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SMS broker Accounts

SMC Global Account Type

SMC Global offers a variety of account types to cater to different trading needs. The primary account types include:

  • Trading Account: This account allows clients to buy and sell shares in various segments such as equity, derivatives, currency, and commodities.
  • Demat Account: This account is used for holding securities in an electronic format, facilitating the buying and selling process.
  • Margin Trading Account: Clients can borrow funds to trade, which allows for higher exposure to the market.
  • NRI Account: Specifically designed for Non-Resident Indians, enabling them to invest in Indian markets.
  • These accounts come with different features such as access to equity research, advisory services, and the ability to trade across multiple exchanges.

    SMC Global Broker Account Opening Process

    Opening an account with SMC Global involves several steps:

    • Visit a Branch or Contact: Clients can either visit the nearest SMC Global branch or provide their contact number to be contacted by a representative.

    • Submit Required Documents: The following documents are typically required for account opening:

      • PAN Card
      • Aadhar Card or another form of identity proof
      • Address proof (utility bills, bank statements, etc.)
      • Passport-sized photographs
      • Complete KYC Process: After submitting the documents, the company will verify the KYC (Know Your Customer) information and complete related formalities.

      • Receive Welcome Kit: Upon successful verification, clients receive a welcome kit via email, which contains their account details.

      • Fund Your Account: Clients can transfer funds online using net banking, NEFT, RTGS, or by depositing a cheque.

      • Start Trading: Once the margin money is loaded, clients can begin trading in equity, derivatives, currency, and commodities.

      • The entire process typically takes 3-4 days to complete. SMC Global also offers free account opening and no annual maintenance charge for the first year for specific accounts.

SMS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
SMS Account