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SMC Global Vs AxisDirect: Which one is better?

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

  • 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 AxisDirect on Service

  SMC Global Compare
SMC Global
AxisDirect Compare
AxisDirect
Overall Rating Rated 3 stars Rated 3.5 stars
Brokerage Charges Rated 3 stars Rated 3.5 stars
Trading Platform Rated 3 stars Rated 3.5 stars
Investments Offering Rated 3 stars Rated 4 stars
Customer Service Rated 3 stars Rated 3.5 stars
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 1,58,580 3,89,282
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...Know more about AxisDirect
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

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

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 & Demat Account Opening Charges - Compare SMC Global with AxisDirect
Charges SMC Global AxisDirect
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
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 Yes Yes
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About Brokerage Plans

Compare SMC Global vs AxisDirect on Plan Options

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.

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

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare SMC Global vs AxisDirect on Brokerage Charges

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 with AxisDirect
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
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Share Broker's Transaction Charges

Compare SMC Global vs AxisDirect on Transaction Charges

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

Transaction Charges - Compare SMC Global with AxisDirect
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
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Account Features

Compare SMC Global vs AxisDirect on Account Features

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 - SMC Global with AxisDirect
Account Features Compare SMC Global AxisDirect
3 in 1 Account No SMC Global have 2-in-1 account. Only Demate and Trading account. Yes, SMC Global have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
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 2:45 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare SMC Global vs AxisDirect on Trading Platform

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 with AxisDirect
Trading Platform Compare SMC Global AxisDirect
Desktop Trading Platform ODIN Diet Ring
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.smcindiaonline.com/easytrade/ https://login.axisdirect.in/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SMCEasyTrade AxisDirect Ring Mobile App
Mobile Trading App Demo Info Not Available AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod SMCEasyTrade Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SMCEasyTrade Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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

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Broker Ratings by Users

Compare SMC Global vs AxisDirect on User Rating

  SMC Global AxisDirect
  6 Customer Reviews    Rate SMC Global 6 Customer Reviews    Rate AxisDirect
Fees Ratings 3.0 2.5
Trading Brokerage Rating 2.3 2.0
Trading Platform Usability 3.0 3.2
Customer Service Ratings 2.5 2.7
Overall Ratings Rated 2.8 stars Rated 2.3 stars
Broker Rating SMC Global is Rated 2.8 / 5 based on 6 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare SMC Global vs AxisDirect on Investment Offerings

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

Compare SMC Global vs AxisDirect on Order Types

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 Types - Compare SMC Global with AxisDirect
Order Type Compare SMC Global AxisDirect
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare SMC Global vs AxisDirect on Customer Service

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 Support - Compare SMC Global with AxisDirect
Customer Service Compare SMC Global AxisDirect
24/7 Customer Service SMC Global vs AxisDirect - 24x7 customer support No No
Email Support SMC Global vs AxisDirect - Email Support Yes Yes
Onine Live Chat SMC Global vs AxisDirect - Onine Live Chat No Yes
Phone Support SMC Global vs AxisDirect - Phone Support Yes Yes
Toll Free Number SMC Global vs AxisDirect - Toll Free Number Yes Yes
Through Branches SMC Global vs AxisDirect - Through Branches Yes Yes
Customer Care Number SMC Global vs AxisDirect - Customer Care Number 91-11-66075200 022-61480808
Account Opening Process SMC Global vs AxisDirect - Account Opening Process Online/Paperless Online
Customer Support Email SMC Global vs AxisDirect - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SMC Global vs AxisDirect - Knowledge Center/Education https://www.smctradeonline.com/research/new-letters https://simplehai.axisdirect.in/learn/overview
Head Office Address SMC Global vs AxisDirect - Head Office Address/Corporate 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,
Kurla (West),
Mumbai- 400 070.
Website SMC Global vs AxisDirect - Company Website https://www.smctradeonline.com https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare SMC Global vs AxisDirect on Research Reports, Tips

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

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

Compare SMC Global vs AxisDirect on Demat Account

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 – 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 Charges - Compare SMC Global with AxisDirect
  SMC Global AxisDirect
DP Source CDSL CDSL
DP ID SMC Global vs AxisDirect - DP ID 19100 49200
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 ₹20 ₹25
Pledge Closure Confirmation ₹20 ₹25
Pledge Invocation ₹20 Nil
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

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Special Offers,Advantages,Disadvantages

Compare SMC Global vs AxisDirect on Special Offers and Promotion

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

Compare SMC Global vs AxisDirect on Special Offers and Promotion
  SMC Global AxisDirect
Pay In and Pay Out Options SMC Global vs AxisDirect - 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 SMC Global vs AxisDirect - Payout Time Upto 24 Hrs except Bank Holidays. Instant to Axis Bank.
Bank Supported and Charges SMC Global vs AxisDirect - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Direct from your Axis bank account.
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...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

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...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

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