Religare Vs SMC Global (Compare Religare and SMC Global)

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
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 Vs SMC Global Charges & AMC

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

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

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 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	₹70 per lot	₹70 per lot
Currency Futures Trading Brokerage	0.05%	0.03%
Currency Options Trading Brokerage	₹30 per lot	₹20 per lot
Commodity Futures Trading Brokerage	0.05%	0.03%
Commodity Options Trading Brokerage	₹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 Charges	1p per share	Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges
Call & Trade Charges	₹10 per executed order (max ₹50 per day)

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 Religare	Enquire SMC Global

Religare Vs SMC Global Leverage (Margin)

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

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
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 Vs SMC Global Review

Religare is rated 2.9 of 5 based on 76 customer reviews whereas SMC Global is rated 3.7 of 5 based on 15 customer reviews.

	Religare	SMC Global
	76 Customer Reviews	15 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Religare is rated 2.9 of 5 based on 76 customer reviews	SMC Global is rated 3.7 of 5 based on 15 customer reviews

Religare Vs SMC Global Investment Options

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

Religare Vs SMC Global Order Type Offered

	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 Vs SMC Global Research Report

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

Religare Vs SMC Global Suitable For Investor Type

	Religare	SMC Global
Casual Investor
Active Investor
Trader

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.	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	EXE Based trading terminal are available for ₹999 per annum. Call and Trade is charged at ₹10 per executed order (maximum ₹50 per day in a segment).	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	Religare offer FREE Trading + Demat Account. In addition you get ₹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