SMC Global Vs Tradeplus (Compare SMC Global and Tradeplus)

SMC Global Vs Tradeplus

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 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	SMC Global	Tradeplus
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX, NCDEX	BSE, NSE, MCX
Year of Incorporation	1994	1995
Number of Branches	2450
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SMC Global Vs Tradeplus Charges & AMC

SMC Global trading account opening charges is Nil while Tradeplus account opening changes is Rs 0. SMC Global Demat Account AMC Charges is Rs 300 and Tradeplus Demat Account AMC Charges is Rs 0.

	SMC Global	Tradeplus
Trading Account Opening Charges	Nil	Rs 0
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Rs 499	Rs 0
Demat Account AMC Charges	Rs 300	Rs 0

SMC Global Vs Tradeplus Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

	SMC Global	Tradeplus
Account Type		Flat Zero brokerage Scheme
Fixed Charges		As per segment
Equity Delivery	0.3%	Rs 0 (Free)
Equity Intraday	0.03%	NA
Equity Futures	0.03%	Rs 799 per month (unlimited trading)
Equity Options	Rs 70 per lot	Rs 99 per month (unlimited trading)
Currency Futures	0.03%	Rs 99 per month (unlimited trading)
Currency Options	Rs 20 per lot	Rs 99 per month (unlimited trading)
Commodity Futures	0.03%	Rs 99 per month (unlimited trading)
Commodity Options	0.03%	Rs 99 per month (unlimited trading)
Special Offer		Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

SMC Global Vs Tradeplus Brokerage Plan 2

	SMC Global	Tradeplus
Account Type		Flexi Brokerage Plan
Fixed Charges		NA
Equity Delivery	0.3%	Rs 0 (Free)
Equity Intraday	0.03%	Lower of - Rs 9 per trade or 0.01%
Equity Futures	0.03%	Rs 9 per executed order
Equity Options	Rs 70 per lot	Rs 9 per executed order
Currency Futures	0.03%	Rs 9 per executed order
Currency Options	Rs 20 per lot	Rs 9 per executed order
Commodity Futures	0.03%	Rs 9 per executed order
Commodity Options	0.03%	Rs 9 per executed order
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SMC Global Charges Vs Tradeplus

Minimum Brokerage	Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Charges		SMS Charges: Rs 100 per segment.
Call & Trade Charges		Flat Rs 75 per day

SMC Global Vs Tradeplus Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

	SMC Global	Tradeplus
Equity Delivery	0.0035%	Rs 345 per crore (0.00345%) (each side)
Equity Intraday	0.0035%	Rs 345 per crore (0.00345%) (sale side)
Equity Futures	0.0029%	Rs 360 per crore (0.0036%)
Equity Options	0.065% (on premium)	Rs 7800 per crore (0.078%)(on premium)
Currency Futures	0.0029%	Rs 140 per crore (0.0014%)
Currency Options	0.065% (on premium)	Rs 6000 (on premium) per crore (0.06%)
Commodity	0.0030%	Rs 500 (0.005%)
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SMC Global Vs Tradeplus Leverage (Margin)

SMC Global margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Tradeplus margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	SMC Global	Tradeplus
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare SMC Global and Tradeplus Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. Tradeplus offers INFINI, NSE NOW trading software.

	SMC Global	Tradeplus
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	SMC Privilege, Easy Trader, Mobitrader, Tab Trader	INFINI, NSE NOW
Intraday Square-off Time
Other Features
Referral Program
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SMC Global Vs Tradeplus Review

SMC Global is rated 4.1 of 5 based on 29 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

	SMC Global	Tradeplus
	29 Customer Reviews	35 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SMC Global is rated 4.1 of 5 based on 29 customer reviews	Tradeplus is rated 3.0 of 5 based on 35 customer reviews

SMC Global Vs Tradeplus Investment Options

	SMC Global	Tradeplus
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

SMC Global Vs Tradeplus Order Type Offered

	SMC Global	Tradeplus
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 Tradeplus Research Report

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

SMC Global Vs Tradeplus Suitable For Investor Type

	SMC Global	Tradeplus
Casual Investor
Active Investor
Trader

SMC Global Vs Tradeplus - Pros and Cons

	SMC Global	Tradeplus
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.	Unlimited monthly trading plans available for frequent traders. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment. Low demat AMC or Rs 90 per month. Analysis tools available for intraday trading.
Cons	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews
Promo / Offers		Free Equity Delivery Trade + Flat Rs 9 intranet and F&O trade Get free equity delivery trading (zero brokerage) and pay flat Rs 9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.
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