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SBICAP Securities Vs SMC Global: Which one is better?

Both the brokers are registered with SEBI. SBICAP Securities offers investmenet in Equity, F&O and Currency only, where SMC Global offers investment in Equity, F&O, Currency and Commodities.. The brokerage of SBICAP Securities ranges between .05 to 0.50% while the brokerage of SMC Global ranges between 0.05 to 0.50%. Both the brokers are Full Service brokers. SBICAP Securities is having overall higher rating compare to SMC Global. SBICAP Securities is rated 4 out of 5 where SMC Global is rated only 3 out of 5. Number of active customer for SBICAP Securities is 8,63,824 where number of active customer for SMC Global is 1,78,712. SBICAP Securities is serving more customer compare to SMC Global.

Here we present side-by-side comparison of SBICAP Securities vs SMC Global share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SBICAP Securities vs SMC Global'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 SBICAP Securities vs SMC Global share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SBICAP Securities vs SMC Global'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 SBICAP Securities vs SMC Global on Service

  SBICAP Securities Compare
SBICAP Securities
SMC Global Compare
SMC Global
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? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 8,63,824 1,78,712
Broker Overview Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP Securities 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.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare SBICAP Securities vs SMC Global on Trading & Demat Account Opening Charges

Comparison of SBICAP Securities with SMC Global on trading & demat account opening charges and AMC. Trading account opening charges - SMC Global offer Free account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - SBICAP Securities charges Rs 500 PA AMC for Demat account where SMC Global charges Rs 400 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities with SMC Global
Charges SBICAP Securities SMC Global
Trading Account Opening Fees Rs 850 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Rs 400 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs SMC Global on Plan Options

Plans are the most important feature you look when compare SBICAP Securities with SMC Global. 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 SBICAP Securities with SMC Global on Plan Options
Plan Types SBICAP Securities SMC Global
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

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Brokerage Charges

Compare SBICAP Securities vs SMC Global on Brokerage Charges

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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

Brokerage Charges - Compare SBICAP Securities with SMC Global
Brokerage Charges Compare SBICAP Securities SMC Global
Plan Name Standard or default brokerage plan Standard Trading Plan (Percentage Based)
Equity Delivery 0.50% 0.50% or 30 paisa
Equity Intraday 0.05% 0.05% or 5 paisa
Equity Futures 0.05% 0.05% or 5 paisa
Equity Options Rs 100 Per Lot Rs 100 Per Lot
Currency Futures 0.03% 0.05% or 5 paisa
Currency Options Rs 30 Per Lot Rs 25 Per Lot
Commodity Trading Rs. 100 per lot 0.05% or 5 paisa
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future Rs 25 per trade or 2.5% of the trade value whichever is lower
Hidden Charges Info Not Available Info Not Available
Funding Yes - 24% interest PA Yes - 18% interest PA
Call & Trade Charges Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Free
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off Free
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for SMC Global
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Share Broker's Transaction Charges

Compare SBICAP Securities vs SMC Global on Transaction Charges

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

Transaction Charges - Compare SBICAP Securities with SMC Global
Transaction Charges Compare SBICAP Securities SMC Global
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 NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for smc-global-broker
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Account Features

Compare SBICAP Securities vs SMC Global on Account Features

Compare SBICAP Securities with SMC Global on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where SMC Global offers only 2-in-1 account which includes trading and demat account. Algo Trading - SMC Global offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - SMC Global offers a margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

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

Compare SBICAP Securities vs SMC Global on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities and SMC Global. 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 SBICAP Securities with SMC Global
Trading Platform Compare SBICAP Securities SMC Global
Desktop Trading Platform SBISMART XPRESS - NextTrader ODIN Diet
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login1.sbismart.com/nidp/app/login https://trade.smcindiaonline.com/easytrade/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App SBISMART SMCEasyTrade
Mobile Trading App Demo SBISMART Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod SBISMART Download Andriod SMCEasyTrade Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SBISMART Download iOS SMCEasyTrade Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for SMC Global
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for SMC Global
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for SMC Global
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for smc-global-broker

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Broker Ratings by Users

Compare SBICAP Securities vs SMC Global on User Rating

  SBICAP Securities SMC Global
  78 Customer Reviews    Rate SBICAP Securities 7 Customer Reviews    Rate SMC Global
Fees Ratings 3.3 3.0
Trading Brokerage Rating 3.1 2.1
Trading Platform Usability 2.8 3.0
Customer Service Ratings 2.7 2.4
Overall Ratings 2.7 2.7
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews SMC Global is Rated 2.7 / 5 based on 7 customer reviews
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Investment Offerings

