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SMC Global Stock Trading, Demat, Brokerage and Reviews 2023


2.37% 163,802 Clients

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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 in Equities, Derivatives, Currency, Commodities, IPOs, Mutual Funds and Bonds, etc.

SMC Global Trades In: NSE, BSE, MCX, NCDEX and MCX-SX

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


SMC Global Trading Software (SMC Global Trading Platforms)

SMC Global offers different trading platforms to its customers:

  1. Browser based

    SMC Global offeres two browser based trading platform to their customers

    • Select

      This is a simple platform and most suitable for occasional traders. It's very economical and best for new investors. It does not require any software to be installed. Investor can trade on different exchanges using single platform. Also it offers services to invest in IPO and mutual funds.

    • Exclusive

      This trading platform ideal for active traders who trades frequently during day’s trading session. This platform is also browser based and does not require and software to be installed. Thay have all the features which are available in Select platform, also this paltform has real time streaming quotes facility on browser interface.

  2. Software based

    SMC Global also offeres software based trading platform to their customers

    • SMC Privilege

      SMC Privilege platform is an application based privileged online trading product. This is best for actively involved investors in the stock market who does the bulk trading. Similar to broker terminal, they offers comprehensive facilities on a single screen. In this platform trading terminal is available on your own desktop so investor gets the greater ease and time advantage.

  3. Mobile based

    SMC Global gives mobile trading to their investors. Using Mobile trading it's easy for investors to keep close eye on market as well as trade. Mobile based platforms are best for those investors who are on move most of the time. They just need to have 'Advance GPRS' activated on their mobile. This platform allows their investors to access instantly and manage trades through mobile phones and tablets. They offeres two mobile based trading platform to their customers.

    • Mobitrade

      This is very easy and user friendly interface. This platform offers to trade in Equities and Commodities using handheld mobile devices. SMC Mobitrade provides real time access to market information like Security Info, Contract info and Best Five. Also investor can stay connected with the stock markets on a real time basis from anywhere. Currently it supports 750+ mobile handsets. SMC mobitrade is available in two modes, Lite which is refresh based and Streaming which provides streaming quotes. SMC mobitrade is available on BSE, MCX Commodity & NCDEX.

    • Tabtrade

      This platform offers to trade in Equities and Commodities using iPad or android based tablet. SMC Tabtrade ia available on Trade in NSE Cash, NSE F&O, BSE Cash, BSE F&O, MCX, NCDEX & NSE Currency. They also have SMC Tabtrade Easy, a browser based platform, with real time fund transfer facility which is also designed specially for iPad and android based tablets. SMC Tabtrade Easy platform is best viewed and supported on browsers like Safari, Fire Fox Mozilla & Google Chrome.

 

Visit SMC Global Trading Software Review for more detail.

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

SMC Global Pros and Cons


SMC Global Pros (Advantages)

The following are the advantages of SMC Global. You must read SMC Global advantages and disadvantages before opening an account with SMC Global. SMC Global pros and cons help you find if it suits your investment needs.

  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.

SMC Global Cons (Disadvantages)

The following are the cons of SMC Global. Check the list of SMC Global drawbacks.

  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.
  4. Good Till Cancelled (GTC) and Good Till Date/Time (GTD) Orders are not available in equity segment.

SMC Global Margin Exposure

SMC Global margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. SMC Global F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for SMC Global F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure)1x

SMC Global Ratings

Overall Rating Rated 3.8 stars 3.8/5
Fees Rated 3.6 stars 3.6/5
Brokerage Rated 3.5 stars 3.5/5
Usability Rated 3.7 stars 3.7/5
Customer Service Rated 3.7 stars 3.7/5
Research Capabilities Rated 3.8 stars 3.8/5

Based on 33 Votes by SMC Global Customers

Do you trade with SMC Global? Rate SMC Global


SMC Global Complaint

The number of SMC Global customer complaint received by the exchanges. The SMC Global consumer complaint report helps understanding the SMC Global Limited quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2022-23 158,109 34 0.02%
BSE 2022-23 21,986 2 0.01%
NSE 2021-22 160,010 91 0.06%
BSE 2021-22 39,807 4 0.01%
NSE 2020-21 135,863 112 0.08%
NSE 2019-20 113,513 48 0.04%
BSE 2019-20 31,963 6 0.02%
NSE 2018-19 107,689 43 0.04%
BSE 2018-19 28,399 9 0.03%
NSE 2017-18 103,047 58 0.06%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit SMC Global Complaints at BSE, NSE and MCX for detail report.


Frequently Asked Questions

  1. 1. How to close SMC global account?

