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India Infoline
The side-by-side comparison of India Infoline (IIFL) and SMC Global. Compare India Infoline (IIFL) Vs SMC Global brokerage, charges, exposure margin, demat account. Read SMC Global and India Infoline (IIFL) review.
Find out India Infoline (IIFL) Vs SMC Global which is better and India Infoline (IIFL) Vs SMC Global which is best.
Our India Infoline Limited comparison with SMC Global Limited highlights the major differences between two brokers. Find the best between India Infoline (IIFL) and SMC Global.
| India Infoline Limited | SMC Global Limited | |
|---|---|---|
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| About the Broker | Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading.
IIFL off...  |
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 | NSE, BSE, MCX | NSE, BSE, MCX, NCDEX |
| Account Type | Standard Account | |
| Broker Enquiry |
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| Year of Incorporation | 1996 | 1994 |
| Number of Branches | 900 | 2450 |
| India Infoline Limited | SMC Global Limited | |
|---|---|---|
| Trading Account Opening Fees | ₹750 | Nil |
| Trading Account AMC | ₹0 | Nil |
| Demat Account Opening Fees | ₹555 | Rs 499 |
| Demat Account AMC | ₹ 555 (One time) | Rs 300 |
| Demat Account is Mandatory? | No | No |
| India Infoline Limited | SMC Global Limited | |
|---|---|---|
| Account Type | Standard Account | |
| 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 | 1% of Premium or ₹100 per lot whichever is high | Rs.70 per lot |
| Currency Futures Trading Brokerage | Rs 25 per lot | 0.03% |
| Currency Options Trading Brokerage | 1% of Premium or ₹100 per lot whichever is high | Rs.20 per lot |
| Commodity Futures Trading Brokerage | 0.05% | 0.03% |
| Commodity Options Trading Brokerage | 0.03% |
| Minimum Brokerage Charges | Rs 0.05 per share | Rs 25 per trade or 2.5% of the trade value whichever is lower |
| Other Brokerage Charges | Advisory SMS - Rs 50 per month | |
| Call & Trade Charges | Rs 50 per call |
| India Infoline Limited | SMC Global Limited | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| 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. |
| India Infoline Limited | SMC Global Limited | |
|---|---|---|
| Equity Delivery | 0.00325% | 0.0035% |
| Equity Intraday | 0.00325% | 0.0035% |
| Equity Futures | 0.0021% | 0.0029% |
| Equity Options | 0.051% on premium | 0.065% (on premium) |
| Currency Futures | 0.0021% | 0.0029% |
| Currency Options | 0.051% on premium | 0.065% (on premium) |
| Commodity | 0.0028% | 0.0030% |
| India Infoline Limited | SMC Global Limited | |
|---|---|---|
| Equity Delivery | Upto 3x with 18% interest per year | Upto 3x |
| Equity Intraday | Upto 20x | Upto 10x Intraday |
| Equity Futures | Upto 3x | Upto 2x |
| Equity Options | 3x for shorting | NA |
| Currency Futures | Upto 2x | NA |
| Currency Options | 2x for shorting | NA |
| Commodity Futures | Upto 3x | Upto 2x |
| Commodity Options |
| India Infoline Limited | SMC Global Limited | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | ||
| Margin Against Shares (Equity Cash) | ||
| Margin Against Shares (Equity F&O) | ||
| Trading Platform | TT Exe, TT Web, IIFL Markets | SMC Privilege, Easy Trader, Mobitrader, Tab Trader |
| Intraday Square-off Time | ||
| Other Features | Market Mantra, Loyalty Points | |
| Referral Program |
| India Infoline Limited | SMC Global Limited | |
|---|---|---|
105 Customer Reviews  |
13 Customer Reviews |
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| Trading Brokerage Rating |  |
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| Customer Service Ratings |  |
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| Overall Ratings | |
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| Broker Rating | India Infoline (IIFL) is Rated 2.7 / 5 based on 105 customer reviews | SMC Global is Rated 3.8 / 5 based on 13 customer reviews |
| India Infoline Limited | SMC Global Limited | |
|---|---|---|
| Contact / Request Call Back |
| India Infoline Limited | SMC Global Limited | |
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| Other Investment Options | Insurance |
| India Infoline Limited | SMC Global Limited | |
|---|---|---|
| 24/7 Customer Service | |
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| Onine Live Chat | |
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| Through Branches | |
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| India Infoline Limited | SMC Global Limited | |
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| Bracket Order | |
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| Buy Today Sell Tomorrow (BTST) | ||
| Sell Today Buy Tomorrow (STBT) | ||
| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
| India Infoline Limited | SMC Global Limited | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| India Infoline Limited | SMC Global Limited | |
|---|---|---|
| Casual Investor | |
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| Active Investor | ||
| Trader |
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