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Marwadi Shares Vs SMC Global Online – Share Brokers Comparison
| | Broker Comparison, Trading | No Comments
Here is a point by point comparison of Marwadi Shares 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. Marwadi Shares is a Gujarat based full service stock broker and has around 1450 branches across different parts of the country. The broker offers low brokerage charges but has low focus on developing its in-house trading platforms. Thus, clients must make sure to understand their requirements before opening the account.
Full service brokers such as Marwadi Shares 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 Marwadi Shares 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 | Marwadi Group Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service |
| Incorporated In the Year | 1994 | 1992 |
| Number of branches across India | 2,450 | 1450 |
| Exchanges | NSE, BSE, MCX, NCDEX, MCX-SX | NSE, BSE, MCX and NCDEX |
| 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 | ₹450 per year or ₹2500 for lifetime |
| Transaction Charges | SMC Global Transaction Charges | Marwadi Shares Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% | 0.3% |
| Intraday Delivery | 0.03% | 0.06% |
| Equity Futures | 0.03% | 0.02% |
| Equity Options | ₹70 per lot | ₹100 per lot |
| Currency Futures | 0.03% | 0.02% |
| Currency Options | ₹20 per lot | ₹100 per lot |
| Commodity | 0.03% | 0.02% |
| Brokerage Calculator | SMC Global Brokerage Calculator | Marwadi Group Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times Intraday & 3 times for Delivery | Upto 10 times for Intraday, 2 times for Delivery |
| Equity Futures | 2 times | 2 times for Intraday |
| Equity Options | NA | 4 times for Intraday |
| Currency Futures | NA | 2 times for Intraday |
| Currency Options | NA | 4 times for Intraday |
| Commodities | 2 times | 2 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, NSE Now, Marwadi Trade Mobile App |
| Complaints percentage | 0.07% | 0.01% |
| 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 Marwadi Shares Vs SMC Global Online for the benefits of other readers. Please feel free to share in the comments below.
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Marwadi Shares Vs SMC Global Online
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