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SMC Global vs Zerodha (Compare SMC Global and Zerodha)

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 SMC Global vs Zerodha, Below comparison of SMC Global vs Zerodha 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 SMC Global vs Zerodha is given below:

SMC Global Zerodha
About The Brokers
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

Zerodha :

Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that    >>> more

Find More Information about the Broker :
SMC Global :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Zerodha :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
SMC Global :
 Full Service Broker
Zerodha :
 Discount Broker
Promo/offers
SMC Global :
N/A
Zerodha :
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
Advantage
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.
Zerodha :
  •  No Brokerage on Equity delivery & Mutual Fund.
  •  Flat rate for stock trading.
  •  Own DP services.
  •  Strong Customer service .
  •  Good Brokerage & Margin Calculator.
  •  Offers up to 20x leverage on intraday trading.
  •  Offers most advanced online trading tools.
  •  Offers facility to apply on-line IPO .
  •  Zerodha offers referral program to its customers.
Disadvantage
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.
Zerodha :
  •  No margin funding.
  •  Very High charges on Call and Trade @ ₹50 per call.
  •  Charges on Funds Transfer @ ₹9 per fund transfer.
  •  Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity
  •  Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer.
  •  Doesn't provide stock tips, research reports or recommendations.
  •  Doesn't offer Unlimited Trading Plans.
Why This
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.
Zerodha :
  •  Zerodha Charge flat rate of ₹20 per executed order.
  •  Zerodha does not charge any brokerage on Equity delivery transactions.
  •  Zerodha provides platform to invest in mutual funds.
  •  Innovative trading platform.
  •  No upfront fee, no minimum brokerage and no minimum contract charges.
  • The largest stockbroker by active clients, market volume.
  • Zero brokerage Direct Mutual Funds. 
  • Offers up to 20x leverage on intraday trading. 
Open Account

SMC Global vs Zerodha Account Opening & AMC Charges

SMC Global Trading Account Opening Fee is Nil and Zerodha Trading Account Opening Fee is Rs 200 . SMC Global Demat Account AMC is Rs 300 and Zerodha Demat Account AMC is Rs 300 .

SMC Global Zerodha
Trading Account Opening Fee Trading Account Opening Fee :

Nil

Trading Account Opening Fee :

Rs 200

Demat Account Opening Fee Demat Account Opening Fee :

Rs 499

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 300

Demat Account AMC :

Rs 300

Trading Account AMC Trading Account AMC :

Nil

Trading Account AMC :

Rs 0 (Free)

Open Account Open Account

SMC Global vs Zerodha 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 . Zerodha Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order .

SMC Global Zerodha
Plan Name Plan Name :

SMC Global Limited

Plan Name :

Standard Plan

Equity Delivery Equity Delivery :

0.3%

Equity Delivery :

Rs 0 (Free)

Equity Intraday Equity Intraday :

0.03%

Equity Intraday :

Rs 20 per executed order or .03% whichever is lower

Equity Future Equity Future :

0.03%

Equity Future :

Rs 20 per executed order or .03% whichever is lower

Equity Options Equity Options :

Rs 70 per lot

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

0.03%

Currency Futures :

Rs 20 per executed order or .03% whichever is lower

Currency Options Currency Options :

Rs 20 per lot

Currency Options :

Rs 20 per executed order or .03% whichever is lower

Monthly Fee Monthly Fee : - Monthly Fee : -
Margin Trading Margin Trading : - Margin Trading :

Rs 20

Commodity Futures Commodity Futures :

0.03%

Commodity Futures :

Rs 20 per executed order or .03% whichever is lower

Commodity Options Commodity Options :

0.03%

Commodity Options :

Rs 20 per executed order or .03% whichever is lower

Open Account Open Account

SMC Global vs Zerodha Exchange Transaction Charges

SMC Global Exchange Transaction Charges Equity Future is 0.0029% and Equity Options is 0.065% (on premium) . Zerodha Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) and Equity Options is NSE Rs 5300 per Cr (0.053%) (on premium) .

