Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of SMC Global Max 0.05 to 0.50% per trade while the brokerage of Upstox ranges between Rs 20. SMC Global is a Full Service Broker where Upstox is a Discount Broker. SMC Global is having overall lower rating compare to Upstox. SMC Global is rated only 3 out of 5 where Upstox is rated 4.5 out of 5. Number of active customer for Upstox is 38,64,087 where number of active customer for SMC Global is 1,58,580. Upstox is serving more customer compare to SMC Global.
Here we present side-by-side comparison of SMC Global vs Upstox 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 Upstox'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 Upstox 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 Upstox's on
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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||NSE, BSE, MCX|
|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.||One of the best discount brokers in India 2023 with ₹20 flat brokerage charges, free mutual fund investment, fantastic feature-rich Upstox pro trading platform in web and app versions, and reliable customer service.|
Comparison of SMC Global with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - SMC Global offer Free account opening where Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Upstox offer Free AMC for Demat account where SMC Global charges Rs 400 PA (Free for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Free||Promotion offer: Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA (Free for 1st year)||Free|
|Provide DP Service|
Plans are the most important feature you look when compare SMC Global with Upstox. 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.
|Plan Types||SMC Global||Upstox|
|Account Opening Request|
SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.
Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others
|Brokerage Charges Compare||SMC Global||Upstox|
|Plan Name||Standard Trading Plan (Percentage Based)||Max Rs 20 Per Order Trading Plan|
|Equity Delivery||0.50% or 30 paisa||2.5% or Rs 20 whichever is lower|
|Equity Intraday||0.05% or 5 paisa||0.05% or Rs 20 whichever is lower|
|Equity Futures||0.05% or 5 paisa||0.05% or Rs 20 whichever is lower|
|Equity Options||Rs 100 Per Lot||Flat Fee Rs 20|
|Currency Futures||0.05% or 5 paisa||0.05% or Rs 20 whichever is lower|
|Currency Options||Rs 25 Per Lot||Flat Fee Rs 20|
|Commodity Trading||0.05% or 5 paisa||Flat Fee Rs 20|
|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||Rs 20 Per Executable Order|
|Auto Square off Charges||Free||Rs 20 Per Executable Order|
|Brokerage Calculator||Brokerage Calculator for SMC Global||Brokerage Calculator for Upstox|
Compare SMC Global with Upstox on transaction charges and PCM fee by segment.
|Transaction Charges Compare||SMC Global||Upstox|
|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 210 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5500 Per Cr|
|Currency Futures||Rs 110 Per Cr||Rs 150 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 6000 Per Cr|
|Commodity||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for smc-global-broker||Complete Brokerage Plans for upstox|
Compare SMC Global with Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where SMC Global offers only 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 - SMC Global offers a margin funding where Upstox doesn't offers margin funding. NRI Trading - SMC Global offers NRI where Upstox doesn't offers NRI Trading.
|Account Features Compare||SMC Global||Upstox|
|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 Upstox. 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||Upstox|
|Desktop Trading Platform||ODIN Diet||Upstox Pro|
|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://pro.upstox.com/|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||SMCEasyTrade||Upstox|
|Mobile Trading App Demo||Info Not Available||Upstox Demo|
|Android Mobile App|
|Android App Download||Andriod SMCEasyTrade Download||Andriod Upstox Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS SMCEasyTrade Download||iOS Upstox 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 Upstox|
|Futures Brokerage Calculator||Futures Brokerage Calculator for SMC Global||Futures Brokerage Calculator for Upstox|
|Options Brokerage Calculator||Options Brokerage Calculator for SMC Global||Options Brokerage Calculator for Upstox|
|Detail||Detail on Trading Platforms for smc-global-broker||Detail on Trading Platforms for upstox|
Compare SMC Global with Upstox 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 Upstox doesn't offer
|Investment Offerings Compare||SMC Global||Upstox|
|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 Upstox 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) - Upstox 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) - Upstox 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- SMC Global offers Good Till Cancelled (GTC) orders where Upstox doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||SMC Global||Upstox|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare SMC Global with Upstox 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 Service Compare||SMC Global||Upstox|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||91-11-66075200||+91 22 6130 9999|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||smc.c[email protected]||[email protected]|
|Head Office Address||SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
|Upstox Corporate Office
Senapati Bapat Marg,
Mumbai - 400 013
Compare SMC Global with Upstox on research reports and tips provided by the broker.
Compare SMC Global with Upstox 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 Upstox is ₹300 PA 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 â€“ 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 Upstox is ₹13 + ₹5.50 CDSL charges.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 Account Annual Maintenance Charges(AMC)||₹300 pa||₹300 PA|
|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||₹13 + ₹5.50 CDSL charges|
|Demat||₹150 per certificate||₹20 + ₹50 courier charges|
|Remat||₹150 for every hundred securities + depositry charges||₹100 for every hundred securities or ₹25 per certificate (whichever is higher)|
|Pledge Creation||₹20 per instruction+CDSL charges||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Creation Confirmation||₹20||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Closure||₹20||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Closure Confirmation||₹20||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Invocation||₹20||0.05% of the transaction value (Min ₹50)|
|Failed Instruction Charges||₹50 per instraction||₹50|
|Other Charges||DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges .||Nil|
Compare SMC Global with Upstox on the general features, advantages, disadvantages, payout 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 funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Upto 24 Hrs except Bank Holidays.||Max 24 hrs except bank holidays|
|Bank Supported and Charges||Info Not Available||Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.|
|Bank Detail||Info Not Available||HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
|Special Offers/Promo||Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs|
|Enquiry||Open Zerodha Account Now>>||Open Upstox Account Now>>|
Last Updated on 2022-10-18T23:28:54+00:00
Free Delivery for Lifetime
Flat ₹15 Per Trade in F&O
Rs 0 Demat AMC
FREE Account Opening (
Trade at Flat ₹20 per Trade Pay-as-you-go Demat AMC
Flat ₹20 Per Trade
Free Trading Tips & Software