FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Dhan Vs SMC Global: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Dhan Max Rs 20 per trade while the brokerage of SMC Global ranges between 0.05 to 0.50%. Dhan is a Discount Broker where SMC Global is a Full Service Broker. Overall rating for both the brokers are equal with rating 3 out of 5. Number of active customer for Dhan is 5,12,564 where number of active customer for SMC Global is 1,82,535. Dhan is serving more customer compare to SMC Global.

Here we present side-by-side comparison of Dhan vs SMC Global share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Dhan vs SMC Global's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Dhan vs SMC Global share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Dhan vs SMC Global's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Dhan vs SMC Global on Service

  Dhan Compare
Dhan
SMC Global Compare
SMC Global
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 5,12,564 1,82,535
Broker Overview Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr... Know more about Dhan Open a free SMC Global account today to trade on the BSE, NSE, and MCX. Get the best quality research, wealth management & portfolio management advisory, and trade on advanced Easy Trade App and Privilege desktop software.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare Dhan vs SMC Global on Trading & Demat Account Opening Charges

Comparison of Dhan with SMC Global on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where SMC Global charges Rs 400 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Dhan with SMC Global
Charges Dhan SMC Global
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 400 PA (Free for 1st year)
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Dhan vs SMC Global on Plan Options

Plans are the most important feature you look when compare Dhan with SMC Global. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Dhan with SMC Global on Plan Options
Plan Types Dhan SMC Global
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Dhan vs SMC Global on Brokerage Charges

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.

Brokerage Charges - Compare Dhan with SMC Global
Brokerage Charges Compare Dhan SMC Global
Plan Name Dhan Brokerage Plan Standard Trading Plan (Percentage Based)
Equity Delivery Free 0.50% or 30 paisa
Equity Intraday 0.03% or Rs 20 whichever is lower 0.05% or 5 paisa
Equity Futures 0.03% or Rs 20 whichever is lower 0.05% or 5 paisa
Equity Options Flat Fee Rs 20 Rs 100 Per Lot
Currency Futures 0.03% or Rs 20 whichever is lower 0.05% or 5 paisa
Currency Options Flat Fee Rs 20 Rs 25 Per Lot
Commodity Trading Flat Fee Rs 20 0.05% or 5 paisa
Minimum Brokerage No Rs 25 per trade or 2.5% of the trade value whichever is lower
Hidden Charges No Info Not Available
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Rs 50 per order + GST Free
Auto Square off Charges Rs 20 per order + GST Free
Brokerage Calculator Brokerage Calculator for Dhan Brokerage Calculator for SMC Global
Expand

Share Broker's Transaction Charges

Compare Dhan vs SMC Global on Transaction Charges

Compare Dhan with SMC Global on transaction charges and PCM fee by segment.

Transaction Charges - Compare Dhan with SMC Global
Transaction Charges Compare Dhan SMC Global
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for dhan Complete Brokerage Plans for smc-global-broker
Expand

Account Features

Compare Dhan vs SMC Global on Account Features

Compare Dhan with SMC Global on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - SMC Global offers NRI where Dhan doesn't offers NRI Trading.

Account Features - Dhan with SMC Global
Account Features Compare Dhan SMC Global
3 in 1 Account No Dhan have 2-in-1 account. Only Demate and Trading account. No Dhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:20 PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
Expand

Trading Platform

Compare Dhan vs SMC Global on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Dhan and SMC Global. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Dhan with SMC Global
Trading Platform Compare Dhan SMC Global
Desktop Trading Platform Dhan App, Web, Options Trader ODIN Diet
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://web.dhan.co/ https://trade.smcindiaonline.com/easytrade/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Dhan App SMCEasyTrade
Mobile Trading App Demo Dhan App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Dhan App Download Andriod SMCEasyTrade Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Dhan App Download iOS SMCEasyTrade Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Dhan Equity Intraday and Delivery Brokerage Calculator for SMC Global
Futures Brokerage Calculator Futures Brokerage Calculator for Dhan Futures Brokerage Calculator for SMC Global
Options Brokerage Calculator Options Brokerage Calculator for Dhan Options Brokerage Calculator for SMC Global
Detail Detail on Trading Platforms for dhan Detail on Trading Platforms for smc-global-broker

Expand

Broker Ratings by Users

Compare Dhan vs SMC Global on User Rating

  Dhan SMC Global
  12 Customer Reviews    Rate Dhan 7 Customer Reviews    Rate SMC Global
Fees Ratings 2.8 3.0
Trading Brokerage Rating 3.6 2.1
Trading Platform Usability 3.2 3.0
Customer Service Ratings 2.8 2.4
Overall Ratings 3.3 2.7
Broker Rating Dhan is Rated 3.3 / 5 based on 12 customer reviews SMC Global is Rated 2.7 / 5 based on 7 customer reviews
Expand

Investment Offerings

Compare Dhan vs SMC Global on Investment Offerings

Compare Dhan with SMC Global on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - SMC Global offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - SMC Global provides PMS Service where Dhan doesn't offer

