Introduction:
These broker companies are famous in share market for their services and offerings from so many years. So many traders are connected with these companies. These companies offer so many facilities and account features.
But there are so many differences in their offering systems and policies. If a trader goes through a clear comparison of SMC Global vs Profit Mart, then it will be better for him, to go for the better company, as per his requirements.
SMC Global is one of the renowned private companies in the share market. It came in share market before Profit Mart. They also provide trading AMC for free of cost.
Besides, Profit Mart is also a very famous company in the share market. They provide a free trading account to their customers.
With a great customer support system, Profit Mart is serving traders from 2010.
Relative Assessment on Overview:
Here is the basic overview of SMC Global and Profit Mart. Both of these are a full-service broker organization. These details are listed below.
| Overview | SMC Global | Profit Mart Securities |
| Company Type | Private | Private |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | New Delhi, Delhi | Mumbai, India |
| Founder | Subhash Aggarwal, Mahesh Gupta & D. K. Aggarwal | Niranjan Mahajan, Nayan Bhandari, Rudasan R K |
| Established Year | 1990 | 2010 |
Relative Assessment on Customer Rating:
Customers of these two companies are sharing their experiences on different platforms. Based on customer reviews and ratings, traders can get a basic concept of the company features. A relative study on SMC Global and Profit Mart regarding customer rating is listed below.
| Customer Ratings | SMC Global | Profit Mart Securities |
| Experience | 6.0/10 | 6.2/10 |
| Products & Services | 7.1/10 | 7.0/10 |
| Brokerage Charges & Fees | 6.5/10 | 6.8/10 |
| Stock Research & Advisory | 6.3/10 | 7.0/10 |
| Trading Platforms | 6.2/10 | 7.0/10 |
| Overall Ratings | 6.4/10 | 6.8/10 |
Relative Assessment on DEMAT Service:
Demat account opening is the primary step to invest in different shares. Profit Mart offers this, for free of cost, where SMC Global charges something. A detailed list is mentioned below.
| DEMAT Services | SMC Global | Profit Mart Securities |
| Depository Source | CDSL & NSDL | CDSL |
| Account Opening Charges | Rs.450 | Zero |
| DEMAT AMC Charges | INR.300 per Annum | INR. 999 One Time Fee |
| Trading AMC Charges | Free | Free |
| Margin Money | INR.10,000 | Minimum INR.10,000 |
| Offline to Online | ✔ | ✔ |
Also Read: Profit Mart Vs Finvasia Comparison: Demat, Brokerage, Margin
SMC Global Vs Profit Mart Brokerage Fee:
SMC Global & Profit Mart offers different brokerage charges. It includes equity delivery, equity intraday, equity options, equity futures, etc. Almost all the brokerage charges are the same, in spite of that trader faces some differences. A relative table is listed below.
| Brokerage Charge & Fees | SMC Global | Profit Mart Securities |
| Equity Delivery Trading | 0.30% | 0.30% |
| Equity Intraday Trading | 0.03% | 0.01% |
| Commodity Options Trading | 0.03% | 0.01% |
| Equity Futures Trading | 0.03% | 0.01% |
| Equity Options Trading | INR.70 per lot | INR.25 per lot |
| Currency Futures Trading | 0.03% | 0.01% |
| Currency Options Trading | INR.20 per lot | INR.25 per lot |
| Minimum Brokerage | INR.15 per executed order | 0.01% for transaction |
| DEMAT AMC Charges | INR.300 | Free |
| Trading AMC Charges | Free | Free |
| Margin Money | INR.10,0000 | Minimum INR. 10,000 |
Also Read: ProfitMart Brokerage Calculator Online – Lowest Brokerage
Relative Assessment on Other Fees:
There are so many other fees or charges in these organizations. All the additional charges are taken by both of them. It includes STT, GST, Transaction charges, etc. A detailed comparison of SMC Global vs Profit Mart is listed below.
| Other Charges | SMC Global | Profit Mart Securities |
| Transaction Charges | 0.00315% of Total Turnover | 0.00325% of Total Turnover |
| STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover |
| SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover |
| Stamp Duty | Depends on State (very minimal) | Depends on State (very minimal) |
| GST | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) |
| Offers | SMC Global | Profit Mart Securities |
| Free DEMAT Account | ✖ | ✖ |
| Free Trading Account | ✔ | ✔ |
| Discount on Brokerage | ✔ | ✔ |
| Trading Happy Hours | ✖ | ✖ |
| Flexible Brokerage Plans | ✔ | ✔ |
| 1 Month Brokerage Free | ✖ | ✖ |
| Holiday Offers | ✔ | ✔ |
| Referral Offers | ✔ | ✔ |
| Zero Brokerage for Loss Making Trades | ✖ | ✖ |
Relative Assessment on Services:
So many services like DEMAT service, trading service are related to trading. Most of these services are provided by both of these private organizations. A comparative study is below.
| Services | SMC Global | Profit Mart Securities |
| DEMAT Services | ✔ | ✔ |
| Trading Services | ✔ | ✔ |
| 3 in 1 Account | ✖ | ✖ |
| Intraday Services | ✔ | ✔ |
| IPO Services | ✔ | ✔ |
| Stock Recommendations | ✔ | ✔ |
| Robotic Advisory | ✖ | ✖ |
| PMS | ✖ | ✖ |
| Trading Institution | ✔ | ✖ |
| Trading Exposure | Up to 10X | Up to 20x |
Also Read: Profitmart Margin Calculator Online
Relative Assessment on Research:
In the share market all the previous reports are very important to invest in a better way. Almost all the reports are provided by SMC Global and Profit Mart. It includes fundamental reports, research reports, annual reports, monthly reports, etc. All the provided reports are mentioned below.
