Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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3.52% 188,959 Clients
Zerodha (Flat Rs 20 Per Trade)
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 (Flat Rs 20 Per Trade)
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 offers different trading platforms to its customers:
SMC Global offeres two browser based trading platform to their customers
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.
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.
SMC Global also offeres software based trading platform to their customers
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.
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.
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.
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 (Flat Rs 20 Per Trade)
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.
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.
The following are the cons of SMC Global. Check the list of SMC Global drawbacks.
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.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value for T+5 days | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure + Delivery margin) | 1x |
| Overall Rating |  3.9/5 |
| Fees |  3.6/5 |
| Brokerage |  3.5/5 |
| Usability |  3.8/5 |
| Customer Service |  3.7/5 |
| Research Capabilities | 3.9/5 |
Based on 35 Votes by SMC Global Customers
Do you trade with SMC Global? Rate SMC Global
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 | 2024-25 | 188,959 | 79 | 0.04% |
| NSE | 2023-24 | 182,535 | 84 | 0.05% |
| BSE | 2023-24 | 77,269 | 13 | 0.02% |
| NSE | 2022-23 | 153,078 | 61 | 0.04% |
| BSE | 2022-23 | 43,229 | 13 | 0.03% |
| 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% |
* 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.
SMC global account can be closed only through an offline process by following these steps:
Points to note before submitting the closure request:
Zerodha (Flat Rs 20 Per Trade)
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.
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| Link|June 6, 2024 3:43:51 PM
|| Link|October 29, 2020 1:58:33 AM
|| Link|February 7, 2024 7:16:17 PM
Are you a Zerodha Customer?
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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Ratings:
Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor