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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.

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SMC Global Vs Finvasia

  SMC Global Limited Finvasia Securities Pvt Ltd
 
SMC Global Limited Logo Finvasia Securities Pvt Ltd Logo
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... Know more about SMC Global Limited 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 manageme... Know more about Finvasia Securities Pvt Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage NSE, BSE, MCX, NCDEX BSE, NSE, MCX
Account Type Standard
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.
Year of Incorporation 1994 2013
Number of Branches 2450 1
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SMC Global Vs Finvasia Charges

  SMC Global Limited Finvasia Securities Pvt Ltd
Trading Account Opening Fees Nil ₹0 (Free)
Trading Account AMC Nil ₹0 (Free)
Demat Account Opening Fees Rs 499 ₹0 (Free)
Demat Account AMC Rs 300 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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SMC Global Vs Finvasia Brokerage

Brokerage Plan 1

  SMC Global Limited Finvasia Securities Pvt Ltd
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 Rs.70 per lot ₹0
Currency Futures Trading Brokerage 0.03% ₹0
Currency Options Trading Brokerage Rs.20 per lot ₹0
Commodity Futures Trading Brokerage 0.03% ₹0
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 ₹0
Other Brokerage Charges None
Call & Trade Charges ₹0
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SMC Global Vs Finvasia Taxes

  SMC Global Limited Finvasia Securities Pvt Ltd
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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SMC Global Vs Finvasia Transaction Charges

  SMC Global Limited Finvasia Securities Pvt Ltd
Equity Delivery 0.0035% ₹325/crore
Equity Intraday 0.0035% ₹325/crore
Equity Futures 0.0029% ₹190/crore
Equity Options 0.065% (on premium) ₹5000/crore of premium
Currency Futures 0.0029% ₹115/crore
Currency Options 0.065% (on premium) ₹4000/crore of premium
Commodity 0.0030% ₹260/crore
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SMC Global Vs Finvasia Exposure Margin

  SMC Global Limited Finvasia Securities Pvt Ltd
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
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SMC Global and Finvasia Feature Comparison

  SMC Global Limited Finvasia Securities Pvt Ltd
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)
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
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SMC Global Vs Finvasia Review

  SMC Global Limited Finvasia Securities Pvt Ltd
  13 Customer Reviews    Rate SMC Global 9 Customer Reviews    Rate Finvasia
Fees Ratings 3.8 4.4
Trading Brokerage Rating 3.3 4.8
Trading Platform Usability 3.9 3.0
Customer Service Ratings 3.8 4.7
Overall Ratings Rated 3.8 stars Rated 4.7 stars
Broker Rating SMC Global is Rated 3.8 / 5 based on 13 customer reviews Finvasia is Rated 4.7 / 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  SMC Global Limited Finvasia Securities Pvt Ltd
Contact / Request Call Back
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SMC Global Vs Finvasia Investment Options

  SMC Global Limited Finvasia Securities Pvt Ltd
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 Customer Service

  SMC Global Limited Finvasia Securities Pvt Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
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SMC Global Vs Finvasia Order Type Offered

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

  SMC Global Limited Finvasia Securities Pvt Ltd
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 Limited Finvasia Securities Pvt Ltd
Casual Investor
Active Investor Yes
Trader Yes
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SMC Global Vs Finvasia - Advantages and Disadvantages

  SMC Global Limited Finvasia Securities Pvt Ltd
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.

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
  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.

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...

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