Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of SMC Global Max 0.05 to 0.50% per trade while the brokerage of Fyers ranges between Rs 20. SMC Global is a Full Service Broker where Fyers is a Discount Broker. SMC Global is having overall lower rating compare to Fyers. SMC Global is rated only 3 out of 5 where Fyers is rated 4 out of 5. Number of active customer for Fyers is 2,01,641 where number of active customer for SMC Global is 1,57,745. Fyers is serving more customer compare to SMC Global.
Here we present side-by-side comparison of SMC Global vs Fyers 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 Fyers'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 Fyers 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 Fyers's on
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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||BSE, NSE, MCX|
|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.||Rs. 0 delivery trade, Rs. 20 per order brokerage plan, zero brokerage mutual fund investment, and best-in-class and user-friendly advanced technology trading platforms (Fyers Next, Fyers One, Fyers 2.0 App, and Fyers 1.5 Web) make Fyers the best brok...|
Comparison of SMC Global with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Fyers offer Free AMC for Demat account where SMC Global charges Rs 400 PA (Free for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA (Free for 1st year)||Free|
|Provide DP Service|
Plans are the most important feature you look when compare SMC Global with Fyers. 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.
|Plan Types||SMC Global||Fyers|
|Account Opening Request|
SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
|Brokerage Charges Compare||SMC Global||Fyers|
|Plan Name||Standard Trading Plan (Percentage Based)||Max Rs 20 Per Order Trading Plan|
|Equity Delivery||0.50% or 30 paisa||Free|
|Equity Intraday||0.05% or 5 paisa||0.03% or Rs 20 whichever is lower|
|Equity Futures||0.05% or 5 paisa||0.03% or Rs 20 whichever is lower|
|Equity Options||Rs 100 Per Lot||Flat Fee Rs 20|
|Currency Futures||0.05% or 5 paisa||0.03% or Rs 20 whichever is lower|
|Currency Options||Rs 25 Per Lot||Flat Fee Rs 20|
|Commodity Trading||0.05% or 5 paisa||Flat Fee Rs 20|
|Minimum Brokerage||Rs 25 per trade or 2.5% of the trade value whichever is lower||NIL|
|Hidden Charges||Info Not Available||No|
|Funding||Yes - 18% interest PA||No|
|Call & Trade Charges||Free||Rs 50 Per Order|
|Auto Square off Charges||Free||Rs 50 Per Order|
|Brokerage Calculator||Brokerage Calculator for SMC Global||Brokerage Calculator for Fyers|
Compare SMC Global with Fyers on transaction charges and PCM fee by segment.
|Transaction Charges Compare||SMC Global||Fyers|
|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||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 fyers|
Compare SMC Global with Fyers 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 - SMC Global offers a margin funding where Fyers doesn't offers margin funding. NRI Trading - SMC Global offers NRI where Fyers doesn't offers NRI Trading.
|Account Features Compare||SMC Global||Fyers|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15 PM|
|Other Features||NIL||Fyers 30 Day Challenge|
With our expert research team, we have compared all the major features of Trading platform b/w SMC Global and Fyers. 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||Fyers|
|Desktop Trading Platform||ODIN Diet||Fyers One|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.smcindiaonline.com/easytrade/||Fyers Web|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||SMCEasyTrade||Fyers 2.0 Mobile App|
|Mobile Trading App Demo||Info Not Available||Fyers 2.0 Mobile App Demo|
|Android Mobile App|
|Android App Download||Andriod SMCEasyTrade Download||Andriod Fyers 2.0 Mobile App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS SMCEasyTrade Download||iOS Fyers 2.0 Mobile App Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for SMC Global||Equity Intraday and Delivery Brokerage Calculator for Fyers|
|Futures Brokerage Calculator||Futures Brokerage Calculator for SMC Global||Futures Brokerage Calculator for Fyers|
|Options Brokerage Calculator||Options Brokerage Calculator for SMC Global||Options Brokerage Calculator for Fyers|
|Detail||Detail on Trading Platforms for smc-global-broker||Detail on Trading Platforms for fyers|
|7 Customer Reviews||10 Customer Reviews|
|Trading Brokerage Rating||2.1||3.6|
|Trading Platform Usability||3.0||3.6|
|Customer Service Ratings||2.4||3.4|
|Broker Rating||SMC Global is Rated 2.7 / 5 based on 7 customer reviews||Fyers is Rated 3.2 / 5 based on 10 customer reviews|
Compare SMC Global with Fyers 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 Fyers doesn't offer
|Investment Offerings Compare||SMC Global||Fyers|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Insurance||NIL|
Order Type - Compare SMC Global with Fyers 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) - Fyers 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) - Fyers provides 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 Type Compare||SMC Global||Fyers|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare SMC Global with Fyers 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 Service Compare||SMC Global||Fyers|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||91-11-66075200||08060001111|
|Account Opening Process||Online/Paperless||100% online and paperless proc|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi - 110005
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Compare SMC Global with Fyers on research reports and tips provided by the broker.
Compare SMC Global with Fyers 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 Fyers is Free where for SMC Global is ₹300 pa. Fyers is a better choice in terms of Demat AMC compare to SMC Global.
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 Fyers is ₹10 + ₹5.50 (CDSL Charges) per transaction.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 Account Annual Maintenance Charges(AMC)||₹300 pa||Free|
|Advance Deposit||AMC will be charged in advance.||Nil|
|Statutory charges||Stamp Paper Charges||Nil|
|Transaction Charges on Debit (Per ISIN)||₹10+CDSL charges ₹5||₹10 + ₹5.50 (CDSL Charges) per transaction|
|Demat||₹150 per certificate||₹100 per certificate|
|Remat||₹150 for every hundred securities + depositry charges||₹100 per certificate + CDSL Charges|
|Pledge Creation||₹20 per instruction+CDSL charges||₹50 + ₹12 CSDL charges|
|Pledge Creation Confirmation||₹20||Nil|
|Pledge Closure||₹20||₹50 + ₹12 CSDL charges|
|Pledge Closure Confirmation||₹20||Nil|
|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|
Compare SMC Global with Fyers on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|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 via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Upto 24 Hrs except Bank Holidays.||Up to 24 Hrs except for Bank Holidays.|
|Bank Supported and Charges||Info Not Available||24+ banks connected via payment gateway, Free pay in and Free Pay Out.|
|Bank Detail||Info Not Available||Fyers Securities,
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
|Enquiry||Open Zerodha Account Now>>||Open Fyers Account Now>>|
Last Updated on 2023-08-25T06:01:26+00:00