The full-Service Broker, SMC Global provides three brokerage plans. The client can select any of the plans as per their requirement and gain maximum out of their hard earned money. Their multiple Brokerage plans are explained below:
SMC Global Account Opening & AMC Charges
SMC Global charges ₹0 for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. ₹300 are annual maintenance charges for a demat account and would get deducted from your account even if you have not traded for a year by SMC Global to maintain your account.
SMC Global Brokerage Charges
Please find below SMC Global Brokerage charges in their basic Plan. SMC Global provides delivery trade at 0.3%, Intraday Trade at 0.03%, Equity Future Trade at 0.03%, and Equity Option Trade at ₹70 per lot.
SMC Global Transaction Charges (Per Crore)
The Brokers in India charges Transaction / Turnover charges along with Brokerage on every order executed through the stock exchange. These charges differ by the stock exchange in which you trade and type of trades like delivery, intraday or F&O, etc. SMC Global Transaction charges are as per the below table:
SMC Global Other Charges
A lot of other Charges are getting levied other than brokerage by SMC Global like minimum brokerage, call & Trade charges, Stamp duty, DP Charges, etc. A list of the same is in the below table.
SMC Global Demat Account Charges
The charges on Demat account transactions are charged separately and over and above trading Brokerage. Find SMC Global demat account charges 2020.
SMC Global Charges Explained
Securities / Commodities Transaction Tax : Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.
Transaction/Turnover Charges: Exchange transaction charges + Clearing charges. Charged by exchanges (NSE, BSE, MCX) and clearing member.
Call & trade: Additional charges of Rs25 per executed order:
Stamp charges: Charged as per the state of the client's correspondence address.
GST:Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)
SEBI Charges:Charged at Rs.15 per crore by Securities and Exchange Board of India for regulating the markets.