SMC Global Vs Edelweiss (Compare SMC Global and Edelweiss)

SMC Global Vs Edelweiss

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 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

	SMC Global	Edelweiss
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	NSE, BSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Account Type		Edelweiss Lite
Year of Incorporation	1994	2002
Number of Branches	2450	237
Broker Enquiry
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SMC Global Vs Edelweiss Charges & AMC

SMC Global trading account opening charges is Nil while Edelweiss account opening changes is ₹0 (Free). SMC Global Demat Account AMC Charges is ₹300 and Edelweiss Demat Account AMC Charges is ₹500 (1st Year Free).

	SMC Global	Edelweiss
Trading Account Opening Charges	Nil	₹0 (Free)
Trading Account AMC Charges	Nil	₹0
Demat Account Opening Charges	₹499	₹0 (Free)
Demat Account AMC Charges	₹300	₹500 (1st Year Free)

SMC Global Vs Edelweiss Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas Edelweiss brokerage charges for equity is ₹10 per executed order and intraday is ₹10 per executed order.

	SMC Global	Edelweiss
Account Type		Edelweiss Lite
Fixed Charges
Equity Delivery Brokerage	0.3%	₹10 per executed order
Equity Intraday Brokerage	0.03%	₹10 per executed order
Equity Futures Brokerage	0.03%	₹10 per executed order
Equity Options Brokerage	₹70 per lot	₹10 per executed order
Currency Futures Trading Brokerage	0.03%	₹10 per executed order
Currency Options Trading Brokerage	₹20 per lot	₹10 per executed order
Commodity Futures Trading Brokerage	0.03%
Commodity Options Trading Brokerage	0.03%
Special Offer		Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

SMC Global Vs Edelweiss Brokerage Plan 2

	SMC Global	Edelweiss
Account Type		Edelweiss Elite
Fixed Charges
Equity Delivery Brokerage	0.3%	0.30%
Equity Intraday Brokerage	0.03%	0.03%
Equity Futures Brokerage	0.03%	0.03%
Equity Options Brokerage	₹70 per lot	₹75 per lot
Currency Futures Trading Brokerage	0.03%	0.02%
Currency Options Trading Brokerage	₹20 per lot	₹22 per lot
Commodity Futures Trading Brokerage	0.03%
Commodity Options Trading Brokerage	0.03%
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SMC Global Charges Vs Edelweiss

Minimum Brokerage Charges	Rs 25 per trade or 2.5% of the trade value whichever is lower	0.03% Equity delivery, 0.01% Intra-day and Futures
Other Brokerage Charges		Margin Funding: 0.08%/day, Research: ₹50 per month,
Call & Trade Charges		₹20 per call

SMC Global Vs Edelweiss Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while Edelweiss exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium).

	SMC Global	Edelweiss
Equity Delivery	0.0035%	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday	0.0035%	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Futures	0.0029%	NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options	0.065% (on premium)	NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures	0.0029%	NSE ₹115 per Cr (0.00115%) | BSE ₹115 per Cr (0.00115%)
Currency Options	0.065% (on premium)	₹4000 per Cr (0.04%) (on premium)
Commodity	0.0030%
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SMC Global Vs Edelweiss Leverage (Margin)

SMC Global provides the margin of Upto 10x Intraday for intraday trades whereas the Edelweiss margin for intraday cash is Up to 40x.

	SMC Global	Edelweiss
Equity Delivery	Upto 3x	Up to 10x
Equity Intraday	Upto 10x Intraday	Up to 40x
Equity Futures	Upto 2x	40x
Equity Options	NA	Nil
Currency Futures	NA	1.5x
Currency Options	NA	Nil
Commodity Futures	Upto 2x	Up to 6x
Commodity Options
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Compare SMC Global and Edelweiss Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

	SMC Global	Edelweiss
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	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time		3:00 PM
Other Features
Referral Program
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SMC Global Vs Edelweiss Review

SMC Global is rated 3.7 of 5 based on 15 customer reviews whereas Edelweiss is rated 3.1 of 5 based on 49 customer reviews.

	SMC Global	Edelweiss
	15 Customer Reviews	49 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 15 customer reviews	Edelweiss is rated 3.1 of 5 based on 49 customer reviews

SMC Global Vs Edelweiss Investment Options

	SMC Global	Edelweiss
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

SMC Global Vs Edelweiss Order Type Offered

	SMC Global	Edelweiss
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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SMC Global Vs Edelweiss Research Report

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

SMC Global Vs Edelweiss Suitable For Investor Type

	SMC Global	Edelweiss
Casual Investor
Active Investor
Trader

SMC Global Vs Edelweiss - Pros and Cons

	SMC Global	Edelweiss
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.	Full-service broker offering discount brokerage plan. Trade at flat ₹10 per executed order across all segments in Edelweiss Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.
Cons	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of ₹20 per call.
Reviews
Promo / Offers		Edelweiss Lite (Discount Brokerage Plan) + Free Trading & Demat Account (for limited time only) Edelweiss offers FREE Trading + Demat Account. Get a discount trading plan offering trading @ ₹10 per order flat rate. Save over 60% on brokerage in comparison of other full-service brokers. This is a limited time offer. Simply leave your contact information with us and Edelweiss representatives will contact you.
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