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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 Limited
	Zerodha Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	SMC Global Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

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 Rs 20 per executed...	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	Standard Plan
Broker Enquiry
Year of Incorporation	2010	1994
Number of Branches	22	2450

Zerodha Vs SMC Global Charges

	Zerodha	SMC Global Limited
Trading Account Opening Fees	₹200	Nil
Trading Account AMC	₹0 (Free)	Nil
Demat Account Opening Fees	₹100	Rs 499
Demat Account AMC	₹300	Rs 300
Demat Account is Mandatory?	No	No

Zerodha Vs SMC Global Brokerage

Brokerage Plan 1

	Zerodha	SMC Global Limited
Account Type	Standard 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	Rs.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	Rs.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%

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	₹20 per executed order

Zerodha Vs SMC Global Taxes

	Zerodha	SMC Global Limited
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)	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	Check table below
SEBI Charges	Rs 15 per Crore	Rs 15 per Crore
Goods and Services Tax (GST)	18% on (brokerage + transaction charges)	18% on (brokerage + transaction charges)
Stamp Duty	Charged as per the state of the client's correspondence address.	Charged as per the state of the client's correspondence address.

Zerodha Vs SMC Global Transaction Charges

	Zerodha	SMC Global Limited
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%) \| BSE ₹300 per Cr (0.003%) (each side)	0.0029%
Equity Options	NSE ₹5000 per Cr (0.05%) \| BSE ₹300 per Cr (0.003%) (on premium)	0.065% (on premium)
Currency Futures	NSE ₹90 per Cr (0.0009%) \| BSE ₹22 per Cr (0.00022%)	0.0029%
Currency Options	NSE ₹4000 per Cr (0.04%) \| 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 Limited
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 Limited
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 Limited
	348 Customer Reviews	13 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Zerodha is Rated 3.8 / 5 based on 348 customer reviews	SMC Global is Rated 3.8 / 5 based on 13 customer reviews

Contact Broker / Request A Call Back

	Zerodha	SMC Global Limited
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?	Name Phone # Email City Name State Are you a day trader?

Zerodha Vs SMC Global Investment Options

	Zerodha	SMC Global Limited
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 Limited
24/7 Customer Service
Onine Live Chat
Through Branches

Zerodha Vs SMC Global Order Type Offered

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

Zerodha Vs SMC Global Suitable For Investor Type

	Zerodha	SMC Global Limited
Casual Investor
Active Investor
Trader

Zerodha Vs SMC Global - Advantages and Disadvantages

Zerodha

SMC Global Limited

Pros

Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
Excellent trading platforms made available for free to all its customers.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
10% referral credit for reffering new customers.
Direct Mutual Fund Investment is available.
Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.

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 Rs 20 order.
Doesn't provide options to invest in IPO, Bond and NCD's public offers.
Margin funding is not available.
GTC/GTD not available in Equity.

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

Truly 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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