SMC Global is one of the largest full services broker based out in New Delhi. Let’s have a detailed review of SMC Online Demat Account, SMC Global Brokerage Charges, SMC Trade Online Trading Platforms & other important features.
SMC Global Review & Ratings
About SMC Global / SMC Online
SMC Global or SMC Online or SMC Tradeonline is offering services in stock, commodity and currency broking. Apart from this, they are also offering investment banking, wealth management, distribution of third-party fin products, research, financing, depository services, insurance broking, clearing services. SMC Global securities also help you with real estate advisory services (mainly to corporate, institutional, high net worth individuals and other retail clients).
Online Stock Trading is a new endeavor for SMC Global. SMC Global by having a tie-up with Punjab National Bank is providing share trading facilities to its clients. SMCtradeonline.com and SMCindiaonline.com is the way out for all the information related to the broker. The Broker got awarded as Best Commodity Broker, Best Currency Broker, Best Research analyst for Equity, IPO and Commodity.
You can do online trading in Equities, Derivatives, Currency, Commodities, IPOs, MF and Bonds with SMC Global.
SMC has an excellent team of Research Analysts and Advisory Managers to help you with strategies for equity and derivatives investment. The team also provides valuable recommendations for trading on futures & options segment.
Customer care is taken into account via email, phone, toll-free no, and SMS. They have one of the largest distribution networks in the country. SMC Global boasts of having a network of 61 branches. Their branches include overseas offices in Dubai and more than 2,290 registered sub-brokers and authorized persons with presence in regional India and over 550 cities.
SMC Global Products & Services
Here are the list of Products & Services SMC Online Offers:
SMC Online Products
- Mutual Fund
SMC Global Services
- Demat Account
- Depository Services
- Trading Account
- NRI Services
- Advisory Services
- Research Reports
SMC Global Brokerage Charges & Fees
SMC Online claims to have competitive brokerage rates but they prefer to serve on one to one basis depending upon your volume traded and bargain quality. This broking house serves its clients personally as they have branches and sub-brokers office available across the country.
SMC Global or SMC Online Brokerage Charges
|Brokerage Plan||SMC Plan|
|Equity Options||Rs.70 per lot|
|Currency Options||Rs.20 per lot|
How to Open SMC Global Demat Account?
- Fill up your details here – Fill Contact Form
- Toll-free Phone 1800-11-0909
- SMS ‘SMC’ to 56677
Why Open SMC Online Demat Account?
- Integrated Bank, Trading and Demat accounts
- Useful Research & advisory support from a highly expert team
- Multiple trading options
- Portfolio tracker and User-friendly platforms that makes a trading pleasant experience
- Invest online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance (nonlife) is also available.
- Trading facility for NRI’s is a thing to watch
- Margin Trading facility to the tune of up to 5x
SMC Global Trading Platforms Review
This full-service broking house supports Web-based, software-based and mobile App based trading Platforms for their clients. SMC Global’s trading platforms perform well in terms of speed, convenience and risk management.
Their two web-based platforms are:
SMC Online Web-based Trading Platform: SMC SELECT Review
This is the web-based trading platform by SMC mostly suited to Retail investors for online trading and does not require any special software installation. The main features are:
- Trade on different exchanges on a single window
- Online transfer of funds through multiple banks is available
- Online Back office to track your investments
- IPO & Mutual Fund Online
- Technical SMS alerts facility is also available
- Latest news, market information and research reports on email.
SMC Global Web-based Trading Platform: SMC EXCLUSIVE Review
Another web-based trading platform with live streaming quotes, This account is ideal for Active traders who transact frequently and in large volume during day’s trading session to capitalize on intra-day price movements.
SMC Global Desktop based Trading Terminal: SMC PRIVILEGE Review
A software-based platform for active traders. It comes with features like Real-time streaming quotes, intraday charting, Multiple Exchanges on a single screen. It also has Fully Customizable Market Watch, Track Multiple Stocks on a single screen, Hot Key Functions, etc.
SMC Global Mobile App based Trading Platform: SMC MOBITRADE Review
It is the application based user-friendly interface for trading across Equity and Commodity. It provides real-time access to market information like Script Info, Contract info, and Best Five. Mobitrade is available in two modes, Lite which is refresh based and Streaming which provides continuous streaming quotes. SMC mob trade is available on BSE, MCX Commodity & NCDEX but not on NSE.
SMC Online Tablet-based Trading Platform: SMC TabTrade Review
This is the app designed for I-pads and Android phones and tablets for trading in NSE Cash, NSE F&O, BSE Cash, BSE F&O, MCX, NCDEX & NSE Currency. Other feature remains more or less the same as SMC Mobitrade.
SMC Tradeonline Advantages / Disadvantages:
SMC Global offerings are no less any more but just right. The Broker has something extra to offer on almost all trading segments. The Brokers need to be more transparent in terms of brokerage and other charges.
SMC Global Advantages
- Pan-India presence
- No trading account AMC
- Dedicated customer care
- Multiple Trading platforms
- Call and trade facility
- Clients can place AMO and BTST (Buy Today Sell Tomorrow) order options are available too.
SMC Online Disadvantages
- Brokerage charges not disclosed easily
- Mobile trading not available for NSE scripts
- No 3 in 1 account option available
- Extra charges for their featured products
- Good Till Cancelled (GTC), as well as Good Till Date/Time (GTD) Orders options, are not available in the equity segment.
Pay only ₹20 per order for Intraday, F&O, Currencies, and Commodities.