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SMC Global Brokerage Charges List - Standard Plan (Percentage Based) 2024

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SMC Global Limited Brokerage Plan Details

SMC Global Brokerage Charges, AMC and Trading Charges and overview - We have divided this section into 3 parts. In the first part, we have explained the fees for opening SMC Global trading account and AMC (if charged by the broker). In the second part, we have talked in detail about SMC Global brokerage plan/ trading plan. In case broker supports multiple plans, it will be explained in this section. In the third part, we have covered brokerage charges, list by charges for each segment, including Equity Delivery, Intraday, F&O, Currency Derivatives and Commodities. We have also covered SMC Global demat account opening charges & AMC, and complete SMC Global demat charges in detail.

SMC Global Trading Account Opening Charges & AMC

Opening a trading account is a one-time fee that SMC Global charges when you open your account.

Trading AMC (Annual Maintenance Charges) is an annual fee charged by SMC Global for maintaining your account. This is the annual fee and is deducted from your account even if you haven't traded for a year. Normally, the AMC for the trading account is free of charge.

SMC Global Account Opening Charges
Seq No. Transaction Duration Fee
1. Trading Account Opening Charges One Time Free
2. Trading Annual Maintenance Charges(AMC) Yearly Fee Free

Plan#1: SMC Global Brokerage Plan - Standard Trading Plan (Percentage Based) (Year:2024)

This is a standard plan by SMS Global.This is % based brokerage plan.

SMC Global Standard Trading Plan (Percentage Based)
Segment Value
Plan Name Standard Trading Plan (Percentage Based)
Monthly Plan NA
Equity Delivery 0.50% or 30 paisa
Equity Intraday 0.05% or 5 paisa
Equity Futures 0.05% or 5 paisa
Equity Options Rs 100 Per Lot
Currency Futures 0.05% or 5 paisa
Currency Options Rs 25 Per Lot
Commodity 0.05% or 5 paisa

Please refer our unique and accurate SMC Global Brokerage Calculator. We have covered each charges including stamp duty by state also to match your contract note.

SMC Global Equity Brokerage Charges List-2024

SMC Global Equity Brokerage Charges (Equity Delivery Brokerage - 0.50% or 30 paisa, Equity Intraday Brokerage - 0.05% or 5 paisa, Options Brokerage - Rs 100 Per Lot and Futures Brokerage - 0.05% or 5 paisa) are the total trading costs that a client has to pay for trading in equity. They are calculated by adding all the taxes and fees that are charged in addition to the brokerage fees. The charges and taxes are brokerage, transaction charges, STT (Securities Transaction Charges), GST, stamp duty and SEBI charges. There are differences in trading charges for equity delivery, equity intraday, equity futures & options trading cost. Please refer to the details below:

SMC Global Equity Brokerage Charges List - 2024
Type Charges
Brokerage Equity Delivery 0.50% or 30 paisa
Transaction Charges Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr
STT Equity Delivery 0.1% on Both Side(Buy and Sell)
Stamp Duty Equity Delivery Rs 1500 Per Cr on Buy only
Brokerage Equity Intraday 0.05% or 5 paisa
Transaction Charges Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr
STT Equity Intraday 0.025% on Sell
Stamp Duty Equity Intraday Rs 300 Per Cr on Buy only
Brokerage Equity Futures 0.05% or 5 paisa
Transaction Charges Equity Futures NSE:200 Per Cr | BSE:FREE
STT Equity Future 0.0125% on Sell
Stamp Duty Equity Future Rs 200 Per Cr on Buy only
Brokerage Equity Options Rs 100 Per Lot
Transaction Charges Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr
STT Equity Options 0.0625% on Sell
Stamp Duty Equity Options Rs 300 Per Cr on Buy only
SEBI Turnover Charges Rs 10 Per Cr
GST 18% on the Brokerage and Transaction charges
Brokerage Calculator SMC Global Brokerage Calculator

