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SMC Global Vs HDFC Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of SMC Global ranges between 0.05 to 0.50% while the brokerage of HDFC Securities ranges between .05 to .5%. Both the brokers are Full Service brokers. SMC Global is having overall lower rating compare to HDFC Securities. SMC Global is rated only 3 out of 5 where HDFC Securities is rated 4 out of 5. Number of active customer for SMC Global is 10,16,493 where number of active customer for HDFC Securities is 1,53,606. SMC Global is serving more customer compare to HDFC Securities.

Here we present side-by-side comparison of SMC Global vs HDFC Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SMC Global vs HDFC Securities'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 SMC Global vs HDFC Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SMC Global vs HDFC Securities'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 SMC Global vs HDFC Securities on Service

  SMC Global Compare
SMC Global
HDFC Securities Compare
HDFC Securities
Overall Rating Rated 3 stars Rated 4 stars
Brokerage Charges Rated 3 stars Rated 3 stars
Trading Platform Rated 3 stars Rated 4.5 stars
Investments Offering Rated 3 stars Rated 4.5 stars
Customer Service Rated 3 stars Rated 3.5 stars
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 10,16,493 1,53,606
Broker Overview 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. With over 2 decades of experience, exceptionally great 24/7 customer services, and world-class research & advisory, HDFC Securities has topped the list of the best full-service brokers in India serving above 10 lakh customers. It is a one-stop sh...Know more about HDFC Securities
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare SMC Global vs HDFC Securities on Trading & Demat Account Opening Charges

Comparison of SMC Global with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - SMC Global offer Free account opening where HDFC Securities charges Rs 999 for account opening. Demat AMC charges - SMC Global charges Rs 400 PA (Free for 1st year) AMC for Demat account where HDFC Securities charges Rs 750 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SMC Global with HDFC Securities
Charges SMC Global HDFC Securities
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Free for 1st year) Rs 750 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SMC Global vs HDFC Securities on Plan Options

Plans are the most important feature you look when compare SMC Global with HDFC Securities. 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 SMC Global with HDFC Securities on Plan Options
Plan Types SMC Global HDFC Securities
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening

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Brokerage Charges

Compare SMC Global vs HDFC Securities on Brokerage Charges

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

HDFC Securities Brokerage Plan detail - HDFC Securities have a fixed percentage base brokerage plan, where Minimum brokerage is fixed at Rs 25 Per Order. They are second best in Currency derivatives plan. Equity Intraday & Option prices are on a higher range and Equity Delivery & Future trading is on average brokerage level compared to other full-service brokers.

Brokerage Charges - Compare SMC Global with HDFC Securities
Brokerage Charges Compare SMC Global HDFC Securities
Plan Name Standard Trading Plan (Percentage Based) Percentage based brokerage plan
Equity Delivery 0.50% or 30 paisa 0.50%
Equity Intraday 0.05% or 5 paisa 0.05%
Equity Futures 0.05% or 5 paisa 0.05%
Equity Options Rs 100 Per Lot Higher of 0.1% of Premium or Rs 100 per lot
Currency Futures 0.05% or 5 paisa Rs 23 per lot
Currency Options Rs 25 Per Lot Rs 20 per lot
Commodity Trading 0.05% or 5 paisa Rs. 20 per order, Options: Rs. 100 per lot
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower Rs 25
Hidden Charges Info Not Available Yes
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Free Free
Auto Square off Charges Free Free
Brokerage Calculator Brokerage Calculator for SMC Global Brokerage Calculator for HDFC Securities
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Share Broker's Transaction Charges

Compare SMC Global vs HDFC Securities on Transaction Charges

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

Transaction Charges - Compare SMC Global with HDFC Securities
Transaction Charges Compare SMC Global HDFC Securities
Equity Delivery Rs 335 Per Cr Rs 335 Per Cr
Equity Intraday Rs 335 Per Cr Rs 335 Per Cr
Equity Futures Rs 200 Per Cr Rs 200 Per Cr
Equity Options Rs 5050 Per Cr Rs 5050 Per Cr
Currency Futures Rs 90 Per Cr Rs 90 Per Cr
Currency Options Rs 3500 Per Cr Rs 3500 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for smc-global-broker Complete Brokerage Plans for hdfc-securities
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Account Features

