• +91 9773727566
COMPARE
Upstox vs SMC Global – Compare Charges, Trading Features, Offers & more

Find a Comparison of Upstox 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 Upstox and SMC Global.

Background

Year of Incorporation 2010 1994
Website https://upstox.com/ https://smcindiaonline.com/
Phone 022 - 41792999 011-30111444
Exchanges enabled NSE, BSE & MCX NSE, BSE, MCX, & NCDEX
Demat (NSDL/CDSL) 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 16 Lakhs Rs 47.8 Crores
Profit after Tax FY12/13 Rs 24 lakhs Rs 51.3 Crores
Profit after Tax FY13/14 Rs 68 Lakhs Rs 57.30 Crores
Profit after Tax FY 14/15 Rs 71 Lakhs Rs 41.18 Crores
Profit after Tax FY 15/16 Rs 73 Lakhs Rs 73.20 Crores
Profit after Tax FY 16/17 Rs 77 Lakhs Rs 60.16 Crores
Profit after Tax FY 17/18 Rs 80 Lakhs Rs 65.08 Crores
Profit after Tax FY 18/19 Rs 86 Lakhs Rs 49.38 Crores
Profit after Tax FY 19/20 Rs 88 Lakhs Rs 60.60 Crores
Profit after Tax FY 20/21 Rs 92 Lakhs Rs 57.23 Crores
Profit after Tax FY 21/22 Rs 95 Lakhs Rs 53.74 Crores
Profit after Tax FY 22/23 Rs 97 Lakhs Rs 56.57 Crores
Debt FY11/12 0 Rs 121.6 Crores
Debt FY12/13 0 Rs 29.7 Crores
Debt FY13/14 Rs 1.38 Crores Rs 41.7 Crores
Debt FY14/15 Rs 1.77 Crores Rs 40.21 Crores
Debt FY15/16 Rs 2.13 Crores Rs 51.76 Crores
Debt FY16/17 Rs 2.44 Crores Rs 60.67 Crores
Debt FY17/18 Rs 2.87 Crores Rs 61.80 Crores
Debt FY18/19 Rs 3.11 Crores Rs 55.53 Crores
Debt FY19/20 Rs 3.56 Crores Rs 62.54 Crores
Debt FY20/21 Rs 3.91 Crores Rs 48.47 Crores
Debt FY21/22 Rs 4.18 Crores Rs 65.88 Crores
Debt FY22/23 Rs 4.40 Crores Rs 43.25 Crores
Profit to Equity(%) FY11/12 3.48 18.78
Profit to Equity(%) FY12/13 5.10 20.52
Profit to Equity(%) FY13/14 13.73 20.52
Profit to Equity(%) FY14/15 15.70 21.49
Profit to Equity(%) FY15/16 16.22 14.10
Profit to Equity(%) FY16/17 16.87 21.34
Profit to Equity(%) FY17/18 17.42 15.67
Profit to Equity(%) FY18/19 17.99 21.67
Profit to Equity(%) FY19/20 18.54 19.70
Profit to Equity(%) FY20/21 19.01 24.91
Profit to Equity(%) FY21/22 21.58 28.75
Profit to Equity(%) FY22/23 22.15 23.57
Balance Sheet Size FY11/12 Rs 6.23 Crores Rs 986.9 Crores
Balance Sheet Size FY12/13 Rs 15.10 Crores Rs 1486.88 Crores
Balance Sheet Size FY13/14 Rs 27.97 Crores Rs 1534.04 Crores
Balance Sheet Size FY14/15 Rs 28.78 Crores Rs 1534.04 Crores
Balance Sheet Size FY15/16 Rs 29.94 Crores Rs 1623.73 Crores
Balance Sheet Size FY16/17 Rs 30.25 Crores Rs 1050.99 Crores
Balance Sheet Size FY17/18 Rs 31.87 Crores Rs 1266.16 Crores
Balance Sheet Size FY18/19 Rs 32.55 Crores Rs 1211.62 Crores
Balance Sheet Size FY19/20 Rs 33.90 Crores Rs 1786.58 Crores
Balance Sheet Size FY20/21 Rs 34.52 Crores Rs 1711.68 Crores
Balance Sheet Size FY21/22 Rs 35.55 Crores Rs 1315.81 Crores
Balance Sheet Size FY22/23 Rs 36.10 Crores Rs 998.72 Crores
Brokerage

Equity Rs 20/executed order per intraday equity, Equity delivery free 0.03% for Intraday & 0.3% for Delivery - Negotiable
Equity Futures Rs 20/executed order 0.03% of Turnover - Negotiable
Equity Options Rs 20/executed order Rs 70/lot - Negotiable
Currency Futures Rs 20/executed order Rs 20/lot- Negotiable
Currency Options Rs 20/executed order 0.03% of Turnover- Negotiable
Commodity Rs 20/executed order 0.03% of Turnover- Negotiable
Account Opening Costs

Trading only Rs 250 NA
Trading & Demat Rs 460 Rs 1000
Commodity Rs 250 Rs 500
Transparency & other costs

