SMC Global Vs Fyers (Compare SMC Global and Fyers)

The side-by-side comparison of SMC Global and Fyers. Compare SMC Global Vs Fyers brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best SMC Global vs Fyers?


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


Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers Securities Ltd

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SMC Global Vs Fyers

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 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.

  SMC Global Fyers
Type of Broker Full Service Broker Discount Broker
Supported Exchnages NSE, BSE, MCX, NCDEX NSE, MCX
Account Type Flat Fee Brokerage Plan
Year of Incorporation 1994 2015
Number of Branches 2450 0
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 Fyers. Leave your contact info and we will get in touch with you.
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SMC Global Vs Fyers Charges & AMC

SMC Global trading account opening charges is Nil while Fyers account opening changes is ₹400 (Free). SMC Global Demat Account AMC Charges is ₹300 and Fyers Demat Account AMC Charges is ₹300.

  SMC Global Fyers
Trading Account Opening Charges Nil ₹400 (Free)
Trading Account AMC Charges Nil ₹0 (Free)
Demat Account Opening Charges ₹499 ₹0 (Free)
Demat Account AMC Charges ₹300 ₹300
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SMC Global Vs Fyers Brokerage Charges & Plans

SMC Global Vs Fyers Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas Fyers brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower.

  SMC Global Fyers
Account Type Flat Fee Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.3% ₹0 (Free)
Equity Intraday Brokerage 0.03% ₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage 0.03% ₹20 per executed order or .03% whichever is lower
Equity Options Brokerage ₹70 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.03% ₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage ₹20 per lot ₹20 per executed order
Commodity Futures Trading Brokerage 0.03% ₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage 0.03% ₹20 per executed order
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

SMC Global Charges Vs Fyers

Minimum Brokerage Charges Rs 25 per trade or 2.5% of the trade value whichever is lower Intra-day: ₹7 or 2.5% whichever is lower
Other Brokerage Charges Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges ₹20 per trade
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SMC Global Vs Fyers Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while Fyers exchange transaction charges for options is ₹5900 per Cr (on premium) (0.059%).

  SMC Global Fyers
Equity Delivery 0.0035% ₹325 per Cr (0.00325%)
Equity Intraday 0.0035% ₹325 per Cr (0.00325%)
Equity Futures 0.0029% ₹240 per Cr (0.0024%)
Equity Options 0.065% (on premium) ₹5900 per Cr (on premium) (0.059%)
Currency Futures 0.0029% ₹240 per Cr (0.0024%)
Currency Options 0.065% (on premium) ₹5900 per Cr (on premium) (0.059%)
Commodity 0.0030% NA
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SMC Global Vs Fyers Leverage (Margin)

SMC Global provides the margin of Upto 10x Intraday for intraday trades whereas the Fyers margin for intraday cash is Up to 16x (based on the stock).

  SMC Global Fyers
Equity Delivery Upto 3x 1 times
Equity Intraday Upto 10x Intraday Up to 16x (based on the stock)
Equity Futures Upto 2x Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options NA Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures NA Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options NA Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures Upto 2x NA
Commodity Options
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Compare SMC Global and Fyers Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. Fyers offers Fyers One (In-house build) trading software.

  SMC Global Fyers
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes No
Online Demo No
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 Fyers One (In-house build)
Intraday Square-off Time 3:20 PM
Other Features Brokerage free thematic investing is available
Referral Program Yes
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SMC Global Vs Fyers Review

SMC Global is rated 3.7 of 5 based on 15 customer reviews whereas Fyers is rated 4.0 of 5 based on 14 customer reviews.

  SMC Global Fyers
  15 Customer Reviews    Rate SMC Global 14 Customer Reviews    Rate Fyers
Fees 3.9 3.6
Trading Brokerage 3.2 4.0
Trading Platform Usability 3.9 3.6
Customer Service 3.7 4.3
Research Capabilities 4.0 2.0
Overall Ratings Rated 3.7 stars Rated 4.0 stars
Broker Rating SMC Global is rated 3.7 of 5 based on 15 customer reviews Fyers is rated 4.0 of 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  SMC Global Enquire Fyers Enquire
Contact Broker

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Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

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SMC Global Vs Fyers Investment Options

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

  SMC Global Fyers
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 Fyers Research Report

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

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

  SMC Global Fyers
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.
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum ₹20 per trade.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!
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.
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
Reviews
Promo / Offers

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you.

Enquire SMC GlobalEnquire Fyers

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