TopShareBrokers.com Logo
FREE Account Opening + Zero AMC Fees* + MutualFund SIP
Loading...

SMC Global Vs Indira Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of SMC Global ranges between 0.05 to 0.50% while the brokerage of Indira Securities ranges between 0.01% to 0.10%. Both the brokers are Full Service brokers. SMC Global is having overall lower rating compare to Indira Securities. SMC Global is rated only 3 out of 5 where Indira Securities is rated 4 out of 5. Number of active customer for SMC Global is 1,58,580 where number of active customer for Indira Securities is 8,665. SMC Global is serving more customer compare to Indira Securities.

Here we present side-by-side comparison of SMC Global vs Indira Securities 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 Indira Securities'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 Indira Securities 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 Indira Securities'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 Indira Securities on Service

  SMC Global Compare
SMC Global
Indira Securities Compare
Indira Securities
Overall Rating Rated 3 stars Rated 4 stars
Brokerage Charges Rated 3 stars Rated 4 stars
Trading Platform Rated 3 stars Rated 3.5 stars
Investments Offering Rated 3 stars Rated 4 stars
Customer Service Rated 3 stars Rated 4 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, MCX
Active Clients 1,58,580 8,665
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. Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the...Know more about Indira Securities
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare SMC Global vs Indira Securities on Trading & Demat Account Opening Charges

Comparison of SMC Global with Indira Securities on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - SMC Global charges Rs 400 PA (Free for 1st year) AMC for Demat account where Indira Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SMC Global with Indira Securities
Charges SMC Global Indira Securities
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Free for 1st year) Rs 400 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare SMC Global vs Indira Securities on Plan Options

Plans are the most important feature you look when compare SMC Global with Indira Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare SMC Global vs Indira Securities on Brokerage Charges

SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.

Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.

Brokerage Charges - Compare SMC Global with Indira Securities
Brokerage Charges Compare SMC Global Indira Securities
Plan Name Standard Trading Plan (Percentage Based) Traditional Brokerage Plan
Equity Delivery 0.50% or 30 paisa 0.10%
Equity Intraday 0.05% or 5 paisa 0.01%
Equity Futures 0.05% or 5 paisa 0.01%
Equity Options Rs 100 Per Lot Rs. 25 per lot (both side)
Currency Futures 0.05% or 5 paisa Flat Fee Rs 20
Currency Options Rs 25 Per Lot Futures: 0.01%|Options: Rs. 25 per lot (both side)
Commodity Trading 0.05% or 5 paisa Futures: 0.01%|Options: Rs. 25 per lot (both side)
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower NA
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Free Free
Auto Square off Charges Free Free
Brokerage Calculator Brokerage Calculator for SMC Global Brokerage Calculator for Indira Securities
Expand

Share Broker's Transaction Charges

Compare SMC Global vs Indira Securities on Transaction Charges

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

Transaction Charges - Compare SMC Global with Indira Securities
Transaction Charges Compare SMC Global Indira Securities
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 120 Per Cr
Currency Options Rs 4000 Per Cr Rs 500 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri Rs 260| Agri Rs 600 Per Cr
Brokerage Charges Complete Brokerage Plans for smc-global-broker Complete Brokerage Plans for indira-securities
Expand

Account Features

Compare SMC Global vs Indira Securities on Account Features

Compare SMC Global with Indira Securities 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 trading/Automated Trading/Robotic trading/Program Trading for equity. 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 Indira Securities
Account Features Compare SMC Global Indira Securities
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 Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare SMC Global vs Indira Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SMC Global and Indira Securities. 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 Indira Securities
Trading Platform Compare SMC Global Indira Securities
Desktop Trading Platform ODIN Diet ODIN Diet
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://www.indiratrade.com/trade-online
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SMCEasyTrade TradeInsta
Mobile Trading App Demo Info Not Available TradeInsta Demo
Android Mobile App Yes Yes
Android App Download Andriod SMCEasyTrade Download Andriod TradeInsta Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SMCEasyTrade Download iOS TradeInsta 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 Indira Securities
Futures Brokerage Calculator Futures Brokerage Calculator for SMC Global Futures Brokerage Calculator for Indira Securities
Options Brokerage Calculator Options Brokerage Calculator for SMC Global Options Brokerage Calculator for Indira Securities
Detail Detail on Trading Platforms for smc-global-broker Detail on Trading Platforms for indira-securities

Expand

Broker Ratings by Users

Compare SMC Global vs Indira Securities on User Rating

  SMC Global Indira Securities
  6 Customer Reviews    Rate SMC Global 1 Customer Reviews    Rate Indira Securities
Fees Ratings 3.0 2.0
Trading Brokerage Rating 2.3 4.0
Trading Platform Usability 3.0 2.0
Customer Service Ratings 2.5 2.0
Overall Ratings Rated 2.8 stars Rated 3.0 stars
Broker Rating SMC Global is Rated 2.8 / 5 based on 6 customer reviews Indira Securities is Rated 3.0 / 5 based on 1 customer reviews
Expand

