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Sharekhan Vs SMC Global - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)


Sharekhan SMC Global Limited
Classic Account SMC Global Limited
Trading Account Opening Fee ₹750 ₹1000
Trading Account AMC ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹400 ₹300

Brokerage Charges

Compare the commission charged by the brokers for the trades executed


Sharekhan SMC Global Limited
Classic Account SMC Global Limited
Monthly Fee NA NA
Equity Delivery 0.50% 0.30%
Equity Intraday 0.10% 0.03%
Equity Future 0.10% 0.03%
Equity Options ₹100 per lot ₹70 per lot
Currency Futures 0.10% 0.03%
Currency Options ₹30 per lot ₹20 per lot
Commodity 0.10% 0.03%

Transaction Charges (Per Crore)

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


Sharekhan SMC Global Limited
Classic Account SMC Global Limited
Equity Delivery NSE ₹325 | BSE ₹275 ₹350
Equity Intraday NSE ₹325 | BSE ₹275 ₹350
Equity Future * NSE ₹190 | BSE ₹50 ₹290
Equity Options * NSE ₹5000 | BSE ₹50 ₹6500
Currency Futures * NSE ₹135 | MCX ₹130 ₹290
Currency Options NSE ₹4220 | MCX ₹3220 ₹6500

Other Charges

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


Sharekhan SMC Global Limited
Classic Account SMC Global Limited
Minimum Brokerage ₹16 per script ₹25 per trade or 2.5% of the trade value whichever is lower
Call & Trade Rs 0 -
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) Rs 0 ₹15 per scrip
Other Miscellaneous Charges - -

Features

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Sharekhan SMC Global Limited
Classic Account SMC Global Limited
Trading Platform TradeTiger ODIN

Demat Account Charges

Find charges for the best Demat Account for small investors


Sharekhan SMC Global Limited
Classic Account SMC Global Limited
Depository Service Provider CDSL CDSL
Account Opening Fee

Actual Stamp Paper Charges

Nil.

Advance Deposite

₹500 Advance which will be adjusted against billing (Optional)

Tariff D - Deposit ₹2999 (refund of deposit ₹2000 on closure)

-
AMC

Scheme A: ₹400,
Scheme B: ₹500,
Scheme C: ₹350,
Scheme D: Nil,
Scheme E: ₹100,
Scheme F: ₹500,
Scheme H: ₹1000,
Scheme G: Nil(holding Value <= ₹50000) or 100(holding Value from ₹50001 to ₹200000)or 400(holding Value >₹200000)

Scheme A, C, E & H: Free for the 1st Year.

₹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 (Min ₹50 per request for Tariff A,B,C,D,E,F & H) (Min ₹100 per request for Tariff G )

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

Rematerialisation Charges

₹50 per certificate or ₹50 for every hundred securities

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

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

Scheme A & B: Sales through Sharekhan: ₹0 Else 0.03% of value of tran(min ₹30),

Scheme C & D: Sales through Sharekhan ₹6 Per tran Else 0.03% of value of tran(min ₹30),

Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min ₹29, H:min ₹30) Else 0.03% of value of tran(min ₹49),

Scheme F: 0.03% of value of tran(min ₹30),

Scheme G: 0.03% of value of tran(min ₹49)

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 % of the value of the Transaction (Min ₹100 per transaction)

₹60

Pledge Creation Confirmation Charges

Nil

₹60

Pledge Invocation Charges

Nil

₹30

Failed Instruction Charges

Nil

₹20 per instruction

Other Charges
  1. Freeze /De-freeze - ₹25 per request
  2. Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
  3. Client Master changes ₹30 per request for Tariff G

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.