The side-by-side comparison of ICICIdirect and SMC Global Demat Account. Compare ICICIdirect Vs SMC Global Demat Account charges, AMC and Fees. Read SMC Global and ICICIdirect demat Account review.
Find out ICICIdirect Vs SMC Global which is better demat account and ICICIdirect Vs SMC Global which is best demat account.
Our ICICI Securities Pvt Ltd. demat account comparison with SMC Global Limited highlights the major differences between two brokers. Find the best demat between ICICIdirect and SMC Global.
| ICICIdirect | SMC Global | |
|---|---|---|
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| About the Broker | ICICI Direct is the online trading and investment platform of ICICI Securities Limited (I-Sec), a subsidiary of ICICI Bank Ltd. Launched in 1995, ICICI Direct offers a comprehensive financial marketplace catering to retail and institutional investors. ICICI Direct is registered with SEBI as a stockbroker, Merchant Banker, Portfolio Manager, Investment Adviser, and Research Analyst. It is also a Corporate Agent under IRDAI and a Point of Presence (POP) under PFRDA for distributing the National Pension Scheme (NPS). NSDL DP ID IN301348 and CDSL DP ID 16014300. | SMC is a leading financial service provider in India offering services across brokerage, investment banking, wealth management, financing, depository services, insurance broking, clearing services, mortgage advisory and real estate advisory to corporate, institutional, high net worth individuals and other retail clients. SMC India has customer base of over 16 lakhs customers and 50 branches & 2400+ registered sub brokers and authorized persons spread across 500+ cities. |
| DP ID | 16014300 | 12019100 |
| Contact Info | ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India. | 17, Netaji Subhash Marg, |
| Services Offered | The services offered include Equity, Derivatives, IPO, Mutual Funds, Fixed Deposits, Bonds, and Commodity trading at BSE and NSE. | Broking (Equity, Commodity & Currency Derivatives) at BSE, NSE and MCX, Mutual Funds & IPO, NBFC, Online Trading, Wealth Management, Investment Banking, Insurance, Real Estate, Research, Depository Participant CDSL & NSDL |
| Find more info about broker | ||
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| ICICIdirect | SMC Global | |
|---|---|---|
| Demat Account Opening Fee | No Fees | Nil. |
| Demat Account AMC | For Individual account: ₹700 p.a. For Corporate account: ₹500 p.a. (W.e.f. 01. Oct.2013) |
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| Advance Deposit | Rs. 0 | |
| ICICIdirect | SMC Global | |
|---|---|---|
| Dematerialisation Charges | ₹50 Per Demat Request Form and ₹3 For Each Certificates | Rs 5 Per Certificate (Rs 30 for 1st Certificate) Courier Charges Extra (Rs 25 for Local & Rs 40 for outstation courier) |
| Rematerialisation Charges | ₹25 + CDSL charges at actual | Rs 25 (For one certificate/100 shares) Courier Charges Extra(Rs 25 for Local & Rs 40 for outstation courier) |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) | Rs 0. (NIL Instruction submitted through Internet (E-inst / IVR) - 0.04% of value of securities(Min. Rs 30 and Max Rs 25,000). Instruction submitted through Call Centre - 0.04% of value of securities(Min. Rs 35 and Max Rs 25,000). Instruction submitted at Branches - Nil charges for Trades done at www.icicidirect.com. |
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| Pledge Creation Charges | 0.02% or minimum of ₹35 if ICICI Bank is counter party. Otherwise, 0.04% or a minimum of Rs.45 | Rs 60 |
| Pledge Creation Confirmation Charges | 0.02% or minimum of ₹35 if ICICI Bank is counter party. Otherwise, 0.04% or a minimum of Rs.45 | Rs 60 |
| Pledge Invocation Charges | 0.02% or minimum of ₹35 if ICICI Bank is counter party. Otherwise, 0.04% or a minimum of Rs.45 | Rs 30 |
| Failed Instruction Charges | NA | Rs 20 per instruction |
| Other Charges | Services will be restored only on full payment of AMC or any Demat charges by the customer. |
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| ICICIdirect Enquire | SMC Global Enquire | |
|---|---|---|
| Contact Broker | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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