• Top Stock Brokers in India ‐ Reviews, Comparison and Offers

Groww vs SMC Global (Compare Groww vs SMC Global)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Groww vs SMC Global, Below comparison of Groww vs SMC Global highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Groww vs SMC Global is given below:

Groww SMC Global
About The Brokers
Groww :

"Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas   >>> more

SMC Global :

"SMC Global Limited is the leading brokerage house which is the one-stop solution of the diversified need of investors incorporated in 1990 by Mr. Subhash C. Aggarwal    >>> more

Find More Information about the Broker :
Groww :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
SMC Global :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Groww :
 Discount Broker
SMC Global :
 Full Service Broker
Promo/offers
Groww :
Special Offer: Free Mutual fund/SIP investment + Flat ₹20 Equity delivery & Intra-day trades. Get the offer
SMC Global :
N/A
Advantage
Groww :
  •  Free research services
  •  No DP charges on buy & low brokerage.
  •  Commission Free mutual fund investment
  •  Free Demat & Trading account, No charges on account opening
  •  Zero Clearing Charges
  •  Zero Demat AMC Charges
  •  Option to invest online in digital gold.
SMC Global :
  • Top class customer service
  • Easy-to-use website & other online platforms
  • Award-winning research services
  • Different brokerage plans for the different type of clients
  • It provides multiple trading options
  • PAN India Presence.
Disadvantage
Groww :
  •  No F&O Trading, Grow does not provide Options & Future Trading.
  •  Does not provide a 3in1 account facility.
  •  Does not provide commodity Trading
  •  Does not provide trading options: Bracket, GTT orders, etc
  •  does not provide Margin trading facilityc
  •  No Call and Trade services
  •  No Margin against shares
  •  Does not offer NRI Trading
SMC Global :
  • No margin funding
  • They are not transparent in terms of expressing brokerage charges
  • Good till cancelled & Good till date/time order are not available in equity segment
  • Mobile trading is not available for NSE.
Why This
Groww :
  •  Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade.
  •  Equity intraday trade at Rs. 20 or 0.05% (whichever is lower)
  •  Groww provides mutual funds investment at Zero Fees, No transaction charges,
  •  100% paperless online Demat account opening
  •  128 bit SSL Encryption
  •  Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost
  •  No DP charges on buy.
  •  Highly rated Groww mobile App
  •  Facility to invest in US Stocks
SMC Global :
  • Clients get the assistance of industrial experts while investing their money in financial products.
  • They provide a wide option to invest in.
  • SMC Global provide 3000+ Crores cumulative AUM under mutual funds
  • They provide clearing settlement services to 280+ trading members
  • They have strong values of being ahead in the innovation of technology
  • Clients can place AMO & BTST orders
  • They also support low bandwidth internet on their website as well as on mobile trading platforms.

Groww vs SMC Global Account Opening & AMC Charges

Groww Trading Account Opening Fee is ₹0 (Free) and SMC Global Trading Account Opening Fee is ₹0 . Groww Demat Account AMC is ₹0 (Free) and SMC Global Demat Account AMC is ₹300 .

Groww SMC Global
Trading Account Opening Fee Trading Account Opening Fee :

₹0 (Free)

Trading Account Opening Fee :

₹0

Demat Account Opening Fee Demat Account Opening Fee :

₹0 (Free)

Demat Account Opening Fee :

₹499

Demat Account AMC Demat Account AMC :

₹0 (Free)

Demat Account AMC :

₹300

Trading Account AMC Trading Account AMC :

₹0 (Free)

Trading Account AMC :

₹0


Groww vs SMC Global Brokerage Charges

Groww Brokerage Charges Equity Delivery is Rs.20 per executed order or 0.05% of order value and Equity Intraday is Rs.20 per executed order or 0.05% of order value and Equity Options is Flat Rs.20 per Trade . SMC Global Brokerage Charges Equity Delivery is 0.3% and Equity Intraday is 0.03% and Equity Options is ₹70 per lot .

