Compare 3 Brokers

SMC Global Vs Upstox: Which one is better?

The brokerage of SMC Global Max .03 to .3% 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.

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.

Compare SMC Global vs Upstox on Service

  SMC Global Compare
SMC Global
Upstox Compare
Upstox
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 BSE, NSE, MCX
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... From innovative tools to free trade opportunity to education and prioritizing customer service, Upstox, the cheapest stock broker provides clients everything they need and more to succeed in Indian share market.
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 Upstox. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

In this section we have compared SMC Global with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - SMC Global charges Rs 1000 for account opening where Upstox charges Rs 150 Equity/ Rs 150 Commodity for account opeing. Demat AMC charges - SMC Global charges Rs 300 PA AMC for Demat account where Upstox charges Rs 150 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SMC Global with Upstox
Charges SMC Global Upstox
Trading Account Opening Fees Rs 1000 Rs 150 Equity/ Rs 150 Commodity
Trading AMC Free Free
Demat Account Opening Fees Free Rs 150
Demat AMC Rs 300 PA Rs 150 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SMC Global vs Upstox on Plan Options

Plans are the most important feature you look when compare SMC Global with Upstox. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Upstox provides Multiple Plans where SMC Global doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

Compare SMC Global with Upstox on Plan Options
Plan Types SMC Global Upstox
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  SMC Global Upstox
Account Opening Request
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Brokerage Charges

Compare SMC Global vs Upstox on Brokerage Charges

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 with Upstox
Brokerage Charges Compare SMC Global Upstox
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 Flat Fee Rs 20
Equity Options Rs 70 Per Lot Flat Fee Rs 20
Currency Futures 0.03% or 3 paisa Flat Fee Rs 20
Currency Options Rs 20 Per Lot Flat Fee Rs 20
Commodity Trading 0.03% or 3 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
Brokerage Calculator Brokerage Calculator for SMC Global Brokerage Calculator for Upstox
SPAN Margin Calculator SPAN Margin Calculator for SMC Global SPAN Margin Calculator for Upstox
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Share Broker's Transaction Charges

Compare SMC Global vs Upstox on Transaction Charges

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

Transaction Charges - Compare SMC Global with Upstox
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
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Account Features

Compare SMC Global vs Upstox on Account Features

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 - 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 Upstox doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - SMC Global with Upstox
Account Features Compare SMC Global Upstox
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 No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare SMC Global vs Upstox on Trading Platform

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 link for mobile app to download and demo links for easy access.

Trading Platform - Compare SMC Global with Upstox
Trading Platform Compare SMC Global Upstox
Desktop Trading Platform ODIN Diet DartStock/Nest Trader/Fox Trader
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://pro.upstox.com/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SMCEasyTrade Upstox
Mobile Trading App Demo Info Not Available Upstox Demo
Android Mobile App Yes Yes
Android App Download Andriod SMCEasyTrade Download Andriod Upstox Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SMCEasyTrade Download iOS Upstox 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 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

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Broker Ratings by Users

Compare SMC Global vs Upstox on User Rating

  SMC Global Upstox
  4 Customer Reviews    Rate SMC Global 8 Customer Reviews    Rate Upstox
Fees Ratings 3.0 3.3
Trading Brokerage Rating 2.3 3.8
Trading Platform Usability 2.5 3.3
Customer Service Ratings 2.3 3.1
Overall Ratings Rated 2.5 stars Rated 3.3 stars
Broker Rating SMC Global is Rated 2.5 / 5 based on 4 customer reviews Upstox is Rated 3.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare SMC Global vs Upstox on Investment Offerings

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 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 Upstox doesn't offer

Investment Offerings - Compare SMC Global with Upstox
Investment Offerings Compare SMC Global Upstox
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
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
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Order Types

Compare SMC Global vs Upstox on Order Types

Order Type - Compare SMC Global with Upstox 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) - 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 facility. The orders are send 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 Types - Compare SMC Global with Upstox
Order Type Compare SMC Global Upstox
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 No
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Margin/Leverage

