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

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.

ICICI 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 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

OverviewICICI DirectSMC Global
Company TypePublicPrivate
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaNew Delhi, Delhi
FounderVjay ChandokSubhash Aggarwal, Mahesh Gupta & D. K. Aggarwal
Established Year19941990

ICICI Direct vs SMC Global Customer Ratings Comparison

Customer RatingsICICI DirectSMC Global
Experience8.8 / 106.0/10
Products & Services8.4 / 107.1/10
Brokerage Charges & Fees8.5 / 106.5/10
Stock Research & Advisory7.9 / 106.3/10
Trading Platforms8.6 / 106.2/10
Overall Ratings8.44 / 106.4/10
Star Ratings★★★★☆★★★☆☆
Total Client Reviews4026345

ICICI Direct vs SMC Global Demat Account Comparison

Demat ServicesICICI DirectSMC Global
Depository SourceNSDL & CDSLCDSL & NSDL
Account Opening ChargesZeroRs 499
Demat AMC ChargesRs 300 (from 2nd year)Rs 200
Trading AMC ChargesRs 0 (Free)Free
Margin Money75% Margin75% Margin
Offline to OnlineSR

SMC Global vs ICICI Direct Brokerage Charges Comparison

Brokerage Charge & FeesICICI DirectSMC Global
Equity Delivery Trading0.55%0.30%
Equity Intraday TradingRs 20 per order0.03%
Commodity Options TradingRs 20 per order0.03%
Equity Futures TradingRs 0 (Free)0.03%
Equity Options TradingRs 20 per orderRs.70 per lot
Currency Futures TradingRs 20 per order0.03%
Currency Options TradingRs 20 per orderRs.20 per lot
Minimum BrokerageRs.20 per TradePercentage of Transaction
Demat AMC ChargesRs.300 per Annum from 2nd yearRs 200
Trading AMC ChargesZeroFree
Margin Money75% Margin75% Margin
Brokerage CalculatorICICI Direct Brokerage CalculatorSMC Global Brokerage Calculator

SMC Global & ICICI Direct Other Charges Comparison

Other ChargesICICI DirectSMC Global
Transaction Charges0.00280% of Total Turnover0.00315% of Total Turnover
STTEquity 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 Charges0.00005% (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)
GST18% on (Brokerage + Transaction Charge + SEBI Fee)18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare SMC Global & ICICI Direct Offers

OffersICICI DirectSMC Global
Free Demat AccountRS
Free Trading AccountSR
Discount on BrokerageSR
Trading Happy HoursRS
Flexible Brokerage PlansRR
1 Month Brokerage FreeSS
Holiday OffersSR
Referral OffersRR
Zero Brokerage for Loss Making TradesRS

Compare Services of ICICI Direct vs SMC Global

ServicesICICI DirectSMC Global
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountRS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRR
Robo AdvisoryRS
PMSRS
Trading InstitutionRR
Trading ExposureUpto 5xUpto 5x

Compare SMC Global & ICICI Direct Research & Advisory

Research & AdvisoryICICI DirectSMC Global
Fundamental ReportsRR
Research ReportsRR
Company ReportsRS
Annual ReportsRR
Company Stock ReviewRS
Free Stock TipsSR
IPO ReportsRR
Top PicksSR
Daily Market ReviewRR
Monthly ReportsRR
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

ICICI Direct vs SMC Global Exposure/Leverage

Exposure / LeverageICICI DirectSMC Global
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorICICI Direct Margin CalculatorSMC Global Margin Calculator

ICICI Direct vs SMC Global Product Comparison

ProductsICICI DirectSMC Global
Equity TradingRR
Commodity TradingSR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexRS
BankingRS
SIPRR
InsuranceRS

ICICI Direct vs SMC Global Trading Platform Comparison

Trading PlatformsICICI 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 TipsRR
Personalized AdvisoryRS
Interactive ChartsRR
Live MarketsRR
SMS AlertsRS
Email AlertsRR
Multi Account ManagementRS

ICICI Direct vs SMC Global Customer Support

Customer SupportICICI DirectSMC Global
Dedicated DealerRR
Offline TradingSR
Online TradingRR
24*7 SupportSS
Email SupportRR
Chat SupportSS
Toll Free NumberSS
Branches226250

ICICI Direct vs SMC Global Customer Complaints

Complaints (Current Year)ICICI DirectSMC Global
Lodged in BSE225225
Resolved in BSE215217
Lodged in NSE196248
Resolved in NSE182237

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


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