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...
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...
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 | |
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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 |
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Enquire SMC Global | Enquire AxisDirect |
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 | |
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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 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 | |
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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 |
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 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 | |
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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 provides the margin of Upto 10x Intraday for intraday trades whereas the AxisDirect margin for intraday cash is Upto 10x.
SMC Global | AxisDirect | |
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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 |
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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | SMC Privilege, Easy Trader, Mobitrader, Tab Trader | DirectTrade, Axisdirect Web, Axisdirect Mobile |
Intraday Square-off Time | 3:15 | |
Other Features | ||
Referral Program | ![]() |
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Enquire SMC Global | Enquire AxisDirect |
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 | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire SMC Global | Enquire AxisDirect |
SMC Global | AxisDirect | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | ||
Enquire SMC Global | Enquire AxisDirect |
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