SMC Global Vs Edelweiss - Broker Comparison

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Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

	SMC Global Limited	Standard Plan	Prepaid Plan - 6 Months	Prepaid Plan - 3 Months
	SMC Global Limited	Edelweiss Broking Ltd
Trading Account Opening Fee	₹1000	₹750	₹750	₹750
Trading Account AMC	₹0	₹0	₹0	₹0
Demat Account Opening Fee	₹0	₹0	₹0	₹0
Demat Account AMC *	₹300	₹500	₹500	₹500

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

	SMC Global Limited	Standard Plan	Prepaid Plan - 6 Months	Prepaid Plan - 3 Months
	SMC Global Limited	Edelweiss Broking Ltd
Monthly Fee	NA	NA	₹1250 for 6 months	₹1.11 Lakh for 3 months
Equity Delivery	0.30%	0.50%	0.45%	0.10%
Equity Intraday	0.03%	0.05%	0.05%	0.01%
Equity Future	0.03%	0.05%	0.05%	0.01%
Equity Options	₹70 per lot	2.50% or ₹100 per lot	-	-
Currency Futures	0.03%	0.03%	-	-
Currency Options	₹20 per lot	₹15 per lot	-	-
Commodity	0.03%	-	-	-

Transaction Charges (Per Crore)

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

	SMC Global Limited	Standard Plan	Prepaid Plan - 6 Months	Prepaid Plan - 3 Months
	SMC Global Limited	Edelweiss Broking Ltd
Equity Delivery	₹350	NSE ₹325 \| BSE ₹275	NSE ₹325 \| BSE ₹275	NSE ₹325 \| BSE ₹275
Equity Intraday	₹350	NSE ₹325 \| BSE ₹275	NSE ₹325 \| BSE ₹275	NSE ₹325 \| BSE ₹275
Equity Future *	₹290	NSE ₹190 \| BSE ₹190	NSE ₹190 \| BSE ₹190	NSE ₹190 \| BSE ₹190
Equity Options *	₹6500	NSE ₹5000 \| BSE ₹5000	NSE ₹5000 \| BSE ₹5000	NSE ₹5000 \| BSE ₹5000
Currency Futures *	₹290	NSE ₹115 \| BSE ₹115	NSE ₹115 \| BSE ₹115	NSE ₹115 \| BSE ₹115
Currency Options	₹6500	NSE ₹4000 \| BSE ₹4000	NSE ₹4000 \| BSE ₹4000	NSE ₹4000 \| BSE ₹4000

Other Charges

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

	SMC Global Limited	Standard Plan	Prepaid Plan - 6 Months	Prepaid Plan - 3 Months
	SMC Global Limited	Edelweiss Broking Ltd
Minimum Brokerage	₹25 per trade or 2.5% of the trade value whichever is lower	3 paisa per share in delivery, 1 paisa per share on Intraday and Futures	3 paisa per share in delivery, 1 paisa per share on Intraday and Futures	3 paisa per share in delivery, 1 paisa per share on Intraday and Futures
Call & Trade	-	Rs 0	Rs 0	Rs 0
DP Charges (on sell side)	₹15 per scrip	₹11 + ₹5.5 (CDSL) per scrip	₹11 + ₹5.5 (CDSL) per scrip	₹11 + ₹5.5 (CDSL) per scrip
Other Miscellaneous Charges	-	-	-	-

