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Sharekhan Vs SMC Global: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Sharekhan ranges between 0.1 to 0.5% while the brokerage of SMC Global ranges between 0.05 to 0.50%. Both the brokers are Full Service brokers. Sharekhan is having overall higher rating compare to SMC Global. Sharekhan is rated 4 out of 5 where SMC Global is rated only 3 out of 5. Number of active customer for Sharekhan is 7,49,880 where number of active customer for SMC Global is 1,58,580. Sharekhan is serving more customer compare to SMC Global.

Here we present side-by-side comparison of Sharekhan 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 Sharekhan 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 Sharekhan 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 Sharekhan 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 Sharekhan vs SMC Global on Service

  Sharekhan Compare
Sharekhan
SMC Global Compare
SMC Global
Overall Rating Rated 4 stars Rated 3 stars
Brokerage Charges Rated 2.5 stars Rated 3 stars
Trading Platform Rated 4.5 stars Rated 3 stars
Investments Offering Rated 5 stars Rated 3 stars
Customer Service Rated 4 stars Rated 3 stars
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 7,49,880 1,58,580
Broker Overview Sharekhan is part of the top 10 brokers in India serving 7.5 lakh+ active customers. Powerful Trade Tiger desktop trading terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated ... Know more about Sharekhan 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 Sharekhan Request call back from Zerodha
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Account Opening Charges and AMC

Compare Sharekhan vs SMC Global on Trading & Demat Account Opening Charges

Comparison of Sharekhan with SMC Global on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Waived for first 3 year) 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 Sharekhan with SMC Global
Charges Sharekhan SMC Global
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for first 3 year) Rs 400 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sharekhan vs SMC Global on Plan Options

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

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

Account Opening

  Sharekhan Zerodha
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs SMC Global on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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

Brokerage Charges - Compare Sharekhan with SMC Global
Brokerage Charges Compare Sharekhan SMC Global
Plan Name Classic Trading Plan (Percentage Based) Standard Trading Plan (Percentage Based)
Equity Delivery 0.5% or 50 paisa 0.50% or 30 paisa
Equity Intraday 0.1% or 10 paisa 0.05% or 5 paisa
Equity Futures 0.1% or 10 paisa 0.05% or 5 paisa
Equity Options 2.5% of Premium or Rs 250 per lot whichever is high Rs 100 Per Lot
Currency Futures 0.1% or 10 paisa 0.05% or 5 paisa
Currency Options 2.5% of Premium or Rs 30 per lot whichever is high Rs 25 Per Lot
Commodity Trading 0.1% or 10 paisa 0.05% or 5 paisa
Minimum Brokerage Rs 20 Rs 25 per trade or 2.5% of the trade value whichever is lower
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Free Free
Auto Square off Charges Free Free
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for SMC Global
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Share Broker's Transaction Charges

Compare Sharekhan vs SMC Global on Transaction Charges

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

Transaction Charges - Compare Sharekhan with SMC Global
Transaction Charges Compare Sharekhan 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 100 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for smc-global-broker
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Account Features

Compare Sharekhan vs SMC Global on Account Features

Compare Sharekhan with SMC Global 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 - SMC Global offers Algo Trading where Sharekhan doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Sharekhan with SMC Global
Account Features Compare Sharekhan SMC Global
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. No Sharekhan 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 Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Sharekhan vs SMC Global on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan 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 Sharekhan with SMC Global
Trading Platform Compare Sharekhan SMC Global
Desktop Trading Platform TradeTiger 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.sharekhan.com/ https://trade.smcindiaonline.com/easytrade/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sharekhan SMCEasyTrade
Mobile Trading App Demo Sharekhan Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod SMCEasyTrade Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sharekhan 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 Sharekhan Equity Intraday and Delivery Brokerage Calculator for SMC Global
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for SMC Global
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for SMC Global
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for smc-global-broker

