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.
Zerodha Vs SMC Global
Zerodha
SMC Global
Find more info about broker
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...
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...
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
Year of Incorporation
2010
1994
Number of Branches
22
2450
Enquire Zerodha
Enquire SMC Global
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
Zerodha Vs SMC Global Brokerage
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
Zerodha Vs SMC Global Taxes
Zerodha
SMC Global
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% 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.
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%
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
Zerodha and SMC Global Feature Comparison
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 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
Zerodha Vs SMC Global Review
Zerodha
SMC Global
369 Customer Reviews
14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
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
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 Customer Service
Zerodha
SMC Global
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - 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...
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...
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...
Mobile trading on NSE is not available.
They don't offer 3 in 1 account.
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.
Zerodha
Zero Account Opening Fee