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

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 Global & Axis Direct

Overview of Axis Direct & SMC Global

OverviewAxis DirectSMC Global
Company TypePrivatePrivate
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaDelhi
FounderArun ThukralSubhash Aggarwal, Mahesh Gupta & D. K. Aggarwal
Established Year20112006

Axis Direct vs SMC Global Customer Ratings Comparison

Customer RatingsAxis DirectSMC Global
Products & Services6.5/106.0/10
Brokerage Charges & Fees6.2/106.3/10
Stock Research & Advisory6.3/106.1/10
Trading Platforms6.3/106.0/10
Overall Ratings6.3/106.1/10
Star Ratings★★★☆☆★★★☆☆
Total Client Reviews879157

Axis Direct vs SMC Global Demat Account Comparison

Demat ServicesAxis DirectSMC Global
Depository SourceCDSL & NSDLCDSL & NSDL
Account Opening ChargesRs.999Free
Demat AMC ChargesRs.650 per annumRs.350 per Annum
Trading AMC ChargesFreeFree
Margin MoneyRs.25,000Rs.10,000
Offline to OnlineSR

SMC Global vs Axis Direct Brokerage Charges Comparison

Brokerage Charge & FeesAxis DirectSMC Global
Equity Delivery Trading0.20% – 0.60%0.05% – 0.35%
Equity Intraday Trading0.03% – 0.05%0.01% – 0.04%
Commodity Options TradingNA0.01% – 0.04%
Equity Futures Trading0.03% – 0.05%0.01% – 0.04%
Equity Options TradingRs.10 per lotRs.10 – Rs.60 per lot
Currency Futures Trading0.03% – 0.05%0.01% – 0.04%
Currency Options TradingRs.10 per lotRs.10 – Rs.60 per lot
Minimum BrokeragePercentage of TransactionRs.20 per executed order
Demat AMC ChargesRs.650 per AnnumRs.350
Trading AMC ChargesFreeFree
Margin MoneyRs.25,000Rs.10,000
Brokerage CalculatorAxis Direct Brokerage CalculatorSmc Global Brokerage Calculator

SMC Global & Axis Direct Other Charges Comparison

Other ChargesAxis DirectSMC Global
Transaction Charges0.00325% of Total Turnover0.00312% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare SMC Global & Axis Direct Offers

OffersAxis DirectSMC Global
Free Demat AccountSR
Free Trading AccountSR
Discount on BrokerageSR
Trading Happy HoursSS
Flexible Brokerage PlansRR
1 Month Brokerage FreeSS
Holiday OffersSR
Referral OffersSS
Zero Brokerage for Loss Making TradesSS

Compare Services of Axis Direct vs SMC Global

ServicesAxis DirectSMC Global
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountRR
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRR
Robo AdvisorySS
Trading InstitutionSS
Trading ExposureUpto 15xUpto 15X

Compare SMC Global & Axis Direct Research & Advisory

Research & AdvisoryAxis DirectSMC Global
Fundamental ReportsRR
Research ReportsRR
Company ReportsRS
Annual ReportsRS
Company Stock ReviewRR
Free Stock TipsSR
IPO ReportsRR
Top PicksRR
Daily Market ReviewSR
Monthly ReportsRS
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

Axis Direct vs SMC Global Exposure/Leverage

Exposure / LeverageAxis DirectSMC Global
Equity DeliveryUpto 10xUpto 3X
Equity IntradayUpto 15xUpto 15X
Equity FuturesUpto 12xUpto 3X
Equity OptionsUpto 12xUpto 5X
Currency FuturesUpto 7xUpto 2X
Currency OptionsUpto 8xUpto 2X
CommoditiesNAUpto 2X
Margin CalculatorAxis Direct Margin CalculatorSmc Global Margin Calculator

Axis Direct vs SMC Global Product Comparison

ProductsAxis DirectSMC Global
Equity TradingRR
Commodity TradingSR
Currency TradingRR
Mutual FundsRR
Axis Direct vs SMC Global Trading Platform Comparison
Trading PlatformsAxis DirectSMC Global
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformRS
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRS
Easy InstallationRR
Global IndicesRR
Stock TipsRS
Personalized AdvisoryRS
Interactive ChartsRR
Live MarketsRR
SMS AlertsRS
Email AlertsRR
Multi Account ManagementRS

Axis Direct vs SMC Global Customer Support

Customer SupportAxis DirectSMC Global
Dedicated DealerRR
Offline TradingRR
Online TradingRR
24*7 SupportRS
Email SupportRR
Chat SupportSS
Toll Free Number1800 210 0808S

Axis Direct vs SMC Global Customer Complaints

Complaints (Current Year)Axis DirectSMC Global
Lodged in BSE12946
Resolved in BSE11542
Lodged in NSE18965
Resolved in NSE16559

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

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