SMC Global Vs Groww (Compare SMC Global and Groww)

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


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


Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe... Know more about Nextbillion Technology pvt ltd

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SMC Global Vs Groww

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 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  SMC Global Groww
Type of Broker Full Service Broker Discount Broker
Supported Exchnages NSE, BSE, MCX, NCDEX NSE and BSE
Account Type Standard Plan
Year of Incorporation 1994 2016
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.
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SMC Global Vs Groww Charges & AMC

SMC Global trading account opening charges is Nil while Groww account opening changes is Rs 0. SMC Global Demat Account AMC Charges is Rs 300 and Groww Demat Account AMC Charges is Rs 0.

  SMC Global Groww
Trading Account Opening Charges Nil Rs 0
Trading Account AMC Charges Nil Rs 0
Demat Account Opening Charges Rs 499 Rs 0
Demat Account AMC Charges Rs 300 Rs 0
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SMC Global Vs Groww Brokerage Charges & Plans

SMC Global Vs Groww Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

  SMC Global Groww
Account Type Standard Plan
Fixed Charges NA
Equity Delivery Brokerage 0.3% Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage 0.03% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.03% NA
Equity Options Brokerage Rs 70 per lot NA
Currency Futures Trading Brokerage 0.03% NA
Currency Options Trading Brokerage Rs 20 per lot NA
Commodity Futures Trading Brokerage 0.03% NA
Commodity Options Trading Brokerage 0.03% NA
Special Offer

SMC Global Charges Vs Groww

Minimum Brokerage Charges Rs 25 per trade or 2.5% of the trade value whichever is lower Rs 20 or 0.05% per executed order
Other Brokerage Charges Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges NA
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SMC Global Vs Groww Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while Groww exchange transaction charges for options is NA.

  SMC Global Groww
Equity Delivery 0.0035% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday 0.0035% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures 0.0029% NA
Equity Options 0.065% (on premium) NA
Currency Futures 0.0029% NA
Currency Options 0.065% (on premium) NA
Commodity 0.0030% NA
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SMC Global Vs Groww Leverage (Margin)

SMC Global provides the margin of Upto 10x Intraday for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).

  SMC Global Groww
Equity Delivery Upto 3x 1x (no margin)
Equity Intraday Upto 10x Intraday Up to 8x (based on the stock)
Equity Futures Upto 2x NA
Equity Options NA NA
Currency Futures NA NA
Currency Options NA NA
Commodity Futures Upto 2x NA
Commodity Options NA
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Compare SMC Global and Groww Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. Groww offers Groww trading software.

  SMC Global Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
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 Groww
Intraday Square-off Time 3:10 PM
Other Features
Referral Program
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SMC Global Vs Groww Review

SMC Global is rated 3.7 of 5 based on 16 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.

  SMC Global Groww
  16 Customer Reviews    Rate SMC Global 9 Customer Reviews    Rate Groww
Fees 3.8 4.3
Trading Brokerage 3.2 4.3
Trading Platform Usability 3.8 3.7
Customer Service 3.6 3.6
Research Capabilities 3.5 2.2
Overall Ratings Rated 3.7 stars Rated 3.9 stars
Broker Rating SMC Global is rated 3.7 of 5 based on 16 customer reviews Groww is rated 3.9 of 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  SMC Global Enquire Groww Enquire
Contact Broker

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SMC Global Vs Groww Investment Options

  SMC Global Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Insurance Digital Gold, US Stocks, Fixed Deposits
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SMC Global Vs Groww Order Type Offered

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

  SMC Global Groww
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 Groww Suitable For Investor Type

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

  SMC Global Groww
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.
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.
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