The side-by-side comparison of HDFC Securities Ltd and SMC Global Limited stock brokers in India. The comparison below highlights the similarities and differences between HDFC Securities and SMC Global's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among HDFC Securities and SMC Global.
HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account wi...
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
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE
NSE, BSE, MCX, NCDEX
Account Type
Online Trading
Broker Enquiry
Stock Broker Fees / Charges
HDFC Securities Ltd
SMC Global Limited
Trading Account Opening Fees
₹999
Nil
Trading Account AMC
₹0
Nil
Demat Account Opening Fees
₹0
Rs 499
Demat Account AMC
₹750
Rs 300
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
HDFC Securities Ltd
SMC Global Limited
Account Type
Online Trading
Fixed Charges
NA
Equity Delivery Brokerage
0.50%
0.3%
Equity Intraday Brokerage
0.05%
0.03%
Equity Futures Brokerage
0.05%
0.03%
Equity Options Brokerage
₹100 per lot or 1% of the premium (whichever is higher)
Rs.70 per lot
Currency Futures Trading Brokerage
₹23 per contract
0.03%
Currency Options Trading Brokerage
₹20 per contract
Rs.20 per lot
Commodity Futures Trading Brokerage
0.02% for Intraday / 0.025% for positional
0.03%
Commodity Options Trading Brokerage
0.02% for Intraday / 0.025% for positional
0.03%
Other Charges
Minimum Brokerage Charges
₹25 plus taxes
Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges
Call & Trade Charges
₹0
Taxes
HDFC Securities Ltd
SMC Global Limited
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)
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
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Transaction Charges
HDFC Securities Ltd
SMC Global Limited
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%
Exposure
HDFC Securities Ltd
SMC Global Limited
Equity Delivery
2x with Intrest
Upto 3x
Equity Intraday
Upto 20x
Upto 10x Intraday
Equity Futures
Nil
Upto 2x
Equity Options
Nil
NA
Currency Futures
Nil
NA
Currency Options
Nil
NA
Commodity
Nil
Upto 2x
Share Broker Features
HDFC Securities Ltd
SMC Global Limited
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify
HDFC Securities is Rated 2.2 / 5 based on 167 customer reviews
SMC Global is Rated 3.8 / 5 based on 13 customer reviews
Contact Broker / Request A Call Back
HDFC Securities Ltd
SMC Global Limited
Contact / Request Call Back
Investment Options Available
HDFC Securities Ltd
SMC Global Limited
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading
Insurance
Customer Service Offered
HDFC Securities Ltd
SMC Global Limited
24/7 Customer Service
Onine Live Chat
Through Branches
Order Type
HDFC Securities Ltd
SMC Global Limited
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Research / Tips / Reports Published
HDFC Securities Ltd
SMC Global Limited
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Suitable for Investor Category
HDFC Securities Ltd
SMC Global Limited
Casual Investor
Active Investor
Trader
Pros, Cons and Other Review Comments
HDFC Securities Ltd
SMC Global Limited
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.
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.
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: ₹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.
Zerodha
Zero Account Opening Fee