SMC Global Limited vs Geojit BNP Paribas – Point by Point Comparison

The type of services offered by both the companies is full service broker. Both use exchanges like BSE, NSE. MCX. SMC Global charges a fee of 1000 INR whereas Geojit BNP Paribas charge a fee of Rs 800. Annual Maintenance charge and cost for opening a Demat account is zero. Like other companies, these companies also charge annual maintenance cost for Demat account of Rs 300 and Rs 350 respectively. Minimum brokerage cost charged by SMC Global is 25 INR per transaction and in case of Geojit BNP Paribas its Rs 20 per transaction. Equity Delivery charges are same for both the companies, 0.30%. Neither of the company charges Equity Intraday and Equity Future and currency future charges. Trading platform used by SMC Global is Odin Diet and by Geojit BNP Paribas is Flip platinum. SMS alert facility is available in both the companies. Mobile trading is allowed as well in both the companies. Geojit BNP Paribas has online demo class which gives a clear view of everything. Both the companies are among the top companies in the share market.

SMC Global Limited Geojit BNP Paribas
Basic Information Type of Broker Full Service Broker Full Service Broker
Fees for Opening Trading Account Rs. 1000 Rs. 800
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Nil Nil
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 350
Brokerage Charges Equity Delivery Charges 0.30% 0.30%
Equity Intraday Charges 0.03% 0.03%
Equity Future Charges 0.03% 0.03%
Equity Options Charges Rs. 70 per lot Rs. 75 per lot
Currency Futures Charges 0.03% Rs. 10 to Rs. 15 (vary as per contract)
Currency Options Charges Rs. 20 per lot Rs. 10 to Rs. 15 (vary as per contract)
Commodity Charges 0.03% NA
Minimum Brokerage Charges Rs. 25 per transaction or 2.5% of the transaction value, whichever is lower Re. 0.01 per share or Rs. 20 per contract, whichever is higher
Transaction Charges Equity Delivery 0.00% 0.00%
Equity Intraday 0.00% 0.00%
Equity Futures 0.00% 0.00%
Equity Options 0.065% on Premium 0.055% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.065% on Premium 0.0473% on Premium
Commodity 0.00% NA
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 NA Y
Online Portfolio Y Y
Trading Platform Odin Diet Flip Platinum
Investment Services Stock/ Equity Y Y
Commodity Y N
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD Y NA
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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