Here is a detailed comparison of ICICI Direct vs SMC Global. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between ICICI Direct & SMC Global will help you choose a better company that will fulfill the requirements for trading and investment purposes.
Both of these Stock Broking companies are providing wide range of products and services to the investors.
Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.
This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.
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 ICICI Direct & SMC Global comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s Compare SMC Global & ICICI Direct
Overview of ICICI Direct & SMC Global |
||
| Overview | ICICI Direct | SMC Global |
| Company Type | Public | Private |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Mumbai, India | New Delhi, Delhi |
| Founder | Vjay Chandok | Subhash Aggarwal, Mahesh Gupta & D. K. Aggarwal |
| Established Year | 1994 | 1990 |
ICICI Direct vs SMC Global Customer Ratings Comparison |
||
| Customer Ratings | ICICI Direct | SMC Global |
| Experience | 8.8 / 10 | 6.0/10 |
| Products & Services | 8.4 / 10 | 7.1/10 |
| Brokerage Charges & Fees | 8.5 / 10 | 6.5/10 |
| Stock Research & Advisory | 7.9 / 10 | 6.3/10 |
| Trading Platforms | 8.6 / 10 | 6.2/10 |
| Overall Ratings | 8.44 / 10 | 6.4/10 |
| Star Ratings | ★★★★☆ | ★★★☆☆ |
| Total Client Reviews | 4026 | 345 |
ICICI Direct vs SMC Global Demat Account Comparison |
||
| Demat Services | ICICI Direct | SMC Global |
| Depository Source | NSDL & CDSL | CDSL & NSDL |
| Account Opening Charges | Zero | Rs 499 |
| Demat AMC Charges | Rs 300 (from 2nd year) | Rs 200 |
| Trading AMC Charges | Rs 0 (Free) | Free |
| Margin Money | 75% Margin | 75% Margin |
| Offline to Online | S | R |
SMC Global vs ICICI Direct Brokerage Charges Comparison |
||
| Brokerage Charge & Fees | ICICI Direct | SMC Global |
| Equity Delivery Trading | 0.55% | 0.30% |
| Equity Intraday Trading | Rs 20 per order | 0.03% |
| Commodity Options Trading | Rs 20 per order | 0.03% |
| Equity Futures Trading | Rs 0 (Free) | 0.03% |
| Equity Options Trading | Rs 20 per order | Rs.70 per lot |
| Currency Futures Trading | Rs 20 per order | 0.03% |
| Currency Options Trading | Rs 20 per order | Rs.20 per lot |
| Minimum Brokerage | Rs.20 per Trade | Percentage of Transaction |
| Demat AMC Charges | Rs.300 per Annum from 2nd year | Rs 200 |
| Trading AMC Charges | Zero | Free |
| Margin Money | 75% Margin | 75% Margin |
| Brokerage Calculator | ICICI Direct Brokerage Calculator | SMC Global Brokerage Calculator |
SMC Global & ICICI Direct Other Charges Comparison |
||
| Other Charges | ICICI Direct | SMC Global |
| Transaction Charges | 0.00280% 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 & ICICI Direct Offers |
||
| Offers | ICICI Direct | SMC Global |
| Free Demat Account | R | S |
| Free Trading Account | S | R |
| Discount on Brokerage | S | R |
| Trading Happy Hours | R | S |
| Flexible Brokerage Plans | R | R |
| 1 Month Brokerage Free | S | S |
| Holiday Offers | S | R |
| Referral Offers | R | R |
| Zero Brokerage for Loss Making Trades | R | S |
Compare Services of ICICI Direct vs SMC Global |
||
| Services | ICICI 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 | R | S |
| PMS | R | S |
| Trading Institution | R | R |
| Trading Exposure | Upto 5x | Upto 5x |
Compare SMC Global & ICICI Direct Research & Advisory |
||
| Research & Advisory | ICICI 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 | S | R |
| Daily Market Review | R | R |
| Monthly Reports | R | R |
| Weekly Reports | R | R |
| Offline Advisory | R | R |
| Relationship Manager | R | R |
ICICI Direct vs SMC Global Exposure/Leverage |
||
| Exposure / Leverage | ICICI Direct | SMC Global |
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x | Upto 5x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
| Currency Futures | 1x | 1x |
| Currency Options | 1x | 1x |
| Commodities | 1x | 1x |
| Margin Calculator | ICICI Direct Margin Calculator | SMC Global Margin Calculator |
ICICI Direct vs SMC Global Product Comparison |
||
| Products | ICICI 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 |
ICICI Direct vs SMC Global Trading Platform Comparison |
||
| Trading Platforms | ICICI 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 |
ICICI Direct vs SMC Global Customer Support |
||
| Customer Support | ICICI Direct | SMC Global |
| Dedicated Dealer | R | R |
| Offline Trading | S | R |
| Online Trading | R | R |
| 24*7 Support | S | S |
| Email Support | R | R |
| Chat Support | S | S |
| Toll Free Number | S | S |
| Branches | 226 | 250 |
ICICI Direct vs SMC Global Customer Complaints |
||
| Complaints (Current Year) | ICICI Direct | SMC Global |
| Lodged in BSE | 225 | 225 |
| Resolved in BSE | 215 | 217 |
| Lodged in NSE | 196 | 248 |
| Resolved in NSE | 182 | 237 |
Compare ICICI Direct with other Brokers & SMC Global with other Brokers
Open Demat Account with your Favorite Broker
Featured Topics: