SMC Global Vs Finvasia (Compare SMC Global and Finvasia)

SMC Global Vs Finvasia

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 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	SMC Global	Finvasia
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX, NCDEX	BSE, NSE, MCX
Year of Incorporation	1994	2013
Number of Branches	2450	1
	Enquire SMC Global	Enquire Finvasia

SMC Global Vs Finvasia Charges & AMC

SMC Global trading account opening charges is Nil while Finvasia account opening changes is Rs 0 (Free). SMC Global Demat Account AMC Charges is Rs 300 and Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC).

	SMC Global	Finvasia
Trading Account Opening Charges	Nil	Rs 0 (Free)
Trading Account AMC Charges	Nil	Rs 0 (Free)
Demat Account Opening Charges	Rs 499	Rs 0 (Free)
Demat Account AMC Charges	Rs 300	Rs 0 per year (Lifetime Zero AMC)

SMC Global Vs Finvasia Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0.

	SMC Global	Finvasia
Account Type		Standard
Fixed Charges		NA
Equity Delivery	0.3%	Rs 0
Equity Intraday	0.03%	Rs 0
Equity Futures	0.03%	Rs 0
Equity Options	Rs 70 per lot	Rs 0
Currency Futures	0.03%	Rs 0
Currency Options	Rs 20 per lot	Rs 0
Commodity Futures	0.03%	Rs 0
Commodity Options	0.03%	Rs 0
Special Offer

SMC Global Charges Vs Finvasia

Minimum Brokerage	Rs 25 per trade or 2.5% of the trade value whichever is lower	Rs 0
Other Charges		Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges		Rs 0

SMC Global Vs Finvasia Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while Finvasia exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

	SMC Global	Finvasia
Equity Delivery	0.0035%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday	0.0035%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (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)	Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	0.0029%	Rs 115 per Cr (0.00115%)
Currency Options	0.065% (on premium)	Rs 4000 per Cr (0.04%) (on premium)
Commodity	0.0030%	Rs 260 per Cr (0.0026%)
	Enquire SMC Global	Enquire Finvasia

SMC Global Vs Finvasia 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 Finvasia 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	Finvasia
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	Enquire Finvasia

Compare SMC Global and Finvasia Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

	SMC Global	Finvasia
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	Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time		3:15 PM
Other Features		Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
	Enquire SMC Global	Enquire Finvasia

SMC Global Vs Finvasia Review

SMC Global is rated 4.1 of 5 based on 29 customer reviews whereas Finvasia is rated 4.6 of 5 based on 40 customer reviews.

	SMC Global	Finvasia
	29 Customer Reviews	40 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	Finvasia is rated 4.6 of 5 based on 40 customer reviews

SMC Global Vs Finvasia Investment Options

	SMC Global	Finvasia
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

SMC Global Vs Finvasia Order Type Offered

	SMC Global	Finvasia
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	Enquire Finvasia

SMC Global Vs Finvasia Research Report

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

SMC Global Vs Finvasia Suitable For Investor Type

	SMC Global	Finvasia
Casual Investor
Active Investor
Trader

SMC Global Vs Finvasia - Pros and Cons

	SMC Global	Finvasia
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.	Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform. Doesn't charge any trade clearing charges. A variety of trading platforms are available for the trader to choose from. Provides trading API and support Algo trading tools. Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients. Call & trade is available for free to all the customers. GTC orders are available in MCX.
Cons	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.	Scalpter, the web-based trading platform has only 1 min charting frame. Bracket orders are chargeable. NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees. GTC orders are not available at NSE and BSE. Finvasia is an online stock broker. It doesn't have branch offices. Doesn't offer a 3-in-1 account. Doesn't offer margin funding. Leverage offered is on the lower side in comparison with other discount brokers.
Reviews
Promo / Offers
	Enquire SMC Global	Enquire Finvasia