Investment Offerings

Compare SMC Global vs Indira Securities on Investment Offerings

Compare SMC Global with Indira Securities 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 Indira Securities doesn't offer

Investment Offerings - Compare SMC Global with Indira Securities
Investment Offerings Compare SMC Global Indira Securities
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 No
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service Yes No
Other Investment Options Insurance NIL
Expand

Order Types

Compare SMC Global vs Indira Securities on Order Types

Order Type - Compare SMC Global with Indira Securities 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) - Indira Securities 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) - Indira Securities 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 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 Indira Securities
Order Type Compare SMC Global Indira Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
Expand

Customer Service Offered

Compare SMC Global vs Indira Securities on Customer Service

Compare SMC Global with Indira Securities 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 Indira Securities
Customer Service Compare SMC Global Indira Securities
24/7 Customer Service SMC Global vs Indira Securities - 24x7 customer support No Yes
Email Support SMC Global vs Indira Securities - Email Support Yes Yes
Onine Live Chat SMC Global vs Indira Securities - Onine Live Chat No Yes
Phone Support SMC Global vs Indira Securities - Phone Support Yes Yes
Toll Free Number SMC Global vs Indira Securities - Toll Free Number Yes Yes
Through Branches SMC Global vs Indira Securities - Through Branches Yes Yes
Customer Care Number SMC Global vs Indira Securities - Customer Care Number 91-11-66075200 +91-(0)731-4797105/115/146
Account Opening Process SMC Global vs Indira Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email SMC Global vs Indira Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SMC Global vs Indira Securities - Knowledge Center/Education https://www.smctradeonline.com/research/new-letters https://www.indiratrade.com/blog
Head Office Address SMC Global vs Indira Securities - Head Office Address/Corporate Address SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Website SMC Global vs Indira Securities - Company Website https://www.smctradeonline.com https://www.indiratrade.com/
Expand

Tips/Research/Reports Published

Compare SMC Global vs Indira Securities on Research Reports, Tips

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

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

Demat Account

Compare SMC Global vs Indira Securities on Demat Account

Compare SMC Global with Indira Securities 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 Indira Securities is ₹450 pa (Second year onwards) 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 Indira Securities is ₹20 or 0.02% whichever is higher.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 Indira Securities
  SMC Global Indira Securities
DP Source CDSL CDSL
DP ID SMC Global vs Indira Securities - DP ID 19100 752000
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹450 pa (Second year onwards)
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 ₹20 or 0.02% whichever is higher
Demat ₹150 per certificate ₹5 per certificate + ₹35 courier charges
Remat ₹150 for every hundred securities + depositry charges ₹50 per RRN
Pledge Creation ₹20 per instruction+CDSL charges ₹50
Pledge Creation Confirmation ₹20 Nil
Pledge Closure ₹20 ₹50
Pledge Closure Confirmation ₹20 Nil
Pledge Invocation ₹20 ₹50 or 0.02% whichever is higher
Failed Instruction Charges ₹50 per instraction ₹25
Other Charges DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges . Book Charges ₹20,POA Charges ₹130

Expand

Special Offers,Advantages,Disadvantages

Compare SMC Global vs Indira Securities on Special Offers and Promotion

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

Compare SMC Global vs Indira Securities on Special Offers and Promotion
  SMC Global Indira Securities
Pay In and Pay Out Options SMC Global vs Indira Securities - 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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.

Pay-out/Fund Withdrawal - Bank Transfer only

Payout Time SMC Global vs Indira Securities - Payout Time Upto 24 Hrs except Bank Holidays.

Max 24 hrs except bank holidays

Bank Supported and Charges SMC Global vs Indira Securities - Bank Supported and Charges Info Not Available

Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).

Bank Detail Info Not Available HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
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...

  • Trade in shares, derivatives, commodities, and currencies.
  • Paperless account opening at zero charges.
  • Invest in mutual funds online.
  • Safe & secure trading platform; Trade Insta app and Trader Terminal.
  • Free stock trading tips, and research & advisory.
  • Automated trading and robotic advisory services.
  • Free call & trade
  • Place advance order like bracket order, cover order, after market order.
  • Refer & earn benefits.
  • Margin trading facility.

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...

  • 24*7 customer support is not available.
  • You cannot open a 3-in-1 account with Indira Securities.
  • It doesn’t facilitate NRI trading services.
  • High brokerage charges compared to other brokers.
  • MF Planet platform only provides regular mutual fund schemes.

Detail Review...

Special Offers/Promo Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2022-10-18T23:28:54+00:00