Quick Comparision (SMC Global VS Groww)

SMC Global
SMC Global Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

	SMC Global	Groww
Single Margin Facility
Year of Incorporation	1990	2016
Exchanges	BSE, NSE, MCX and NCDEX	NSE and BSE.
Branches	50+	Zero
Brokerage	0.03%	₹20/ Order
Broker Type	Full Service Broker	Discount Broker
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Trading Account Opening Charge	₹0 (Free)	₹0 (Free)
Demat Account Opening Charge	₹0 (Free)	₹0 (Free)
Demat Account AMC	₹0 (Free)	₹0 (Free)
Trading Account AMC	₹0 (Free)	₹0 (Free)
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Commodity Futures	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	N/A
Currency Futures	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	N/A
Equity Delivery	Elite-0.15%(Brokerage cash back-50k) \|Premia-0.20%(Brokerage cash back-25k) Preferred-0.30%(Brokerage cash back-10k) \|Lite-Basic-0.35%(Brokerage cash back-2.5k)\|Basic-0.40%(Brokerage cash back-1k)	₹20/ Order or 0.05% (whichever is lower)
Equity Options	Elite-₹30/Lot (Brokerage cash back-50k) \|Premia-₹40/Lot(Brokerage cash back-25k) Preferred- ₹50/Lot(Brokerage cash back-10k) \|Lite-Basic-₹60/Lot(Brokerage cash back-2.5k)\|Basic-₹75/Lot(Brokerage cash back-1k)	₹20/ Order or 0.05% (whichever is lower)
Commodity Options	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	N/A
Equity Futures	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	₹20/ Order or 0.05% (whichever is lower)
Currency Options	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	N/A
Fixed Charges	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	₹20/ Order
Equity Intraday	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	₹20/ Order or 0.05% (whichever is lower)
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Currency Options	0.065% (on premium)	N/A
Equity Futures	0.0029%	NSE:- 0.002%
Equity Intraday	0.0035%	NSE:- 0.00345% \| BSE:- 0.00345%
Equity Options	0.065% (on premium)	NSE:- 0.053% on premium
Commodity	0.0030%	N/A
Currency Futures	0.0029%	N/A
Equity Delivery	0.0035%	NSE:- 0.00345% \| BSE:-0.00345%
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Equity Options	1x (100% of NRML margin (Span + Exposure)	1x
Equity Intraday	5x (Up to 20% of trade value)	5x
Currency Options	1x (100% of NRML margin (Span + Exposure)	N/A
Commodity Options	1x (100% of NRML margin (Span + Exposure)	N/A
Commodity Futures	1x (100% of NRML margin (Span + Exposure)	N/A
Equity Delivery	1x (100% of trade value)	1x (no margin)
Currency Futures	1x (100% of NRML margin (Span + Exposure)	N/A
Equity Futures	1x (100% of NRML margin (Span + Exposure)	1x
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww


Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time	Equity & F&O:- 3:20pm \| Currency: 4:30PM \| Commodities: 11:20 PM	Equity & F&O:- 3:20pm \| Currency:- 4:30 PM \| Commodity:- 11:25 PM
Trading Platform	1.SMC ACE- Mobile App 2.SMC Privilege 3.Browser based- Select, Exclusive.	Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Casual Investor
Active Investor
Trader
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Pros	1.Research support by a pool of skilled research analysts 2. Call and trade facility is also available 3.Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders 4.Competitive brokerage rates. 5.SMS service providing intraday research support to the clients	1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option.
Cons	1.They don't offer 3 in 1 account 2.There charge extra for their featured products 3.Advanced charting is not available in the app	1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth.
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Commodity Futures	0.01% on sell side (Non-Agri)	N/A
Currency Futures	No STT	No STT
Equity Intraday	0.025% on the sell side	0.025% only on sell
Equity Options	0.05% on sell side (on Premium)	0.05% only on sell
Currency Options	No STT	No STT
Equity Delivery	0.1% on buy & sell	0.1% on both buy & sell
Equity Futures	0.01% on sell side	0.01% only on sell
Commodity Options	0.05% on sell side	N/A
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Equity Demat Transaction Charges	₹15 + GST per scrip only on sell	₹13.5 Gst per scrip per day only on sell
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Equity/Currencies/Commodities ( Delivery & FNO)	18% on (Brokerage + Transaction Charge)	18% ( Brokerage + Transaction charges)
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Equity/Currencies/Commodities ( Delivery & FNO)	₹10/Crore	₹10/ Crore
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
	Call Back Open Account	Call Back Open Account

Trading Account Opening Charge

₹0 (Free)

Demat Account Opening Charge

₹0 (Free)

Demat Account AMC

₹0 (Free)

Trading Account AMC

₹0 (Free)

Call Back Open Account

	SMC Global	Groww
	SMC Global Review \| Brokerage Charges, Account Opening SMC Global Securities Limited is the joint venture of Mr. Subhash C. Aggarwal and Mahesh C. Gupta who were the members of the institute of Chartered Accountants of India. SMC global about to be new one shop investment platform established in 1990 as a financial service provider. SM .. + " Vs "+ Groww Read more..	Groww Review \| Brokerage Charges, Account Opening Groww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. Read more..

