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HDFC Securities Vs SMC Global - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)


HDFC Securities Ltd SMC Global Limited
Online Trading SMC Global Limited
Trading Account Opening Fee ₹999 ₹1000
Trading Account AMC ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹750 ₹300

Brokerage Charges

Compare the commission charged by the brokers for the trades executed


HDFC Securities Ltd SMC Global Limited
Online Trading SMC Global Limited
Monthly Fee NA NA
Equity Delivery 0.50% 0.30%
Equity Intraday 0.10% 0.03%
Equity Future 0.05% 0.03%
Equity Options ₹100 per lot ₹70 per lot
Currency Futures ₹23 per contract 0.03%
Currency Options ₹23 per contract ₹20 per lot
Commodity NA 0.03%

Transaction Charges (Per Crore)

Compare Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)


HDFC Securities Ltd SMC Global Limited
Online Trading SMC Global Limited
Equity Delivery - ₹350
Equity Intraday - ₹350
Equity Future * - ₹290
Equity Options * - ₹6500
Currency Futures * - ₹290
Currency Options - ₹6500

Other Charges

Compare miscellaneous charges, minimum fees and add-on service rates.


HDFC Securities Ltd SMC Global Limited
Online Trading SMC Global Limited
Minimum Brokerage ₹25 ₹25 per trade or 2.5% of the trade value whichever is lower
Call & Trade ₹0 -
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.04% of transaction value (minimum ₹25) ₹15 per scrip
Other Miscellaneous Charges - -

Features

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HDFC Securities Ltd SMC Global Limited
Online Trading SMC Global Limited
Trading Platform Blink ODIN

Demat Account Charges

Find charges for the best Demat Account for small investors


HDFC Securities Ltd SMC Global Limited
Online Trading SMC Global Limited
Depository Service Provider CDSL CDSL
Account Opening Fee

Nil

Nil.

Advance Deposite

₹7,500/-

-
AMC

For Non BSDA Individual a/c : ₹750 p.a

For BSDA Individual a/c:

  1. Holding value 0 to 50,000: Nil
  2. Holding value between 50,001 to 2,00,000: ₹100 p.a
  3. Holding value more than 2,00,000: ₹750 p.a.

For Corporate a/c:- ₹1,500 p.a

₹5 Per Certificate (₹30 for 1st Certificate) Courier Charges

Individual Client

General AMC Scheme: ₹300 P.A. (POA Clients), ₹350 P.A. (Non POA Clients)

Onetime Yearly AMC Scheme: ₹1000 P.A.(POA Clients), ₹1300 P.A. (Non POA Clients)

No AMC Scheme: ₹3000 Refundable Deposit

Corporate Clients: ₹1000 P.A.

Dematerialisation Charges

₹5 per certificate + ₹35 per Dematerialisation request submitted

Extra (₹25 for Local & ₹40 for outstation courier)

Rematerialisation Charges

₹30 per request + CDSL actuals

₹25 (For one certificate/100 shares) Courier Charges Extra(₹25 for Local & ₹40 for outstation courier)

Transaction Charges (Credit) - -
Transaction Charges (debit)

0.04% of the value of txn subj to min ₹20 per txn done by EASIEST. For BSDA a/c it's 0.06%, Min ₹40

0.04% of the value of txn subj to Min ₹25 per txn done by HDFC securities. For BSDA a/c It's 0.06%, Min ₹45

0.04% of the value of txn subj to Min ₹40 per txn undertaken by Manual txn. For BSDA a/c it's 0.06%, Min ₹60

For Debt txn 0.04% of the value of txn subj to Min ₹40 & Max ₹5,000 per txn. For BSDA a/c it's 0.06%, Min ₹60 & Max ₹5,000

If instruction is submitted on the date of execution then 0.25% of the value of txn subj to Min ₹25 per txn

On Maket Transaction: ₹15 (POA Clients), ₹20 (Non POA clients)

Off Market Instruction: 0.03% (subject to Min. ₹20 & Max. ₹50 Charges Per instruction)

Pledge Creation Charges

Nil

₹60

Pledge Creation Confirmation Charges

If the pledge is marked in favour of HDFC Bank:

0.02% of the value of the txn subject to min of ₹40 per txn

0.04% of the value of the txn subject to min of ₹60 per txn for BSDA a/c

₹60

Pledge Invocation Charges

If the pledge is marked to other than HDFC Bank

0.04% of the value of the txn subject to min of ₹40 per txn

2. 0.06%, of the value of the txn subject to min of ₹60 per txn for BSDA a/c

₹30

Failed Instruction Charges

Nil

₹20 per instruction

Other Charges

Mailing charges for non-periodic statements & other communication: ₹35 for inland & ₹500 for foreign address

For restoring services if account is suspended for non payment of charges: ₹250

Reissuance of Delivery Instruction Booklet (DIB): ₹75 per Booklet

Settlement Charges: ₹250 pm for CM Principle account & Unified Settlement account & ₹500 p.m for CM Settlement account

AMC charged yearly in advance.

DIS Book Charges: ₹30 (20 leafs)

Client Modification Charges: ₹25

Security deposit for CDSL 'easiest' facility (optional) is ₹2,500

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FAQs

No, there is no minimum balance / margin requirement while opening trading account with ProStocks. You only need to pay Rs 1000 as refundable deposit for demat account.  Later on, you can transfer funds as per your trading requirements.

We are charging .01% or Max Rs 50 per day as stamp duty except clients with Maharashtra address. Maharashtra clients pay .01% for Delivery and .002% for Intraday, Equity F&O and Currency Derivatives.