The side-by-side comparison of IIFL Securities and SMC Global. Compare IIFL Securities Vs SMC Global brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best IIFL Securities vs SMC Global?
IIFL Securities
Incorporated in 1995, IIFL Securities, part of IIFL Group, is one of the largest independent full service stock brokering house serving retail and institutional clients. IIFL Group is a leading financial service provider in India offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service and the use of cutting-edge technology.
IIFL Securities offers online trading and research-based advisory services for an entire range of financial pr...
SMC Global
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 offices in Dubai. They have huge network of 50+ branches and 2,400 registered sub-brokers and authorized persons with a PAN-India presence.
SMC's Online Trading portal is one stop financial investment portal of SMC Global Ltd. They offers online trading...
Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in 1994, SMC Global is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX. It has 2450 branches across India.
IIFL Securities | SMC Global | |
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Type of Broker | Full Service Broker | Full Service Broker |
Supported Exchnages | NSE, BSE, MCX | NSE, BSE, MCX, NCDEX |
Account Type | Investor Plan (Online Plus) | |
Year of Incorporation | 1996 | 1994 |
Number of Branches | 900 | 2450 |
Broker Enquiry |
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IIFL Securities trading account opening charges is Rs 250 (Currently waived off) while SMC Global account opening changes is Nil. IIFL Securities Demat Account AMC Charges is Rs 250 (Free for first year) and SMC Global Demat Account AMC Charges is Rs 300.
IIFL Securities | SMC Global | |
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Trading Account Opening Charges | Rs 250 (Currently waived off) | Nil |
Trading Account AMC Charges | Rs 0 | Nil |
Demat Account Opening Charges | Rs 0 | Rs 499 |
Demat Account AMC Charges | Rs 250 (Free for first year) | Rs 300 |
IIFL Securities brokerage charges for equity is 0.25% and intraday is 0.025% whereas SMC Global brokerage charges for equity is 0.3% and intraday is 0.03%.
IIFL Securities | SMC Global | |
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Account Type | Investor Plan (Online Plus) | |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.25% | 0.3% |
Equity Intraday Brokerage | 0.025% | 0.03% |
Equity Futures Brokerage | 0.025% | 0.03% |
Equity Options Brokerage | Rs 25 per lot | Rs 70 per lot |
Currency Futures Trading Brokerage | 0.025% or Rs 20 per lot | 0.03% |
Currency Options Trading Brokerage | Rs 8 per lot | Rs 20 per lot |
Commodity Futures Trading Brokerage | 0.025% | 0.03% |
Commodity Options Trading Brokerage | Gold Rs 125 | Silver Rs 80 | Crude Oil Rs 80 | 0.03% |
Special Offer | Special Offer: Open a FREE Demat & Trading Account (Save upto Rs 1150). Get the exclusive offer |
IIFL Securities | SMC Global | |
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Account Type | Premium Plan (Dedicated RM) | |
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 | Rs 50 per lot | Rs 70 per lot |
Currency Futures Trading Brokerage | 0.05% or Rs 20 per lot | 0.03% |
Currency Options Trading Brokerage | Rs 10 per lot | Rs 20 per lot |
Commodity Futures Trading Brokerage | 0.05% | 0.03% |
Commodity Options Trading Brokerage | Gold Rs 150 | Silver Rs 100 | Crude Oil Rs 100 | 0.03% |
Enquire IIFL Securities | Enquire SMC Global |
IIFL Securities | SMC Global | |
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Account Type | Super Trader Plan (Pro Traders) | |
Fixed Charges | Rs 999 | |
Equity Delivery Brokerage | 0.10% | 0.3% |
Equity Intraday Brokerage | 0.01% | 0.03% |
Equity Futures Brokerage | 0.01% | 0.03% |
Equity Options Brokerage | flat Rs 10 per lot | Rs 70 per lot |
Currency Futures Trading Brokerage | 0.015% or Rs 15 per lot | 0.03% |
Currency Options Trading Brokerage | flat Rs 5 per lot | Rs 20 per lot |
Commodity Futures Trading Brokerage | 0.015% | 0.03% |
Commodity Options Trading Brokerage | Gold Rs 80 | Silver Rs 50 | Crude Oil Rs 50 | 0.03% |
Enquire IIFL Securities | Enquire SMC Global |
Minimum Brokerage Charges | Rs 0.05 per share (Rs 25 Min) | 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 |
IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while SMC Global exchange transaction charges for options is 0.065% (on premium).
IIFL Securities | SMC Global | |
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Equity Delivery | Rs 325 per Cr (0.00325%) | 0.0035% |
Equity Intraday | Rs 325 per Cr (0.00325%) | 0.0035% |
Equity Futures | Rs 210 per Cr (0.0021%) | 0.0029% |
Equity Options | Rs 5100 per Cr (0.051%) (on premium) | 0.065% (on premium) |
Currency Futures | Rs 210 per Cr (0.0021%) | 0.0029% |
Currency Options | Rs 5100 per Cr (0.051%) (on premium) | 0.065% (on premium) |
Commodity | Group A - Rs 280 per Cr (0.0028%) | 0.0030% |
Enquire IIFL Securities | Enquire SMC Global |
IIFL Securities provides the margin of Upto 20x for intraday trades whereas the SMC Global margin for intraday cash is Upto 10x Intraday.
IIFL Securities | SMC Global | |
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Equity Delivery | Upto 3x (18% Annual Interest) | 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 | Upto 3x | |
Enquire IIFL Securities | Enquire SMC Global |
The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. SMC Global offers SMC Privilege, Easy Trader, Mobitrader, Tab Trader trading software.
IIFL Securities | SMC Global | |
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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 Portfolio | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App | SMC Privilege, Easy Trader, Mobitrader, Tab Trader |
Intraday Square-off Time | ||
Other Features | ||
Referral Program | ||
Enquire IIFL Securities | Enquire SMC Global |
IIFL Securities is rated 2.7 of 5 based on 112 customer reviews whereas SMC Global is rated 3.7 of 5 based on 16 customer reviews.
IIFL Securities | SMC Global | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire IIFL Securities | Enquire SMC Global |
IIFL Securities | SMC Global | |
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Reviews | ||
Promo / Offers | Open IIFL Demat & Trading Account & Save upto Rs 1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer | |
Enquire IIFL Securities | Enquire SMC Global |
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