The side-by-side comparison of SMC Global and Karvy. Compare SMC Global Vs Karvy brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best SMC Global vs Karvy?
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...
Karvy
Alert! 25th Nov 2020 - NSE, BSE terminate Karvy's membership.
Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.
Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.
Karvy Customers,
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 trading account opening charges is Nil while Karvy account opening changes is Rs 650. SMC Global Demat Account AMC Charges is Rs 300 and Karvy Demat Account AMC Charges is Rs 420.
SMC Global | Karvy | |
---|---|---|
Trading Account Opening Charges | Nil | Rs 650 |
Trading Account AMC Charges | Nil | Rs 0 |
Demat Account Opening Charges | Rs 499 | Rs 0 |
Demat Account AMC Charges | Rs 300 | Rs 420 |
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 | Rs 70 per lot | Rs 30 per lot |
Currency Futures Trading Brokerage | 0.03% | 0.03% |
Currency Options Trading Brokerage | Rs 20 per lot | Rs 30 per lot |
Commodity Futures Trading Brokerage | 0.03% | 0.03% |
Commodity Options Trading Brokerage | 0.03% | Rs 30 per lot |
Special Offer |
SMC Global | Karvy | |
---|---|---|
Account Type | Premium Subscription Plan of 100000 | |
Fixed Charges | Rs 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 | Rs 10 per lot |
Currency Futures Trading Brokerage | 0.03% | 0.01% |
Currency Options Trading Brokerage | Rs 20 per lot | Rs 10 per lot |
Commodity Futures Trading Brokerage | 0.03% | 0.01% |
Commodity Options Trading Brokerage | 0.03% | Rs 10 per lot |
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 transaction charges for options is 0.065% (on premium) while Karvy exchange transaction charges for options is Rs 5500.
SMC Global | Karvy | |
---|---|---|
Equity Delivery | 0.0035% | Rs 325 |
Equity Intraday | 0.0035% | Rs 325 |
Equity Futures | 0.0029% | Rs 230 |
Equity Options | 0.065% (on premium) | Rs 5500 |
Currency Futures | 0.0029% | Rs 325 |
Currency Options | 0.065% (on premium) | |
Commodity | 0.0030% | Rs 300 |
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 |
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 is rated 3.7 of 5 based on 16 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.
SMC Global | Karvy | |
---|---|---|
Pros |
|
|
Cons |
|
|
Reviews | ||
Promo / Offers |
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc