Introduction:
SMC Global and Trading Bulls are very renowned companies of share market. They offer so many facilities and offerings to their valuable traders. But there are always some short and severe differences between their services. A detailed comparison of SMC Global vs Trade Bulls guide you to the better option of investing money.
SMC Global is one of the oldest stock broking houses with all India presence. It has 61 branches across India with a network of 2300 sub-brokers and numerous happy customers.
Being a full-service broking house it offers ample facilities, various products, and other services also.
On the other hand Trade Bulls Securities is a Mumbai based full-service broker established in 2009.
Known for providing free trading & DEMAT account & other different facilities, it is one of the most famous stockbrokers of India.
Highlights:
SMC Global:
- Margin & NRI trading facility.
- Brokerage Plan: Multiple plan
- 3-in-1 account not available.
- Featured product is available against charges.
- Research & advisory support available.
Trade Bulls Securities:
- Free trading account
- Free DEMAT account
- Forex trading facility available.
- Trading account AMC is free.
- Discount on Brokerage fee.
SMC Global Vs Trade Bulls Overview:
SMC Global & Trade Bulls Securities are here compared based on their organizational structure.
| Overview | Trade bulls Securities | SMC Global |
| Company Type | Private | Private |
| Broker Type | Full-Service Broker | Full-Service Broker |
| Headquarters | Mumbai | New Delhi, Delhi |
| Founder | Mr. Dinesh Thakkar | Subhash Aggarwal, Mahesh Gupta & D. K. Aggarwal |
| Established Year | 2009 | 1990 |
Assessment of Customer Ratings:
Comparing SMC Global & Trade Bulls Securities based on customer ratings we get these below mentioned details. Here we have compared both the brokers based on customer experience, products, services, brokerage fees, research information & trading platform.
| Customer Ratings | Trade bulls Securities | SMC Global |
| Experience | 7.0/10 | 6.0/10 |
| Products & Services | 7.6/10 | 7.1/10 |
| Brokerage Charges & Fees | 7.8/10 | 6.5/10 |
| Stock Research & Advisory | 6.6/10 | 6.3/10 |
| Trading Platforms | 6.8/10 | 6.2/10 |
| Overall Ratings | 7.2/10 | 6.4/10 |
Assessment on DEMAT Account Service:
Assessing SMC Global & Trade Bulls Securities based on DEMAT account services such as depository participants, account opening charges, DEMAT AMC charges, trading AMC charges, margin money, etc. we get this below-mentioned information.
| DEMAT Services | Trade bulls Securities | SMC Global |
| Depository Source | CDSL | CDSL & NSDL |
| Account Opening Charges | Free or Rs.299 | Rs.450 |
| DEMAT AMC Charges | Free or Rs.300 | Rs.300 per Annum |
| Trading AMC Charges | Free | Free |
| Margin Money | Rs.0 – Rs.300,000 | Rs.10,000 |
| Offline to Online | ✔ | ✔ |
Also Read: How to Open Demat Account in Different Broker
SMC Global Vs Trade Bulls Brokerage Charges
SMC Global & Trade Bulls Securities are hereby compared based on the brokerage charges. Both SMC Global & Trade Bulls Securities have a minimum brokerage, free trading AMC for their investors.
| Brokerage Charge & Fees | Trade bulls Securities | SMC Global |
| Equity Delivery Trading | 0.10% – 0.30% | 0.30% |
| Equity Intraday Trading | 0.010% – 0.030% | 0.03% |
| Commodity Options Trading | 0.010% – 0.030% | 0.03% |
| Equity Futures Trading | 0.010% – 0.030% | 0.03% |
| Equity Options Trading | Rs.50 – Rs.80 per Lot | Rs.70 per lot |
| Currency Futures Trading | 0.010% – 0.030% | 0.03% |
| Currency Options Trading | Rs.50 – Rs.80 per Lot | Rs.20 per lot |
| Minimum Brokerage | Rs.30 per Trade | Rs.15 per executed order |
| DEMAT AMC Charges | Free or Rs.300 | Rs.300 |
| Trading AMC Charges | Free | Free |
| Margin Money | Rs.0 – Rs.300,000 | Rs.10,0000 |
Also Read: Tradebulls Brokerage Charges Full Explain
Assessment on Other Charges:
SMC Global & Trade Bulls Securities both have some administrative charges for their customers. The charges are compared here below.
