FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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The side-by-side comparison of SMC Global and Anand Rathi NRI Account. Compare SMC Global Vs Anand Rathi NRI Account brokerage charges, exposure margin, demat account and AMC. Read Anand Rathi and SMC Global NRI Account reviews.
Find out SMC Global Vs Anand Rathi which is better NRI Trading Account. See SMC Global Vs Anand Rathi which is best NRI Demat Account.
Our SMC Global Limited comparison with Anand Rathi highlights the major differences between two brokers. Find the best between SMC Global and Anand Rathi NRI Account.
SMC Global | Anand Rathi | |
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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... | Anand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves... |
Account Type | NRI Account | NRI Account |
Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback. |
SMC Global | Anand Rathi | |
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NRI Account Opening Fees | ₹1000 | Rs 0 |
NRI Account AMC | ₹0 | Rs 0 |
NRI Demat Account Opening Fees | Rs 499 | Rs 0 (Free) |
NRI Demat Account AMC | Rs 300 | 450 + GST 18% = 532 (1st year free) |
PIS Account AMC | NA | NA |
RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
Account Type | SMC Global NRI Account | Anand Rathi NRI Account |
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Equity Delivery | 0.50% | 0.30% |
Equity Futures | 0.05% | 0.03% |
Equity Options | ₹75 per lot | Rs 50 per lot |
Contract Note Reporting Charges | NA | NA |
Other Brokerage Charges | Demat AMC: ₹1180, Min Brokerage: ₹20 | Demat AMC: Rs 450 per year |
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 | Anand Rathi | |
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Securities Transaction Tax (STT) |
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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 Margin | Anand Rathi Margin | |
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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 | Anand Rathi | |
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3-in-1 Account | ||
Automated Trading | ||
Free Research And Tips | ||
Other Features | ||
SMC Global Enquire | Anand Rathi Enquire | |
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Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback. |
SMC Global | Anand Rathi | |
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Stocks | ||
Initial Public Offers (IPO) | ||
Mutual Funds | ||
Other Investment Options | Debt Funds, Bonds, ETF, Insurance |
SMC Global | Anand Rathi | |
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Customer Care Number | +91-11-25754371, 91- 9650988009 | 0291 666 1001 |
Customer Care Email | nridesk@smcindiaonline.com | nridesk@rathi.com |
SMC Global | Anand Rathi | |
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Bracket Order | ||
Cover Order | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) |
SMC Global | Anand Rathi | |
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Pros |
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Cons |
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Conclusion
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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. |
Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker. |
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Anand Rathi Special OfferRs 0 Account Opening (for a limited time only)
Anand Rathi Demat account opening charges are Rs 0 (free). |
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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