SMC Global Vs Wisdom Capital In-Depth Comparison – Side by Side Compare

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 GlobalWisdom Capital
Overall rating★★★★★★★
Brokerage charge★★★
★★
Investment offering★★★★
★★★
Trading platform★★★★★★★★
Broker typeFull services broker Discount broker 
Exchange supportedNSE, BSE, MCX, NCDEXNSE, BSE, MCX, NCDEX
Broker inquiryRequest a call-back Request a call-back 
Broker overviewSMC 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.
SMC Global Vs Wisdom Capital Review

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 typesSMC GlobalWisdom Capital
Multiple plans
Monthly plans
Yearly plans

SMC Global and Wisdom Capital Brokerage Plans:

PlansSMC Global Freedom PlanPro PlanUltimate Plan
Trading Account OpeningFreeFreeFreeFree
ValidityLifetimeLifetimeLifetimeLifetime
Brokerage in FNO (NSE/MCX)0.03% to 0.3% Equity Options: Rs. 70/lot Currency Options: Rs. 20/lotZERO (0%)9/TradeFuture: 0.005 (NSE/MCX), Option : Rs. 15/Lot
Call & Trade Charges25/Executed Order20/Executed Order20/Executed Order20/Executed Order
Free Demat OpeningRs. 499YesYesYes
Demat Maintenance CostRs 300 Yearly Lifetime 999+ TaxesLifetime 999+ TaxesLifetime 999+ Taxes
Trading Software NestFreeFreeFreeFree

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 ChargesSMC GlobalWisdom Capital
Equity Delivery 0.0035%0.0035%
Equity Intraday0.0035%0.0035%
Equity Futures0.0029%0.0028%
Equity Options0.065% (on premium)0.06% (on premium)
Currency Futures0.0029%
Currency Options0.065% (on premium)
Commodity0.0030%0.0025%

SMC Global Vs Wisdom Capital Exposure Margin:

Capital Exposure MarginSMC GlobalWisdom Capital
Equity Delivery Upto 3x5x to 40x (dependent on brokerage plan)
Equity IntradayUpto 10x Intraday5x to 40x (dependent on brokerage plan)
Equity FuturesUpto 2x5x to 20x (dependent on brokerage plan)
Equity OptionsNA5x to 40x (dependent on brokerage plan)
Currency FuturesNA4x to 15x (dependent on brokerage plan)
Currency OptionsNA4x to 15x (dependent on brokerage plan)
Commodity FuturesNA5x 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 ComparisonSMC GlobalWisdom 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 TraderNEST, NSE NOW, BOLT
Robo Advisory
Relationship Managers
Market Tips

Also Read: Wisdom Cap Margin Calculator Online

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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 compareSMC GlobalWisdom Capital
24 into 7 Customer servicesNot availableNot available
Email supportAvailableAvailable
Online live chatNot AvailableAvailable
Phone supportAvailableAvailable
Toll-free numberAvailableAvailable
Customer care number1800-11-09091800-3000-5084
Account opening processBoth online and offline process is availableBoth online and offline process is available
Customer support email[email protected]help@wisdomcapital.in
Knowledge centresmctradeonline.comwisdomcapital.in/
Educationsmctradeonline.comwisdomcapital.in/
Head office addressSMC Global Securities Limited. 11 by 6b. Shanti chamber Pusa Road. New Delhi. 110005Wisdom Capital, A-38, Sector 67, Noida, Uttar Pradesh 201301
Websitesmctradeonline.comwisdomcapital.in/
SMC GlobalWisdom Capital
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating3.9 / 5 3.6 / 5 
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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.

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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.