The brokerage of SMC Global ranges between .03 to .3% while the brokerage of Nirmal Bang ranges between .02% to .20%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3 out of 5.
Here we present side-by-side comparison of SMC Global vs Nirmal Bang 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 Nirmal Bang'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, MCX, NCDEX|
|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...||Nirmal Bang empowers you with world-renowned research reports, finest trading platform, IPO investment, portfolio management services and so on for successful investment and trading comforts.|
In this section we have compared SMC Global with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Nirmal Bang 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 Nirmal Bang charges Rs 200 PA AMC for Demat account.
|Charges||SMC Global||Nirmal Bang|
|Trading Account Opening Fees||Rs 1000||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA||Rs 200 PA|
|Provide DP Service|
Plans are the most important feature you look when compare SMC Global with Nirmal Bang. 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||Nirmal Bang|
|SMC Global||Nirmal Bang|
|Account Opening Request|
SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.
Nirmal Bang Brokerage Plan detail - This is a standard plan by Nirmal Bang.This is % based brokerage plan.
|Brokerage Charges Compare||SMC Global||Nirmal Bang|
|Plan Name||Standard Trading Plan (Percentage Based)||Basic Trading Plan (Percentage Based)|
|Equity Delivery||0.3% or 30 paisa||0.2% or 20 paisa|
|Equity Intraday||0.03% or 3 paisa||0.02% or 2 paisa|
|Equity Futures||0.03% or 3 paisa||0.02% or 2 paisa|
|Equity Options||Rs 70 Per Lot||Rs 100 Per Lot|
|Currency Futures||0.03% or 3 paisa||0.02% or 2 paisa|
|Currency Options||Rs 20 Per Lot||Rs 20 Per Lot|
|Commodity Trading||0.03% or 3 paisa||0.02% or 2 paisa|
|Minimum Brokerage||Rs 25 per trade or 2.5% of the trade value whichever is lower||NIL|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Yes - 18% interest PA||Info Not Available|
|Call & Trade Charges||Free||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for SMC Global||Brokerage Calculator for Nirmal Bang|
|SPAN Margin Calculator||SPAN Margin Calculator for SMC Global||SPAN Margin Calculator for Nirmal Bang|
Compare SMC Global with Nirmal Bang on transaction charges and PCM fee by segment.
|Transaction Charges Compare||SMC Global||Nirmal Bang|
|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 110 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4000 Per Cr|
|Commodity||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for smc-global-broker||Complete Brokerage Plans for nirmal-bang|
Compare SMC Global with Nirmal Bang 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 - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - SMC Global offers NRI where Nirmal Bang doesn't offers NRI Trading.
|Account Features Compare||SMC Global||Nirmal Bang|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w SMC Global and Nirmal Bang. 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||Nirmal Bang|
|Desktop Trading Platform||ODIN Diet||ODIN Diet|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.smcindiaonline.com/easytrade/||https://nbtrade.nirmalbang.net/netnetlite/|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||SMCEasyTrade||Beyond|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod SMCEasyTrade Download||Andriod Beyond Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS SMCEasyTrade Download||iOS Beyond Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for SMC Global||Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang|
|Futures Brokerage Calculator||Futures Brokerage Calculator for SMC Global||Futures Brokerage Calculator for Nirmal Bang|
|Options Brokerage Calculator||Options Brokerage Calculator for SMC Global||Options Brokerage Calculator for Nirmal Bang|
|Detail||Detail on Trading Platforms for smc-global-broker||Detail on Trading Platforms for nirmal-bang|
|SMC Global||Nirmal Bang|
|4 Customer Reviews||2 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||Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews|
Compare SMC Global with Nirmal Bang 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 Nirmal Bang doesn't offer
|Investment Offerings Compare||SMC Global||Nirmal Bang|
|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 Nirmal Bang 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) - both brokers don't have Cover Orders (CO).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- SMC Global offers Good Till Cancelled (GTC) orders where Nirmal Bang doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||SMC Global||Nirmal Bang|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre SMC Global with Nirmal Bang 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||Nirmal Bang|
|Equity Delivery Margin||Up to 3x leverage for equity delivery - via Margin Funding.||Info Not Available|
|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 Nirmal Bang 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||Nirmal Bang|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||91-11-66075200||Info Not Available|
|Account Opening Process||Online/Paperless||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://www.smctradeonline.com/research/new-letters||Info Not Available|
|Head Office Address||SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
|Info Not Available|
|Website||https://www.smctradeonline.com||Info Not Available|
Compare SMC Global with Nirmal Bang on research reports and tips provided by broker.
|SMC Global||Nirmal Bang|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare SMC Global with Nirmal Bang on Demat Service and Charges. This section cover about demat charges, demat service and other details
|SMC Global||Nirmal Bang|
|Demat Account Annual Maintenance Charges(AMC)||₹250 pa||₹200 pa or ₹1000 for life time amc|
|Advance Deposit||AMC will be charged in advance.||NIL|
|Statutory charges||Stamp Paper Charges||Nil|
|Transaction Charges on Debit (Per ISIN)||₹12||0.03% of the transaction value (Min ₹15)|
|Demat||₹3 per certificate + courier charges||₹40 per demat requets + ₹40 for additional 50 certificate|
|Remat||₹20 for every hundred securities + courier charges||0.04% of the value or ₹15 per certificate (whichever is higher)|
|Pledge Creation||₹50 per instruction||0.02% of the transaction value (Min ₹100)|
|Pledge Creation Confirmation||₹50 per instruction||Nil|
|Pledge Closure||₹25 per instruction||0.02% of the transaction value (Min ₹100)|
|Pledge Closure Confirmation||₹25 per instruction||Nil|
|Pledge Invocation||₹25 per instruction||0.02% of the transaction value (Min ₹100)|
|Failed Instruction Charges||₹20||Nil|
Compare SMC Global with Nirmal Bang on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|SMC Global||Nirmal Bang|
|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
|Info Not Available|
|Payout Time||Upto 24 Hrs except Bank Holidays.||Info Not Available|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Info Not Available||Info Not Available|
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.
Great customer support, PAN India presence, research reports, branch offices, free call and trade facility.
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.
Minimum brokerage charges, charges for charts & technical analysis software.
|Enquiry||Enquire about SMC Global||Enquire about Nirmal Bang|
Last Updated on 2019-07-08T23:12:16+00:00