Chittorgarh.com Logo
Loading...

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

SMC Global Limited Logo

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... Know more about SMC Global Limited

Indira Securities Pvt Ltd Logo

About 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

Expand

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
Exchnage Membership NSE, BSE, MCX, NCDEX BSE, NSE, MCX and NCDEX
Year of Incorporation 1994 1987
Number of Branches 2450 335
Enquire SMC GlobalEnquire Indira Securities

Expand

SMC Global Vs Indira Securities Charges & AMC

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

  SMC Global Indira Securities
Trading Account Opening Charges Nil Rs 0 (Free)
Trading Account AMC Charges Nil Rs 0 (Free)
Demat Account Opening Charges Rs 499 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 450 (Free for 1st year)

Expand

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%.

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

SMC Global Vs Indira Securities Brokerage Plan 2

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

SMC Global Charges Vs Indira Securities

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower Rs 20 per executed order
Other Charges
Call & Trade Charges Rs 0 (Free)

Expand

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 Rs 5000 per Cr (0.05%) (on premium).

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

Expand

SMC Global Vs Indira Securities Leverage (Margin)

SMC Global margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Indira Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  SMC Global Indira Securities
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 GlobalEnquire Indira Securities

Expand

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 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
Enquire SMC GlobalEnquire Indira Securities

Expand

SMC Global Vs Indira Securities Review

SMC Global is rated 4.0 of 5 based on 30 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 3 customer reviews.

  SMC Global Indira Securities
  30 Customer Reviews    Rate SMC Global 3 Customer Reviews    Rate Indira Securities
Fees 3.8 2.3
Brokerage 3.7 4.3
Trading Platform 3.9 4.0
Customer Service 4.0 4.0
Research Capabilities 4.1 4.3
Overall Ratings Rated 4.0 stars Rated 4.0 stars
Broker Rating SMC Global is rated 4.0 of 5 based on 30 customer reviews Indira Securities is rated 4.0 of 5 based on 3 customer reviews

Expand

Contact Broker / Request A Call Back

  SMC Global Enquire Indira Securities Enquire
Contact Broker Leave your contact information and we will get in touch with you....
FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

Expand

SMC Global Vs Indira Securities Investment Options

  SMC Global Indira Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance

Expand

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
Enquire SMC GlobalEnquire Indira Securities

Expand

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

Expand

SMC Global Vs Indira Securities Suitable For Investor Type

  SMC Global Indira Securities
Casual Investor
Active Investor Yes
Trader Yes

Expand

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 (Rs 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 Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.

Enquire SMC GlobalEnquire Indira Securities

Comments

Add a public comment...

Compare SMC Global Compare Indira Securities
Compare More Brokers: