摘要:SMC is a financial services company operating in India since 1990 without regulation. It offers brokerage services 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 (life & non-life), clearing services, mortgage advisory and real estate advisory services to corporates, institutions, high net worth individuals and other retail clients.
Aspect | Information |
Company Name | SMC |
Registered Country/Area | India |
Founded Year | 1990 |
Regulation | Unregulated |
Services | Broking, Distribution, Insurance Broking, Advisory, financing |
Tradable Assets | Equities (cash and derivatives), Commodities and Currency |
Demo Trading | Available |
Trading Platform | SMC Easy Trade, SMC Easy go, SMC Privilege |
Customer Support | Phone, Message, Email, FAX, SMS, Social media |
Educatioal Resources | Webinars, News, Research & Analysis, Blog |
SMC is a financial services company operating in India since 1990 without regulation. It offers brokerage services 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 (life & non-life), clearing services, mortgage advisory and real estate advisory services to corporates, institutions, high net worth individuals and other retail clients.
The company emphasizes customer support, providing multiple contact options and various educational resources, which are beneficial for individuals.
SMC is currently in an unregulated state. Traders are suggested to be cautious as the company lacks regulation by an authority.
SMC has several advantages, including providing comprehensive services, a diverse range of tradable assets, dedicated customer support and extensive educational resources. The broker offers various trading platforms and download methods, allowing clients to access them on desktop and Android devices. Additionally, the company provides demo trading, which are convenient for clients to develop their strategies in a risk-free environment.
However, the broker is unregulated, posing risks for clients. Additionally, there is limited detailed information about leverage, minimum deposits, and deposit/withdrawal methods.
Pros | Cons |
Diverse range of tradable assets | Unregulated |
Dedicated customer support | Limited detailed information |
Comprehensive services | |
Available demo trading | |
Various trading platforms | |
Extensive educational resources |
SMC offers a comprehensive range of services for all your investment needs, including Broking, Distribution, Insurance Broking, Advisory and financing.
Broking: SMC offers trading services for Equities & Derivatives, Commodities, Currencies, Depositories, Clearing, Institutional Broking, NRI Business, and FPI Investments.
Distribution: Traders benefit from liquidity and transparency with diverse portfolio options in Mutual Funds and IPOs. Clients can also trade various commodities, including agri commodities, bullion, metals, oil, oil seeds, and energy products using SMCs expertise.
Insurance Broking: SMC provides both Life Insurance and Non-Life Insurance services.
Advisory: SMC offers advisory services for Real Estate, Mortgages, Wealth Management, Portfolio Management, Investment Banking, and Forex. They provide comprehensive real estate solutions for investors, corporates, and property owners from reputed developers, including residential and commercial properties for investment or personal use. Their mortgage advisory team assists in funding buy-to-let investments, offering valuable insights for informed decisions. Additionally, SMC offers expert advice on estate planning, business succession, stock-option planning, and hedging derivatives for large stock blocks.
Financing: SMC provides diverse financial solutions, including loans against securities, instant finance against agri commodities, multipurpose loans, margin funds for IPOs/FPOs and NCDs, support for business growth, medical equipment loans for doctors, and personal loans for salaried individuals.
SMC offers three types of trading accounts: Equities (cash and derivatives), Commodities, and Currency.
For those interested in Equities & Derivatives, the SMC team offers expert guidance and recommendations for equity and derivatives investments, futures & options trading, and low-risk arbitrage opportunities across segments.
Commodity trading involves trading various types of commodities, including agri commodities, bullion, metals, oil, oil seeds, and energy products using SMCs expertise.
Currency trading is conducted through a broker or dealer and involves executing trades in currency pairs. Currency enthusiasts can simultaneously buy one currency and sell another to make a profit.
Joining SMC is a straightforward process that can be completed in a few simple steps:
Registration: Visit the SMC website and click on the “Trade Now” button. You will be directed to the registration page, where you can find the option to “Open Account Now”. Then, you can register with your email and mobile number.
Choose the service: Select a trading service customized to meet your specific requirements and preferences.
Start Trading: With your account funded, you can now access the trading platform provided by SMC and start trading.
SMCs online trading facility offers the convenience to trade using any device viz. Mobile, Tablet or Desktop.
SMC Easy Trade– an easy to use online trading platform for Desktop, Mobile and Tablet that helps investors and traders to buy/sell stocks and check back office reports seamlessly.
SMC Easy go is a mobile application where you can check your back office reports and market information with just a few clicks.
SMC also provides a robust desktop application based trading platform called SMC Privilege which is meant for clients who are actively involved in the stock market and do heavy intraday trading.
SMC provides various contact options to assist clients with different needs:
Telephone consultation: Our responsive customer service team is ready to answer any questions you may have. You can reach us at +91-11-66075200.
Message: You can contact the company via online messaging. Your requirements are important to us.
Helpdesk: Our office address is SMC Global Securities Ltd., 11/6B, Shanti Chamber, Pusa Road, Delhi-110005.
Email: Customers can contact SMC via email at smc.care@smctradeonline.com.
FAQs: If you have questions and seek quick answers, SMC offers a comprehensive list of Frequently Asked Questions (FAQs) on our website where you can find a lot of useful information.
Fax: You can also contact the company via fax at +91-11-25754365.
SMS: You can reach us through “SMC HELP” by sending a text message to 56677.
Social media: Feel free to follow us on social media platforms like Facebook, Twitter, and Instagram.
SMC offers traders a wealth of educational resources, including webinars, news updates, research and analysis, and blogs.
Webinars: Led by specialists, these live sessions cover trading techniques, market trends, financial product selection, and long-term investment strategies.
News: SMC provides the latest updates on the economy, corporate sector, equities, commodities, currencies, IPOs, and insurance, aiding traders in making informed decisions.
Research & Analysis: Using the EIC method, SMC's Research team offers comprehensive Fundamental Research reports on over 100 stocks, including investment summaries, valuations, and buy/sell recommendations.
Blog: Traders can access educational content in blog format, providing basic information in an engaging and informative manner.
In conclusion, SMC offers comprehensive financial services, a diverse range of assets, dedicated customer support, extensive educational resources, various trading platforms, and demo trading.
However, the broker lacks regulation, and detailed information regarding leverage, minimum deposits, and deposit/withdrawal methods is limited. Traders should consider these factors carefully when deciding to trade with SMC to ensure a secure and informed trading experience.
Q: What are the products and services offered by SMC through its Business Partners/Associates?
A: SMC offers diverse trading services across major market segments, including equity, derivatives, commodities, and currency futures & options.
Q: What are the infrastructure requirements for becoming a Business Partners/Associates?
A:The infrastructure and financial requirements are:
Min. 250 sq. feet of office space preferably in a prime location of your city/town
Workstation with VSAT / Lease Line/ Broad Band (Internet) minimum 1 mbps speed connectivity required to set up a trading terminal and back office systems.
Telephone lines with voice logger
Separate broadband connection for back office reports
Q: What kind of marketing support would a Business Partner/Associate receive from SMC?
A: As SMC Business Partner/Associate, you will receive Marketing Support through TV, Newspapers, Website, Marketing Collaterals, Seminars and Events, Outdoor Signage Posters, Standees, Canopies, Newsletters and Product E-mailers etc.
Q:Can I withdraw money from a demo account?
A:The Olymp Trade demo account provides the same functionality as a live account but uses virtual funds which can't be withdrawn.
Q: I have never been a Sub-Broker. Will that affect my eligibility?
A: No, we look at the ability of an individual and his experience in the financial markets. We also access your reputation in financial services/other businesses/social records with a good client base and past track record.