SMC Global Brokerage Charges and Transaction Charges

 
 
 
 
 

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SMC Global Brokerage Charges and Transaction Charges

SMC Global is one of the most trusted and reliable full-service brokers of India, founded in 1990 by Mr. Subhash C. Aggarwal and Mr. Mahesh C. Gupta who were the members of the Institute of Chartered Accountants of India. SMC Global offers you to invest in NSE, BSE, MCX, NCDEX and MCX-SX. As a depositary participant of CDSL, NSDL and Comtrack, it offers demat and trading account services in its platform. SMC Global offers many types of financial services to invest in such as equity, derivative, mutual funds, currency, commodity and provide the facility of investment banking, mortgage services, wealth management services, distribution of third-party financial products, research & advisory services, insurance, real estate advisory services to corporate, institutional, high net worth individuals and other retail clients. Very soon, SMC Global is going to launch Gold Coins which is a very unique facility for the investment in gold.
SMC Global is a world-wide famous platform and it has already marked its presence in 500+ cities and towns with a wide network of 2400+ registered sub-brokers and authorized business partners spread across the India. SMC Global has its branch offices in Dubai, New York, Orlando and Atlanta. SMC Global offers leverage facility in intraday segment as per the SEBI guidelines. It offers free trading software and tools such as SMC Easy Trade (Browse-based), SMC Ace Web, SMC Easy Trade (Mobile App) and SMC Privilege (ODIN DIET).

SMC Global Account Opening Charges:

Demat and Trading account charges are as follows:

Account

Charges

Trading Account Opening Charges

Rs 0

Trading Account AMC

Rs 0

Demat Account Opening Charges

Rs 499

Demat AMC

Rs 300

 

SMC Global Brokerage:

While trading in the stock market through SMC Global, you need to pay some brokerage which is variable in all the segment.

Segment

Brokerage Fees

Equity Delivery

0.30%

Equity Intraday

0.03%

Equity Futures

0.03%

Equity Options

Rs 70 per lot

Currency Futures

0.03%

Currency Options

Rs 20 per lot

Commodity Futures

0.03%

Commodity Options

0.03%

 

SMC Global Demat Account Charges:

There are various depositary charges except brokerage such as AMC, pledge invocation, delivery instruction booklet etc. SMC Global Demat account charges are as follows:

Transaction

Charges

Annual Maintenance Charges (AMC)

Rs 300 p.a.

Rematerialisation

Rs 25 per certificate

Dematerialisation

Rs 5 per certificate

Pledge Invocation / Closure

Rs 30 per instruction

Pledge Creation

Rs 60 per instruction

On-Market Transaction Charges

Rs 15 per instruction for POA clients

Rs 20 per instruction for Non-POA clients

Off-market Transaction charges

0.03% subject to min Rs 20 & Max Rs 50 per instruction

Delivery Instruction Book Charges

Rs 30 (20 leafs)

Delivery Instruction Booklet

Rs 20 per instruction

 

SMC Global Transaction Charges:

Segment

Transaction Fee

Equity Delivery

0.0035%

Equity Intraday

0.0035%

Equity Futures

0.0029%

Equity Options

0.065% on premium

Currency Futures

0.0029%

Currency Options

0.065% on premium

Commodity

0.0030%

 

SMC Global Trading Taxes:

Except brokerage, you need to pay government taxes and fees. SMC Global Trading Taxes are used to mention in the contract note sent to the customer at the end of the day.

Taxes

Rates

Securities Transaction Tax (STT)

  • Equity Delivery- 0.1% on both buy & sell
  • Equity Intraday- 0.025% on sell side
  • Equity Futures- 0.01% on sell side
  • Equity Options- 0.05% on sell side (premium)
  • Commodity Futures- 0.01% on sell side (Non-Agri)
  • Commodity Options- 0.05% on sell side
  • Currency F&O- No STT
  • On exercise transaction- 0.125%
  • Right to entitlement- 0.05% on sell side

GST

18% on (Brokerage + Transaction + SEBI fee)

SEBI Charges

0.00005% (Rs.5/crore)

Stamp Duty

(On buy side only) Delivery- 0.015%, Intraday- 0.003%, Equity Futures- 0.002%, Equity Options- 0.003% and Currency F&O- 0.0001%

Commodity Futures- 0.002%, Commodity Options- 0.003%

 

Frequently Asked Questions


Yes, SMC Global offers ‘Refer & Earn’ facility through which you can earn extra money while referring SMC Global to any new or experienced trader who does not have any account on SMC Global.
Yes, you need to call on toll free no 1800-11-0909 and company’s representative will assist you to open an account.
SMC Global is a very diversified and popular platform which offers a wide range of financial products such as: • Trading in equity, derivative, currency and commodity. • Wealth management • Depositary services • Mortgage advisory • FPI investment • NBFC financing • Real estate advisory • Forex advisory • NRI investment • Insurance • Real Estate advisory • Forex advisory • Clearing services • NPS services • Research services • Investment banking • IPO, mutual funds & other financial products.
SMC Global offer following products to NRIs: • Equity trading in BSE & NSE (Delivery based) • Trade in F&O segment • Direct Mutual Fund • Bonds
SMC Global has its partnership with HDFC bank, Axis bank, IndusInd bank, Yes bank and Federal bank for NRI account, one can open a NRI savings account with these banks and later on link it with SMC Global demat & trading account.
Yes, SMC Global provides free call and trade facility.
Yes, SMC Global offers semi and fully Algo trading on its platform.
Yes, any NRI across the world can invest in Indian Share market through SMC Global.
Yes, you can place After Market Order (AMO) on SMC Global.
Intra-day square off timings on SMC Global platform is 3.15 pm.
No, SMC Global does not provide Bracket Order (BO) on its platform.
MTM (Mark To Market) is a method to calculate the fair value of fluctuating assets & liabilities. It is calculated on a daily basis which is either debited or credited to/from your margin account.
Yes, SMC Global provides free online trading software to their clients which are as follows: • SMC Easy Trade (Mobile application) • SMC Easy Trade (Browser-based website) • SMC Privilege (ODIN Diet) (Trading Terminal)
SMC Global offers online IPO application facility to their client and you can also apply through your bank account, you can enter SMC Global Demat Account Number to get your allotted shares in your demat account.
No, SMC Global only offers 2-in-1 account on its platform i.e. demat and trading account.
NRI/PIO are allowed to open only one account with any designated bank (Preferred bank – HDFC, Axis, IndusInd, Federal or Yes bank) in a prescribed format for PIS account. After that, your respective bank will issue a PIS approval letter to the investor.

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