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.

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

Groww

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SMC Global

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	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 : Basic Plan	Plan Name : SMC Global Limited
Equity Delivery	Equity Delivery : Rs.20 per executed order or 0.05% of order value	Equity Delivery : 0.3%
Equity Intraday	Equity Intraday : Rs.20 per executed order or 0.05% of order value	Equity Intraday : 0.03%
Equity Future	Equity Future : Flat Rs.20 per Trade	Equity Future : 0.03%
Equity Options	Equity Options : Flat Rs.20 per Trade	Equity Options : ₹70 per lot
Currency Futures	Currency Futures : Trade Not Available	Currency Futures : 0.03%
Currency Options	Currency Options : Trade Not Available	Currency Options : ₹20 per lot
Monthly Fee	Monthly Fee : NA	Monthly Fee : -
Margin Trading	Margin Trading : NA	Margin Trading : -
Commodity Futures	Commodity Futures : Trade Not Available	Commodity Futures : 0.03%
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 780570 and . SMC Global Year of Incorporation is 1994 and Total Number of Clients is 135863 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 : 780570	Total Number of Clients : 135863
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 2450
Products *	Products : GROWW MOBILE APP	Products : -

Groww vs SMC Global Charts and Data

Groww and SMC Global both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	Groww	SMC Global
Live data source	Live data source : -	Live data source : BSE, NSE
Advanced Charting tools	Advanced Charting tools : -	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : -	Multi-Chart Setup : Yes
No.of indicators	No.of indicators : -	No.of indicators : -
No.of charts can be opened	No.of charts can be opened : -	No.of charts can be opened : -
Live Scanners	Live Scanners : -	Live Scanners : -
Customizable screeners	Customizable screeners : -	Customizable screeners : Yes
Trading from charts	Trading from charts : -	Trading from charts : -
Compare Symbol performance on Chart	Compare Symbol performance on Chart : -	Compare Symbol performance on Chart : -
Options charts	Options charts : -	Options charts : -
Continuous futures charts	Continuous futures charts : -	Continuous futures charts : -
Intraday historical data for charts	Intraday historical data for charts : -	Intraday historical data for charts : Yes
End of Day historical data for charts	End of Day historical data for charts : -	End of Day historical data for charts : Yes
Corporate action adjusted charts	Corporate action adjusted charts : -	Corporate action adjusted charts : Yes
Back Testing	Back Testing : -	Back Testing : Yes
Options Chain	Options Chain : -	Options Chain : Yes
Heat Maps	Heat Maps : -	Heat Maps : Yes
Analytics	Analytics : -	Analytics : -
Price Ladder	Price Ladder : -	Price Ladder : -

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 : -

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 : -

Groww vs SMC Global Company Information

	Groww	SMC Global
Financials *	Financials : No	Financials : -
News *	News : No	News : -
Company Analysis *	Company Analysis : No	Company Analysis : Yes
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