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, leverage, margin, demat account and intraday trading. Find which is best SMC Global vs AxisDirect?


SMC Global
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 offices in Dubai. They have huge network of 50+ branches and 2,400 registered sub-brokers and authorized persons with a PAN-India presence. SMC's Online Trading portal is one stop financial investment portal of SMC Global Ltd. They offers online trading... Know more about SMC Global Limited


AxisDirect
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 AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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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
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SMC Global Vs AxisDirect Charges & AMC

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

  SMC Global AxisDirect
Trading Account Opening Charges Nil ₹900
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges ₹499 ₹0
Demat Account AMC Charges ₹300 ₹650
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SMC Global Vs AxisDirect Brokerage Charges & Plans

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
Equity Delivery Brokerage 0.3% 0.50%
Equity Intraday Brokerage 0.03% 0.05%
Equity Futures Brokerage 0.03% 0.05%
Equity Options Brokerage ₹70 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage 0.03% 0.05%
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%
Commodity Options Trading Brokerage 0.03% ₹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 ₹20 per trade
Other Brokerage Charges
Call & Trade Charges ₹20 per call
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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 ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium).

  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%
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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)
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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 No Yes
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform SMC Privilege, Easy Trader, Mobitrader, Tab Trader DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:15
Other Features
Referral Program Yes
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SMC Global Vs AxisDirect Review

SMC Global is rated 3.7 of 5 based on 15 customer reviews whereas AxisDirect is rated 2.2 of 5 based on 57 customer reviews.

  SMC Global AxisDirect
  15 Customer Reviews    Rate SMC Global 57 Customer Reviews    Rate AxisDirect
Fees 3.9 2.1
Trading Brokerage 3.2 1.8
Trading Platform Usability 3.9 2.7
Customer Service 3.7 2.3
Research Capabilities 4.0 3.7
Overall Ratings Rated 3.7 stars Rated 2.2 stars
Broker Rating SMC Global is rated 3.7 of 5 based on 15 customer reviews AxisDirect is rated 2.2 of 5 based on 57 customer reviews
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SMC Global Vs AxisDirect Investment Options

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

  SMC Global AxisDirect
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) No Yes
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SMC Global Vs AxisDirect Research Report

  SMC Global AxisDirect
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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SMC Global Vs AxisDirect Suitable For Investor Type

  SMC Global AxisDirect
Casual Investor Yes
Active Investor
Trader
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SMC Global Vs AxisDirect - Pros and Cons

  SMC Global AxisDirect
Pros
  1. They have 50+ branches for extensive reach.
  2. Call and trade facility is also available.
  3. Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders.
  4. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
  5. Trading is available in both BSE and NSE.
  6. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  1. Mobile trading on NSE is not available.
  2. They don't offer 3 in 1 account.
  3. There charge extra for their featured products.
  • 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
Reviews
Promo / Offers
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