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Choice Broking Vs SMC Global Online – Share Brokers Comparison
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Choice Broking Vs SMC Global Online
Here is a point by point comparison of Choice Broking 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. Choice Broking is a Mumbai based full service stock broker with a wide range of trading and investment products. Launched in the year 2010, the broker is known for multiple account opening and maintenance level plans providing a reasonable flexibility to its clients.
Full service brokers such as Choice Broking 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 Choice Broking 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 | Choice Broking Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 1994 | 2010 |
| Number of branches across India | 2,450 | 75 |
| Exchanges | NSE, BSE, MCX, NCDEX, MCX-SX | NSE, BSE, MCX, MCX-SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹200 + ₹500 for PoA |
| Trading Account Annual Maintenance Charges | ₹300 | ₹0 |
| Demat Account Opening Charges | ₹499 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
| Transaction Charges | SMC Global Transaction Charges | Choice Broking Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% | 0.2% |
| Intraday Delivery | 0.03% | 0.02% |
| Equity Futures | 0.03% | 0.02% |
| Equity Options | ₹70 per lot | ₹50 per lot |
| Currency Futures | 0.03% | ₹10 per lot |
| Currency Options | ₹20 per lot | ₹10 per lot |
| Commodity | 0.03% | 0.02% |
| Brokerage Calculator | SMC Global Brokerage Calculator | Choice Broking 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 | 3 times for Intraday |
| Equity Options | NA | 2 times for Intraday |
| Currency Futures | NA | 2 times for Intraday |
| Currency Options | NA | 2 times for Intraday |
| Commodities | 2 times | 3 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, Choice Index Mobile App, Choice Investica |
| Complaints percentage | 0.07% | 0.23% |
| 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 Choice Broking Vs SMC Global Online for the benefits of other readers. Please feel free to share in the comments below.
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Summary
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Broker Name
Choice Broking Vs SMC Global Online
Overall Rating
