Quick Comparision (Zerodha VS SMC Global)

Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

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.

	Zerodha	SMC Global
Single Margin Facility
Year of Incorporation	2010	1990
Exchanges	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX and NCDEX
Branches	120+	50+
Brokerage	₹20/ Order or 0.03%	0.03%
Broker Type	Discount Broker	Full Service Broker
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
Trading Account Opening Charge	₹200	₹0 (Free)
Demat Account Opening Charge	₹200	₹0 (Free)
Demat Account AMC	₹300/Year + GST charged quarterly (90 days)	₹0 (Free)
Trading Account AMC	₹0 (Free)	₹0 (Free)
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
Commodity Futures	₹20/ Order or 0.03% (whichever is lower)	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)
Currency Futures	₹20/ Order or 0.03% (whichever is lower)	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)
Equity Delivery	Zero Brokerage	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)
Equity Options	₹20/ Order	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)
Commodity Options	₹20/ Order or 0.03%(whichever is lower)	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)
Equity Futures	₹20/ Order or 0.03% (whichever is lower)	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)
Currency Options	₹20/ Order or 0.03% (whichever is lower)	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)
Fixed Charges	₹20/Order	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)
Equity Intraday	₹20/ Order or 0.03% (whichever is lower)	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)
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
RMS Square Off Charge	(₹50 + GST)	₹0 (Free)
API Charges	₹2000/ Month	N/A
Call & Trade Charges	₹50/ Order	₹0 (Free)
Other Brokerage Charges	₹20 or 0.03% (whichever is lower)	Elite-0.015% \| Premia-0.02% \| Preferred- 0.03% \| Lite-Basic-0.035% \| Basic-0.04%
Minimum Brokerage	₹20/ Order	0.03%
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
Currency Options	NSE: Exchange txn charge: 0.035% \| BSE: Exchange txn charge: 0.001%	0.065% (on premium)
Equity Futures	NSE: 0.002%	0.0029%
Equity Intraday	NSE: 0.00345% \| BSE: 0.00345%	0.0035%
Equity Options	NSE: 0.053% (on premium)	0.065% (on premium)
Commodity	Group A Exchange txn charge: 0.0026% \|Group B: Exchange txn charge \| CASTORSEED - 0.0005% \|KAPAS - 0.0026% \| PEPPER - 0.00005% \|RBDPMOLEIN - 0.001%	0.0030%
Currency Futures	NSE: Exchange txn charge: 0.0009% \| BSE: Exchange txn charge: 0.00022%	0.0029%
Equity Delivery	NSE: 0.00345% \| BSE: 0.00345%	0.0035%
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
Equity Options	1x (100% of NRML margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
Equity Intraday	5x (20% margin)	5x (Up to 20% of trade value)
Currency Options	1x (100% of NRML margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
Commodity Options	1x(100% of NRML margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
Commodity Futures	1x (100% of NRML margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
Equity Delivery	1x (no margin)	1x (100% of trade value)
Currency Futures	1x (100% of NRML margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
Equity Futures	1x (100% of NRML margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
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 Cash: 3:20 PM \| Equity F&O : 3:25 PM \| Currency: 4:45 PM \| Commodities: 25 min before close	Equity & F&O:- 3:20pm \| Currency: 4:30PM \| Commodities: 11:20 PM
Trading Platform	Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel	1.SMC ACE- Mobile App 2.SMC Privilege 3.Browser based- Select, Exclusive.
SMS Alerts for Trades
Direct Mutual Fund
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
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 Open Account	Call Back Open Account

	Zerodha	SMC Global
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
Daily Market Reports & News
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
Casual Investor
Active Investor
Trader
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
Pros	1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers.	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
Cons	1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment	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
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
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 (on Premium)
Currency Options	No STT	No STT
Equity Delivery	0.1% on buy & sell	0.1% on buy & 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	Call Back Open Account

	Zerodha	SMC Global
Equity Demat Transaction Charges	₹13.5 + Gst per scrip (stock)	₹15 + GST per scrip only on sell
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
Equity/Currencies/Commodities ( Delivery & FNO)	Equity:- 18% on (brokerage + SEBI charges + transaction charges) \| Currency & Commodities:- 18% on (brokerage + transaction charges)	18% on (Brokerage + Transaction Charge)
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
Equity/Currencies/Commodities ( Delivery & FNO)	₹10/ Crore + GST \| Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST	₹10/Crore
	Call Back Open Account	Call Back Open Account

Zerodha

SMC Global

Trading Account Opening Charge

₹200

₹0 (Free)

Demat Account Opening Charge

₹200

₹0 (Free)

Demat Account AMC

₹300/Year + GST charged quarterly (90 days)

₹0 (Free)

Trading Account AMC

₹0 (Free)

Call Back Open Account

	Zerodha	SMC Global
	Zerodha Review 2024 Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more..	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 .. Read more..

