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SMC Global Vs Alice Blue: 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 Max 0.05 to 0.50% per trade while the brokerage of Alice Blue ranges between Rs 15. SMC Global is a Full Service Broker where Alice Blue is a Discount Broker. SMC Global is having overall lower rating compare to Alice Blue. SMC Global is rated only 3 out of 5 where Alice Blue is rated 4 out of 5. Number of active customer for SMC Global is 1,78,712 where number of active customer for Alice Blue is 1,63,442. SMC Global is serving more customer compare to Alice Blue.

Here we present side-by-side comparison of SMC Global vs Alice Blue 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 Alice Blue'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 Alice Blue 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 Alice Blue'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 Alice Blue on Service

	SMC Global	Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Active Clients	1,78,712	1,63,442
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.	Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry

Account Opening Charges and AMC

Compare SMC Global vs Alice Blue on Trading & Demat Account Opening Charges

Comparison of SMC Global with Alice Blue 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 Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SMC Global with Alice Blue

Charges	SMC Global	Alice Blue
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 400 PA
Provide DP Service

About Brokerage Plans

Compare SMC Global vs Alice Blue on Plan Options

Plans are the most important feature you look when compare SMC Global with Alice Blue. This section compare on high level about type of plans offered by brokers. Multiple Plans - Alice Blue provides Multiple Plans where SMC Global doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare SMC Global with Alice Blue on Plan Options

Plan Types	SMC Global	Alice Blue
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare SMC Global vs Alice Blue on Brokerage Charges

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

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Share Broker's Transaction Charges

Compare SMC Global vs Alice Blue on Transaction Charges

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

Account Features

Compare SMC Global vs Alice Blue on Account Features

Compare SMC Global with Alice Blue 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 Alice Blue doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - SMC Global with Alice Blue

Account Features Compare	SMC Global	Alice Blue
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	3:15 PM
NRI Trading
Other Features	NIL	NIL

Trading Platform

Compare SMC Global vs Alice Blue on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SMC Global and Alice Blue. 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 Alice Blue

Trading Platform Compare	SMC Global	Alice Blue
Desktop Trading Platform	ODIN Diet	ANT - Analyse and Trade
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/
Web Trading Demo	Info Not Available	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	SMCEasyTrade	ANT Mobile
Mobile Trading App Demo	Info Not Available	ANT Mobile Demo
Android Mobile App
Android App Download	Andriod SMCEasyTrade Download	Andriod ANT Mobile Download
iPhone Mobile App (IOS)
iOS App Download	iOS SMCEasyTrade Download	iOS ANT Mobile 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 Alice Blue
Futures Brokerage Calculator	Futures Brokerage Calculator for SMC Global	Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator	Options Brokerage Calculator for SMC Global	Options Brokerage Calculator for Alice Blue
Detail	Detail on Trading Platforms for smc-global-broker	Detail on Trading Platforms for alice-blue

Broker Ratings by Users

Compare SMC Global vs Alice Blue on User Rating

	SMC Global	Alice Blue
	7 Customer Reviews	8 Customer Reviews
Fees Ratings	3.0	2.6
Trading Brokerage Rating	2.1	3.4
Trading Platform Usability	3.0	2.4
Customer Service Ratings	2.4	2.6
Overall Ratings	2.7	2.1
Broker Rating	SMC Global is Rated 2.7 / 5 based on 7 customer reviews	Alice Blue is Rated 2.1 / 5 based on 8 customer reviews

Investment Offerings

Compare SMC Global vs Alice Blue on Investment Offerings

Compare SMC Global with Alice Blue 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 Alice Blue doesn't offer

Investment Offerings - Compare SMC Global with Alice Blue

Investment Offerings Compare	SMC Global	Alice Blue
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 Types

Compare SMC Global vs Alice Blue on Order Types

Order Type - Compare SMC Global with Alice Blue 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) - Alice Blue 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) - Alice Blue 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- SMC Global offers Good Till Cancelled (GTC) orders where Alice Blue doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare SMC Global with Alice Blue

Order Type Compare	SMC Global	Alice Blue
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare SMC Global vs Alice Blue on Customer Service

Compare SMC Global with Alice Blue 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 Alice Blue

Customer Service Compare	SMC Global	Alice Blue
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	91-11-66075200	08035215000/080-45490850
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://tradeschool.aliceblueonline.com/
Head Office Address	SMC Global Securities Ltd 11/6B, Shanti Chamber Pusa Road, New Delhi - 110005	Alice Blue, No. 153/2, 3rd Floor,M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bangalore - 560063
Website	https://www.smctradeonline.com	https://www.aliceblueonline.com

Tips/Research/Reports Published

Compare SMC Global vs Alice Blue on Research Reports, Tips

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

Research Reports - Compare SMC Global with Alice Blue

	SMC Global	Alice Blue
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare SMC Global vs Alice Blue on Demat Account

Compare SMC Global with Alice Blue 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 Alice Blue is ₹400 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 Alice Blue is 0.04% of the value of the 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 Alice Blue

	SMC Global	Alice Blue
DP Source	CDSL	CDSL
DP ID	19100	83500
Demat Account Annual Maintenance Charges(AMC)	₹300 pa	₹400 pa
Advance Deposit	AMC will be charged in advance.	Rs 0
Statutory charges	Stamp Paper Charges	Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN)	₹10+CDSL charges ₹5	0.04% of the value of the transaction
Demat	₹150 per certificate	₹10 per certificate + ₹50 courier charges
Remat	₹150 for every hundred securities + depositry charges	₹30 per certificate + CDSL charges
Pledge Creation	₹20 per instruction+CDSL charges	₹20 + CDSL charges
Pledge Creation Confirmation	₹20	Nil
Pledge Closure	₹20	₹20 + CDSL charges
Pledge Closure Confirmation	₹20	Nil
Pledge Invocation	₹20	₹20 + CDSL charges
Failed Instruction Charges	₹50 per instraction	Nil
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

Special Offers,Advantages,Disadvantages

Compare SMC Global vs Alice Blue on Special Offers and Promotion

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

Compare SMC Global vs Alice Blue on Special Offers and Promotion

	SMC Global	Alice Blue
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 Alice Blue Mobile, ANT Desk and ANY Web application. Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time	Upto 24 Hrs except Bank Holidays.	Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges	Info Not Available	Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail	Info Not Available	Aliceblue Financial Services, Account Number:ABFNSEXXXXXXXX Bank and Branch: HDFC Bank,Sathy Road,Erode Account Type: Current Account IFSC Code: HDFC0000232
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...	Trade on NSE, BSE, and MCX No brokerage on equity, IPO, and mutual funds Zero account opening charges Pay Rs 15/order brokerage Free Inuvest Advisory services and trading insights across segments TradingView charts, lots of technical indicators, stock and F&O screeners. Stock SIP in equity Great technology platforms for trading and investment Free access to ANT API Strong PAN India Presence Dedicated mutual fund investment app TradeSchool (Web and app) a free stock market education platform Place bracket order, cover order, and basket order. Margin Trading facility (MTF) 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...	No NRI Trading No zero brokerage unlimited trading plan No installable trading terminal Alice blue mutual fund app (Rise) is not available on App store. No GTT Order Sometimes, its platform experienced technical glitches. Detail Review...
Special Offers/Promo
Enquiry	Open Zerodha Account Now>>	Open Alice Blue Account Now>>