Religare Vs SMC Global (Compare Religare and SMC Global)


Religare
Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant services. Incorporated in 1986, Religare Securities Ltd (RSL) is a subsidiary of Religare Enterprises Limited, New Delhi based diversified financial group. Religare Securities offers retail broking, depository services and other related investme... Know more about Religare


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... Know more about SMC Global Limited

Expand

Religare Vs SMC Global

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 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.

  Religare SMC Global
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX NSE, BSE, MCX, NCDEX
Year of Incorporation 1994 1994
Number of Branches 1500 2450
Open an Online Trading Account with Religare.Open an Online Trading Account with SMC Global.
Enquire ReligareEnquire SMC Global
Expand

Religare Vs SMC Global Charges & AMC

Religare trading account opening charges is Rs 500 while SMC Global account opening changes is Nil. Religare Demat Account AMC Charges is Rs 400 from second year onward and SMC Global Demat Account AMC Charges is Rs 300.

  Religare SMC Global
Trading Account Opening Charges Rs 500 Nil
Trading Account AMC Charges Nil Nil
Demat Account Opening Charges Nil Rs 499
Demat Account AMC Charges Rs 400 from second year onward Rs 300
Expand

Religare Vs SMC Global Brokerage Charges & Plans

Religare Vs SMC Global Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas SMC Global brokerage charges for equity is 0.3% and intraday is 0.03%.

  Religare SMC Global
Account Type My Saver Online Plan
Fixed Charges
Equity Delivery 0.50% to 0.10% 0.3%
Equity Intraday 0.050% to 0.010% 0.03%
Equity Futures 0.05% 0.03%
Equity Options Rs 70 per lot Rs 70 per lot
Currency Futures 0.05% 0.03%
Currency Options Rs 30 per lot Rs 20 per lot
Commodity Futures 0.05% 0.03%
Commodity Options Rs 30 per lot 0.03%
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. Get the offer

Religare Charges Vs SMC Global

Minimum Brokerage 1p per share Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Charges
Call & Trade Charges Rs 10 per executed order (max Rs 50 per day)
Expand

Religare Vs SMC Global Transaction Charges

Religare transaction charges for options is 0.06% on Premium while SMC Global exchange transaction charges for options is 0.065% (on premium).

  Religare SMC Global
Equity Delivery 0.0037% 0.0035%
Equity Intraday 0.0037% 0.0035%
Equity Futures 0.004% 0.0029%
Equity Options 0.06% on Premium 0.065% (on premium)
Currency Futures 0.004% 0.0029%
Currency Options 0.06% on Premium 0.065% (on premium)
Commodity 0.0035% 0.0030%
Enquire ReligareEnquire SMC Global
Expand

Religare Vs SMC Global Leverage (Margin)

Religare margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the SMC Global margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Religare SMC Global
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Enquire ReligareEnquire SMC Global
Expand

Compare Religare and SMC Global Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. SMC Global offers SMC Privilege, Easy Trader, Mobitrader, Tab Trader trading software.

  Religare SMC Global
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes
Online Portfolio Yes Yes
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Odin Diet, Web, Dynami SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Intraday Square-off Time
Other Features Mutual Fund, EMI Calculator
Referral Program
Enquire ReligareEnquire SMC Global
Expand

Religare Vs SMC Global Review

Religare is rated 2.9 of 5 based on 77 customer reviews whereas SMC Global is rated 4.1 of 5 based on 29 customer reviews.

  Religare SMC Global
  77 Customer Reviews    Rate Religare 29 Customer Reviews    Rate SMC Global
Fees 3.2 3.9
Brokerage 3.1 3.8
Trading Platform 3.0 4.0
Customer Service 2.9 4.1
Research Capabilities 3.2 4.3
Overall Ratings Rated 2.9 stars Rated 4.1 stars
Broker Rating Religare is rated 2.9 of 5 based on 77 customer reviews SMC Global is rated 4.1 of 5 based on 29 customer reviews
Expand

Contact Broker / Request A Call Back

  Religare Enquire SMC Global Enquire
Contact Broker Get Free Trading + Demat Account for limited time. Get the offer
Leave your contact information and we will get in touch with you....
Expand

Religare Vs SMC Global Investment Options

  Religare SMC Global
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance
Expand

Religare Vs SMC Global Order Type Offered

  Religare SMC Global
Bracket Order No No
Cover Order No No
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
Enquire ReligareEnquire SMC Global
Expand

Religare Vs SMC Global Research Report

  Religare SMC Global
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

Religare Vs SMC Global Suitable For Investor Type

  Religare SMC Global
Casual Investor
Active Investor
Trader
Expand

Religare Vs SMC Global - Pros and Cons

  Religare SMC Global
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.
  1. They have 50+ branches for extensive reach.
  2. Call and trade facility is also available.
  3. Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders.
  4. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
  5. Trading is available in both BSE and NSE.
  6. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
Cons
  • EXE Based trading terminal are available for Rs 999 per annum.
  • Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).
  1. Mobile trading on NSE is not available.
  2. They don't offer 3 in 1 account.
  3. There charge extra for their featured products.
Reviews
Promo / Offers

Free Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

This is a limited time offer. Simply leave your contact information with us and Religare representatives will contact you.

Enquire ReligareEnquire SMC Global

Compare More Brokers...

Religare SMC Global
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App