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SMC Global Vs Edelweiss Comparison – Side by Side Compare

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Introduction:

SMC Global and Edelweiss are two famous organizations of share market. They are serving investors from several years with their services. Trading account opening charges to margin rates, everything is important to choose one of them. This relative study can help you to choose the best, as per your need.

SMC Global has a great customer support service. Besides, it provides all trading or investment related features and facilities.

Edelweiss has a greater customer rating on different platforms. It also comes with all trading-related services and charges.

Organizational Overview:

A trader can get a basic overview by the customer ratings. A relative table is mentioned below.

Grade out of 5 starSMC GlobalEdelweiss
Overall Rating★★★★★★★
Customer Rating on Brokerage Charges★★★★★★
Customer Rating on Trading Platform★★★★★★★
Customer Rating on Investments Offering★★★★★★★
Customer Rating on Customer Service★★★★★★★
Broker Type Full-service BrokerFull-service Broker
Exchanges Supported NSE, BSE, MCX, NCDEXBSE, NSE, MCX, NCDEX
SMC Global Vs Edelweiss Review

SMC Global Vs Edelweiss AOC & AMC:

AOC and AMC charge also influence the investment as well as the trading revenue. A detailed study, of SMC Global vs Edelweiss regarding AMC and AOC is mentioned below.

ParticularsSMC GlobalEdelweiss
Trading Account Opening Fees1000 RupeesFree of cost
Trading AMC FeesFree of costFree of cost
DEMAT Account Opening FeesFree of costFree of cost
DEMAT AMC Fees300 Rupees PA300 Rupees pa (Second Year Onward)
Provide DP ServiceYESYES

Comparison of Brokerage Plan: 

Several brokerage plans are offered by different broking companies in the share market. A relative study is written here.

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ParticularsSMC GlobalEdelweiss
Multiple PlansNONO
Monthly PlansNONO
Yearly PlansNONO

SMC Global Vs Edelweiss Brokerage Charges: 

Different brokerage charges are offered by SMC Global and Edelweiss. It includes equity delivery, equity intraday, equity options, currency options, etc. A detailed comparison is mentioned below.

ParticularsSMC GlobalEdelweiss
Plan NameStandard Trading Plan (Percentage Based)Edelweiss Lite
Equity Delivery0.3% or 0.3 Rupees10 Rupees / 0.01% whichever lower
Equity Intraday0.03% or 0.03 Rupees10 Rupees / 0.01% whichever lower
Equity Futures0.03% or 0.03 Rupees10 Rupees / 0.01% whichever lower
Equity Options70 Rupees/LotFlat Fee 10 Rupees
Currency Futures0.03% or 0.03 Rupees10 Rupees / 0.01% whichever lower
Currency Options20 Rupees/LotFlat Fee 10 Rupees
Commodity Trading0.03% or 0.03 RupeesNA
Minimum Brokerage25 Rupees per trade or 2.5% of the trade value whichever is lowerNIL
Hidden ChargesInfo Not AvailableInfo Not Available
FundingYes – 18% interest PAYes – 24% interest PA
Call & Trade ChargesFree of costFree of cost

Also Read: Edelweiss Brokerage Calculator Online

Assessment of Transaction Charge: 

Transaction charges are almost same for both of these companies. A relative study on transaction charges of SMC Global vs Edelweiss is mentioned below.

ParticularsSMC GlobalEdelweiss
Equity DeliveryINR.325 Per CrINR.325 Per Cr
Equity IntradayINR.325 Per CrINR.325 Per Cr
Equity FuturesINR.190 Per CrINR.190 Per Cr
Equity OptionsINR.5000 Per CrINR.5000 Per Cr
Currency FuturesINR.110 Per CrINR.110 Per Cr
Currency OptionsINR.4000 Per CrINR.4000 Per Cr
CommodityNon-Agri: INR.260/Cr  Agri: INR.175/CrNon-Agri: INR.260/Cr  Agri: INR.175/Cr

SMC Global Vs Edelweiss Account Feature: 

All the trading account features are important to handle and control your trading account properly. A relative comparison of SMC Global and Edelweiss is here.

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ParticularsSMC GlobalEdelweiss
3 in 1 Account facility🗶🗶
Charting facility
Algo Trading facility
SMS Alerts service
Online Demo facility
Online Portfolio service
Margin Trading Funding Availability
Combined Ledger for Equity and Commodity🗶
Intraday Square-off Time service3:15PM3:15PM
NRI Trading facility

Also Read: Edelweiss Vs Anand Rathi comparison: Demat, Brokerage, Margin

Compare Trading Terminal: 

Trading terminals are also important to know. A comparative study is mentioned below.