	Review Brokerage Exposure Account Opening Demat Account NRI Account IPO Mutual Funds Mobile App Trading Software Branches Complaints	Review Brokerage Exposure Account Opening Demat Account NRI Account IPO Mutual Funds Mobile App Trading Software Branches Complaints

	SMC Global	Groww
Commodity Futures	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	N/A
Currency Futures	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	N/A
Equity Delivery	Elite-0.15%(Brokerage cash back-50k) \|Premia-0.20%(Brokerage cash back-25k) Preferred-0.30%(Brokerage cash back-10k) \|Lite-Basic-0.35%(Brokerage cash back-2.5k)\|Basic-0.40%(Brokerage cash back-1k)	₹20/ Order or 0.05% (whichever is lower)
Equity Options	Elite-₹30/Lot (Brokerage cash back-50k) \|Premia-₹40/Lot(Brokerage cash back-25k) Preferred- ₹50/Lot(Brokerage cash back-10k) \|Lite-Basic-₹60/Lot(Brokerage cash back-2.5k)\|Basic-₹75/Lot(Brokerage cash back-1k)	₹20/ Order or 0.05% (whichever is lower)
Commodity Options	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	N/A
Equity Futures	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	₹20/ Order or 0.05% (whichever is lower)
Currency Options	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	N/A
Fixed Charges	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	₹20/ Order
Equity Intraday	Elite-0.015%(Brokerage cash back-50k) \|Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) \|Lite-Basic-0.035%(Brokerage cash back-2.5k)\|Basic-0.04%(Brokerage cash back-1k)	₹20/ Order or 0.05% (whichever is lower)
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Equity Options	1x (100% of NRML margin (Span + Exposure)	1x
Equity Intraday	5x (Up to 20% of trade value)	5x
Currency Options	1x (100% of NRML margin (Span + Exposure)	N/A
Commodity Options	1x (100% of NRML margin (Span + Exposure)	N/A
Commodity Futures	1x (100% of NRML margin (Span + Exposure)	N/A
Equity Delivery	1x (100% of trade value)	1x (no margin)
Currency Futures	1x (100% of NRML margin (Span + Exposure)	N/A
Equity Futures	1x (100% of NRML margin (Span + Exposure)	1x
	Call Back Open Account	Call Back Open Account

	SMC Global	Groww
Commodity Futures	0.01% on sell side (Non-Agri)	N/A
Currency Futures	No STT	No STT
Equity Intraday	0.025% on the sell side	0.025% only on sell
Equity Options	0.05% on sell side (on Premium)	0.05% only on sell
Currency Options	No STT	No STT
Equity Delivery	0.1% on buy & sell	0.1% on both buy & sell
Equity Futures	0.01% on sell side	0.01% only on sell
Commodity Options	0.05% on sell side	N/A
	Call Back Open Account

	SMC Global	Groww
Equity Demat Transaction Charges	₹15 + GST per scrip only on sell	₹13.5 Gst per scrip per day only on sell
	Call Back Open Account

	SMC Global	Groww
Equity/Currencies/Commodities ( Delivery & FNO)	18% on (Brokerage + Transaction Charge)	18% ( Brokerage + Transaction charges)
	Call Back Open Account

	SMC Global	Groww
Equity/Currencies/Commodities ( Delivery & FNO)	₹10/Crore	₹10/ Crore
	Call Back Open Account

	SMC Global	Groww


Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time	Equity & F&O:- 3:20pm \| Currency: 4:30PM \| Commodities: 11:20 PM	Equity & F&O:- 3:20pm \| Currency:- 4:30 PM \| Commodity:- 11:25 PM
Trading Platform	1.SMC ACE- Mobile App 2.SMC Privilege 3.Browser based- Select, Exclusive.	Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
	Call Back Open Account	Call Back Open Account

