SBICAP Securities vs SMC Global – Point by Point Comparison

  SBICAP Securities SMC Global
Basic Information Type of Broker Full Service Broker Full Service Broker
Exchanges BSE, NSE BSE, NSE, MCX & NCDEX
Fees for Opening Trading Account Rs. 850 Rs. 1000
Annual Maintenance Charges of Trading Account NA Nil
Fees for Opening Demat Account Nil Nil
Annual Maintenance Charges of Demat Account Rs. 350 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. 100 per lot Rs. 70 per lot
Currency Futures Charges 0.03% 0.03%
Currency Options Charges Rs. 30 per lot Rs. 20 per lot
Commodity Charges NA 0.03%
Minimum Brokerage Charges Re. 0.05% for cash & Re. 0.01 for future Rs. 25 per transaction or 2.5% of the transaction value, whichever is lower
Transaction Charges Equity Delivery For BSE: 0.00384% & NSE: 0.00386% 0.00%
Equity Intraday For BSE: 0.00384% & NSE: 0.00386% 0.00%
Equity Futures For NSE: 0.002206% (i.e. Rs. 221 per crore) 0.00%
Equity Options For NSE: 0.05515% (i.e. Rs. 5515 per crore) 0.065% on Premium
Currency Futures 0.00% 0.00%
Currency Options For NSE: 0.05515% (i.e. Rs. 5515 per crore) 0.065% on Premium
Commodity NA 0.00%
Features 3-in-1 Account Y N
Mobile Trading N Y
Acceptance of Orders After Trading Hours N Y
SMS Alerts Y Y
Online Demo Y NA
Online Portfolio Y Y
Trading Platform ODIN Odin Diet
Investment Services Stock/ Equity Y Y
Commodity N 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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