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.
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Sharekhan |
SMC Global Limited |
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| 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...  |
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
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Full Service Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE, MSEI, MCX |
NSE, BSE, MCX, NCDEX |
| Account Type
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Classic Account |
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| Broker Enquiry |
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Stock Broker Fees / Charges
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Sharekhan |
SMC Global Limited |
| Trading Account Opening Fees
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₹0 (Free) |
Rs 1000 |
| Trading Account AMC
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₹0 (Free) |
Nil |
| Demat Account Opening Fees
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₹0 (Free) |
Nil |
| Demat Account AMC
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₹400 (Free for 1st year) |
Rs 300 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Sharekhan |
SMC Global Limited |
| Account Type |
Classic Account |
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| Fixed Charges
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| Equity Delivery Brokerage
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0.50% |
0.3% |
| Equity Intraday Brokerage
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0.10% |
0.03% |
| Equity Futures Brokerage
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0.10% |
0.03% |
| Equity Options Brokerage
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₹100 per lot |
Rs.70 per lot |
| Currency Futures Trading Brokerage
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0.10% |
0.03% |
| Currency Options Trading Brokerage
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₹30 per lot |
Rs.20 per lot |
| Commodity Futures Trading Brokerage
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0.10% |
0.03% |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Sharekhan |
SMC Global Limited |
| Account Type |
Prepaid - ₹1 Lakh |
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| Fixed Charges
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₹1,00,000 per year |
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| Equity Delivery Brokerage
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0.10% |
0.3% |
| Equity Intraday Brokerage
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0.015% |
0.03% |
| Equity Futures Brokerage
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0.015% |
0.03% |
| Equity Options Brokerage
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0.05% or ₹63 per lot |
Rs.70 per lot |
| Currency Futures Trading Brokerage
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0.03% |
| Currency Options Trading Brokerage
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Rs.20 per lot |
| Commodity Futures Trading Brokerage
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0.03% |
| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Sharekhan |
SMC Global Limited |
| Account Type |
Margin - ₹1 Lakh |
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| Fixed Charges
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₹1,00,000 margin |
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| Equity Delivery Brokerage
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0.25% |
0.3% |
| Equity Intraday Brokerage
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0.05% |
0.03% |
| Equity Futures Brokerage
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0.05% |
0.03% |
| Equity Options Brokerage
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1% or ₹70 per lot |
Rs.70 per lot |
| Currency Futures Trading Brokerage
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0.03% |
| Currency Options Trading Brokerage
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Rs.20 per lot |
| Commodity Futures Trading Brokerage
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0.03% |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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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
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| Call & Trade Charges
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Taxes
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Sharekhan |
SMC Global Limited |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Sharekhan |
SMC Global Limited |
| Equity Delivery
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NSE ₹325 | BSE ₹275 |
0.0035% |
| Equity Intraday
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NSE ₹325 | BSE ₹275 |
0.0035% |
| Equity Futures
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NSE ₹190 | BSE ₹50 |
0.0029% |
| Equity Options
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NSE ₹5000 | BSE ₹50 |
0.065% (on premium) |
| Currency Futures
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NSE ₹135 | MCX ₹130 |
0.0029% |
| Currency Options
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NSE ₹4220 | MCX ₹3220 |
0.065% (on premium) |
| Commodity
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MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 |
0.0030% |
Exposure
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Sharekhan |
SMC Global Limited |
| Equity Delivery
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6.67x for A group stock | 5x to 2.5x for B group stock |
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| Equity Intraday
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10x for A & B group stock |
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| Equity Futures
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66.67x for Indices futures | 40x to 22.5x for stock futures |
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| Equity Options
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0x |
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| Currency Futures
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| Currency Options
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| Commodity
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Share Broker Features
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Sharekhan |
SMC Global Limited |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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TradeTiger |
ODIN Diet |
| Intraday Square-off Time
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3:30 PM |
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| Other Features
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Broker Ratings (Average User Rating)
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Sharekhan |
SMC Global Limited |
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274 Customer Reviews  |
13 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Sharekhan is Rated 3.3 / 5 based on 274 customer reviews |
SMC Global is Rated 3.8 / 5 based on 13 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Sharekhan |
SMC Global Limited |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Loans, NRI Trading |
Insurance |
Customer Service Offered
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Sharekhan |
SMC Global Limited |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Sharekhan |
SMC Global Limited |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Sharekhan |
SMC Global Limited |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Sharekhan |
SMC Global Limited |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Sharekhan |
SMC Global Limited |
| Pros
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- 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... |
- 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.
More Advantages... |
| Cons
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- 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... |
- Mobile trading on NSE is not available.
- They don't offer 3 in 1 account.
- There charge extra for their featured products.
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More Disadvantages... |
| Reviews
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| Promo / Offers
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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.
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Enquire about Sharekhan
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Enquire about SMC Global
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| Compare More Brokers |
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Zerodha
Zero Account Opening Fee