HDFC Sky vs SMC Global – Compare Charges, Trading Features, Offers & more

Find a Comparison of HDFC Sky vs SMC Global here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of HDFC Sky and SMC Global.

Background

Year of Incorporation 2000 1994
Website https://hdfcsky.com/ https://smcindiaonline.com/
Phone 022-68494702 011-30111444
Exchanges enabled BSE, NSE, MSEI, MCX NSE, BSE, MCX, & NCDEX
Demat (NSDL/CDSL) CDSL and NSDL NSDL, CDSL
Brokerage

Equity Rs 20 or 2.5% (Whichever is low) for both Intraday & Delivery 0.03% for Intraday & 0.3% for Delivery - Negotiable
Equity Futures Rs 20 or 2.5% (Whichever is low) 0.03% of Turnover - Negotiable
Equity Options Rs 20 per executed order Rs 70/lot - Negotiable
Currency Futures Rs 20 or 2.5% (Whichever is low) Rs 20/lot- Negotiable
Currency Options Rs 20 per executed order 0.03% of Turnover- Negotiable
Commodity Rs 20 per executed order 0.03% of Turnover- Negotiable
Account Opening Costs

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

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

Equity 0.1% on Buy & Sell 0.0035% of Turnover
Futures 0.0125% on Sell side 0.0029% of Turnover
Options 0.0625% on Sell side 0.065% of Premium Turnover
Commodities 0.0625% on Sell side 0.0030% of Turnover
AMC charge Rs 240 per year Rs 300/year
DP Transaction Charge Rs 20 Rs 25/debit transaction
Offline order placing Charge Nil NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 5 Days on ODIN
End of Day 5 Years 5 years on ODIN
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 5x on Intraday Upto 10 times Intraday, Delivery upto 3 times @Interest
Equity Futures 1x Upto 2 times Intraday
Equity Options Upto 1.3x for Intraday No Leverage
Currency Futures 1x No Leverage
Currency Options Upto 2x No Leverage
Commodity Upto 1.3x for Intraday 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
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 34 Crores Rs 47.8 Crores
Profit after Tax FY12/13 Rs 46 Crores Rs 51.3 Crores
Profit after Tax FY13/14 Rs 58.5 Crores Rs 57.30 Crores
Profit after Tax FY 14/15 Rs 70.56 Crores Rs 41.18 Crores
Profit after Tax FY 15/16 Rs 86.18 Crores Rs 73.20 Crores
Profit after Tax FY 16/17 Rs 93.16 Crores Rs 60.16 Crores
Profit after Tax FY 17/18 Rs 93.75 Crores Rs 65.08 Crores
Profit after Tax FY 18/19 Rs 92.16 Crores Rs 49.38 Crores
Profit after Tax FY 19/20 Rs 101.04 Crores Rs 60.60 Crores
Profit after Tax FY 20/21 Rs 106.38 Crores Rs 57.23 Crores
Profit after Tax FY 21/22 Rs 114.11 Crores Rs 53.74 Crores
Profit after Tax FY 22/23 Rs 117.88 Crores Rs 56.57 Crores
Debt FY11/12 Rs 18.04 Crores Rs 121.6 Crores
Debt FY12/13 Rs 12.77 Crores Rs 29.7 Crores
Debt FY13/14 Rs 18.41 Crores Rs 41.7 Crores
Debt FY14/15 Rs 19.90 Crores Rs 40.21 Crores
Debt FY15/16 Rs 20.45 Crores Rs 51.76 Crores
Debt FY16/17 Rs 21.47 Crores Rs 60.67 Crores
Debt FY17/18 Rs 24.55 Crores Rs 61.80 Crores
Debt FY18/19 Rs 20.35 Crores Rs 55.53 Crores
Debt FY19/20 Rs 17.85 Crores Rs 62.54 Crores
Debt FY20/21 Rs 28.15 Crores Rs 48.47 Crores
Debt FY21/22 Rs 17.34 Crores Rs 65.88 Crores
Debt FY22/23 Rs 16.41 Crores Rs 43.25 Crores
Profit to Equity(%) FY11/12 11.12% 18.78
Profit to Equity(%) FY12/13 14.48% 20.52
Profit to Equity(%) FY13/14 16.37% 20.52
Profit to Equity(%) FY14/15 19.95% 21.49
Profit to Equity(%) FY15/16 21.78% 14.10
Profit to Equity(%) FY16/17 21.14% 21.34
Profit to Equity(%) FY17/18 23.12% 15.67
Profit to Equity(%) FY18/19 25.83% 21.67
Profit to Equity(%) FY19/20 25.58% 19.70
Profit to Equity(%) FY20/21 28.36% 24.91
Profit to Equity(%) FY21/22 31.98% 28.75
Profit to Equity(%) FY22/23 34.21% 23.57
Balance Sheet Size FY11/12 Rs 2555.02 Crores Rs 986.9 Crores
Balance Sheet Size FY12/13 Rs 2642.34 Crores Rs 1486.88 Crores
Balance Sheet Size FY13/14 Rs 2467.69 Crores Rs 1534.04 Crores
Balance Sheet Size FY14/15 Rs 3054.50 Crores Rs 1534.04 Crores
Balance Sheet Size FY15/16 Rs 3467.89 Crores Rs 1623.73 Crores
Balance Sheet Size FY16/17 Rs 3944.09 Crores Rs 1050.99 Crores
Balance Sheet Size FY17/18 Rs 4072.42 Crores Rs 1266.16 Crores
Balance Sheet Size FY18/19 Rs 4641.82 Crores Rs 1211.62 Crores
Balance Sheet Size FY19/20 Rs 4934.50 Crores Rs 1786.58 Crores
Balance Sheet Size FY20/21 Rs 5174.08 Crores Rs 1711.68 Crores
Balance Sheet Size FY21/22 Rs 5438.13 Crores Rs 1315.81 Crores
Balance Sheet Size FY22/23 Rs 5549.67 Crores Rs 998.72 Crores

Comparison Link:

Compare HDFC Sky Compare SMC Global
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HDFC Sky Vs HDFC Securities SMC Global Vs HDFC Securities
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HDFC Sky Vs Achiievers SMC Global Vs Achiievers
HDFC Sky Vs A C Choksi SMC Global Vs A C Choksi
HDFC Sky Vs Angel Broking SMC Global Vs Angel Broking
HDFC Sky Vs Motilal Oswal SMC Global Vs Motilal Oswal
HDFC Sky Vs ICICI Direct SMC Global Vs ICICI Direct
HDFC Sky Vs Sharekhan SMC Global Vs Sharekhan
HDFC Sky Vs Groww SMC Global Vs Groww
HDFC Sky Vs Tradesmart Online SMC Global Vs Tradesmart Online
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Frequently Asked Questions

Is HDFC Sky better than SMC Global ?

HDFC Sky and SMC Global are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is SMC Global better than HDFC Sky ?

HDFC Sky and SMC Global are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is HDFC Sky cheaper than SMC Global ?

HDFC Sky and SMC Global are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is SMC Global cheaper than HDFC Sky ?

HDFC Sky and SMC Global are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better HDFC Sky vs. SMC Global ?

To find out the better of the two stockbrokers HDFC Sky and SMC Global, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.