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SMC Global Vs Alice Blue: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of SMC Global Max .03 to .3% per trade while the brokerage of Alice Blue ranges between Rs 20. SMC Global is a Full Service Broker where Alice Blue is a Discount Broker. SMC Global is having overall lower rating compare to Alice Blue. SMC Global is rated only 3 out of 5 where Alice Blue is rated 4 out of 5. Number of active customer for SMC Global is 1,62,802 where number of active customer for Alice Blue is 1,47,195. SMC Global is serving more customer compare to Alice Blue.

Here we present side-by-side comparison of SMC Global vs Alice Blue share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SMC Global vs Alice Blue's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of SMC Global vs Alice Blue share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SMC Global vs Alice Blue's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare SMC Global vs Alice Blue on Service

  SMC Global Compare
SMC Global
Alice Blue Compare
Alice Blue
Overall Rating Rated 3 stars Rated 4 stars
Brokerage Charges Rated 3 stars Rated 4.5 stars
Trading Platform Rated 3 stars Rated 4 stars
Investments Offering Rated 3 stars Rated 3 stars
Customer Service Rated 3 stars Rated 4 stars
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 1,62,802 1,47,195
Broker Overview SMC Global securities Ltd. is a leading and award winning stock broker in India having a good track record in the financial services industry, NRI trading, Margin facility and more... Trade at the lowest brokerage charges on the best platforms! Alice Blue Account offers Rs. 0 delivery trading, Max Rs. 15/order brokerage, free direct mutual fund investment, Tech-driven ANT Trading Platform, excellent customer service, and a plethor...Know more about Alice Blue
Broker Enquiry Request call back from SMC Global Request call back from Alice Blue
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Account Opening Charges and AMC

Compare SMC Global vs Alice Blue on Trading & Demat Account Opening Charges

Comparison of SMC Global with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Alice Blue offer Free account opening where SMC Global charges Rs 1000 for account opening. Demat AMC charges - SMC Global charges Rs 300 PA AMC for Demat account where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SMC Global with Alice Blue
Charges SMC Global Alice Blue
Trading Account Opening Fees Rs 1000 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SMC Global vs Alice Blue on Plan Options

Plans are the most important feature you look when compare SMC Global with Alice Blue. This section compare on high level about type of plans offered by brokers. Multiple Plans - Alice Blue provides Multiple Plans where SMC Global doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare SMC Global with Alice Blue on Plan Options
Plan Types SMC Global Alice Blue
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  SMC Global Alice Blue
Account Opening Request
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Brokerage Charges

Compare SMC Global vs Alice Blue on Brokerage Charges

SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare SMC Global with Alice Blue
Brokerage Charges Compare SMC Global Alice Blue
Plan Name Standard Trading Plan (Percentage Based) F15 Plan
Equity Delivery 0.3% or 30 paisa Free
Equity Intraday 0.03% or 3 paisa 0.05% or Rs 15 whichever is lower
Equity Futures 0.03% or 3 paisa 0.05% or Rs 15 whichever is lower
Equity Options Rs 70 Per Lot Flat Fee Rs 15
Currency Futures 0.03% or 3 paisa 0.05% or Rs 15 whichever is lower
Currency Options Rs 20 Per Lot Flat Fee Rs 15
Commodity Trading 0.03% or 3 paisa Flat Fee Rs 15
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower NA
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA Yes - 24% interest PA
Call & Trade Charges Free Rs 50 per order + GST
Auto Square off Charges Free Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for SMC Global Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare SMC Global vs Alice Blue on Transaction Charges

Compare SMC Global with Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare SMC Global with Alice Blue
Transaction Charges Compare SMC Global Alice Blue
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 210 Per Cr
Equity Options Rs 5000 Per Cr Rs 5500 Per Cr
Currency Futures Rs 110 Per Cr Rs 150 Per Cr
Currency Options Rs 4000 Per Cr Rs 4400 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for smc-global-broker Complete Brokerage Plans for alice-blue
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Account Features

