SMC Global Trading / Online Trading – Review, Process, Benefits, Charges & more
Last Updated Date: Mar 24, 2023From managing wealth to offering currency or commodity trading, this company is an example of a place which has all kinds of quality financial solutions. You will find their SMC Global Trading service to be one of a kind.
SMC is the name in the stock broking world, which started way back in 1990. Since then it has flourished to become the most searchable trading company in India. Its history of expansion narrates the story of its reaching the pinnacle.
This article is all about SMC Global Online Trading, where we aim to make it easy for you to start a seamless trading journey with this company, and we are positive you will have a successful journey with the help of the information we provide you with.
SMC Global Trading and Benefits
Online trading definitely makes it easy for you to invest, and all hail the technical assistance. The remarkable aspect is that the company has structured it so well that you will find it super easy to invest and earn returns.
Some of the privileges offered by SMC Global Online Trading are as below.
- It is enthralling for a trader to note that the SMC offers trading by means of the three most recommended platforms. That means you can trade through mobile, laptops as well as software.
- You don’t need to run anywhere as the company offers you to trade from your home by means of various banking trading options like PNB, UBI, IOB, and Federal.
- It makes your trading an easy course with superior trading tools.
- Advisory services are always at your disposal, so you know how the market works, especially if you are a newbie.
Open Trading Account with SMC Global – Fill up the Form Now!
SMC Global Trading Charges
Equity Intraday: 0.025% on the Sell SideEquity Futures: 0.01% on Sell SideEquity 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 STTOn Exercise transaction: 0.125%Right to entitlement: 0.05% on sell-side
| SMC Global Charges | |
| SEBI Turnover Charges | 0.00005% (Rs.5/Crore) |
| STT | 0126% of Total Turnover |
| Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX) |
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Margin Funding Charges | NA |
| Reactivation Charges | Rs 20 per instruction |
| Account Closure Charges | NIL |
| Dematerialisation Charges | Rs 5 per certificate |
| Pledge Creation | Rs 60 per Instruction |
| Pledge Invocation | Rs 20 per Instruction |
| Margin Pledge/Unpledge/ Pledge closure | Rs 20 per Instruction |
| Margin Repledge | Rs 25 per ISIN |
Clients are very much at ease with the SMC Global Trading Charges because charges are nominal.
- Talking about the transaction charges the company takes 00315% on the whole turnover.
- The company follows the policy of charging 0126% of Total Turnover as the STT charge.
- In order to keep up the membership, the company also asks for the 00005% of Total Turnover as the SEBI charge.
- Now the stamp duty charge actually varies.
- In addition to that, the company charges 18% as GST.
Find Online Trading Services of other Stock Brokers
SMC Global Delivery Trading
The charges you see on this page are in context with the basic plan the company offers. There are 4 other plans the company provides to its clients, and they are subject to different brokerage rates and margin amounts.
Whenever you ask a professional trader about the best kind of trading, they would recommend you to begin with delivery trading. This is because you can hold the share you bought for as long as you want, till the share price rises to an extent where it fetches you definite profit.
| SMC Global Delivery Charges | |
| Equity Delivery | 0.20% |
This is because it is all about purchasing the shares and putting them in the Demat account. In this regard, just pay attention that the SMC Global Delivery Trading charge is only 0.20%.
SMC Global Intraday Trading
That means here they not only can buy and sell the stock on the same day only. It is generally conceived to be a game of experts, but anyone can try their hands at intraday trading if they know of the rightful ways of earning profit.
| SMC Global Intraday Charges | |
| Equity Intraday | 0.02% |
But prior to that, it is significant that traders should be mindful of this particular charge taken for trading. In this regard, the company SMC Global Intraday Trading charge is only 0.02% and it is too less indeed.
SMC Global Option Trading
Options trading is quite a congenial trading type for any type of trader. Precisely it offers a greater percentage of return on the investment as one deals with underlying assets here i.e. security, ETF or even index.
| SMC Global Option Charges | |
| Equity Options | Rs 70 per lot |
Therefore it is time to give a bit of attention to the fees charged for equity options trading which is Rs 70 per lot as the SMC Global Option Trading charge.
SMC Global Futures Trading
In fact, you would see that the advantages of investment are also quite alluring as well. Therefore, in that case, make sure to check out that the brokerage charged for SMC Global Futures Trading is 0.02%.
| SMC Global Futures Charges | |
| Equity Futures | 0.02% |
In fact, you would see that the advantages of investment are also quite alluring as well. Therefore, in that case, make sure to check out that the brokerage charged for SMC Global Futures Trading is 0.02%.
SMC Global Currency Trading
If you go through the lists of different types of trading, currency trading will call your focus. This is because this type of trading is the chosen way to multiply your assets by entering the Forex.
| SMC Global Currency Charges | |
| Currency Option | Rs 20 per lot |
| Currency Futures | 0.02% |
In fact, it is more obvious that this trading particularly will give you the expected result. Therefore you need to check the currency trading where you can see that efficacious trading companies like SMC Global Currency Trading charge 0.02% at the least.
