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, leverage, margin, demat account and intraday trading. Find which is best SMC Global vs Finvasia?


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


Finvasia
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, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt Ltd

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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
Supported Exchnages NSE, BSE, MCX, NCDEX BSE, NSE, MCX
Account Type Standard
Year of Incorporation 1994 2013
Number of Branches 2450 1
Broker Enquiry Open an Online Trading Account with SMC Global. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
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SMC Global Vs Finvasia Charges & AMC

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

  SMC Global Finvasia
Trading Account Opening Charges Nil ₹0 (Free)
Trading Account AMC Charges Nil ₹0 (Free)
Demat Account Opening Charges ₹499 ₹0 (Free)
Demat Account AMC Charges ₹300 ₹0 per year (Lifetime Zero AMC)
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SMC Global Vs Finvasia Brokerage Charges & Plans

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 ₹0 and intraday is ₹0.

  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

SMC Global Charges Vs Finvasia

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
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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 ₹5000 per Cr (0.05%) (on premium).

  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%)
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SMC Global Vs Finvasia Leverage (Margin)

SMC Global provides the margin of Upto 10x Intraday for intraday trades whereas the Finvasia margin for intraday cash is up to 10x.

  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
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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 No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
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
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SMC Global Vs Finvasia Review

SMC Global is rated 3.7 of 5 based on 15 customer reviews whereas Finvasia is rated 4.5 of 5 based on 28 customer reviews.

  SMC Global Finvasia
  15 Customer Reviews    Rate SMC Global 28 Customer Reviews    Rate Finvasia
Fees 3.9 4.7
Trading Brokerage 3.2 4.9
Trading Platform Usability 3.9 3.4
Customer Service 3.7 4.5
Research Capabilities 4.0 2.7
Overall Ratings Rated 3.7 stars Rated 4.5 stars
Broker Rating SMC Global is rated 3.7 of 5 based on 15 customer reviews Finvasia is rated 4.5 of 5 based on 28 customer reviews
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SMC Global Vs Finvasia Investment Options

  SMC Global Finvasia
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance
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SMC Global Vs Finvasia Order Type Offered

  SMC Global Finvasia
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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SMC Global Vs Finvasia Research Report

  SMC Global Finvasia
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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SMC Global Vs Finvasia Suitable For Investor Type

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

  SMC Global Finvasia
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.
  • 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
  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.
  • 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.
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