| Other Charges | Trade bulls Securities | SMC Global |
| Transaction Charges | 0.00325% of Total Turnover | 0.00315% 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) |
Also Read: Tradebulls Margin Calculator Online
Assessment on Offers:
SMC Global & Trade Bulls Securities have different offers for their investors. Some of the offers are compared here below.
| Offers | Trade bulls Securities | SMC Global |
| 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 | ✖ | ✖ |
Assessment of Services:
Here we have compared SMC Global & Trade Bulls Securities based on services offered. Parameters are- DEMAT service, trading service, 3-in-1 account, IPO service, etc.
| Services | Trade bulls Securities | SMC Global |
| DEMAT Services | ✔ | ✔ |
| Trading Services | ✔ | ✔ |
| 3 in 1 Account | ✖ | ✖ |
| Intraday Services | ✔ | ✔ |
| IPO Services | ✔ | ✔ |
| Stock Recommendations | ✔ | ✔ |
| Robotic Advisory | ✖ | ✖ |
| PMS | ✔ | ✖ |
| Trading Institution | ✔ | ✔ |
| Trading Exposure | Up to 60x | Up to 10X |
Assessment on Research & Advisory:
SMC Global & Trade Bulls Securities are hereby compared based on their extensive research & advisory offerings. Various reports like annual reports, research reports, tips, IPO reports, fundamental reports, etc.
| Research & Advisory | Trade bulls Securities | SMC Global |
| 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 Trade Bulls Leverage/Margin
Different kinds of leverages are offered by SMC Global & Trade Bulls Securities such as- equity delivery, equity intraday, equity futures, equity options, currency futures, options & commodity. Considering the leverage, we can compare SMC Global & Trade Bulls Securities as below.
| Exposure / Leverage | Trade bulls Securities | SMC Global |
| Equity Delivery | Up to 6x | Up to 3X |
| Equity Intraday | Up to 60x | Up to 10X |
| Equity Futures | Up to 20x | Up to 2X |
| Equity Options | Up to 20x | Up to 3X |
| Currency Futures | Up to 10x | Up to 2X |
| Currency Options | Up to 10x | Up to 3X |
| Commodities | Up to 40x | Up to 2X |
Assessment on Products:
SMC Global & Trade Bulls Securities are hereby compared based on their product offering. Both the broker offers equity trading, commodity trading, currency trading, Options trading, Futures option, mutual fund trading & SIP trading to their customer.
| Products | Trade bulls Securities | SMC Global |
| Equity Trading | ✔ | ✔ |
| Commodity Trading | ✔ | ✔ |
| Currency Trading | ✔ | ✔ |
| Options | ✔ | ✔ |
| Futures | ✔ | ✔ |
| Mutual Funds | ✔ | ✔ |
| Forex | ✔ | ✖ |
| Banking | ✖ | ✖ |
| SIP | ✔ | ✔ |
| Insurance | ✖ | ✖ |
SMC Global Vs Trade Bulls Trading Platform:
We hereby compared SMC Global & Trade Bulls Securities based on their trading platform offering. Parameters are considered such as- desktop platform, mobile trading, online mutual fund trading, online research reports, etc. to get detailed reports.
| Trading Platforms | Trade bulls Securities | SMC Global |
| 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 | ✔ | ✖ |
Comparison of Customer Support:
SMC Global & Trade Bulls Securities hereby compared based on their customer support. Both organizations offer various channels to help out their customers like- personalized relationship manager, online & offline trading support, email support, physical branches, etc.
| Customer Support | Trade bulls Securities | SMC Global |
| Dedicated Dealer | ✔ | ✔ |
| Offline Trading | ✔ | ✔ |
| Online Trading | ✔ | ✔ |
| 24*7 Support | ✖ | ✖ |
| Email Support | ✔ | ✔ |
| Chat Support | ✖ | ✖ |
| Toll-Free Number | ✖ | ✖ |
| Branches | 10 | 250 |
Compare Complaint Handled:
SMC Global & Trade Bulls Securities both have been compared hereby considering the complaints handled by both the organizations.
| Complaints (Current Year) | Trade bulls Securities | SMC Global |
| Lodged in BSE | 168 | 225 |
| Resolved in BSE | 162 | 217 |
| Lodged in NSE | 203 | 248 |
| Resolved in NSE | 200 | 237 |
Conclusion:
Finally, we can say that SMC Global & Trade Bulls Securities both are market competitors in the full-service broker segment. Both offer some similar facilities and some complementing services also.
But an individual needs to learn the feature of each broker so that they can take a wise decision to invest their hard-earned money.
