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

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.

Karvy 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 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

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

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

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

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

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

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

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
Trading Institution S R
Trading Exposure Upto 20x Upto 10X

Compare SMC Global & Karvy Research & Advisory

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

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

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
Insurance S S

Karvy vs SMC Global Trading Platform Comparison

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

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

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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