With a wide range of investment services like Equity Trading, Commodities, Mutual Funds, Debt, IPO, bond available, SMC Global and Angel Broking serve to be great online share trading portals. Unlike discount brokers, they are both full service brokers. Both provide reports on daily market investments and results on quarterly analysis.
Angel Broking offers many different trading platforms like Angel swift, Angel eye, Speed pro and Angel Lite, whereas SMC Global uses ODIN diet as its platform.
Mobile trading on NSE is not available for SMC Global. Do not expect an online chart from Angel Broking, therefore online money transfer to bank account from a trading account is not possible. However, cell phone apps are available on Angle Broking to allow trading on mobile phone.
Angel Broking, unlike SMC Global charges no fee for opening a trading account.
Despite the fact that the transaction charges are zero for full service brokers, the brokerage charges in both the cases vary. Under the transaction charges, the turn-up for Equity and currency options are 0.065% on premiums with SMC Global trading indifferent to 0.05% with the other. Take a note that SMC Global has a minimum brokerage charge higher than Angel Broking.
|SMC Global||Angel Broking|
|Basic Information||Type of Broker||Full Service Broker||Full Service|
|Exchanges||BSE, NSE, MCX & NCDEX||BSE, NSE, MCX, MCX-SX|
|Fees for Opening Trading Account||Rs. 1000||Rs. 600|
|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||0.30%||0.1% to 0.4%|
|Equity Intraday Charges||0.03%||0.1% to 0.4%|
|Equity Future Charges||0.03%||0.1% to 0.4%|
|Equity Options Charges||Rs. 70 per lot||Rs. 30 to Rs. 50 per lot|
|Currency Futures Charges||0.03%||0.1% to 0.4%|
|Currency Options Charges||Rs. 20 per lot||Rs. 12 to Rs. 15 per lot|
|Commodity Charges||0.03%||0.1% to 0.4%|
|Minimum Brokerage Charges||Rs. 25 per transaction or 2.5% of the transaction value, whichever is lower||Rs. 0.10 per share|
|Transaction Charges||Equity Delivery||0.00%||0.00%|
|Equity Options||0.065% on Premium||0.05% on Premium|
|Currency Options||0.065% on Premium||0.05% on Premium|
|Commodity||0.00%||For MCX: 0.0015%, for MCX-SX: 0.0001% & for NCDEX: 0.0030%|
|Acceptance of Orders After Trading Hours||Y||Y|
|Trading Platform||Odin Diet||Angel Lite, Angel Swift, Angel Eye & Speed Pro|
|Investment Services||Stock/ Equity||Y||Y|
|IPO (Initial Public Offers)||Y||Y|
|Customer Support||24/7 Customer Support||N||N|
|Online Live Chat||N||Y|
|Reports||Daily Market Report||Y||Y|
|Quarterly Analysis of Results||Y||Y|