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Broker Ratings by Users

Compare Sharekhan vs SMC Global on User Rating

  Sharekhan SMC Global
  184 Customer Reviews    Rate Sharekhan 6 Customer Reviews    Rate SMC Global
Fees Ratings 3.2 3.0
Trading Brokerage Rating 3.1 2.3
Trading Platform Usability 3.9 3.0
Customer Service Ratings 3.5 2.5
Overall Ratings Rated 3.6 stars Rated 2.8 stars
Broker Rating Sharekhan is Rated 3.6 / 5 based on 184 customer reviews SMC Global is Rated 2.8 / 5 based on 6 customer reviews
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Investment Offerings

Compare Sharekhan vs SMC Global on Investment Offerings

Compare Sharekhan 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers provides PMS Service. You can invest in stocks/equity/bonds using PMS.

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

Compare Sharekhan vs SMC Global on Order Types

Order Type - Compare Sharekhan 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) - Sharekhan 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) - Sharekhan 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 Sharekhan with SMC Global
Order Type Compare Sharekhan 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 Sharekhan vs SMC Global on Customer Service

Compare Sharekhan 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 Sharekhan with SMC Global
Customer Service Compare Sharekhan SMC Global
24/7 Customer Service Sharekhan vs SMC Global - 24x7 customer support No No
Email Support Sharekhan vs SMC Global - Email Support Yes Yes
Onine Live Chat Sharekhan vs SMC Global - Onine Live Chat Yes No
Phone Support Sharekhan vs SMC Global - Phone Support Yes Yes
Toll Free Number Sharekhan vs SMC Global - Toll Free Number Yes Yes
Through Branches Sharekhan vs SMC Global - Through Branches Yes Yes
Customer Care Number Sharekhan vs SMC Global - Customer Care Number 1800227500 91-11-66075200
Account Opening Process Sharekhan vs SMC Global - Account Opening Process Offline Online/Paperless
Customer Support Email Sharekhan vs SMC Global - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Sharekhan vs SMC Global - Knowledge Center/Education https://www.sharekhan.com/help/hello https://www.smctradeonline.com/research/new-letters
Head Office Address Sharekhan vs SMC Global - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
Website Sharekhan vs SMC Global - Company Website https://www.sharekhan.com https://www.smctradeonline.com
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Tips/Research/Reports Published

Compare Sharekhan vs SMC Global on Research Reports, Tips

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

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

Compare Sharekhan vs SMC Global on Demat Account

Compare Sharekhan 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 Sharekhan is ₹500 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 Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) 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 Sharekhan with SMC Global
  Sharekhan SMC Global
DP Source CDSL CDSL
DP ID Sharekhan vs SMC Global - DP ID 36000 19100
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹300 pa
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) AMC will be charged in advance.
Statutory charges Actual Stamp Paper Charges Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹10+CDSL charges ₹5
Demat ₹5 per certificate (Min 50 per request) ₹150 per certificate
Remat ₹50 per certificate or ₹50 for every hundred securities ₹150 for every hundred securities + depositry charges
Pledge Creation 0.03% (Min ₹100) ₹20 per instruction+CDSL charges
Pledge Creation Confirmation Nil ₹20
Pledge Closure Nil ₹20
Pledge Closure Confirmation Nil ₹20
Pledge Invocation Nil ₹20
Failed Instruction Charges Nil ₹50 per instraction
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
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 Sharekhan vs SMC Global on Special Offers and Promotion

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

Compare Sharekhan vs SMC Global on Special Offers and Promotion
  Sharekhan SMC Global
Pay In and Pay Out Options Sharekhan vs SMC Global - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney 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 ODIN Diet/Net Net Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Sharekhan vs SMC Global - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Sharekhan vs SMC Global - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Info Not Available
Likes
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

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 doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Direct mutual fund schemes are unavailable on the InstaMF platform.
  • Its fee structure is not transparent.

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 Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time.
Enquiry Open Sharekhan Account Now>> Open Zerodha Account Now>>

Last Updated on 2022-08-05T07:11:34+00:00