Zerodha Vs SMC Global (Compare Zerodha and SMC Global)

The side-by-side comparison of Zerodha and SMC Global. Compare Zerodha Vs SMC Global brokerage, charges, exposure margin, demat account. Read SMC Global and Zerodha review.

Find out Zerodha Vs SMC Global which is better and Zerodha Vs SMC Global which is best.

Our Zerodha comparison with SMC Global Limited highlights the major differences between two brokers. Find the best between Zerodha and SMC Global.

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Zerodha Vs SMC Global

  Zerodha SMC Global
Find more info about broker
Zerodha Logo SMC Global Limited Logo
About the Broker Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o... Know more about Zerodha 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 office... Know more about SMC Global Limited
Type of Broker Discount Broker Full Service Broker
Supported Exchnage NSE, BSE, MCX and NCDEX NSE, BSE, MCX, NCDEX
Account Type Flat Brokerage Plan
Broker Enquiry Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you. Open an Online Trading Account with SMC Global. Leave your contact info and we will get in touch with you.
Year of Incorporation 2010 1994
Number of Branches 22 2450
Enquire Zerodha Enquire SMC Global
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Zerodha Vs SMC Global Charges

  Zerodha SMC Global
Trading Account Opening Fees ₹200 Nil
Trading Account AMC ₹0 (Free) Nil
Demat Account Opening Fees ₹0 ₹499
Demat Account AMC ₹300 ₹300
Demat Account is Mandatory? No No
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Zerodha Vs SMC Global Brokerage

Brokerage Plan 1

  Zerodha SMC Global
Account Type Flat Brokerage Plan
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) 0.3%
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower 0.03%
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower 0.03%
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹70 per lot
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower 0.03%
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹20 per lot
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower 0.03%
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower 0.03%
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Other Charges

Minimum Brokerage Charges ₹0 Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges ₹50 per executed order
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Zerodha Vs SMC Global Taxes

  Zerodha SMC Global
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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Zerodha Vs SMC Global Transaction Charges

  Zerodha SMC Global
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) 0.0035%
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) 0.0035%
Equity Futures NSE ₹190 per Cr (0.0019%) 0.0029%
Equity Options NSE ₹5000 per Cr (0.05%) 0.065% (on premium)
Currency Futures NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%) 0.0029%
Currency Options NSE ₹70 per Cr (0.0007%) | BSE ₹100 per Cr (0.001%) (on premium) 0.065% (on premium)
Commodity Group A - ₹260 per Cr (0.0026%) 0.0030%
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Zerodha Vs SMC Global Exposure Margin

  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
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Zerodha and SMC Global Feature Comparison

  Zerodha SMC Global
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes
Online Portfolio No Yes
Margin Trading Funding Available No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Intraday Square-off Time 3:10 PM
Other Features Direct Mutual Funds, APIs
Referral Program Yes
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Zerodha Vs SMC Global Review

  Zerodha SMC Global
  369 Customer Reviews    Rate Zerodha 14 Customer Reviews    Rate SMC Global
Fees 3.8 3.9
Trading Brokerage 4.3 3.4
Trading Platform Usability 3.6 3.9
Customer Service 3.5 3.8
Research Capabilities 2.0
Overall Ratings Rated 3.7 stars Rated 3.9 stars
Broker Rating Zerodha is Rated 3.7 / 5 based on 369 customer reviews SMC Global is Rated 3.9 / 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Enquire SMC Global Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Leave your contact information and we will get in touch with you....

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Zerodha Vs SMC Global Investment Options

  Zerodha SMC Global
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options Insurance
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Zerodha Vs SMC Global Customer Service

  Zerodha SMC Global
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No Yes
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Zerodha Vs SMC Global Order Type Offered

  Zerodha SMC Global
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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Zerodha Vs SMC Global Research Report

  Zerodha SMC Global
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Zerodha Vs SMC Global Suitable For Investor Type

  Zerodha SMC Global
Casual Investor
Active Investor Yes
Trader Yes
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Zerodha Vs SMC Global - Advantages and Disadvantages

  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 0.01% or ₹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.

More Advantages...

  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.

More Advantages...

Cons
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra ₹50 order.
  • Auto Square off is charged at extra ₹50 order.
  • Doesn't offer 3-in-1 account.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer AMC Free Demat account.

More Disadvantages...

  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.

More Disadvantages...

Reviews
Promo / Offers

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹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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