SMC Global vs ShareKhan – Point by Point Comparison

Here we are comparing the two share market companies, SMC Global Limited and ShareKhan. Both are equally popular and trust worthy companies. Both of them offer full service brokerage. Full service brokerage implies that the broker would buy and sell stocks for you and make you understand what it’s all about. In both the companies we need to open the trading account. Cost of opening account in SMC Global Limited is Rs 1000 but in ShareKhan its Rs 750 along with Rs 450 annually as maintenance charges. For opening a Demat account both the companies charge an annual maintenance of Rs 300 and Rs 400 respectively. Both the companies charge very low broker charges. SMC Global Limited charges 0.30 per cent and SherKhan 0.50 per cent. Currency Future, Commodity charges, Equity Intraday charges charged by ShareKhan is 0.10% which is a bit more as compared to SMC Global Limited’s 0.03%. In currency option charges, SMC Global Limited charges 20 per lot and ShareKhan charges 100 per lot. So comparing both companies, SMC Global Limited is quiet ahead of ShareKhan but both are equally good to start your carrier in the share market.

SMC Global Limited ShareKhan
Basic Information Type of Broker Full Service Broker Full Service Broker
Fees for Opening Trading Account Rs. 1000 Rs. 750
Annual Maintenance Charges of Trading Account Nil Rs. 450
Fees for Opening Demat Account Nil Nil
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 400
Brokerage Charges Equity Delivery Charges 0.30% 0.50%
Equity Intraday Charges 0.03% 0.10%
Equity Future Charges 0.03% 0.10%
Equity Options Charges Rs. 70 per lot Rs. 100 per lot or 2.5% on premium, whichever is higher
Currency Futures Charges 0.03% 0.10%
Currency Options Charges Rs. 20 per lot Rs. 100 per lot or 2.5% on premium, whichever is higher
Commodity Charges 0.03% 0.10%
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% 0.1% from both sides
Equity Intraday 0.00% 0.03%
Equity Futures 0.00% 0.17% from selling side
Equity Options 0.065% on Premium 0.017% on premium from selling side
Currency Futures 0.00% 0.17% from selling side
Currency Options 0.065% on Premium 0.017% on premium from selling side
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 NA Y
Online Portfolio Y Y
Trading Platform Odin Diet Trade Tiger
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 Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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