Compare SMC Global vs Alice Blue on Account Features

Compare SMC Global with Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - SMC Global offers a margin funding where Alice Blue doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - SMC Global with Alice Blue
Account Features Compare SMC Global Alice Blue
3 in 1 Account No SMC Global have 2-in-1 account. Only Demate and Trading account. No SMC Global have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare SMC Global vs Alice Blue on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SMC Global and Alice Blue. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare SMC Global with Alice Blue
Trading Platform Compare SMC Global Alice Blue
Desktop Trading Platform ODIN Diet ANT - Analyse and Trade
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.smcindiaonline.com/easytrade/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SMCEasyTrade ANT Mobile
Mobile Trading App Demo Info Not Available ANT Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod SMCEasyTrade Download Andriod ANT Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SMCEasyTrade Download iOS ANT Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SMC Global Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for SMC Global Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for SMC Global Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for smc-global-broker Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare SMC Global vs Alice Blue on User Rating

  SMC Global Alice Blue
  6 Customer Reviews    Rate SMC Global 7 Customer Reviews    Rate Alice Blue
Fees Ratings 3.0 2.9
Trading Brokerage Rating 2.3 3.4
Trading Platform Usability 3.0 2.6
Customer Service Ratings 2.5 2.9
Overall Ratings Rated 2.8 stars Rated 2.3 stars
Broker Rating SMC Global is Rated 2.8 / 5 based on 6 customer reviews Alice Blue is Rated 2.3 / 5 based on 7 customer reviews
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Investment Offerings

Compare SMC Global vs Alice Blue on Investment Offerings

Compare SMC Global with Alice Blue on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - SMC Global provide PMS Service where Alice Blue doesn't offer

Investment Offerings - Compare SMC Global with Alice Blue
Investment Offerings Compare SMC Global Alice Blue
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service Yes No
Other Investment Options Insurance NIL
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Order Types

Compare SMC Global vs Alice Blue on Order Types

Order Type - Compare SMC Global with Alice Blue on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Alice Blue provides Cover Orders (CO) where SMC Global doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Alice Blue provides Bracket Orders (BO) where SMC Global doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- SMC Global offers Good Till Cancelled (GTC) orders where Alice Blue doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare SMC Global with Alice Blue
Order Type Compare SMC Global Alice Blue
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare SMC Global vs Alice Blue on Customer Service

Compare SMC Global with Alice Blue on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare SMC Global with Alice Blue
Customer Service Compare SMC Global Alice Blue
24/7 Customer Service SMC Global vs Alice Blue - 24x7 customer support No No
Email Support SMC Global vs Alice Blue - Email Support Yes No
Onine Live Chat SMC Global vs Alice Blue - Onine Live Chat No Yes
Phone Support SMC Global vs Alice Blue - Phone Support Yes Yes
Toll Free Number SMC Global vs Alice Blue - Toll Free Number Yes No
Through Branches SMC Global vs Alice Blue - Through Branches Yes Yes
Customer Care Number SMC Global vs Alice Blue - Customer Care Number 91-11-66075200 08035215000/080-45490850
Account Opening Process SMC Global vs Alice Blue - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email SMC Global vs Alice Blue - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SMC Global vs Alice Blue - Knowledge Center/Education https://www.smctradeonline.com/research/new-letters https://tradeschool.aliceblueonline.com/
Head Office Address SMC Global vs Alice Blue - Head Office Address/Corporate Address SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore – 560063
Website SMC Global vs Alice Blue - Company Website https://www.smctradeonline.com https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare SMC Global vs Alice Blue on Research Reports, Tips

Compare SMC Global with Alice Blue on research reports and tips provided by the broker.

