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SMC Global Vs Karvy: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of SMC Global ranges between 0.05 to 0.50% while the brokerage of Karvy ranges between 0.03 to 0.3%. Both the brokers are Full Service brokers. SMC Global is having overall lower rating compare to Karvy. SMC Global is rated only 3 out of 5 where Karvy is rated 4 out of 5. Number of active customer for SMC Global is 1,78,712 where number of active customer for Karvy is . SMC Global is serving more customer compare to Karvy.

Here we present side-by-side comparison of SMC Global vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SMC Global vs Karvy's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of SMC Global vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SMC Global vs Karvy's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare SMC Global vs Karvy on Service

  SMC Global Compare
SMC Global
Karvy Compare
Karvy
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 1,78,712
Broker Overview Open a free SMC Global account today to trade on the BSE, NSE, and MCX. Get the best quality research, wealth management & portfolio management advisory, and trade on advanced Easy Trade App and Privilege desktop software. One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare SMC Global vs Karvy on Trading & Demat Account Opening Charges

Comparison of SMC Global with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - SMC Global charges Rs 400 PA (Free for 1st year) AMC for Demat account where Karvy charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SMC Global with Karvy
Charges SMC Global Karvy
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Free for 1st year) Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SMC Global vs Karvy on Plan Options

Plans are the most important feature you look when compare SMC Global with Karvy. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare SMC Global with Karvy on Plan Options
Plan Types SMC Global Karvy
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare SMC Global vs Karvy on Brokerage Charges

SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

Brokerage Charges - Compare SMC Global with Karvy
Brokerage Charges Compare SMC Global Karvy
Plan Name Standard Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.50% or 30 paisa 0.3% or 30 paisa
Equity Intraday 0.05% or 5 paisa 0.03% or 3 paisa
Equity Futures 0.05% or 5 paisa 0.03% or 3 paisa
Equity Options Rs 100 Per Lot Rs 50 Per Lot
Currency Futures 0.05% or 5 paisa 0.03% or 3 paisa
Currency Options Rs 25 Per Lot Rs 50 Per Lot
Commodity Trading 0.05% or 5 paisa 0.03% or 3 paisa
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Free Call 18004198283 number for Call and Trade, SMS Order faclity also available
Auto Square off Charges Free Call 18004198283 number for Call and Trade, SMS Order faclity also available
Brokerage Calculator Brokerage Calculator for SMC Global Brokerage Calculator for Karvy
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Share Broker's Transaction Charges

Compare SMC Global vs Karvy on Transaction Charges

Compare SMC Global with Karvy on transaction charges and PCM fee by segment.

Transaction Charges - Compare SMC Global with Karvy
Transaction Charges Compare SMC Global Karvy
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for smc-global-broker Complete Brokerage Plans for karvy
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Account Features

Compare SMC Global vs Karvy on Account Features

Compare SMC Global with Karvy on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - SMC Global offers a margin funding where Karvy doesn't offers margin funding. NRI Trading - SMC Global offers NRI where Karvy doesn't offers NRI Trading.

Account Features - SMC Global with Karvy
Account Features Compare SMC Global Karvy
3 in 1 Account No SMC Global have 2-in-1 account. Only Demate and Trading account. No SMC Global have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare SMC Global vs Karvy on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SMC Global and Karvy. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare SMC Global with Karvy
Trading Platform Compare SMC Global Karvy
Desktop Trading Platform ODIN Diet Karvy NESTTrader
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.smcindiaonline.com/easytrade/ https://trade.karvyonline.com/KARVY/Login/indexauth.jsp
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SMCEasyTrade KarvyOnline
Mobile Trading App Demo Info Not Available KarvyOnline Demo
Android Mobile App Yes Yes
Android App Download Andriod SMCEasyTrade Download Andriod KarvyOnline Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS SMCEasyTrade Download iOS KarvyOnline Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SMC Global Equity Intraday and Delivery Brokerage Calculator for Karvy
Futures Brokerage Calculator Futures Brokerage Calculator for SMC Global Futures Brokerage Calculator for Karvy
Options Brokerage Calculator Options Brokerage Calculator for SMC Global Options Brokerage Calculator for Karvy
Detail Detail on Trading Platforms for smc-global-broker Detail on Trading Platforms for karvy

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Broker Ratings by Users

Compare SMC Global vs Karvy on User Rating

  SMC Global Karvy
  7 Customer Reviews    Rate SMC Global 3 Customer Reviews    Rate Karvy
Fees Ratings 3.0 2.7
Trading Brokerage Rating 2.1 2.3
Trading Platform Usability 3.0 2.3
Customer Service Ratings 2.4 3.7
Overall Ratings 2.7 2.7
Broker Rating SMC Global is Rated 2.7 / 5 based on 7 customer reviews Karvy is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare SMC Global vs Karvy on Investment Offerings

Compare SMC Global with Karvy on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers provides PMS Service. You can invest in stocks/equity/bonds using PMS.

