SMC Global Online Vs F6 Online – Share Brokers Comparison
SMC Global Online Vs F6 Online
Here is a point by point comparison of SMC Global Online Vs F6 Online. F6 Online is an evolving discount broker with a fixed price monthly and yearly subscription plans for its clients. One of the best part of F6 Online is that it has no annual maintenance changes involved in its pricing which is one of its own kind in this competitive stock broking space. 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.
Discount brokers such as F6 Online offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as 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 SMC Global Online Vs F6 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
F6 Online Review | SMC Global Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 2013 | 1994 |
Number of branches across India | 7 | 2,450 |
Exchanges | NSE, BSE, MCX, NCDEX and NMCE | NSE, BSE, MCX, NCDEX, MCX-SX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹300 |
Demat Account Opening Charges | ₹0 | ₹499 |
Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
Transaction Charges | F6 Online Transaction Charges | SMC Global Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹666 per month or ₹6666 per year | 0.3% |
Intraday Delivery | ₹666 per month or ₹6666 per year | 0.03% |
Equity Futures | ₹666 per month or ₹6666 per year | 0.03% |
Equity Options | ₹666 per month or ₹6666 per year | ₹70 per lot |
Currency Futures | ₹666 per month or ₹6666 per year | 0.03% |
Currency Options | ₹666 per month or ₹6666 per year | ₹20 per lot |
Commodity | ₹666 per month or ₹6666 per year | 0.03% |
Brokerage Calculator | SMC Global Brokerage Calculator | |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 4 times | Upto 10 times Intraday & 3 times for Delivery |
Equity Futures | Upto 4 times | 2 times |
Equity Options | NA | NA |
Currency Futures | Upto 4 times | NA |
Currency Options | NA | NA |
Commodities | 4 times of limit in the liquid commodities including Metals and Crude with no leverage in Agri commodities | 2 times |
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) | F6 Online Web LIVE, F6 Online Mobile app | SMC Privilege, Easy Trader, Mobitrader, TabTrader |
Total BSE+NSE Complaints | 88 | 44 |
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 SMC Global Online Vs F6 Online for the benefits of other readers. Please feel free to share in the comments below.
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