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SMC Global Vs Fyers NRI Account Comparison

The side-by-side comparison of SMC Global and Fyers NRI Account. Compare SMC Global Vs Fyers NRI Account brokerage charges, exposure margin, demat account and AMC. Read Fyers and SMC Global NRI Account reviews.

Find out SMC Global Vs Fyers which is better NRI Trading Account. See SMC Global Vs Fyers which is best NRI Demat Account.

Our SMC Global Limited comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between SMC Global and Fyers NRI Account.

SMC Global Vs Fyers

	SMC Global	Fyers
	SMC Global Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs	Fyers Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs

About the Broker	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...	Fyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines. It offers a 2-in-1 account combining trading and demat accounts with trading in Equity d...
Account Type	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.	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

SMC Global Vs Fyers Charges

	SMC Global	Fyers
NRI Account Opening Fees	₹1000	Free
NRI Account AMC	₹0	Free
NRI Demat Account Opening Fees	Rs 499	Rs 0 (Free)
NRI Demat Account AMC	Rs 300	Rs 0 (Free AMC for Lifetime)
PIS Account AMC	NA	NA
RBI approval for PIS (One time)	₹500 + GST	₹500 + GST
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SMC Global Vs Fyers NRI Account Brokerage Comparison

Account Type	SMC Global NRI Account	Fyers NRI Account
Equity Delivery	0.50%	₹50 and 0.5% for other services
Equity Futures	0.05%	₹50 per traded order
Equity Options	₹75 per lot	₹50 per traded order
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Other Charges

Contract Note Reporting Charges	NA	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%

SMC Global Vs Fyers NRI Account Taxes/Fees

	SMC Global	Fyers
Securities Transaction Tax (STT)	Equity Intraday: 0.025% (on Sell trade) Equity Delivery: 0.1% (on Buy and Sell) Equity Futures: 0.01% (on Sell trade) Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)	Equity Intraday: 0.025% (on Sell trade) Equity Delivery: 0.1% (on Buy and Sell) Equity Futures: 0.01% (on Sell trade) Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
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.

SMC Global Vs Fyers NRI Account Margin

	SMC Global Margin	Fyers 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.

SMC Global and Fyers NRI Account Features

	SMC Global	Fyers
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
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SMC Global Vs Fyers NRI Account Review

	SMC Global Review	Fyers Review
	36 Customer Reviews	37 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating	SMC Global is Rated 3.8 / 5 based on 36 customer reviews	Fyers is Rated 2.9 / 5 based on 37 customer reviews
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Contact Broker / Request A Call Back

	SMC Global Enquire	SMC Global 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 (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

SMC Global Vs Fyers NRI Investment Options

	SMC Global	Fyers
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options	Debt Funds, Bonds, ETF, Insurance

SMC Global Vs Fyers NRI Customer Service

	SMC Global	Fyers
Customer Care Number	+91-11-25754371, 91- 9650988009	080-45699999
Customer Care Email	nridesk@smcindiaonline.com	support@fyers.in
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SMC Global Vs Fyers Order Type Offered for NRI Account

	SMC Global	Fyers
Bracket Order
Cover Order
After Market Order (AMO)
Good Till Cancelled (GTC)

SMC Global Vs Fyers - NRI Account Advantages and Disadvantages

	SMC Global	Fyers
Pros	NRIs doesn't require separate Custodial Account to trade in Equity Derivatives as SMC is a registered clearing member who can get CP code for and clear the trades. This offers a huge saving for NRIs. Provides research and recommendation tips based on technical analysis. NRIs can trade and invest through mobile, software and web browser Dedicated relationship manager to assist the NRIs in account opening to investing process. SMC is a full-service broker offering a wide range of products and services.	Free online account opening and AMC charges Free equity delivery trading. No brokerage for cash & carry trades. Discount stock broker offering ultra-low brokerage. Fyers charges flat Rs 20 per trade maximum brokerage across trading segments and irrespective of the size of the trade. No hidden charges. Very transparent fees/charges. In-house build trading platform offers flexibility to implement new features/services quickly. All trading software is available for free of charge. Fyers NRI account holders get access to research reports and economic calendar Refer your friends and earn 20% of the revenues generated by your friends, for life!
Cons	Offers NRI trading services only to NRIs who have bank accounts with Yes, Axis, HDFC, Indusind, or Federal Bank account holders. It offers 2-in-1 account means NRIs have to open an NRI bank account and PIS with other banks. It also means that they have to transfer funds in their PIS account before trading. Good Till Date/Time (GTD) and Good Till Cancelled (GTC) orders are not available.	Fyers NRI account holders are not allowed to invest in currency derivatives.
Conclusion	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.	Fyers is a good option for NRIs who want to invest in the stock market and mutual funds in India. It has a Zero account opening and AMC charges. It offers a convenient way to invest with low brokerage charges. Fyers NRI account opening contact number - 080-45699999 and Fyers NRI account opening email ID - support@fyers.in.
Promo / Offers	Zerodha (India's Best & No. 1 Broker) Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	FyersSpecial Offer Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O. Brokerage-free Direct Mutual Fund investment. Trade with one of the best trading platforms in India. This is a limited-time offer. Open FREE Fyers Account online and start trading today.
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