The brokerage of Kotak Securities ranges between .049 to .49% while the brokerage of SMC Global ranges between .03 to .3%. Both the brokers are Full Service brokers. Kotak Securities is having overall higher rating compare to SMC Global. Kotak Securities is rated 4 out of 5 where SMC Global is rated only 3 out of 5.
Here we present side-by-side comparison of Kotak 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 Kotak 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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX-SX, MCX, NCDEX||NSE, BSE, MCX, NCDEX|
|Broker Overview||Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders.||SMC Global securities Ltd. is a leading and award winning stock broker in India having a good track record in the financial services industry, NRI trading, Margin facility and more...|
In this section we have compared Kotak Securities with SMC Global on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where SMC Global charges Rs 1000 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where SMC Global charges Rs 300 PA AMC for Demat account.
|Charges||Kotak Securities||SMC Global|
|Trading Account Opening Fees||Rs 750||Rs 1000|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Kotak Securities with SMC Global. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Kotak Securities||SMC Global|
|Kotak Securities||SMC Global|
|Account Opening Request|
Kotak Securities Brokerage Plan detail - This plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it.
SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.
|Brokerage Charges Compare||Kotak Securities||SMC Global|
|Plan Name||Fixed Brokerage Trading Plan (Percentage Based)||Standard Trading Plan (Percentage Based)|
|Equity Delivery||0.49% or 49 paisa||0.3% or 30 paisa|
|Equity Intraday||0.049% or 5 paisa||0.03% or 3 paisa|
|Equity Futures||0.049% or 5 paisa||0.03% or 3 paisa|
|Equity Options||Rs 300 Per Lot||Rs 70 Per Lot|
|Currency Futures||.02% or Rs. 10 per lot whichever is higher||0.03% or 3 paisa|
|Currency Options||Rs 10 Per Lot||Rs 20 Per Lot|
|Commodity Trading||NA||0.03% or 3 paisa|
|Minimum Brokerage||Rs 21 per executed order||Rs 25 per trade or 2.5% of the trade value whichever is lower|
|Funding||Yes - 18% interest PA||Yes - 18% interest PA|
|Call & Trade Charges||20 calls Free and after that Rs 20 per call||Free|
|Brokerage Calculator||Brokerage Calculator for Kotak Securities||Brokerage Calculator for SMC Global|
|SPAN Margin Calculator||SPAN Margin Calculator for Kotak Securities||SPAN Margin Calculator for SMC Global|
Compare Kotak Securities with SMC Global on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Kotak Securities||SMC Global|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 110 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4000 Per Cr|
|Commodity||NA||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for kotak-securities||Complete Brokerage Plans for smc-global-broker|
Compare Kotak Securities with SMC Global on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak 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 Kotak Securities doesn't offers Algo Trading. Margin Funding - SMC Global offers margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.
|Account Features Compare||Kotak Securities||SMC Global|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Trading software terminal: Keat Pro X|
With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and SMC Global. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
|Trading Platform Compare||Kotak Securities||SMC Global|
|Desktop Trading Platform||KEAT Pro X||ODIN Diet|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat||https://trade.smcindiaonline.com/easytrade/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Kotak Stock Trader||SMCEasyTrade|
|Mobile Trading App Demo||Kotak Stock Trader Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod SMCEasyTrade Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS SMCEasyTrade Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Yes, DirectTrade - Rs 2999 PA||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Kotak Securities||Equity Intraday and Delivery Brokerage Calculator for SMC Global|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Kotak Securities||Futures Brokerage Calculator for SMC Global|
|Options Brokerage Calculator||Options Brokerage Calculator for Kotak Securities||Options Brokerage Calculator for SMC Global|
|Detail||Detail on Trading Platforms for kotak-securities||Detail on Trading Platforms for smc-global-broker|
|Kotak Securities||SMC Global|
|79 Customer Reviews||4 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews||SMC Global is Rated 2.5 / 5 based on 4 customer reviews|
Compare Kotak 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 brokers 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 Kotak Securities doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - SMC Global provides PMS Service where Kotak Securities doesn't offer
|Investment Offerings Compare||Kotak Securities||SMC Global|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Insurance|
Order Type - Compare Kotak Securities with SMC Global on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Kotak 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) - Kotak 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 facility. The orders are send to exchange on the next trading day. GTC Orders- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.
