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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.

SMC Global Vs Edelweiss

	SMC Global	Edelweiss
Find more info about broker	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

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...	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...
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnage	NSE, BSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Account Type		Edelweiss Lite
Broker Enquiry
Year of Incorporation	1994	2002
Number of Branches	2450	237
	Enquire SMC Global	Enquire Edelweiss

SMC Global Vs Edelweiss Charges

	SMC Global	Edelweiss
Trading Account Opening Fees	Nil	₹750
Trading Account AMC	Nil	₹0
Demat Account Opening Fees	₹499	₹0
Demat Account AMC	₹300	Free (₹300 2nd year onward)
Demat Account is Mandatory?	No	No

SMC Global Vs Edelweiss Brokerage

Brokerage Plan 1

	SMC Global	Edelweiss
Account Type		Edelweiss Lite
Fixed Charges
Equity Delivery Brokerage	0.3%	₹10 or 0.01% whichever lower
Equity Intraday Brokerage	0.03%	₹10 or 0.01% whichever lower
Equity Futures Brokerage	0.03%	₹10 or 0.01% whichever lower
Equity Options Brokerage	₹70 per lot	₹10 or executed order
Currency Futures Trading Brokerage	0.03%	₹10 or 0.01% whichever lower
Currency Options Trading Brokerage	₹20 per lot	₹10 or 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 (₹750 waived on account opening) for limited time. Request a Callback.

Brokerage Plan 2

	SMC Global	Edelweiss
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	₹70 per lot	₹90 per lot
Currency Futures Trading Brokerage	0.03%	0.04%
Currency Options Trading Brokerage	₹20 per lot	₹22 per lot
Commodity Futures Trading Brokerage	0.03%
Commodity Options Trading Brokerage	0.03%

Brokerage Plan 3

	SMC Global	Edelweiss
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	₹70 per lot	₹25 per lot
Currency Futures Trading Brokerage	0.03%	0.01%
Currency Options Trading Brokerage	₹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		₹20 per call

SMC Global Vs Edelweiss Taxes

SMC Global

Edelweiss

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)

Exchange Transaction Charges

Check table below

SEBI Charges

Rs 15 per Crore

Goods and Services Tax (GST)

18% on (brokerage + transaction charges)

Stamp Duty

Charged as per the state of the client's correspondence address.

SMC Global Vs Edelweiss Transaction Charges

	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%

SMC Global Vs Edelweiss Exposure Margin

	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

SMC Global and Edelweiss Feature Comparison

	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

SMC Global Vs Edelweiss Review

	SMC Global	Edelweiss
	14 Customer Reviews	44 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SMC Global is Rated 3.9 / 5 based on 14 customer reviews	Edelweiss is Rated 3.1 / 5 based on 44 customer reviews

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.... Name Phone # Email City Name State Are you a day trader?	[Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account (₹750 waived on account opening) for limited time. Request a Callback. Name Phone # Email City Name State Are you a day trader?

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 Customer Service

	SMC Global	Edelweiss
24/7 Customer Service
Onine Live Chat
Through Branches

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)

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 - Advantages and Disadvantages

	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. More Advantages...	1. Full service broker offering discount brokerage plan. Trade at flat ₹10 per executed order across all segments. 3. Offer commodity trading on the same trading trading platform. 4. Free research and trading tips calls to all the customers. More Advantages...
Cons	Mobile trading on NSE is not available. They don't offer 3 in 1 account. 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. More Disadvantages...
Reviews
Promo / Offers		Edelweiss Lite (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 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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SMC Global Vs Edelweiss (Compare SMC Global and Edelweiss)

SMC Global Vs Edelweiss

SMC Global Vs Edelweiss Charges

SMC Global Vs Edelweiss Brokerage

Brokerage Plan 1

Brokerage Plan 2

Brokerage Plan 3

Other Charges

SMC Global Vs Edelweiss Taxes

SMC Global Vs Edelweiss Transaction Charges

SMC Global Vs Edelweiss Exposure Margin

SMC Global and Edelweiss Feature Comparison

SMC Global Vs Edelweiss Review

Contact Broker / Request A Call Back

SMC Global Vs Edelweiss Investment Options

SMC Global Vs Edelweiss Customer Service

SMC Global Vs Edelweiss Order Type Offered

SMC Global Vs Edelweiss Research Report

SMC Global Vs Edelweiss Suitable For Investor Type

SMC Global Vs Edelweiss - Advantages and Disadvantages

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

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