The brokerage of SMC Global ranges between .03 to .3% 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.
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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||NSE, BSE, MCX, NCDEX||BSE, NSE|
|Broker Overview||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...||Since its inception in 2005, Axis Securities Limited aims to become a leading player in the Retail Broking Industry. The Broker is engaged in the business of marketing and selling of financial products of the Axis Bank Limited. The broker offers a si...|
In this section we have compared SMC Global with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - SMC Global charges Rs 1000 for account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - SMC Global charges Rs 300 PA AMC for Demat account where AxisDirect charges Rs 750 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Rs 1000||Rs 999|
|Demat Account Opening Fees||Free||Rs 650|
|Demat AMC||Rs 300 PA||Rs 750 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare SMC Global with AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect provides Multiple Plans where SMC Global doesn't offer Monthlay 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 - Fixed Plan Brokerage is simple and easy to understand. Axis Direct is right in line with its closest full-service competitors. Its .50% for equity trades is slightly less expensive than ICICI (.55%) while same as Kotak, HDFC and SBI (.50%).
|Brokerage Charges Compare||SMC Global||AxisDirect|
|Plan Name||Standard Trading Plan (Percentage Based)||Fixed Brokerage Trading Plan (Percentage Based)|
|Equity Delivery||0.3% or 30 paisa||0.5% or 50 paisa|
|Equity Intraday||0.03% or 3 paisa||0.05% or 5 paisa|
|Equity Futures||0.03% or 3 paisa||0.05% or 5 paisa|
|Equity Options||Rs 70 Per Lot||Rs 10 Per Lot|
|Currency Futures||0.03% or 3 paisa||0.05% or 5 paisa|
|Currency Options||Rs 20 Per Lot||Rs 20 Per Lot|
|Commodity Trading||0.03% or 3 paisa||Futures - .03 or 3 paisa, 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||20 calls Free and after that Rs 20 per call|
|Brokerage Calculator||Brokerage Calculator for SMC Global||Brokerage Calculator for AxisDirect|
|SPAN Margin Calculator||SPAN Margin Calculator for SMC Global||SPAN Margin 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 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - both brokers 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 link for mobile app to download and demo links for easy access.
|Trading Platform Compare||SMC Global||AxisDirect|
|Desktop Trading Platform||ODIN Diet||DIRECTTrade|
|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 Mobile|
|Mobile Trading App Demo||Info Not Available||AxisDirect Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod SMCEasyTrade Download||Andriod AxisDirect Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS SMCEasyTrade Download||iOS AxisDirect Mobile 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|
|4 Customer Reviews||4 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||SMC Global is Rated 2.5 / 5 based on 4 customer reviews||AxisDirect is Rated 2.8 / 5 based on 4 customer reviews|
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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - both brokers 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 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) - 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 brokers 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 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||SMC Global||AxisDirect|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre SMC Global with AxisDirect 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||SMC Global||AxisDirect|
|Equity Delivery Margin||Up to 3x leverage for equity delivery - via Margin Funding.||Upto 4x via Margin Funding for T+30 days|
|Equity Intraday Margin||Up to 10x or 10% subject to Var and ELM.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||1x means actual SPAN + Exposure.||1x means actual SPAN + Exposure.|
|Options Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare SMC Global with AxisDirect 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||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||Offline|
|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 broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare SMC Global with AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹250 pa||₹500 pa|
|Advance Deposit||AMC will be charged in advance.||Nil|
|Statutory charges||Stamp Paper Charges||Nil|
|Transaction Charges on Debit (Per ISIN)||₹12||₹10|
|Demat||₹3 per certificate + courier charges||₹3 per certificate|
|Remat||₹20 for every hundred securities + courier charges||₹10 for every hundred securities (Min ₹10)|
|Pledge Creation||₹50 per instruction||₹25|
|Pledge Creation Confirmation||₹50 per instruction||₹25|
|Pledge Closure||₹25 per instruction||₹25|
|Pledge Closure Confirmation||₹25 per instruction||₹25|
|Pledge Invocation||₹25 per instruction||Nil|
|Failed Instruction Charges||₹20||Nil|
Compare SMC Global with AxisDirect on general features, advantages, disadvantages, pay out 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.|
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 Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.|
|Enquiry||Enquire about SMC Global||Enquire about AxisDirect|
Last Updated on 2019-07-08T23:12:16+00:00