SMC Global Online Vs Upstox – Share Brokers Comparison

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SMC Global Online Vs Upstox

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

Upstox (also known as RKSV) is a discount broker launched by 3 co-founders in 2012. Today, Upstox does a daily turnover of ₹5000 Crore with a customer base of around 20,000. The firm has been backed up by some of the prominent names such as Ratan Tata, Kalaari Capital and GVK Davix.

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. Discount brokers such as Upstox 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 Upstox 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 stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.

Comparison



	SMC Global Review	Upstox Review
OVERVIEW
Broker Type	Full Service Broker	Discount Broker
Incorporated In the Year	1994	2012
Number of branches across India	2,450	3
Exchanges	NSE, BSE, MCX, NCDEX, MCX-SX	NSE, BSE, MCX and MCX – SX
ACCOUNT CHARGES
Trading Account Opening Charges	₹0	₹150
Trading Account Annual Maintenance Charges	₹300	₹0
Demat Account Opening Charges	₹499	₹0
Demat Account Annual Maintenance Charges	₹0	₹150
Transaction Charges	SMC Global Transaction Charges	Upstox Transaction Charges
BROKERAGE
Equity Delivery	0.3%	₹0
Intraday Delivery	0.03%	₹20 per executed order
Equity Futures	0.03%	₹20 per executed order
Equity Options	₹70 per lot	₹20 per executed order
Currency Futures	0.03%	₹20 per executed order
Currency Options	₹20 per lot	₹20 per executed order
Commodity	0.03%	₹20 per executed order
Brokerage Calculator	SMC Global Brokerage Calculator	Upstox Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 10 times Intraday & 3 times for Delivery	Upto 20 times Intraday
Equity Futures	2 times	Upto 4 times for Intraday
Equity Options	NA	Upto 4 times for Intraday
Currency Futures	NA	Upto 4 times for Intraday
Currency Options	NA	Upto 4 times for Intraday
Commodities	2 times	Upto 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	NEST, Upstox, Upstox Pro
Total BSE+NSE Complaints	0.07%	0.12%
OVERALL RATING
	Get a Call Back	Get a Call Back

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

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