SMC Global Vs Anand Rathi (Compare SMC Global and Anand Rathi)

SMC Global Vs Anand Rathi

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 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX & NSEL. It has 1200 branches across India.

	SMC Global	Anand Rathi
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	NSE, BSE, MCX, NCDEX	NSE, BSE, MCX, NCDEX & NSEL
Year of Incorporation	1994	1994
Number of Branches	2450	1200
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SMC Global Vs Anand Rathi Charges & AMC

SMC Global trading account opening charges is Nil while Anand Rathi account opening changes is Rs 750. SMC Global Demat Account AMC Charges is Rs 300 and Anand Rathi Demat Account AMC Charges is Rs 299 from second year onward.

	SMC Global	Anand Rathi
Trading Account Opening Charges	Nil	Rs 750
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Rs 499	Rs 550
Demat Account AMC Charges	Rs 300	Rs 299 from second year onward

SMC Global Vs Anand Rathi Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015%.

	SMC Global	Anand Rathi
Account Type		Standard Plan
Fixed Charges		NA
Equity Delivery	0.3%	0.5% - 0.15%
Equity Intraday	0.03%	0.05% -0.015%
Equity Futures	0.03%	0.05% - 0.015%
Equity Options	Rs 70 per lot	Rs 75 to Rs 20
Currency Futures	0.03%	0.05% - 0.015%
Currency Options	Rs 20 per lot	Rs 75 to Rs 20
Commodity Futures	0.03%	0.008% - 0.05%
Commodity Options	0.03%
Special Offer

SMC Global Charges Vs Anand Rathi

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

SMC Global Vs Anand Rathi Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while Anand Rathi exchange transaction charges for options is Rs 7000 per Cr (0.07%).

	SMC Global	Anand Rathi
Equity Delivery	0.0035%	NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)
Equity Intraday	0.0035%	NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)
Equity Futures	0.0029%	NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side)
Equity Options	0.065% (on premium)	Rs 7000 per Cr (0.07%)
Currency Futures	0.0029%	Rs 350 per Cr (0.0035%)
Currency Options	0.065% (on premium)	Rs 7000 per Cr (0.07%)
Commodity	0.0030%	Rs 350 per Cr (0.0035%)
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SMC Global Vs Anand Rathi 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 Anand Rathi 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	Anand Rathi
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 Anand Rathi Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. Anand Rathi offers Trade X trading software.

	SMC Global	Anand Rathi
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	Trade X
Intraday Square-off Time
Other Features
Referral Program
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SMC Global Vs Anand Rathi Review

SMC Global is rated 3.7 of 5 based on 16 customer reviews whereas Anand Rathi is rated 3.1 of 5 based on 14 customer reviews.

	SMC Global	Anand Rathi
	16 Customer Reviews	14 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SMC Global is rated 3.7 of 5 based on 16 customer reviews	Anand Rathi is rated 3.1 of 5 based on 14 customer reviews

SMC Global Vs Anand Rathi Investment Options

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

SMC Global Vs Anand Rathi Order Type Offered

	SMC Global	Anand Rathi
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 Anand Rathi Research Report

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

SMC Global Vs Anand Rathi Suitable For Investor Type

	SMC Global	Anand Rathi
Casual Investor
Active Investor
Trader

SMC Global Vs Anand Rathi - Pros and Cons

	SMC Global	Anand Rathi
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.	They have 200 branches for extensive reach. call & trade is also available. 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.
Cons	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.	AnandRathi brokerage is high and not negotiable. They don't offer 3 in 1 account. There are some extra charges for their featured products.
Reviews
Promo / Offers
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