IIFL Securities Vs SMC Global (Compare IIFL Securities and SMC Global)

IIFL Securities Vs SMC Global

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
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
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IIFL Securities Vs SMC Global Charges & AMC

IIFL Securities trading account opening charges is ₹250 (Currently waived off) while SMC Global account opening changes is Nil. IIFL Securities Demat Account AMC Charges is ₹250 (Free for first year) and SMC Global Demat Account AMC Charges is ₹300.

	IIFL Securities	SMC Global
Trading Account Opening Charges	₹250 (Currently waived off)	Nil
Trading Account AMC Charges	₹0	Nil
Demat Account Opening Charges	₹0	₹499
Demat Account AMC Charges	₹250 (Free for first year)	₹300

IIFL Securities Vs SMC Global Brokerage

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
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	₹25 per lot	₹70 per lot
Currency Futures Trading Brokerage	0.025% or ₹20 per lot	0.03%
Currency Options Trading Brokerage	₹8 per lot	₹20 per lot
Commodity Futures Trading Brokerage	0.025%	0.03%
Commodity Options Trading Brokerage	Gold ₹125 | Silver ₹80 | Crude Oil ₹80	0.03%
Special Offer	Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

IIFL Securities Vs SMC Global Brokerage Plan 2

	IIFL Securities	SMC Global
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	₹50 per lot	₹70 per lot
Currency Futures Trading Brokerage	0.05% or ₹20 per lot	0.03%
Currency Options Trading Brokerage	₹10 per lot	₹20 per lot
Commodity Futures Trading Brokerage	0.05%	0.03%
Commodity Options Trading Brokerage	Gold ₹150 | Silver ₹100 | Crude Oil ₹100	0.03%
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IIFL Securities Vs SMC Global Brokerage Plan 3

	IIFL Securities	SMC Global
Account Type	Super Trader Plan (Pro Traders)
Fixed Charges	₹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 ₹10 per lot	₹70 per lot
Currency Futures Trading Brokerage	0.015% or ₹15 per lot	0.03%
Currency Options Trading Brokerage	flat ₹5 per lot	₹20 per lot
Commodity Futures Trading Brokerage	0.015%	0.03%
Commodity Options Trading Brokerage	Gold ₹80 | Silver ₹50 | Crude Oil ₹50	0.03%
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IIFL Securities Charges Vs SMC Global

Minimum Brokerage Charges	₹0.05 per share (₹25 Min)	Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges	Advisory SMS - ₹50 per month
Call & Trade Charges	₹50 per call

IIFL Securities Vs SMC Global Transaction Charges

IIFL Securities transaction charges for options is ₹5100 per Cr (0.051%) (on premium) while SMC Global exchange transaction charges for options is 0.065% (on premium).

	IIFL Securities	SMC Global
Equity Delivery	₹325 per Cr (0.00325%)	0.0035%
Equity Intraday	₹325 per Cr (0.00325%)	0.0035%
Equity Futures	₹210 per Cr (0.0021%)	0.0029%
Equity Options	₹5100 per Cr (0.051%) (on premium)	0.065% (on premium)
Currency Futures	₹210 per Cr (0.0021%)	0.0029%
Currency Options	₹5100 per Cr (0.051%) (on premium)	0.065% (on premium)
Commodity	Group A - ₹280 per Cr (0.0028%)	0.0030%
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IIFL Securities Vs SMC Global Leverage (Margin)

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
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
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Compare IIFL Securities and SMC Global Features

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
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	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
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IIFL Securities Vs SMC Global Review

IIFL Securities is rated 2.7 of 5 based on 112 customer reviews whereas SMC Global is rated 3.7 of 5 based on 15 customer reviews.

	IIFL Securities	SMC Global
	112 Customer Reviews	15 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.7 of 5 based on 112 customer reviews	SMC Global is rated 3.7 of 5 based on 15 customer reviews

IIFL Securities Vs SMC Global Investment Options

	IIFL Securities	SMC Global
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance	Insurance

IIFL Securities Vs SMC Global Order Type Offered

	IIFL Securities	SMC Global
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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IIFL Securities Vs SMC Global Research Report

	IIFL Securities	SMC Global
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IIFL Securities Vs SMC Global Suitable For Investor Type

	IIFL Securities	SMC Global
Casual Investor
Active Investor
Trader

IIFL Securities Vs SMC Global - Pros and Cons

	IIFL Securities	SMC Global
Pros	4000+ branches in 900+ cities make them your neighborhood broker. Being a full service broker, they offer wide range of financial products and services. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund. India Infoline Ltd is a publicly traded company listed at BSE and NSE.	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.
Cons	SMS alerts at additional ₹249 per month Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL. India Infoline doesn't provide 3-in-1 account.	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.
Reviews
Promo / Offers	Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
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