SMC Global Online Vs Finvasia – Share Brokers Comparison

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SMC Global Online Vs Finvasia

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

Finvasia is a discount broker launched in 2013 with a unique proposition of zero brokerage charges on trading. The broker charges its clients on the basis of the trading platform(s) subscribed to. Based out of Chandigarh, Finvasia allows to trade in Equity, Commodity and Derivatives and not in currency.

Discount brokers such as Finvasia 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 digital 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 Finvasia 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	Finvasia Review
OVERVIEW
Broker Type	Full Service Broker	Discount Broker
Incorporated In the Year	1994	2013
Number of branches across India	2,450	1
Exchanges	NSE, BSE, MCX, NCDEX, MCX-SX	NSE, BSE, MCX
ACCOUNT CHARGES		NSE, BSE, MCX-SX
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	₹0
Transaction Charges	SMC Global Transaction Charges	Finvasia Transaction Charges
BROKERAGE
Equity Delivery	0.3%	₹149 per month per segment
Intraday Delivery	0.03%	₹149 per month per segment
Equity Futures	0.03%	₹149 per month per segment
Equity Options	₹70 per lot	₹149 per month per segment
Currency Futures	0.03%	₹149 per month per segment
Currency Options	₹20 per lot	₹149 per month per segment
Commodity	0.03%	₹149 per month per segment
Brokerage Calculator	SMC Global Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 10 times Intraday & 3 times for Delivery	Upto 10 times for Intraday
Equity Futures	2 times	Upto 2 times
Equity Options	NA	NA
Currency Futures	NA	NA
Currency Options	NA	NA
Commodities	2 times	Upto 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)	SMC Privilege, Easy Trader, Mobitrader, TabTrader	NOW, Nest, AMI Broker, Presto, Blitz
Total BSE+NSE Complaints	44	4
OVERALL RATING
	Get a Call Back	Get a Callback

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

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