SMC Global Vs iTradeOnline (Compare SMC Global and iTradeOnline)

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


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


iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of Rs 20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX. Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available... Know more about iTradeOnline by Trustline

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SMC Global Vs iTradeOnline

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 , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  SMC Global iTradeOnline
Type of Broker Full Service Broker Discount Broker
Supported Exchnages NSE, BSE, MCX, NCDEX BSE, NSE, MCX
Account Type Pay Per Trade
Year of Incorporation 1994
Number of Branches 2450
Broker Enquiry Open an Online Trading Account with SMC Global. Leave your contact info and we will get in touch with you. Open an Online Trading Account with iTradeOnline. Leave your contact info and we will get in touch with you.
Enquire SMC GlobalEnquire iTradeOnline
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SMC Global Vs iTradeOnline Charges & AMC

SMC Global trading account opening charges is Nil while iTradeOnline account opening changes is Rs 0 (Free). SMC Global Demat Account AMC Charges is Rs 300 and iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.

  SMC Global iTradeOnline
Trading Account Opening Charges Nil Rs 0 (Free)
Trading Account AMC Charges Nil Rs 0 (Free)
Demat Account Opening Charges Rs 499 Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges Rs 300 Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0
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SMC Global Vs iTradeOnline Brokerage Charges & Plans

SMC Global Vs iTradeOnline Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower.

  SMC Global iTradeOnline
Account Type Pay Per Trade
Fixed Charges Rs 0
Equity Delivery Brokerage 0.3% Rs 20 per executed order or .01% whichever is lower
Equity Intraday Brokerage 0.03% Rs 20 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.03% Rs 20 per executed order or .01% whichever is lower
Equity Options Brokerage Rs 70 per lot Rs 20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage 0.03% Rs 20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage Rs 20 per lot Rs 20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage 0.03% Rs 20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage 0.03%
Special Offer
Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

SMC Global Charges Vs iTradeOnline

Minimum Brokerage Charges Rs 25 per trade or 2.5% of the trade value whichever is lower Rs 0 (No Minimum Brokerage)
Other Brokerage Charges Physical contact notes: Rs 20
Call & Trade Charges Rs 0 (Free)
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SMC Global Vs iTradeOnline Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while iTradeOnline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  SMC Global iTradeOnline
Equity Delivery 0.0035% NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Intraday 0.0035% NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Futures 0.0029% NSE Rs 190 per crore (0.0019%)
Equity Options 0.065% (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures 0.0029% NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%)
Currency Options 0.065% (on premium) NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500
Commodity 0.0030% MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%)
Enquire SMC GlobalEnquire iTradeOnline
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SMC Global Vs iTradeOnline Leverage (Margin)

SMC Global provides the margin of Upto 10x Intraday for intraday trades whereas the iTradeOnline margin for intraday cash is Upto 20x (based on the stock).

  SMC Global iTradeOnline
Equity Delivery Upto 3x Upto 5x (based on the stock)
Equity Intraday Upto 10x Intraday Upto 20x (based on the stock)
Equity Futures Upto 2x Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options NA Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures NA Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options NA Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures Upto 2x Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span
Commodity Options Intraday - 100%(1x), Carry forward - 100%(1x) of Span
Enquire SMC GlobalEnquire iTradeOnline
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Compare SMC Global and iTradeOnline Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. iTradeOnline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

  SMC Global iTradeOnline
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform SMC Privilege, Easy Trader, Mobitrader, Tab Trader Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program
Enquire SMC GlobalEnquire iTradeOnline
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SMC Global Vs iTradeOnline Review

SMC Global is rated 3.7 of 5 based on 16 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.

  SMC Global iTradeOnline
  16 Customer Reviews    Rate SMC Global 7 Customer Reviews    Rate iTradeOnline
Fees 3.8 3.9
Trading Brokerage 3.2 4.1
Trading Platform Usability 3.8 3.9
Customer Service 3.6 3.7
Research Capabilities 3.5 1.0
Overall Ratings Rated 3.7 stars Rated 4.0 stars
Broker Rating SMC Global is rated 3.7 of 5 based on 16 customer reviews iTradeOnline is rated 4.0 of 5 based on 7 customer reviews
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Contact Broker / Request A Call Back

  SMC Global Enquire iTradeOnline Enquire
Contact Broker

Leave your contact information and we will get in touch with you....

Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

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SMC Global Vs iTradeOnline Investment Options

  SMC Global iTradeOnline
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Insurance Insurance, Wealth Management
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SMC Global Vs iTradeOnline Order Type Offered

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

  SMC Global iTradeOnline
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 iTradeOnline Suitable For Investor Type

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

  SMC Global iTradeOnline
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.
  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Research based fundamental and technical analysis available to all the customers.
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.
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.
  • Separate account needed for Mutual Funds investment.
  • For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API's are now available.
  • Opening demat account along with the trading account is mandatory.
  • No extra charge for intraday or expiry positions closed by the broker.
Reviews
Promo / Offers

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening.

This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.

Enquire SMC GlobalEnquire iTradeOnline

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