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.
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
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
NSE, BSE, MCX, NCDEX
Account Type
Classic Account
Broker Enquiry
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
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
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.
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.
Zerodha
Zero Account Opening Fee