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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, exposure margin, demat account. Read Fyers and SMC Global review.

Find out SMC Global Vs Fyers which is better and SMC Global Vs Fyers which is best.

Our SMC Global Limited comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between SMC Global and Fyers.

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SMC Global Vs Fyers

  SMC Global Limited Fyers Securities Ltd
 
SMC Global Limited Logo Fyers Securities 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 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", representi... Know more about Fyers Securities Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage NSE, BSE, MCX, NCDEX NSE, MCX
Account Type Flat Fee Brokerage Plan
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.
Year of Incorporation 2015
Number of Branches 1
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SMC Global Vs Fyers Charges

  SMC Global Limited Fyers Securities 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 ₹400
Demat Account is Mandatory? No No
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SMC Global Vs Fyers Brokerage

Brokerage Plan 1

  SMC Global Limited Fyers Securities Ltd
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 .01% whichever is lower
Equity Futures Brokerage 0.03% ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage Rs.70 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.03% ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage Rs.20 per lot ₹20 per executed order
Commodity Futures Trading Brokerage 0.03% NA
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
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 Taxes

  SMC Global Limited Fyers Securities 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 Fyers Transaction Charges

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

  SMC Global Limited Fyers Securities Ltd
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 Upto 2x NA
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SMC Global and Fyers Feature Comparison

  SMC Global Limited Fyers Securities Ltd
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 Limited Fyers Securities Ltd
  13 Customer Reviews    Rate SMC Global 8 Customer Reviews    Rate Fyers
Fees Ratings 3.8 3.1
Trading Brokerage Rating 3.3 3.9
Trading Platform Usability 3.9 3.0
Customer Service Ratings 3.8 4.0
Overall Ratings Rated 3.8 stars Rated 3.6 stars
Broker Rating SMC Global is Rated 3.8 / 5 based on 13 customer reviews Fyers is Rated 3.6 / 5 based on 8 customer reviews
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Contact Broker / Request A Call Back

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

  SMC Global Limited Fyers Securities Ltd
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 Customer Service

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

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

  SMC Global Limited Fyers Securities 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...

  • 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!

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...

  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.

More Disadvantages...

Reviews
Promo / Offers

Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage), for other segments you pay ₹20 per trade flat broekrage fee.

This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you.

Enquire about SMC Global Enquire about Fyers
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