Quick Comparision (SMC Global
VS Definedge Securities)
SMC Global
SMC Global Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
SMC Global
Definedge Securities
Single Margin Facility
Year of Incorporation
1990
2015
Exchanges
BSE, NSE, MCX and NCDEX
NSE, BSE, MCX and NCDEX.
Branches
50+
270
Brokerage
0.03%
₹18 per executed order
Broker Type
Full Service Broker
Discount Broker
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Commodity Futures
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
0.03% or ₹18 per executed order whichever is lower
Currency Futures
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
0.03% or ₹18 per executed order whichever is lower
Equity Delivery
Elite-0.15%(Brokerage cash back-50k) |Premia-0.20%(Brokerage cash back-25k) Preferred-0.30%(Brokerage cash back-10k) |Lite-Basic-0.35%(Brokerage cash back-2.5k)|Basic-0.40%(Brokerage cash back-1k)
₹0 (Free)
Equity Options
Elite-₹30/Lot (Brokerage cash back-50k) |Premia-₹40/Lot(Brokerage cash back-25k) Preferred- ₹50/Lot(Brokerage cash back-10k) |Lite-Basic-₹60/Lot(Brokerage cash back-2.5k)|Basic-₹75/Lot(Brokerage cash back-1k)
₹18 per executed order
Commodity Options
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
₹18 per executed order
Equity Futures
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
0.03% or ₹18 per executed order whichever is lower
Currency Options
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
₹18 per executed order
Fixed Charges
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
₹18 per executed order
Equity Intraday
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
0.03% or ₹ 18 per executed order whichever is lower
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
RMS Square Off Charge
₹0 (Free)
₹0 (Free)
API Charges
N/A
₹0 (Free)
Call & Trade Charges
₹0 (Free)
₹36/- per order
Other Brokerage Charges
Elite-0.015% | Premia-0.02% | Preferred- 0.03% | Lite-Basic-0.035% | Basic-0.04%
₹18 per executed order
Minimum Brokerage
0.03%
₹18 per executed order
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Currency Options
0.065% (on premium)
NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium)
Equity Futures
0.0029%
NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side
Equity Intraday
0.0035%
NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side)
Equity Options
0.065% (on premium)
NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium)
Commodity
0.0030%
MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%)
Currency Futures
0.0029%
NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%)
Equity Delivery
0.0035%
NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side)
Call Back
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SMC Global
Definedge Securities
Equity Options
1x (100% of NRML margin (Span + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Intraday
5x (Up to 20% of trade value)
5x (Up to 20% of trade value)
Currency Options
1x (100% of NRML margin (Span + Exposure)
1x (100% of Normal margin (Span + Exposure)
Commodity Options
1x (100% of NRML margin (Span + Exposure)
1x (100% of Normal margin (Span + Exposure)
Commodity Futures
1x (100% of NRML margin (Span + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Delivery
1x (100% of trade value)
1x (100% of trade value)
Currency Futures
1x (100% of NRML margin (Span + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Futures
1x (100% of NRML margin (Span + Exposure)
1x (100% of Normal margin (Span + Exposure)
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time
Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform
1.SMC ACE- Mobile App 2.SMC Privilege 3.Browser based- Select, Exclusive.
1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back
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Enquiry with Definedge Securities
SMC Global
Definedge Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back
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Enquiry with Definedge Securities
SMC Global
Definedge Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back
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Enquiry with Definedge Securities
SMC Global
Definedge Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back
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SMC Global
Definedge Securities
Daily Market Reports & News
Call Back
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Enquiry with Definedge Securities
SMC Global
Definedge Securities
Casual Investor
Active Investor
Trader
Call Back
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Enquiry with Definedge Securities
SMC Global
Definedge Securities
Pros
1.Research support by a pool of skilled research analysts 2. Call and trade facility is also available 3.Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders 4.Competitive brokerage rates. 5.SMS service providing intraday research support to the clients
1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support.
Cons
1.They don't offer 3 in 1 account 2.There charge extra for their featured products 3.Advanced charting is not available in the app
1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners.
