HDFC Securities Vs SMC Global (Compare HDFC Securities and SMC Global)

HDFC Securities Vs SMC Global

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 1994, SMC Global is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX. It has 2450 branches across India.

	HDFC Securities	SMC Global
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	NSE, BSE, MCX, NCDEX
Year of Incorporation	2002	1994
Number of Branches	270	2450
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HDFC Securities Vs SMC Global Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while SMC Global account opening changes is Nil. HDFC Securities Demat Account AMC Charges is Rs 750 and SMC Global Demat Account AMC Charges is Rs 300.

	HDFC Securities	SMC Global
Trading Account Opening Charges	Rs 999	Nil
Trading Account AMC Charges	Rs 0	Nil
Demat Account Opening Charges	Rs 0	Rs 499
Demat Account AMC Charges	Rs 750	Rs 300

HDFC Securities Vs SMC Global Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas SMC Global brokerage charges for equity is 0.3% and intraday is 0.03%.

	HDFC Securities	SMC Global
Account Type	Online Trading
Fixed Charges	NA
Equity Delivery	0.50%	0.3%
Equity Intraday	0.05%	0.03%
Equity Futures	0.05%	0.03%
Equity Options	Rs 100 per lot or 1% of the premium (whichever is higher)	Rs 70 per lot
Currency Futures	Rs 23 per contract	0.03%
Currency Options	Rs 20 per contract	Rs 20 per lot
Commodity Futures	0.02% for Intraday / 0.025% for positional	0.03%
Commodity Options	0.02% for Intraday / 0.025% for positional	0.03%
Special Offer	Special Offer: Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.

HDFC Securities Charges Vs SMC Global

Minimum Brokerage	Rs 25 plus taxes	Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Charges
Call & Trade Charges	Rs 0

HDFC Securities Vs SMC Global Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while SMC Global exchange transaction charges for options is 0.065% (on premium).

	HDFC Securities	SMC Global
Equity Delivery	0.00325%	0.0035%
Equity Intraday	0.00325%	0.0035%
Equity Futures	.00190%	0.0029%
Equity Options	0.050% (on premium)	0.065% (on premium)
Currency Futures	0.00110%	0.0029%
Currency Options	0.040% (on premium)	0.065% (on premium)
Commodity	NA	0.0030%
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HDFC Securities Vs SMC Global Leverage (Margin)

HDFC Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the SMC Global margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	HDFC Securities	SMC Global
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare HDFC Securities and SMC Global Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. SMC Global offers SMC Privilege, Easy Trader, Mobitrader, Tab Trader trading software.

	HDFC Securities	SMC Global
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify	SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Intraday Square-off Time	3:30 PM
Other Features	E-Margin, ENCASH,
Referral Program
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HDFC Securities Vs SMC Global Review

HDFC Securities is rated 2.2 of 5 based on 206 customer reviews whereas SMC Global is rated 4.1 of 5 based on 29 customer reviews.

	HDFC Securities	SMC Global
	206 Customer Reviews	29 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	HDFC Securities is rated 2.2 of 5 based on 206 customer reviews	SMC Global is rated 4.1 of 5 based on 29 customer reviews

HDFC Securities Vs SMC Global Investment Options

	HDFC Securities	SMC Global
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading	Insurance

HDFC Securities Vs SMC Global Order Type Offered

	HDFC Securities	SMC Global
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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HDFC Securities Vs SMC Global Research Report

	HDFC Securities	SMC Global
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

HDFC Securities Vs SMC Global Suitable For Investor Type

	HDFC Securities	SMC Global
Casual Investor
Active Investor
Trader

HDFC Securities Vs SMC Global - Pros and Cons

	HDFC Securities	SMC Global
Pros	The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.	They have 50+ branches for extensive reach. Call and trade facility is also available. Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available. Trading is available in both BSE and NSE. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
Cons	In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank. Very high brokerage charges Charge minimum brokerage of Rs 25	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.
Reviews
Promo / Offers	HDFC 3-in-1 Account HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: Rs 750 demat account AMC is waived when you open your 3-in-1 account. Interested in opening a trading account? Request Callback from a stock broker.
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