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Referral Scheme SMC (Benefit up to Rs 1000)

Margin Based Referral Scheme

Upfront Margin (In Rs) Referrer Benefit (Gift voucher amount) AOC with 1st year AMC Free
Nil (Basic Plan) Worth Rs 100 Nil
10000 Worth Rs 250 Nil
50000 Worth Rs 500 Nil
100000 Worth Rs 1000 Nil

Value added Subscription Plan (VASP) based Referral Scheme

VASP (In Rs) Referrer Benefit (Gift voucher amount) Referee Benefit (Gift voucher amount) AOC with 1st Year AMC free
AS2500 Worth Rs 500 Rs 500 Nil
AS5000 Worth Rs 750 Rs 750 Nil

Brokerage Slab

Referral Scheme Delivery (in % age) Intraday & Futures (in % age) Options (Per lot) Commodity (In %age) Currency (Per lot)
Upfront Margin 100000 0.16 0.016 30 0.016 8
Upfront Margin 50000 0.20 0.020 40 0.020 10
Upfront Margin 10000 0.35 0.035 100 0.035 18
Upfront Margin 'Zero' 0.40 0.040 100 0.040 25
AS2500 0.30 0.030 75 0.030 15
AS5000 0.25 0.025 60 0.025 12

Terms & Conditions

  • First trade should take place within 30 days of account opening.
  • All the rewards will be credited to the referrer & or referee account within 45 days of account activation.
  • VASP validity: 12 months from the date of account opening or receipt of value added amount whichever is later.
  • VASP amount is payable upfront & not refundable in any circumstances. This cannot be used as a margin or for calculating trading limit.
  • ODIN Diet Id Charges are NIL.
  • Under VASP, Brokerage will be reversed generated up to Subscription amount (Validity up to 12 Months).
  • Under VASP, Reversal of brokerage should be done on monthly basis up to the brokerage generated in that month & not exceeding the Subscription Amount.
  • SMC reserves the rights to discontinue the scheme if circumstances beyond the control of SMC arise due to regulatory actions.
  • Taxes and statutory charges are as per actual.
  • Brokearge Charges as follows on SMC referral schemes.

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Disclaimer: Investment in securities and commodities market are subject to market risks, read all the related documents carefully before investing. SMC Global Securities Ltd. (CIN : U67120DL1997PLC188881): NSE INB/ INF/INE 230771431, BSE INB/INF 011343937, MSEI INB/INF 260771432, CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH 100001849 I SMC Global Securities Ltd.: NCDEX/MCX (8200)/ NMCE/ICEX-INZ000035839 I SMC Global Securities Ltd.: PMS INP000003435 I SMC Insurance Brokers Pvt. Ltd., IRDAI Regi: No: DB 272/04, License No. 289 Valid from 28-01-2020 to 27-01-2023 I Registered Office: 11/6B, Shanti Chamber, Pusa Road, New Delhi-110005, Tel.: (011) 30111000. For any complaints email –, website:

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Insurance is the subject matter of solicitation • All insurance products sold through SMC Insurance Brokers Pvt. Ltd. • Investment Banking Services provided by SMC Capitals Ltd. • Equity PMS and Wealth management services provided by SMC Global Securities Ltd. • IPOs and Mutual Funds distribution services are provided by SMC Global Securities Ltd. • Financing Services provided by Moneywise Financial Services Pvt Ltd. • Commodity broking services provided by SMC Global Securities Ltd. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd.

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