Groww SMC Global
Plan Name Plan Name :

Standard Plan

Plan Name :

Basic Plan

Plan Name :

SMC Global Limited

Equity Delivery Equity Delivery :

Rs.20 per executed order or 0.05% of order value

Equity Delivery :

Rs.20 per executed order or 0.05% of order value

Equity Delivery :

0.3%

Equity Intraday Equity Intraday : - Equity Intraday :

Rs.20 per executed order or 0.05% of order value

Equity Intraday :

0.03%

Equity Future Equity Future : - Equity Future :

Flat Rs.20 per Trade

Equity Future :

0.03%

Equity Options Equity Options : - Equity Options :

Flat Rs.20 per Trade

Equity Options :

₹70 per lot

Currency Futures Currency Futures : - Currency Futures :

Trade Not Available

Currency Futures :

0.03%

Currency Options Currency Options : - Currency Options :

Trade Not Available

Currency Options :

₹20 per lot

Monthly Fee Monthly Fee : - Monthly Fee :

NA

Monthly Fee : -
Margin Trading Margin Trading : - Margin Trading :

NA

Margin Trading : -
Commodity Futures Commodity Futures : - Commodity Futures :

Trade Not Available

Commodity Futures :

0.03%

Commodity Options Commodity Options : - Commodity Options :

Trade Not Available

Commodity Options :

0.03%


Groww vs SMC Global Transaction Charges (Per Crore)

Groww Transaction Charges (Per Crore) Equity Future is NSE: 0.0019% | BSE 0.003% (each side) and Equity Options is NSE: 0.0019% | BSE 0.003% (each side) . SMC Global Transaction Charges (Per Crore) Equity Future is 0.0029% and Equity Options is 0.065% (on premium) .

Groww SMC Global
Equity Delivery Equity Delivery :

NSE ₹345 per Cr | BSE ₹345 per Cr

Equity Delivery :

0.0035%

Equity Intraday Equity Intraday :

NSE ₹345 per Cr | BSE ₹345 per Cr

Equity Intraday :

0.0035%

Equity Future * Equity Future :

NSE: 0.0019% | BSE 0.003% (each side)

Equity Future :

0.0029%

Equity Options * Equity Options :

NSE: 0.0019% | BSE 0.003% (each side)

Equity Options :

0.065% (on premium)

Currency Futures * Currency Futures :

NA

Currency Futures :

0.0029%

Currency Options Currency Options :

NA

Currency Options :

0.065% (on premium)

Commodity Commodity :

NA

Commodity :

0.0030%


Groww vs SMC Global Other Charges

Groww Minimum Brokerage is ₹20 or 0.05% per executed order and Call & Trade is NA . SMC Global Minimum Brokerage is Rs 25 per trade or 2.5% of the trade value whichever is lower and .

Groww SMC Global
Minimum Brokerage Minimum Brokerage :

₹20 or 0.05% per executed order

Minimum Brokerage :

Rs 25 per trade or 2.5% of the trade value whichever is lower

Call & Trade Call & Trade :

NA

Call & Trade : -
Stamp Duty * Stamp Duty :

Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%

Stamp Duty :

State Wise

DP Charges (on sell side) DP Charges (on sell side) :

₹8 + ₹5.50 (CDSL Charges) per ISIN

DP Charges (on sell side) : -
Other Miscellaneous Charges Other Miscellaneous Charges :

Physical Contract Note:₹20+Courier; ₹50Auto square

Other Miscellaneous Charges : -

Groww vs SMC Global Features

Groww and SMC Global both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Groww SMC Global
Trading Platform Trading Platform :

Groww Web , Groww Mobile

Trading Platform :

ODIN Diet Desktop, Easy Trade Mobile app & Website

Placing orders through charts Placing orders through charts :

No

Placing orders through charts : -
Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