Investment Offerings - Compare SMC Global with Karvy
Investment Offerings Compare SMC Global Karvy
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service Yes Yes
Other Investment Options Insurance Insurance
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Order Types

Compare SMC Global vs Karvy on Order Types

Order Type - Compare SMC Global with Karvy on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Karvy provides Cover Orders (CO) where SMC Global doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Karvy provides Bracket Orders (BO) where SMC Global doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- SMC Global offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- SMC Global offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare SMC Global with Karvy
Order Type Compare SMC Global Karvy
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No Yes
AMO-After Market Orders Yes No
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare SMC Global vs Karvy on Customer Service

Compare SMC Global with Karvy on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare SMC Global with Karvy
Customer Service Compare SMC Global Karvy
24/7 Customer Service SMC Global vs Karvy - 24x7 customer support No No
Email Support SMC Global vs Karvy - Email Support Yes Yes
Onine Live Chat SMC Global vs Karvy - Onine Live Chat No No
Phone Support SMC Global vs Karvy - Phone Support Yes Yes
Toll Free Number SMC Global vs Karvy - Toll Free Number Yes Yes
Through Branches SMC Global vs Karvy - Through Branches Yes Yes
Customer Care Number SMC Global vs Karvy - Customer Care Number 91-11-66075200 18004198283/7093706007/18004198283
Account Opening Process SMC Global vs Karvy - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email SMC Global vs Karvy - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SMC Global vs Karvy - Knowledge Center/Education https://www.smctradeonline.com/research/new-letters https://www.karvyonline.com/knowledge-center/index
Head Office Address SMC Global vs Karvy - Head Office Address/Corporate Address SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi - 110005
Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Website SMC Global vs Karvy - Company Website https://www.smctradeonline.com www.karvyonline.com
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Tips/Research/Reports Published

Compare SMC Global vs Karvy on Research Reports, Tips

Compare SMC Global with Karvy on research reports and tips provided by the broker.

Research Reports - Compare SMC Global with Karvy
  SMC Global Karvy
Research Mutual Funds SMC Global vs Karvy - Research Mutual Funds Yes No
Research Equity Reports SMC Global vs Karvy - Research Equity Reports Yes No
Research ETF SMC Global vs Karvy - Research ETF Yes No
Daily Market Report SMC Global vs Karvy - Daily Market Report Yes Yes
Free Tips SMC Global vs Karvy - Free Tips Yes Yes
Quarterly Result Analysis SMC Global vs Karvy - Quarterly Results Yes Yes
News Alerts SMC Global vs Karvy - Yes Yes
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Demat Account

Compare SMC Global vs Karvy on Demat Account

Compare SMC Global with Karvy on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Karvy is ₹365 pa where for SMC Global is ₹300 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for SMC Global is ₹10+CDSL charges ₹5 where for Karvy is ₹15 per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare SMC Global with Karvy
  SMC Global Karvy
DP Source CDSL CDSL
DP ID SMC Global vs Karvy - DP ID 19100 33200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹365 pa
Advance Deposit AMC will be charged in advance. NIL
Statutory charges Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) ₹10+CDSL charges ₹5 ₹15 per transaction
Demat ₹150 per certificate ₹5 per certificate + ₹40 courier charges
Remat ₹150 for every hundred securities + depositry charges ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹20 per instruction+CDSL charges 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Creation Confirmation ₹20 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure ₹20 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure Confirmation ₹20 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Invocation ₹20 0.03% of transaction value (Min ₹100 and Max ₹5k)
Failed Instruction Charges ₹50 per instraction ₹100
Other Charges DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges . Nil
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Special Offers,Advantages,Disadvantages

Compare SMC Global vs Karvy on Special Offers and Promotion

Compare SMC Global with Karvy on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare SMC Global vs Karvy on Special Offers and Promotion
  SMC Global Karvy
Pay In and Pay Out Options SMC Global vs Karvy - Pay In and Pay Out Options 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
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time SMC Global vs Karvy - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges SMC Global vs Karvy - Bank Supported and Charges Info Not Available Around 40+ bank are prefered parter with Karvy Stock Broking.
Bank Detail Info Not Available Info Not Available
Likes
  • Zero Demat account opening fees.
  • No Demat AMC for the first year.
  • Research and advisory
  • Trade on smartphone, browser, and desktop applications.
  • Loan against securities (LAS) and margin trading facility (MTF).
  • Multiple tools like Portfolio Health Check-up, Auto Trender, Algo trader,
  • Dedicated Relationship managers (RMs) and dealers.
  • News and updates on stock earnings, bonuses, corporate news, global news, etc.
  • It allows aftermarket order (AMO) and buy today sell tomorrow (BTST) trades.
  • Strong PAN India presence.

Detail Review...

Detail Review...

Dislikes
  • You cannot place a Good Till Triggered (GTT) order.
  • Does not provide a 3-in-1 account.
  • Extra charges for the tools like Auto Trender.
  • No flat brokerage plan is available.

Detail Review...

  • 3-in-1 account opening facility is not available with Karvy.

Detail Review...

Special Offers/Promo
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Last Updated on 2023-08-25T06:01:26+00:00