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Reliance Securities Vs SMC Global - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)


Reliance Securities Limited SMC Global Limited
R Fixed plan R Flexi Plan SMC Global Limited
Trading Account Opening Fee ₹950 ₹950 ₹1000
Trading Account AMC ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0
Demat Account AMC * ₹400 ₹400 ₹300

Brokerage Charges

Compare the commission charged by the brokers for the trades executed


Reliance Securities Limited SMC Global Limited
R Fixed plan R Flexi Plan SMC Global Limited
Monthly Fee NA NA NA
Equity Delivery 0.40% 0.60% to 0.15% 0.30%
Equity Intraday 0.04% 0.06% to 0.015% 0.03%
Equity Future 0.04% 0.06% to 0.015% 0.03%
Equity Options ₹100 per lot ₹100 to ₹50 per lot ₹70 per lot
Currency Futures - - 0.03%
Currency Options - - ₹20 per lot
Commodity NA NA 0.03%

Transaction Charges (Per Crore)

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


Reliance Securities Limited SMC Global Limited
R Fixed plan R Flexi Plan SMC Global Limited
Equity Delivery ₹350 ₹350 ₹350
Equity Intraday ₹350 ₹350 ₹350
Equity Future * ₹330 ₹330 ₹290
Equity Options * ₹6300 ₹6300 ₹6500
Currency Futures * - - ₹290
Currency Options - - ₹6500

Other Charges

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


Reliance Securities Limited SMC Global Limited
R Fixed plan R Flexi Plan SMC Global Limited
Minimum Brokerage 5 Paise per share 5 Paise per share ₹25 per trade or 2.5% of the trade value whichever is lower
Call & Trade - - -
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% of transaction value (minimum Rs 27) 0.04% of transaction value (minimum Rs 27) ₹15 per scrip
Other Miscellaneous Charges - - -

Features

Compare key features offered the brokers.


Reliance Securities Limited SMC Global Limited
R Fixed plan R Flexi Plan SMC Global Limited
Trading Platform InstaXpress InstaXpress ODIN

Demat Account Charges

Find charges for the best Demat Account for small investors


Reliance Securities Limited SMC Global Limited
R Fixed plan R Flexi Plan SMC Global Limited
Depository Service Provider CDSL CDSL CDSL
Account Opening Fee

Nil

Nil

Nil.

Advance Deposite

Nil

Nil

-
AMC

Regular Demat Account

For Individual/HUFs/ Trust: Accounts - ₹400

For NRIs/Foreign Nationals: Nil

For Corporate / Other Non Individuals: ₹1000

BSDA (Basic Service Demat Account)

If Holding value is not greater than ₹50,000: Nil

If Holding value is between ₹50001 to ₹200000: ₹100

Regular Demat Account

For Individual/HUFs/ Trust: Accounts - ₹400

For NRIs/Foreign Nationals: Nil

For Corporate / Other Non Individuals: ₹1000

BSDA (Basic Service Demat Account)

If Holding value is not greater than ₹50,000: Nil

If Holding value is between ₹50001 to ₹200000: ₹100

₹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

₹30 per request + ₹5 for each certificate

₹30 per request + ₹5 for each certificate

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

Rematerialisation Charges

₹40 for 100 securities or a flat fee of ₹25 per certificate which ever is higher + postal charges

₹40 for 100 securities or a flat fee of ₹25 per certificate which ever is higher + postal charges

₹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 transaction value or minimum of ₹27 per ISIN

0.04% of transaction value or minimum of ₹27 per ISIN

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

₹0.05% of transaction value or minimum of ₹30 per ISIN

₹0.05% of transaction value or minimum of ₹30 per ISIN

₹60

Pledge Creation Confirmation Charges

₹0.05% of transaction value or minimum of ₹30 per ISIN

₹0.05% of transaction value or minimum of ₹30 per ISIN

₹60

Pledge Invocation Charges

₹0.05% of transaction value or minimum of ₹30 per ISIN

₹0.05% of transaction value or minimum of ₹30 per ISIN

₹30

Failed Instruction Charges

Nil

Nil

₹20 per instruction

Other Charges

Additional account statements for Individuals/HUFs/ Corporate: ₹40 per Statement

For NRI / Foreign Nationals: ₹100 per Statement

Additional account statements for Individuals/HUFs/ Corporate: ₹40 per Statement

For NRI / Foreign Nationals: ₹100 per Statement

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.