The side-by-side comparison of SMC Global and Yes Securities NRI Account. Compare SMC Global Vs Yes Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Yes Securities and SMC Global NRI Account reviews.
Find out SMC Global Vs Yes Securities which is better NRI Trading Account. See SMC Global Vs Yes Securities which is best NRI Demat Account.
Our SMC Global Limited comparison with Yes Securities Limited highlights the major differences between two brokers. Find the best between SMC Global and Yes Securities NRI Account.
| SMC Global | Yes Securities | |
|---|---|---|
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| 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... | Yes Bank, India's fourth-largest private sector bank, offers NRI 3-in-1 Account to NRIs. Yes Bank is an RBI designed bank for PIS, which makes it very easy for NRI customers to invest online into Indian Stock Markets. Yes Bank offers brokerage servic... |
| Account Type | NRI Account | NRI Investment 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. |
| SMC Global | Yes Securities | |
|---|---|---|
| NRI Account Opening Fees | ₹1000 | |
| NRI Account AMC | ₹0 | ₹0 |
| NRI Demat Account Opening Fees | Rs 499 | Rs 0 |
| NRI Demat Account AMC | Rs 300 | Rs 500 |
| PIS Account AMC | NA | ₹500 |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Account Type | SMC Global NRI Account | Yes Securities NRI Investment Account |
|---|---|---|
| Equity Delivery | 0.50% | |
| Equity Futures | 0.05% | ₹100 per contact |
| Equity Options | ₹75 per lot | ₹100 per contact |
| Contract Note Reporting Charges | NA | ₹100 per contact note |
| 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 | Yes Securities | |
|---|---|---|
| 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. |
| SMC Global Margin | Yes Securities 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 | Yes Securities | |
|---|---|---|
| 3-in-1 Account |  |  |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| SMC Global Review | Yes Securities Review | |
|---|---|---|
36 Customer Reviews  | 5 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
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| Overall Rating |  | |
| Broker Rating | SMC Global is Rated 3.8 / 5 based on 36 customer reviews | Yes Securities is Rated 2.2 / 5 based on 5 customer reviews |
| 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 (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| SMC Global | Yes Securities | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | Debt Funds, Bonds, ETF, Insurance |
| SMC Global | Yes Securities | |
|---|---|---|
| Customer Care Number | +91-11-25754371, 91- 9650988009 | +91 22 7112 3123 |
| Customer Care Email | nridesk@smcindiaonline.com | customer.service@ysil.in |
| SMC Global | Yes Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| SMC Global | Yes Securities | |
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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. | Yes Bank is a full-service broker offering 3-in-1 NRI account for convenient online investing in India Stock Market. Online banking, trading and demat account make transactions easy for NRI customers. The broker also provides free research tips for stocks and mutual funds. Yes Bank NRI Investment account is recommended for Casual Investors who are ready to pay a higher brokerage for convenience. |
| 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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