SMC Trade Online Vs EZ Wealth – Share Brokers Comparison
SMC Trade Online Vs EZ Wealth
Here is a point by point comparison of SMC Trade Online Vs EZ Wealth. 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.
EZ Wealth is a New Delhi based discount stock broker coming from the house of Wealth Discovery Securities Private limited. The broker offers low brokerage at ₹11 and in fact offers multiple brokerage plans depending on user’s preference. Furthermore, the broker also provides free research and tips to its clients.
Full service brokers such as SMC Trade 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 EZ Wealth 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 Trade Online Vs EZ Wealth 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
EZ Wealth Review | SMC Global Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 2017 | 1994 |
Number of branches across India | 1 | 2,450 |
Exchanges | NSE, BSE, MCX, NCDEX | NSE, BSE, MCX, NCDEX, MCX-SX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹1100 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹300 |
Demat Account Opening Charges | ₹0 | ₹499 |
Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
Transaction Charges | SMC Global Transaction Charges | |
BROKERAGE | ||
Equity Delivery | ₹11 per executed order | 0.3% |
Intraday Delivery | ₹11 per executed order | 0.03% |
Equity Futures | ₹11 per executed order | 0.03% |
Equity Options | ₹11 per executed order | ₹70 per lot |
Currency Futures | ₹11 per executed order | 0.03% |
Currency Options | ₹11 per executed order | ₹20 per lot |
Commodity | ₹11 per executed order | 0.03% |
Brokerage Calculator | EZ Wealth Brokerage Calculator | SMC Global Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | 3 to 10 times for Intraday | Upto 10 times Intraday & 3 times for Delivery |
Equity Futures | Upto 2.5 Times | 2 times |
Equity Options | NA | NA |
Currency Futures | Upto 2.5 Times | NA |
Currency Options | NA | NA |
Commodities | Upto 2.5 Times | 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) | EZ Desk, EZ WEb, EZ Mobi | SMC Privilege, Easy Trader, Mobitrader, TabTrader |
Total BSE+NSE Complaints | 0.09% | 44 |
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 Trade Online or EZ Wealth for the benefits of other readers. Please feel free to share in the comments below.
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