Follow the article at length to get hints on the benefits of having the SMC Demat Account and SMC Trading Account. Also, know a bit about the FAQ related to that as well.
A stock broking company with the right intention came into the vision with a goal to help investors. They are here to assist clients with suitable investment policies and its customer-oriented approach makes it the perfect choice.
Therefore, the customers willfully accept the proposal of having Demat and trading account with SMC Global.
Summary | |
Depository Participant | CDSL & NSDL |
Account Opening Charges | Rs 499 |
Demat AMC | Rs.200 per Annum |
Trading AMC | NIL |
Margin Required | 75% Margin |
Dematerialization Available | Yes |
What is SMC Demat Account & its Benefits?
Demat accounts let you hold down on your shares, and make returns from the invested money digitally.
A person with a strong motive to multiply wealth should have a Demat account. However, the point is which company comes up with the best deal. In that respect, you can undoubtedly consider the SMC global.
It is because the company is a depository member of legitimate authorities like the NSDL as well as the CDSL. Therefore, without any second thought, just grab the SMC Demat account.
Benefits of opening the Demat account with the stock broking company SMC Global:
- First, if you have a Demat account then the company will allow dematerialization. That means you can get the physical shares in electronic format.
- The company transfers the security details directly to your Demat account.
- Less need for paperwork, therefore definitely it becomes very easy to handle actually.
- The account opening charge for the Demat account is free.
Open Demat Account with SMC Global Now! – Fill up the Form
What is SMC Trading Account & its Benefits?
Trading accounts lets you place active order. It is time to experience a new age of online trading with SMC Global. Therefore, go for SMC Trading Account to experience some of the outstanding features such as SMC Easy, SMC Privilege, and SMC Go.
Benefits that you can expect from the SMC Trading Account:
- The first privilege is that you place the trade order instantly. Once you complete that, you immediately get the confirmation on the order from the company.
- You do not have restrictions on trading based on geographical boundaries.
- The company maintains full transparency with its clients.
- They follow a secure and safe trading process.
- You will appreciate the feature like instant transferring of the funds. On top of that, the company assures the security of the payment gateways as well.
- Clients also have the liberty to avail of the back office details online only.
You can check Demat Account details of other Brokers
What are the SMC Demat Account Charges?
Charges | |
Which is the Depository Participant involved? | CDSL & NSDL |
What are the Demat account opening charges? | Rs.499 |
How much is the Demat Account AMC ? | Rs.200 per Annum |
What is the Trading Account AMC? | NIL |
What is the initial Margin amount required? | 75% Margin |
Is there any dematerialization available? | Yes |
It is good to have a Demat account especially if you want to double up your amount. Therefore, without much brooding explore the Demat account with the SMC global. You will be glad to know that SMC Global Account Opening Charges are nominal.
Precisely, SMC Demat Account Charges for opening the account is Rs.499. Remember that you have to pay this amount for one time only. However, the company requests its clients to be ready with the initial margin amount. In this case, you need to have a 75% Margin.
How much is SMC Global AMC or Annual Maintenance Charge?
SMC global appears to the clients as the one-stop financial solution. Therefore, clients will not mind their charging norms. In that regard, note that SMC Global AMC for the Demat account is Rs.200.
However, this is a yearly charge, therefore, not so burdensome at all. On the other hand, the company went too liberal with the trading account AMC, which means it kept it free. Undoubtedly, the clients will like their way of balancing the brokerage charges.
How to Open SMC Demat Account?
To open an SMC Demat account, you have to make sure that you follow the most basic steps jotted down below:
- Click on the option called “Open Demat account”.
- Once you land up on the pop-up form, put up the details like the name, email address, mobile number, state, and city.
- After entering, the details just click the – submit now button.
- However, make sure that you input all other details like the Pan card, Aadhaar card, voters card, driving license, and lastly submit a canceled cheque as well.
- The company after receiving the documents will conduct a telephone call.
- If they feel like everything is true to your submission, then they will activate the Demat account including the trading account.
- Moreover, they will forward all the login details to your registered email id.
Find out the Demat Account Opening Process of other Brokers
General FAQs on SMC Demat & Trading Account
Here are the general FAQs of SMC Global :
Does SMC Global provide a Free Demat A/C offer?
No, SMC global does not offer a free-of-cost Demat account to the clients.
Does SMC Global provide Free Trading A/C offer?
Yes, it offers a free trading account to the customers.
Is SMC Global offering Discount on Brokerage?
Yes, the Company SMC Global offers a discount brokerage facility to clients.
Does SMC Global offer Happy hour trading to their clients?
No, there is no such happy hour trading listed in the company offerings.
Is SMC Global providing a flexible brokerage plan?
Yes, definitely the company SMC Global offers a flexible brokerage plan to the clients.
SMC Demat Account – Conclusion
It is time to wrap up this article, clients will always accept having SMC Demat Account. It is because, as a global company it shares a strong position in the stock broking arena. Today SMC Global is a brand name with proficiency and experience in the broking field.
For more input, you can roll up on their site and catch up on the broking deals at once. Do not worry, the company will not charge any exorbitant amount from you.
Open Trading Account with SMC Global Now! – Fill up the Form
Here are full demat account reviews of other brokers
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