SMC Global Vs RMoney (Compare SMC Global and RMoney)

SMC Global Vs RMoney

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

	SMC Global	RMoney
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	NSE, BSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Account Type		Zero Brokerage Plans
Year of Incorporation	1994
Number of Branches	2450
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SMC Global Vs RMoney Charges & AMC

SMC Global trading account opening charges is Nil while RMoney account opening changes is ₹199. SMC Global Demat Account AMC Charges is ₹300 and RMoney Demat Account AMC Charges is ₹0 for lifetime (Free).

	SMC Global	RMoney
Trading Account Opening Charges	Nil	₹199
Trading Account AMC Charges	Nil	₹0 (Free)
Demat Account Opening Charges	₹499	₹0 (Free)
Demat Account AMC Charges	₹300	₹0 for lifetime (Free)

SMC Global Vs RMoney Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas RMoney brokerage charges for equity is ₹0 (Free) and intraday is ₹18 per executed order or .01% whichever is lower.

	SMC Global	RMoney
Account Type		Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage	0.3%	₹0 (Free)
Equity Intraday Brokerage	0.03%	₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.03%	₹18 per executed order or .01% whichever is lower
Equity Options Brokerage	₹70 per lot	₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	0.03%	₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹20 per lot	₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	0.03%	₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage	0.03%
Special Offer		Special Offer: RMoney ₹0 Account Opening Fee + ₹0 Demat AMC (for Life) + Free Call & Trade Get the offer

SMC Global Vs RMoney Brokerage Plan 2

	SMC Global	RMoney
Account Type		Happy Service Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.3%	0.10% to 0.40%
Equity Intraday Brokerage	0.03%	0.01% to 0.04%
Equity Futures Brokerage	0.03%	0.005% to 0.02%
Equity Options Brokerage	₹70 per lot	₹20 to ₹80 per lot
Currency Futures Trading Brokerage	0.03%	0.005% to 0.02%
Currency Options Trading Brokerage	₹20 per lot	0.005% to 0.02%
Commodity Futures Trading Brokerage	0.03%	0.005% to 0.02%
Commodity Options Trading Brokerage	0.03%
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SMC Global Charges Vs RMoney

Minimum Brokerage Charges	Rs 25 per trade or 2.5% of the trade value whichever is lower	₹0
Other Brokerage Charges		Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges		₹0 (Unlimited Calls)

SMC Global Vs RMoney Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while RMoney exchange transaction charges for options is NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%).

	SMC Global	RMoney
Equity Delivery	0.0035%	NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday	0.0035%	NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures	0.0029%	NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options	0.065% (on premium)	NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures	0.0029%	NSE, BSE - ₹150 per crore (0.0015%)
Currency Options	0.065% (on premium)	NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity	0.0030%	MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
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SMC Global Vs RMoney Leverage (Margin)

SMC Global provides the margin of Upto 10x Intraday for intraday trades whereas the RMoney margin for intraday cash is 20x (5%) (Intraday Only).

	SMC Global	RMoney
Equity Delivery	Upto 3x	Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday	Upto 10x Intraday	20x (5%) (Intraday Only)
Equity Futures	Upto 2x	Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options	NA	Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures	NA	Intraday - 100X (1%)
Currency Options	NA	Intraday - 100X (1%)
Commodity Futures	Upto 2x	Intraday - 77X (1.3%)
Commodity Options
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Compare SMC Global and RMoney Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

	SMC Global	RMoney
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	RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time		Equity 3:15 PM
Other Features
Referral Program
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SMC Global Vs RMoney Review

SMC Global is rated 3.7 of 5 based on 15 customer reviews whereas RMoney is rated 4.0 of 5 based on 3 customer reviews.

	SMC Global	RMoney
	15 Customer Reviews	3 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	RMoney is rated 4.0 of 5 based on 3 customer reviews

SMC Global Vs RMoney Investment Options

	SMC Global	RMoney
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance	Corporate FD, Life Instance, General Insurance

SMC Global Vs RMoney Order Type Offered

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

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

SMC Global Vs RMoney Suitable For Investor Type

	SMC Global	RMoney
Casual Investor
Active Investor
Trader

SMC Global Vs RMoney - Advantages and Disadvantages

	SMC Global	RMoney
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. More Advantages...	Offer both discount brokerage as well as full-service brokerage plans. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment ODIN trading platform is available free of cost to all customers. Unlimited free Call & Trades. Local branches in major cities across North India. Free tips, research and news alerts. Online paperless instant account opening. More Advantages...
Cons	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products. More Disadvantages...	Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month. RMoney QUICK Mobile Trading app is under active development. The app has performance and stability issues. App also missing key features which are part of competitor's trading app. Margin funding is not available. GTC/GTD not available in Equity. NRI Account is not available. More Disadvantages...
Reviews		Useful Articles: Flat Fee Stock Trading Broker in India
Promo / Offers		Lifetime FREE AMC Demat Account + Free Call & Trade Get free lifetime free AMC demat account and pay flat ₹18 brokerage. In addition, get free account opening and free call & trade. To open an account, simply leave your contact information and RMoney representatives will call you.
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