SMC Global Vs Groww (Compare SMC Global and Groww)

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

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

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

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

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

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	SMC Privilege, Easy Trader, Mobitrader, Tab Trader	Groww
Intraday Square-off Time		3:10 PM
Other Features
Referral Program

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	9 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
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

SMC Global Vs Groww Investment Options

	SMC Global	Groww
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance	Digital Gold, US Stocks, Fixed Deposits

SMC Global Vs Groww Order Type Offered

	SMC Global	Groww
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

SMC Global Vs Groww Research Report

	SMC Global	Groww
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

SMC Global Vs Groww Suitable For Investor Type

	SMC Global	Groww
Casual Investor
Active Investor
Trader

SMC Global Vs Groww - Pros and Cons

	SMC Global	Groww
Pros	They have 50+ branches for extensive reach. Call and trade facility is also available. Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available. Trading is available in both BSE and NSE. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
Cons	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.
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Promo / Offers