ParticularsSMC GlobalEdelweiss
Desktop Trading PlatformODIN DietXtreme Trader
Desktop Platform (Windows)
Desktop Platform (Mac)🗶🗶
Web Trading Platform
Web Trading Detailtrade.smcindiaonline.com/easytrade/tlounge.edelweiss.in/Login
Mobile Site
Mobile Trading
Mobile Trading AppSMCEasyTradeEdelweiss Mobile Trader
Android Mobile App
iPhone Mobile App (IOS)
Android Tablet App
iPad App (IOS)
Trading Software ChargesFreeFree

Also Read: SMC Global Vs Axis Direct – Comparative Methodical Assessment

Assessment of Product: 

A comparative study of SMC Global & Edelweiss is mentioned below.

ParticularsSMC GlobalEdelweiss
Equity Cash and F&O
Currency Derivatives
Commodity
Online IPO Application🗶🗶
Mutual Funds
Bond / NCD
ETF
Banking🗶🗶
Insurance
Forex🗶🗶
MF SIP Investment
Equity SIP Investment🗶
PMS Service
Other Investment OptionsInsuranceNIL

SMC Global Vs Edelweiss Leverage/Margin

Leverage rates can affect your trading revenue. Go through a comparative study of these organizations regarding margin or leverage.

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ParticularsSMC GlobalEdelweiss
Equity Delivery Margin Maximum 3x leverage for equity delivery – through Margin Funding system.Maximum 10x leverage for equity delivery – through Margin Funding method.
Equity Intraday Margin Maximum 10x or 10% subject to Variable and ELM.Maximum 10x or 10% subject to Variable and ELM.
Futures Margin 1x or the particular SPAN + Leverage.1x or the particular SPAN + Leverage.
Options Margin 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.
Equity CO Margin Maximum 10x or 10% subject to Variable and ELM, no further leverage charges are included for Cover Order.Maximum 10x or 10% subject to Variable and ELM, no further leverage charges are included for Cover Order.
Futures CO Margin 1x or the particular SPAN + Exposure margin, No further leverage charges are included for Futures Cover Order.1x or the particular SPAN + Exposure margin, No further leverage charges are included for Futures Cover Order.
Options CO Margin 1x or the particular SPAN + Exposure margin (Selling a share) or Premium Margin (Buying a share), No further leverage charges are included for Options Cover Order.1x or the particular SPAN + Exposure margin (Selling a share) or Premium Margin (Buying a share), No further leverage charges are included for Options Cover Order.
Commodity Margin 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.

Also Read: Edelweiss Margin Calculator Online

Assessment of Customer Support: 

A relative analysis of SMC Global and Edelweiss is mentioned below.

ParticularsSMC GlobalEdelweiss
24/7 Customer Service 🗶🗶
Email Support 
Online Live Chat 🗶   🗶
Phone Support 
Toll Free Number 
Through Branches 
Customer Care Number 91-11-66075200040-4905-9999
Account Opening Process Online/PaperlessOnline/Paperless
Customer Support Email [email protected][email protected]
Knowledge Centre/Education https://www.smctradeonline.com/research/new-lettershttps://www.edelweiss.in/faqs
Head Office Address SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
Edelweiss House,
Off CST Road,
Kalina,
Mumbai – 400098
Website smctradeonline.comedelweiss.in
open edelweiss demat account

Assessment of DEMAT Account Feature: 

Some companies provide this account for free of cost. A comparative study is mentioned here.

 ParticularsSMC GlobalEdelweiss
DP SourceCDSLCDSL
DP ID 1910019100
DEMAT AMC250 Rupees paFree (1500 Rupees one-time charges)
Advance DepositAMC will be charged in advance.NIL
Statutory chargesStamp Paper ChargesNil
Transaction Charges on Debit (Per ISIN)12 Rupees0.02% of transaction value or 20 Rupees/transaction whichever is higher
DEMAT3 Rupees/certificate + courier charges2 Rupees/certificate + 30 Rupees courier charges
REMAT20 Rupees for every hundred securities + courier charges10 Rupees for every hundred securities after that 10 Rupees/request + 30 Rupees request charges
Pledge Creation50 Rupees per instruction0.02% of the transaction value (Min 50 Rupees)
Pledge Creation Confirmation50 Rupees/instructionNil
Pledge Closure25 Rupees/instruction0.02% of the transaction value (Min 50 Rupees)
Pledge Closure Confirmation25 Rupees/instructionNil
Pledge Invocation25 Rupees/instruction0.02% of the transaction value (Min 50 Rupees)
Failed Instruction Charges20 RupeesNil
Other ChargesNilNil
SMC Global Account Opening

Conclusion: 

These are two famous companies of the share market. This Comparison of SMC Global vs Edelweiss can carry you to the details. This will lead you to choose the best one for you.

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