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...
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 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.
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 |
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 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 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 |
The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. Groww offers Groww trading software.
SMC Global | Groww | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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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 Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 |
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 | |
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