Zerodha

India's Largest Broker

Equity Delivery Free

Advanced Trading Platforms

Account Opening ₹200/-

Call Back Open Account

Alice Blue

Low Brokerage

FNO @ ₹15/Order

Free Trading Software

Free API Access

Call Back Open Account

Upstox

Free Account Opening

Flat ₹20 Brokerage

Free Technical Software

Backed by Ratan Tata Ji

Call Back Open Account

Angel One

Free Account Opening

Flat ₹20 Brokerage

Free Equity Delivery

Ultra-fast Digital Platform

Call Back Open Account

5Paisa

Various Brokerage Plans

Flat ₹20 Brokerage

Free Technical Software

Free Research Services

Call Back Open Account

Fyers

Free Equity Delivery

Intraday at ₹20/Order

Advanced Charting

Life Time Free AMC

Call Back Open Account

Stoxkart

No Profit No Brokerage

Free Equity Delivery

Brokerage of Flat ₹15/Trade

We earn only when you do

Call Back Open Account

ProfitMart

Free Account Opening

₹20/ Order

Free API Access

FREE Advanced Terminal

Call Back Open Account

Zebu Trade

Free Technical Software

Free API Access

Low Brokerage

Faster Payouts

Call Back Open Account

Flattrade

Free Account Opening

Decent Customer Services

Free Technical Software

Zero Brokerage in All Segments

Call Back Open Account

IIFL Securities

Free Research Reports

₹20/Order

₹0 AMC for 1st Year.

Free Research Services

Call Back Open Account

Kotak Securities

Various Types of Account

Free Account Opening

Flat ₹20/Order Brokerage

Zero Brokerage on Intraday

Call Back Open Account

ICICI Direct

Free Trading Account

Zero brokerage charges

Low Brokerage

Access to Award-winning research

Call Back Open Account

Sharekhan

International Presence

Free Account Opening

Open Account in Just 15 mins

Various Brokerage Slabs

Call Back Open Account

Paytm Money

Zero Account Opening

No Hidden Charges

Research Facility

Lowest Trading Charges

Call Back Open Account

Goodwill Commodities

₹11/ Order

Free Account Opening

Best Charting Software

Call Back Open Account

Groww

Growing Discount Broker

No Hidden Charges

No Transaction Charges in MF

₹20/ Order

Call Back Open Account

Samco

Growing Discount Broker

Free Account Opening

Instant Online Account

₹20/ Order

Call Back Open Account

Bajaj Finserve

Free Account Opening

Innovated Fixed Deposit

AMC Waived for 1 year

Free Advisory Services

Call Back Open Account

Shoonya

₹0 Brokerage on Trading

Free Account Opening

Commission Free Broker

Free Call & Trade

Call Back Open Account

SMC Global

International Presence

Competitive brokerage rates

Free Account Opening

Free Research Services

Call Back Open Account

FundsIndia

Free Investment Guidance

MF | Equities | F&O | NPS & more

Best in-Class Research

Free Account Opening

Call Back Open Account

mStock

Best Discount Broker

Margin Trading Facility

Advance Trading Platform

Provides Technical Analysis

Call Back Open Account

Rupeezy

Indian Stock Broker

Advance Trading Platform

Free Demat Account Opening

Call Back Open Account

VT Markets

Low-Cost Trading

MT4, MT5 & advanced analytics

Trusted & Secure Regulated and globally recognized

Free API Access

Call Back Open Account

Exness

Zero Deposit & Withdrawal Fees

Ultra-Low Spreads from 0.0 Pips

Unlimited Leverage for Pro Traders

Free Demo Account for Strategy Testing

Call Back Open Account

GarvThakur.com

Quick Comparision (SMC Global VS Groww)

SMC Global Vs Groww

SMC Global Vs Groww - Broker Details

SMC Global Vs Groww - Account Opening & AMC Charges

SMC Global Vs Groww - Brokerage charges & Plans

SMC Global Vs Groww - Transaction Charges

SMC Global Vs Groww - Margin (Exposure)

SMC Global Vs Groww - Features

SMC Global Vs Groww - Review & Rating

SMC Global Vs Groww - Request a call back from Broker

SMC Global Vs Groww - Investment Options

SMC Global Vs Groww - Order Type

SMC Global Vs Groww - Research & Report

SMC Global Vs Groww - Suitable For Investor

SMC Global Vs Groww - Pros & Cons

SMC Global Vs Groww - Background

SMC Global Vs Groww - Compare All Brokers

SMC Global Vs Groww - STT/CTT

SMC Global Vs Groww - Demat transaction charges

SMC Global Vs Groww - GST

SMC Global Vs Groww - SEBI Charges

SMC Global Vs Groww - extractvalue(1,concat(char(126),md5(1525732647)))

SMC Global Vs Groww - convert(int,sys.fn_sqlvarbasetostr(HashBytes('MD5','1883809043')))

SMC Global Vs Groww - Account Opening & AMC Charges

SMC Global Vs Groww

SMC Global Review | Brokerage Charges, Account Opening

Groww Review | Brokerage Charges, Account Opening

SMC Global Vs Groww - Brokerage charges & Plans

SMC Global Vs Groww - Margin (Exposure)

SMC Global Vs Groww - STT/CTT

SMC Global Vs Groww - Demat transaction charges

SMC Global Vs Groww - GST

SMC Global Vs Groww - SEBI Charges

SMC Global Vs Groww - Features

SMC Global

Groww