|Order Type Compare||Kotak Securities||SMC Global|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Kotak Securities with SMC Global on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||Kotak Securities||SMC Global|
|Equity Delivery Margin||Upto 5x via Margin Funding.||Up to 3x leverage for equity delivery - via Margin Funding.|
|Equity Intraday Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Up to 10x leverage for equity.|
|Futures Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Up to 7x leverage for futures.|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||Info Not Available|
|Equity CO Margin||Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple.||Info Not Available|
|Futures CO Margin||Upto 50x margin/leverage in CO via Super Multiple.||Info Not Available|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Up to 3x leverage for commodity trading.|
Compare Kotak Securities with SMC Global on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
|Customer Service Compare||Kotak Securities||SMC Global|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||91-11-66075200|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
|SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
Compare Kotak Securities with SMC Global on research reports and tips provided by broker.
|Kotak Securities||SMC Global|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with SMC Global on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Kotak Securities||SMC Global|
|Demat Account Annual Maintenance Charges(AMC)||Individual (Resident)-RESIDENT -Rs. 65 pm for upto 10 debit transactions. Rs.50 pm for 11 to 30 debit transactions. Rs. 35 pm for more than 30 debit transactions. (Plus applicable taxes) NRI-Rs.75/- pm Corporate (Resident)-Rs 100/- pm Corporate (NRI)-Rs.125/-pm AMC Charges for BSDA Account Rs. 100/- per annum (if DP value is more than Rs. 50,000/- and less than 2 lacs) Zero (if DP value is less than Rs. 50,000/-)||Individual Clients -General AMC Scheme Rs.300/- P.A. (POA Clients) Rs. 350/- P.A. (Non POA Clients) -One time AMC Scheme Rs. 1000/- P.A.(POA Clients) Rs. 1300/- P.A. (Non POA Clients) - No AMC Scheme Rs 3000/- Refundable Deposit Corporate Clients Rs. 1000/- P.A.|
|Advance Deposit||NA||AMC will be charged in advance.|
|Statutory charges||NA||Service tax, other statutory levies and Stamp paper charges extra as applicable.|
|Transaction Charges on Debit (Per ISIN)||Individual: For Regular ( Non BSDA Accounts ) On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). For BSDA Accounts On Market /Off Market 0.06% of the value of securities or Minimum Rs. 44.50 (Plus CDSL charges as applicable + applicable taxes) Corporate :- On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes).||On Maket Transaction Rs.15/- (POA Clients) Rs. 20/- (Non POA clients) Off Market Instruction 0.03% subject to Min. Rs. 20/- & Max. Rs. 50/- Charges Per instruction.|
|Demat||Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request.||Rs. 5/- Per Certificate (Rs. 30/- for 1st Certificate) Courier Charges Extra(Rs.25/- for Local & Rs.40/- for outstation courier)|
|Remat||Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/-||Rs.25/- (For one certificate/100 shares) Courier Charges Extra(Rs.25/- for Local & Rs.40/- for outstation courier)|
|Pledge Creation||Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/-||Rs.60/-|
|Pledge Creation Confirmation||Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/-||Rs.60/-|
|Pledge Closure||Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/-||Rs.30/-|
|Pledge Closure Confirmation||Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/-||Rs.30/-|
|Pledge Invocation||Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/-||Rs.30/-|
|Failed Instruction Charges||Nil||Rs. 20/- per instruction|
|Other Charges||Nil||DIS Book Charges Rs. 30/- (20 leafs) Client Modification Charges Rs-25/- Additional Client master Charges Rs. 25/- Delivery Instruction by FAX will be charged Rs. 5/- per instruction. Additional Statement (Weekly/Daily/Fortnightly) Rs. 5/- per page.|
Compare Kotak Securities with SMC Global on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Kotak Securities||SMC Global|
|Pay In and Pay Out Options||Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
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||Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank.||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||(ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank||Info Not Available|
|Bank Detail||Direct from your Kotak Mahindra bank account.||Info Not Available|
Pan-India presence, no trading account AMC, Dedicated customer care, Multiple Trading platforms, Call and trade facility, Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders.
Brokerage charges not disclosed anywhere onsite, mobile trading not available for NSE, No 3 in 1 account, extra charges for their featured products,Good Till Cancelled (GTC) and Good Till Date/Time (GTD) Orders are not available in equity segment.
|Special Offers/Promo||Get Kotak Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.|
|Enquire about Kotak Securities||Enquire about SMC Global|
Last Updated on 2019-06-23T23:14:53+00:00