No

Research and Advice / Trading Tips :

1

Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers :

Single platform for stocks, MFs, Gold, IPOs, ETFs,

Unique features & Offers : -
Referral Program Referral Program :

No

Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

No

Margin Against Shares (Equity F&O) :

Yes


Groww vs SMC Global Demat Account Charges

A comparative table of various demat account charges between Groww and SMC Global is below:

Groww SMC Global
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL & NSDL

Account Opening Fee Account Opening Fee :

₹0 (Free)

Account Opening Fee :

Nil

Advance Deposit Advance Deposit :

NIL

Advance Deposit : -
AMC AMC :

₹0 (Free)

AMC :

Nil

Dematerialisation Charges Dematerialisation Charges :

₹150 per certificate + courier charges

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 Rematerialisation Charges :

₹150 per certificate + courier charges

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 (Credit) :

NA

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

₹8 + ₹5.50 (CDSL Charges) per ISIN

Transaction Charges (debit) : -
Pledge Creation Charges Pledge Creation Charges :

₹20 + ₹12 per request (CDSL Charges))

Pledge Creation Charges :

Rs 60

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

₹20 + ₹12 per request (CDSL Charges))

Pledge Creation Confirmation Charges :

Rs 60

Pledge Invocation Charges Pledge Invocation Charges :

₹20

Pledge Invocation Charges :

Rs 30

Failed Instruction Charges Failed Instruction Charges :

₹50 per ISIN

Failed Instruction Charges :

Rs 20 per instruction

Other Charges Other Charges :

KYC Modification Request : ₹50

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


Groww vs SMC Global Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 1784059 and . SMC Global Year of Incorporation is 1994 and Total Number of Clients is 149375 and Total Number of Branches is 2450 .

Groww SMC Global
Year of Incorporation Year of Incorporation :

2016

Year of Incorporation :

1994

Active Exchange Memberships Active Exchange Memberships :

NSE and BSE

Active Exchange Memberships :

BSE, NSE, MCX, NCDEX

Demat Services Demat Services :

From CDSL

Demat Services :

Yes

Website Website :

https://groww.in/

Website :

https://www.smctradeonline.com/

Contact Details Contact Details : - Contact Details :

+91-11-66075200

Total Number of Clients Total Number of Clients :

1784059

Total Number of Clients :

149375

Total Number of Branches Total Number of Branches : - Total Number of Branches :

2450

Products * Products :

GROWW MOBILE APP

Products : -

Groww vs SMC Global Leverage

Leverage

Groww SMC Global
Equity Delivery Equity Delivery :

1x (no margin)

Equity Delivery :

Upto 3x

Equity Intraday Equity Intraday :

Up to 8x (based on the stock)

Equity Intraday :

Upto 10x Intraday

Equity Futures Equity Futures :

NA

Equity Futures :

Upto 2x

Equity Options Equity Options :

NA

Equity Options :

NA

Currency Futures Currency Futures :

NA

Currency Futures :

NA

Currency Options Currency Options :

NA

Currency Options :

NA

Commodity Futures Commodity Futures :

NA

Commodity Futures :

Upto 2x

Commodity Options Commodity Options :

NA

Commodity Options : -
F&O (Eq, Curr, Comm) F&O (Eq, Curr, Comm) : - F&O (Eq, Curr, Comm) : -

Groww vs SMC Global Orders

Orders

Groww SMC Global
Cover Orders (CO) Cover Orders (CO) :

NO

Cover Orders (CO) :

No

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

NO

Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) :

No

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

No

Sell Today Buy Tomorrow (STBT) :

Yes

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

No


Groww vs SMC Global Research and Advice / Trading Tips

Research and Advice / Trading Tips

Groww SMC Global
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation : -
Equity Investment Recommendation * Equity Investment Recommendation :

No

Equity Investment Recommendation : -
Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile : -
Comparison * Comparison :

No

Comparison : -
Free Tips * Free Tips :

No

Free Tips : -
Daily Market report * Daily Market report :

No

Daily Market report : -
ETF research * ETF research :

No

ETF research : -
Quarterly Results * Quarterly Results :

No

Quarterly Results : -

Groww vs SMC Global Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Groww SMC Global
Availability for franchisee / AP Availability for franchisee / AP :

NA

Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP :

NA

Investment required for Franchisee / AP :

₹3,00,000 to ₹5,00,000


Groww vs SMC Global Product & Services

Groww and SMC Global both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Groww SMC Global
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading : -
Margin Trading * Margin Trading :

NA

Margin Trading : -
Call in Trade * Call in Trade :

NA

Call in Trade : -
Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges : -
Limit Order * Limit Order :

Yes

Limit Order : -
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account : -
NRI Services * NRI Services :

NO

NRI Services : -
SMS Alerts * SMS Alerts :

YES

SMS Alerts : -
Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan : -
IPO Investment * IPO Investment :

YES

IPO Investment : -
Portfolio Analysis * Portfolio Analysis :

NO

Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features :

No

Advanced Charting Features : -
Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator : -
Margin Calculator * Margin Calculator :

Yes

Margin Calculator : -
Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order : -
Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

No

Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading * Equity Future & Option Trading :

No

Equity Future & Option Trading : -
Currency Future & Option Trading * Currency Future & Option Trading :

No

Currency Future & Option Trading : -
Market Trading * Market Trading :

Yes

Market Trading : -
Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan : -
Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading : -

Groww vs SMC Global Customer Services

Groww and SMC Global both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

Groww SMC Global
Toll Free Number * Toll Free Number :

No

Toll Free Number : -
Live Chat Facility * Live Chat Facility :

No

Live Chat Facility : -
Email Facility * Email Facility :

Yes

Email Facility : -
Branch Offices * Branch Offices :

No

Branch Offices : -
Customer Care * Customer Care :

No

Customer Care : -
Community Service * Community Service :

No

Community Service : -
Relationship Manager * Relationship Manager :

No

Relationship Manager : -
24/7 Support * 24/7 Support :

No

24/7 Support : -

Groww vs SMC Global Other Investement

Groww and SMC Global both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

Groww SMC Global
Commodity Trading * Commodity Trading :

No

Commodity Trading : -
Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs : -
Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds : -
Investment in Bonds * Investment in Bonds :

No

Investment in Bonds : -
Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

No

Investment in Corporate Debt instruments : -
Insurance Services * Insurance Services :

No

Insurance Services : -
Banking Services * Banking Services :

No

Banking Services : -

Groww vs SMC Global Trading PlatForm

Groww and SMC Global both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Groww SMC Global
Web Platform * Web Platform :

Yes

Web Platform : -
Android Mobile App * Android Mobile App :

Yes

Android Mobile App : -
Desktop Windows * Desktop Windows :

No

Desktop Windows : -
Desktop Mac * Desktop Mac :

No

Desktop Mac : -
I-Pad App * I-Pad App :

Yes

I-Pad App : -
Virtual Trading * Virtual Trading :

No

Virtual Trading : -
iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App : -
Contact Now Enquire Now Enquire Now