| Research & Advisory | SMC Global | Profit Mart Securities |
| Fundamental Reports | ✔ | ✔ |
| Research Reports | ✔ | ✔ |
| Company Reports | ✖ | ✔ |
| Annual Reports | ✔ | ✔ |
| Company Stock Review | ✖ | ✔ |
| Free Stock Tips | ✔ | ✔ |
| IPO Reports | ✔ | ✖ |
| Top Picks | ✔ | ✖ |
| Daily Market Review | ✔ | ✔ |
| Monthly Reports | ✔ | ✔ |
| Weekly Reports | ✔ | ✔ |
| Offline Advisory | ✔ | ✔ |
| Relationship Manager | ✔ | ✔ |
SMC Global Vs Profit Mart Leverage/Margin
All the margin rates are different in SMC Global and Profit Mart. This leverage rates also influence your trading revenue. A relative study of SMC Global vs Profit Mart regarding leverage is listed below.
| Exposure/Leverage | SMC Global | Profit Mart Securities |
| Equity Delivery | Up to 3X | Up to 2X |
| Equity Intraday | Up to 10X | Up to 6X |
| Equity Futures | Up to 2X | Up to 3X |
| Equity Options | Up to 3X | Up to 2X |
| Currency Futures | Up to 2X | Up to 2X |
| Currency Options | Up to 3X | Up to 3X |
| Commodities | Up to 2X | Up to 2X |
Relative Assessment on Products:
Both of SMC Global & Profit Mart offers different products to their customers. Products like features, banking, SIP and all, actually make your trading easier. A comparison of products is mentioned below.
| Products | SMC Global | Profit Mart Securities |
| Equity Trading | ✔ | ✔ |
| Commodity Trading | ✔ | ✔ |
| Currency Trading | ✔ | ✔ |
| Options | ✔ | ✖ |
| Futures | ✔ | ✔ |
| Mutual Funds | ✔ | ✔ |
| Forex | ✖ | ✖ |
| Banking | ✖ | ✖ |
| SIP | ✔ | ✖ |
| Insurance | ✖ | ✖ |
Relative Assessment on Trading Platform:
So many different trading platforms are available in the market. SMC Global and Profit Mart provide many of them. It includes mobile site platform, real-time update, portfolio details etc. These products allow you to access you, your account anytime. Besides, it provides so many modern facilities to go for higher revenue. A clear comparison of trading products is mentioned below.
| Trading Platforms | SMC Global | Profit Mart Securities |
| Desktop Platform – Windows | ✔ | ✔ |
| Desktop Platform – Mac | ✔ | ✖ |
| Desktop Browser Platform | ✔ | ✖ |
| Mobile Site Platform | ✖ | ✖ |
| Android App Platform | ✔ | ✔ |
| iOS App Platform | ✔ | ✔ |
| Windows App Platform | ✖ | ✔ |
| Other Mobile OS Platform | ✖ | ✖ |
| Real time Updates | ✔ | ✔ |
| Portfolio Details | ✔ | ✖ |
| Online MF Buy | ✔ | ✖ |
| News Flash | ✔ | ✖ |
| Research Reports | ✖ | ✔ |
| Easy Installation | ✔ | ✔ |
| Global Indices | ✔ | ✖ |
| Stock Tips | ✔ | ✔ |
| Personalized Advisory | ✖ | ✖ |
| Interactive Charts | ✔ | ✔ |
| Live Markets | ✔ | ✔ |
| SMS Alerts | ✖ | ✔ |
| Email Alerts | ✔ | ✔ |
| Multi Account Management | ✖ | ✖ |
Relative Assessment on Customer Support:
The support system of the company is very important for their consumers. SMC Global has a higher number of branches (250), which makes them more efficient and supportive of their customers. But Profit Mart also provides a decent customer support service. A detailed comparison will show the features of their customer service.
| Customer Support | SMC Global | Profit Mart Securities |
| Dedicated Dealer | ✔ | ✔ |
| Offline Trading | ✔ | ✖ |
| Online Trading | ✔ | ✔ |
| 24*7 Support | ✖ | ✖ |
| Email Support | ✔ | ✔ |
| Chat Support | ✖ | ✖ |
| Toll Free Number | ✖ | ✖ |
| Branches | 250 | 16 |
Customer Complaint handled:
It is also a different corner of these organizations. It shows you the compatibility of these companies with their traders. It also expresses your future trading experience with these organizations. A clear comparison of SMC Global and Profit Mart regarding this, is mentioned below.
| Complaints (Current Year) | SMC Global | Profit Mart Securities |
| Lodged in BSE | 225 | |
| Resolved in BSE | 217 | |
| Lodged in NSE | 248 | 3 |
| Resolved in NSE | 237 | 3 |
Conclusion:
The comparative study tables show all kinds of features and products of these two organizations. Also, you can get a clear concept of the different charges like account opening charges, AMC, transaction charges, etc.
In this way, you can get an overview and can choose the better one. This comparison of SMC Global vs Profit Mart guides you to invest on a better option.
Stockquantum was founded by Dharmendra Mukati in 2018. I am a Trader and Investor in the last 10 years.
I am writing here about stock broker review, broker comparison, IPO investment, Crypto currencies, technical analysis, fundamental analysis, sub brokership, mutual fund, personal finance, and our experiences.