Check reviews of other Share brokers

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

Religare Broking

SMC Global

	Religare Broking	SMC Global

About The Brokers	Religare Broking : "RSL is one of the market leading securities firms in India serving over 8 lakh clients across both Offline and Online platforms. Through its extensive branch network >>> 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 :	Religare Broking : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	SMC Global : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Religare Broking : Full Service Broker	SMC Global : Full Service Broker
Promo/offers	Religare Broking : N/A	SMC Global : N/A
Advantage	Religare Broking : It provides Instant discount plan. Easy to use experience on the app and online trading You can fund your account through physical cheque submission in the branch They have a research plan for more than 300 companies Derivatives trading, NRI services, mutual funds, IPOs, and online life insurance. Multiple Registration bank account facility is available Daily trading confirmation calls	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	Religare Broking : Can be improved on the transparency of fees, brokerage and other charges. High Brokerage charges Minimum Brokerage charged No Live Chat Facility	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	Religare Broking : Religare is registered at both, National Stock Exchange and Bombay Stock Exchange. Also, provide products such as Equities, Currencies, Commodities, IPOs, Mutual Funds, Bonds/NCDs through NSE, BSE, MCXSX, USE. Religare has been appreciated by various organizations for its top–class services and contributions to the industry. Religare provides some of the best facilities in research. For example – It provides an easily accessible platform for stock market research called Tech scan. It covered a significant part of India through its outlets and partnered with ten banks for providing various services to its clients Dedicated Branch & Relationship manager	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.

Religare Broking vs SMC Global Account Opening & AMC Charges

Religare Broking Trading Account Opening Fee is Rs 500 and SMC Global Trading Account Opening Fee is Nil . Religare Broking Demat Account AMC is Rs 400 from second year onward and SMC Global Demat Account AMC is Rs 300 .

	Religare Broking	SMC Global
Trading Account Opening Fee	Trading Account Opening Fee : Rs 500	Trading Account Opening Fee : Nil
Demat Account Opening Fee	Demat Account Opening Fee : Nil	Demat Account Opening Fee : Rs 499
Demat Account AMC	Demat Account AMC : Rs 400 from second year onward	Demat Account AMC : Rs 300
Trading Account AMC	Trading Account AMC : Nil	Trading Account AMC : Nil

Religare Broking vs SMC Global Brokerage Charges

Religare Broking Brokerage Charges Equity Delivery is 0.50% to 0.10% and Equity Intraday is 0.050% to 0.010% and Equity Options is Rs 70 per lot . SMC Global Brokerage Charges Equity Delivery is 0.3% and Equity Intraday is 0.03% and Equity Options is Rs 70 per lot .

	Religare Broking	SMC Global
Plan Name	Plan Name : Standard Plan	Plan Name : SMC Global Limited
Equity Delivery	Equity Delivery : 0.50% to 0.10%	Equity Delivery : 0.3%
Equity Intraday	Equity Intraday : 0.050% to 0.010%	Equity Intraday : 0.03%
Equity Future	Equity Future : 0.05%	Equity Future : 0.03%
Equity Options	Equity Options : Rs 70 per lot	Equity Options : Rs 70 per lot
Currency Futures	Currency Futures : 0.05%	Currency Futures : 0.03%
Currency Options	Currency Options : Rs 30 per lot	Currency Options : Rs 20 per lot
Monthly Fee	Monthly Fee : -	Monthly Fee : -
Margin Trading	Margin Trading : 0.025%	Margin Trading : -
Commodity Futures	Commodity Futures : 0.05%	Commodity Futures : 0.03%
Commodity Options	Commodity Options : Rs 30 per lot	Commodity Options : 0.03%

Religare Broking vs SMC Global Exchange Transaction Charges

Religare Broking Exchange Transaction Charges Equity Future is 0.004% and Equity Options is 0.06% on Premium . 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) .

	Religare Broking	SMC Global
Equity Delivery	Equity Delivery : 0.0037%	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : 0.0037%	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : 0.004%	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : 0.06% on Premium	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : 0.004%	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : 0.06% on Premium	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : 0.0035%	Commodity : 0.0030%

Religare Broking vs SMC Global Other Charges

Religare Broking Minimum Brokerage is 1p per share and Call & Trade is Rs 10 per executed order (max Rs 50 per day) . SMC Global Minimum Brokerage is Rs 25 per trade or 2.5% of the trade value whichever is lower and .

