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Reviews & Brokerage Of SMC online

smc onlineAbout SMC: SMC online is  a leading Broking House  in India. Its have its presence in PAN- India .  over more than 2300 offices spread across over 425 cities and towns in India. SMC plans to expand its network to 5, 500 offices across 700 cities in the next 3 years. It has also established office in Dubai.

Its having wide range of products and services include institutional and retail brokerage of  Equity,Commodity, Online Trading,  Currency, Derivatives, Interest Derivatives,Investment Banking, Depository Services, Clearing Services, IPOs and Mutual Funds Distribution, Wealth Advisory,Portfolio Management, Margin Funding, Insurance Broking and Research.
SMC is one of the most active trading organizations in India, averaging over 3, 50,000 trades per day. It has currently more than 6000 efficient work force & one of the largest retail network in India currently serving the financial needs of more than 6, 00,000 satisfied investors.
SMC Trading Platforms:

SMC Trading Platforms offer investors the ease and convenience of an uninterrupted trading experience. SMC offers seamless Online Trading experience with freedom to opt for a product that meets your needs:

  • SMC SELECT – Easy to use simple web-based trading platform for beginners
  • SMC EXCLUSIVE – Advanced web-based trading platform with live streaming quotes
  • SMC PRIVILEGE – Software-based trading platform for active traders.
  • SMC Mobitrade – state-of-art mobile trading application.
Account Opening Charge:
Demat + Trading One time charge 499/-
AMC: If you do trading regularly the no AMC will be charged. if you don’t do any trading or transaction  in a quarter then you will be charged Rs 75/- for particular quarter.  i.e  if you don’t want to pay AMC you have to do trading in every quarter.
Brokerage Charge:
Segment                                      Brokerage Rate
Delivery                                       0.30%
Intraday                                       0.03%
Futures                                        0.03%
Options                                       Rs. 60/- Per lot
These brokerage rates are the standard rates offered. Brokerage can be reduced on the basis of your daily volume.
Online Fund Transfer:
Currently SMC online Support 5 banks for online fund transfer
  • Axis Bank
  • HDFC Bank
  • ICICI Bank
  • IDBI Bank
  • Yes Bank

DOCUMENTS REQUIRED

Copy of PAN card
Two passport size photographs
Proof of Residence :
  • Copy of Passport or
  • Driving License or
  • Bank Statement ( not older than 2 months ) or
  • Electricity bill ( not older than 2 months ) or
  • Votars ID

Bank account proof :

  • Bank statement of six months or a cheque with proposed margin

Advantage  of SMC online

  • Convenience of integrating the Bank, Trading and Demat accounts with attractive brokerage options
  • Designed for better speed for instant order & trade confirmation
  • Lifetime free AMC option
  • User friendly platforms
  • 24 X 7 online back office access
  • Pan-India presence
  • Dedicated customer care
  • Excellent research & advisory support
  • A range of trading options
  • State-of-the-art technology

14 Comments

  1. NIMISH MANAN 2 October 2016
  2. PUJA DEVI 2 March 2016
  3. Sanjib manna 12 December 2015
  4. suresh Indalkar 4 November 2015
  5. Dhananjay kumar ram 21 July 2015
  6. balasaheb mhase 24 December 2013
  7. Raju 6 August 2013
  8. pankaj singh 10 July 2013
  9. puNit 1 July 2013
    • sushant kumar 16 June 2014
  10. hariharan 4 June 2013
  11. hariharan 4 June 2013
    • sushant kumar 16 June 2014
  12. Sankar Halder 4 May 2013
  13. Pingback: Broking Firms in India « ShareGyaan 21 April 2012

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