SMC Global vs RKSV Upstox

SMC Global vs RKSV Upstox - side-by-side comparison . Compare SMC Global vs RKSV Upstox brokerage, charges, exposure margin, demat account. Read SMC Global vs RKSV Upstox review.

Detailed comparison SMC Global vs RKSV Upstox and find out which is better in SMC Global vs RKSV Upstox .

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SMC Global

RKSV Upstox

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

SMC Global Limited RKSV Securities Ltd
SMC Global Limited Standard Plan
Trading Account Opening Fee ₹0 ₹150
Demat Account Opening Fee ₹499 ₹0
Demat Account AMC * ₹300 ₹150
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

SMC Global Limited RKSV Securities Ltd
SMC Global Limited Standard Plan
Equity Delivery 0.30% ₹0
Equity Intraday 0.03% ₹20
Equity Future 0.03% ₹20
Equity Options ₹70 per lot ₹20
Currency Futures 0.03% ₹20
Currency Options ₹20 per lot ₹20
Monthly Fee NA NA
Commodity 0.03% ₹20

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SMC Global Limited RKSV Securities Ltd
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

SMC Global Limited RKSV Securities Ltd
SMC Global Limited Standard Plan
Equity Delivery ₹350 NSE ₹325 | BSE ₹275
Equity Intraday ₹350 NSE ₹325 | BSE ₹275
Equity Future * ₹290 NSE ₹210
Equity Options * ₹6500 NSE ₹5500
Currency Futures * ₹290 ₹150
Currency Options ₹6500 ₹6000

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

SMC Global Limited RKSV Securities Ltd
SMC Global Limited Standard Plan
Minimum Brokerage 0.3% ₹20
Call & Trade Yes ₹20 per trade
Stamp Duty * State Wise Charges as per the state of residence
DP Charges (on sell side) - ₹15 per debit instruction + depository charges at actual
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

SMC Global Limited RKSV Securities Ltd
SMC Global Limited Standard Plan
Trading Platform ODIN Diet Desktop, Easy Trade Mobile app & Website Upstox Mobile, Upstox Web, NEST Trading Terminal
Placing orders through charts - Yes
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes No
Detailed Education Initiatives No No
Unique features & Offers - Option strategy builder
Referral Program - Rs.300 when the referal opens an account and 10% brokerage sharing

Demat Account Charges

Find charges for the best Demat Account for small investors

SMC Global Limited RKSV Securities Ltd
SMC Global Limited Standard Plan
Depository Service Provider CDSL & NSDL CDSL
Account Opening Fee

Nil.

Nil

Advance Deposit -

Nil

AMC

Individual Client

General AMC Scheme: Rs 300 P.A. (POA Clients), Rs 350 P.A. (Non POA Clients)

Onetime Yearly AMC Scheme: Rs 1000 P.A.(POA Clients), Rs 1300 P.A. (Non POA Clients)

No AMC Scheme: Rs 3000 Refundable Deposit

Corporate Clients: Rs 1000 P.A.

₹150

Dematerialisation Charges

Rs 5 Per Certificate (Rs 30 for 1st Certificate) Courier Charges Extra (Rs 25 for Local & Rs 40 for outstation courier)

₹2 per certificate plus courier charges of ₹35 per demat request

Rematerialisation Charges

Rs 25 (For one certificate/100 shares) Courier Charges Extra(Rs 25 for Local & Rs 40 for outstation courier)

₹25 per certificate or 0.05% of the value whichever is higher.

Transaction Charges (Credit) - -
Transaction Charges (debit)

On Maket Transaction: Rs 15 (POA Clients), Rs 20 (Non POA clients)

Off Market Instruction: 0.03% (subject to Min. Rs 20 & Max. Rs 50 Charges Per instruction)

₹13 plus ₹5.50 (CDSL charges) per scrip.

Pledge Creation Charges

Rs 60

0.02% of the transaction charges subject to a minimum of ₹50 plus NSDL / CDSL charges at actual.

Pledge Creation Confirmation Charges

Rs 60

0.02% of the transaction charges subject to a minimum of ₹50 plus NSDL / CDSL charges at actual.

Pledge Invocation Charges

Rs 30

0.05% of the transaction charges subject to a minimum of ₹50

Failed Instruction Charges

Rs 20 per instruction

₹50 per transaction

Other Charges

AMC charged yearly in advance.

DIS Book Charges: Rs 30 (20 leafs)

Client Modification Charges: Rs 25

Security deposit for CDSL easiest facility (optional) is Rs 2,500

Demat Rejection Charges: ₹35 per rejection for every 500 gms.

Adhoc / Non periodic statement requests: ₹25 (₹500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at ₹10 plus courier / postage charges.

Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

Basic Details

Basic Details of Brokers

SMC Global Limited RKSV Securities Ltd
SMC Global Limited Standard Plan
Year of Incorporation 1996 2012
Active Exchange Memberships BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Demat Services CDSL & NSDL NSDL & CDSL
Website https://www.smctradeonline.com/ http://www.upstox.com
Contact Details +91-11-66075200 022-61309999
Total Number of Clients 106,300+ 34,000+
Total Number of Branches 50+ 4

Charts and Data

Charts and Data

SMC Global Limited RKSV Securities Ltd
SMC Global Limited Standard Plan
Live data source BSE, NSE NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators - 110
No.of charts can be opened - 6
Live Scanners - Yes
Customizable screeners Yes No
Trading from charts - Yes
Compare Symbol performance on Chart - No
Options charts - Yes
Continuous futures charts - Yes
Intraday historical data for charts Yes 22 days
End of Day historical data for charts Yes 10 years
Corporate action adjusted charts Yes No
Back Testing Yes No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics - No
Price Ladder - No

Leverage

Leverage

SMC Global Limited RKSV Securities Ltd
SMC Global Limited Standard Plan
Equity Delivery - 2.5x
Equity Intraday - upto 20x
Equity Futures - 4x
Equity Options - 4x for shorting
Currency Futures - upto 4x
Currency Options - NA
Commodity Futures - Upto 2.5x
Commodity Options - Nil

Orders

Orders

SMC Global Limited RKSV Securities Ltd
SMC Global Limited Standard Plan
Cover Orders (CO) No Yes
Bracket orders / One Cancels Other (BO / OCO) No Yes
After Market Orders (AMO) Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

SMC Global Limited RKSV Securities Ltd
SMC Global Limited Standard Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP ₹3,00,000 to ₹5,00,000 Rs.3,000 for registration + Actuals

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SMC Global Limited RKSV Securities Ltd
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