Sharekhan Vs SMC Global (Compare Sharekhan and SMC Global)
The side-by-side comparison of Sharekhan and SMC Global. Compare Sharekhan Vs SMC Global brokerage, charges, exposure margin, demat account. Read SMC Global and Sharekhan review.
Find out Sharekhan Vs SMC Global which is better and Sharekhan Vs SMC Global which is best.
Our Sharekhan comparison with SMC Global Limited highlights the major differences between two brokers. Find the best between Sharekhan and SMC Global.
Sharekhan Vs SMC Global
Sharekhan
SMC Global
Find more info about broker
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
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
NSE, BSE, MCX, NCDEX
Account Type
Classic Account
Broker Enquiry
Year of Incorporation
2000
1994
Number of Branches
2800
2450
Enquire Sharekhan
Enquire SMC Global
Sharekhan Vs SMC Global Charges
Sharekhan
SMC Global
Trading Account Opening Fees
₹0 (Free)
Nil
Trading Account AMC
₹0 (Free)
Nil
Demat Account Opening Fees
₹0 (Free)
₹499
Demat Account AMC
₹400 (Free for 1st year)
₹300
Demat Account is Mandatory?
No
No
Sharekhan Vs SMC Global Brokerage
Brokerage Plan 2
Sharekhan
SMC Global
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
₹70 per lot
Currency Futures Trading Brokerage
0.03%
Currency Options Trading Brokerage
₹20 per lot
Commodity Futures Trading Brokerage
0.03%
Commodity Options Trading Brokerage
0.03%
Brokerage Plan 3
Sharekhan
SMC Global
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
₹70 per lot
Currency Futures Trading Brokerage
0.03%
Currency Options Trading Brokerage
₹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
Sharekhan Vs SMC Global Taxes
Sharekhan
SMC Global
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Sharekhan Vs SMC Global Transaction Charges
Sharekhan
SMC Global
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
0.0035%
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
0.0035%
Equity Futures
NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side)
0.0029%
Equity Options
NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium)
0.065% (on premium)
Currency Futures
NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%)
0.0029%
Currency Options
NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium)
0.065% (on premium)
Commodity
MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%)
0.0030%
Sharekhan Vs SMC Global Exposure Margin
Sharekhan
SMC Global
Equity Delivery
Upto 5x with 24% interest per year
Upto 3x
Equity Intraday
Upto 10x
Upto 10x Intraday
Equity Futures
2x for Intraday
Upto 2x
Equity Options
Nil
NA
Currency Futures
Nil
NA
Currency Options
Nil
NA
Commodity Futures
Upto 2x for Intraday
Upto 2x
Commodity Options
Sharekhan and SMC Global Feature Comparison
Sharekhan
SMC Global
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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
Referral Program
Sharekhan Vs SMC Global Review
Sharekhan
SMC Global
285 Customer Reviews
14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Sharekhan is Rated 3.3 / 5 based on 285 customer reviews SMC Global is Rated 3.9 / 5 based on 14 customer reviews
Sharekhan Vs SMC Global Investment Options
Sharekhan
SMC Global
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Loans, NRI Trading
Insurance
Sharekhan Vs SMC Global Customer Service
Sharekhan
SMC Global
24/7 Customer Service
Onine Live Chat
Through Branches
Sharekhan Vs SMC Global Order Type Offered
Sharekhan
SMC Global
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Sharekhan Vs SMC Global Research Report
Sharekhan
SMC Global
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Sharekhan Vs SMC Global Suitable For Investor Type
Sharekhan
SMC Global
Casual Investor
Active Investor
Trader
Sharekhan Vs SMC Global - Advantages and Disadvantages
Sharekhan
SMC Global
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...
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
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.
More Disadvantages...
Reviews
Promo / Offers
Free Trading & Demat Account (for limited time only) Get 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