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

Mdirect SMC Global
About The Brokers
Mdirect :

   >>> 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 :
Mdirect :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
SMC Global :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Mdirect :
 Full Service Broker
SMC Global :
 Full Service Broker
Promo/offers
Mdirect :
N/A
SMC Global :
N/A
Advantage
Mdirect :

NA

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
Mdirect :

NA

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
Mdirect :

NA

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.

Mdirect vs SMC Global Account Opening & AMC Charges

- and SMC Global Trading Account Opening Fee is ₹0 . - and SMC Global Demat Account AMC is ₹300 .

Mdirect SMC Global
Trading Account Opening Fee Trading Account Opening Fee : - Trading Account Opening Fee :

₹0

Demat Account Opening Fee Demat Account Opening Fee : - Demat Account Opening Fee :

₹499

Demat Account AMC Demat Account AMC : - Demat Account AMC :

₹300

Trading Account AMC Trading Account AMC : - Trading Account AMC :

₹0


Mdirect vs SMC Global Brokerage Charges

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

Mdirect SMC Global
Plan Name - Plan Name :

SMC Global Limited

Equity Delivery - Equity Delivery :

0.3%

Equity Intraday - Equity Intraday :

0.03%

Equity Future - Equity Future :

0.03%

Equity Options - Equity Options :

₹70 per lot

Currency Futures - Currency Futures :

0.03%

Currency Options - Currency Options :

₹20 per lot

Monthly Fee - Monthly Fee : -
Margin Trading - Margin Trading : -
Commodity Futures - Commodity Futures :

0.03%

Commodity Options - Commodity Options :

0.03%


Mdirect vs SMC Global Transaction Charges (Per Crore)

Mdirect Transaction Charges (Per Crore) - and - . SMC Global Transaction Charges (Per Crore) Equity Future is 0.0029% and Equity Options is 0.065% (on premium) .

Mdirect SMC Global
Equity Delivery Equity Delivery : - Equity Delivery :

0.0035%

Equity Intraday Equity Intraday : - Equity Intraday :

0.0035%

Equity Future * Equity Future : - Equity Future :

0.0029%

Equity Options * Equity Options : - Equity Options :

0.065% (on premium)

Currency Futures * Currency Futures : - Currency Futures :

0.0029%

Currency Options Currency Options : - Currency Options :

0.065% (on premium)

Commodity Commodity : - Commodity :

0.0030%


Mdirect vs SMC Global Other Charges

Mdirect and . SMC Global Minimum Brokerage is Rs 25 per trade or 2.5% of the trade value whichever is lower and .

Mdirect 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 : - Call & Trade : -
Stamp Duty * Stamp Duty : - Stamp Duty :

State Wise

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

Mdirect vs SMC Global Features

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

Mdirect SMC Global
Trading Platform Trading Platform : - Trading Platform :

ODIN Diet Desktop, Easy Trade Mobile app & Website

Placing orders through charts Placing orders through charts : - Placing orders through charts : -
Trading Alerts Trading Alerts : - Trading Alerts :

Yes

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

1

Detailed Education Initiatives Detailed Education Initiatives : - Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program : - 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


Mdirect vs SMC Global Demat Account Charges

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

Mdirect SMC Global
Depository Service Provider Depository Service Provider : - Depository Service Provider :

CDSL & NSDL

Account Opening Fee Account Opening Fee : - Account Opening Fee :

Nil

Advance Deposit Advance Deposit : - Advance Deposit : -
AMC AMC : - AMC :

Nil

Dematerialisation Charges Dematerialisation 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 : - 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) : - Transaction Charges (debit) : -
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


Mdirect vs SMC Global Basic Details

Mdirect and and . SMC Global Year of Incorporation is 1994 and Total Number of Clients is 135863 and Total Number of Branches is 2450 .

Mdirect SMC Global
Year of Incorporation Year of Incorporation : - Year of Incorporation :

1994

Active Exchange Memberships Active Exchange Memberships : - Active Exchange Memberships :

BSE, NSE, MCX, NCDEX

Demat Services Demat Services : - Demat Services :

Yes

Website Website : - Website :

https://www.smctradeonline.com/

Contact Details Contact Details : - Contact Details :

+91-11-66075200

Total Number of Clients Total Number of Clients : - Total Number of Clients :

135863

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

2450

Products * Products : - Products : -

Mdirect vs SMC Global Charts and Data

Mdirect 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:

Mdirect 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 : -

Mdirect vs SMC Global Leverage

Leverage

Mdirect SMC Global
Equity Delivery Equity Delivery : - Equity Delivery :