Compare SMC Global vs HDFC Securities on Account Features

Compare SMC Global with HDFC Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Securities offers 3-in-1 account where SMC Global offers only 2-in-1 account which includes trading and demat account. Algo Trading - SMC Global offers Algo Trading where HDFC Securities doesn't offers Algo Trading. Margin Funding - SMC Global offers a margin funding where HDFC Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

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

Compare SMC Global vs HDFC Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SMC Global and HDFC Securities. 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 SMC Global with HDFC Securities
Trading Platform Compare SMC Global HDFC Securities
Desktop Trading Platform ODIN Diet ProTerminal
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.smcindiaonline.com/easytrade/ https://trade.hdfcsec.com/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SMCEasyTrade HDFC securities Mobile
Mobile Trading App Demo Info Not Available HDFC securities Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod SMCEasyTrade Download Andriod HDFC securities Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS SMCEasyTrade Download iOS HDFC securities Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Proterminal - Rs. 2500 (Offer price: Rs. 1500)
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SMC Global Equity Intraday and Delivery Brokerage Calculator for HDFC Securities
Futures Brokerage Calculator Futures Brokerage Calculator for SMC Global Futures Brokerage Calculator for HDFC Securities
Options Brokerage Calculator Options Brokerage Calculator for SMC Global Options Brokerage Calculator for HDFC Securities
Detail Detail on Trading Platforms for smc-global-broker Detail on Trading Platforms for hdfc-securities

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Broker Ratings by Users

Compare SMC Global vs HDFC Securities on User Rating

  SMC Global HDFC Securities
  6 Customer Reviews    Rate SMC Global 97 Customer Reviews    Rate HDFC Securities
Fees Ratings 3.0 2.4
Trading Brokerage Rating 2.3 2.1
Trading Platform Usability 3.0 2.9
Customer Service Ratings 2.5 2.8
Overall Ratings Rated 2.8 stars Rated 2.4 stars
Broker Rating SMC Global is Rated 2.8 / 5 based on 6 customer reviews HDFC Securities is Rated 2.4 / 5 based on 97 customer reviews
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Investment Offerings

Compare SMC Global vs HDFC Securities on Investment Offerings

Compare SMC Global with HDFC Securities 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 - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - SMC Global provide PMS Service where HDFC Securities doesn't offer

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

Compare SMC Global vs HDFC Securities on Order Types

Order Type - Compare SMC Global with HDFC Securities 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) - HDFC Securities provides 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) - Both broker don't have Bracket Orders (BO).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)- SMC Global offers After Market Orders where HDFC Securities doesn't offers AMO. 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 SMC Global with HDFC Securities
Order Type Compare SMC Global HDFC Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare SMC Global vs HDFC Securities on Customer Service

Compare SMC Global with HDFC Securities 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 SMC Global with HDFC Securities
Customer Service Compare SMC Global HDFC Securities
24/7 Customer Service SMC Global vs HDFC Securities - 24x7 customer support No No
Email Support SMC Global vs HDFC Securities - Email Support Yes Yes
Onine Live Chat SMC Global vs HDFC Securities - Onine Live Chat No Yes
Phone Support SMC Global vs HDFC Securities - Phone Support Yes Yes
Toll Free Number SMC Global vs HDFC Securities - Toll Free Number Yes No
Through Branches SMC Global vs HDFC Securities - Through Branches Yes Yes
Customer Care Number SMC Global vs HDFC Securities - Customer Care Number 91-11-66075200 022-39019400
Account Opening Process SMC Global vs HDFC Securities - Account Opening Process Online/Paperless Offline
Customer Support Email SMC Global vs HDFC Securities - Customer Support Email [email protected] [email protected], customer
Knowledge Center/Education SMC Global vs HDFC Securities - Knowledge Center/Education https://www.smctradeonline.com/research/new-letters https://www.hdfcsec.com/products/demolisting/
Head Office Address SMC Global vs HDFC Securities - Head Office Address/Corporate Address SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi - 110005
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Website SMC Global vs HDFC Securities - Company Website https://www.smctradeonline.com https://www.hdfcsec.com/
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Tips/Research/Reports Published

