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Equity & Deriavtives Trading with SMC

Overview

Our team of Research Analysts and Advisory Managers guide you with solutions, backed by research, knowledge and expertise on a regular basis. We constantly help you with strategies for equity and derivatives investment, recommendations for trading on futures & options, hedging with Nifty and other products and opportunities of near risk free arbitrage between various segments.

Our Offerings

TRADING:

CALL N TRADE:

Enjoy trading by simply calling the dealing desk at branch / sub-broker with whom your account is opened.


ONLINE TRADING (Desktop, Laptop, Tablet & Smart Phone)

  • Browser Based: You can trade at your fingertips by login into your account in the online equity section on the website Trade Now. The password for online trading is being sent to you in a separate pin-mailer.
  • Application Based: Diet/Privilege users, need to download & install the application in their Desktop PC, smart phone or tablet devise.

Our Edge

  • Equity advisory team with trained equity professionals, who act as your Equity Advisor and help you take informed equity and derivatives investment decisions and build a healthy portfolio
  • Research support by a pool of skilled research analysts
  • We have dedicated RMs and Dealers
  • Focused services which make investments in equities simple.
  • SMS service providing intraday research support to the clients.
  • Competitive brokerage rates
  • Call & Trade facility through a simple phone call
  • A robust trading platform
  • News on stock results, earnings, bonus, share holding patterns, etc.

I m Interested in

About SMC

Established in 1990, SMC is one of the leading and well-diversified financial services companies in India offering services across brokerage (across the asset classes of equities (cash and derivatives), commodities and currency), investment banking, wealth management, distribution of third party financial products, research, financing, depository services, insurance broking and clearing services and real estate advisory services to corporate, institutional, high net worth individuals and other retail clients.

people icon
serving over
18 Lac
unique clients
add people
Workforce of
3000+
employees
build
Presence in500+ cities & oversease offices in Dubai
integrate
large network of
2,500+ sub-brokers & authorised persons
secure wallet
Cumulative AUM under Mutual Funds 3,000+ crores
*As on 31st March 2018

