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Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

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 Nil for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. Rs 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.

Name Details
Trading Account Opening Fee Nil
Demat Account Opening Fee Rs 499
Demat Account AMC Rs 300
Trading Account AMC Nil
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 Rs 70 per lot.

Plan Name SMC Global Limited
Equity Delivery 0.3%
Equity Intraday 0.03%
Equity Future 0.03%
Equity Options Rs 70 per lot
Currency Futures 0.03%
Currency Options Rs 20 per lot
Monthly Fee -
Margin Trading -
Commodity Futures 0.03%
Commodity Options 0.03%
SMC Global Exchange Transaction Charges

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:

Name Details
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future * NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options * NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures * NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity 0.0030%
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.

Name Details
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower
Call & Trade -
Stamp Duty * -
DP Charges (on sell side) -
Other Miscellaneous Charges -
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.

Name Details
Depository Service Provider CDSL
Account Opening Fee

Nil.
Advance Deposit -
AMC
  • Individual Client
    • General AMC Scheme: Rs 300 P.A. (POA Clients), Rs 350 P.A. (Non POA Clients)
    • Onetime Yearly AMC Scheme: Rs 1000 P.A.(POA Clients), Rs 1300 P.A. (Non POA Clients)
    • No AMC Scheme: Rs 3000 Refundable Deposit
  • Corporate Clients: Rs 1000 P.A.
Dematerialisation Charges

Rs 5 Per Certificate (Rs 30 for 1st Certificate) Courier Charges Extra (Rs 25 for Local & Rs 40 for outstation courier)
Rematerialisation Charges

Rs 25 (For one certificate/100 shares) Courier Charges Extra(Rs 25 for Local & Rs 40 for outstation courier)
Transaction Charges (Credit) -
Transaction Charges (debit)
  • On Maket Transaction: Rs 15 (POA Clients), Rs 20 (Non POA clients)
  • Off Market Instruction: 0.03% (subject to Min. Rs 20 & Max. Rs 50 Charges Per instruction)
Pledge Creation Charges

Rs 60

Pledge Creation Confirmation Charges

Rs 60

Pledge Invocation Charges

Rs 30

Failed Instruction Charges

Rs 20 per instruction
Other Charges
  • AMC charged yearly in advance.
  • DIS Book Charges: Rs 30 (20 leafs)
  • Client Modification Charges: Rs 25
  • Security deposit for CDSL 'easiest' facility (optional) is Rs 2,500

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.

Zerodha Special Offer:

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

SMC Global User Reviews

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