SMC Global Brokerage: Charges, Fees, Trading Costs & Plans
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SMC Global brokerage refers to the fees charged for executing trades through the broker across supported market segments. The actual cost of trading depends on the applicable brokerage plan, transaction type, order value, trading segment, and current pricing structure.
Brokerage is only one part of the total trading expense. Investors may also have to pay statutory taxes, exchange transaction charges, stamp duty, regulatory charges, and applicable Demat-related fees. Therefore, customers should evaluate the complete cost of a transaction rather than comparing brokers only on brokerage rates.
SMC Global Equity Delivery Brokerage
Equity delivery involves purchasing shares with the intention of holding them in a Demat Account. The brokerage applicable to delivery trades depends on the current SMC Global pricing plan and account terms.
Even where a particular brokerage rate is low or zero under a specific plan, other statutory and transaction-related charges may still apply. Investors should check the latest tariff before placing delivery orders.
SMC Global Intraday Brokerage
Intraday trading involves buying and selling eligible securities within the same trading session. SMC Global intraday brokerage depends on the applicable brokerage plan and transaction details.
Active traders should consider the cumulative impact of brokerage and other charges because frequent transactions can increase overall trading expenses. The final cost can also depend on order value and applicable statutory charges.
SMC Global Futures & Options Brokerage
Futures and options have separate pricing and transaction-cost structures. The applicable brokerage can vary between futures and options and according to the current SMC Global plan.
Derivatives can involve leverage and substantial market risk. Traders should consider brokerage, exchange charges, taxes, margin requirements, and other costs before entering a position.
SMC Global Commodity & Currency Charges
SMC Global also provides services across supported commodity and currency market segments. Brokerage for these segments can differ from equity trading charges.
Investors should check the current segment-specific pricing before trading because brokerage rates, taxes, exchange charges, and other costs can vary depending on the transaction.
SMC Global Brokerage Calculator
A brokerage calculator can help traders estimate the potential cost of a transaction. Users can generally enter details such as the buy price, sell price, quantity, and trading segment to obtain an estimated breakdown.
Calculator results should be treated as estimates because actual costs can change according to applicable rates, transaction details, statutory charges, and changes in the broker's pricing structure.
Other SMC Global Charges
Apart from brokerage, customers may encounter costs such as:
- Securities Transaction Tax
- GST
- Exchange transaction charges
- Stamp duty
- Regulatory charges
- Depository-related charges
The applicable charges depend on the type of transaction and market segment.
Investors should review the latest SMC Global tariff before trading and understand the complete cost associated with their chosen product.
SMC Global account opening & AMC charges
| Transaction | Fee |
|---|---|
| Trading account opening | ₹0 (Online) |
| Trading account AMC | ₹0 |
| Demat account opening | ₹0 |
| Demat account AMC | ₹399 + GST per year |
SMC Global brokerage by segment
| Segment | Charge |
|---|---|
| Equity Delivery | 0.30% |
| Equity Intraday | 0.30% |
| Equity Futures | 0.30% |
| Equity Options | ₹20 per executed order |
| Currency F&O | 0.03% |
| Commodity F&O | 0.03% |
| Call & Trade | ₹20 per executed order |
| DP charges (per ISIN, sell) | ₹15.93 per debit transaction (including GST) |
SMC Global demat account charges
The demat account transactions are charged separately from the trading commission.
| # | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening | ₹0 |
| 2 | Annual Maintenance Charges (AMC) | ₹399 + GST per year |
| 3 | Debit Transaction Charges | ₹15.93 per debit transaction (including GST) |
| 4 | Pledge / Unpledge Charges | ₹25 + GST per request |
| 5 | Dematerialisation (Demat) | ₹150 per certificate + GST |
| 6 | Rematerialisation (Remat) | ₹150 per certificate + GST |
| 7 | Failed Transactions | Nil |
SMC Global transaction charges (exchange turnover charge)
A combination of exchange turnover charge and trade clearing charge, levied by the exchange and passed through.
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE: 0.00297% • BSE: 0.00375% |
| Equity Intraday | NSE: 0.00297% • BSE: 0.00375% |
| Equity Futures | NSE: 0.00173% |
| Equity Options | NSE: 0.03503% (on premium) |
| Currency Futures | NSE: 0.00035% |
| Currency Options | NSE: 0.03110% (on premium) |
| Commodity Futures | MCX: 0.00210% |
| Commodity Options | MCX: 0.04180% (on premium) |
SMC Global trading taxes & regulatory charges
Government taxes and fees in addition to the brokerage — shown in the contract note. Set by the government / regulator and identical across every Indian broker.
| Charge | Rate |
|---|---|
| Securities Transaction Tax (STT) | Equity Delivery: 0.10% (Buy & Sell), Equity Intraday: 0.025% (Sell), Equity Futures: 0.02% (Sell), Equity Options: 0.10% (on intrinsic value at exercise) |
| GST | 18% on (Brokerage + Exchange Transaction Charges + SEBI Charges) |
| SEBI Turnover Charges | ₹10 per crore (0.0001%) |
| Stamp Duty (Buy Side Only) | Equity Delivery: 0.015%, Equity Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, Currency Futures: 0.0001%, Currency Options: 0.0001%, Commodity Futures: 0.002%, Commodity Options: 0.003% |
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