• +91 988-651-9102
COMPARE

Background

Year of Incorporation 1994
Website http://www.smcindiaonline.com
Phone 011-30111444
Exchanges enabled NSE, BSE, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL, CDSL
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 47.8 Crores
Profit after Tax FY12/13 Rs 51.3 Crores
Profit after Tax FY13/14 Rs 18.2 Crores
Profit after Tax FY 14/15 NA
Debt FY11/12 Rs 121.6 Crores
Debt FY12/13 Rs 29.7 Crores
Debt FY13/14 Rs41.7 Crores
Debt FY14/15 NA
Profit to Equity(%) FY11/12 47.39
Profit to Equity(%) FY12/13 8.59
Profit to Equity(%) FY13/14 2.91
Profit to Equity(%) FY14/15 NA
Balance Sheet Size FY11/12 Rs 986.9 Crores
Balance Sheet Size FY12/13 1035.8 Crores
Balance Sheet Size FY13/14 1087 Crores
Balance Sheet Size FY14/15 NA
Brokerage

Equity 0.03% for Intraday & 0.3% for Delivery - Negotiable
Equity Futures 0.03% of Turnover - Negotiable
Equity Options Rs 70/lot - Negotiable
Currency Futures Rs 20/lot- Negotiable
Currency Options 0.03% of Turnover- Negotiable
Commodity 0.03% of Turnover- Negotiable
Account Opening Costs

Trading only NA
Trading & Demat Rs 1000
Commodity Rs 500
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0035% of Turnover
Futures 0.0029% of Turnover
Options 0.065% of Premium Turnover
Commodities 0.0030% of Turnover
AMC charge Rs 300/year
DP Transaction Charge Rs 25/debit transaction
Offline order placing Charge NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on ODIN
End of Day 5 years on ODIN
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10 times Intraday, Delivery upto 3 times @Interest
Equity Futures Upto 2 times Intraday
Equity Options No Leverage
Currency Futures No Leverage
Currency Options No Leverage
Commodity Upto 3 times Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Write a Review