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.
IDBI Capital Vs SMC Global
IDBI Capital
SMC Global
Find more info about broker
About the Broker
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
Enquire IDBI Capital
Enquire SMC Global
IDBI Capital Vs SMC Global Charges
IDBI Capital
SMC Global
Trading Account Opening Fees
₹500
Nil
Trading Account AMC
NIL
Nil
Demat Account Opening Fees
NIL
₹499
Demat Account AMC
₹450
₹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
₹100 per lot
₹70 per lot
Currency Futures Trading Brokerage
NA
0.03%
Currency Options Trading Brokerage
NA
₹20 per lot
Commodity Futures Trading Brokerage
NA
0.03%
Commodity Options Trading Brokerage
NA
0.03%
Special Offer
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
₹100 per lot
₹70 per lot
Currency Futures Trading Brokerage
0.03%
Currency Options Trading Brokerage
₹20 per lot
Commodity Futures Trading Brokerage
0.03%
Commodity Options Trading Brokerage
0.03%
Other Charges
Minimum Brokerage Charges
₹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.
IDBI Capital Vs SMC Global Transaction Charges
IDBI Capital
SMC Global
Equity Delivery
0.00325%
0.0035%
Equity Intraday
0.00325%
0.0035%
Equity Futures
0.0019%
0.0029%
Equity Options
0.051% on premium
0.065% (on premium)
Currency Futures
NA
0.0029%
Currency Options
NA
0.065% (on premium)
Commodity
NA
0.0030%
IDBI Capital Vs SMC Global Exposure Margin
IDBI Capital
SMC Global
Equity Delivery
Nil
Upto 3x
Equity Intraday
Upto 4x
Upto 10x Intraday
Equity Futures
Nil
Upto 2x
Equity Options
Nil
NA
Currency Futures
Nil
NA
Currency Options
Nil
NA
Commodity Futures
Nil
Upto 2x
Commodity Options
IDBI Capital and SMC Global Feature Comparison
IDBI Capital
SMC Global
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
Power Pro, Power Streaming, IDBI Direct
SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Intraday Square-off Time
3:00 PM
Other Features
Morning Report, Equity SIP, Investment Guide
Referral Program
IDBI Capital Vs SMC Global Review
IDBI Capital
SMC Global
37 Customer Reviews
14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
IDBI Capital is Rated 2.8 / 5 based on 37 customer reviews SMC Global is Rated 3.9 / 5 based on 14 customer reviews
IDBI Capital Vs SMC Global Investment Options
IDBI Capital
SMC Global
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
IDBI Capital Vs SMC Global Customer Service
IDBI Capital
SMC Global
24/7 Customer Service
Onine Live Chat
Through Branches
IDBI Capital Vs SMC Global Order Type Offered
IDBI Capital
SMC Global
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
IDBI Capital Vs SMC Global Research Report
IDBI Capital
SMC Global
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
IDBI Capital Vs SMC Global Suitable For Investor Type
IDBI Capital
SMC Global
Casual Investor
Active Investor
Trader
IDBI Capital Vs SMC Global - Advantages and Disadvantages
IDBI Capital
SMC Global
Pros
- Prepaid plans are available for volume traders.
More Advantages...
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.
More Advantages...
Cons
- Additional charge of ₹2000 per year for installable trading platform.
More Disadvantages...
Mobile trading on NSE is not available.
They don't offer 3 in 1 account.
There charge extra for their featured products.
More Disadvantages...
Reviews
Promo / Offers
Zerodha
Zero Account Opening Fee