SMC Global Online Vs RK Global – Share Brokers Comparison
SMC Global Online Vs RK Global
Here is a point by point comparison of SMC Global Online Vs RK Global. 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. RK Global opened out to other segments by 2004 with PAN India presence. By 2006, RK Global was already offering e-trading options with unlimited trading plans. Now, as a discount stock broker, they have a huge presence across 24 states and 150+ locations in India.
Discount brokers such as RK Global 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 RK Global 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 | R K Global Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Discount Broker |
Incorporated In the Year | 1994 | 1995 |
Number of branches across India | 2,450 | 150 |
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 | ₹50 |
Demat Account Annual Maintenance Charges | ₹0 | ₹250, First year Free |
Transaction Charges | SMC Global Transaction Charges | RK Global Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | ₹9 per executed order or ₹999 per month for unlimited trading |
Intraday Delivery | 0.03% | ₹9 per executed order or ₹999 per month for unlimited trading |
Equity Futures | 0.03% | ₹9 per executed order or ₹999 per month for unlimited trading |
Equity Options | ₹70 per lot | ₹9 per executed order or ₹999 per month for unlimited trading |
Currency Futures | 0.03% | ₹0.99 per lot or ₹999 per month for unlimited trading |
Currency Options | ₹20 per lot | ₹0.99 per lot or ₹999 per month for unlimited trading |
Commodity | 0.03% | ₹9 per executed order or ₹999 per month for unlimited trading |
Brokerage Calculator | SMC Global Brokerage Calculator | RK Global Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times Intraday & 3 times for Delivery | Upto 8 to 10 times for Intraday, no leverage for Delivery |
Equity Futures | 2 times | 5 times for Intraday |
Equity Options | NA | 5 times for Intraday |
Currency Futures | NA | Upto 3 times |
Currency Options | NA | Upto 3 times |
Commodities | 2 times | 5 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 | RKG DIET ODIN, RKG MOBILE TRADING |
Total BSE+NSE Complaints | 44 | 23 |
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 RK Global for the benefits of other readers. Please feel free to share in the comments below.
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