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

Sharekhan

Open Account

SMC Global

	Sharekhan	SMC Global

About The Brokers

Sharekhan :

"Sharekhan is one of the pioneers of online trading in India. It offers a broad range of financial products and services including securities brokerage, mutual fund di >>> 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 :

Sharekhan :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS

SMC Global :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS

Type of Broker

Sharekhan :

Full Service Broker

SMC Global :

Full Service Broker

Promo/offers

Sharekhan :

N/A

SMC Global :

N/A

Advantage

Sharekhan :

✔ What Sharekhan Does Well

✓	4,200+ centres in 1,100+ cities — widest retail presence of any reviewed broker; includes international offices in Oman and UAE
✓	Dial-N-Trade FREE — phone order placement at no extra charge (ICICI Direct ₹50; Zerodha ₹50+GST)
✓	TradeTiger — India's most widely used desktop trading terminal; battle-tested over 20+ years
✓	Investiger app — research-driven portfolio management with stock picks and alerts
✓	Sharekhan Classrooms — free stock market education for beginners and advanced traders
✓	AMC free yr1; account opening free
✓	PMS available for HNI investors
✓	NRI accounts with Oman + UAE offices — true international presence

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

Sharekhan :

✘ Where Sharekhan Falls Short

✗	Delivery 0.30% is expensive vs ₹0 at discount brokers
✗	AMC ₹400/year from yr2 — moderate but adds to cost
✗	No direct mutual funds — regular MF only; investors seeking direct plan cost savings must use another platform
✗	Prepaid plan pricing opaque — negotiated by volume; not clearly published
✗	Account closure: ₹150; reactivation: ₹100 — unusual fees among reviewed brokers
✗	Mobile app has mixed reviews post some updates (stability issues reported)

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

Sharekhan :

Pan India Presence over 170 branches & 2300+ Franchise partners.
DP transaction facility is available without any cost.
Sharekhan allows fixed deposit as collateral for Future & Options.
At Sherkhan you can Trade through call & trade service.
Provide you scope to widen your portfolio by investing in Equities, IPO, Mutual Funds, ETFs, Commodities, F&O

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.

Open Account

Sharekhan vs SMC Global Account Opening & AMC Charges

Sharekhan Trading Account Opening Fee is Rs 0 (Free) and SMC Global Trading Account Opening Fee is Nil . Sharekhan Demat Account AMC is Rs 400 (Free for 1st year) and SMC Global Demat Account AMC is Rs 300 .

	Sharekhan	SMC Global
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Nil
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 499
Demat Account AMC	Demat Account AMC : Rs 400 (Free for 1st year)	Demat Account AMC : Rs 300
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : Nil

Sharekhan vs SMC Global Brokerage Charges

Sharekhan Brokerage Charges Equity Delivery is 0.30% on market rate or minimum 1 paisa per share and Equity Intraday is 0.02% on market rate or minimum 1 paisa per share and Equity Options is Rs 20 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 .

	Sharekhan		SMC Global
Plan Name	Plan Name : Classic Account	Plan Name : Sharekhan Prepaid	Plan Name : SMC Global Limited
Equity Delivery	Equity Delivery : 0.30% on market rate or minimum 1 paisa per share	Equity Delivery : 0.10%	Equity Delivery : 0.3%
Equity Intraday	Equity Intraday : 0.02% on market rate or minimum 1 paisa per share	Equity Intraday : 0.015%	Equity Intraday : 0.03%
Equity Future	Equity Future : 0.02% per transaction value	Equity Future : 0.015%	Equity Future : 0.03%
Equity Options	Equity Options : Rs 20 per lot	Equity Options : 0.05% or Rs 63 per lot	Equity Options : Rs 70 per lot
Currency Futures	Currency Futures : 0.02% per transaction value	Currency Futures : -	Currency Futures : 0.03%
Currency Options	Currency Options : Rs 5 per lot	Currency Options : -	Currency Options : Rs 20 per lot
Monthly Fee	Monthly Fee : -	Monthly Fee : Rs 1,00,000 per year	Monthly Fee : -
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : 0.02%	Commodity Futures : -	Commodity Futures : 0.03%
Commodity Options	Commodity Options : Rs 20 per lot	Commodity Options : -	Commodity Options : 0.03%

Sharekhan vs SMC Global Other Charges

Sharekhan Minimum Brokerage is Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share and Call & Trade is Rs 20 . SMC Global Minimum Brokerage is Rs 25 per trade or 2.5% of the trade value whichever is lower and .

