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 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
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
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
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%) | 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
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
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