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

Equity 0.0035% on Turnover 0.0035% of Turnover
Futures 0.0021% on Turnover 0.0029% of Turnover
Options 0.059% on Premium Turnover 0.065% of Premium Turnover
Commodities 0.0036% on Turnover 0.0030% of Turnover
AMC charge Trading: 0, Rs 400/year for Demat Rs 300/year
DP Transaction Charge Rs 22/debit transaction Rs 25/debit transaction
Offline order placing Charge Rs 25/order placed on the phone NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days 5 Days on ODIN
End of Day 10 years 5 years on ODIN
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 20 times for intraday, 0 for delivery Upto 10 times Intraday, Delivery upto 3 times @Interest
Equity Futures Upto 4 times for intraday Upto 2 times Intraday
Equity Options Buying no leverage, shorting upto 4 times for intraday No Leverage
Currency Futures Upto 4 times for intraday No Leverage
Currency Options Buying no leverage, shorting upto 4 times for intraday No Leverage
Commodity Upto 3 times 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
Compare Upstox Compare SMC Global
Upstox Vs Dhani SMC Global Vs Dhani
Upstox Vs IIFL Securities SMC Global Vs IIFL Securities
Upstox Vs Paytm Money SMC Global Vs Paytm Money
Upstox Vs Goldmine Stocks SMC Global Vs Goldmine Stocks
Upstox Vs Globe Capital SMC Global Vs Globe Capital
Upstox Vs Fortune Trading SMC Global Vs Fortune Trading
Upstox Vs Finvasia SMC Global Vs Finvasia
Upstox Vs Farsight Securities SMC Global Vs Farsight Securities
Upstox Vs Fairwealth Securities SMC Global Vs Fairwealth Securities
Upstox Vs Elite Wealth SMC Global Vs Elite Wealth
Upstox Vs Dealmoney Securites SMC Global Vs Dealmoney Securites
Upstox Vs Competent Finman SMC Global Vs Competent Finman
Upstox Vs Coimbatore Capital SMC Global Vs Coimbatore Capital
Upstox Vs Cholamandalam SMC Global Vs Cholamandalam
Upstox Vs Choice Equity Broking SMC Global Vs Choice Equity Broking
Upstox Vs Canara Bank SMC Global Vs Canara Bank
Upstox Vs Bonanza Portfolio SMC Global Vs Bonanza Portfolio
Upstox Vs B N Rathi SMC Global Vs B N Rathi
Upstox Vs BMA Wealth Creators SMC Global Vs BMA Wealth Creators
Upstox Vs Bezel Stock Brokers SMC Global Vs Bezel Stock Brokers
Upstox Vs Beeline Broking SMC Global Vs Beeline Broking
Upstox Vs Bansal Finstock SMC Global Vs Bansal Finstock
Upstox Vs Axis Direct SMC Global Vs Axis Direct
Upstox Vs Ats Share Brokers SMC Global Vs Ats Share Brokers
Upstox Vs Asit C Mehta SMC Global Vs Asit C Mehta
Upstox Vs ASE Capital Markets SMC Global Vs ASE Capital Markets
Upstox Vs Arihant Capital SMC Global Vs Arihant Capital
Upstox Vs Alice Blue SMC Global Vs Alice Blue
Upstox Vs 5Paisa SMC Global Vs 5Paisa
Upstox Vs M.stock SMC Global Vs M.stock
Upstox Vs WisdomCapital SMC Global Vs WisdomCapital
Upstox Vs Way2wealth SMC Global Vs Way2wealth
Upstox Vs Ventura Securities SMC Global Vs Ventura Securities
Upstox Vs Tradeplus Online SMC Global Vs Tradeplus Online
Upstox Vs Tradejini SMC Global Vs Tradejini
Upstox Vs Tata Securities SMC Global Vs Tata Securities
Upstox Vs Swastika Investmart SMC Global Vs Swastika Investmart
Upstox Vs SBICAP Securities SMC Global Vs SBICAP Securities
Upstox Vs SASOnline SMC Global Vs SASOnline
Upstox Vs Samco securities SMC Global Vs Samco securities
Upstox Vs RKGlobal SMC Global Vs RKGlobal
Upstox Vs Reliance Securities SMC Global Vs Reliance Securities
Upstox Vs Nirmal Bang SMC Global Vs Nirmal Bang
Upstox Vs Master Trust Capital SMC Global Vs Master Trust Capital
Upstox Vs Kotak Securities SMC Global Vs Kotak Securities
Upstox Vs Interactive Brokers SMC Global Vs Interactive Brokers
Upstox Vs Indiainfoline SMC Global Vs Indiainfoline
Upstox Vs Indiabulls Securities SMC Global Vs Indiabulls Securities
Upstox Vs IDBI Capital SMC Global Vs IDBI Capital
Upstox Vs HDFC Securities SMC Global Vs HDFC Securities
Upstox Vs Geojit SMC Global Vs Geojit
Upstox Vs Fyers Securities SMC Global Vs Fyers Securities
Upstox Vs Edelweiss Capital SMC Global Vs Edelweiss Capital
Upstox Vs Easytradez SMC Global Vs Easytradez
Upstox Vs Asthatrade SMC Global Vs Asthatrade
Upstox Vs Anand Rathi SMC Global Vs Anand Rathi
Upstox Vs Aditya Birla Money SMC Global Vs Aditya Birla Money
Upstox Vs Achiievers SMC Global Vs Achiievers
Upstox Vs A C Choksi SMC Global Vs A C Choksi
Upstox Vs Angel Broking SMC Global Vs Angel Broking
Upstox Vs Motilal Oswal SMC Global Vs Motilal Oswal
Upstox Vs ICICI Direct SMC Global Vs ICICI Direct
Upstox Vs Sharekhan SMC Global Vs Sharekhan
Upstox Vs Groww SMC Global Vs Groww
Upstox Vs Tradesmartonline SMC Global Vs Tradesmartonline
Upstox Vs Zerodha SMC Global Vs Zerodha

Frequently Asked Questions

Is Upstox better than SMC Global ?

Upstox 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 Upstox ?

Upstox 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 Upstox cheaper than SMC Global ?

Upstox 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 Upstox ?

Upstox 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 Upstox vs. SMC Global ?

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