Religare Vs SMC Global (Compare Religare and SMC Global)
The side-by-side comparison of Religare and SMC Global. Compare Religare Vs SMC Global brokerage, charges, exposure margin, demat account. Read SMC Global and Religare review.
Find out Religare Vs SMC Global which is better and Religare Vs SMC Global which is best.
Our Religare comparison with SMC Global Limited highlights the major differences between two brokers. Find the best between Religare and SMC Global.
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 s...
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 office...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
NSE, BSE, MCX, NCDEX
Account Type
My Saver Online Plan
Broker Enquiry
Year of Incorporation
1994
Number of Branches
1500
Religare Vs SMC Global Charges
Religare
SMC Global Limited
Trading Account Opening Fees
₹500
Nil
Trading Account AMC
Nil
Nil
Demat Account Opening Fees
Nil
Rs 499
Demat Account AMC
₹400 from second year onward
Rs 300
Demat Account is Mandatory?
No
No
Religare Vs SMC Global Brokerage
Brokerage Plan 1
Religare
SMC Global Limited
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
Rs.70 per lot
Currency Futures Trading Brokerage
0.05%
0.03%
Currency Options Trading Brokerage
₹30 per lot
Rs.20 per lot
Commodity Futures Trading Brokerage
0.05%
0.03%
Commodity Options Trading Brokerage
₹30 per lot
0.03%
Other Charges
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 Rs 50 per day)
Religare Vs SMC Global Taxes
Religare
SMC Global Limited
Securities Transaction Tax (STT)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Zerodha
Zero Account Opening Fee