Here is a detailed comparison of Karvy vs SMC Global. Karvy is one of the full service broker known to offer great deals to its clients like happy hour trading, free demat account offer from time to time; while SMC Global is one broker which is totally against any kind of marketing gimmick. It uses its own strategy to provide services to different types of clients and investors. Both are great in their own fields, so let us check the similarities and differences between these two brokers.
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.
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 Karvy & SMC Global comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s Compare SMC Global & Karvy
Overview of Karvy & SMC Global |
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| Overview | Karvy | SMC Global |
| Company Type | Private | Private |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Hyderabad, India | New Delhi, Delhi |
| Founder | C Parthasarathy | Subhash Aggarwal, Mahesh Gupta & D. K. Aggarwal |
| Established Year | 1983 | 1990 |
Karvy vs SMC Global Customer Ratings Comparison |
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| Customer Ratings | Karvy | SMC Global |
| Experience | 6.0/10 | 6.0/10 |
| Products & Services | 6.5/10 | 7.1/10 |
| Brokerage Charges & Fees | 7.0/10 | 6.5/10 |
| Stock Research & Advisory | 6.7/10 | 6.3/10 |
| Trading Platforms | 6.5/10 | 6.2/10 |
| Overall Ratings | 6.5/10 | 6.4/10 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
| Total Client Reviews | 1265 | 345 |
Karvy vs SMC Global Demat Account Comparison |
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| Demat Services | Karvy | SMC Global |
| Depository Source | CDSL | CDSL & NSDL |
| Account Opening Charges | Free | Rs.450 |
| Demat AMC Charges | Rs.500 per Annum | Rs.300 per Annum |
| Trading AMC Charges | Free | Free |
| Margin Money | Zero to Rs.1 lakh | Rs.10,000 |
| Offline to Online | S | R |
SMC Global vs Karvy Brokerage Charges Comparison |
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| Brokerage Charge & Fees | Karvy | SMC Global |
| Equity Delivery Trading | 0.1% – 0.3% | 0.30% |
| Equity Intraday Trading | 0.01% – 0.03% | 0.03% |
| Commodity Options Trading | 0.01% – 0.03% | 0.03% |
| Equity Futures Trading | 0.01% – 0.03% | 0.03% |
| Equity Options Trading | Rs.10 – Rs.30 per lot | Rs.70 per lot |
| Currency Futures Trading | 0.01% – 0.03% | 0.03% |
| Currency Options Trading | Rs.10 – Rs.30 per lot | Rs.20 per lot |
| Minimum Brokerage | Percentage of Transaction | Rs.15 per executed order |
| Demat AMC Charges | Rs.500 per annum | Rs.300 |
| Trading AMC Charges | Free | Free |
| Margin Money | Zero to Rs.1 lakh | Rs.10,0000 |
| Brokerage Calculator | Karvy Brokerage Calculator | SMC Global Brokerage Calculator |
SMC Global & Karvy Other Charges Comparison |
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| Other Charges | Karvy | SMC Global |
| Transaction Charges | 0.00325% 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 & Karvy Offers |
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| Offers | Karvy | SMC Global |
| Free Demat Account | R | 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 Karvy vs SMC Global |
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| Services | Karvy | SMC Global |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Acount | S | 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 20x | Upto 10X |
Compare SMC Global & Karvy Research & Advisory |
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| Research & Advisory | Karvy | 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 | S | R |
| Monthly Reports | R | R |
| Weekly Reports | R | R |
| Offline Advisory | R | R |
| Relationship Manager | R | R |
Karvy vs SMC Global Exposure/Leverage |
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| Exposure / Leverage | Karvy | SMC Global |
| Equity Delivery | Upto 10x | Upto 3X |
| Equity Intraday | Upto 20x | Upto 10X |
| Equity Futures | Upto 10x | Upto 2X |
| Equity Options | Upto 15x | Upto 3X |
| Currency Futures | Upto 12x | Upto 2X |
| Currency Options | Upto 10x | Upto 3X |
| Commodities | Upto 12x | Upto 2X |
| Margin Calculator | Karvy Margin Calculator | Smc Global Margin Calculator |
Karvy vs SMC Global Product Comparison |
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| Products | Karvy | 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 | S | S |
| SIP | R | R |
| Insurance | S | S |
Karvy vs SMC Global Trading Platform Comparison |
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| Trading Platforms | Karvy | 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 |
Karvy vs SMC Global Customer Support |
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| Customer Support | Karvy | 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 | 1800 419 8283 | S |
| Branches | 110 | 250 |
Karvy vs SMC Global Customer Complaints |
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| Complaints (Current Year) | Karvy | SMC Global |
| Lodged in BSE | 210 | 225 |
| Resolved in BSE | 185 | 217 |
| Lodged in NSE | 165 | 248 |
| Resolved in NSE | 143 | 237 |
Compare Karvy with other Brokers & SMC Global with other Brokers
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