Goodwill Commodities Vs SMC Global Online – Share Brokers Comparison
Goodwill Commodities Vs SMC Global Online
Here is a point by point comparison of Goodwill Commodities Vs SMC Global Online. SMC Global Online is a full service stock broker with more than 2400 branches across the country. Established back in 1994, SMC Global Online is known for international presence and multiple trading platforms across devices for its retail clients. Goodwill Commodities is a chennai based full service stock broker which has an expertise in commodity trading. The broker was established in 2008 and has presence in 27 locations across different cities of India. Goodwill Commodities is known to provide high exposure but has relatively low focus on technology.
Full service brokers such as Goodwill Commodities or SMC Global Online will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Goodwill Commodities Vs SMC Global Online to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
SMC Global Review | Goodwill Commodities Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service |
Incorporated In the Year | 1994 | 2008 |
Number of branches across India | 2,450 | 27 |
Exchanges | NSE, BSE, MCX, NCDEX, MCX-SX | BSE, NSE, MCX, NCDEX, MSEI |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹300 | ₹0 |
Demat Account Opening Charges | ₹499 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
Transaction Charges | SMC Global Transaction Charges | Goodwill Commodities Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | 0.5% |
Intraday Delivery | 0.03% | 0.1% |
Equity Futures | 0.03% | 0.1% |
Equity Options | ₹70 per lot | 2.5% on the premium or ₹100 per contract, whichever is higher |
Currency Futures | 0.03% | 0.1% |
Currency Options | ₹20 per lot | 2.5% on the premium or ₹30 per contract, whichever is higher |
Commodity | 0.03% | 0.1% |
Brokerage Calculator | SMC Global Brokerage Calculator | Goodwill Commodities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times Intraday & 3 times for Delivery | Upto 5 times Intraday, Upto 2 times delivery |
Equity Futures | 2 times | Upto 3 times for Intraday |
Equity Options | NA | No Leverage |
Currency Futures | NA | Upto 2 times for Intraday |
Currency Options | NA | No Leverage |
Commodities | 2 times | Upto 3 times for Intraday |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | SMC Privilege, Easy Trader, Mobitrader, TabTrader | ODIN Diet, NEST, iWin Mobile App, Goodwill Web Trading app |
Complaints percentage | 0.07% | 0.15% |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Goodwill Commodities Vs SMC Global Online for the benefits of other readers. Please feel free to share in the comments below.
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