Research Reports - Compare SMC Global with Alice Blue
  SMC Global Alice Blue
Research Mutual Funds SMC Global vs Alice Blue - Research Mutual Funds Yes No
Research Equity Reports SMC Global vs Alice Blue - Research Equity Reports Yes No
Research ETF SMC Global vs Alice Blue - Research ETF Yes No
Daily Market Report SMC Global vs Alice Blue - Daily Market Report Yes Yes
Free Tips SMC Global vs Alice Blue - Free Tips Yes No
Quarterly Result Analysis SMC Global vs Alice Blue - Quarterly Results Yes No
News Alerts SMC Global vs Alice Blue - Yes No
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Demat Account

Compare SMC Global vs Alice Blue on Demat Account

Compare SMC Global with Alice Blue on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Alice Blue is ₹400 pa where for SMC Global is ₹300 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for SMC Global is ₹10+CDSL charges ₹5 where for Alice Blue is 0.04% of the value of the transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare SMC Global with Alice Blue
  SMC Global Alice Blue
DP Source CDSL CDSL
DP ID SMC Global vs Alice Blue - DP ID 19100 83500
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹400 pa
Advance Deposit AMC will be charged in advance. Rs 0
Statutory charges Stamp Paper Charges Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹10+CDSL charges ₹5 0.04% of the value of the transaction
Demat ₹150 per certificate ₹10 per certificate + ₹50 courier charges
Remat ₹150 for every hundred securities + depositry charges ₹30 per certificate + CDSL charges
Pledge Creation ₹20 per instruction+CDSL charges ₹20 + CDSL charges
Pledge Creation Confirmation ₹20 Nil
Pledge Closure ₹20 ₹20 + CDSL charges
Pledge Closure Confirmation ₹20 Nil
Pledge Invocation ₹20 ₹20 + CDSL charges
Failed Instruction Charges ₹50 per instraction Nil
Other Charges DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges . Nil

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Special Offers,Advantages,Disadvantages

Compare SMC Global vs Alice Blue on Special Offers and Promotion

Compare SMC Global with Alice Blue on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare SMC Global vs Alice Blue on Special Offers and Promotion
  SMC Global Alice Blue
Pay In and Pay Out Options SMC Global vs Alice Blue - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from ODIN Diet/Net Net Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time SMC Global vs Alice Blue - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges SMC Global vs Alice Blue - Bank Supported and Charges Info Not Available Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail Info Not Available Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Likes

Detail Review...

  • Trade on BSE, NSE, and MCX at Rs. 15 flat brokerages.
  • Zero brokerage or commission-free investment in direct mutual funds.
  • Lifetime zero brokerage delivery trading.
  • Powerful charting, lots of technical indicators, and stock screeners.
  • Alice Blue Tradestore, a marketplace for advanced trading products.
  • Alice Blue offers free ANT API access for the Algo trading facility.
  • Advanced orders such as bracket order (BO), cover order (CO), and after market order (AMO).
  • Pledge shares without POA.
  • Alice Blue Trade School, a stock market education platform for beginners to experts.
  • Plethora of learning resources for beginners; Tradeschool, Aspiring Investor Program, and ANT IQ Blog.
  • Become a Partner with Alice Blue to Earn, Scale, and Grow your business.
  • TradeLink, a free online tool to share your trading ideas.
  • Alice Blue refer & earn program provides 2-sided benefits to both referral and referee.
  • Strong PAN India presence in 20 cities with over 12,000 partners.
  • No minimum brokerage.

Detail Review...

Dislikes

Brokerage charges not disclosed anywhere onsite, mobile trading not available for NSE, No 3 in 1 account, extra charges for their featured products,Good Till Cancelled (GTC) and Good Till Date/Time (GTD) Orders are not available in equity segment.

Detail Review...

  • A 3-in-1 account opening facility is unavailable.
  • It does not offer zero brokerage unlimited monthly trading plans.
  • Alice Blue does not provide NRI trading services.
  • You cannot place Good Till Canceled (GTC) order in Alice Blue.
  • High Demat AMC charges.
  • Alice Blue Mutual Fund App is not available on the App Store.

Detail Review...

Special Offers/Promo
Enquiry Enquire for SMC Global Enquire for Alice Blue

Last Updated on 2019-07-08T23:12:16+00:00


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