SMC Global Zerodha
Equity Delivery Equity Delivery :

0.0035%

Equity Delivery :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday Equity Intraday :

0.0035%

Equity Intraday :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Future * Equity Future :

0.0029%

Equity Future :

NSE Rs 200 per Cr (0.002%)

Equity Options * Equity Options :

0.065% (on premium)

Equity Options :

NSE Rs 5300 per Cr (0.053%) (on premium)

Currency Futures * Currency Futures :

0.0029%

Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)

Currency Options Currency Options :

0.065% (on premium)

Currency Options :

NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)

Commodity Commodity :

0.0030%

Commodity :

Group A - Rs 260 per Cr (0.0026%)

Open Account Open Account

SMC Global vs Zerodha Other Charges

SMC Global Minimum Brokerage is Rs 25 per trade or 2.5% of the trade value whichever is lower and . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is Rs 50 per executed order .

SMC Global Zerodha
Minimum Brokerage Minimum Brokerage :

Rs 25 per trade or 2.5% of the trade value whichever is lower

Minimum Brokerage :

0.03% in Intraday and F&O

Call & Trade Call & Trade : - Call & Trade :

Rs 50 per executed order

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) : - DP Charges (on sell side) :

₹13.5 per scrip

Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges :

Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS

Open Account Open Account

SMC Global vs Zerodha Features

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

SMC Global Zerodha
Trading Platform Trading Platform :

SMC Privilege, Easy Trader, Mobitrader, Tab Trader

Trading Platform :

Kite Web, Kite Mobile for Android/iOS and Coin

Placing orders through charts Placing orders through charts : - Placing orders through charts :

Yes

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

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

1

Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives :

Yes

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

1

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

Open Account Open Account

SMC Global vs Zerodha Demat Account Charges

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

SMC Global Zerodha
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Nil.

Account Opening Fee :

Rs 50 (Stamp charges payable upfront)

Advance Deposit Advance Deposit : - Advance Deposit :

Rs 0

AMC 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.

AMC :

Individuals/Non Individual (except Corporate) - Rs 300 + GST
Non Individual - Corporate - Rs 1000

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)

Dematerialisation Charges :

Rs 150 per certificate (+ Rs 100 Courier charges)

Rematerialisation Charges Rematerialisation Charges :

Rs 25 (For one certificate/100 shares) Courier Charges Extra(Rs 25 for Local & Rs 40 for outstation courier)

Rematerialisation Charges :

Rs 150 per certificate + CDSL charges + Rs 100 Courier charges

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) 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)

Transaction Charges (debit) :

  • Market Trades: Rs 13.5 + GST
  • Off-Market Trades: 0.03% of Rs 25 whichever is higher + GST

Pledge Creation Charges Pledge Creation Charges :

Rs 60

Pledge Creation Charges :

Rs 30 per request + GST

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Rs 60

Pledge Creation Confirmation Charges :

Rs 0

Pledge Invocation Charges Pledge Invocation Charges :

Rs 30

Pledge Invocation Charges :

Rs 20

Failed Instruction Charges Failed Instruction Charges :

Rs 20 per instruction

Failed Instruction Charges :

Rs 50 per ISIN

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

Other Charges :

  • Cheque Bounce: Rs 350
  • Physical Statement - Rs 50 (+Courier charges at actual)
  • Modification in CML - Rs 25 per request
  • KRA Upload / Download - Rs 50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

Open Account Open Account

SMC Global vs Zerodha Basic Details

SMC Global Year of Incorporation is 1994 and Total Number of Clients is 162802 and Total Number of Branches is 2450 . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 6513036 and Total Number of Branches is 22 .