Upto 3x

Equity Intraday Equity Intraday : - Equity Intraday :

Upto 10x Intraday

Equity Futures Equity Futures : - Equity Futures :

Upto 2x

Equity Options Equity Options : - Equity Options :

NA

Currency Futures Currency Futures : - Currency Futures :

NA

Currency Options Currency Options : - Currency Options :

NA

Commodity Futures Commodity Futures : - Commodity Futures :

Upto 2x

Commodity Options Commodity Options : - Commodity Options : -

Mdirect vs SMC Global Orders

Orders

Mdirect SMC Global
Cover Orders (CO) Cover Orders (CO) : - Cover Orders (CO) :

No

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

No

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

Yes

Good Till Cancelled (GTC) :

No


Mdirect vs SMC Global Research and Advice / Trading Tips

Research and Advice / Trading Tips

Mdirect SMC Global
Equity Trading Recommendation * Equity Trading Recommendation : - Equity Trading Recommendation : -
Equity Investment Recommendation * Equity Investment Recommendation : - Equity Investment Recommendation : -
Recommendation basis risk Profile * Recommendation basis risk Profile : - Recommendation basis risk Profile : -
Comparison * Comparison : - Comparison : -
Free Tips * Free Tips : - Free Tips : -
Daily Market report * Daily Market report : - Daily Market report : -
ETF research * ETF research : - ETF research : -
Quarterly Results * Quarterly Results : - Quarterly Results : -

Mdirect vs SMC Global Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Mdirect SMC Global
Availability for franchisee / AP Availability for franchisee / AP : - Availability for franchisee / AP :

Yes

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

₹3,00,000 to ₹5,00,000


Mdirect vs SMC Global Product & Services

Mdirect 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:

Mdirect SMC Global
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading : -
Margin Trading * Margin Trading : - Margin Trading : -
Call in Trade * Call in Trade : - Call in Trade : -
Trading in Both the exchanges * Trading in Both the exchanges : - Trading in Both the exchanges : -
Limit Order * Limit Order : - Limit Order : -
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account : - 3-in-1 On-line Trading Account : -
NRI Services * NRI Services : - NRI Services : -
SMS Alerts * SMS Alerts : - SMS Alerts : -
Offers Multiple Plan * Offers Multiple Plan : - Offers Multiple Plan : -
IPO Investment * IPO Investment : - IPO Investment : -
Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features : -
Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator : -
Margin Calculator * Margin Calculator : - 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 : - Equity Future & Option Trading : -
Currency Future & Option Trading * Currency Future & Option Trading : - Currency Future & Option Trading : -
Market Trading * Market Trading : - Market Trading : -
Monthly & Yearly Plan * Monthly & Yearly Plan : - Monthly & Yearly Plan : -
Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading : -

Mdirect vs SMC Global Customer Services

Mdirect 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:

Mdirect SMC Global
Toll Free Number * Toll Free Number : - Toll Free Number : -
Live Chat Facility * Live Chat Facility : - Live Chat Facility : -
Email Facility * Email Facility : - Email Facility : -
Branch Offices * Branch Offices : - Branch Offices : -
Customer Care * Customer Care : - Customer Care : -
Community Service * Community Service : - Community Service : -
Relationship Manager * Relationship Manager : - Relationship Manager : -
24/7 Support * 24/7 Support : - 24/7 Support : -

Mdirect vs SMC Global Other Investement

Mdirect 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:

Mdirect SMC Global
Commodity Trading * Commodity Trading : - Commodity Trading : -
Investment in ETFs * Investment in ETFs : - Investment in ETFs : -
Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds : -
Investment in Bonds * Investment in Bonds : - Investment in Bonds : -
Investment in Corporate Debt instruments * Investment in Corporate Debt instruments : - Investment in Corporate Debt instruments : -
Insurance Services * Insurance Services : - Insurance Services : -
Banking Services * Banking Services : - Banking Services : -

Mdirect vs SMC Global Trading PlatForm

Mdirect 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:

Mdirect SMC Global
Web Platform * Web Platform : - Web Platform : -
Android Mobile App * Android Mobile App : - Android Mobile App : -
Desktop Windows * Desktop Windows : - Desktop Windows : -
Desktop Mac * Desktop Mac : - Desktop Mac : -
I-Pad App * I-Pad App : - I-Pad App : -
Virtual Trading * Virtual Trading : - Virtual Trading : -
iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App : -

Mdirect vs SMC Global Company Information

Company Information

Mdirect SMC Global
Financials * Financials : - Financials : -
News * News : - News : -
Company Analysis * Company Analysis :

Yes

Company Analysis :

Yes

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