5paisa Vs SMC Global (Compare 5paisa and SMC Global)
The side-by-side comparison of 5paisa and SMC Global. Compare 5paisa Vs SMC Global brokerage, charges, exposure margin, demat account. Read SMC Global and 5paisa review.
Find out 5paisa Vs SMC Global which is better and 5paisa Vs SMC Global which is best.
Our 5paisa Capital Ltd comparison with SMC Global Limited highlights the major differences between two brokers. Find the best between 5paisa and SMC Global.
5paisa is a Mumbai based India's 2nd largest discount broker. 5paisa is part of India Infoline (IIFL), India's leading financial services company. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016.
India...
Incorporated in 1994, SMC Global Limited is a leading financial services company in India offering services across brokerage, investment banking and wealth management.
SMC Global has a presense in India as well as internationally through office...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
NSE, BSE
NSE, BSE, MCX, NCDEX
Account Type
Standard Account
Broker Enquiry
Year of Incorporation
1996
1994
Number of Branches
900
2450
5paisa Vs SMC Global Charges
5paisa
SMC Global
Trading Account Opening Fees
₹650
Nil
Trading Account AMC
₹0 (Free)
Nil
Demat Account Opening Fees
₹0 (Free)
Rs 499
Demat Account AMC
Free (₹400 from second year onward)
Rs 300
Demat Account is Mandatory?
No
No
5paisa Vs SMC Global Brokerage
Brokerage Plan 1
5paisa
SMC Global
Account Type
Standard Account
Fixed Charges
Equity Delivery Brokerage
₹10 per executed order
0.3%
Equity Intraday Brokerage
₹10 per executed order
0.03%
Equity Futures Brokerage
₹10 per executed order
0.03%
Equity Options Brokerage
₹10 per executed order
Rs.70 per lot
Currency Futures Trading Brokerage
₹10 per executed order
0.03%
Currency Options Trading Brokerage
₹10 per executed order
Rs.20 per lot
Commodity Futures Trading Brokerage
₹10 per executed order
0.03%
Commodity Options Trading Brokerage
₹10 per executed order
0.03%
Other Charges
Minimum Brokerage Charges
₹10 per executed order
Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges
Call & Trade Charges
₹100 per call (any number of trades in a call)
5paisa Vs SMC Global Taxes
5paisa
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)
Currency Futures
Nil
Currency Options
Nil
Commodities
0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
5paisa Vs SMC Global Transaction Charges
5paisa
SMC Global
Equity Delivery
₹325 per crore (0.00325%)
0.0035%
Equity Intraday
₹325 per crore (0.00325%)
0.0035%
Equity Futures
₹210 per crore (0.0021%)
0.0029%
Equity Options
₹5100 per crore (on premium) (0.051%)
0.065% (on premium)
Currency Futures
₹210 per crore (0.0021%)
0.0029%
Currency Options
₹5100 per crore (on premium)(0.051%)
0.065% (on premium)
Commodity
0.0030%
5paisa Vs SMC Global Exposure Margin
5paisa
SMC Global
Equity Delivery
Upto 4x (Category E 4x, A 3.5x, B 3x, C 2x, D 1.5x)
Zerodha
Zero Account Opening Fee