Compare SMC Global vs HDFC Securities on Research Reports, Tips

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

Research Reports - Compare SMC Global with HDFC Securities
  SMC Global HDFC Securities
Research Mutual Funds SMC Global vs HDFC Securities - Research Mutual Funds Yes Yes
Research Equity Reports SMC Global vs HDFC Securities - Research Equity Reports Yes Yes
Research ETF SMC Global vs HDFC Securities - Research ETF Yes Yes
Daily Market Report SMC Global vs HDFC Securities - Daily Market Report Yes Yes
Free Tips SMC Global vs HDFC Securities - Free Tips Yes Yes
Quarterly Result Analysis SMC Global vs HDFC Securities - Quarterly Results Yes Yes
News Alerts SMC Global vs HDFC Securities - Yes Yes
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Demat Account

Compare SMC Global vs HDFC Securities on Demat Account

Compare SMC Global with HDFC Securities 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 HDFC Securities is ₹750 pa where for SMC Global is ₹300 pa.

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 SMC Global is ₹10+CDSL charges ₹5 where for HDFC Securities is 0.04% (Min ₹20) + CDSL charges.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 SMC Global with HDFC Securities
  SMC Global HDFC Securities
DP Source CDSL CDSL
DP ID SMC Global vs HDFC Securities - DP ID 19100 12400
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹750 pa
Advance Deposit AMC will be charged in advance. Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-
Statutory charges Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) ₹10+CDSL charges ₹5 0.04% (Min ₹20) + CDSL charges
Demat ₹150 per certificate ₹5 per certificate + ₹35 request charges
Remat ₹150 for every hundred securities + depositry charges ₹30
Pledge Creation ₹20 per instruction+CDSL charges Nil
Pledge Creation Confirmation ₹20 0.04% of transaction value (Min ₹40)
Pledge Closure ₹20 Nil
Pledge Closure Confirmation ₹20 0.04% of transaction value (Min ₹40)
Pledge Invocation ₹20 0.04% of transaction value (Min ₹40)
Failed Instruction Charges ₹50 per instraction Nil
Other Charges DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges . Nil
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Special Offers,Advantages,Disadvantages

Compare SMC Global vs HDFC Securities on Special Offers and Promotion

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

Compare SMC Global vs HDFC Securities on Special Offers and Promotion
  SMC Global HDFC Securities
Pay In and Pay Out Options SMC Global vs HDFC Securities - Pay In and Pay Out Options 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
Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time SMC Global vs HDFC Securities - Payout Time Upto 24 Hrs except Bank Holidays. Instant to HDFC Bank.
Bank Supported and Charges SMC Global vs HDFC Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Direct from your HDFC bank account.
Likes
  • 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...

  • Invest across all types of asset classes on BSE, NSE, and MCX.
  • Free web and mobile app-based trading platforms.
  • Ultra-speed and feature-rich ProTerminal platform.
  • Brokerage-free mutual fund investment.
  • Voice-enabled investing with Arya Intelligent Chatbot.
  • Advanced portfolio tracking.
  • Quick payout upto Rs. 5 Lac with Encash facility.
  • Free call & trade
  • Apply for IPOs online in just 3 clicks.
  • Start StockSIP.
  • Invest in shares of US-based companies.
  • Smallcase, a thematic investing platform.
  • Get access to HDFC research for
  • Place advance orders like bracket order, cover order, and Good Till Date (GTD) order.
  • Margin trading facility.

Detail Review...

Dislikes
  • 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...

  • Minimum brokerage fee of Rs. 25 per trade, subject to a maximum 2.5% ceiling on trade value.
  • High brokerage charges.
  • High Demat maintenance charges.
  • ProTerminal is a paid platform that charges a subscription fee every year.

Detail Review...

Special Offers/Promo
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Last Updated on 2023-08-25T06:01:26+00:00