FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of SMC Global Max 0.05 to 0.50% per trade while the brokerage of Upstox ranges between Rs 20. SMC Global is a Full Service Broker where Upstox is a Discount Broker. SMC Global is having overall lower rating compare to Upstox. SMC Global is rated only 3 out of 5 where Upstox is rated 4.5 out of 5. Number of active customer for SMC Global is 1,78,712 where number of active customer for Upstox is . SMC Global is serving more customer compare to Upstox.
Here we present side-by-side comparison of SMC Global vs Upstox 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 Upstox'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 Upstox 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 Upstox's on
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.
Comparison of SMC Global with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - SMC Global offer Free account opening where Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Upstox offer Free AMC for Demat account where SMC Global charges Rs 400 PA (Free for 1st year) AMC for Demat account.
Charges | SMC Global | Upstox |
---|---|---|
Trading Account Opening Fees | Free | Promotion offer: Free |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Rs 400 PA (Free for 1st year) | Free |
Provide DP Service |
Plans are the most important feature you look when compare SMC Global with Upstox. 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.
Plan Types | SMC Global | Upstox |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Zerodha | Upstox | |
---|---|---|
Account Opening Request |
SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
Brokerage Charges Compare | SMC Global | Upstox |
---|---|---|
Plan Name | Standard Trading Plan (Percentage Based) | Max Rs 20 Per Order Trading Plan |
Equity Delivery | 0.50% or 30 paisa | 2.5% or Rs 20 whichever is lower |
Equity Intraday | 0.05% or 5 paisa | 0.05% or Rs 20 whichever is lower |
Equity Futures | 0.05% or 5 paisa | 0.05% or Rs 20 whichever is lower |
Equity Options | Rs 100 Per Lot | Flat Fee Rs 20 |
Currency Futures | 0.05% or 5 paisa | 0.05% or Rs 20 whichever is lower |
Currency Options | Rs 25 Per Lot | Flat Fee Rs 20 |
Commodity Trading | 0.05% or 5 paisa | Flat Fee Rs 20 |
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 | Info Not Available |
Call & Trade Charges | Free | Rs 50 + 18% GST |
Auto Square off Charges | Free | Rs 50 + 18% GST |
Brokerage Calculator | Brokerage Calculator for SMC Global | Brokerage Calculator for Upstox |
Compare SMC Global with Upstox on transaction charges and PCM fee by segment.
Transaction Charges Compare | SMC Global | Upstox |
---|---|---|
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 360 Per Cr | Agri: Rs 275 Per Cr |
Brokerage Charges | Complete Brokerage Plans for smc-global-broker | Complete Brokerage Plans for upstox |
Compare SMC Global with Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where SMC Global offers only 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 - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - SMC Global offers NRI where Upstox doesn't offers NRI Trading.
Account Features Compare | SMC Global | Upstox |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:15PM | 3:15PM |
NRI Trading | ||
Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w SMC Global and Upstox. 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 | Upstox |
---|---|---|
Desktop Trading Platform | ODIN Diet | Upstox Pro |
Desktop Demo | Info Not Available | Info Not Available |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://trade.smcindiaonline.com/easytrade/ | https://pro.upstox.com/ |
Web Trading Demo | Info Not Available | Web Trading Demo |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | SMCEasyTrade | Upstox |
Mobile Trading App Demo | Info Not Available | Upstox Demo |
Android Mobile App | ||
Android App Download | Andriod SMCEasyTrade Download | Andriod Upstox Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS SMCEasyTrade Download | iOS Upstox Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Free |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for SMC Global | Equity Intraday and Delivery Brokerage Calculator for Upstox |
Futures Brokerage Calculator | Futures Brokerage Calculator for SMC Global | Futures Brokerage Calculator for Upstox |
Options Brokerage Calculator | Options Brokerage Calculator for SMC Global | Options Brokerage Calculator for Upstox |
Detail | Detail on Trading Platforms for smc-global-broker | Detail on Trading Platforms for upstox |
Compare SMC Global with Upstox 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) - SMC Global provide PMS Service where Upstox doesn't offer
Investment Offerings Compare | SMC Global | Upstox |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | Insurance | NIL |
Order Type - Compare SMC Global with Upstox 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) - Upstox 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) - Upstox 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)- 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 Type Compare | SMC Global | Upstox |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare SMC Global with Upstox 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 Service Compare | SMC Global | Upstox |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 91-11-66075200 | +91 22 6130 9999 |
Account Opening Process | Online/Paperless | Online/Paperless |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | https://www.smctradeonline.com/research/new-letters | https://upstox.com/help-center/ |
Head Office Address | SMC Global Securities Ltd 11/6B, Shanti Chamber Pusa Road, New Delhi - 110005 |
Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 |
Website | https://www.smctradeonline.com | https://upstox.com/ |
Compare SMC Global with Upstox on research reports and tips provided by the broker.
Compare SMC Global with Upstox 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 Upstox is ₹300 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 Upstox is ₹13 + ₹5.50 CDSL charges.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
Compare SMC Global with Upstox on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
SMC Global | Upstox | |
---|---|---|
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 funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro Pau-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Upto 24 Hrs except Bank Holidays. | Max 24 hrs except bank holidays |
Bank Supported and Charges | Info Not Available | Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. |
Bank Detail | Info Not Available | HDFC Bank Account Name - RKSV SECURITIES INDIA PVT.LTD. Account Number -00600340067574 Account Type - Current Account IFSC Code- HDFC0000060 |
Likes |
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Before you open an Upstox account, check out the advantages on why to trade with Upstox.
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Dislikes |
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There are some setbacks or disadvantages also while trading with Upstox;
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Special Offers/Promo | Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs | |
Enquiry | Open Zerodha Account Now>> | Open Upstox Account Now>> |
Last Updated on 2023-08-25T06:01:26+00:00