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Edelweiss
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IIFL Sec
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SAMCO
TradeSmart
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Groww
About 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... 
About 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...
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 |
| Exchnage Membership | NSE, BSE, MCX, NCDEX | NSE and BSE |
| Year of Incorporation | 1994 | 2016 |
| Number of Branches | 2450 | 0 |
| Enquire SMC Global | Enquire Groww |
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 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.
| Account Type | SMC Global | Groww Standard Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.3% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 0.03% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 0.03% | NA |
| Equity Options | Rs 70 per lot | NA |
| Currency Futures | 0.03% | NA |
| Currency Options | Rs 20 per lot | NA |
| Commodity Futures | 0.03% | NA |
| Commodity Options | 0.03% | NA |
| Special Offer |
| Minimum Brokerage | Rs 25 per trade or 2.5% of the trade value whichever is lower | Rs 20 or 0.05% per executed order |
| Other Charges | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 | |
| Call & Trade Charges | NA |
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 |
| Enquire SMC Global | Enquire Groww |
SMC Global margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| SMC Global | Groww | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Enquire SMC Global | Enquire Groww |
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 |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Trading Platform | SMC Privilege, Easy Trader, Mobitrader, Tab Trader | Groww |
| Intraday Square-off Time | 3:10 PM | |
| Other Features | ||
| Referral Program | ||
| Enquire SMC Global | Enquire Groww |
SMC Global is rated 4.0 of 5 based on 30 customer reviews whereas Groww is rated 4.0 of 5 based on 46 customer reviews.
| SMC Global | Groww | |
|---|---|---|
30 Customer Reviews  |
46 Customer Reviews |
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| Broker Rating | SMC Global is rated 4.0 of 5 based on 30 customer reviews | Groww is rated 4.0 of 5 based on 46 customer reviews |
| SMC Global Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | Leave your contact information and we will get in touch with you.... | Leave your contact information and we will get in touch with you.... |
| SMC Global | Groww | |
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| Other Investment Options | Insurance | Digital Gold, US Stocks, Fixed Deposits |
| SMC Global | Groww | |
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| Bracket Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Good Till Cancelled (GTC) | |
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| Enquire SMC Global | Enquire Groww |
| SMC Global | Groww | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| SMC Global | Groww | |
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| Reviews | Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors. |
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| Promo / Offers | ||
| Enquire SMC Global | Enquire Groww |
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