SMC Global Vs Nirmal Bang Comparison – Side by Side Compare

Introduction:

These are two famous companies in the share market. There are so many major and also short differences in every corner. They offer different brokerage charges and also a different margin for investments.

Also, the charge is different in Demat AMC. So with a relative study of SMC Global vs Nirmal Bang, an investor or trader will get an overview, which will lead him/her, to choose the better one.

SMC Global is a very renowned company with so many account features and specifications.

It comes almost with all the facilities and offerings, available in the market. With a great customer support team, it provides a great support system to its customers.

Nirmal Bang provides almost the same charges. But in terms of facilities and features, it has some differences, which can influence your trading experience.

Assessment on Service: 

In terms of services, SMC Global and Nirmal Bang have some differences. But when we consider the customer reviews and ratings, we can see a close position of these organizations. A relative study is listed below.

Rating out of 5SMC GlobalNirmal Bang
Overall Rating3 out of 53 out of 5
Brokerage Charges3 out of 53 out of 5
Trading Platform3 out of 53 out of 5
Investments Offering3 out of 53 out of 5
Customer Service3 out of 53 out of 5
Broker Type Full-Service BrokerFull-Service Broker
Exchanges Supported NSE, BSE, MCX, NCDEXBSE, NSE, MCX, NCDEX

SMC Global Vs Nirmal Bang AOF & AMC: 

Demat account and AMC charges are very important for every trader because it is the basic step to open the Demat account. In this case, SMC Global & Nirmal Bang also have some similarities. A detailed table is mentioned below.

Related Post:   Zerodha Kite Vs Sharekhan TradeTiger (TT): The Top-Notch Stock Trading Portals In India?
ChargesSMC GlobalNirmal Bang
Trading AOFINR. 1000Free
Trading AMCFreeFree
DEMAT AOFFreeFree
DEMAT AMCINR. 300 PAINR. 200 PA
Provide DP ServiceYESYES
SMC Global Vs Nirmal Bang Review

SMC Global Vs Nirmal Bang Brokerage Plan:

Almost all of the common brokerage plans are not provided by both of these organizations. A comparative table of SMC Global vs Nirmal Bang is detailed below.

Plan TypesSMC GlobalNirmal Bang
Multiple Brokerage PlansNot ProvidedNot Provided
Monthly Brokerage PlansNot ProvidedNot Provided
Yearly Brokerage PlansNot ProvidedNot Provided

Also Read: SMC Global Brokerage Calculator Online

SMC Global Vs Nirmal Bang Brokerage Charges Comparison

There is a big difference in almost all of the brokerage charges. Nirmal Bang comparatively charges less percentage on brokerage charges. A detailed study is listed below between SMC Global vs Nirmal Bang.

ParticularsSMC GlobalNirmal Bang
Plan NameStandard Trading Plan (Percentage Based)Basic Trading Plan (Percentage Based)
Equity Delivery0.3% or 0.3 Rupees0.2% or 0.2 Rupees
Equity Intraday0.03% or 0.03 Rupees0.02% or 0.02 Rupees
Equity Futures0.03% or 0.03 Rupees0.02% or 0.02 Rupees
Equity Options70 Rupees Per Lot100 Rupees Per Lot
Currency Futures0.03% or 0.03 Rupees0.02% or 0.02 Rupees
Currency Options20 Rupees Per Lot20 Rupees Per Lot
Commodity Trading0.03% or 0.03 Rupees0.02% or 0.02 Rupees
Minimum Brokerage25 Rupees per trade or 2.5% of the trade value whichever is lowerNIL
Hidden ChargesInfo Not AvailableInfo Not Available
FundingYes – 18% interest PAInfo Not Available
Call & Trade ChargesFreeInfo Not Available

Also Read: Nirmal Bang Brokerage Calculator Online

Related Post:   SMC Global Vs Wisdom Capital In-Depth Comparison - Side by Side Compare

Assessment on Transaction Charge:

Again, the transaction charges are almost the same in price, in these organizations. Different offerings are mentioned below.

ParticularsSMC GlobalNirmal Bang
Equity Delivery325 Rupees Per Cr325 Rupees Per Cr
Equity Intraday325 Rupees Per Cr325 Rupees Per Cr
Equity Futures190 Rupees Per Cr190 Rupees Per Cr
Equity Options5000 Rupees Per Cr5000 Rupees Per Cr
Currency Futures110 Rupees Per Cr110 Rupees Per Cr
Currency Options4000 Rupees Per Cr4000 Rupees Per Cr
CommodityNon-Agri: 260 Rupees Per Cr  Agri: 175 Rupees Per CrNon-Agri: Rupees 260 Per Cr  Agri: Rupees 175 Per Cr

Assessment on Account Feature:

Account features and specifications are very essential to use a trading account properly. Both of SMC Global and Nirmal Bang offers so many essential features to their customers and enhance their trading experience.

