SMC Global Vs Wisdom Capital: Relative Comparison
SMC Global Limited is an Indian company which deals in financial services and instruments. It provides various services to its customers for online trading, brokerage services, investment banking and wealth management.
SMC global caters to customers all over the world and has offices in India as well as Dubai. SMC global has a huge business with more than 18 lakh clients in 500 cities across the world.
SMC Global has a global workforce of more than 3000 employees. Nearly 2000 sub-brokers are associated with SMC Global.
Wisdom Capital is an Indian online discount brokerage company. It is a joint venture of two financial companies between Wisdom Capital and Ashlar Securities.
Wisdom Capital provides brokerage services for financial services such as stocks, currency, commodities. Wisdom capital enables its customer to trade stocks in NSE and BSE.
Wisdom Capital also provides tools to make better investing decisions.
When we compare SMC Global vs Wisdom Capital, we can say that SMC Global has a greater range of financial products and services being offered to customers than Wisdom Capital.
Let us now go through side by side comparison of both the Indian Brokerage companies.
We have presented the comparison of SMC Global and Wisdom Capital by reviewing different factors such as Brokerage Plan, Plan Types, Feed, Ratings.
The comparison will help you in making an informed decision while selecting from the list of Brokerage firms in India.
The study and differentiation provided here, are from deep research.
The stock market, equity market, or share market is the place where investors buy several shares of companies or sell it.
SMC Global:
SMC Global facilitates its customers to trade online into equity, derivatives, commodities & currency. It also offers its customers to invest in IPOs and mutual funds using any digital device (smartphone, laptop, desktop, tablet). SMC Global is a financial services company and is ‘Full-Service Broker’.
SMC Global charges brokerage range is 0.03% to 0.3%
Wisdom Capital:
Wisdom Capital is an online discount brokerage firm. It deals in and offers brokerage services for stocks, currency and commodities. Wisdom Capital offers customers to perform buying and selling of stock, currency and commodities. Wisdom Capital is a ‘Discount broker’.
Wisdom Capital offers three plans for trading: Freedom Plan, Pro Plan and Ultimate Plan.
Wisdom Capital charges Zero brokerage in Freedom Plan, Rupees 9 per trade transaction in Pro Plan and Rs 15 per lot in options in the Ultimate Plan.
SMC Global and Wisdom Capital are rated 3.9 and 3.6 respectively out of 5.
Also Read: 5paisa Vs Wisdom Capital Comparison
Comparisons of SMC Global Vs Wisdom Capital:
SMC Global | Wisdom Capital | |
Overall rating | ★★★★ | ★★★ |
Brokerage charge | ★★★ | ★★ |
Investment offering | ★★★★ | ★★★ |
Trading platform | ★★★★★ | ★★★ |
Broker type | Full services broker | Discount broker |
Exchange supported | NSE, BSE, MCX, NCDEX | NSE, BSE, MCX, NCDEX |
Broker inquiry | Request a call-back | Request a call-back |
Broker overview | SMC Global is a full services broker and allows for trading of stocks, as well as investment banking and wealth management. | It allows selling and buying of stocks, currency and commodities in an online manner and manage your portfolio effectively. |
Brokerage Plans of SMC Global and Wisdom Capital:
Brokerage plan gives us the information about how much a Stock Broker will charge for each transaction. Plans are one of the most important factors while selecting a Brokerage Firm. Let’s have a look at different plans offered by SMC Global and Wisdom capital.
Wisdom Capital offers three plans for trading: Freedom Plan, Pro Plan and Ultimate Plan.
SMC Global doesn’t offer different plans. Both the organizations do not offer yearly and monthly plans to customer.
Plan types | SMC Global | Wisdom Capital |
Multiple plans | ✖ | ✔ |
Monthly plans | ✖ | ✖ |
Yearly plans | ✖ | ✖ |
SMC Global and Wisdom Capital Brokerage Plans:
Plans | SMC Global | Freedom Plan | Pro Plan | Ultimate Plan |
Trading Account Opening | Free | Free | Free | Free |
Validity | Lifetime | Lifetime | Lifetime | Lifetime |
Brokerage in FNO (NSE/MCX) | 0.03% to 0.3% Equity Options: Rs. 70/lot Currency Options: Rs. 20/lot | ZERO (0%) | 9/Trade | Future: 0.005 (NSE/MCX), Option : Rs. 15/Lot |
Call & Trade Charges | 25/Executed Order | 20/Executed Order | 20/Executed Order | 20/Executed Order |
Free Demat Opening | Rs. 499 | Yes | Yes | Yes |
Demat Maintenance Cost | Rs 300 Yearly | Lifetime 999+ Taxes | Lifetime 999+ Taxes | Lifetime 999+ Taxes |
Trading Software Nest | Free | Free | Free | Free |
Also Read: SMC Global Brokerage Calculator Online
Comparisons:
Investment offerings:
Comparison between SMC Global and Wisdom Capital on investment offerings basis.
