Compare 3 Brokers

SMC Global Vs Fyers: Which one is better?

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.

Compare SMC Global vs Fyers on Service

  SMC Global Compare
SMC Global
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? 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.
Broker Enquiry Open an Online Trading Account with SMC Global. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

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

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 & Demat Account Opening Charges - Compare SMC Global with Fyers
Charges SMC Global Fyers
Trading Account Opening Fees Rs 1000 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 400 PA
Provide DP Service Yes No
Expand

About Brokerage Plans

Compare SMC Global vs Fyers on Plan Options

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.

Compare SMC Global with Fyers on Plan Options
Plan Types SMC Global Fyers
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  SMC Global Fyers
Account Opening Request
Expand

Brokerage Charges

Compare SMC Global vs Fyers on Brokerage Charges

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 with Fyers
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
Expand

Share Broker's Transaction Charges

Compare SMC Global vs Fyers on Transaction Charges

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

Transaction Charges - Compare SMC Global with Fyers
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
Expand

Account Features

Compare SMC Global vs Fyers on Account Features

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 - SMC Global with Fyers
Account Features Compare SMC Global Fyers
3 in 1 Account No SMC Global have 2-in-1 account. Only Demate and Trading account. No SMC Global have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL Free Call & trade
Expand

Trading Platform

Compare SMC Global vs Fyers on Trading Platform

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 with Fyers
Trading Platform Compare SMC Global Fyers
Desktop Trading Platform ODIN Diet Fyers One
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/ http://webtrader.fyers.in/userMaster/login
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App SMCEasyTrade Fyers Markets
Mobile Trading App Demo Info Not Available Fyers Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod SMCEasyTrade Download Andriod Fyers Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SMCEasyTrade Download iOS Fyers Markets 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 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

Expand

Broker Ratings by Users

Compare SMC Global vs Fyers on User Rating

  SMC Global Fyers
  4 Customer Reviews    Rate SMC Global 5 Customer Reviews    Rate Fyers
Fees Ratings 3.0 3.4
Trading Brokerage Rating 2.3 3.8
Trading Platform Usability 2.5 4.2
Customer Service Ratings 2.3 4.0
Overall Ratings Rated 2.5 stars Rated 3.8 stars
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
Expand

Investment Offerings

Compare SMC Global vs Fyers on Investment Offerings

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

Order Types

Compare SMC Global vs Fyers on Order Types

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 Types - Compare SMC Global with Fyers
Order Type Compare SMC Global Fyers
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre No Yes
Bracket Ordre No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
Expand

Margin/Leverage

Compare SMC Global vs Fyers on Margin/Leverage

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.

Exposure/margin - Compare SMC Global with Fyers
Margin Product Compare SMC Global Fyers
Equity Delivery Margin SMC Global vs Fyers - Equity Delivery Margin Up to 3x leverage for equity delivery - via Margin Funding. No Margin/Leverage for Equity delivery.
Equity Intraday Margin SMC Global vs Fyers - Equity Intraday Margin Up to 10x leverage for equity. Up to 16x leverage for equity.
Futures Margin SMC Global vs Fyers - Futures Margin Up to 7x leverage for futures. Up to 4x leverage for equity futures.
Options Margin SMC Global vs Fyers - Options Margin Info Not Available Up to 4x for options selling and 1.3x for options buying.
Equity CO Margin SMC Global vs Fyers - Equity CO Margin Info Not Available Up to 20x leverage for equity cover order.
Futures CO Margin SMC Global vs Fyers - Futures CO Margin Info Not Available Up to 33x leverage for future cover order.
Options CO Margin SMC Global vs Fyers - Options CO Margin Info Not Available Up to 33x leverage for options cover order.
Commodity Margin SMC Global vs Fyers - Commodity Margin Up to 3x leverage for commodity trading. Info Not Available
Expand

Customer Service Offered

Compare SMC Global vs Fyers on Customer Service

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 Support - Compare SMC Global with Fyers
Customer Service Compare SMC Global Fyers
24/7 Customer Service SMC Global vs Fyers - 24x7 customer support No No
Email Support SMC Global vs Fyers - Email Support Yes Yes
Onine Live Chat SMC Global vs Fyers - Onine Live Chat No No
Phone Support SMC Global vs Fyers - Phone Support Yes Yes
Toll Free Number SMC Global vs Fyers - Toll Free Number Yes No
Through Branches SMC Global vs Fyers - Through Branches Yes No
Customer Care Number SMC Global vs Fyers - Customer Care Number 91-11-66075200 080 4625 1111
Account Opening Process SMC Global vs Fyers - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email SMC Global vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SMC Global vs Fyers - Knowledge Center/Education https://www.smctradeonline.com/research/new-letters https://fyers.in/faqs/
Head Office Address SMC Global vs Fyers - Head Office Address/Corporate Address SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi 110005
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Website SMC Global vs Fyers - Company Website https://www.smctradeonline.com https://fyers.in/
Expand

Tips/Research/Reports Published

Compare SMC Global vs Fyers on Research Reports, Tips

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

Research Reports - Compare SMC Global with Fyers
  SMC Global Fyers
Research Mutual Funds SMC Global vs Fyers - Research Mutual Funds Yes No
Research Equity Reports SMC Global vs Fyers - Research Equity Reports Yes No
Research ETF SMC Global vs Fyers - Research ETF Yes No
Daily Market Report SMC Global vs Fyers - Daily Market Report Yes No
Free Tips SMC Global vs Fyers - Free Tips Yes No
Quarterly Result Analysis SMC Global vs Fyers - Quarterly Results Yes No
News Alerts SMC Global vs Fyers - Yes Yes
Expand

Demat Account

Compare SMC Global vs Fyers on Demat Account

Compare SMC Global with Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare SMC Global with Fyers
  SMC Global Fyers
DP Source CDSL CDSL
DP ID SMC Global vs Fyers - 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

Expand

Special Offers,Advantages,Disadvantages

Compare SMC Global vs Fyers on Special Offers and Promotion

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

Compare SMC Global vs Fyers on Special Offers and Promotion
  SMC Global Fyers
Pay In and Pay Out Options SMC Global vs Fyers - 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 SMC Global vs Fyers - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges SMC Global vs Fyers - 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,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes

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.

Detail Review...

  1. Investment in mutual funds and advice on investment.
  2. Fyers trading and demat account opening is free and no minimum balance is required to open the account.
  3. In house and unique portfolio investment for new entrants in market called thematic investing at Rs 100 per theme.
  4. Detail Review...

Dislikes

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.

Detail Review...

  1. Trading can be done on NSE only.
  2. No own DP service,they have tie-up with IL&FS for demat services.
  3. Automated trading, bracket and cover orders are not available.
  4. DP charges on selling is higher compared to other discount brokers.

Detail Review...

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







Search topsharebrokers.com:

Translate topsharebrokers.com: