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SMC Global Vs Edelweiss (Compare SMC Global and Edelweiss)

The side-by-side comparison of SMC Global and Edelweiss. Compare SMC Global Vs Edelweiss brokerage, charges, exposure margin, demat account. Read Edelweiss and SMC Global review.

Find out SMC Global Vs Edelweiss which is better and SMC Global Vs Edelweiss which is best.

Our SMC Global Limited comparison with Edelweiss Broking Ltd highlights the major differences between two brokers. Find the best between SMC Global and Edelweiss.

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SMC Global Vs Edelweiss

  SMC Global Limited Edelweiss Broking Ltd
 
SMC Global Limited Logo Edelweiss Broking Ltd Logo
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... Know more about SMC Global Limited Incorporated in 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate. The Retail Broking business... Know more about Edelweiss Broking Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage NSE, BSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Account Type Discount Brokerage Plan
Broker Enquiry Open an Online Trading Account with SMC Global. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Edelweiss. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994 2002
Number of Branches 2450 237
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SMC Global Vs Edelweiss Charges

  SMC Global Limited Edelweiss Broking Ltd
Trading Account Opening Fees Nil ₹750
Trading Account AMC Nil ₹0
Demat Account Opening Fees Rs 499 ₹0
Demat Account AMC Rs 300 ₹500
Demat Account is Mandatory? No No
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SMC Global Vs Edelweiss Brokerage

Brokerage Plan 1

  SMC Global Limited Edelweiss Broking Ltd
Account Type Discount Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.3% 0.01%
Equity Intraday Brokerage 0.03% 0.01%
Equity Futures Brokerage 0.03% ₹5 per lot
Equity Options Brokerage Rs.70 per lot ₹5 per lot
Currency Futures Trading Brokerage 0.03% ₹5 per lot
Currency Options Trading Brokerage Rs.20 per lot ₹5 per lot
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage 0.03%

Brokerage Plan 2

  SMC Global Limited Edelweiss Broking Ltd
Account Type Prepaid Plan (₹12,000 for 12 months)
Fixed Charges ₹12,000 + ₹1,800 (Service tax)
Equity Delivery Brokerage 0.3% 0.30%
Equity Intraday Brokerage 0.03% 0.03%
Equity Futures Brokerage 0.03% 0.03%
Equity Options Brokerage Rs.70 per lot ₹90 per lot
Currency Futures Trading Brokerage 0.03% 0.04%
Currency Options Trading Brokerage Rs.20 per lot ₹22 per lot
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage 0.03%

Brokerage Plan 3

  SMC Global Limited Edelweiss Broking Ltd
Account Type Prepaid Plan (₹1,12,000 for 12 months)
Fixed Charges ₹1,12,000 + ₹16,800 (Service tax)
Equity Delivery Brokerage 0.3% 0.10%
Equity Intraday Brokerage 0.03% 0.01%
Equity Futures Brokerage 0.03% 0.01%
Equity Options Brokerage Rs.70 per lot ₹25 per lot
Currency Futures Trading Brokerage 0.03% 0.01%
Currency Options Trading Brokerage Rs.20 per lot ₹6 per lot
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage 0.03%

Other Charges

Minimum Brokerage Charges Rs 25 per trade or 2.5% of the trade value whichever is lower 3 paisa per share in delivery, 1 paisa per share on Intraday and Futures
Other Brokerage Charges
Call & Trade Charges Free
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SMC Global Vs Edelweiss Taxes

  SMC Global Limited Edelweiss Broking Ltd
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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SMC Global Vs Edelweiss Transaction Charges

  SMC Global Limited Edelweiss Broking Ltd
Equity Delivery 0.0035% NSE ₹325 | BSE ₹275
Equity Intraday 0.0035% NSE ₹325 | BSE ₹275
Equity Futures 0.0029% NSE ₹190 | BSE ₹190
Equity Options 0.065% (on premium) NSE ₹5000 | BSE ₹5000
Currency Futures 0.0029% NSE ₹115 | BSE ₹115
Currency Options 0.065% (on premium) NSE ₹4000 | BSE ₹4000
Commodity 0.0030%
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SMC Global Vs Edelweiss Exposure Margin

  SMC Global Limited Edelweiss Broking Ltd
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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SMC Global and Edelweiss Feature Comparison

  SMC Global Limited Edelweiss Broking Ltd
3 in 1 Account No No
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 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 Limited Edelweiss Broking Ltd
  13 Customer Reviews    Rate SMC Global 22 Customer Reviews    Rate Edelweiss
Fees Ratings 3.8 2.6
Trading Brokerage Rating 3.3 2.2
Trading Platform Usability 3.9 3.2
Customer Service Ratings 3.8 2.0
Overall Ratings Rated 3.8 stars Rated 2.3 stars
Broker Rating SMC Global is Rated 3.8 / 5 based on 13 customer reviews Edelweiss is Rated 2.3 / 5 based on 22 customer reviews
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Contact Broker / Request A Call Back

  SMC Global Limited Edelweiss Broking Ltd
Contact / Request Call Back
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SMC Global Vs Edelweiss Investment Options

  SMC Global Limited Edelweiss Broking Ltd
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 Note: IPO
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SMC Global Vs Edelweiss Customer Service

  SMC Global Limited Edelweiss Broking Ltd
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
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SMC Global Vs Edelweiss Order Type Offered

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

  SMC Global Limited Edelweiss Broking Ltd
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 Edelweiss Suitable For Investor Type

  SMC Global Limited Edelweiss Broking Ltd
Casual Investor
Active Investor Yes
Trader Yes
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SMC Global Vs Edelweiss - Advantages and Disadvantages

  SMC Global Limited Edelweiss Broking Ltd
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.

More Advantages...

1. Full service broker offering discount brokerage plan. 2. Offer commodity trading on the same trading trading platform. 3. Free research and trading tips calls to all the customers.

More Advantages...

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.

More Disadvantages...

1. IPO cannot be applied online. 2. Bracket order is not available. 3. Good Till cancelled orders are not available. 4. Higher brokerage in prepaid brokerage plans of Rs 12k and Rs 1.12L for 12 months.

More Disadvantages...

Reviews
Promo / Offers

Edelweiss Discount Brokerage Plan + Free Trading & Demat Account (for limited time only)

Edelweiss offers FREE Trading + Demat Account (₹750 waived). Get a discount trading plan offering equity trading @ 0.01% and F&O @ Rs 5 per lot 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.

Enquire about SMC Global Enquire about Edelweiss
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