SMC Global Vs Yes Securities (Compare SMC Global and Yes Securities)

SMC Global Vs Yes Securities

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 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.

	SMC Global	Yes Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	NSE, BSE, MCX, NCDEX	BSE, NSE
Year of Incorporation	1994	2013
Number of Branches	2450	52
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SMC Global Vs Yes Securities Charges & AMC

SMC Global trading account opening charges is Nil while Yes Securities account opening changes is Rs 999. SMC Global Demat Account AMC Charges is Rs 300 and Yes Securities Demat Account AMC Charges is Rs 500.

	SMC Global	Yes Securities
Trading Account Opening Charges	Nil	Rs 999
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Rs 499	Rs 0
Demat Account AMC Charges	Rs 300	Rs 500

SMC Global Vs Yes Securities Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides).

	SMC Global	Yes Securities
Account Type		INVEST Value Plan
Fixed Charges
Equity Delivery	0.3%	0.45%
Equity Intraday	0.03%	0.05%(both Sides)
Equity Futures	0.03%	0.05% | Intraday - 0.02%
Equity Options	Rs 70 per lot	Rs 75 per lot | Intraday - Rs 25 per lot
Currency Futures	0.03%	0.05% | Intraday - 0.02%
Currency Options	Rs 20 per lot	Rs 75 per lot | Intraday - Rs 25 per lot
Commodity Futures	0.03%	NA
Commodity Options	0.03%	NA
Special Offer

SMC Global Vs Yes Securities Brokerage Plan 2

	SMC Global	Yes Securities
Account Type		INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover)
Fixed Charges
Equity Delivery	0.3%	0.40%
Equity Intraday	0.03%	0.04%
Equity Futures	0.03%	0.04% | Intraday - 0.02%
Equity Options	Rs 70 per lot	Rs 70 per lot | Intraday - Rs 25 per lot
Currency Futures	0.03%	0.04% | Intraday - 0.02%
Currency Options	Rs 20 per lot	Rs 70 per lot | Intraday - Rs 25 per lot
Commodity Futures	0.03%	NA
Commodity Options	0.03%	NA
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SMC Global Charges Vs Yes Securities

Minimum Brokerage	Rs 25 per trade or 2.5% of the trade value whichever is lower	Rs 25 or 2.5% of Trade Value whichever is lower
Other Charges
Call & Trade Charges		Additional Rs 25 per executed order

SMC Global Vs Yes Securities Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while Yes Securities exchange transaction charges for options is 0.053% (on premium).

	SMC Global	Yes Securities
Equity Delivery	0.0035%	0.00325%
Equity Intraday	0.0035%	0.00325%
Equity Futures	0.0029%	0.002%
Equity Options	0.065% (on premium)	0.053% (on premium)
Currency Futures	0.0029%	0.00125%
Currency Options	0.065% (on premium)	0.0435% (on premium)
Commodity	0.0030%	0.0030%
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SMC Global Vs Yes Securities 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 Yes Securities 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	Yes Securities
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 Yes Securities Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. Yes Securities offers YesInvest (Website), Yes Trader (Mobile App) trading software.

	SMC Global	Yes Securities
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	YesInvest (Website), Yes Trader (Mobile App)
Intraday Square-off Time
Other Features
Referral Program
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SMC Global Vs Yes Securities Review

SMC Global is rated 3.7 of 5 based on 16 customer reviews whereas Yes Securities is rated 2.0 of 5 based on 2 customer reviews.

	SMC Global	Yes Securities
	16 Customer Reviews	2 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SMC Global is rated 3.7 of 5 based on 16 customer reviews	Yes Securities is rated 2.0 of 5 based on 2 customer reviews

SMC Global Vs Yes Securities Investment Options

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

SMC Global Vs Yes Securities Order Type Offered

	SMC Global	Yes Securities
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 Yes Securities Research Report

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

SMC Global Vs Yes Securities Suitable For Investor Type

	SMC Global	Yes Securities
Casual Investor
Active Investor
Trader

SMC Global Vs Yes Securities - Pros and Cons

	SMC Global	Yes Securities
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.	Part of the prestigious Yes Bank. Full-service broker offering dedicated RM to all customers. Offer 3-in-1 investment account for seamless transactions between bank, trading and demat account. Neighborhood support is available through 50+ branches.
Cons	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.	Very expensive brokerage charges Doesn't offer commodity trading at MCX. Minimum brokerage of Rs 25. Call & Trade is available for an additional Rs 25 per executed order. Doesn't provide 'Installable Trading Terminal' software to customers.
Reviews
Promo / Offers
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