SMC Global Commodity Trading
Commodity trading is unquestionably considered a better deal when it comes to traders. The reasons are many but noteworthy among them is that here you do not need to worry about manipulation of price, as expensive products are mainly dealt with here.
| SMC Global Commodity Charges | |
| Commodity Trading | 0.02% |
On top of that, it offers a greater privilege by investing only a small portion of the money. Therefore, if it seems fine then check out the SMC Global Commodity Trading charge, which is 0.02% available with us right now.
Find Segment Trading Charges of Brokers
SMC Global Online Trading Process
For diligent traders, it is important to know that the trading process should be fast and easy. In that regard, the SMC Global Online Trading process is super flexible and not time-killing at all.
- Initially, you need to click on the button “Open Demat Account”.
- Fill up the pop-up which appears and then submit it, to receive a call from the company executives.
- The process will be conveyed to you by the executive who will also ask you to fulfil the KYC obligation.
- Make sure to upload all the KYC information. To your knowledge, they demand a passport-size photograph, a Pan card, and an Aadhaar card. This will be the evidence for your address and identity.
- In addition to that submit the scanned copy of the bank passbook with self-attestation.
- This shall then be the end of the process, and you will receive your activated account in a day.
SMC Global Online Trading Platforms
If you are quite sure to just grab the opportunity that comes with the SMC Global Trading Platforms, check out the trading platforms which can be used to carry out the trading procedure.
- Desktop-based trading terminal: The SMC Global Trading terminal particularly the desktop-based platform leverages traders to get information on the research performed in order to make traders get the exact news regarding the market.
- Web-based platform: The best is that you will get all the rates live from the market. Therefore this helps to control your move at once. Traders need to keep an eye on the market and that is done by means of the feature window for the market watch.
- Mobile app: The SMC Global App is devised to let you enjoy trading while on the road. In fact, it allows you to manage trading from a single screen only. In fact, you can easily download it from the Google play store or the Apple store only. On top of that, you can easily locate the Mutual fund’s news as well.
Check out the Online Trading Services of other Brokers
SMC Global – Conclusion
In the winding-up section, it is vital to throw light that overall the company has, with no doubt won the confidence of hundreds of traders so far. That is why traders are very much keen to start trading with SMC Global Trading.
At the same time, traders are interested to discover each trading attribute offered by SMC Global Online Trading. Therefore, you can also give a thought to start your first trading with this legal trading company.
SMC Global Trading FAQs
Does SMC Global provide Online Trading?
Yes, SMC does provide online trading. From managing wealth to offering currency or commodity trading, this company is an example of a place which has all kinds of quality financial solutions. The company provides advanced platforms to its clients for online trading.
What are the Charges in SMC Global?
Apart from the brokerage charge that is different for each segment, there are the Transaction Charges worth 0.00315% and STT worth 0.0126% of the total turnover, 0.00005% of the total transaction amount as SEBI charges, stamp duty charges as per state and GST worth 18% of the sum of brokerage and transaction charges.
Does SMC Global provide Delivery Trading?
Yes, SMC Global does provide delivery trading. It is a segment of trading recommended for even beginners. This is because you can hold the share you bought for as long as you want, till the share price rises to an extent where it fetches you definitive profit.
Is delivery trading Free at SMC Global?
No, delivery trading is not free at SMC Global. If traders wish to carry out delivery trading with the brokerage house, they are required to pay a fee of 0.40%. This is an affordable amount that allows traders to carry out the trade without a big fee to pay.
Does SMC Global provide Option Trading?
Yes, SMC Global does provide options trading. Options trading is quite a congenial trading type for any type of trader. Precisely it offers a greater percentage of return on the investment as one deals with underlying assets here i.e. security, ETF or even index.
What are the Options Trading Charges at SMC Global?
The fee charged for equity options trading is 0.02%. i.e. this is the SMC Global Option Trading charge. Trading options can be a smart way to take advantage of profitable situations, but you have to be careful to watch bid-ask spreads.
Do SMC Global provide Futures Trading?
Yes, SMC Global does provide futures trading. Futures Trading involves trading in contracts in the derivatives markets. A futures contract is a standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, between parties not known to each other.
What is Futures brokerage at SMC Global?
The futures brokerage at SMC Global is 0.02%. This means that the traders are required to pay a fee of 0.02% on each trade they carry out. The asset transacted is usually a commodity or financial instrument. This is an affordable and reasonable rate compared to the market.
Is SMC Global safe for trading?
Yes, SMC Global is completely safe for trading. The company has flourished to become the most searchable trading company in India. With a spotless reputation, the brokerage house is reliable and trustworthy and can be depended upon to allow its clients to carry out transactions.
Does SMC Global provide Trading Tips?
Yes, SMC Global does provide trading tips. When trading with SMC Global, you will find that thorough and extensive advisory services are always at your disposal, so you know how the market works, especially if you are newer in trading. Research reports are provided and market trends are analysed to help clients.
Open Demat Account with SMC Global – Fill up the Form Now!
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