Kotak Securities Vs SMC Global: Which one is better?

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.

Compare Kotak Securities vs SMC Global on Service

  Kotak Securities Compare
Kotak 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? 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...
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with SMC Global. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

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.

Trading & Demat Account Opening Charges - Compare Kotak Securities with SMC Global
Charges Kotak Securities SMC Global
Trading Account Opening Fees Rs 750 Rs 1000
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs SMC Global on Plan Options

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.

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

Account Opening

  Kotak Securities SMC Global
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs SMC Global on Brokerage Charges

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 with SMC Global
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
Hidden Charges No
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
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Share Broker's Transaction Charges

Compare Kotak Securities vs SMC Global on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with SMC Global
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
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Account Features

Compare Kotak Securities vs SMC Global on Account Features

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 - Kotak Securities with SMC Global
Account Features Compare Kotak Securities SMC Global
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak 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: Keat Pro X
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Trading Platform

Compare Kotak Securities vs SMC Global on Trading Platform

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 with SMC Global
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) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
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 Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader SMCEasyTrade
Mobile Trading App Demo Kotak Stock Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod SMCEasyTrade Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS SMCEasyTrade Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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

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Broker Ratings by Users

Compare Kotak Securities vs SMC Global on User Rating

  Kotak Securities SMC Global
  79 Customer Reviews    Rate Kotak Securities 4 Customer Reviews    Rate SMC Global
Fees Ratings 2.6 3.0
Trading Brokerage Rating 2.7 2.3
Trading Platform Usability 3.2 2.5
Customer Service Ratings 3.1 2.3
Overall Ratings Rated 2.8 stars Rated 2.5 stars
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
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Investment Offerings

Compare Kotak Securities vs SMC Global on Investment Offerings

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 with SMC Global
Investment Offerings Compare Kotak 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 Yes No
PMS Service No Yes
Other Investment Options Insurance
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Order Types

Compare Kotak Securities vs SMC Global on Order Types

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 Types - Compare Kotak Securities with SMC Global
Order Type Compare Kotak Securities SMC Global
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes No
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

Compare Kotak Securities vs SMC Global on Margin/Leverage

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.

Exposure/margin - Compare Kotak Securities with SMC Global
Margin Product Compare Kotak Securities SMC Global
Equity Delivery Margin Kotak Securities vs SMC Global - Equity Delivery Margin Upto 5x via Margin Funding. Up to 3x leverage for equity delivery - via Margin Funding.
Equity Intraday Margin Kotak Securities vs SMC Global - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 10x leverage for equity.
Futures Margin Kotak Securities vs SMC Global - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 7x leverage for futures.
Options Margin Kotak Securities vs SMC Global - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Info Not Available
Equity CO Margin Kotak Securities vs SMC Global - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Info Not Available
Futures CO Margin Kotak Securities vs SMC Global - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Info Not Available
Options CO Margin Kotak Securities vs SMC Global - Options CO Margin Info Not Available Info Not Available
Commodity Margin Kotak Securities vs SMC Global - Commodity Margin Info Not Available Up to 3x leverage for commodity trading.
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Customer Service Offered

Compare Kotak Securities vs SMC Global on Customer Service

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 Support - Compare Kotak Securities with SMC Global
Customer Service Compare Kotak Securities SMC Global
24/7 Customer Service Kotak Securities vs SMC Global - 24x7 customer support No No
Email Support Kotak Securities vs SMC Global - Email Support Yes Yes
Onine Live Chat Kotak Securities vs SMC Global - Onine Live Chat Yes No
Phone Support Kotak Securities vs SMC Global - Phone Support Yes Yes
Toll Free Number Kotak Securities vs SMC Global - Toll Free Number Yes Yes
Through Branches Kotak Securities vs SMC Global - Through Branches Yes Yes
Customer Care Number Kotak Securities vs SMC Global - Customer Care Number 18002099191/1800222299/18002099292 91-11-66075200
Account Opening Process Kotak Securities vs SMC Global - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs SMC Global - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs SMC Global - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs https://www.smctradeonline.com/research/new-letters
Head Office Address Kotak Securities vs SMC Global - Head Office Address/Corporate 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
Website Kotak Securities vs SMC Global - Company Website https://www.kotaksecurities.com https://www.smctradeonline.com
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Tips/Research/Reports Published

Compare Kotak Securities vs SMC Global on Research Reports, Tips

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

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

Compare Kotak Securities vs SMC Global on Demat Account

Compare Kotak Securities with SMC Global on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities with SMC Global
  Kotak Securities SMC Global
DP Source CDSL CDSL
DP ID Kotak Securities vs SMC Global - DP ID 49200 19100
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.

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs SMC Global on Special Offers and Promotion

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

Compare Kotak Securities vs SMC Global on Special Offers and Promotion
  Kotak Securities SMC Global
Pay In and Pay Out Options Kotak Securities vs 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 Kotak Securities vs SMC Global - 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 Kotak Securities vs SMC Global - 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
Likes
  • 3 in 1 Account.
  • News and market updates, portfolio tracker, Research Reports, SMS Alerts.
  • Robust trading software KEAT Pro.
  • After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.

Detail Review...

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.

Detail Review...

Dislikes
  • Doesn't support commodity trading.
  • Hidden charges.
  • Minimum Brokerage charges.

Detail Review...

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.

Detail Review...

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







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