Zerodha Vs SMC Global (Compare Zerodha and SMC Global)

Zerodha Vs SMC Global

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 1994, SMC Global is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX. It has 2450 branches across India.

	Zerodha	SMC Global
Type of Broker	Discount Broker	Full Service Broker
Supported Exchnages	NSE, BSE, MCX and NCDEX	NSE, BSE, MCX, NCDEX
Account Type	Flat Brokerage Plan
Year of Incorporation	2010	1994
Number of Branches	22	2450
Broker Enquiry
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Zerodha Vs SMC Global Charges & AMC

Zerodha trading account opening charges is Rs 200 while SMC Global account opening changes is Nil. Zerodha Demat Account AMC Charges is Rs 300 and SMC Global Demat Account AMC Charges is Rs 300.

	Zerodha	SMC Global
Trading Account Opening Charges	Rs 200	Nil
Trading Account AMC Charges	Rs 0 (Free)	Nil
Demat Account Opening Charges	Rs 0	Rs 499
Demat Account AMC Charges	Rs 300	Rs 300

Zerodha Vs SMC Global Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas SMC Global brokerage charges for equity is 0.3% and intraday is 0.03%.

	Zerodha	SMC Global
Account Type	Flat Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	Rs 0 (Free)	0.3%
Equity Intraday Brokerage	Rs 20 per executed order or .03% whichever is lower	0.03%
Equity Futures Brokerage	Rs 20 per executed order or .03% whichever is lower	0.03%
Equity Options Brokerage	Rs 20 per executed order	Rs 70 per lot
Currency Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	0.03%
Currency Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 20 per lot
Commodity Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	0.03%
Commodity Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	0.03%
Special Offer	Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer

Zerodha Charges Vs SMC Global

Minimum Brokerage Charges	0.03% in Intraday and F&O	Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 50 per executed order

Zerodha Vs SMC Global Transaction Charges

Zerodha transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while SMC Global exchange transaction charges for options is 0.065% (on premium).

	Zerodha	SMC Global
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	0.0035%
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	0.0035%
Equity Futures	NSE Rs 190 per Cr (0.0019%)	0.0029%
Equity Options	NSE Rs 5000 per Cr (0.05%) (on premium)	0.065% (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)	0.0029%
Currency Options	NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)	0.065% (on premium)
Commodity	Group A - Rs 260 per Cr (0.0026%)	0.0030%
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Zerodha Vs SMC Global Leverage (Margin)

Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the SMC Global margin for intraday cash is Upto 10x Intraday.

	Zerodha	SMC Global
Equity Delivery	1x (no margin)	Upto 3x
Equity Intraday	Up to 20x (based on the stock)	Upto 10x Intraday
Equity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Upto 2x
Equity Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	NA
Currency Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	NA
Currency Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	NA
Commodity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span	Upto 2x
Commodity Options
	Enquire Zerodha	Enquire SMC Global

Compare Zerodha and SMC Global Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. SMC Global offers SMC Privilege, Easy Trader, Mobitrader, Tab Trader trading software.

	Zerodha	SMC Global
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	Kite Web, Kite Mobile for Android/iOS and Coin	SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Intraday Square-off Time	Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Other Features	Direct Mutual Funds, APIs for Algo Trading
Referral Program
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Zerodha Vs SMC Global Review

Zerodha is rated 3.7 of 5 based on 409 customer reviews whereas SMC Global is rated 3.7 of 5 based on 16 customer reviews.

	Zerodha	SMC Global
	409 Customer Reviews	16 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 409 customer reviews	SMC Global is rated 3.7 of 5 based on 16 customer reviews

Zerodha Vs SMC Global Investment Options

	Zerodha	SMC Global
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Insurance

Zerodha Vs SMC Global Order Type Offered

	Zerodha	SMC Global
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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Zerodha Vs SMC Global Research Report

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

Zerodha Vs SMC Global Suitable For Investor Type

	Zerodha	SMC Global
Casual Investor
Active Investor
Trader

Zerodha Vs SMC Global - Pros and Cons

	Zerodha	SMC Global
Pros	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Excellent trading platforms (Kite) available for free. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Brokerage is 0.03% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges. Direct Mutual Fund Investment is available. Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX. Zerodha Referral Program offers 10% broekrage share to clients you refer. Good Till Triggered (GTT) order are available. These are simillar to GTC orders.	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.
Cons	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra Rs 50 order. Auto Square off is charged at extra Rs 50 order. Doesn't offer 3-in-1 account. Doesn't offer unlimited trading plans. Doesn't offer AMC Free Demat account.	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.
Reviews
Promo / Offers	Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
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