Religare vs SMC Global Limited – Point by Point Comparison

The two companies, Religare and SMC Global, have achieved great success by their overall good performance of providing excellent platform for each and every client. Both the companies offer full service brokers which means guiding and explaining all the consequences and providing time for the client to understand everything. They guide you in such a systematic way that everything gets recorded in your mind. Both the companies allow exchanges of BSE, NSE, and MCX. Fee charged by Religare and SMC Global Limited is 500 INR and 1000 INR respectively. Like other good companies, these companies also do not charge annual maintenance cost and cost for opening a Demat account. Equity Intraday Charges, Equity Future Charges, Currency Future Charges, Commodity Charges are 0.05% for Religare and 0.03% for SMC Global Limited respectively on brokerage charges. Equity option charges are same for both the companies, Re. 70 per lot. Religare and SMC Global Limited do not charge for Equity delivery, Equity Intraday, Equity Future on transaction charges. Trading platform of both the companies are same i.e. Odin Diet. Share market lovers should join either of the companies and increase investment as well and start earning at a fast rate.

    Religare SMC Global Limited
Basic Information Type of Broker Full Service Broker Full Service Broker
Exchanges BSE, NSE, MCX & NCDEX BSE, NSE, MCX & NCDEX
Fees for Opening Trading Account Rs. 500 Rs. 1000
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Nil Nil
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 300
Brokerage Charges Equity Delivery Charges 0.50% 0.30%
Equity Intraday Charges 0.05% 0.03%
Equity Future Charges 0.05% 0.03%
Equity Options Charges Rs. 70 per lot Rs. 70 per lot
Currency Futures Charges 0.05% 0.03%
Currency Options Charges Rs. 30 per lot Rs. 20 per lot
Commodity Charges 0.05% 0.03%
Minimum Brokerage Charges Re. 0.01 per share Rs. 25 per transaction or 2.5% of the transaction value, whichever is lower
Transaction Charges Equity Delivery 0.00% 0.00%
Equity Intraday 0.00% 0.00%
Equity Futures 0.00% 0.00%
Equity Options 0.06% on Premium 0.065% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.06% on Premium 0.065% on Premium
Commodity 0.00% 0.00%
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts Y Y
Online Demo Y NA
Online Portfolio Y Y
Trading Platform Odin Diet Odin Diet
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD Y Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N N
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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