SMC Global Vs Edelweiss (Compare SMC Global and Edelweiss)


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


Edelweiss
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 of Edelweiss offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities and Futures & Options. Edelweiss offers investment advice backed by research and analysis to it... Know more about Edelweiss Broking Ltd

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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
Exchnage Membership NSE, BSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994 2002
Number of Branches 2450 237
Open an Online Trading Account with SMC Global.Open an Online Trading Account with Edelweiss.
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SMC Global Vs Edelweiss Charges & AMC

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

  SMC Global Edelweiss
Trading Account Opening Charges Nil Rs 0 (Free)
Trading Account AMC Charges Nil Rs 0
Demat Account Opening Charges Rs 499 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 500 (1st Year Free)
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SMC Global Vs Edelweiss Brokerage Charges & Plans

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 Rs 10 per executed order and intraday is Rs 10 per executed order.

  SMC Global Edelweiss
Account Type Edelweiss Lite
Fixed Charges NA
Equity Delivery 0.3% Rs 10 per executed order
Equity Intraday 0.03% Rs 10 per executed order
Equity Futures 0.03% Rs 10 per executed order
Equity Options Rs 70 per lot Rs 10 per executed order
Currency Futures 0.03% Rs 10 per executed order
Currency Options Rs 20 per lot Rs 10 per executed order
Commodity Futures 0.03%
Commodity Options 0.03%
Special Offer
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

SMC Global Vs Edelweiss Brokerage Plan 2

  SMC Global Edelweiss
Account Type Edelweiss Elite
Fixed Charges
Equity Delivery 0.3% 0.30%
Equity Intraday 0.03% 0.03%
Equity Futures 0.03% 0.03%
Equity Options Rs 70 per lot Rs 75 per lot
Currency Futures 0.03% 0.02%
Currency Options Rs 20 per lot Rs 22 per lot
Commodity Futures 0.03%
Commodity Options 0.03%
Enquire SMC GlobalOpen Edelweiss Account

SMC Global Charges Vs Edelweiss

Minimum Brokerage 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 Charges Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 20 per call
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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 Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium).

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

SMC Global margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Edelweiss margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  SMC Global Edelweiss
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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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 No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes
Online Portfolio Yes Yes
Margin Trading Funding 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 is rated 4.1 of 5 based on 29 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 65 customer reviews.

  SMC Global Edelweiss
  29 Customer Reviews    Rate SMC Global 65 Customer Reviews    Rate Edelweiss
Fees 3.9 3.1
Brokerage 3.8 3.1
Trading Platform 4.0 3.5
Customer Service 4.1 2.7
Research Capabilities 4.3 2.8
Overall Ratings Rated 4.1 stars Rated 3.0 stars
Broker Rating SMC Global is rated 4.1 of 5 based on 29 customer reviews Edelweiss is rated 3.0 of 5 based on 65 customer reviews
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Contact Broker / Request A Call Back

  SMC Global Enquire Edelweiss Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.
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SMC Global Vs Edelweiss Investment Options

  SMC Global Edelweiss
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance
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SMC Global Vs Edelweiss Order Type Offered

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

  SMC Global Edelweiss
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. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
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.
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.

Enquire SMC GlobalOpen Edelweiss Account

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