SMC Global Vs Karvy (Compare SMC Global and Karvy)
The side-by-side comparison of SMC Global and Karvy. Compare SMC Global Vs Karvy brokerage, charges, exposure margin, demat account. Read Karvy and SMC Global review.
Find out SMC Global Vs Karvy which is better and SMC Global Vs Karvy which is best.
Our SMC Global Limited comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between SMC Global and Karvy.
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 office...
Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services.
They offer Customized investment solutions to corporate, institut...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
NSE, BSE, MCX, NCDEX
BSE, NSE, MCX
Account Type
Retail Brokerage Plan
Broker Enquiry
Year of Incorporation
1994
1985
Number of Branches
2450
575
SMC Global Vs Karvy Charges
SMC Global
Karvy
Trading Account Opening Fees
Nil
₹650
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Rs 499
₹0
Demat Account AMC
Rs 300
₹420
Demat Account is Mandatory?
No
No
SMC Global Vs Karvy Brokerage
Brokerage Plan 1
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
Rs.70 per lot
₹30 per lot
Currency Futures Trading Brokerage
0.03%
0.03%
Currency Options Trading Brokerage
Rs.20 per lot
₹30 per lot
Commodity Futures Trading Brokerage
0.03%
0.03%
Commodity Options Trading Brokerage
0.03%
₹30 per lot
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
Rs.70 per lot
₹10 per lot
Currency Futures Trading Brokerage
0.03%
0.01%
Currency Options Trading Brokerage
Rs.20 per lot
₹10 per lot
Commodity Futures Trading Brokerage
0.03%
0.01%
Commodity Options Trading Brokerage
0.03%
₹10 per lot
Other Charges
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 Taxes
SMC Global
Karvy
Securities Transaction Tax (STT)
Equity Intraday
0.025% (on Sell trade)
Equity Delivery
0.1% (on Buy and Sell)
Equity Futures
0.01% (on Sell trade)
Equity Options
0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures
Nil
Currency Options
Nil
Commodities
0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Karvy - Zero Account Opening Fee + Up to ₹5500 Brokerage Refund
Open Demat and Trading account with Karvy Stock Broking for free (₹650 waived) and get up to ₹5500 brokerage back based on the brokerage generated for the period of 30 days from account opening.
Interested in opening a trading account? Request Callback from Karvy Stock Broking.
Zerodha
Zero Account Opening Fee