SMC Global Online Vs Indiabulls
| |SMC Global Online Vs Indiabulls is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between SMC Global Online Vs Indiabulls so that you get a 360-degree view about which broker to go ahead with.
SMC Global Online Vs Indiabulls Comparison
Here is a point by point comparison of SMC Global Online Vs Indiabulls.
SMC Global Online is a full-service stockbroker 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.
Indiabulls Ventures is a discount stockbroking house from Indiabulls Group (pivoted from the full-service broking model). Based out of Gurgaon, Indiabulls has a presence in 18 cities of the country with a client base of 7 Lakhs. It is one of the very few stockbrokers that provides zero brokerage unlimited trading plans to its clients.
Full-service brokers such as SMC Global Online will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Discount brokers such as Indiabulls Ventures offer trading services at much cheaper brokerage rates and reasonable customer service.
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 Indiabulls 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
SMC Global Online Vs Indiabulls Details
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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
SMC Global Review | Indiabulls Ventures Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1994 | 2000 |
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 | ₹450 |
Trading Account Annual Maintenance Charges | ₹300 | ₹0 |
Demat Account Opening Charges | ₹499 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹450 (Free 1st Year) |
Transaction Charges | SMC Global Transaction Charges | Indiabulls Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | 0.01% |
Intraday Delivery | 0.03% | ₹15 per executed order or 0.01% (whichever is lower) |
Equity Futures | 0.03% | ₹15 per executed order or 0.01% (whichever is lower) |
Equity Options | ₹70 per lot | ₹15 per lot |
Currency Futures | 0.03% | ₹15 per executed order or 0.01% (whichever is lower) |
Currency Options | ₹20 per lot | ₹15 per lot |
Commodity | 0.03% | ₹15 per executed order or 0.01% (whichever is lower) |
Brokerage Calculator | SMC Global Brokerage Calculator | Indiabulls Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times Intraday & 3 times for Delivery | Upto 10 times for Intraday, & 3 times for Delivery |
Equity Futures | 2 times | Upto 3 times Intraday |
Equity Options | NA | NA |
Currency Futures | NA | Upto 3 times Intraday |
Currency Options | NA | NA |
Commodities | 2 times | Upto 3 times 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 | Power Indiabulls, Online Trading, Indiabulls Shubh |
Total BSE+NSE Complaints | 44 | 43 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with SMC Global Online Vs Indiabulls for the benefits of other readers? Please feel free to share in the comments below.
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