Here is a detailed comparison of IDBI Direct vs SMC Global. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between IDBI 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 IDBI Direct & SMC Global comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s compare SMC Global & IDBI Direct
Overview of IDBI Direct & SMC Global |
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| Overview | IDBI Direct | SMC Global |
| Company Type | Private | Private |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Mumbai, Maharashtra | New Delhi, Delhi |
| Founder | Gurudeo M. Yadwadkar & Rakesh Sethi | Subhash Aggarwal, Mahesh Gupta & D. K. Aggarwal |
| Established Year | 2006 | 1990 |
IDBI Direct vs SMC Global Customer Ratings Comparison |
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| Customer Ratings | IDBI Direct | SMC Global |
| Experience | 6.2/10 | 6.0/10 |
| Products & Services | 6.0/10 | 7.1/10 |
| Brokerage Charges & Fees | 6.3/10 | 6.5/10 |
| Stock Research & Advisory | 6.1/10 | 6.3/10 |
| Trading Platforms | 6.0/10 | 6.2/10 |
| Overall Ratings | 6.1/10 | 6.4/10 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
| Total Client Reviews | 157 | 345 |
IDBI Direct vs SMC Global Demat Account Comparison |
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| Demat Services | IDBI Direct | SMC Global |
| Depository Source | CDSL & NSDL | CDSL & NSDL |
| Account Opening Charges | Free | Rs.450 |
| Demat AMC Charges | Rs.350 per Annum | Rs.300 per Annum |
| Trading AMC Charges | Free | Free |
| Margin Money | Rs.10,000 | Rs.10,000 |
| Offline to Online | R | R |
SMC Global vs IDBI Direct Brokerage Charges Comparison |
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| Brokerage Charge & Fees | IDBI Direct | SMC Global |
| Equity Delivery Trading | 0.05% – 0.35% | 0.30% |
| Equity Intraday Trading | 0.01% – 0.04% | 0.03% |
| Commodity Options Trading | 0.01% – 0.04% | 0.03% |
| Equity Futures Trading | 0.01% – 0.04% | 0.03% |
| Equity Options Trading | Rs.10 – Rs.60 per lot | Rs.70 per lot |
| Currency Futures Trading | 0.01% – 0.04% | 0.03% |
| Currency Options Trading | Rs.10 – Rs.60 per lot | Rs.20 per lot |
| Minimum Brokerage | Rs.20 per executed order | Rs.15 per executed order |
| Demat AMC Charges | Rs.350 | Rs.300 |
| Trading AMC Charges | Free | Free |
| Margin Money | Rs.10,000 | Rs.10,0000 |
| Brokerage Calculator | IDBI Direct Brokerage Calculator | SMC Global Brokerage Calculator |
SMC Global & IDBI Direct Other Charges Comparison |
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| Other Charges | IDBI Direct | SMC Global |
| Transaction Charges | 0.00312% of Total Turnover | 0.00315% of Total Turnover |
| STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover |
| SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover |
| Stamp Duty | Depends on State (very minimal) | Depends on State (very minimal) |
| GST | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) |
Compare SMC Global & IDBI Direct Offers |
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| Offers | IDBI Direct | SMC Global |
| Free Demat Account | R | S |
| Free Trading Account | R | R |
| Discount on Brokerage | R | R |
| Trading Happy Hours | S | S |
| Flexible Brokerage Plans | R | R |
| 1 Month Brokerage Free | S | S |
| Holiday Offers | R | R |
| Referral Offers | S | R |
| Zero Brokerage for Loss Making Trades | S | S |
Compare Services of IDBI Direct vs SMC Global |
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| Services | IDBI Direct | SMC Global |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Acount | R | S |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | R | R |
| Robo Advisory | S | S |
| PMS | S | S |
| Trading Institution | S | R |
| Trading Exposure | Upto 15X | Upto 10X |
Compare SMC Global & IDBI Direct Research & Advisory |
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| Research & Advisory | IDBI Direct | SMC Global |
| Fundamental Reports | R | R |
| Research Reports | R | R |
| Company Reports | S | S |
| Annual Reports | S | R |
| Company Stock Review | R | S |
| Free Stock Tips | R | R |
| IPO Reports | R | R |
| Top Picks | R | R |
| Daily Market Review | R | R |
| Monthly Reports | S | R |
| Weekly Reports | R | R |
| Offline Advisory | R | R |
| Relationship Manager | R | R |
IDBI Direct vs SMC Global Exposure/Leverage |
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| Exposure / Leverage | IDBI Direct | SMC Global |
| Equity Delivery | Upto 3X | Upto 3X |
| Equity Intraday | Upto 15X | Upto 10X |
| Equity Futures | Upto 3X | Upto 2X |
| Equity Options | Upto 5X | Upto 3X |
| Currency Futures | Upto 2X | Upto 2X |
| Currency Options | Upto 2X | Upto 3X |
| Commodities | Upto 2X | Upto 2X |
| Margin Calculator | IDBI Direct Margin Calculator | SMC Global Margin Calculator |
IDBI Direct vs SMC Global Product Comparison |
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| Products | IDBI Direct | SMC Global |
| Equity Trading | R | R |
| Commodity Trading | R | R |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | R |
| Forex | S | S |
| Banking | R | S |
| SIP | R | R |
| Insurance | S | S |
IDBI Direct vs SMC Global Trading Platform Comparison |
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| Trading Platforms | IDBI Direct | SMC Global |
| Desktop Platform – Windows | R | R |
| Desktop Platform – Mac | R | R |
| Desktop Browser Platform | R | R |
| Mobile Site Platform | S | 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 | S | S |
| Easy Installation | R | R |
| Global Indices | R | R |
| Stock Tips | S | R |
| Personalized Advisory | S | S |
| Interactive Charts | R | R |
| Live Markets | R | R |
| SMS Alerts | S | S |
| Email Alerts | R | R |
| Multi Account Management | S | S |
IDBI Direct vs SMC Global Customer Support |
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| Customer Support | IDBI Direct | SMC Global |
| Dedicated Dealer | R | R |
| Offline Trading | R | R |
| Online Trading | R | R |
| 24*7 Support | S | S |
| Email Support | R | R |
| Chat Support | S | S |
| Toll Free Number | S | S |
| Branches | 225 | 250 |
IDBI Direct vs SMC Global Customer Complaints |
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| Complaints (Current Year) | IDBI Direct | SMC Global |
| Lodged in BSE | 46 | 225 |
| Resolved in BSE | 42 | 217 |
| Lodged in NSE | 65 | 248 |
| Resolved in NSE | 59 | 237 |
Compare IDBI Direct with other Brokers & SMC Global with other Brokers
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