The brokerage of SMC Global Max .03 to .3% per trade while the brokerage of Fyers ranges between Rs 20. SMC Global is a Full Service Broker where Fyers is a Discount Broker. SMC Global is having overall lower rating compare to Fyers. SMC Global is rated only 3 out of 5 where Fyers is rated 4 out of 5.
Here we present side-by-side comparison of SMC Global vs Fyers 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 Fyers'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||Discount Broker|
|Exchanges Supported||NSE, BSE, MCX, NCDEX||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...||Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment.|
In this section we have compared SMC Global with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where SMC Global charges Rs 1000 for account opeing. Demat AMC charges - SMC Global charges Rs 300 PA AMC for Demat account where Fyers charges Rs 400 PA AMC for Demat account.
|Trading Account Opening Fees||Rs 1000||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA||Rs 400 PA|
|Provide DP Service|
Plans are the most important feature you look when compare SMC Global with Fyers. 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.
|Plan Types||SMC Global||Fyers|
|Account Opening Request|
SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
|Brokerage Charges Compare||SMC Global||Fyers|
|Plan Name||Standard Trading Plan (Percentage Based)||Max Rs 20 Per Order Trading Plan|
|Equity Delivery||0.3% or 30 paisa||Free|
|Equity Intraday||0.03% or 3 paisa||0.01% or Rs 20 whichever is lower|
|Equity Futures||0.03% or 3 paisa||0.01% or Rs 20 whichever is lower|
|Equity Options||Rs 70 Per Lot||Flat Fee Rs 20|
|Currency Futures||0.03% or 3 paisa||0.01% or Rs 20 whichever is lower|
|Currency Options||Rs 20 Per Lot||Flat Fee Rs 20|
|Commodity Trading||0.03% or 3 paisa||NA|
|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||No|
|Call & Trade Charges||Free||Rs 20 Per Order|
|Brokerage Calculator||Brokerage Calculator for SMC Global||Brokerage Calculator for Fyers|
|SPAN Margin Calculator||SPAN Margin Calculator for SMC Global||SPAN Margin Calculator for Fyers|
Compare SMC Global with Fyers on transaction charges and PCM fee by segment.
|Transaction Charges Compare||SMC Global||Fyers|
|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 240 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5900 Per Cr|
|Currency Futures||Rs 110 Per Cr||Rs 175 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 6500 Per Cr|
|Commodity||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr||NA|
|Brokerage Charges||Complete Brokerage Plans for smc-global-broker||Complete Brokerage Plans for fyers|
Compare SMC Global with Fyers 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 - both offers Algo tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - SMC Global offers margin funding where Fyers doesn't offers margin funding. NRI Trading - SMC Global offers NRI where Fyers doesn't offers NRI Trading.
|Account Features Compare||SMC Global||Fyers|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||NIL||Free Call & trade|
With our expert research team, we have compared all the major features of Trading platform b/w SMC Global and Fyers. 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||Fyers|
|Desktop Trading Platform||ODIN Diet||Fyers One|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.smcindiaonline.com/easytrade/||http://webtrader.fyers.in/userMaster/login|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||SMCEasyTrade||Fyers Markets|
|Mobile Trading App Demo||Info Not Available||Fyers Markets Demo|
|Android Mobile App|
|Android App Download||Andriod SMCEasyTrade Download||Andriod Fyers Markets Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS SMCEasyTrade Download||iOS Fyers Markets Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for SMC Global||Equity Intraday and Delivery Brokerage Calculator for Fyers|
|Futures Brokerage Calculator||Futures Brokerage Calculator for SMC Global||Futures Brokerage Calculator for Fyers|
|Options Brokerage Calculator||Options Brokerage Calculator for SMC Global||Options Brokerage Calculator for Fyers|
|Detail||Detail on Trading Platforms for smc-global-broker||Detail on Trading Platforms for fyers|
|4 Customer Reviews||5 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||Fyers is Rated 3.8 / 5 based on 5 customer reviews|
Compare SMC Global with Fyers 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 Fyers doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - SMC Global provide PMS Service where Fyers doesn't offer
|Investment Offerings Compare||SMC Global||Fyers|
|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 Fyers 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) - Fyers 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) - Fyers provides 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 Type Compare||SMC Global||Fyers|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre SMC Global with Fyers 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||Fyers|
|Equity Delivery Margin||Up to 3x leverage for equity delivery - via Margin Funding.||No Margin/Leverage for Equity delivery.|
|Equity Intraday Margin||Up to 10x leverage for equity.||Up to 16x leverage for equity.|
|Futures Margin||Up to 7x leverage for futures.||Up to 4x leverage for equity futures.|
|Options Margin||Info Not Available||Up to 4x for options selling and 1.3x for options buying.|
|Equity CO Margin||Info Not Available||Up to 20x leverage for equity cover order.|
|Futures CO Margin||Info Not Available||Up to 33x leverage for future cover order.|
|Options CO Margin||Info Not Available||Up to 33x leverage for options cover order.|
|Commodity Margin||Up to 3x leverage for commodity trading.||Info Not Available|
Compare SMC Global with Fyers 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||Fyers|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||91-11-66075200||080 4625 1111|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
Compare SMC Global with Fyers on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare SMC Global with Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details
|DP ID||19100||Info Not Available|
|Demat Account Annual Maintenance Charges(AMC)||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.||400 - Individual, 500 - Non Individual|
|Advance Deposit||AMC will be charged in advance.||NIL|
|Statutory charges||Service tax, other statutory levies and Stamp paper charges extra as applicable.||NIL|
|Transaction Charges on Debit (Per ISIN)||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.||Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]|
|Demat||Rs. 5/- Per Certificate (Rs. 30/- for 1st Certificate) Courier Charges Extra(Rs.25/- for Local & Rs.40/- for outstation courier)||2 per certificate + Rs.35 courier charges|
|Remat||Rs.25/- (For one certificate/100 shares) Courier Charges Extra(Rs.25/- for Local & Rs.40/- for outstation courier)||Rs 25|
|Pledge Creation||Rs.60/-||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Creation Confirmation||Rs.60/-||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Closure||Rs.30/-||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Closure Confirmation||Rs.30/-||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Invocation||Rs.30/-||0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually|
|Failed Instruction Charges||Rs. 20/- per instruction||Rs 30 per transaction|
|Other Charges||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.||Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request|
Compare SMC Global with Fyers 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 via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Upto 24 Hrs except Bank Holidays.||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Info Not Available||21+ bank connected via payment gatway, Rs 10 fee for per transaction.|
|Bank Detail||Info Not Available||Fyers Securities,
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
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 FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.|
|Enquiry||Enquire about SMC Global||Enquire about Fyers|
Last Updated on 2019-07-08T23:12:16+00:00