ParticularsSMC GlobalNirmal Bang
3 in 1 Account facility
Charting facility
Algo Trading facility
SMS Alerts Service
Online Demo Service
Online Portfolio facility
Margin Trading Funding Availability
Combined Ledger for Equity and Commodity
Intraday Square-off Time facility3:15 PM3:15 PM
NRI Trading facility

SMC Global Vs Nirmal Bang Trading Terminal: 

The availability of several trading terminals is important to continue your trading from anywhere and anytime. It includes a desktop platform, web trading platform, Mobile site, etc. The relative comparison is listed below.

ParticularsSMC GlobalNirmal Bang
Desktop Trading PlatformODIN DietODIN Diet
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detailtrade.smcindiaonline.com/easytradenbtrade.nirmalbang.net/netnetlite
Mobile Site
Mobile Trading
Mobile Trading AppSMCEasyTradeBeyond
Android Mobile App
iPhone Mobile App (IOS)
Android Tablet App
iPad App (IOS)
Trading Software ChargesFreeInfo Not Available

Comapre Product: 

SMC Global provides some extra products to its customers. Besides Nirmal Bang also offers a lot. A comparative table is listed below.

Related Post:   Sharekhan Vs Indiabulls Venture (Subh)- Comparative Assessment
ParticularsSMC GlobalNirmal Bang
Equity Cash and F&O Availability
Currency Derivatives Availability
Commodity Availability
Online IPO Application Availability
Mutual Funds Availability
Bond / NCD Availability
ETF Availability
Banking Facility
Insurance service
Forex Availability
MF SIP Investment facility
Equity SIP Investment service
PMS Service Availability
Other Investment Options AvailabilityInsuranceNIL

SMC Global Vs Nirmal Bang Leverage/Margin

Margin rates are also very much considerable when you are investing in a specific company. A relative comparison of SMC Global & Nirmal Bang is mentioned below.

ParticularsSMC GlobalNirmal Bang
Equity Delivery Margin Maximum 3x leverage for equity delivery – conduct through Margin Funding system.Info Not Available
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 specific SPAN + Leverage.1x or specific SPAN + Leverage.
Options Margin 1x or specific SPAN + Exposure in Selling a share and Premium Margin in Buying a share.1x or specific 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 charges are included for Cover Order.Maximum 10x or 10% subject to Variable and ELM, no further charges are included for Cover Order.
Futures CO Margin 1x or specific SPAN + Exposure margin, No further charges are included for Futures Cover Order.1x or specific SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin 1x or specific SPAN + Exposure margin (Selling a share) or Premium Margin (Buying a share), No further charges are included for Options Cover Order.1x or specific SPAN + Exposure margin (Selling a share) or Premium Margin (Buying a share), No further charges are included for Options Cover Order.
Commodity Margin 1x or specific SPAN + Exposure in Selling a share and Premium Margin in Buying a share.1x or specific SPAN + Exposure in Selling a share and Premium Margin in Buying a share.

Also Read: Nirmal Bang Margin Calculator Online

nirmal bang demat account

Assessment on Customer Assistance:

Customer assistance is very important to get rid of any account or trading-related problems. A relative study of SMC Global and Nirmal Bang regarding margin is mentioned below.

ParticularsSMC GlobalNirmal Bang
24/7 Customer Service 
Email Support 
Online Live Chat 
Phone Support 
Toll Free Number 
Through Branches 
Customer Care Number 91-11-66075200Info Not Available
Account Opening Process Online/PaperlessInfo Not Available
Customer Support Email [email protected]Info Not Available
Knowledge Centre/Education smctradeonline.com/research/new-lettersInfo Not Available
Head Office Address SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
Info Not Available
Website smctradeonline.comInfo Not Available

Assessment on DEMAT Account Feature: 

Without a Demat account, no one can start trading. Some companies offer this, for free. SMC Global and Nirmal Bang have also the account opening facility in different charges. A relative table is detailed below.

 ParticularsSMC GlobalNirmal Bang
DP SourceCDSLCDSL
DP ID 19100No
DEMAT AMCINR.250 paINR.200 pa or INR.1000 for lifetime AMC
Advance DepositAMC will be charged in advance.NIL
Statutory chargesStamp Paper ChargesNil
Transaction Charges on Debit (Per ISIN)INR.120.03% of the transaction value (Min INR.15)
DEMATINR.3 per certificate + courier chargesINR.40 per DEMAT request + INR.40 for additional 50 certificate
REMATINR.20 for every hundred securities + courier charges0.04% of the value or INR.15 per certificate (whichever is higher)
Pledge CreationINR.50 per instruction0.02% of the transaction value (Min INR.100)
Pledge Creation ConfirmationINR.50 per instructionNil
Pledge ClosureINR.25 per instruction0.02% of the transaction value (Min INR.100)
Pledge Closure ConfirmationINR.25 per instructionNil
Pledge InvocationINR.25 per instruction0.02% of the transaction value (Min INR.100)
Failed Instruction ChargesINR.20Nil
Other ChargesNilNil
SMC Global Account Opening

Conclusion: 

The detailed relative study of SMC Global and Nirmal Bang shows the differences in terms of all offerings. It shows the benefits as well as the drawbacks, in comparison to each other.

It guides will guide you to choose one of them by proper documentation and research. It must be beneficial for you. You can experience the best facilities and can enhance your overall experience while trading.