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.
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
SMC Global Vs AxisDirect Charges
SMC Global
AxisDirect
Trading Account Opening Fees
Nil
₹900 (3 in 1 account)
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Rs 499
₹0
Demat Account AMC
Rs 300
₹650 (free for 1st year)
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
Rs.70 per lot
₹20 per executed order
Currency Futures Trading Brokerage
0.03%
NA
Currency Options Trading Brokerage
Rs.20 per lot
NA
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
0.03%
NA
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
Rs.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
Rs.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.
Zerodha
Zero Account Opening Fee