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
Exchnage Membership	NSE, BSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1994	2002
Number of Branches	2450	237
	Enquire SMC Global	Open Edelweiss Account

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)

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 Global	Open 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

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%
	Enquire SMC Global	Open Edelweiss Account

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)
	Enquire SMC Global	Open Edelweiss Account

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
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
	Enquire SMC Global	Open Edelweiss Account

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	65 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
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

SMC Global Vs Edelweiss Investment Options

	SMC Global	Edelweiss
Stock / Equity
Commodity
Currency
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)
	Enquire SMC Global	Open Edelweiss Account

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 Rs 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 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 Global	Open Edelweiss Account