SMC Global Vs Indira Securities (Compare SMC Global and Indira Securities)

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


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


Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL. The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers. Indira Securities offers both traditional and discount brokerage plans. In the ... Know more about Indira Securities Pvt Ltd

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SMC Global Vs Indira Securities

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 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

  SMC Global Indira Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages NSE, BSE, MCX, NCDEX BSE, NSE, MCX and NCDEX
Account Type Traditional Plan
Year of Incorporation 1994 1987
Number of Branches 2450 335
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 Indira Securities Charges & AMC

SMC Global trading account opening charges is Nil while Indira Securities account opening changes is ₹0 (Free). SMC Global Demat Account AMC Charges is ₹300 and Indira Securities Demat Account AMC Charges is ₹450 (Free for 1st year).

  SMC Global Indira Securities
Trading Account Opening Charges Nil ₹0 (Free)
Trading Account AMC Charges Nil ₹0 (Free)
Demat Account Opening Charges ₹499 ₹0 (Free)
Demat Account AMC Charges ₹300 ₹450 (Free for 1st year)
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SMC Global Vs Indira Securities Brokerage Charges & Plans

SMC Global Vs Indira Securities Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

  SMC Global Indira Securities
Account Type Traditional Plan
Fixed Charges
Equity Delivery Brokerage 0.3% 0.10%
Equity Intraday Brokerage 0.03% 0.01%
Equity Futures Brokerage 0.03% 0.01%
Equity Options Brokerage ₹70 per lot ₹25 per lot (both side)
Currency Futures Trading Brokerage 0.03% 0.01%
Currency Options Trading Brokerage ₹20 per lot ₹25 per lot (both side)
Commodity Futures Trading Brokerage 0.03% 0.01%
Commodity Options Trading Brokerage 0.03% ₹25 per lot (both side)
Special Offer
Special Offer: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

SMC Global Vs Indira Securities Brokerage Plan 2

  SMC Global Indira Securities
Account Type Discount Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage 0.3% ₹20 per executed order
Equity Intraday Brokerage 0.03% ₹20 per executed order
Equity Futures Brokerage 0.03% ₹20 per executed order
Equity Options Brokerage ₹70 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.03% ₹20 per executed order
Currency Options Trading Brokerage ₹20 per lot ₹20 per executed order
Commodity Futures Trading Brokerage 0.03% ₹20 per executed order
Commodity Options Trading Brokerage 0.03% ₹20 per executed order

SMC Global Charges Vs Indira Securities

Minimum Brokerage Charges Rs 25 per trade or 2.5% of the trade value whichever is lower ₹20 per executed order
Other Brokerage Charges
Call & Trade Charges ₹0 (Free)
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SMC Global Vs Indira Securities Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while Indira Securities exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

  SMC Global Indira Securities
Equity Delivery 0.0035% NSE ₹325 per Cr (0.00325%)
Equity Intraday 0.0035% NSE ₹325 per Cr (0.00325%)
Equity Futures 0.0029% NSE ₹190 per Cr (0.0019%)
Equity Options 0.065% (on premium) NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures 0.0029% NSE ₹120 per Cr (0.0012%)
Currency Options 0.065% (on premium) NSE ₹500 per Cr (0.005%) (on premium)
Commodity 0.0030% Non-Agri: ₹260 per Cr (0.0026%) | Agri: ₹600 per Cr (0.006%)
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SMC Global Vs Indira Securities Leverage (Margin)

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

  SMC Global Indira Securities
Equity Delivery Upto 3x 1x (no margin)
Equity Intraday Upto 10x Intraday Up to 10x (based on the stock)
Equity Futures Upto 2x Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Equity Options NA 1x (no margin)
Currency Futures NA Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options NA 1x (no margin)
Commodity Futures Upto 2x Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options 1x (no margin)
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Compare SMC Global and Indira Securities Features

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

  SMC Global Indira Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform SMC Privilege, Easy Trader, Mobitrader, Tab Trader ODIN
Intraday Square-off Time 3:15 PM
Other Features
Referral Program Yes
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SMC Global Vs Indira Securities Review

SMC Global is rated 3.7 of 5 based on 15 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 1 customer reviews.

  SMC Global Indira Securities
  15 Customer Reviews    Rate SMC Global 1 Customer Reviews    Rate Indira Securities
Fees 3.9 2.0
Trading Brokerage 3.2 5.0
Trading Platform Usability 3.9 4.0
Customer Service 3.7 4.0
Research Capabilities 4.0 5.0
Overall Ratings Rated 3.7 stars Rated 4.0 stars
Broker Rating SMC Global is rated 3.7 of 5 based on 15 customer reviews Indira Securities is rated 4.0 of 5 based on 1 customer reviews
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  SMC Global Enquire Indira Securities Enquire
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SMC Global Vs Indira Securities Investment Options

  SMC Global Indira Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance
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SMC Global Vs Indira Securities Order Type Offered

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

  SMC Global Indira Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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SMC Global Vs Indira Securities Suitable For Investor Type

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

  SMC Global Indira Securities
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.
  • Full-service broker offering discount brokerage plan.
  • Relationship manager even for online customers.
  • Offers ODIN as trading platform.
  • Investment in mutual fund for free.
  • Pan India presence with hundreds of branches, and business partners.
  • No charges for Call & Trade and Auto Square-off.
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.
  1. Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading account.
Reviews
Promo / Offers

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website

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