Free Trading + Demat Account

ICICIDirect Vs SMC Global (Compare ICICIDirect and SMC Global)

The side-by-side comparison of ICICIDirect and SMC Global. Compare ICICIDirect Vs SMC Global brokerage, charges, exposure margin, demat account. Read SMC Global and ICICIDirect review.

Find out ICICIDirect Vs SMC Global which is better and ICICIDirect Vs SMC Global which is best.

Our ICICI Securities Pvt Ltd. comparison with SMC Global Limited highlights the major differences between two brokers. Find the best between ICICIDirect and SMC Global.

Expand

ICICIDirect Vs SMC Global

  ICICIDirect SMC Global
Find more info about broker
ICICI Securities Pvt Ltd. Logo SMC Global Limited Logo
About the Broker ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group... Know more about ICICI Securities Pvt Ltd. 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... Know more about SMC Global Limited
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE NSE, BSE, MCX, NCDEX
Account Type 3-in-1 Account (I-Secure Plan)
Broker Enquiry Open an Online Trading Account with ICICIDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with SMC Global. Leave your contact info and we will get in touch with you.
Year of Incorporation 2000 1994
Number of Branches 154 2450
Expand

ICICIDirect Vs SMC Global Charges

  ICICIDirect SMC Global
Trading Account Opening Fees ₹975 Nil
Trading Account AMC ₹0 Nil
Demat Account Opening Fees ₹0 Rs 499
Demat Account AMC ₹450 Rs 300
Demat Account is Mandatory? No No
Expand

ICICIDirect Vs SMC Global Brokerage

Brokerage Plan 1

  ICICIDirect SMC Global
Account Type 3-in-1 Account (I-Secure Plan)
Fixed Charges
Equity Delivery Brokerage 0.55% 0.3%
Equity Intraday Brokerage 0.275% 0.03%
Equity Futures Brokerage 0.05% to 0.03% 0.03%
Equity Options Brokerage ₹95 to ₹35 per lot Rs.70 per lot
Currency Futures Trading Brokerage 0.050% to 0.030% 0.03%
Currency Options Trading Brokerage ₹25 to ₹10 per lot Rs.20 per lot
Commodity Futures Trading Brokerage NA 0.03%
Commodity Options Trading Brokerage NA 0.03%

Brokerage Plan 2

  ICICIDirect SMC Global
Account Type I-Saver Plan
Fixed Charges
Equity Delivery Brokerage 0.75% to 0.25% 0.3%
Equity Intraday Brokerage 0.75% to 0.25% 0.03%
Equity Futures Brokerage 0.05% to 0.03% 0.03%
Equity Options Brokerage ₹95 to ₹65 per lot Rs.70 per lot
Currency Futures Trading Brokerage 0.05% to 0.03% 0.03%
Currency Options Trading Brokerage ₹95 to ₹65 per lot Rs.20 per lot
Commodity Futures Trading Brokerage NA 0.03%
Commodity Options Trading Brokerage 0.03%

Other Charges

Minimum Brokerage Charges ₹35 per trade Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges
Call & Trade Charges ₹25 per call after first 20 free calls per month
Expand

ICICIDirect Vs SMC Global Taxes

  ICICIDirect SMC Global
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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.
Expand

ICICIDirect Vs SMC Global Transaction Charges

  ICICIDirect SMC Global
Equity Delivery NSE: 0.0031% | BSE: 0.0028% 0.0035%
Equity Intraday NSE: 0.0031% | BSE: 0.0028% 0.0035%
Equity Futures 0.0018% 0.0029%
Equity Options 0.05% on Premium 0.065% (on premium)
Currency Futures 0.0012% 0.0029%
Currency Options 0.05% on Premium 0.065% (on premium)
Commodity NA 0.0030%
Expand

ICICIDirect Vs SMC Global Exposure Margin

  ICICIDirect SMC Global
Equity Delivery 5x with Interest Upto 3x
Equity Intraday Upto 25x Upto 10x Intraday
Equity Futures 4x Upto 2x
Equity Options 2x for shorting NA
Currency Futures NA NA
Currency Options NA NA
Commodity Futures NA Upto 2x
Commodity Options
Expand

ICICIDirect and SMC Global Feature Comparison

  ICICIDirect SMC Global
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No Yes
Online Demo Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Intraday Square-off Time 3:30 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program
Expand

ICICIDirect Vs SMC Global Review

  ICICIDirect SMC Global
  403 Customer Reviews    Rate ICICIDirect 13 Customer Reviews    Rate SMC Global
Fees Ratings 2.3 3.8
Trading Brokerage Rating 1.7 3.3
Trading Platform Usability 3.4 3.9
Customer Service Ratings 2.8 3.8
Overall Ratings Rated 2.4 stars Rated 3.8 stars
Broker Rating ICICIDirect is Rated 2.4 / 5 based on 403 customer reviews SMC Global is Rated 3.8 / 5 based on 13 customer reviews
Expand

