IIFL Vs SMC Global | Broker Comparison | Find Best Broker |Best online brokers in india | Discover Broker

SMC Global

VS

IIFL

Background Services
Type of Broker Full Service Full Service
Founded 1995 1995
Active Clients 1,05,981 2,14,149
Product Offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds. Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits.
Depository NSDL & CDSL CDSL
Advisory / Research tips
Advisory Yes Yes
Charges
Account Opening Charges
Trading Account Rs. 0 Rs. 0
Demat Account Rs. 0 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account Rs. 0 Free for 5 years, 6th year onwards 400 + GST
Demat Account Rs. 0 Free for 5 years, 6th year onwards 400 + GST
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery 0.3% on turnover 0.50% on turnover
Equity Intraday 0.03% on turnover 0.05% on turnover
Equity Futures Rs. 60 per lot 0.05% on turnover
Currency Futures Rs. 10 per lot 0.05% on turnover
Commodity Futures 0.03% on turnover -
Equity Options Rs. 60 per lot 1% on premium or Rs.100 per lot
Currency Options Rs. 10 per lot -
Commodity Options 0.03% on turnover -
Technology
Trading Platform Odin. IIFL Trader Terminal.
Features
Shortcut Keys Yes Yes
Heat Map Yes Yes
Charting Yes Yes
Intraday Data (Days) - -
EOD Data (Days) - -
Leverages
Equity Delivery 3 - 4x on turnover 5x on turnover
Intraday
Equity Spot 10x on turnover 10 - 15x on turnover
Equity Futures and Options 3 - 4x on ESM 10 - 12x on ESM
Currency Futures and Options 3 - 4x on ESM 10 - 12x on ESM
Commodity Futures and Options No leverage 10 - 12x on ESM
Intraday with BO & CO
Equity Spot 10x on turnover No leverage
Equity Futures and Options 3 - 4x on ESM No leverage
Currency Futures and Options 3 - 4x on ESM No leverage
Commodity Futures and Options No leverage No leverage
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat Yes Yes
Relationship Manager Yes Yes




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