	Sharekhan	SMC Global
Minimum Brokerage	Minimum Brokerage : Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future Rs 0.001 per share	Minimum Brokerage : Rs 25 per trade or 2.5% of the trade value whichever is lower
Call & Trade	Call & Trade : Rs 20	Call & Trade : -
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : Rs 0	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

Sharekhan vs SMC Global Features

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

	Sharekhan	SMC Global
Trading Platform	Trading Platform : TradeTiger, Sharekhan Mobile	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 : Yes	Research and Advice / Trading Tips : 1
Detailed Education Initiatives	Detailed Education Initiatives : Yes	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

Sharekhan vs SMC Global Demat Account Charges

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

	Sharekhan	SMC Global
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Actual Stamp Paper Charges	Account Opening Fee : Nil.
Advance Deposit	Advance Deposit : Rs. 500 Advance which will be adjusted against billing (Optional) Tariff D - Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)	Advance Deposit : -
AMC	AMC : Scheme A: Rs 400, Scheme B: Rs 500, Scheme C: Rs 350, Scheme D: Nil, Scheme E: Rs 100, Scheme F: Rs 500, Scheme H: Rs 1000, Scheme G: Nil(holding Value <= Rs 50000) or 100(holding Value from Rs 50001 to Rs 200000)or 400(holding Value >Rs 200000) Scheme A, C, E & H: Free for the 1st Year.	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 5 per share certificate (minimum â‚¹ 50 per request)	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 50 per certificate or Rs 50 for every hundred securities	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) : Scheme A & B: Sales through Sharekhan: Rs 0 Else 0.03% of value of tran(min Rs 30), Scheme C & D: Sales through Sharekhan Rs 6 Per tran Else 0.03% of value of tran(min Rs 30), Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min Rs 29,H:min Rs 30) Else 0.03% of value of tran(min Rs 49), Scheme F: 0.03% of value of tran(min Rs 30), Scheme G: 0.03% of value of tran(min Rs 49)	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 : 0.03 % of the value of the Transaction (Min Rs 100 per transaction)	Pledge Creation Charges : Rs 60
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : Rs 60
Pledge Invocation Charges	Pledge Invocation Charges : Nil	Pledge Invocation Charges : Rs 30
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : Rs 20 per instruction
Other Charges	Other Charges : Freeze /De-freeze - Rs 25 per request Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs 100) Client Master changes Rs 30 per request for Tariff G	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

Sharekhan vs SMC Global Basic Details

Sharekhan Year of Incorporation is 2000 and Total Number of Clients is 533563 and Total Number of Branches is 2800 . SMC Global Year of Incorporation is 1994 and Total Number of Clients is 158044 and Total Number of Branches is 2450 .

	Sharekhan	SMC Global
Year of Incorporation	Year of Incorporation : 2000	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 : http://www.sharekhan.com	Website : https://www.smctradeonline.com/
Contact Details	Contact Details : 022-61150000	Contact Details : +91-11-66075200
Total Number of Clients	Total Number of Clients : 533,563	Total Number of Clients : 158,044
Total Number of Branches	Total Number of Branches : 2800	Total Number of Branches : 2450
Products *	Products : Investment banking, institutional broking	Products : -
Key USP *	Key USP : 4,200+ centres; TradeTiger; free Dial-N-Trade; Mirae Asset (Nov 2024)	Key USP : Diversified financial services; commodities strength; wide branch network
Broker Type *	Broker Type : Full-Service	Broker Type : Full-Service

Sharekhan vs SMC Global Orders

Orders

	Sharekhan	SMC Global
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : No
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	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) : No	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : No

Sharekhan vs SMC Global Research and Advice / Trading Tips

Research and Advice / Trading Tips

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

Sharekhan vs SMC Global Product & Services

Sharekhan 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:

	Sharekhan	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 : Yes	Offers Multiple Plan : -
IPO Investment *	IPO Investment : Yes	IPO Investment : -
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : -
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : -
Margin Calculator *	Margin Calculator : No	Margin Calculator : -
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : -
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	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 : Yes	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 : -

Sharekhan vs SMC Global Customer Services

Sharekhan 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:

	Sharekhan	SMC Global
Toll Free Number *	Toll Free Number : Yes	Toll Free Number : -
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : -
Email Facility *	Email Facility : Yes	Email Facility : -
Branch / walk-in support *	Branch / walk-in support : Yes	Branch / walk-in support : -
Customer Care *	Customer Care : Yes	Customer Care : -
Community Service *	Community Service : Yes	Community Service : -
Relationship Manager *	Relationship Manager : Yes	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : -

Sharekhan vs SMC Global Other Investement

Sharekhan 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:

	Sharekhan	SMC Global
Commodity Trading *	Commodity Trading : Yes	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 : Yes	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 : -

Sharekhan vs SMC Global Trading Platform

Sharekhan 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:

	Sharekhan	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 : Yes	I-Pad App : -
Algo trading platform / API *	Algo trading platform / API : Yes	Algo trading platform / API : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : -
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