SMC Global Vs Achiievers (Compare SMC Global and Achiievers)

SMC Global Vs Achiievers

Incorporated in 1994, SMC Global is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX. It has 2450 branches across India. Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India.

	SMC Global	Achiievers
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX, NCDEX	NSE, BSE and MCX
Year of Incorporation	1994	2012
Number of Branches	2450	1
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SMC Global Vs Achiievers Charges & AMC

SMC Global trading account opening charges is Nil while Achiievers account opening changes is Rs 150. SMC Global Demat Account AMC Charges is Rs 300 and Achiievers Demat Account AMC Charges is Rs 400.

	SMC Global	Achiievers
Trading Account Opening Charges	Nil	Rs 150
Trading Account AMC Charges	Nil	Nil
Demat Account Opening Charges	Rs 499	Nil
Demat Account AMC Charges	Rs 300	Rs 400

SMC Global Vs Achiievers Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15.

	SMC Global	Achiievers
Account Type		Flat Fee Plan
Fixed Charges		NA
Equity Delivery	0.3%	Rs 15
Equity Intraday	0.03%	Rs 15
Equity Futures	0.03%	Rs 15
Equity Options	Rs 70 per lot	Rs 15
Currency Futures	0.03%	Rs 15
Currency Options	Rs 20 per lot	Rs 15
Commodity Futures	0.03%	Rs 15
Commodity Options	0.03%
Special Offer

SMC Global Vs Achiievers Brokerage Plan 2

	SMC Global	Achiievers
Account Type		Mega Value Plan
Fixed Charges		Rs 750 (Per Segment)
Equity Delivery	0.3%	Rs 1 per executed order
Equity Intraday	0.03%	Rs 1 per executed order
Equity Futures	0.03%	Rs 1 per executed order
Equity Options	Rs 70 per lot	Rs 1 per executed order
Currency Futures	0.03%	Rs 1 per executed order
Currency Options	Rs 20 per lot	Rs 1 per executed order
Commodity Futures	0.03%	Rs 1 per executed order
Commodity Options	0.03%	Rs 1 per executed order
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SMC Global Vs Achiievers Brokerage Plan 3

	SMC Global	Achiievers
Account Type		Per Day Plan
Fixed Charges		Rs 50 per day (each segment)
Equity Delivery	0.3%	Rs 1 per executed order
Equity Intraday	0.03%	Rs 1 per executed order
Equity Futures	0.03%	Rs 1 per executed order
Equity Options	Rs 70 per lot	Rs 1 per executed order
Currency Futures	0.03%	Rs 1 per executed order
Currency Options	Rs 20 per lot	Rs 1 per executed order
Commodity Futures	0.03%	Rs 1 per executed order
Commodity Options	0.03%	Rs 1 per executed order
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SMC Global Charges Vs Achiievers

Minimum Brokerage	Rs 25 per trade or 2.5% of the trade value whichever is lower	Rs 15
Other Charges
Call & Trade Charges		Rs 20 per trade

SMC Global Vs Achiievers Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while Achiievers exchange transaction charges for options is Rs 7500 per Cr (0.075%).

	SMC Global	Achiievers
Equity Delivery	0.0035%	Rs 350 per Cr (0.0035%)
Equity Intraday	0.0035%	Rs 350 per Cr (0.0035%)
Equity Futures	0.0029%	Rs 390 per Cr (0.0039%)
Equity Options	0.065% (on premium)	Rs 7500 per Cr (0.075%)
Currency Futures	0.0029%	Rs 175 per Cr (0.00175%)
Currency Options	0.065% (on premium)	Rs 6500 per Cr (0.065%)
Commodity	0.0030%	MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%)
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SMC Global Vs Achiievers Leverage (Margin)

SMC Global margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Achiievers margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	SMC Global	Achiievers
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare SMC Global and Achiievers Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. Achiievers offers NOW Online, NOW Trader trading software.

	SMC Global	Achiievers
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	SMC Privilege, Easy Trader, Mobitrader, Tab Trader	NOW Online, NOW Trader
Intraday Square-off Time		3:15 PM
Other Features
Referral Program
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SMC Global Vs Achiievers Review

SMC Global is rated 4.1 of 5 based on 29 customer reviews whereas Achiievers is rated 4.6 of 5 based on 5 customer reviews.

	SMC Global	Achiievers
	29 Customer Reviews	5 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SMC Global is rated 4.1 of 5 based on 29 customer reviews	Achiievers is rated 4.6 of 5 based on 5 customer reviews

SMC Global Vs Achiievers Investment Options

	SMC Global	Achiievers
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

SMC Global Vs Achiievers Order Type Offered

	SMC Global	Achiievers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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SMC Global Vs Achiievers Research Report

	SMC Global	Achiievers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

SMC Global Vs Achiievers Suitable For Investor Type

	SMC Global	Achiievers
Casual Investor
Active Investor
Trader

SMC Global Vs Achiievers - Pros and Cons

	SMC Global	Achiievers
Pros	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.	MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX. Rs 50 per day plan and Rs 15 per trade plan is also available. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).
Cons	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.	Call and trade facility available with additional charges of Rs 20 per trade. They charge Rs 75 per month for Research recommendation on SMS.
Reviews
Promo / Offers
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