A smart way of investing is to check the SMC Global Brokerage Charges and SMC Global Charges prior to opening the accounts. For more verified information, you can read the rest of the article below. Also to provide a better idea of the company, we have the FAQ section as well.
The top most brokerage destination in India benefits clients with lots of financial opportunities. Like, you can invest in stocks, shares, IPO and mutual funds. Besides that, you can increase your hard-earned capital by trading as well, with SMC Global.
|Equity Delivery Trading||0.30%|
|Equity Intraday Trading||0.03%|
|Margin Money||75% Margin|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs 20 per instruction|
What are the SMC Global Brokerage Charges?
|What are the Equity Delivery Charges?||0.30%|
|What are the Equity Intraday Charges?||0.03%|
|What is the brokerage on Equity Futures?||0.03%|
|How much brokerage charged for Equity Options?||Rs.70 per lot|
|What is the brokerage on Currency Futures?||0.03%|
|What is the brokerage on Currency Options?||Rs.20 per lot|
|How much brokerage charged for Commodity Trading?||0.03%|
|Brokerage Calculator||SMC Global Brokerage Calculator|
SMC Global Brokerage Charge is conveniently structured. Therefore, clients can pay that easily without any headache. For more, you should follow the table. The stock broking companies do charge the brokerage price depending on the future and cash counterpart of the finance market.
For further clarity on the price, you can use SMC global brokerage calculator.
For example, SMC Global Brokerage Charges for equity delivery is 0.30%. But for intraday, equity future and for commodity trading you have to pay 0.03%. In the meantime, the percentage for the currency options is Rs.20 for each segment. In addition, Rs.70 for each lot is the price of equity options.
Open Demat Account with SMC Global Now! – Fill up the Form
What are the SMC Global Account Opening Charges?
|Account Opening Charges|
|Is there any Trading Account Charges [One Time]?||NIL|
|How much is the Trading Account AMC [Yearly]?||NIL|
|Is there any Demat Charges [One Time]?||Rs 499|
|How much is the Demat AMC [Yearly]?||Rs 200|
|Any minimum Margin Money required?||75% Margin|
SMC Global Account Opening Charges are lined up in a tabular format. Go through it to understand at length. Every stock broking company has their own account opening charging policies. In addition, they do design the rates as needed. Like, you can see that SMC Global Demat Charges for one time is Rs 499.
Again, they do charge the yearly demat account charge which is Rs.200. In addition, SMC Global Trading Charges for one time is Rs.NIL. However, you do not have to pay anything as the yearly trading charge. In the meantime, keep a note that you have to pay the minimum margin amount, which is 75% Margin.
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What are the SMC Global Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||0.0025%|
|What are the Transaction Charges for Equity Intraday?||0.0025%|
|How much is the Transaction Charges for Equity Futures?||0.0029%|
|How much is the Transaction Charges for Equity Options?||0.065% (Premium only)|
|What are the Transaction Charges for Currency Futures?||0.0029%|
|What are the Transaction Charges for Currency Options?||0.065% (Premium only)|
|Any Transaction Charges for Commodity Trading?||0.0020%|
SMC Global Transaction Charges are jotted below in a row and column format. Follow them to know about the brokerage rate pricing details.
The stock exchanges of India like the Bombay stock exchange and the National stock exchange do demand the Transaction charges. Like for this company, SMC Global Charges for the equity delivery, and intraday are equal. That means, for both you need to pay 0.0025%.
On the other hand, the transaction charge for the equity future is 0.0029%. You have to pay 0.065% on premium for the equity and currency options. Note that, for commodity trading and currency futures the charges are 0.0020% and 0.0029% respectively.
What are the other remaining SMC Global Charges?
|How much is the Transaction Charges levied?||0.0025% of Total Turnover|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)|
|How are the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs 20 per instruction|
|Any charges Account Closure?||NIL|
|What are the Dematerialisation Charges?||Rs 5/- per certificate|
SMC Global Charges / Govt Charges follow STT, transaction, stamp duty GST, margin funding, reactivation, and dematerialization. Read them at once to know the percentage charged. Other charges fall under the regulations of the Government so you can presume that you are supposed to pay those charges.
Note the first is the transaction charge and as per that, you have to pay 0.0025% of Total Turnover. Besides that, the STT charge, which is the next biggest, demands a percentage of 0.0126% of Total Turnover from the clients.
In addition to that, you need to pay the Stamp duty charge, which is ranging between 0.002% – 0.004%. Note that this charge varies according to the state wise. The Goods and services tax is 18% but including that, you need to pay the transaction and the brokerage charge as well.
You also need to pay the SMC Global Charges for reactivation, which is Rs.20. One plus factor is that the company does not charge anything for account closure. In addition, the amount charged for the dematerialization is only Rs.5, which is much less compared to other stockbroking companies.
Check out Charges of other Stock Brokers
General FAQs on SMC Online Charges
Lets have a look at the FAQs on SMC Global Charges:
Does SMC Online provide fixed brokerage options?
No, SMC Global does not offer any fixed brokerage price options to clients.
Does SMC Online have different brokerage charges for penny stocks?
No, SMC Global does not have different brokerage charge for penny stocks.
Can I calculate SMC Online brokerage even before I place a Trade?
Yes, you can calculate SMC Global brokerage price before you decide to place the trading order.
Can I calculate SMC Online margin / limit / exposure?
Yes, you can calculate SMC Global exposure before you decide to place the trading order.
Is there any account opening fees by SMC Online?
Yes, you have to pay the account opening fees to SMC Global.
Is there any AMC levied by SMC Online?
No, there is no AMC levied by the stockbroking company SMC Global.
SMC Global Charges – Conclusion
Finally, the SMC global is always at your service to guide you in all ways, right from scratch so, that you may progress swiftly. So, we would like to mention that you do not hesitate to open an account.
In the meanwhile, verify SMC Global Charges and SMC Global Demat Charges. Do not worry, the price is reasonable and will not cost you much at all.
Open Demat Account with SMC Global Now! – Fill up the Form
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