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	Zerodha	SMC Global
Commodity Futures	₹20/ Order or 0.03% (whichever is lower)	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)
Currency Futures	₹20/ Order or 0.03% (whichever is lower)	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)
Equity Delivery	Zero Brokerage	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)
Equity Options	₹20/ Order	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)
Commodity Options	₹20/ Order or 0.03%(whichever is lower)	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)
Equity Futures	₹20/ Order or 0.03% (whichever is lower)	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)
Currency Options	₹20/ Order or 0.03% (whichever is lower)	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)
Fixed Charges	₹20/Order	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)
Equity Intraday	₹20/ Order or 0.03% (whichever is lower)	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)
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
Equity Options	1x (100% of NRML margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
Equity Intraday	5x (20% margin)	5x (Up to 20% of trade value)
Currency Options	1x (100% of NRML margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
Commodity Options	1x(100% of NRML margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
Commodity Futures	1x (100% of NRML margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
Equity Delivery	1x (no margin)	1x (100% of trade value)
Currency Futures	1x (100% of NRML margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
Equity Futures	1x (100% of NRML margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
	Call Back Open Account	Call Back Open Account

	Zerodha	SMC Global
RMS Square Off Charge	(₹50 + GST)	₹0 (Free)
API Charges	₹2000/ Month	N/A
Call & Trade Charges	₹50/ Order	₹0 (Free)
Other Brokerage Charges	₹20 or 0.03% (whichever is lower)	Elite-0.015% \| Premia-0.02% \| Preferred- 0.03% \| Lite-Basic-0.035% \| Basic-0.04%
Minimum Brokerage	₹20/ Order	0.03%
	Call Back Open Account

	Zerodha	SMC Global
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 (on Premium)
Currency Options	No STT	No STT
Equity Delivery	0.1% on buy & sell	0.1% on buy & 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

	Zerodha	SMC Global
Equity Demat Transaction Charges	₹13.5 + Gst per scrip (stock)	₹15 + GST per scrip only on sell
	Call Back Open Account

	Zerodha	SMC Global
Equity/Currencies/Commodities ( Delivery & FNO)	Equity:- 18% on (brokerage + SEBI charges + transaction charges) \| Currency & Commodities:- 18% on (brokerage + transaction charges)	18% on (Brokerage + Transaction Charge)
	Call Back Open Account

	Zerodha	SMC Global
Equity/Currencies/Commodities ( Delivery & FNO)	₹10/ Crore + GST \| Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST	₹10/Crore
	Call Back Open Account

	Zerodha	SMC Global
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 Cash: 3:20 PM \| Equity F&O : 3:25 PM \| Currency: 4:45 PM \| Commodities: 25 min before close	Equity & F&O:- 3:20pm \| Currency: 4:30PM \| Commodities: 11:20 PM
Trading Platform	Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel	1.SMC ACE- Mobile App 2.SMC Privilege 3.Browser based- Select, Exclusive.
SMS Alerts for Trades
Direct Mutual Fund
	Call Back Open Account	Call Back Open Account

