The side-by-side comparison of Religare and SMC Global. Compare Religare Vs SMC Global brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Religare vs 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...
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 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 |
Supported Exchnages | BSE, NSE, MCX | NSE, BSE, MCX, NCDEX |
Account Type | My Saver Online Plan | |
Year of Incorporation | 1994 | 1994 |
Number of Branches | 1500 | 2450 |
Broker Enquiry |
![]() |
![]() |
Enquire Religare | Enquire SMC Global |
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 |
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 Brokerage | 0.50% to 0.10% | 0.3% |
Equity Intraday Brokerage | 0.050% to 0.010% | 0.03% |
Equity Futures Brokerage | 0.05% | 0.03% |
Equity Options Brokerage | Rs 70 per lot | Rs 70 per lot |
Currency Futures Trading Brokerage | 0.05% | 0.03% |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 20 per lot |
Commodity Futures Trading Brokerage | 0.05% | 0.03% |
Commodity Options Trading Brokerage | Rs 30 per lot | 0.03% |
Special Offer | Special Offer: Get Free Trading + Demat Account for limited time. Get the offer |
Minimum Brokerage Charges | 1p per share | Rs 25 per trade or 2.5% of the trade value whichever is lower |
Other Brokerage Charges | ||
Call & Trade Charges | Rs 10 per executed order (max Rs 50 per day) |
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 Religare | Enquire SMC Global |
Religare provides the margin of Upto 10x for intraday trades whereas the SMC Global margin for intraday cash is Upto 10x Intraday.
Religare | SMC Global | |
---|---|---|
Equity Delivery | Upto 4x with 24% interest per year | Upto 3x |
Equity Intraday | Upto 10x | Upto 10x Intraday |
Equity Futures | Upto 3x | Upto 2x |
Equity Options | Upto 3x for shorting | NA |
Currency Futures | Upto 2x | NA |
Currency Options | 2x for shorting | NA |
Commodity Futures | Upto 3x | Upto 2x |
Commodity Options | ||
Enquire Religare | Enquire SMC Global |
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 | ![]() |
![]() |
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 | Odin Diet, Web, Dynami | SMC Privilege, Easy Trader, Mobitrader, Tab Trader |
Intraday Square-off Time | ||
Other Features | Mutual Fund, EMI Calculator | |
Referral Program | ||
Enquire Religare | Enquire SMC Global |
Religare is rated 2.9 of 5 based on 76 customer reviews whereas SMC Global is rated 3.7 of 5 based on 16 customer reviews.
Religare | SMC Global | |
---|---|---|
Bracket Order | ![]() |
![]() |
Cover Order | ![]() |
![]() |
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ![]() |
![]() |
Good Till Cancelled (GTC) | ![]() |
![]() |
Enquire Religare | Enquire SMC Global |
Religare | SMC Global | |
---|---|---|
Pros |
|
|
Cons |
|
|
Reviews | ||
Promo / Offers |
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 Religare | Enquire SMC Global |
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc