SBI Securities Vs SMC Global - Broker Comparison

Account Opening & AMC Charges

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SBICAP Securities Ltd SMC Global Limited
eZ-trade SMC Global Limited
Trading Account Opening Fee ₹850 ₹1000
Trading Account AMC ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹350 ₹300

Brokerage Charges

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SBICAP Securities Ltd SMC Global Limited
eZ-trade SMC Global Limited
Monthly Fee NA NA
Equity Delivery 0.50% 0.30%
Equity Intraday 0.05% 0.03%
Equity Future 0.05% 0.03%
Equity Options ₹100 per lot ₹70 per lot
Currency Futures 0.03% 0.03%
Currency Options ₹30 per lot ₹20 per lot
Commodity NA 0.03%

Transaction Charges (Per Crore)

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SBICAP Securities Ltd SMC Global Limited
eZ-trade SMC Global Limited
Equity Delivery NSE ₹386 | BSE ₹384 ₹350
Equity Intraday NSE ₹386 | BSE ₹384 ₹350
Equity Future * NSE ₹221 ₹290
Equity Options * NSE ₹5515 ₹6500
Currency Futures * NSE ₹221 ₹290
Currency Options NSE ₹5515 ₹6500

Other Charges

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


SBICAP Securities Ltd SMC Global Limited
eZ-trade SMC Global Limited
Minimum Brokerage 5 paisa for Eq Cash | 1 paisa for Eq future ₹25 per trade or 2.5% of the trade value whichever is lower
Call & Trade ₹10 per call after first 30 free calls -
DP Charges (on sell side) 0.01% (Minimum ₹21, Maximum ₹300) ₹15 per scrip
Other Miscellaneous Charges - -

Demat Account Charges

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SBICAP Securities Ltd SMC Global Limited
eZ-trade SMC Global Limited
Depository Service Provider CDSL CDSL
Account Opening Fee

Nil

Nil.

Advance Deposite

Nil

-
AMC

Individual Account with POA: ₹400 (₹350 for e-statement)

Individual Account without POA: ₹700

Corporate Account with POA: ₹800

Individual Account without POA: ₹1700

BSDA Account: DP holding < 50,000: Nil, DP holding > 50,000 <=2 Lac ₹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

₹5 per cert + ₹35 courier charges per request

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

Rematerialisation Charges

₹35 Per Request + CDSL Charges i.e. ₹10 per 100 securities or part quantity

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

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

Through POA - 0.01% of the transaction value (Minimum of ₹21 and Maximum of ₹300) per ISIN

Through DIS - 0.04% of the transaction value (Minimum of ₹30) 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

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

₹60

Pledge Creation Confirmation Charges

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

₹60

Pledge Invocation Charges

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

₹30

Failed Instruction Charges

₹10 per failed instruction.

₹20 per instruction

Other 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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SBICAP Securities Ltd SMC Global Limited
eZ-trade SMC Global Limited
Trading Platform ODIN ODIN

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