Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstockThe side-by-side comparison of Mirae Asset Sharekhan and SMC Global NRI Account. Compare Mirae Asset Sharekhan Vs SMC Global NRI Account brokerage charges, exposure margin, demat account and AMC. Read SMC Global and Mirae Asset Sharekhan NRI Account reviews.
Find out Mirae Asset Sharekhan Vs SMC Global which is better NRI Trading Account. See Mirae Asset Sharekhan Vs SMC Global which is best NRI Demat Account.
Our Mirae Asset Sharekhan comparison with SMC Global Limited highlights the major differences between two brokers. Find the best between Mirae Asset Sharekhan and SMC Global NRI Account.
| Mirae Asset Sharekhan | SMC Global | |
|---|---|---|
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| About the Broker | Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and inves... | SMC Global is a diversified financial service provider offering a wide range of financial products and services to resident and non-resident Indians (NRI) investors. NRIs can invest in Equity, Debt, Derivatives and Real Estate Funds with SMC. NRIs ca... |
| Account Type | Mirae Asset Sharekhan NRI Account | NRI Account |
| 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. |
| Mirae Asset Sharekhan | SMC Global | |
|---|---|---|
| NRI Account Opening Fees | ₹2000 | ₹1000 |
| NRI Account AMC | ₹3000 | ₹0 |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 499 |
| NRI Demat Account AMC | Rs 400 (Free for 1st year) | Rs 300 |
| PIS Account AMC | NA | |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Account Type | Mirae Asset Sharekhan Mirae Asset Sharekhan NRI Account | SMC Global NRI Account |
|---|---|---|
| Equity Delivery | 0.50% | 0.50% |
| Equity Futures | 0.1% on first leg and 0.02% on second leg | 0.05% |
| Equity Options | ₹250 per contract note | ₹75 per lot |
| Contract Note Reporting Charges | NA | |
| Other Brokerage Charges | PIS Acct AMC: ₹1000 | Demat AMC: ₹1180, Min Brokerage: ₹20 |
| TDS Charges on Long Term Gain (Holding > 365 Days) | 11.96% | 11.96% |
| TDS Charges on Short Term Gain (Holding <= 365 Days) | 17.94% | 17.94% |
| Mirae Asset Sharekhan | SMC Global | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. |
| Mirae Asset Sharekhan Margin | SMC Global Margin | |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage. | ||
| Mirae Asset Sharekhan | SMC Global | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips |  | |
| Other Features | Call & Trade, Dedicated Relationship Manager, Branch Support | |
| Mirae Asset Sharekhan Review | SMC Global Review | |
|---|---|---|
316 Customer Reviews  | 36 Customer Reviews | |
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| Trading Platform |  | |
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| Overall Rating | |  |
| Broker Rating | Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews | SMC Global is Rated 3.8 / 5 based on 36 customer reviews |
| Mirae Asset Sharekhan Enquire | Mirae Asset Sharekhan Enquire | |
|---|---|---|
| Contact Broker | 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. | 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. |
| Mirae Asset Sharekhan | SMC Global | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | PMS, Wealth Management | Debt Funds, Bonds, ETF, Insurance |
| Mirae Asset Sharekhan | SMC Global | |
|---|---|---|
| Customer Care Number | +91 022 6518500 | +91-11-25754371, 91- 9650988009 |
| Customer Care Email | nridesk@miraeassetsharekhan.com | nridesk@smcindiaonline.com |
| Mirae Asset Sharekhan | SMC Global | |
|---|---|---|
| Bracket Order | | |
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| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Mirae Asset Sharekhan | SMC Global | |
|---|---|---|
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Conclusion | Mirae Asset Sharekhan is a good choice as a stockbroker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings. | SMC comes across as a good choice for NRI investors who are looking for a company that offers a wide range of financial products under one roof and investment recommendations. The broker offers a good online trading platform. It also provides wealth management services to NRIs. It has a corporate office in Dubai which makes it easy for NRIs residing in the city to avail various services through branch visits. The brokerage charges of SMC Global are high in comparison to discount stock brokers. |
| Promo / Offers | 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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