SMC Global Online Vs Reliance Securities – Share Brokers Comparison

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SMC Global Online Vs Reliance Securities

Here is a point by point comparison of SMC Global Online Vs Reliance Securities. 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.

Reliance Securities is the trading arm of Reliance Capital. It was founded in the year 2006 and currently has a customer base of 7 lakh with presence in over 1700 branches.

Full service brokers such as Reliance Securities 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 SMC Global Online Vs Reliance Securities 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



	Reliance Securities Review	SMC Global Review
OVERVIEW
Broker Type	Full Service Broker	Full Service Broker
Incorporated In the Year	2006	1994
Number of branches across India	1700	2,450
Exchanges	NSE, BSE, & MCX-SX	NSE, BSE, MCX, NCDEX, MCX-SX
ACCOUNT CHARGES
Trading Account Opening Charges	₹950	₹0
Trading Account Annual Maintenance Charges	₹0	₹300
Demat Account Opening Charges	₹0	₹499
Demat Account Annual Maintenance Charges	₹400	₹0
Transaction Charges	Reliance Securities Transaction Charges	SMC Global Transaction Charges
BROKERAGE
Equity Delivery	0.5% to 0.08%	0.3%
Intraday Delivery	0.05% to 0.005%	0.03%
Equity Futures	0.05% to 0.005%	0.03%
Equity Options	₹7 to ₹10 per lot	₹70 per lot
Currency Futures	0.04%	0.03%
Currency Options	₹40 per lot	₹20 per lot
Commodity	NA	0.03%
Calculate Brokerage	Reliance Securities Brokerage Calculator	SMC Global Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 10 times for Intraday, Upto 3 times for Delivery	Upto 10 times Intraday & 3 times for Delivery
Equity Futures	Upto 3 times for Intraday	2 times
Equity Options	No Leverage	NA
Currency Futures	No Leverage	NA
Currency Options	No Leverage	NA
Commodities	NA	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)	InstaExpress	SMC Privilege, Easy Trader, Mobitrader, TabTrader
Total BSE+NSE Complaints	69	44
OVERALL RATING
	Get a Callback	Get a Call Back

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 Reliance Securities for the benefits of other readers. Please feel free to share in the comments below.

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