The side-by-side comparison of Aditya Birla Money and SMC Global NRI Account. Compare Aditya Birla Money Vs SMC Global NRI Account brokerage charges, exposure margin, demat account and AMC. Read SMC Global and Aditya Birla Money NRI Account reviews.
Find out Aditya Birla Money Vs SMC Global which is better NRI Trading Account. See Aditya Birla Money Vs SMC Global which is best NRI Demat Account.
Our Aditya Birla Money Ltd comparison with SMC Global Limited highlights the major differences between two brokers. Find the best between Aditya Birla Money and SMC Global NRI Account.
| Aditya Birla Money | SMC Global | |
|---|---|---|
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| About the Broker | Aditya Birla Capital Limited (ABCL) is a well-known financial services company offering trading, insurance, and mutual funds, etc. to non-resident Indians. Aditya Birla Money Ltd (ABML), a subsidiary of Aditya Birla Capital, offers stock broking serv... | 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 | 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. |
| Aditya Birla Money | SMC Global | |
|---|---|---|
| NRI Account Opening Fees | ₹750 | ₹1000 |
| NRI Account AMC | ₹450 | ₹0 |
| NRI Demat Account Opening Fees | Nil | Rs 499 |
| NRI Demat Account AMC | Rs 436 | Rs 300 |
| PIS Account AMC | NA | |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Account Type | Aditya Birla Money | SMC Global NRI Account |
|---|---|---|
| Equity Delivery | 0.50% | |
| Equity Futures | 0.05% | |
| Equity Options | ₹75 per lot | |
| Contract Note Reporting Charges | ₹25 for BSE | ₹50 for NSE | NA |
| Other Brokerage Charges | 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% |
| Aditya Birla Money | 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. |
| Aditya Birla Money 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. | ||
| Aditya Birla Money | SMC Global | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips | |  |
| Other Features | ||
| Aditya Birla Money Review | SMC Global Review | |
|---|---|---|
30 Customer Reviews  | 36 Customer Reviews | |
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| Overall Rating |  |  |
| Broker Rating | Aditya Birla Money is Rated 3.0 / 5 based on 30 customer reviews | SMC Global is Rated 3.8 / 5 based on 36 customer reviews |
| Aditya Birla Money Enquire | Aditya Birla Money 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. |
| Aditya Birla Money | SMC Global | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | Debt Funds, Bonds, ETF, Insurance |
| Aditya Birla Money | SMC Global | |
|---|---|---|
| Customer Care Number | 18002707000 | +91-11-25754371, 91- 9650988009 |
| Customer Care Email | nridesk@smcindiaonline.com | |
| Aditya Birla Money | SMC Global | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Aditya Birla Money | SMC Global | |
|---|---|---|
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Conclusion | Aditya Birla Capital is a well-known name when it comes to financial services. However, when it comes to trading & investment services for NRIs it doesn't measure up to its reputation. The company doesn't have a major USP for NRIs. It doesn't offer 3-in-1 accounts. The choices in trading platforms are limited. There are many better options available in the market. | 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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