SMC Global Zerodha
Year of Incorporation Year of Incorporation :

1994

Year of Incorporation :

2010

Active Exchange Memberships Active Exchange Memberships :

BSE, NSE, MCX, NCDEX

Active Exchange Memberships :

NSE, BSE, MCX and NCDEX

Demat Services Demat Services :

Yes

Demat Services :

No

Website Website : https://www.smctradeonline.com/ Website : https://zerodha.com
Contact Details Contact Details :

+91-11-66075200

Contact Details :

080-40402020

Total Number of Clients Total Number of Clients :

162,802

Total Number of Clients :

6,513,036

Total Number of Branches Total Number of Branches :

2450

Total Number of Branches :

22

Products * Products : - Products :

Kite Web, Kite Mobile for Android/iOS and Coin

Open Account Open Account

SMC Global vs Zerodha Orders

Orders

SMC Global Zerodha
Cover Orders (CO) Cover Orders (CO) :

No

Cover Orders (CO) :

Yes

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) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

SMC Global vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

SMC Global Zerodha
Equity Trading Recommendation * Equity Trading Recommendation : - Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation : - Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile : - Recommendation basis risk Profile :

No

Comparison * Comparison : - Comparison :

No

Free Tips * Free Tips :

Yes

Free Tips :

No

Daily Market report * Daily Market report :

Yes

Daily Market report :

No

ETF research * ETF research : - ETF research :

No

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

No

Open Account Open Account

SMC Global vs Zerodha Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

SMC Global Zerodha
Availability for franchisee / AP Availability for franchisee / AP :

Yes

Availability for franchisee / AP :

Yes

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

₹3,00,000 to ₹5,00,000

Investment required for Franchisee / AP :

Rs.11,000

Open Account Open Account

SMC Global vs Zerodha Product & Services

SMC Global and Zerodha both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

SMC Global Zerodha
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading :

Yes

Margin Trading * Margin Trading : - Margin Trading :

No

Call in Trade * Call in Trade : - Call in Trade :

Yes

Trading in Both the exchanges * Trading in Both the exchanges : - Trading in Both the exchanges :

Yes

Limit Order * Limit Order : - Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account : - 3-in-1 On-line Trading Account :

No

NRI Services * NRI Services : - NRI Services :

Yes

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

No

Offers Multiple Plan * Offers Multiple Plan : - Offers Multiple Plan :

No

IPO Investment * IPO Investment : - IPO Investment :

No

Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis :

Yes

Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator : - Margin Calculator :

Yes

Stop Loss Order * Stop Loss Order : - Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss :

Yes

Equity Future & Option Trading * Equity Future & Option Trading : - Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading : - Currency Future & Option Trading :

Yes

Market Trading * Market Trading : - Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan : - Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading :

No

Open Account Open Account

SMC Global vs Zerodha Customer Services

SMC Global and Zerodha 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:

SMC Global Zerodha
Toll Free Number * Toll Free Number : - Toll Free Number :

No

Live Chat Facility * Live Chat Facility : - Live Chat Facility :

No

Email Facility * Email Facility : - Email Facility :

Yes

Branch Offices * Branch Offices : - Branch Offices :

Yes

Customer Care * Customer Care : - Customer Care :

Yes

Community Service * Community Service : - Community Service :

Yes

Relationship Manager * Relationship Manager : - Relationship Manager :

No

24/7 Support * 24/7 Support : - 24/7 Support :

No

Open Account Open Account

SMC Global vs Zerodha Other Investement

SMC Global and Zerodha 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:

SMC Global Zerodha
Commodity Trading * Commodity Trading : - Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs : - Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds : - Investment in Bonds :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments : - Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services : - Insurance Services :

No

Banking Services * Banking Services : - Banking Services :

No

Open Account Open Account

SMC Global vs Zerodha Trading Platform

SMC Global and Zerodha both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

SMC Global Zerodha
Web Platform * Web Platform : - Web Platform :

Yes

Android Mobile App * Android Mobile App : - Android Mobile App :

Yes

Desktop Windows * Desktop Windows : - Desktop Windows :

Yes

Desktop Mac * Desktop Mac : - Desktop Mac :

No

I-Pad App * I-Pad App : - I-Pad App :

Yes

Virtual Trading * Virtual Trading : - Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App :

Yes

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