Zerodha

India's Largest Broker

Equity Delivery Free

Advanced Trading Platforms

Account Opening ₹200/-

Call Back Open Account

Alice Blue

Low Brokerage

FNO @ ₹15/Order

Free Trading Software

Free API Access

Call Back Open Account

Upstox

Free Account Opening

Flat ₹20 Brokerage

Free Technical Software

Backed by Ratan Tata Ji

Call Back Open Account

Angel One

Free Account Opening

Flat ₹20 Brokerage

Free Equity Delivery

Ultra-fast Digital Platform

Call Back Open Account

5Paisa

Various Brokerage Plans

Flat ₹20 Brokerage

Free Technical Software

Free Research Services

Call Back Open Account

Fyers

Free Equity Delivery

Intraday at ₹20/Order

Advanced Charting

Life Time Free AMC

Call Back Open Account

Stoxkart

No Profit No Brokerage

Free Equity Delivery

Brokerage of Flat ₹15/Trade

We earn only when you do

Call Back Open Account

ProfitMart

Free Account Opening

₹20/ Order

Free API Access

FREE Advanced Terminal

Call Back Open Account

Zebu Trade

Free Technical Software

Free API Access

Low Brokerage

Faster Payouts

Call Back Open Account

Flattrade

Free Account Opening

Decent Customer Services

Free Technical Software

Zero Brokerage in All Segments

Call Back Open Account

IIFL Securities

Free Research Reports

₹20/Order

₹0 AMC for 1st Year.

Free Research Services

Call Back Open Account

Kotak Securities

Various Types of Account

Free Account Opening

Flat ₹20/Order Brokerage

Zero Brokerage on Intraday

Call Back Open Account

ICICI Direct

Free Trading Account

Zero brokerage charges

Low Brokerage

Access to Award-winning research

Call Back Open Account

Sharekhan

International Presence

Free Account Opening

Open Account in Just 15 mins

Various Brokerage Slabs

Call Back Open Account

Paytm Money

Zero Account Opening

No Hidden Charges

Research Facility

Lowest Trading Charges

Call Back Open Account

Goodwill Commodities

₹11/ Order

Free Account Opening

Best Charting Software

Call Back Open Account

Groww

Growing Discount Broker

No Hidden Charges

No Transaction Charges in MF

₹20/ Order

Call Back Open Account

Samco

Growing Discount Broker

Free Account Opening

Instant Online Account

₹20/ Order

Call Back Open Account

Bajaj Finserve

Free Account Opening

Innovated Fixed Deposit

AMC Waived for 1 year

Free Advisory Services

Call Back Open Account

Finvasia

₹0 Brokerage on Trading

Free Account Opening

Commission Free Broker

Free Call & Trade

Call Back Open Account

SMC Global

International Presence

Competitive brokerage rates

Free Account Opening

Free Research Services

Call Back Open Account

FundsIndia

Free Investment Guidance

MF | Equities | F&O | NPS & more

Best in-Class Research

Free Account Opening

Call Back Open Account

mStock

Best Discount Broker

Margin Trading Facility

Advance Trading Platform

Provides Technical Analysis

Call Back Open Account

Rupeezy

Indian Stock Broker

Advance Trading Platform

Free Demat Account Opening

Call Back Open Account

GarvThakur.com

Quick Comparision (Zerodha VS SMC Global)

Zerodha Vs SMC Global

Zerodha Vs SMC Global - Broker Details

Zerodha Vs SMC Global - Account Opening & AMC Charges

Zerodha Vs SMC Global - Brokerage charges & Plans

Zerodha Vs SMC Global - Other Charges

Zerodha Vs SMC Global - Transaction Charges

Zerodha Vs SMC Global - Margin (Exposure)

Zerodha Vs SMC Global - Features

Zerodha Vs SMC Global - Review & Rating

Zerodha Vs SMC Global - Request a call back from Broker

Zerodha Vs SMC Global - Investment Options

Zerodha Vs SMC Global - Order Type

Zerodha Vs SMC Global - Research & Report

Zerodha Vs SMC Global - Daily Market Report

Zerodha Vs SMC Global - Suitable For Investor

Zerodha Vs SMC Global - Pros & Cons

Zerodha Vs SMC Global - Background

Zerodha Vs SMC Global - Compare All Brokers

Zerodha Vs SMC Global - STT/CTT

Zerodha Vs SMC Global - Demat transaction charges

Zerodha Vs SMC Global - GST

Zerodha Vs SMC Global - SEBI Charges

Zerodha Vs SMC Global - Account Opening & AMC Charges

Zerodha Vs SMC Global

Zerodha Review 2024

SMC Global Review | Brokerage Charges, Account Opening

Zerodha Vs SMC Global - Brokerage charges & Plans

Zerodha Vs SMC Global - Margin (Exposure)

Zerodha Vs SMC Global - Other Charges

Zerodha Vs SMC Global - STT/CTT

Zerodha Vs SMC Global - Demat transaction charges

Zerodha Vs SMC Global - GST

Zerodha Vs SMC Global - SEBI Charges

Zerodha Vs SMC Global - Features

Zerodha

SMC Global