- Commodity trading – Both of the companies (SMC Global and Wisdom Capital) offers all the trading options in commodity (mcx).
- Online mutual fund investment- Both of the companies (SMC Global and Wisdom Capital) offers the option of online mutual funds investment.
- Portfolio management services (PMs)– Both of the companies (SMC Global and Wisdom Capital) provides all the PMs services. You can invest your money in equity/stocks /bonds using PMs.
SMC Global Vs Wisdom Capital Transaction Charges:
Capital Transaction Charges | SMC Global | Wisdom Capital |
Equity Delivery | 0.0035% | 0.0035% |
Equity Intraday | 0.0035% | 0.0035% |
Equity Futures | 0.0029% | 0.0028% |
Equity Options | 0.065% (on premium) | 0.06% (on premium) |
Currency Futures | 0.0029% | |
Currency Options | 0.065% (on premium) | |
Commodity | 0.0030% | 0.0025% |
SMC Global Vs Wisdom Capital Exposure Margin:
Capital Exposure Margin | SMC Global | Wisdom Capital |
Equity Delivery | Upto 3x | 5x to 40x (dependent on brokerage plan) |
Equity Intraday | Upto 10x Intraday | 5x to 40x (dependent on brokerage plan) |
Equity Futures | Upto 2x | 5x to 20x (dependent on brokerage plan) |
Equity Options | NA | 5x to 40x (dependent on brokerage plan) |
Currency Futures | NA | 4x to 15x (dependent on brokerage plan) |
Currency Options | NA | 4x to 15x (dependent on brokerage plan) |
Commodity Futures | NA | 5x to 20x (dependent on brokerage plan) |
Commodity Options |
Also Read: Wisdom Brokerage Calculator Online
SMC Global vs Wisdom Capital – Feature Comparison:
Let’s go through the comparison of SMC Global with Wisdom Capital on Account Features like 3-in-1 account, Automated Trading, Margin Trading Funding and many more.
Account Type – both the brokers offer a 2-in-1 account which includes trading and Demat account.
Algo Trading – both offer Algo trading/Automated Trading/Robotic trading/Program Trading for equity.
Margin Funding – SMC Global offers margin funding where Wisdom Capital doesn’t offer margin funding.
NRI Trading – SMC Global offers NRI where Wisdom Capital doesn’t offer NRI Trading.
Feature Comparison | SMC Global | Wisdom Capital |
3 in 1 Account | ✖ | ✖ |
Charting | ✔ | ✔ |
Automated Trading | ✔ | |
SMS Alerts | ✔ | ✔ |
Online Demo | ✖ | |
Online Portfolio | ✔ | ✔ |
Margin Trading Funding Available | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
Trading Platform Other Features | SMC Privilege, Easy Trader, Mobitrader, Tab Trader | NEST, NSE NOW, BOLT |
Robo Advisory | ✖ | ✖ |
Relationship Managers | ✔ | ✖ |
Market Tips | ✔ | ✖ |
Also Read: Wisdom Cap Margin Calculator Online
Customer services offerings:
Let’s compare SMC Global versus Wisdom Capital on customer services
Compare SMC Global with Wisdom Capital on customer services offered by the broker. Compare all the services provided by each broker for a quick tenacity for all functionalities.
Customer service compare | SMC Global | Wisdom Capital |
24 into 7 Customer services | Not available | Not available |
Email support | Available | Available |
Online live chat | Not Available | Available |
Phone support | Available | Available |
Toll-free number | Available | Available |
Customer care number | 1800-11-0909 | 1800-3000-5084 |
Account opening process | Both online and offline process is available | Both online and offline process is available |
Customer support email | [email protected] | help@wisdomcapital.in |
Knowledge centre | smctradeonline.com | wisdomcapital.in/ |
Education | smctradeonline.com | wisdomcapital.in/ |
Head office address | SMC Global Securities Limited. 11 by 6b. Shanti chamber Pusa Road. New Delhi. 110005 | Wisdom Capital, A-38, Sector 67, Noida, Uttar Pradesh 201301 |
Website | smctradeonline.com | wisdomcapital.in/ |
SMC Global | Wisdom Capital | |
Fees Ratings | ||
Trading Brokerage Rating | ||
Trading Platform Usability | ||
Customer Service Ratings | ||
Overall Ratings | ||
Broker Rating | 3.9 / 5 | 3.6 / 5 |
Conclusion
SMC Global and Wisdom Capital both are decent companies for stock trading and other services. They differ in terms of products and services, but all the significant and small differences must be noticed before looking at any of them.