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SMC Global Vs Paytm Money (Compare SMC Global and Paytm Money)

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

Paytm Money Limited Logo

About Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

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SMC Global Vs Paytm Money

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 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  SMC Global Paytm Money
Type of Broker Full Service Broker Discount Broker
Exchnage Membership NSE, BSE, MCX, NCDEX NSE and BSE
Year of Incorporation 1994 2017
Number of Branches 2450 1
Enquire SMC GlobalOpen Paytm Money Account

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SMC Global Vs Paytm Money Charges & AMC

SMC Global trading account opening charges is Nil while Paytm Money account opening changes is Rs 200. SMC Global Demat Account AMC Charges is Rs 300 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  SMC Global Paytm Money
Trading Account Opening Charges Nil Rs 200
Trading Account AMC Charges Nil Rs 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 499 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 0 (Free)

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SMC Global Vs Paytm Money Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas Paytm Money brokerage charges for equity is Rs 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.

Account Type SMC Global Paytm Money Standard Plan
Fixed Charges NA
Equity Delivery 0.3% Rs 0 (Free)
Equity Intraday 0.03% Lower of 0.05% or Rs 10 per executed order
Equity Futures 0.03% Rs 10 per executed order
Equity Options Rs 70 per lot Rs 10 per executed order
Currency Futures 0.03%
Currency Options Rs 20 per lot
Commodity Futures 0.03%
Commodity Options 0.03%
Special Offer
Special Offer: Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. Get the offer

SMC Global Charges Vs Paytm Money

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower Rs 0.01 per executed order on Equity Delivery trades
Other Charges Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 300

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SMC Global Vs Paytm Money Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while Paytm Money exchange transaction charges for options is Rs 5,300 per Cr (0.053%) on premium.

  SMC Global Paytm Money
Equity Delivery 0.0035% NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday 0.0035% NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures 0.0029% Rs 200 per Cr (0.002%)
Equity Options 0.065% (on premium) Rs 5,300 per Cr (0.053%) on premium
Currency Futures 0.0029%
Currency Options 0.065% (on premium)
Commodity 0.0030%
Enquire SMC GlobalOpen Paytm Money Account

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SMC Global Vs Paytm Money Leverage (Margin)

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

  SMC Global Paytm Money
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 GlobalOpen Paytm Money Account

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Compare SMC Global and Paytm Money Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  SMC Global Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes No
Online Demo Yes
Online Portfolio Yes Yes
Margin Trading Funding No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform SMC Privilege, Easy Trader, Mobitrader, Tab Trader Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 PM
Other Features
Referral Program
Enquire SMC GlobalOpen Paytm Money Account

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SMC Global Vs Paytm Money Review

SMC Global is rated 3.9 of 5 based on 32 customer reviews whereas Paytm Money is rated 3.8 of 5 based on 24 customer reviews.

  SMC Global Paytm Money
  32 Customer Reviews    Rate SMC Global 24 Customer Reviews    Rate Paytm Money
Fees 3.6 3.7
Brokerage 3.5 4.1
Trading Platform 3.8 3.9
Customer Service 3.8 3.0
Research Capabilities 3.9 3.5
Overall Ratings Rated 3.9 stars Rated 3.8 stars
Broker Rating SMC Global is rated 3.9 of 5 based on 32 customer reviews Paytm Money is rated 3.8 of 5 based on 24 customer reviews

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Contact Broker / Request A Call Back

  SMC Global Enquire Paytm Money Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. Get the offer

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SMC Global Vs Paytm Money Investment Options

  SMC Global Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance NPS Retirement Fund, Digital Fund

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SMC Global Vs Paytm Money Order Type Offered

  SMC Global Paytm Money
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
Enquire SMC GlobalOpen Paytm Money Account

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SMC Global Vs Paytm Money Research Report

  SMC Global Paytm Money
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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SMC Global Vs Paytm Money Suitable For Investor Type

  SMC Global Paytm Money
Casual Investor
Active Investor Yes
Trader Yes

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SMC Global Vs Paytm Money - Pros and Cons

  SMC Global Paytm Money
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.
  • Brokerage free equity delivery trading.
  • Low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
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.
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms uses fee: Rs 300 per year.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 10 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

Promo / Offers

Free Equity Delivery Trades for Life and More...

  • Brokerage-free Equity Delivery +
  • Flat ₹10 per trade for Intraday & F&O +

This is a limited-time offer. Open Instant Paytm Account online and start trading today.

Enquire SMC GlobalOpen Paytm Money Account

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