IDBI Capital Vs SMC Global (Compare IDBI Capital and SMC Global)
The side-by-side comparison of IDBI Capital and SMC Global. Compare IDBI Capital Vs SMC Global brokerage, charges, exposure margin, demat account. Read SMC Global and IDBI Capital review.
Find out IDBI Capital Vs SMC Global which is better and IDBI Capital Vs SMC Global which is best.
Our IDBI Capital Markets and Securities Ltd comparison with SMC Global Limited highlights the major differences between two brokers. Find the best between IDBI Capital and SMC Global.
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Part...
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, NSDL
NSE, BSE, MCX, NCDEX
Account Type
Standard Plan
Broker Enquiry
Year of Incorporation
1993
1994
Number of Branches
14
2450
IDBI Capital Vs SMC Global Charges
IDBI Capital
SMC Global
Trading Account Opening Fees
Rs 500
Nil
Trading Account AMC
NIL
Nil
Demat Account Opening Fees
NIL
Rs 499
Demat Account AMC
Rs 450
Rs 300
Demat Account is Mandatory?
No
No
IDBI Capital Vs SMC Global Brokerage
Brokerage Plan 1
IDBI Capital
SMC Global
Account Type
Standard Plan
Fixed Charges
Equity Delivery Brokerage
0.50%
0.3%
Equity Intraday Brokerage
0.05%
0.03%
Equity Futures Brokerage
0.05%
0.03%
Equity Options Brokerage
Rs 100 per lot
Rs.70 per lot
Currency Futures Trading Brokerage
NA
0.03%
Currency Options Trading Brokerage
NA
Rs.20 per lot
Commodity Futures Trading Brokerage
NA
0.03%
Commodity Options Trading Brokerage
NA
0.03%
Brokerage Plan 2
IDBI Capital
SMC Global
Account Type
Ace Trader Plan
Fixed Charges
Equity Delivery Brokerage
0.10% to 0.50%
0.3%
Equity Intraday Brokerage
0.020% to 0.050%
0.03%
Equity Futures Brokerage
0.020% to 0.048%
0.03%
Equity Options Brokerage
Rs 100 per lot
Rs.70 per lot
Currency Futures Trading Brokerage
0.03%
Currency Options Trading Brokerage
Rs.20 per lot
Commodity Futures Trading Brokerage
0.03%
Commodity Options Trading Brokerage
0.03%
Other Charges
Minimum Brokerage Charges
Rs 25 per trade or 2.5% of the trade value whichever is lower.
Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges
Call & Trade Charges
Nil
IDBI Capital Vs SMC Global Taxes
IDBI Capital
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.
Zerodha
Zero Account Opening Fee