The side-by-side comparison of Dhani Stocks and SMC Global NRI Account. Compare Dhani Stocks Vs SMC Global NRI Account brokerage charges, exposure margin, demat account and AMC. Read SMC Global and Dhani Stocks NRI Account reviews.
Find out Dhani Stocks Vs SMC Global which is better NRI Trading Account. See Dhani Stocks Vs SMC Global which is best NRI Demat Account.
Our Dhani Stocks Limited comparison with SMC Global Limited highlights the major differences between two brokers. Find the best between Dhani Stocks and SMC Global NRI Account.
Dhani Stocks is a Discount broker that offers a range of trading and investment services to NRIs. The company offers a 3-in-1 account facility by acting as a single point of contact for opening trading, Demat, banking, Custodial Participant, and PIS ...
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...
Account Type
NRI Account
NRI Account
Special Offer
Zerodha (Trade with the best stock broker)
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.
Zerodha (Trade with the best stock broker)
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.
Dhani Stocks Vs SMC Global Charges
Dhani Stocks
SMC Global
NRI Account Opening Fees
₹2000
₹1000
NRI Account AMC
₹300
₹0
NRI Demat Account Opening Fees
Rs 0
Rs 499
NRI Demat Account AMC
Rs 0
Rs 300
PIS Account AMC
₹0
NA
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
Dhani Stocks Vs SMC Global NRI Account Brokerage Comparison
Account Type
Dhani Stocks NRI Account
SMC Global NRI Account
Equity Delivery
0.50%
0.50%
Equity Futures
0.05%
0.05%
Equity Options
₹100 per lot
₹75 per lot
Other Charges
Contract Note Reporting Charges
NA
Other Brokerage Charges
Demat AMC: ₹1180, Min Brokerage: ₹20
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%
Dhani Stocks Vs SMC Global NRI Account Taxes/Fees
Dhani Stocks
SMC Global
Securities Transaction Tax (STT)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
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.
Dhani Stocks Vs SMC Global NRI Account Margin
Dhani Stocks Margin
SMC Global Margin
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.
Dhani Stocks and SMC Global NRI Account Features
Dhani Stocks
SMC Global
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Dhani Stocks Vs SMC Global NRI Account Review
Dhani Stocks Review
SMC Global Review
6 Customer Reviews
33 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Dhani Stocks is Rated 3.8 / 5 based on 6 customer reviews
SMC Global is Rated 3.8 / 5 based on 33 customer reviews
Contact Broker / Request A Call Back
Dhani Stocks Enquire
SMC Global Enquire
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.
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.
Dhani Stocks Vs SMC Global NRI Investment Options
Dhani Stocks
SMC Global
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Debt Funds, Bonds, ETF, Insurance
Dhani Stocks Vs SMC Global NRI Customer Service
Dhani Stocks
SMC Global
Customer Care Number
91 22 61891988
+91-11-25754371, 91- 9650988009
Customer Care Email
nriservices@dhani.com
nridesk@smcindiaonline.com
Dhani Stocks Vs SMC Global Order Type Offered for NRI Account
Dhani Stocks
SMC Global
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Dhani Stocks Vs SMC Global - NRI Account Advantages and Disadvantages
Online investing with the advanced Dhani Stocks trading platform.
Access to online mutual funds investment to NRIs.
Part of reputed Indiabulls Group, a diversified financial services company.
Free Call and Trade facility.
NRIs doesn't require separate Custodial Account to trade in Equity Derivatives as SMC is a registered clearing member who can get CP code for and clear the trades. This offers a huge saving for NRIs.
Provides research and recommendation tips based on technical analysis.
NRIs can trade and invest through mobile, software and web browser
Dedicated relationship manager to assist the NRIs in account opening to investing process.
SMC is a full-service broker offering a wide range of products and services.
Cons
Higher brokerage as compared to the brokerage charged by discount brokers.
Doesn't offer unlimited trades/discount brokerage to NRI customers.
Offers NRI trading services only to NRIs who have bank accounts with Yes, Axis, HDFC, Indusind, or Federal Bank account holders.
It offers 2-in-1 account means NRIs have to open an NRI bank account and PIS with other banks. It also means that they have to transfer funds in their PIS account before trading.
Good Till Date/Time (GTD) and Good Till Cancelled (GTC) orders are not available.
Conclusion
Dhani Stocks is a decent choice as a broker for NRI traders who need the online trading facility, personalized services, and prefer investing in mutual funds. The Dhani Stocks powerful trading platforms offer many useful trading features to NRI investors. Being a full-service broker, the brokerage charges are slightly on a higher side, making it a little costly broker for NRIs. Except for higher brokerage, the services offered by Dhani Stocks to NRI customers are competitive.
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.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds
