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Firstock vs SMC Global (Compare Firstock and 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 Firstock vs SMC Global, Below comparison of Firstock 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 Firstock vs SMC Global is given below:

Firstock

SMC Global

	Firstock	SMC Global

About The Brokers

Firstock :

Incorporated in 2021, Firstock Broking Pvt. Ltd is a tech-driven discount broking platform offering seamless investing in Stocks, F&O, ETFs, SGBs, G-Secs, and Stock SIPs. Enjoy free deliver >>> 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 :

Firstock :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS

SMC Global :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

Type of Broker

Firstock :

Discount Broker

SMC Global :

Full Service Broker

Promo/offers

Firstock :

N/A

SMC Global :

N/A

Advantage

Firstock :

✔ What Firstock Does Well

✓	₹0 delivery brokerage
✓	₹0 AMC lifetime + ₹0 account opening
✓	₹0 pledge charges — rare benefit for margin traders
✓	₹0 payment gateway — add funds without any charge
✓	₹0 direct MF investment charges
✓	Free API for algo trading
✓	TradingView-integrated charts across web & desktop
✓	GTT orders, basket orders, strategy builder
✓	NRI accounts (NRE + NRO, PIS + non-PIS)
✓	MF, IPO, G-Secs, Sovereign Gold Bonds, ETFs — wide product range
✓	Desktop .exe + web + mobile triple platform

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

Firstock :

✘ Where Firstock Falls Short

✗	Very new brand (Firstock since June 2025) — limited public track record and review data
✗	Small user base (25,000+ active) — less stress-tested infrastructure vs major brokers
✗	No commodity trading (MCX)
✗	Call & Trade: ₹50+GST per order — high for a smaller broker
✗	Auto square-off: ₹50+GST per order
✗	DDPI charge: ₹100+GST one-time
✗	Login delay issues reported during heavy market sessions
✗	Bangalore-only head office; no physical branch presence
✗	F&O brokerage ₹20 is standard, not a differentiator

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

Firstock :

They offer a wide range of services, including Equity (Stocks), Futures & Options (F&O), ETFs (Exchange Traded Funds), Sovereign Gold Bonds (SGBs), Government Securities (G-Secs), and Stock SIPs.
You can access trading through their feature-rich mobile app, web platform, and desktop Exe, catering to all types of traders.
You can unlock additional margin instantly using existing holdings, allowing you to maximize your trading capacity without selling assets.
Get instant trade updates, market alerts, and notifications, helping you stay on top of market movements and act swiftly.
Analyze company performance with interactive charts and detailed financial reports, helping you make well-informed, research-backed investment decisions.
The account opening process is easy and paperless, with instant verification via Aadhaar and DigiLocker.
They offer a Discount Plan with brokerage charges as low as Rs 20 per executed order across various segments, including Equity Delivery, Intraday, Futures, Options, Currency, and Commodity.

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.

Firstock vs SMC Global Account Opening & AMC Charges

Firstock Trading Account Opening Fee is ₹0 and SMC Global Trading Account Opening Fee is Nil . Firstock Demat Account AMC is ₹0 and SMC Global Demat Account AMC is Rs 300 .

	Firstock	SMC Global
Trading Account Opening Fee	Trading Account Opening Fee : ₹0	Trading Account Opening Fee : Nil
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : Rs 499
Demat Account AMC	Demat Account AMC : ₹0	Demat Account AMC : Rs 300
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : Nil

Firstock vs SMC Global Brokerage Charges

Firstock Brokerage Charges SMC Global Brokerage Charges Equity Delivery is 0.3% and Equity Intraday is 0.03% and Equity Options is Rs 70 per lot .

	Firstock	SMC Global
Plan Name	Plan Name : Standard Plan	Plan Name : SMC Global Limited
Equity Delivery	Equity Delivery : ₹0	Equity Delivery : 0.3%
Equity Intraday	Equity Intraday : ₹20 per executed order	Equity Intraday : 0.03%
Equity Future	Equity Future : ₹20 per order, 0.03% or whichever is lower	Equity Future : 0.03%
Equity Options	Equity Options : ₹20 per order, 0.03% or whichever is lower	Equity Options : Rs 70 per lot
Currency Futures	Currency Futures : -	Currency Futures : 0.03%
Currency Options	Currency Options : -	Currency Options : Rs 20 per lot
Monthly Fee	Monthly Fee : -	Monthly Fee : -
Margin Trading	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : -	Commodity Futures : 0.03%
Commodity Options	Commodity Options : -	Commodity Options : 0.03%

Firstock vs SMC Global Exchange Transaction Charges

Firstock Exchange Transaction Charges Equity Future is ₹20 per order, 0.03% or whichever is lower and Equity Options is ₹20 per order, 0.03% or whichever is lower . SMC Global Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

	Firstock	SMC Global
Equity Delivery	Equity Delivery : ₹0	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : Rs 20 per executed order	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : ₹20 per order, 0.03% or whichever is lower	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : ₹20 per order, 0.03% or whichever is lower	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : -	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : -	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : -	Commodity : 0.0030%

Firstock vs SMC Global Other Charges

Firstock and Call & Trade is ₹50 . SMC Global Minimum Brokerage is Rs 25 per trade or 2.5% of the trade value whichever is lower and .

	Firstock	SMC Global
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : Rs 25 per trade or 2.5% of the trade value whichever is lower
Call & Trade	Call & Trade : ₹50	Call & Trade : -
Stamp Duty *	Stamp Duty : Delivery: 0.015%, Intraday: 0.003%	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

Firstock vs SMC Global Features

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

	Firstock	SMC Global
Trading Platform	Trading Platform : Trade & Invest: Mobile App, Desktop Exe, Web	Trading Platform : SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Placing orders through charts	Placing orders through charts : Yes	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 : -	Unique features & Offers : -
Referral Program	Referral Program : Yes	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes

Firstock vs SMC Global Demat Account Charges

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

	Firstock	SMC Global
Depository Service Provider	Depository Service Provider : CDSL and NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹0	Account Opening Fee : Nil.
Advance Deposit	Advance Deposit : -	Advance Deposit : -
AMC	AMC : ₹0	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	Dematerialisation Charges : ₹150 (per certificate)	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)	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) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Sell-Rs.8-+ Rs.5.50/- + GST (CDSL Charges)	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	Pledge Creation Charges : -	Pledge Creation Charges : Rs 60
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : Rs 60
Pledge Invocation Charges	Pledge Invocation Charges : -	Pledge Invocation Charges : Rs 30
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Rs 20 per instruction
Other Charges	Other Charges : -	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

Firstock vs SMC Global Basic Details

Firstock Year of Incorporation is 2021 and and . SMC Global Year of Incorporation is 1994 and Total Number of Clients is 158044 and Total Number of Branches is 2450 .

	Firstock	SMC Global
Year of Incorporation	Year of Incorporation : 2021	Year of Incorporation : 1994
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE	Active Exchange Memberships : BSE, NSE, MCX, NCDEX
Demat Services	Demat Services : CDSL, NSDL	Demat Services : Yes
Website	Website : https://www.firstock.in/	Website : https://www.smctradeonline.com/
Contact Details	Contact Details : 080 4670 2050	Contact Details : +91-11-66075200
Total Number of Clients	Total Number of Clients : -	Total Number of Clients : 158,044
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 2450
Products *	Products : Equity, F&O, ETFs, SGBs	Products : -

Firstock vs SMC Global Orders

Orders

	Firstock	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) : Yes	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) : Yes	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : No

Firstock vs SMC Global Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Firstock	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 : Yes
Daily Market report *	Daily Market report : No	Daily Market report : Yes
ETF research *	ETF research : Yes	ETF research : -
Quarterly Results *	Quarterly Results : No	Quarterly Results : Yes

Firstock vs SMC Global Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Firstock	SMC Global
Availability for franchisee / AP	Availability for franchisee / AP : No	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : No	Investment required for Franchisee / AP : ₹3,00,000 to ₹5,00,000

Firstock vs SMC Global Product & Services

Firstock 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:

	Firstock	SMC Global
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : -
Margin Trading *	Margin Trading : Yes	Margin Trading : -
Call N Trade *	Call N Trade : Yes	Call N 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 : Yes	NRI Services : -
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : Yes
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 : Yes	Advanced Charting Features : -
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : -
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : -
Stop Loss Order *	Stop Loss Order : -	Stop Loss Order : -
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : -	Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	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 : Yes	Aumtomated Trading : -

Firstock vs SMC Global Customer Services

Firstock 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:

	Firstock	SMC Global
Toll Free Number *	Toll Free Number : Yes	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 : Yes	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 : -

Firstock vs SMC Global Other Investement

Firstock 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:

	Firstock	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 : -

Firstock vs SMC Global Trading Platform

Firstock 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:

	Firstock	SMC Global
Web Platform *	Web Platform : Yes	Web Platform : -
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : -
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : -
Desktop Mac *	Desktop Mac : No	Desktop Mac : -
I-Pad App *	I-Pad App : No	I-Pad App : -
Virtual Trading *	Virtual Trading : -	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : -
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