FAQs

Who are eligible to open online trading account?
Any individual, HUF (Hindu Undivided Family), proprietary firm, partnership firm or a corporate can open online trading account with SMC.
How to open an Online Trading Account with SMC?
It is very simple! Just choose from below mentioned options to contact us
What are the documents required to open an account with SMC?
To open an account, following documents are required to be submitted along with filled up client registration form:
For Individuals
  • Two passport size photographs (signed across by the client) (Copy of aadhar card is mandatory)
  • Photocopy of PAN card (photocopy should be clearly visible)
  • Proof of Identity a) Passport; b) PAN; c) Voter ID; d) Driving License; e) MAPIN card
  • Proof of Address
    • Voter ID
    • Driving License
    • Passport
    • Ration Card
    • Photocopy of Bank Passbook/Bank Statement (attested by Bank)
    • Latest Telephone (landline)/Electricity/Water Bill (Not older than two months)
    • Notarized copy of Lease-License agreement / Sale Deed
    • Identity Card, with address, issued by Central/State Govt. & its departments, Statutory/Regulatory Authorities, Public Sector Undertakings, Scheduled Commercial Banks, Public Financial Institutions, Professional Bodies such as ICAI, ICWAI, Bar Council etc. to their members & Colleges affiliated to Universities.
  • Bank Account Proof
    • Photocopy of Cheque / Cancelled Cheque (compulsory in case of MICR)
    • Copy of latest Bank Statement / Passbook, clearly mentioning Bank Account Number, Branch Name & Client Name (not older than six months)
    • Letter from banker certifying account number & the period from which the account is operational
For HUF
  • All documents & annexures as per "Individual"
  • Photograph of Karta signed across the photograph
  • Proof of Identity & Address of Karta
  • Photocopy of PAN card of Karta & HUF
  • HUF stamp should be affixed wherever the client’s signatures are on the agreement
  • HUF declaration duly stamped & signed by Karta & two concerns clearly mentioning the name, relation & date of birth of the family members
For Proprietorship Firm
  • All documents & annexures as per "Individual"
  • Latest photograph signed by proprietor
  • Proof of Identity & address of proprietor
  • Photocopy of latest Income Tax return filed
  • Proprietorship firm’s stamp should be affixed wherever the proprietor signs on the agreement.
  • Declaration of the firm as per "annexure" mentioned in the form.
  • Certification from the bank stating that the account is in the name of the proprietorship firm and the name of the proprietor on the bank letter head
How long does it take to open an online trading account?
Through EKYC it takes 30 minutes otherwise it takes normally 3-4 working days to open an account provided documents submitted are in order.
Is it mandatory to open a demat account with SMC for online trading?
Yes, it is compulsory to have demat account with us for Internet Trading.
Do I get any intimation once my online trading account is opened?
Once account is opened, SMC dispatches a welcome kit to its customers which contains Welcome Letter, Information Brochures, software/demo CD etc. so that you do not face any problem while operating your trading account.
How can I place orders if I do not have access to internet while on move?
SMC also provides Call-N-Trade services to its customer so that customer can place order if he/she does not have access to internet.
How many exchanges can I trade on?
You can trade on NSE, BSE, MCX, NCDEX and MCX-SX on single platform.
Can I transfer funds online?
Yes, you can transfer funds online. There are 21 banks available on trading portal through which you can instantly transfer fund to your trading account if you have bank account with any of the mentioned banks. You need to register bank account, in your name, with us for availing this facility and multiple banks can be added. For list of available banks Click Here
Can I submit Cheque if I do not have online banking facility or if my net banking is not working?
Yes, you can submit a Cheque but buying limit would be provided to your trading account once the same is cleared & confirmed by the bank.
What is Delivery Based Trading?
Delivery Trading is basically delivery based trading wherein 100 percent Funds / Shares are blocked at the time of placement of the order. i.e. if you want to buy shares you should have the entire amount of funds in your cash limit and if you want to sell shares the same should be available in your demat account. For sell positions, your trading limits will be increased immediately with the sell trade value. This will enable you to take further positions in the market.
What is Margin/Intra day trading?
In Margin trading / Intra day trading, if you place a buy order then you will have to place a sell order or vice versa same day i.e. in same settlement cycle. You are required to close all your intraday positions prior to 20 minutes of market closure. SMC may square off, whenever it is applicable, 20 minutes prior to normal market closing. You can also convert margin orders to delivery if you have sufficient buying power available in your trading account.
When do SMC release the margins blocked on margin positions?
When the margin position is closed out (either by squaring off or converting to delivery), the proportionate margin blocked on the position so squared off is released back and added to the limits.
What is Currency Futures?
In simple words, it is a contract to exchange one currency for another currency at a specified date and a specified rate in future. Therefore, the buyer and the seller lock themselves into an exchange rate for a specific value or delivery date. Both parties of the futures contract must fulfill there obligations on the settlement date. All settlements go through the exchange.
Do SMC provide Currency futures trading online?
Yes any SMC clients can trade in currency futures on NSE,BSE and MCX.
What is Commodity Futures Trading?
In simple words, it is future contract where there is an agreement between two parties to buy and sell a specified quantity & defined quality of a commodity at a certain time in future at a price agreed upon at the time of entering into the contract. All settlements are done through well regulated commodity exchanges.
Do SMC provide Commodity Futures Trading online?
Yes, SMC Online clients can trade in commodity futures trading on MCX & NCDEX.
Can I place After Market Order (AMO)?
Yes, SMC Online clients can place AMO orders.
Can I place BTST (Buy Today Sell Tomorrow) orders?
Yes, SMC Online clients can place BTST orders.
Can I cancel / modify order?
Yes, you can modify or cancel an order any time before execution. You can do this by accessing the Order Book page where you have the option to modify or cancel the order. You would not able to modify or cancel order if order has been sent to exchange & confirmation is awaited.
Do I get any confirmation after trading is done?
You get instant trade confirmation on your trading portal. Apart from this, a soft copy of Contract note is sent to your registered mail id & hard copy of contract note is dispatched on your address (registered with us). You will also receive an SMS of your net obligation, at the end of trading day, if you have provided us your mobile number. You can also check your online back office, round the clock, to track trading done by you.
What should I do if I am facing login related problem?
Login related problem can arise due to following reasons
  • Check your internet connection.
  • Ensure that you are putting right password. If you have forgotten your password then put a request mail for new password to helpdesk@smcindiaonline.com from your mail id (registered with us).
  • Check your system configuration.
If you have checked above points then call online customer care for help.
What are the additional features available online?
Online Trading account comes with Online IPO and Online Mutual Fund features. Thus, with single registration, you can apply for IPOs online & can transact in a large number of mutual fund schemes available online. You can also access your back-office online anytime anywhere to track your investments.
How to contact for help related to online trading?
At SMC, we are always happy to help our customers. You can contact our online helpdesk by any of the following ways
* Available from 08:00 a.m. to 08:00 p.m. from Monday to Friday. On Saturday from 08:00 a.m. to 04:00 p.m

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