Compare SBICAP Securities vs SMC Global on Investment Offerings

Compare SBICAP Securities with SMC Global 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 - SMC Global offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - SMC Global provides PMS Service where SBICAP Securities doesn't offer

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

Compare SBICAP Securities vs SMC Global on Order Types

Order Type - Compare SBICAP Securities with SMC Global 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) - SBICAP Securities provide 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) - SBICAP Securities provide 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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

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

Compare SBICAP Securities vs SMC Global on Customer Service

Compare SBICAP Securities with SMC Global 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 SBICAP Securities with SMC Global
Customer Service Compare SBICAP Securities SMC Global
24/7 Customer Service SBICAP Securities vs SMC Global - 24x7 customer support No No
Email Support SBICAP Securities vs SMC Global - Email Support Yes Yes
Onine Live Chat SBICAP Securities vs SMC Global - Onine Live Chat No No
Phone Support SBICAP Securities vs SMC Global - Phone Support Yes Yes
Toll Free Number SBICAP Securities vs SMC Global - Toll Free Number Yes Yes
Through Branches SBICAP Securities vs SMC Global - Through Branches Yes Yes
Customer Care Number SBICAP Securities vs SMC Global - Customer Care Number 022 6854 5555 91-11-66075200
Account Opening Process SBICAP Securities vs SMC Global - Account Opening Process Offline Online/Paperless
Customer Support Email SBICAP Securities vs SMC Global - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SBICAP Securities vs SMC Global - Knowledge Center/Education https://www.sbismart.com/education https://www.smctradeonline.com/research/new-letters
Head Office Address SBICAP Securities vs SMC Global - Head Office Address/Corporate Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi - 110005
Website SBICAP Securities vs SMC Global - Company Website https://www.sbismart.com https://www.smctradeonline.com
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Tips/Research/Reports Published

Compare SBICAP Securities vs SMC Global on Research Reports, Tips

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

Research Reports - Compare SBICAP Securities with SMC Global
  SBICAP Securities SMC Global
Research Mutual Funds SBICAP Securities vs SMC Global - Research Mutual Funds Yes Yes
Research Equity Reports SBICAP Securities vs SMC Global - Research Equity Reports Yes Yes
Research ETF SBICAP Securities vs SMC Global - Research ETF Yes Yes
Daily Market Report SBICAP Securities vs SMC Global - Daily Market Report Yes Yes
Free Tips SBICAP Securities vs SMC Global - Free Tips Yes Yes
Quarterly Result Analysis SBICAP Securities vs SMC Global - Quarterly Results Yes Yes
News Alerts SBICAP Securities vs SMC Global - Yes Yes
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Demat Account

Compare SBICAP Securities vs SMC Global on Demat Account

Compare SBICAP Securities with SMC Global 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 SMC Global is ₹300 pa where for SBICAP Securities is ₹500.

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 SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) where for SMC Global is ₹10+CDSL charges ₹5.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 SBICAP Securities with SMC Global
  SBICAP Securities SMC Global
DP Source CDSL CDSL
DP ID SBICAP Securities vs SMC Global - DP ID 19300 19100
Demat Account Annual Maintenance Charges(AMC) ₹500 ₹300 pa
Advance Deposit 0 for all AMC will be charged in advance.
Statutory charges Nil Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹10+CDSL charges ₹5
Demat ₹5 per certificate + ₹35 courier charges ₹150 per certificate
Remat ₹35 per certificate + CDSL Charges ₹150 for every hundred securities + depositry charges
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 per instruction+CDSL charges
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20
Failed Instruction Charges ₹10 ₹50 per instraction
Other Charges Nil DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges .
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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs SMC Global on Special Offers and Promotion

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

Compare SBICAP Securities vs SMC Global on Special Offers and Promotion
  SBICAP Securities SMC Global
Pay In and Pay Out Options SBICAP Securities vs SMC Global - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
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 ODIN Diet/Net Net Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time SBICAP Securities vs SMC Global - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges SBICAP Securities vs SMC Global - Bank Supported and Charges Direct to SBI Bank. Info Not Available
Bank Detail Direct to SBI bank account Info Not Available
Likes
  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

Detail Review...

  • 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...

Dislikes
  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

  • 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...

Special Offers/Promo
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Last Updated on 2023-09-13T02:35:55+00:00