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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 |  |  |
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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SMC Global Online Vs Reliance Securities
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