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Sharekhan Vs SMC Global Share Broker Comparison

The side-by-side comparison of Sharekhan and SMC Global Limited stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and SMC Global's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Sharekhan and SMC Global.

  Sharekhan SMC Global Limited
 
Sharekhan Logo SMC Global Limited Logo
About the Broker Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f... Know more about Sharekhan 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... Know more about SMC Global Limited
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX NSE, BSE, MCX, NCDEX
Account Type Classic Account
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with SMC Global. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Sharekhan SMC Global Limited
Trading Account Opening Fees ₹0 (Free) Nil
Trading Account AMC ₹0 (Free) Nil
Demat Account Opening Fees ₹0 (Free) Rs 499
Demat Account AMC ₹400 (Free for 1st year) Rs 300
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Sharekhan SMC Global Limited
Account Type Classic Account
Fixed Charges
Equity Delivery Brokerage 0.50% 0.3%
Equity Intraday Brokerage 0.10% 0.03%
Equity Futures Brokerage 0.10% 0.03%
Equity Options Brokerage ₹50 per lot Rs.70 per lot
Currency Futures Trading Brokerage 0.10% 0.03%
Currency Options Trading Brokerage ₹30 per lot Rs.20 per lot
Commodity Futures Trading Brokerage 0.03% 0.03%
Commodity Options Trading Brokerage 0.03% 0.03%

Brokerage Plan 2

  Sharekhan SMC Global Limited
Account Type Prepaid - ₹1 Lakh
Fixed Charges ₹1,00,000 per year
Equity Delivery Brokerage 0.10% 0.3%
Equity Intraday Brokerage 0.015% 0.03%
Equity Futures Brokerage 0.015% 0.03%
Equity Options Brokerage 0.05% or ₹63 per lot Rs.70 per lot
Currency Futures Trading Brokerage 0.03%
Currency Options Trading Brokerage Rs.20 per lot
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage 0.03%

Brokerage Plan 3

  Sharekhan SMC Global Limited
Account Type Margin - ₹1 Lakh
Fixed Charges ₹1,00,000 margin
Equity Delivery Brokerage 0.25% 0.3%
Equity Intraday Brokerage 0.05% 0.03%
Equity Futures Brokerage 0.05% 0.03%
Equity Options Brokerage 1% or ₹70 per lot Rs.70 per lot
Currency Futures Trading Brokerage 0.03%
Currency Options Trading Brokerage Rs.20 per lot
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage 0.03%

Other Charges

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges
Call & Trade Charges Rs 20
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Taxes

  Sharekhan 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.
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Transaction Charges

  Sharekhan SMC Global Limited
Equity Delivery NSE ₹325 | BSE ₹275 0.0035%
Equity Intraday NSE ₹325 | BSE ₹275 0.0035%
Equity Futures NSE ₹190 | BSE ₹50 0.0029%
Equity Options NSE ₹5000 | BSE ₹50 0.065% (on premium)
Currency Futures NSE ₹135 | MCX ₹130 0.0029%
Currency Options NSE ₹4220 | MCX ₹3220 0.065% (on premium)
Commodity MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 0.0030%
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Exposure

  Sharekhan SMC Global Limited
Equity Delivery Upto 5x with 24% interest per year Upto 3x
Equity Intraday Upto 10x Upto 10x Intraday
Equity Futures 2x Upto 2x
Equity Options Nil NA
Currency Futures Nil NA
Currency Options Nil NA
Commodity Upto 2x Upto 2x
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Share Broker Features

  Sharekhan SMC Global Limited
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 Available Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TradeTiger, Sharekhan Mobile SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Intraday Square-off Time 3:30 PM
Other Features Pattern finder, Class room training
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Broker Ratings (Average User Rating)

  Sharekhan SMC Global Limited
  277 Customer Reviews    Rate Sharekhan 13 Customer Reviews    Rate SMC Global
Fees Ratings 3.1 3.8
Trading Brokerage Rating 2.9 3.3
Trading Platform Usability 3.7 3.9
Customer Service Ratings 3.4 3.8
Overall Ratings Rated 3.4 stars Rated 3.8 stars
Broker Rating Sharekhan is Rated 3.4 / 5 based on 277 customer reviews SMC Global is Rated 3.8 / 5 based on 13 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan SMC Global Limited
Contact / Request Call Back
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Investment Options Available

  Sharekhan SMC Global Limited
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading Insurance
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Customer Service Offered

  Sharekhan SMC Global Limited
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
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Order Type

  Sharekhan SMC Global Limited
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
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Research / Tips / Reports Published

  Sharekhan SMC Global Limited
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

  Sharekhan SMC Global Limited
Casual Investor Yes
Active Investor Yes
Trader

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Pros, Cons and Other Review Comments

  Sharekhan SMC Global Limited
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.

More Advantages...

  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.

More Advantages...

Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.

More Disadvantages...

  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.

More Disadvantages...

Reviews
Promo / Offers

Free Trading & Demat Account (for limited time only)

Sharekhan offers FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

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

Enquire about Sharekhan Enquire about SMC Global
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