Both the brokers are registered with SEBI. SMC Global offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of SMC Global ranges between 0.05 to 0.50% while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. SMC Global is having overall lower rating compare to AxisDirect. SMC Global is rated only 3 out of 5 where AxisDirect is rated 3.5 out of 5. Number of active customer for AxisDirect is 3,89,282 where number of active customer for SMC Global is 1,58,580. AxisDirect is serving more customer compare to SMC Global.
Here we present side-by-side comparison of SMC Global vs AxisDirect 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 AxisDirect'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 AxisDirect 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 AxisDirect'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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||NSE, BSE|
|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.||Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...|
Comparison of SMC Global with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - SMC Global offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - SMC Global charges Rs 400 PA (Free for 1st year) AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Free||Rs 999|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA (Free for 1st year)||Rs 750 PA (Free for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare SMC Global with AxisDirect. This section compare on high level about type of plans offered by brokers. Multiple Plans - AxisDirect provides Multiple Plans where SMC Global doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||SMC Global||AxisDirect|
|Account Opening Request|
SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.
AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.
|Brokerage Charges Compare||SMC Global||AxisDirect|
|Plan Name||Standard Trading Plan (Percentage Based)||Fixed Brokerage Trading Plan (Percentage Based)|
|Equity Delivery||0.50% or 30 paisa||0.50% (Each leg)|
|Equity Intraday||0.05% or 5 paisa||0.05% (Each leg)|
|Equity Futures||0.05% or 5 paisa||0.05% (Each leg)|
|Equity Options||Rs 100 Per Lot||Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot|
|Currency Futures||0.05% or 5 paisa||0.05% (Each Leg)|
|Currency Options||Rs 25 Per Lot||Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p|
|Commodity Trading||0.05% or 5 paisa||Futures: 0.03% (Each leg)| Options: Rs. 50 per lot|
|Minimum Brokerage||Rs 25 per trade or 2.5% of the trade value whichever is lower||NIL|
|Hidden Charges||Info Not Available||No|
|Funding||Yes - 18% interest PA||Yes - 18% interest PA|
|Call & Trade Charges||Free||Free 20 calls per month, and after Rs. 20 per order|
|Auto Square off Charges||Free||20 calls Free and after that Rs 20 per call|
|Brokerage Calculator||Brokerage Calculator for SMC Global||Brokerage Calculator for AxisDirect|
Compare SMC Global with AxisDirect on transaction charges and PCM fee by segment.
|Transaction Charges Compare||SMC Global||AxisDirect|
|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 100 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4000 Per Cr|
|Commodity||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for smc-global-broker||Complete Brokerage Plans for axisdirect|
Compare SMC Global with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect 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 AxisDirect 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 Compare||SMC Global||AxisDirect|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||2:45 PM|
With our expert research team, we have compared all the major features of Trading platform b/w SMC Global and AxisDirect. 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||AxisDirect|
|Desktop Trading Platform||ODIN Diet||Ring|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.smcindiaonline.com/easytrade/||https://login.axisdirect.in/|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||SMCEasyTrade||AxisDirect Ring Mobile App|
|Mobile Trading App Demo||Info Not Available||AxisDirect Ring Mobile App Demo|
|Android Mobile App|
|Android App Download||Andriod SMCEasyTrade Download||Andriod AxisDirect Ring Mobile App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS SMCEasyTrade Download||iOS AxisDirect Ring Mobile App Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Yes, DirectTrade - Rs 2999 PA|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for SMC Global||Equity Intraday and Delivery Brokerage Calculator for AxisDirect|
|Futures Brokerage Calculator||Futures Brokerage Calculator for SMC Global||Futures Brokerage Calculator for AxisDirect|
|Options Brokerage Calculator||Options Brokerage Calculator for SMC Global||Options Brokerage Calculator for AxisDirect|
|Detail||Detail on Trading Platforms for smc-global-broker||Detail on Trading Platforms for axisdirect|
Compare SMC Global with AxisDirect 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 AxisDirect doesn't offer
|Investment Offerings Compare||SMC Global||AxisDirect|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Insurance||NIL|
Order Type - Compare SMC Global with AxisDirect 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) - AxisDirect 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) - Both broker don't have Bracket Orders (BO).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||AxisDirect|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare SMC Global with AxisDirect 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||AxisDirect|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||91-11-66075200||022-61480808|
|Account Opening Process||Online/Paperless||Online|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
|Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Mumbai- 400 070.
Compare SMC Global with AxisDirect on research reports and tips provided by the broker.
Compare SMC Global with AxisDirect 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 AxisDirect is ₹500 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 â€“ 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 AxisDirect is ₹10.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 Account Annual Maintenance Charges(AMC)||₹300 pa||₹500 pa|
|Advance Deposit||AMC will be charged in advance.||Nil|
|Statutory charges||Stamp Paper Charges||Nil|
|Transaction Charges on Debit (Per ISIN)||₹10+CDSL charges ₹5||₹10|
|Demat||₹150 per certificate||₹3 per certificate|
|Remat||₹150 for every hundred securities + depositry charges||₹10 for every hundred securities (Min ₹10)|
|Pledge Creation||₹20 per instruction+CDSL charges||₹25|
|Pledge Creation Confirmation||₹20||₹25|
|Pledge Closure Confirmation||₹20||₹25|
|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|
Compare SMC Global with AxisDirect on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|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 from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Payout Time||Upto 24 Hrs except Bank Holidays.||Instant to Axis Bank.|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Info Not Available||Direct from your Axis bank account.|
|Special Offers/Promo||Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.|
|Enquiry||Open Zerodha Account Now>>||Open Zerodha Account Now>>|
Last Updated on 2022-10-18T23:28:54+00:00
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