SMC Global Review

The Indian market is full of various trading platforms as the number of traders is growing daily. Many are working on providing traders with best trading support. However, not every platform is suitable for everyone. 

Therefore, today we’ll be analysing one of the oldest trading platforms, SMC Global. The SMC Global review will provide traders details of the broker and the services that it has been rendering over the years. 

So, let's jump into the depth of the SMC Global review article. 

What is SMC Global?

SMC Global is a financial services company. It was established in 1990 and is a diversified financial services company in India. The company offers brokerage services across the asset classes of equities, commodities and currency. Besides, it offers other instruments to trade. 

Besides, the company has a global presence in India as well as abroad through its Dubai office. It has a huge network of 50+ branches and 2400 registered sub-brokers and authorised persons with PAN India presence. 

It also has an online trading portal which is a one stop investment portal for traders. 

Why Choose SMC Global?

SMC Global is a developing platform. Its partners and business associates are creating valuable relationships. Thus, the company is going to have co-ownership in the businesses. 

The reasons that we would recommend SMC Global are: 

• 20 Lakh unique clients

• More than 3400 employees

• 440+ clients in India and abroad 

• Large network of 2400+ sub-brokers and authorised persons

• Cumulative AUM under mutual funds around 3000+ crores 

• Clearing settlement services to 300+ trading members

• Award-winning broker 

• Works on its ethics of transparency, passion, trust, innovation, integrity and relationship 

SMC Global Brokerage Charges 

SMC claims to provide traders with competitive charges. However, it prefers to serve based on the trading volume and bargain quality. Below we have the list of charges applicable: 

Traders can choose from these five separate plans. They can decide as per the rates and make the best of their trading experience. 

Available Markets 

SMC Global provides traders with major instruments and markets to trade. Here we have the markets that traders can successfully trade online: 

• Equity 

• Derivatives

• Commodities

• Currency

• Mutual Funds

• IPOs

• Fixed Income

How to open an SMC Global Demat Account?

Traders can open their demat account easily with SMC Global. Below we have the process that traders can follow for demat account opening: 

• Visit the website and click on open an demat account option.

• Then fill up the contract form 

• After which the trader will get a call from company executives for further application processing. 

• Executive instructs to complete the EKYC process. It is a mandatory step. A link to KYC form is provided and traders have to fill in the details of traders identity and provide the documents as proof and attach documents. 

• Then the broker connects with the trader for any internal process of registration. 

• Once the identity is verified, the trader gets account credentials in your email address. 

SMC Global Pros and Cons

Traders can have various advantages at SMC Global trading platform. Below mentioned are the pros that traders can enjoy: 

• 50+ branches for extensive reach 

• Call and trade facility available 

• Clients are allowed to place AMC and BTST orders

• Trading in IPOs, Mutual funds, bonds from one website. 

• General insurance is available 

• Trading is available in BSE and NSE

• Low bandwidth website 

However, the platform also has some drawbacks making it a real trading platform. Here we have the cons of SMC Global: 

• Mobile trading on NSE not available 

• Extra charges 

Conclusion

SMC Global is an Indian trading platform. It has been operating in the market since 1990 and has great market knowledge. Traders can easily trade with the platform and avail advantages as it is growing with the time. 

Traders have various markets, tools, demat account, demo account and many other supportive services. The article gives traders a brief review of what SMC Global is and why one should go with it and its charges, pros and cons. 

So, get details with SMC Global review and make profitable trades online.