	Religare Broking	SMC Global
Minimum Brokerage	Minimum Brokerage : 1p per share	Minimum Brokerage : Rs 25 per trade or 2.5% of the trade value whichever is lower
Call & Trade	Call & Trade : Rs 10 per executed order (max Rs 50 per day)	Call & Trade : -
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹12 + ₹5.5 (CDSL) per scrip	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

Religare Broking vs SMC Global Features

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

	Religare Broking	SMC Global
Trading Platform	Trading Platform : Odin Diet, Web, Dynami	Trading Platform : SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : -
Trading Alerts	Trading Alerts : No	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 : No	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

Religare Broking vs SMC Global Demat Account Charges

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

	Religare Broking	SMC Global
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : NIL	Account Opening Fee : Nil.
Advance Deposit	Advance Deposit : Rs 500	Advance Deposit : -
AMC	AMC : Client opting for digital statement: Rs 300 per annum Client opting for physical statement: Rs 400 per annum	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 : Rs 2 per certificate + Rs 30 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 : Rs 20 per certificate + CDSL Charges + Rs 30 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) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Delivery given to Religare Pool Account: Rs 15 (Client with POA Religare), Rs 25 (Client without POA Religare) Any other Account: Rs 30 per debit or 0.02% of the value of transaction whichever is higher	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 : Rs 50 per request or 0.02% of the value of securities whichever is higher	Pledge Creation Charges : Rs 60
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Rs 50 per request or 0.02% of the value of securities whichever is higher	Pledge Creation Confirmation Charges : Rs 60
Pledge Invocation Charges	Pledge Invocation Charges : Rs 50 per request or 0.02% of the value of securities whichever is higher	Pledge Invocation Charges : Rs 30
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : Rs 20 per instruction
Other Charges	Other Charges : Demat Rejection Charges Rs 30 per rejection. Delivery Instruction Booklet Rs 1 per leaflet.	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

Religare Broking vs SMC Global Basic Details

Religare Broking Year of Incorporation is 1994 and Total Number of Clients is 143944 and Total Number of Branches is 1500 . SMC Global Year of Incorporation is 1994 and Total Number of Clients is 177541 and Total Number of Branches is 2450 .

	Religare Broking	SMC Global
Year of Incorporation	Year of Incorporation : 1994	Year of Incorporation : 1994
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX, NCDEX	Active Exchange Memberships : BSE, NSE, MCX, NCDEX
Demat Services	Demat Services : Yes	Demat Services : Yes
Website	Website : https://www.religareonline.com	Website : https://www.smctradeonline.com/
Contact Details	Contact Details : 011-39125000	Contact Details : +91-11-66075200
Total Number of Clients	Total Number of Clients : 143,944	Total Number of Clients : 177,541
Total Number of Branches	Total Number of Branches : 1500	Total Number of Branches : 2450
Products *	Products : -	Products : -

Religare Broking vs SMC Global Orders

Orders

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

Religare Broking vs SMC Global Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Religare Broking	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 : Yes	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : -	ETF research : -
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : Yes

Religare Broking vs SMC Global Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Religare Broking	SMC Global
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs. 2 lakh (for commodity, the charges are Rs 1-2 lakh)	Investment required for Franchisee / AP : ₹3,00,000 to ₹5,00,000

Religare Broking vs SMC Global Product & Services

Religare Broking 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:

	Religare Broking	SMC Global
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : -
Margin Trading *	Margin Trading : -	Margin Trading : -
Call N Trade *	Call N Trade : -	Call N 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 : Yes	SMS Alerts : Yes
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 : -

Religare Broking vs SMC Global Customer Services

Religare Broking 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:

	Religare Broking	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 : -

Religare Broking vs SMC Global Other Investement

Religare Broking 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:

	Religare Broking	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 : -

Religare Broking vs SMC Global Trading Platform

Religare Broking 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:

	Religare Broking	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 : -
Contact Now