The side-by-side comparison of Zerodha and SMC Global. Compare Zerodha Vs SMC Global brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Zerodha vs SMC Global?
Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).
Ze...
SMC Global
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 offices in Dubai. They have huge network of 50+ branches and 2,400 registered sub-brokers and authorized persons with a PAN-India presence.
SMC's Online Trading portal is one stop financial investment portal of SMC Global Ltd. They offers online trading...
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 | |
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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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Enquire Zerodha | Enquire SMC Global |
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 | |
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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 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 | |
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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 |
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 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 | |
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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% |
Enquire Zerodha | Enquire SMC Global |
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 | |
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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 |
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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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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Enquire Zerodha | Enquire SMC Global |
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 | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire Zerodha | Enquire SMC Global |
Zerodha | SMC Global | |
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Cons |
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Reviews | ||
Promo / Offers | Free Equity Delivery TradingGet 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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Enquire Zerodha | Enquire SMC Global |
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