Call Back
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Enquiry with Definedge Securities
SMC Global
Definedge Securities
Commodity Futures
0.01% on sell side (Non-Agri)
0.01% on sell side (Non-Agri)
Currency Futures
No STT
No STT
Equity Intraday
0.025% on the sell side
0.025% on the sell Side
Equity Options
0.05% on sell side (on Premium)
0.05% on sell Side
Currency Options
No STT
No STT
Equity Delivery
0.1% on buy & sell
0.1% on both buy and sell
Equity Futures
0.01% on sell side
0.01% on sell Side
Commodity Options
0.05% on sell side
0.05% on sell side
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Equity Demat Transaction Charges
₹15 + GST per scrip only on sell
₹0 (Free)
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO)
18% on (Brokerage + Transaction Charge)
18% (on brokerage + transaction charges)
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/Crore
₹10/ Crore
Call Back
Open Account
Enquiry with Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Enquiry with Definedge Securities
SMC Global
Definedge Securities
SMC Global Review | Brokerage Charges, Account Opening
SMC Global Securities Limited is the joint venture of Mr. Subhash C. Aggarwal and Mahesh C. Gupta who were the members of the institute of Chartered Accountants of India. SMC global about to be new one shop investment platform established in 1990 as a financial service provider. SM ..
+ " Vs "+ Definedge Securities
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms
Read more..
SMC Global
Definedge Securities
Commodity Futures
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
0.03% or ₹18 per executed order whichever is lower
Currency Futures
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
0.03% or ₹18 per executed order whichever is lower
Equity Delivery
Elite-0.15%(Brokerage cash back-50k) |Premia-0.20%(Brokerage cash back-25k) Preferred-0.30%(Brokerage cash back-10k) |Lite-Basic-0.35%(Brokerage cash back-2.5k)|Basic-0.40%(Brokerage cash back-1k)
₹0 (Free)
Equity Options
Elite-₹30/Lot (Brokerage cash back-50k) |Premia-₹40/Lot(Brokerage cash back-25k) Preferred- ₹50/Lot(Brokerage cash back-10k) |Lite-Basic-₹60/Lot(Brokerage cash back-2.5k)|Basic-₹75/Lot(Brokerage cash back-1k)
₹18 per executed order
Commodity Options
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
₹18 per executed order
Equity Futures
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
0.03% or ₹18 per executed order whichever is lower
Currency Options
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
₹18 per executed order
Fixed Charges
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
₹18 per executed order
Equity Intraday
Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k)
0.03% or ₹ 18 per executed order whichever is lower
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Equity Options
1x (100% of NRML margin (Span + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Intraday
5x (Up to 20% of trade value)
5x (Up to 20% of trade value)
Currency Options
1x (100% of NRML margin (Span + Exposure)
1x (100% of Normal margin (Span + Exposure)
Commodity Options
1x (100% of NRML margin (Span + Exposure)
1x (100% of Normal margin (Span + Exposure)
Commodity Futures
1x (100% of NRML margin (Span + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Delivery
1x (100% of trade value)
1x (100% of trade value)
Currency Futures
1x (100% of NRML margin (Span + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Futures
1x (100% of NRML margin (Span + Exposure)
1x (100% of Normal margin (Span + Exposure)
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
RMS Square Off Charge
₹0 (Free)
₹0 (Free)
API Charges
N/A
₹0 (Free)
Call & Trade Charges
₹0 (Free)
₹36/- per order
Other Brokerage Charges
Elite-0.015% | Premia-0.02% | Preferred- 0.03% | Lite-Basic-0.035% | Basic-0.04%
₹18 per executed order
Minimum Brokerage
0.03%
₹18 per executed order
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Commodity Futures
0.01% on sell side (Non-Agri)
0.01% on sell side (Non-Agri)
Currency Futures
No STT
No STT
Equity Intraday
0.025% on the sell side
0.025% on the sell Side
Equity Options
0.05% on sell side (on Premium)
0.05% on sell Side
Currency Options
No STT
No STT
Equity Delivery
0.1% on buy & sell
0.1% on both buy and sell
Equity Futures
0.01% on sell side
0.01% on sell Side
Commodity Options
0.05% on sell side
0.05% on sell side
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Equity Demat Transaction Charges
₹15 + GST per scrip only on sell
₹0 (Free)
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO)
18% on (Brokerage + Transaction Charge)
18% (on brokerage + transaction charges)
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/Crore
₹10/ Crore
Call Back
Open Account
Enquiry with Definedge Securities
SMC Global
Definedge Securities
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time
Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform
1.SMC ACE- Mobile App 2.SMC Privilege 3.Browser based- Select, Exclusive.
1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund
Call Back
Open Account
Enquiry with Definedge Securities