Compare SMC Global vs Upstox on Margin/Leverage

Comapre SMC Global with Upstox 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 Upstox
Margin Product Compare SMC Global Upstox
Equity Delivery Margin SMC Global vs Upstox - 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 Upstox - Equity Intraday Margin Up to 10x leverage for equity. Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan.
Futures Margin SMC Global vs Upstox - Futures Margin Up to 7x leverage for futures. Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks.
Options Margin SMC Global vs Upstox - Options Margin Info Not Available Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan - up to 5x for Index and 4x for Stock Options.No leverage on Options Buying.
Equity CO Margin SMC Global vs Upstox - Equity CO Margin Info Not Available Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan.
Futures CO Margin SMC Global vs Upstox - Futures CO Margin Info Not Available Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks.
Options CO Margin SMC Global vs Upstox - Options CO Margin Info Not Available Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan(PP) - up to 5x for Index and 4x for Stock Options, No leverage on Options Buying.
Commodity Margin SMC Global vs Upstox - Commodity Margin Up to 3x leverage for commodity trading. Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare SMC Global vs Upstox on Customer Service

Compare SMC Global with Upstox 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 Upstox
Customer Service Compare SMC Global Upstox
24/7 Customer Service SMC Global vs Upstox - 24x7 customer support No No
Email Support SMC Global vs Upstox - Email Support Yes Yes
Onine Live Chat SMC Global vs Upstox - Onine Live Chat No Yes
Phone Support SMC Global vs Upstox - Phone Support Yes Yes
Toll Free Number SMC Global vs Upstox - Toll Free Number Yes No
Through Branches SMC Global vs Upstox - Through Branches Yes Yes
Customer Care Number SMC Global vs Upstox - Customer Care Number 91-11-66075200 +91 22 6130 9999
Account Opening Process SMC Global vs Upstox - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email SMC Global vs Upstox - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SMC Global vs Upstox - Knowledge Center/Education https://www.smctradeonline.com/research/new-letters https://upstox.com/help-center/
Head Office Address SMC Global vs Upstox - Head Office Address/Corporate Address SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi 110005
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website SMC Global vs Upstox - Company Website https://www.smctradeonline.com https://upstox.com/
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Tips/Research/Reports Published

Compare SMC Global vs Upstox on Research Reports, Tips

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

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

Compare SMC Global vs Upstox on Demat Account

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

Demat Charges - Compare SMC Global with Upstox
  SMC Global Upstox
DP Source CDSL CDSL
DP ID SMC Global vs Upstox - DP ID 19100 81800
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. Rs. 300/- per annum.
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. Rs.8/- plus Rs.5.50/- (CDSL charges) per scrip.
Demat Rs. 5/- Per Certificate (Rs. 30/- for 1st Certificate) Courier Charges Extra(Rs.25/- for Local & Rs.40/- for outstation courier) Rs 2.00 per certificate plus courier charges of Rs. 35/- per demat request for every 500 gms.
Remat Rs.25/- (For one certificate/100 shares) Courier Charges Extra(Rs.25/- for Local & Rs.40/- for outstation courier) Rs. 25/- per certificate or 0.05% of the value whichever is higher.
Pledge Creation Rs.60/- 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Creation Confirmation Rs.60/- 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Closure Rs.30/- 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Closure Confirmation Rs.30/- 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Invocation Rs.30/- 0.05% of the transaction charges subject to a minimum of Rs. 50/-
Failed Instruction Charges Rs. 20/- per instruction Rs. 50/- 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. Demat Rejection Charges: Rs. 35/- per rejection for every 500 gms. Adhoc / Non periodic statement requests: Adhoc statement requests: - Rs. 25/- (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs. 10/- plus courier / postage charges. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

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Special Offers,Advantages,Disadvantages

Compare SMC Global vs Upstox on Special Offers and Promotion

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

Compare SMC Global vs Upstox on Special Offers and Promotion
  SMC Global Upstox
Pay In and Pay Out Options SMC Global vs Upstox - 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 SMC Global vs Upstox - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges SMC Global vs Upstox - 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
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...

  • Low cost brokerage structure.
  • Upstox branches available in Delhi, Mumbai, Pune and Ahmedabad.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.

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...

  • Upstox doesn't provide tips and recommendations.
  • Algo-trading facility is not available.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to online invest in IPO via Upstox Trading website/app.

Detail Review...

Special Offers/Promo 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades.
Enquiry Enquire about SMC Global Enquire about Upstox

Last Updated on 2019-07-08T23:12:16+00:00







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