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

Last Updated Date - Nov 19, 2022

Here is a detailed comparison of Upstox vs SMC Global. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Upstox & 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.

Upstox 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

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This Upstox & SMC Global comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare SMC Global & Upstox

Overview of Upstox & SMC Global

Overview Upstox SMC Global
Company Type Private Private
Broker Type Discount Broker Full Service Broker
Headquarters Mumbai, India New Delhi, Delhi
Founder Raghu Kumar, Ravi Kumar & Shrinivas Vishvanath Subhash Aggarwal, Mahesh Gupta & D. K. Aggarwal
Established Year 2011 1990

Upstox vs SMC Global Customer Ratings Comparison

Customer Ratings Upstox SMC Global
Experience 8.1 / 10 6.0/10
Products & Services 8.0 / 10 7.1/10
Brokerage Charges & Fees 7.9 / 10 6.5/10
Stock Research & Advisory 9.0 / 10 6.3/10
Trading Platforms 5.0 / 10 6.2/10
Overall Ratings 7.90 / 10 6.4/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 2147 345

Upstox vs SMC Global Demat Account Comparison

Demat Services Upstox SMC Global
Depository Source CDSL CDSL & NSDL
Account Opening Charges Rs 0 (Free) Rs 499
Demat AMC Charges Rs 249 Rs 200
Trading AMC Charges Free Free
Margin Money 75% Margin 75% Margin
Offline to Online S R

SMC Global vs Upstox Brokerage Charges Comparison

Brokerage Charge & Fees Upstox SMC Global
Equity Delivery Trading Zero 0.30%
Equity Intraday Trading Rs.20 per executed order or 0.05% (whichever is lower) 0.03%
Commodity Options Trading Rs.20 per executed order or 0.05% (whichever is lower) 0.03%
Equity Futures Trading Rs.20 per executed order or 0.05% (whichever is lower) 0.03%
Equity Options Trading Flat Rs.20 per executed order Rs.70 per lot
Currency Futures Trading Rs.20 per executed order or 0.05% (whichever is lower) 0.03%
Currency Options Trading Flat Rs.20 per executed order Rs.20 per lot
Minimum Brokerage Rs.20 Percentage of Transaction
Demat AMC Charges Rs.249 Rs 200
Trading AMC Charges Rs. 354 Free
Margin Money 75% Margin 75% Margin
Brokerage Calculator Upstox Brokerage Calculator SMC Global Brokerage Calculator

SMC Global & Upstox Other Charges Comparison

Other Charges Upstox SMC Global
Transaction Charges 0.00275% 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 & Upstox Offers

Offers Upstox SMC Global
Free Demat Account S S
Free Trading Account R R
Discount on Brokerage R R
Trading Happy Hours S S
Flexible Brokerage Plans S 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 Upstox vs SMC Global

Services Upstox SMC Global
Demat Services R R
Trading Services R R
3 in 1 Account S S
Intraday Services R R
IPO Services R R
Stock Recommendations S R
Robo Advisory R S
PMS S S
Trading Institution S R
Trading Exposure Upto 5x Upto 5x

Compare SMC Global & Upstox Research & Advisory

Research & Advisory Upstox SMC Global
Fundamental Reports S R
Research Reports S R
Company Reports S S
Annual Reports S R
Company Stock Review S S
Free Stock Tips S R
IPO Reports S R
Top Picks S R
Daily Market Review S R
Monthly Reports S R
Weekly Reports S R
Offline Advisory S R
Relationship Manager S R

Upstox vs SMC Global Exposure/Leverage

Exposure / Leverage Upstox 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 Upstox Margin Calculator SMC Global Margin Calculator

Upstox vs SMC Global Product Comparison

Products Upstox SMC Global
Equity Trading R R
Commodity Trading S R
Currency Trading R R
Options R R
Futures R R
Mutual Funds S R
Forex S S
Banking S S
SIP S R
Insurance S S

Upstox vs SMC Global Trading Platform Comparison

Trading Platforms Upstox 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

Upstox vs SMC Global Customer Support

Customer Support Upstox SMC Global
Dedicated Dealer S 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 Zero 250

Upstox vs SMC Global Customer Complaints

Complaints (Current Year) Upstox SMC Global
Lodged in BSE 185 225
Resolved in BSE 126 217
Lodged in NSE 175 248
Resolved in NSE 139 237

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