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ICICIDirect Vs SMC Global - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)


ICICI Securities Pvt Ltd. SMC Global Limited
I-Secure Plan I-Saver Plan SMC Global Limited
Trading Account Opening Fee ₹975 ₹975 ₹1000
Trading Account AMC ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0
Demat Account AMC * ₹600 ₹600 ₹300

Brokerage Charges

Compare the commission charged by the brokers for the trades executed


ICICI Securities Pvt Ltd. SMC Global Limited
I-Secure Plan I-Saver Plan SMC Global Limited
Monthly Fee NA NA NA
Equity Delivery 0.55% 0.75% to 0.25% 0.30%
Equity Intraday 0.28% 0.75% to 0.25% 0.03%
Equity Future 0.05% to 0.03% 0.05% to 0.03% 0.03%
Equity Options ₹95 to ₹35 per lot ₹95 to ₹65 per lot ₹70 per lot
Currency Futures 0.050% to 0.030% 0.05% to 0.03% 0.03%
Currency Options ₹25 to ₹10 per lot ₹95 to ₹65 per lot ₹20 per lot
Commodity NA NA 0.03%

Transaction Charges (Per Crore)

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ICICI Securities Pvt Ltd. SMC Global Limited
I-Secure Plan I-Saver Plan SMC Global Limited
Equity Delivery ₹310 ₹310 ₹350
Equity Intraday ₹310 ₹310 ₹350
Equity Future * ₹200 ₹200 ₹290
Equity Options * ₹5000 ₹5000 ₹6500
Currency Futures * ₹120 ₹120 ₹290
Currency Options ₹4000 ₹4000 ₹6500

Other Charges

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


ICICI Securities Pvt Ltd. SMC Global Limited
I-Secure Plan I-Saver Plan SMC Global Limited
Minimum Brokerage ₹35 per trade ₹35 per trade ₹25 per trade or 2.5% of the trade value whichever is lower
Call & Trade Rs 25 per call (20 calls free in a month) Rs 25 per call (20 calls free in a month) -
Stamp Duty * Charges as per the state of residence Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.04% (Min ₹25 and Max ₹25,000) 0.04% (Min ₹25 and Max ₹25,000) ₹15 per scrip
Other Miscellaneous Charges - - -

Demat Account Charges

Find charges for the best Demat Account for small investors


ICICI Securities Pvt Ltd. SMC Global Limited
I-Secure Plan I-Saver Plan SMC Global Limited
Depository Service Provider CDSL CDSL CDSL
Account Opening Fee

Stamp Duty at actuals

Stamp Duty at actuals

Nil.

Advance Deposite

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

-
AMC

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 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

₹50 Per Demat Request Form and ₹10 For Each Certificates

₹50 Per Demat Request Form and ₹10 For Each Certificates

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

Rematerialisation Charges

₹30 + CDSL charges at actual

₹30 + CDSL charges at actual

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

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

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹500 )

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹500 )

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

0.03% or minimum of ₹50

0.03% or minimum of ₹50

₹60

Pledge Creation Confirmation Charges

0.03% or minimum of ₹50

0.03% or minimum of ₹50

₹60

Pledge Invocation Charges

0.03% or minimum of ₹50

0.03% or minimum of ₹50

₹30

Failed Instruction Charges

₹30

₹30

₹20 per instruction

Other Charges

1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address.

2. ₹200 for restoring services if account is suspended for non payment of charges.

1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address.

2. ₹200 for restoring services if account is suspended for non payment of charges.

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

Features

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ICICI Securities Pvt Ltd. SMC Global Limited
I-Secure Plan I-Saver Plan SMC Global Limited
Trading Platform Trade Racer Trade Racer ODIN

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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.