SMC Global Vs Finvasia (Compare SMC Global and Finvasia)
The side-by-side comparison of SMC Global and Finvasia. Compare SMC Global Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and SMC Global review.
Find out SMC Global Vs Finvasia which is better and SMC Global Vs Finvasia which is best.
Our SMC Global Limited comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between SMC Global and Finvasia.
SMC Global Vs Finvasia
SMC Global
Finvasia
Find more info about broker
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...
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, in...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
NSE, BSE, MCX, NCDEX
BSE, NSE, MCX
Account Type
Standard
Broker Enquiry
Year of Incorporation
1994
2013
Number of Branches
2450
1
Enquire SMC Global
Enquire Finvasia
SMC Global Vs Finvasia Charges
SMC Global
Finvasia
Trading Account Opening Fees
Nil
₹0 (Free)
Trading Account AMC
Nil
₹0 (Free)
Demat Account Opening Fees
₹499
₹0 (Free)
Demat Account AMC
₹300
₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory?
No
No
SMC Global Vs Finvasia Brokerage
Brokerage Plan 1
SMC Global
Finvasia
Account Type
Standard
Fixed Charges
Equity Delivery Brokerage
0.3%
₹0
Equity Intraday Brokerage
0.03%
₹0
Equity Futures Brokerage
0.03%
₹0
Equity Options Brokerage
₹70 per lot
₹0
Currency Futures Trading Brokerage
0.03%
₹0
Currency Options Trading Brokerage
₹20 per lot
₹0
Commodity Futures Trading Brokerage
0.03%
₹0
Commodity Options Trading Brokerage
0.03%
₹0
Special Offer
Other Charges
Minimum Brokerage Charges
Rs 25 per trade or 2.5% of the trade value whichever is lower
₹0
Other Brokerage Charges
Bracket Orders in NEST: ₹99 per month
Call & Trade Charges
₹0
SMC Global Vs Finvasia Taxes
SMC Global
Finvasia
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 Finvasia Transaction Charges
SMC Global
Finvasia
Equity Delivery
0.0035%
NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday
0.0035%
NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (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)
₹5000 per Cr (0.05%) (on premium)
Currency Futures
0.0029%
₹115 per Cr (0.00115%)
Currency Options
0.065% (on premium)
₹4000 per Cr (0.04%) (on premium)
Commodity
0.0030%
₹260 per Cr (0.0026%)
SMC Global Vs Finvasia Exposure Margin
SMC Global
Finvasia
Equity Delivery
Upto 3x
1x
Equity Intraday
Upto 10x Intraday
up to 10x
Equity Futures
Upto 2x
2x
Equity Options
NA
1x
Currency Futures
NA
1x
Currency Options
NA
1x
Commodity Futures
Upto 2x
2x
Commodity Options
1x
SMC Global and Finvasia Feature Comparison
SMC Global
Finvasia
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
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
SMC Global Vs Finvasia Review
SMC Global
Finvasia
14 Customer Reviews
14 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 Finvasia is Rated 4.5 / 5 based on 14 customer reviews
SMC Global Vs Finvasia Investment Options
SMC Global
Finvasia
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
SMC Global Vs Finvasia Customer Service
SMC Global
Finvasia
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
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.
More Advantages...
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.
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...
Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
Doesn't offer a 3-in-1 account.
Doesn't offer margin funding. The company is planning to launch this service in future.
Leverage offered is on the lower side in comparison with other discount brokers.
NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
GTC orders are not available at NSE and BSE.
More Disadvantages...
Reviews
Promo / Offers
Zerodha
Zero Account Opening Fee