SMC Global Vs AxisDirect (Compare SMC Global and AxisDirect)

SMC Global Vs AxisDirect

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 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

	SMC Global	AxisDirect
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	NSE, BSE, MCX, NCDEX	BSE, NSE, MCX
Account Type		Standard Brokerage Plan
Year of Incorporation	1994	2006
Number of Branches	2450	56
Broker Enquiry
	Enquire SMC Global	Enquire AxisDirect

SMC Global Vs AxisDirect Charges & AMC

SMC Global trading account opening charges is Nil while AxisDirect account opening changes is Rs 900. SMC Global Demat Account AMC Charges is Rs 300 and AxisDirect Demat Account AMC Charges is Rs 650.

	SMC Global	AxisDirect
Trading Account Opening Charges	Nil	Rs 900
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Rs 499	Rs 0
Demat Account AMC Charges	Rs 300	Rs 650

SMC Global Vs AxisDirect Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

	SMC Global	AxisDirect
Account Type		Standard Brokerage Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.3%	0.50%
Equity Intraday Brokerage	0.03%	0.05%
Equity Futures Brokerage	0.03%	0.05%
Equity Options Brokerage	Rs 70 per lot	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Trading Brokerage	0.03%	0.05%
Currency Options Trading Brokerage	Rs 20 per lot	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures Trading Brokerage	0.03%	0.03%
Commodity Options Trading Brokerage	0.03%	Rs 50 per lot
Special Offer

SMC Global Charges Vs AxisDirect

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

SMC Global Vs AxisDirect Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium).

	SMC Global	AxisDirect
Equity Delivery	0.0035%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	0.0035%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	0.0029%	NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Options	0.065% (on premium)	NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)
Currency Futures	0.0029%	Rs 190 per Cr (0.0019%)
Currency Options	0.065% (on premium)	Rs 5000 per Cr (0.05%) (on premium)
Commodity	0.0030%
	Enquire SMC Global	Enquire AxisDirect

SMC Global Vs AxisDirect Leverage (Margin)

SMC Global provides the margin of Upto 10x Intraday for intraday trades whereas the AxisDirect margin for intraday cash is Upto 10x.

	SMC Global	AxisDirect
Equity Delivery	Upto 3x	100% (1x)
Equity Intraday	Upto 10x Intraday	Upto 10x
Equity Futures	Upto 2x	100% (1x)
Equity Options	NA	100% (1x)
Currency Futures	NA	100% (1x)
Currency Options	NA	100% (1x)
Commodity Futures	Upto 2x	3x
Commodity Options		100% (1x)
	Enquire SMC Global	Enquire AxisDirect

Compare SMC Global and AxisDirect Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

	SMC Global	AxisDirect
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	SMC Privilege, Easy Trader, Mobitrader, Tab Trader	DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time		3:15
Other Features
Referral Program
	Enquire SMC Global	Enquire AxisDirect

SMC Global Vs AxisDirect Review

SMC Global is rated 3.7 of 5 based on 16 customer reviews whereas AxisDirect is rated 2.1 of 5 based on 67 customer reviews.

	SMC Global	AxisDirect
	16 Customer Reviews	67 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SMC Global is rated 3.7 of 5 based on 16 customer reviews	AxisDirect is rated 2.1 of 5 based on 67 customer reviews

SMC Global Vs AxisDirect Investment Options

	SMC Global	AxisDirect
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance	Loans, ETF, Corporate FD

SMC Global Vs AxisDirect Order Type Offered

	SMC Global	AxisDirect
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire SMC Global	Enquire AxisDirect

SMC Global Vs AxisDirect Research Report

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

SMC Global Vs AxisDirect Suitable For Investor Type

	SMC Global	AxisDirect
Casual Investor
Active Investor
Trader

SMC Global Vs AxisDirect - Pros and Cons

	SMC Global	AxisDirect
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.	Offers 3-in-1 investment account Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.	Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained. Charges Rs 250 per month fee if you are not an axis bank customer. Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers Higher commodity and currency trading brokerage. Call & Trade is charged Rs 20 extra per trade
Reviews
Promo / Offers
	Enquire SMC Global	Enquire AxisDirect