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Axis Direct vs SMC Global – Compare Brokerage Charges, Demat Account & more

Last Updated Date - Oct 14, 2022

Here is a detailed comparison of Axis Direct vs SMC Global. Axis Direct is the only banking broker known to offer great deals to its clients like happy hour trading, free demat account & more while SMC Global is a non-banking broker which is a full service broker. This comparison between Axis Direct & SMC Global is a neck to neck affair.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

           Axis Direct vs SMC Global

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers


This Axis Direct & SMC Global comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare SMC GlobalAxis Direct

Overview of Axis Direct & SMC Global

Overview Axis Direct SMC Global
Company Type Private Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India New Delhi, Delhi
Founder Arun Thukral Subhash Aggarwal, Mahesh Gupta & D. K. Aggarwal
Established Year 2011 1990

Axis Direct vs SMC Global Customer Ratings Comparison

Customer Ratings Axis Direct SMC Global
Experience 6.2/10 6.0/10
Products & Services 6.5/10 7.1/10
Brokerage Charges & Fees 6.2/10 6.5/10
Stock Research & Advisory 6.3/10 6.3/10
Trading Platforms 6.3/10 6.2/10
Overall Ratings 6.3/10 6.4/10
Star Ratings ★★★★☆ ★★★☆☆
Total Client Reviews 879 345

Axis Direct vs SMC Global Demat Account Comparison

Demat Services Axis Direct SMC Global
Depository Source CDSL & NSDL CDSL & NSDL
Account Opening Charges Rs 900 Rs 499
Demat AMC Charges Rs.650 per annum Rs 200
Trading AMC Charges Free Free
Margin Money 75% Margin 75% Margin
Offline to Online S R

SMC Global vs Axis Direct Brokerage Charges Comparison

Brokerage Charge & Fees Axis Direct SMC Global
Equity Delivery Trading 0.50% 0.30%
Equity Intraday Trading 0.05% 0.03%
Commodity Options Trading 0.03% / Rs 50 per lot 0.03%
Equity Futures Trading 0.05% 0.03%
Equity Options Trading Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs.70 per lot
Currency Futures Trading 0.05% 0.03%
Currency Options Trading Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs.20 per lot
Minimum Brokerage Percentage of Transaction Percentage of Transaction
Demat AMC Charges Rs.650 per Annum Rs 200
Trading AMC Charges Free Free
Margin Money 75% Margin 75% Margin
Brokerage Calculator Axis Direct Brokerage Calculator SMC Global Brokerage Calculator

SMC Global & Axis Direct Other Charges Comparison

Other Charges Axis Direct SMC Global
Transaction Charges 0.00325% of Total Turnover 0.00315% of Total Turnover
STT Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on 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
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on 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
SEBI Turnover Charges 0.00005% (Rs. 5/Crore) 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% (MCX) (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% (MCX)
GST 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare SMC Global & Axis Direct Offers

Offers Axis Direct SMC Global
Free Demat Account S S
Free Trading Account S R
Discount on Brokerage S R
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free S S
Holiday Offers S R
Referral Offers S R
Zero Brokerage for Loss Making Trades S S

Compare Services of Axis Direct vs SMC Global

Services Axis Direct SMC Global
Demat Services R R
Trading Services R R
3 in 1 Account R S
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory S S
PMS R S
Trading Institution S R
Trading Exposure Upto 5x Upto 5x

Compare SMC Global & Axis Direct Research & Advisory

Research & Advisory Axis Direct SMC Global
Fundamental Reports R R
Research Reports R R
Company Reports R S
Annual Reports R R
Company Stock Review R S
Free Stock Tips S R
IPO Reports R R
Top Picks R R
Daily Market Review S R
Monthly Reports R R
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

Axis Direct vs SMC Global Exposure/Leverage

Exposure / Leverage Axis Direct SMC Global
Equity Delivery 1x 1x
Equity Intraday 5x Upto 5x
Equity Futures 1x 1x
Equity Options 1x 1x
Currency Futures 1x 1x
Currency Options 1x 1x
Commodities 1x 1x
Margin Calculator Axis Direct Margin Calculator SMC Global Margin Calculator

Axis Direct vs SMC Global Product Comparison

Products Axis Direct SMC Global
Equity Trading R R
Commodity Trading S R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex R S
Banking R S
SIP R R
Insurance R S

Axis Direct vs SMC Global Trading Platform Comparison

Trading Platforms Axis Direct SMC Global
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform R S
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R S
Easy Installation R R
Global Indices R R
Stock Tips R R
Personalized Advisory R S
Interactive Charts R R
Live Markets R R
SMS Alerts R S
Email Alerts R R
Multi Account Management R S

Axis Direct vs SMC Global Customer Support

Customer Support Axis Direct SMC Global
Dedicated Dealer R R
Offline Trading R R
Online Trading R R
24*7 Support R S
Email Support R R
Chat Support S S
Toll Free Number 1800 210 0808 S
Branches 186 250

Axis Direct vs SMC Global Customer Complaints

Complaints (Current Year) Axis Direct SMC Global
Lodged in BSE 129 225
Resolved in BSE 115 217
Lodged in NSE 189 248
Resolved in NSE 165 237

Compare Axis Direct with other Brokers & SMC Global with other Brokers


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