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

SBICAP Securities Ltd Logo

About SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders. SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians a... Know more about SBICAP Securities Ltd

SMC Global Limited Logo

About 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

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SBI Securities Vs SMC Global

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 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.

  SBI Securities SMC Global
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE NSE, BSE, MCX, NCDEX
Year of Incorporation 2001 1994
Number of Branches 117 2450
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SBI Securities Vs SMC Global Charges & AMC

SBI Securities trading account opening charges is Rs 850 while SMC Global account opening changes is Nil. SBI Securities Demat Account AMC Charges is Rs 350 and SMC Global Demat Account AMC Charges is Rs 300.

  SBI Securities SMC Global
Trading Account Opening Charges Rs 850 Nil
Trading Account AMC Charges Rs 0 Nil
Demat Account Opening Charges Rs 0 Rs 499
Demat Account AMC Charges Rs 350 Rs 300

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SBI Securities Vs SMC Global Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas SMC Global brokerage charges for equity is 0.3% and intraday is 0.03%.

Account Type SBI Securities eZ-trade SMC Global
Fixed Charges
Equity Delivery 0.50% 0.3%
Equity Intraday 0.05% 0.03%
Equity Futures 0.05% 0.03%
Equity Options Rs 100 per lot Rs 70 per lot
Currency Futures 0.03% 0.03%
Currency Options Rs 30 per lot Rs 20 per lot
Commodity Futures NA 0.03%
Commodity Options NA 0.03%
Special Offer

SBI Securities Charges Vs SMC Global

Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Charges
Call & Trade Charges Rs 10 per call (after 30 free calls a month)

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SBI Securities Vs SMC Global Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while SMC Global exchange transaction charges for options is 0.065% (on premium).

  SBI Securities SMC Global
Equity Delivery NSE: 0.00386% | BSE: 0.00384% 0.0035%
Equity Intraday NSE: 0.00386% | BSE: 0.00384% 0.0035%
Equity Futures NSE: 0.002206% (Rs 221/Crore) 0.0029%
Equity Options NSE: 0.05515% (Rs 5515/Crore) 0.065% (on premium)
Currency Futures 0.002206% 0.0029%
Currency Options NSE: 0.05515% (Rs 5515/Crore) 0.065% (on premium)
Commodity 0.0030%
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SBI Securities Vs SMC Global Leverage (Margin)

SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SMC Global margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  SBI Securities SMC Global
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare SBI Securities and SMC Global Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. SMC Global offers SMC Privilege, Easy Trader, Mobitrader, Tab Trader trading software.

  SBI Securities SMC Global
3 in 1 Account Yes No
Charting No Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes
Online Portfolio Yes Yes
Margin Trading Funding No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform SBI Smart Express, SBI Smart Web, SBI Smart Mobile SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Intraday Square-off Time 2:45 PM
Other Features
Referral Program
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SBI Securities Vs SMC Global Review

SBI Securities is rated 2.6 of 5 based on 147 customer reviews whereas SMC Global is rated 4.0 of 5 based on 30 customer reviews.

  SBI Securities SMC Global
  147 Customer Reviews    Rate SBI Securities 30 Customer Reviews    Rate SMC Global
Fees 3.2 3.8
Brokerage 2.7 3.7
Trading Platform 2.6 3.9
Customer Service 2.8 4.0
Research Capabilities 2.6 4.1
Overall Ratings Rated 2.6 stars Rated 4.0 stars
Broker Rating SBI Securities is rated 2.6 of 5 based on 147 customer reviews SMC Global is rated 4.0 of 5 based on 30 customer reviews

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SBI Securities Vs SMC Global Investment Options

  SBI Securities SMC Global
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance

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SBI Securities Vs SMC Global Order Type Offered

  SBI Securities SMC Global
Bracket Order No No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No No
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SBI Securities Vs SMC Global Research Report

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

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SBI Securities Vs SMC Global Suitable For Investor Type

  SBI Securities SMC Global
Casual Investor Yes
Active Investor
Trader

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SBI Securities Vs SMC Global - Pros and Cons

  SBI Securities SMC Global
Pros
  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.
  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
  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.
  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
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