SMC Global Vs AxisDirect (Compare SMC Global and AxisDirect)
The side-by-side comparison of SMC Global and AxisDirect. Compare SMC Global Vs AxisDirect brokerage, charges, exposure margin, demat account. Read AxisDirect and SMC Global review.
Find out SMC Global Vs AxisDirect which is better and SMC Global Vs AxisDirect which is best.
Our SMC Global Limited comparison with Axis Securities highlights the major differences between two brokers. Find the best between SMC Global and AxisDirect.
SMC Global Vs AxisDirect
SMC Global
AxisDirect
Find more info about broker
About the Broker
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...
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDir...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
NSE, BSE, MCX, NCDEX
BSE, NSE, MCX
Account Type
Trade@20 (SA75000)
Broker Enquiry
Year of Incorporation
1994
2006
Number of Branches
2450
56
Enquire SMC Global
Enquire AxisDirect
SMC Global Vs AxisDirect Charges
SMC Global
AxisDirect
Trading Account Opening Fees
Nil
₹900
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
₹499
₹0
Demat Account AMC
₹300
₹650
Demat Account is Mandatory?
No
No
SMC Global Vs AxisDirect Brokerage
Brokerage Plan 1
SMC Global
AxisDirect
Account Type
Trade@20 (SA75000)
Fixed Charges
Equity Delivery Brokerage
0.3%
₹20 per executed order
Equity Intraday Brokerage
0.03%
₹20 per executed order
Equity Futures Brokerage
0.03%
₹20 per executed order
Equity Options Brokerage
₹70 per lot
₹20 per executed order
Currency Futures Trading Brokerage
0.03%
NA
Currency Options Trading Brokerage
₹20 per lot
NA
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
0.03%
NA
Special Offer
Brokerage Plan 2
SMC Global
AxisDirect
Account Type
Fixed Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.3%
0.50% (Each Leg)
Equity Intraday Brokerage
0.03%
0.05% (Each Leg)
Equity Futures Brokerage
0.03%
0.05% (Each Leg)
Equity Options Brokerage
₹70 per lot
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage
0.03%
0.05% (Each Leg)
Currency Options Trading Brokerage
₹20 per lot
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage
0.03%
0.03% (Each Leg)
Commodity Options Trading Brokerage
0.03%
₹50 per lot
Other Charges
Minimum Brokerage Charges
Rs 25 per trade or 2.5% of the trade value whichever is lower
₹20 per trade
Other Brokerage Charges
Call & Trade Charges
₹20 per call
SMC Global Vs AxisDirect Taxes
SMC Global
AxisDirect
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.
SMC Global Vs AxisDirect Transaction Charges
SMC Global
AxisDirect
Equity Delivery
0.0035%
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday
0.0035%
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures
0.0029%
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options
0.065% (on premium)
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures
0.0029%
₹190 per Cr (0.0019%)
Currency Options
0.065% (on premium)
₹5000 per Cr (0.05%) (on premium)
Commodity
0.0030%
SMC Global Vs AxisDirect Exposure Margin
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)
SMC Global and AxisDirect Feature Comparison
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
SMC Global Vs AxisDirect Review
SMC Global
AxisDirect
14 Customer Reviews
53 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
SMC Global is Rated 3.9 / 5 based on 14 customer reviews AxisDirect is Rated 2.2 / 5 based on 53 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 Customer Service
SMC Global
AxisDirect
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
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.
More Advantages...
Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
Offers 3-in-1 investment account
Free research reports
Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
More Advantages...
Cons
Mobile trading on NSE is not available.
They don't offer 3 in 1 account.
There charge extra for their featured products.
More Disadvantages...
Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
Charges ₹250 per month fee if you are not an axis bank customer.
Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
Higher commodity and currency trading brokerage.
Call & Trade is charged ₹20 extra per trade
More Disadvantages...
Reviews
Promo / Offers
Zerodha
Zero Account Opening Fee