SMC Global Currency Brokerage Charges List-2024

SMC Global currency trading charges are the total trading costs that a client has to pay for trading in currencies. They are calculated by sum up all the taxes and charges that are charged in addition to the brokerage fees. The charges and taxes are transaction charges, STT or securities transaction fees, GST, stamp duty and SEBI charges. The brokerage of trading in SMC Global Currency Futures - 0.05% or 5 paisa and SMC Global Currency Options - Rs 25 Per Lot. Please read the details below:

SMC Global Currency Brokerage Charges List - 2024
Type Charges
Brokerage Currency Futures 0.05% or 5 paisa
Transaction Charges Currency Futures NSE:90 Per Cr | BSE:25 Per Cr
Brokerage Currency Options Rs 25 Per Lot
Transaction Charges Currency Options NSE:4000 Per Cr | BSE:100 Per Cr
STT No STT
Stamp Duty Equity Future Rs 10 Per Cr on Buy only
SEBI Turnover Charges Rs 10 Per Cr
GST 18% on the Brokerage and Transaction charges

SMC Global Commdity Brokerage Charges List-2024

SMC Global Commodity Trading Charges are the total trading costs that a client has to pay for trading commodities. They are calculated by adding up all the taxes and fees that are charged in addition to your brokerage fee. The fees and taxes are transaction charges, CTT or securities transaction charges, GST, stamp duty and SEBI charges. The brokerage of trading in SMC Global Commdity - 0.05% or 5 paisa.

SMC Global Commdity Brokerage Charges List - 2024
Type Commdity
Brokerage 0.05% or 5 paisa
Transaction Charges Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
STT/CTT 0.01% on Sell
SEBI Turnover Charges Rs 10 Per Cr
Stamp Duty* 0.01% subject to a maximum of Rs 50 - Varies by State
GST 18% on the Brokerage and Transaction charges

SMC Global NEFT/RTGS/IMPS Bank Details

    Information Not Available

SMC Global fund transfer and fund payout

    Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from ODIN Diet/Net Net Trading Platform.
    Pay-out/Fund Withdrawal - Bank Transfer only

SMC Global payout time

    Upto 24 Hrs except Bank Holidays.

SMC Global bank list and withdrawal charges

    Information Not Available

SMC Global interest rate

    Margin Funding Facility - Yes - 18% interest PA

SMC Global linked banks

    To operate your account, you need to link your primary bank account with SMC Global. You can add one or more bank account to fund transfer or pay-in your SMC Global trading account. Fund withdrawal request is always associated with your primary bank account. You need to pay a small amount of fund withdrawal charges which are mentioned in above section. You can link any public and private bank as your primary and secondary bank account. To open a trading account you must have bank information which includes Name, Address, IFSC Code and account number on your cheque, bank statement or bank passbook.

SMC Global minimum deposit

    There is no minimum deposit requirement when you open a trading and demat account with SMC Global. You need to pay account opening charges and demat AMC, if applicable. Once your account is up and ready you need to transfer fund to start trading.

SMC Global hidden charges

    SMC Global don't have any hidden charges. All charges and plan details are clearly defined in account opening document. No minimum charges or no other charges applicable.

SMC Global trading time

    Equity Cash, Intraday and F&O trading timing (BSE/NSE) is 9:15 am to 3:30 pm, Square off timing is 3:15 pm.

    Currency Derivatives Trading Timing (NSE/BSE) - Trading open time 9:00 am and close time 5:00 pm (Currency F&O – USDINR, EURINR, GBPINR and JPYINR) and 7:30 pm (Cross Currency F&O – EURUSD, GBPUSD and USDJPY).

    Commodity Trading Timing – Agri Commodity – 10 am to 5 pm, Other Commodities – 10 am to 11:30 pm.

In this section we have covered general question related to SMC Global brokerage and demat account charges like -

  • How much is SMC Global Account opening charges?
  • What are the brokerage plans available with SMC Global?
  • How much is equity delivery trading cost with SMC Global?
  • How much is F&O trading cost with SMC Global?
  • How much is currency trading cost with SMC Global?
  • How much is commodity trading cost with SMC Global?
  • What are the demat account opening charges with SMC Global?
  • What are other demat charges with SMC Global?

Last Updated on 2023-08-25