|
|
Edelweiss
5Paisa
IIFL Sec
Sharekhan
ICICIdirect
HDFC Sec
SBI Capital
Axis Direct
Kotak Sec
TradeSmart
Fyers
Alice Blue
Tradeplus
SAS Online
GCL Sec
Groww
The side-by-side comparison of SMC Global and Alice Blue NRI Account. Compare SMC Global Vs Alice Blue NRI Account brokerage charges, exposure margin, demat account and AMC. Read Alice Blue and SMC Global NRI Account reviews.
Find out SMC Global Vs Alice Blue which is better NRI Trading Account. See SMC Global Vs Alice Blue which is best NRI Demat Account.
Our SMC Global Limited comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between SMC Global and Alice Blue NRI Account.
| SMC Global | Alice Blue | |
|---|---|---|
 |
 |
|
| About the Broker | SMC Global is a diversified financial service provider offering a wide range of financial products and services to resident and non-resident Indians (NRI) investors. NRIs can invest in Equity, Debt, Derivatives and Real Estate Funds with SMC. NRIs ca...  |
Alice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, ' We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with... |
| Account Type | NRI Account | NA |
| Broker Enquiry |
|
|
| SMC Global | Alice Blue | |
|---|---|---|
| NRI Account Opening Fees | ₹1000 | NA |
| NRI Account AMC | ₹0 | NA |
| NRI Demat Account Opening Fees | Rs 499 | Rs 0 |
| NRI Demat Account AMC | Rs 300 | Rs 400 |
| PIS Account AMC | NA | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| SMC Global | Alice Blue | |
|---|---|---|
| Account Type | NRI Account | NA |
| Equity Delivery | 0.50% | NA |
| Equity Futures | 0.05% | NA |
| Equity Options | ₹75 per lot | NA |
| Contract Note Reporting Charges | NA | NA |
| Other Brokerage Charges | Demat AMC: ₹1180, Min Brokerage: ₹20 | NA |
| TDS Charges on Long Term Gain (Holding > 365 Days) | 11.96% | 11.96% |
| TDS Charges on Short Term Gain (Holding <= 365 Days) | 17.94% | 17.94% |
| SMC Global | Alice Blue | |
|---|---|---|
| Securities Transaction Tax (STT) |
|
|
| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. |
| SMC Global | Alice Blue | |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.
| SMC Global | Alice Blue | |
|---|---|---|
| 3-in-1 Account |  |
|
| Automated Trading | |
|
| Free Research And Tips |  |
|
| Other Features |
| SMC Global | Alice Blue | |
|---|---|---|
30 Customer Reviews  |
32 Customer Reviews |
|
| Fees |  |
|
| Brokerage |  |
|
| Trading Platform |  |
 |
| Customer Service |  |
 |
| Overall Rating | |
 |
| Broker Rating | SMC Global is Rated 4.0 / 5 based on 30 customer reviews | Alice Blue is Rated 3.4 / 5 based on 32 customer reviews |
| SMC Global | Alice Blue | |
|---|---|---|
| Contact Broker |
| SMC Global | Alice Blue | |
|---|---|---|
| Stocks | |
|
| Initial Public Offers (IPO) | |
|
| Mutual Funds | |
|
| Other Investment Options | Debt Funds, Bonds, ETF, Insurance |
| SMC Global | Alice Blue | |
|---|---|---|
| Customer Care Number | +91-11-25754371, 91- 9650988009 | |
| Customer Care Email | nridesk@smcindiaonline.com |
| SMC Global | Alice Blue | |
|---|---|---|
| Bracket Order | |
|
| Cover Order | |
|
| After Market Order(AMO) | |
|
| Good Till Cancelled (GTC) | |
|
| SMC Global | Alice Blue | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
Conclusion |
SMC comes across as a good choice for NRI investors who are looking for a company that offers a wide range of financial products under one roof and investment recommendations. The broker offers a good online trading platform. It also provides wealth management services to NRIs. It has a corporate office in Dubai which makes it easy for NRIs residing in the city to avail various services through branch visits. The brokerage charges of SMC Global are high in comparison to discount stock brokers. |
Alice Blue, the Bangalore based financial service provider, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks. If you recently become an NRI and have a resident account with Alice Blue, you have to close it and open a new account with another broker who offers NRI services. |
Promo / Offers |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Contact SMC Global