Investment Offerings - Compare Dhan with SMC Global
Investment Offerings Compare Dhan SMC Global
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment Yes No
PMS Service No Yes
Other Investment Options NIL Insurance
Expand

Order Types

Compare Dhan vs SMC Global on Order Types

Order Type - Compare Dhan with SMC Global on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Dhan provide Cover Orders (CO) where SMC Global doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Dhan provide Bracket Orders (BO) where SMC Global doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Dhan with SMC Global
Order Type Compare Dhan SMC Global
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
Expand

Customer Service Offered

Compare Dhan vs SMC Global on Customer Service

Compare Dhan with SMC Global on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Dhan with SMC Global
Customer Service Compare Dhan SMC Global
24/7 Customer Service Dhan vs SMC Global - 24x7 customer support No No
Email Support Dhan vs SMC Global - Email Support Yes Yes
Onine Live Chat Dhan vs SMC Global - Onine Live Chat Yes No
Phone Support Dhan vs SMC Global - Phone Support Yes Yes
Toll Free Number Dhan vs SMC Global - Toll Free Number No Yes
Through Branches Dhan vs SMC Global - Through Branches No Yes
Customer Care Number Dhan vs SMC Global - Customer Care Number 022-48906273 91-11-66075200
Account Opening Process Dhan vs SMC Global - Account Opening Process Zero Online/Paperless
Customer Support Email Dhan vs SMC Global - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Dhan vs SMC Global - Knowledge Center/Education https://knowledge.dhan.co/support/home https://www.smctradeonline.com/research/new-letters
Head Office Address Dhan vs SMC Global - Head Office Address/Corporate Address
302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi - 110005
Website Dhan vs SMC Global - Company Website https://dhan.co/ https://www.smctradeonline.com
Expand

Tips/Research/Reports Published

Compare Dhan vs SMC Global on Research Reports, Tips

Compare Dhan with SMC Global on research reports and tips provided by the broker.

Research Reports - Compare Dhan with SMC Global
  Dhan SMC Global
Research Mutual Funds Dhan vs SMC Global - Research Mutual Funds No Yes
Research Equity Reports Dhan vs SMC Global - Research Equity Reports No Yes
Research ETF Dhan vs SMC Global - Research ETF No Yes
Daily Market Report Dhan vs SMC Global - Daily Market Report No Yes
Free Tips Dhan vs SMC Global - Free Tips No Yes
Quarterly Result Analysis Dhan vs SMC Global - Quarterly Results No Yes
News Alerts Dhan vs SMC Global - No Yes
Expand

Demat Account

Compare Dhan vs SMC Global on Demat Account

Compare Dhan with SMC Global on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for SMC Global is ₹300 pa where for Dhan is Zero.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Dhan is ₹12.5 per transaction where for SMC Global is ₹10+CDSL charges ₹5.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Dhan with SMC Global
  Dhan SMC Global
DP Source CDSL CDSL
DP ID Dhan vs SMC Global - DP ID 289-2016 19100
Demat Account Annual Maintenance Charges(AMC) Zero ₹300 pa
Advance Deposit Nil AMC will be charged in advance.
Statutory charges Nil Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) ₹12.5 per transaction ₹10+CDSL charges ₹5
Demat ₹250 per certificate + courier charges ₹150 per certificate
Remat ₹250 per certificate + courier charges ₹150 for every hundred securities + depositry charges
Pledge Creation ₹12.5 per transaction ₹20 per instruction+CDSL charges
Pledge Creation Confirmation Nil ₹20
Pledge Closure ₹12.5 per transaction ₹20
Pledge Closure Confirmation Nil ₹20
Pledge Invocation ₹12.5 per transaction ₹20
Failed Instruction Charges Nil ₹50 per instraction
Other Charges Nil DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges .
Expand

Special Offers,Advantages,Disadvantages

Compare Dhan vs SMC Global on Special Offers and Promotion

Compare Dhan with SMC Global on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Dhan vs SMC Global on Special Offers and Promotion
  Dhan SMC Global
Pay In and Pay Out Options Dhan vs SMC Global - Pay In and Pay Out Options UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from ODIN Diet/Net Net Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Dhan vs SMC Global - Payout Time Fast withdrawal with IMPS, NEFT Withdrawal Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Dhan vs SMC Global - Bank Supported and Charges Info Not Available
Bank Detail Info Not Available
Likes
  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

  • Zero Demat account opening fees.
  • No Demat AMC for the first year.
  • Research and advisory
  • Trade on smartphone, browser, and desktop applications.
  • Loan against securities (LAS) and margin trading facility (MTF).
  • Multiple tools like Portfolio Health Check-up, Auto Trender, Algo trader,
  • Dedicated Relationship managers (RMs) and dealers.
  • News and updates on stock earnings, bonuses, corporate news, global news, etc.
  • It allows aftermarket order (AMO) and buy today sell tomorrow (BTST) trades.
  • Strong PAN India presence.

Detail Review...

Dislikes
  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

Detail Review...

  • You cannot place a Good Till Triggered (GTT) order.
  • Does not provide a 3-in-1 account.
  • Extra charges for the tools like Auto Trender.
  • No flat brokerage plan is available.

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T03:51:34+00:00