Demat Account Charges

Find charges for the best Demat Account for small investors

	SMC Global Limited	Standard Plan	Prepaid Plan - 6 Months	Prepaid Plan - 3 Months
	SMC Global Limited	Edelweiss Broking Ltd
Depository Service Provider	CDSL	CDSL	CDSL	CDSL
Account Opening Fee	Nil.	Nil	Nil	Nil
Advance Deposite	-	Lifetime AMC: ₹1500 one time (Star Scheme)	Lifetime AMC: ₹1500 one time (Star Scheme)	Lifetime AMC: ₹1500 one time (Star Scheme)
AMC	₹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.	Star Scheme: Nil Regular Scheme (With POA or Non POA): ₹500 per year (Free for 1st year). Additional ₹500 will be charged annually for Corporate accounts.	Star Scheme: Nil Regular Scheme (With POA or Non POA): ₹500 per year (Free for 1st year). Additional ₹500 will be charged annually for Corporate accounts.	Star Scheme: Nil Regular Scheme (With POA or Non POA): ₹500 per year (Free for 1st year). Additional ₹500 will be charged annually for Corporate accounts.
Dematerialisation Charges	Extra (₹25 for Local & ₹40 for outstation courier)	₹2 Per Certificate + ₹30 for Postage	₹2 Per Certificate + ₹30 for Postage	₹2 Per Certificate + ₹30 for Postage
Rematerialisation Charges	₹25 (For one certificate/100 shares) Courier Charges Extra(₹25 for Local & ₹40 for outstation courier)	₹10 per 100 securities or part thereof (Subject to min ₹10 per request) + ₹30 for Postage	₹10 per 100 securities or part thereof (Subject to min ₹10 per request) + ₹30 for Postage	₹10 per 100 securities or part thereof (Subject to min ₹10 per request) + ₹30 for Postage
Transaction Charges (Credit)	-	-	-	-
Transaction Charges (debit)	On Maket Transaction: ₹15 (POA Clients), ₹20 (Non POA clients) Off Market Instruction: 0.03% (subject to Min. ₹20 & Max. ₹50 Charges Per instruction)	Star Scheme Market Sell Within Edelweiss: ₹20 per transaction Off Market Transaction: ₹20 per transaction Regular Scheme (With POA) Market Sell Within Edelweiss: ₹20 per transaction Off Market Transaction: ₹20 per transaction Regular Scheme (Non POA) Market Sell Within Edelweiss: ₹25 per transaction Off Market Transaction: ₹20 per transaction	Star Scheme Market Sell Within Edelweiss: ₹20 per transaction Off Market Transaction: ₹20 per transaction Regular Scheme (With POA) Market Sell Within Edelweiss: ₹20 per transaction Off Market Transaction: ₹20 per transaction Regular Scheme (Non POA) Market Sell Within Edelweiss: ₹25 per transaction Off Market Transaction: ₹20 per transaction	Star Scheme Market Sell Within Edelweiss: ₹20 per transaction Off Market Transaction: ₹20 per transaction Regular Scheme (With POA) Market Sell Within Edelweiss: ₹20 per transaction Off Market Transaction: ₹20 per transaction Regular Scheme (Non POA) Market Sell Within Edelweiss: ₹25 per transaction Off Market Transaction: ₹20 per transaction
Pledge Creation Charges	₹60	₹50 per transaction	₹50 per transaction	₹50 per transaction
Pledge Creation Confirmation Charges	₹60	Nil	Nil	Nil
Pledge Invocation Charges	₹30	₹25 per transaction	₹25 per transaction	₹25 per transaction
Failed Instruction Charges	₹20 per instruction	Nil	Nil	Nil
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	Account Closing: Nil	Account Closing: Nil	Account Closing: Nil

Features

Compare key features offered the brokers.

	SMC Global Limited	Standard Plan	Prepaid Plan - 6 Months	Prepaid Plan - 3 Months
	SMC Global Limited	Edelweiss Broking Ltd
Trading Platform	ODIN	Mobile Trader Xtreme Trader Trader's Lounge	Mobile Trader Xtreme Trader Trader's Lounge	Mobile Trader Xtreme Trader Trader's Lounge

ProStocks Vs

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FAQs

Do I need to maintain any minimum balance in my ProStocks Trading Account?

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.

How much stamp duty I have to pay as a Maharashtra or a Rajasthan client?

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

Stamp Duty regulation has changed from 1st July 2020

Read more for RECENT STAMP DUTY RELATED CHANGES

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