User Reviews

Post New Message
0  Comments
- - -   Compare More Brokers   - - -
GrowwSMC Global
 Compare Groww vs Zerodha
 Compare Groww vs ICICI Direct
 Compare Groww vs Upstox
 Compare Groww vs HDFC Securities
 Compare Groww vs Sharekhan
 Compare Groww vs MyValueTrade
 Compare Groww vs SAMCO
 Compare Groww vs Axis Direct
 Compare Groww vs Kotak Securities
 Compare Groww vs Trade Smart
 Compare Groww vs SAS Online
 Compare Groww vs Angel Broking
 Compare Groww vs Motilal Oswal
 Compare Groww vs 5paisa
 Compare Groww vs ProStocks
 Compare Groww vs Geojit BNP Paribas
 Compare Groww vs Paytm Money
 Compare Groww vs Alice Blue
 Compare Groww vs LSE Securities
 Compare Groww vs Mangal Keshav
 Compare Groww vs Marwadi Group
 Compare Groww vs Ventura
 Compare Groww vs Mastertrust
 Compare Groww vs Mdirect
 Compare Groww vs SBICAP Securities
 Compare Groww vs TradingBell
 Compare Groww vs Networth Direct
 Compare Groww vs Nirmal Bang
 Compare Groww vs Sushil Finance
 Compare Groww vs Reliance Securities
 Compare Groww vs Religare Broking
 Compare Groww vs SMC Global
 Compare Groww vs Stoxkart
 Compare Groww vs Anand Rathi
 Compare Groww vs Achiievers
 Compare Groww vs Tradejini
 Compare Groww vs Wisdom Capital
 Compare Groww vs TradePlus
 Compare Groww vs Compositedge
 Compare Groww vs RKGlobal
 Compare Groww vs Fyers
 Compare Groww vs Aditya Birla Money
 Compare Groww vs Karvy
 Compare Groww vs Arihant Capital
 Compare Groww vs Bonanza Portfolio
 Compare Groww vs Edelweiss
 Compare Groww vs GCL Securities
 Compare Groww vs GEPL Capital
 Compare Groww vs IDBI Capital
 Compare Groww vs IIFL
 Compare Groww vs Indiabulls Ventures
 Compare Groww vs Just Trade
 Compare SMC Global vs Zerodha
 Compare SMC Global vs ICICI Direct
 Compare SMC Global vs Upstox
 Compare SMC Global vs HDFC Securities
 Compare SMC Global vs Sharekhan
 Compare SMC Global vs MyValueTrade
 Compare SMC Global vs SAMCO
 Compare SMC Global vs Axis Direct
 Compare SMC Global vs Kotak Securities
 Compare SMC Global vs Trade Smart
 Compare SMC Global vs SAS Online
 Compare SMC Global vs Angel Broking
 Compare SMC Global vs Motilal Oswal
 Compare SMC Global vs 5paisa
 Compare SMC Global vs ProStocks
 Compare SMC Global vs Geojit BNP Paribas
 Compare SMC Global vs Paytm Money
 Compare SMC Global vs Alice Blue
 Compare SMC Global vs LSE Securities
 Compare SMC Global vs Mangal Keshav
 Compare SMC Global vs Marwadi Group
 Compare SMC Global vs Ventura
 Compare SMC Global vs Mastertrust
 Compare SMC Global vs Mdirect
 Compare SMC Global vs SBICAP Securities
 Compare SMC Global vs TradingBell
 Compare SMC Global vs Networth Direct
 Compare SMC Global vs Nirmal Bang
 Compare SMC Global vs Sushil Finance
 Compare SMC Global vs Reliance Securities
 Compare SMC Global vs Religare Broking
 Compare SMC Global vs Stoxkart
 Compare SMC Global vs Anand Rathi
 Compare SMC Global vs Achiievers
 Compare SMC Global vs Tradejini
 Compare SMC Global vs Groww
 Compare SMC Global vs Wisdom Capital
 Compare SMC Global vs TradePlus
 Compare SMC Global vs Compositedge
 Compare SMC Global vs RKGlobal
 Compare SMC Global vs Fyers
 Compare SMC Global vs Aditya Birla Money
 Compare SMC Global vs Karvy
 Compare SMC Global vs Arihant Capital
 Compare SMC Global vs Bonanza Portfolio
 Compare SMC Global vs Edelweiss
 Compare SMC Global vs GCL Securities
 Compare SMC Global vs GEPL Capital
 Compare SMC Global vs IDBI Capital
 Compare SMC Global vs IIFL
 Compare SMC Global vs Indiabulls Ventures
 Compare SMC Global vs Just Trade