SMC Trade Online Vs Interactive Brokers – Share Brokers Comparison

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SMC Trade Online Vs Interactive Brokers

Here is a point by point comparison of SMC Trade Online Vs Interactive Brokers. 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. Interactive Brokers is actually a US based stock broking company and has a discount broking arm based out of Mumbai as well. With 1100+ employees globally, the broker has presence in 100+ countries and was introduced in India in 2009. However, this discount broker offers limited range of trading and investment products.

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 Interactive Brokers 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 Interactive Brokers 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

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

Check out more comparisons here.

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SMC Trade Online Vs Interactive Brokers
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