    SMC global account can be closed only through an offline process by following these steps:

    1. Download the account closure form.
    2. Fill the below details in the form:
      1. DP and Client ID.
      2. Trading Code.
      3. Names of the account holder.
      4. Address of the account holder.
      5. Reasons for closing the account.
    3. Sign the form. In the case of a joint Demat account, all holders must sign the closure form.
    4. Send the closure form to the address mentioned in the form.

    Points to note before submitting the closure request:

    • Clear outstanding dues to the broker, if any.
    • Transfer the securities to another Demat account or sell the holdings if you get a better price as desired.

     

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


140 Comments

140. Nikhil Sharma   I Like It. |Report Abuse|  Link|Jun 23, 2022 1:47:33 PMReply
Worst channel ever
All of the calls given in the premium channel were hitting stoploss
Never seen any channel giving such bad calls
139. viswa   I Like It. |Report Abuse|  Link|Jun 13, 2022 4:30:29 PMReply
Don't trust anybody in this company, all fraud, will suck out all your hared earned money, i lost 60K with in month, they keep saying that follow the PCR data, but it is bushtit, non of the trade earned profit, but SMC earned all commission, their staffs are inefficient, better you learn and trade don't trust this bushtit companies.
138. kamal gupta   I Like It. |Report Abuse|  Link|Feb 11, 2022 6:51:11 AMReply
Poor research high brokerage

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
137. Nirupa ben piyushbhai shojitra   I Like It. |Report Abuse|  Link|Jan 22, 2022 2:06:20 PMReply
SMC is wery poor brokrej kompny and he maid extra charjise

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
136. Pradee   I Like It. |Report Abuse|  Link|Jan 3, 2022 2:04:59 PMReply
Charges in in equity buy.
And sell is too much ...

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Average
135. Rohan Saha   I Like It. |Report Abuse|  Link|Oct 12, 2021 3:33:27 PMReply
Amazing services

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
134. Raju   I Like It. |Report Abuse|  Link|Sep 18, 2021 2:40:53 PMReply
I never opened account with but worked on advice for 3 consequitive month of nitik murarke chanel the strategy they share does hardly break even or mostly in loss I never subscribed after ist attempt and never trusted this or any broker in making money out of market there after
133. digvijaay sharrma   I Like It. |Report Abuse|  Link|Sep 4, 2021 3:39:23 PMReply
they dnt care abt there customers its been 1 yr approx they never ever contacted me for any kind of assistance after acc opening there main motive is to make money. I also joined nitin murarka paid telegram channel frm jan2021 to till date ppl of the grp including me are in loss of 50% capital 8 out of 10 trades hits SL and they dnt care yesterday after 8 mnth of this bad service i raise my voice regarding the paid grp and they blocked me and deleted me frm paid grp .this is there service.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
132. NADARAJAN M   I Like It. |Report Abuse|  Link|Jul 23, 2021 10:47:01 PMReply
The overall aspect can be improved except for customer service from the person handling my account.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Excellent
Overall Experience - Above Average
131. Pawan Kumar   I Like It. |Report Abuse|  Link|Jul 21, 2021 5:33:15 PMReply
Customer service

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Above Average
Overall Experience - Average
130. Minu   I Like It. |Report Abuse|  Link|Jul 21, 2021 4:17:02 PMReply
Best service

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
129. Sunil Kumar   I Like It. |Report Abuse|  Link|Jul 21, 2021 9:22:57 AMReply
Client service excellent

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
128. Shahnawaz Anwar   I Like It. |Report Abuse|  Link|Jul 20, 2021 11:44:29 PMReply
NA

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
127. Ankush   I Like It. |Report Abuse|  Link|Jul 20, 2021 11:06:30 PMReply
Best service...

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
126. Neetu   I Like It. |Report Abuse|  Link|Jul 20, 2021 10:10:44 PMReply
Good product service

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
125. Sameer Kumar   I Like It. |Report Abuse|  Link|Jul 20, 2021 9:09:23 PMReply
Awesome platform with very supportive team

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
124. Anjali sharma   I Like It. |Report Abuse|  Link|Jul 20, 2021 8:11:00 PMReply
Excellent service

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
123. Ganesh   I Like It. |Report Abuse|  Link|Jul 20, 2021 6:55:02 PMReply
V good services, and low brokrage and low year fee. For DP.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
122. Anu   I Like It. |Report Abuse|  Link|Jul 20, 2021 6:48:04 PMReply
Good service

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Above Average
Overall Experience - Excellent
121. Sandeep   I Like It. |Report Abuse|  Link|Jul 20, 2021 5:54:18 PMReply
Over all services are good.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

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