Contact Broker / Request A Call Back

  ICICIDirect Enquire SMC Global Enquire
Contact Broker
Expand

ICICIDirect Vs SMC Global Investment Options

  ICICIDirect SMC Global
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS Insurance
Expand

ICICIDirect Vs SMC Global Customer Service

  ICICIDirect SMC Global
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
Expand

ICICIDirect Vs SMC Global Order Type Offered

  ICICIDirect SMC Global
Bracket Order No No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
Expand

ICICIDirect Vs SMC Global Research Report

  ICICIDirect SMC Global
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

ICICIDirect Vs SMC Global Suitable For Investor Type

  ICICIDirect SMC Global
Casual Investor Yes
Active Investor
Trader
Expand

ICICIDirect Vs SMC Global - Advantages and Disadvantages

  ICICIDirect SMC Global
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

More Advantages...

  1. They have 50+ branches for extensive reach.
  2. Call and trade facility is also available.
  3. Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders.
  4. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
  5. Trading is available in both BSE and NSE.
  6. Low bandwidth website is available for slow internet connection or for trading from mobile devices.

More Advantages...

Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra Rs 25 per call after first 20 free calls in a month.

More Disadvantages...

  1. Mobile trading on NSE is not available.
  2. They don't offer 3 in 1 account.
  3. There charge extra for their featured products.

More Disadvantages...

Reviews
Enquire ICICIDirect Enquire SMC Global
Compare More Brokers
ICICIDirect Vs Zerodha
ICICIDirect Vs HDFC Securities
ICICIDirect Vs Sharekhan
ICICIDirect Vs AxisDirect
ICICIDirect Vs Angel Broking
ICICIDirect Vs Kotak Securities
ICICIDirect Vs Motilal Oswal
ICICIDirect Vs Karvy
ICICIDirect Vs India Infoline (IIFL)
ICICIDirect Vs SBI Securities
ICICIDirect Vs Geojit
ICICIDirect Vs Religare
ICICIDirect Vs Edelweiss
ICICIDirect Vs Reliance Securities
ICICIDirect Vs Nirmal Bang
ICICIDirect Vs 5paisa
ICICIDirect Vs Ventura
ICICIDirect Vs Upstox
ICICIDirect Vs Anand Rathi
ICICIDirect Vs MyValueTrade
ICICIDirect Vs Indiabulls
ICICIDirect Vs Aditya Birla Money
ICICIDirect Vs Bonanza
ICICIDirect Vs SAMCO
ICICIDirect Vs TradingBells
ICICIDirect Vs IDBI Capital
ICICIDirect Vs TradeSmart
ICICIDirect Vs SAS Online
ICICIDirect Vs iTradeOnline
ICICIDirect Vs Tradeplus
ICICIDirect Vs Tradejini
ICICIDirect Vs Alice Blue
ICICIDirect Vs Wisdom Capital
ICICIDirect Vs Fyers
ICICIDirect Vs Finvasia
ICICIDirect Vs ProStocks
ICICIDirect Vs RMoney
ICICIDirect Vs Beeline
ICICIDirect Vs Just Trade
ICICIDirect Vs Achiievers
ICICIDirect Vs Trustline
ICICIDirect Vs Yes Securities
ICICIDirect Vs RKSV
SMC Global Vs Zerodha
SMC Global Vs HDFC Securities
SMC Global Vs Sharekhan
SMC Global Vs AxisDirect
SMC Global Vs Angel Broking
SMC Global Vs Kotak Securities
SMC Global Vs Motilal Oswal
SMC Global Vs Karvy
SMC Global Vs India Infoline (IIFL)
SMC Global Vs SBI Securities
SMC Global Vs Geojit
SMC Global Vs Religare
SMC Global Vs Edelweiss
SMC Global Vs Reliance Securities
SMC Global Vs Nirmal Bang
SMC Global Vs 5paisa
SMC Global Vs Ventura
SMC Global Vs Upstox
SMC Global Vs Anand Rathi
SMC Global Vs MyValueTrade
SMC Global Vs Indiabulls
SMC Global Vs Aditya Birla Money
SMC Global Vs Bonanza
SMC Global Vs SAMCO
SMC Global Vs TradingBells
SMC Global Vs IDBI Capital
SMC Global Vs TradeSmart
SMC Global Vs SAS Online
SMC Global Vs iTradeOnline
SMC Global Vs Tradeplus
SMC Global Vs Tradejini
SMC Global Vs Alice Blue
SMC Global Vs Wisdom Capital
SMC Global Vs Fyers
SMC Global Vs Finvasia
SMC Global Vs ProStocks
SMC Global Vs RMoney
SMC Global Vs Beeline
SMC Global Vs Just Trade
SMC Global Vs Achiievers
SMC Global Vs Trustline
SMC Global Vs Yes Securities
SMC Global Vs RKSV



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App