SMC Global Vs Karvy (Compare SMC Global and Karvy)

SMC Global Vs Karvy

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 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India.

	SMC Global	Karvy
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	NSE, BSE, MCX, NCDEX	BSE, NSE, MCX
Account Type		Retail Brokerage Plan
Year of Incorporation	1994	1985
Number of Branches	2450	575
Broker Enquiry

SMC Global Vs Karvy Charges & AMC

SMC Global trading account opening charges is Nil while Karvy account opening changes is ₹650. SMC Global Demat Account AMC Charges is ₹300 and Karvy Demat Account AMC Charges is ₹420.

	SMC Global	Karvy
Trading Account Opening Charges	Nil	₹650
Trading Account AMC Charges	Nil	₹0
Demat Account Opening Charges	₹499	₹0
Demat Account AMC Charges	₹300	₹420

SMC Global Vs Karvy Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.

	SMC Global	Karvy
Account Type		Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	0.3%	0.3%
Equity Intraday Brokerage	0.03%	0.03%
Equity Futures Brokerage	0.03%	0.03%
Equity Options Brokerage	₹70 per lot	₹30 per lot
Currency Futures Trading Brokerage	0.03%	0.03%
Currency Options Trading Brokerage	₹20 per lot	₹30 per lot
Commodity Futures Trading Brokerage	0.03%	0.03%
Commodity Options Trading Brokerage	0.03%	₹30 per lot
Special Offer

SMC Global Vs Karvy Brokerage Plan 2

	SMC Global	Karvy
Account Type		Premium Subscription Plan of 100000
Fixed Charges		₹100,000 per year
Equity Delivery Brokerage	0.3%	0.1%
Equity Intraday Brokerage	0.03%	0.01%
Equity Futures Brokerage	0.03%	0.01%
Equity Options Brokerage	₹70 per lot	₹10 per lot
Currency Futures Trading Brokerage	0.03%	0.01%
Currency Options Trading Brokerage	₹20 per lot	₹10 per lot
Commodity Futures Trading Brokerage	0.03%	0.01%
Commodity Options Trading Brokerage	0.03%	₹10 per lot

SMC Global Charges Vs Karvy

Minimum Brokerage Charges	Rs 25 per trade or 2.5% of the trade value whichever is lower	Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges

SMC Global Vs Karvy Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while Karvy exchange transaction charges for options is ₹5500.

	SMC Global	Karvy
Equity Delivery	0.0035%	₹325
Equity Intraday	0.0035%	₹325
Equity Futures	0.0029%	₹230
Equity Options	0.065% (on premium)	₹5500
Currency Futures	0.0029%	₹325
Currency Options	0.065% (on premium)
Commodity	0.0030%	₹300

SMC Global Vs Karvy Leverage (Margin)

SMC Global provides the margin of Upto 10x Intraday for intraday trades whereas the Karvy margin for intraday cash is Upto 20x.

	SMC Global	Karvy
Equity Delivery	Upto 3x	Upto 5x with 24% interest per year
Equity Intraday	Upto 10x Intraday	Upto 20x
Equity Futures	Upto 2x	Upto 4x
Equity Options	NA	Upto 4x for shorting
Currency Futures	NA	Nil
Currency Options	NA	Nil
Commodity Futures	Upto 2x	Upto 4x
Commodity Options

Compare SMC Global and Karvy Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. Karvy offers NEST, Karvy Web, Trade Mobile trading software.

	SMC Global	Karvy
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	SMC Privilege, Easy Trader, Mobitrader, Tab Trader	NEST, Karvy Web, Trade Mobile
Intraday Square-off Time		3:15
Other Features		Ask the expert, The Finapolis
Referral Program

SMC Global Vs Karvy Review

SMC Global is rated 3.7 of 5 based on 15 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.

	SMC Global	Karvy
	15 Customer Reviews	24 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SMC Global is rated 3.7 of 5 based on 15 customer reviews	Karvy is rated 2.0 of 5 based on 24 customer reviews

SMC Global Vs Karvy Investment Options

	SMC Global	Karvy
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

SMC Global Vs Karvy Order Type Offered

	SMC Global	Karvy
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

SMC Global Vs Karvy Research Report

	SMC Global	Karvy
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

SMC Global Vs Karvy Suitable For Investor Type

	SMC Global	Karvy
Casual Investor
Active Investor
Trader

SMC Global Vs Karvy - Pros and Cons

	SMC Global	Karvy
Pros	They have 50+ branches for extensive reach. Call and trade facility is also available. Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available. Trading is available in both BSE and NSE. Low bandwidth website is available for slow internet connection or for trading from mobile devices.	Pay ₹1200 one time and get life time free AMC demat account Offers investment in IPO and Mutual funds Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.	Doesn't offer 3 in 1 account Brokerage rates are negotiable Higher brokerage compare to discount brokers
Reviews
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