SMC’s Union Bank of India 3-in-1 programme combines Union Bank savings and demat accounts with SMC trading. Its full-service, discount and Alpha Trader plans differ in brokerage, research, relationship support and financing access. The prices below belong to that partner programme; other SMC channels can use different tariffs.[1][2]
Broker essentials01
SMC Global Securities at a glance
| Measure | Value | Context |
|---|---|---|
| Published service | Full-service and discount Indian securities and commodity brokerage | Source 1 |
| Primary operating jurisdiction | India | Source 1 |
| Firm named in account and regulatory context | SMC Global Securities Ltd | Source 2 |
| Type of broker | Indian securities, exchange derivatives and depository services | Source 1 |
| Service website | https://www.smctradeonline.com/union-bank-of-india | Source 1 |
Account types and onboarding
Sections ↑Account comparison02
Union Bank three-in-one plan variants (specific partner scheme)
| Item | Terms | Scope |
|---|---|---|
| Full service | Research, branch and dedicated RM under UBI-SMC partnership | Higher percentage trading charges pay for service packageSource 1 |
| Discount | No dedicated RM, digital execution, fixed order fees | Research and MTF benefits differSource 1 |
| Alpha Trader | Yearly subscription ₹699 plus GST; ₹5 executed order published | Subscription economics depend on volume, not one trade aloneSource 1 |
| Bank partner | Union Bank of India 3-in-1 account channel | May involve UBI demat and banking fees distinct from SMC brokerageSource 1 |
Account comparison03
Who receives advice, research and margin
| Item | Terms | Scope |
|---|---|---|
| Full-service RM | Dedicated relationship manager | Not promised for discount and Alpha plansSource 1 |
| Local branch | Nearest branch/franchise assistance shown for full-service tier | Don't present as included with all plansSource 1 |
| Research support | Free in full service, paid for discount/Alpha | Paid research access can change total service costSource 1 |
| MTF | Available in full service; not available for discount/Alpha in UBI comparison | Eligible shares and client approval also requiredSource 1Source 2 |
Markets, instruments and ownership
Sections ↑At a glance04
Indian listed investment menu
| Item | Terms | Scope |
|---|---|---|
| Cash equities | NSE/BSE stock market products | Holding shares distinct from futures contractSource 1Source 2 |
| Equity futures/options | Exchange-listed leveraged derivatives | Separate margin and brokerage pricingSource 2 |
| Currency derivatives | Indian exchange currency contracts | Do not describe as unregulated global OTC spot-FX accessSource 2 |
| Commodities | MCX/NCDEX futures memberships | Contract rules, expiry, CTT can varySource 2 |
| ETFs and IPOs | Product/app lists exchange-traded funds and new issues | IPO application not same as continuously traded ETFSource 1 |
| Mutual funds / SIPs | Investment distributions supported | Not necessarily exchange-executed stockbroker securitiesSource 1 |
At a glance05
Partner route versus standalone SMC scope
| Item | Terms | Scope |
|---|---|---|
| UBI 3-in-1 account | Prices in published bank partner tariff | Only for appropriately onboarded partnership customersSource 1 |
| Broker-wide products | SMC group offers broader investing/services | Do not infer partner prices cover all SMC clientsSource 2 |
| Bank-linked demat | UBI-specific DP AMC may coexist with SMC brokerage AMC | Avoid counting single yearly maintenance chargeSource 1 |
| Full MTF | UBI Full Service allows margin trading | Need security-specific eligibility and lending interestSource 1Source 2 |
Brokerage, FX, financing and other charges
Sections ↑Pricing & charges06
UBI full service commission and support
| Item | Terms | Scope |
|---|---|---|
| Intraday | 0.015–0.04% published range | Individual agreed plan sets actual percentageSource 1 |
| Delivery | 0.15–0.40% published range | Equity delivery costs rise with trade notionalSource 1 |
| Call and trade | Included free for UBI full-service plan | Not same as all channels' free manual supportSource 1 |
| Research | Included as free at this tier | Fee already reflected in overall service proposition, not “zero total”Source 1 |
| Demat AMC | UBI demat ₹250 plus GST from second year | Bank/depository component, not the same as SMC subscriptionSource 1 |
Pricing & charges07
UBI discount tier (not universal SMC tariff)
| Item | Terms | Scope |
|---|---|---|
| Intraday | Flat ₹15 per order | Separate exchange/taxes applySource 1 |
| Delivery | ₹0 brokerage | DP debit and government levies can remainSource 1 |
| Call and trade | ₹20 per call/order | Fee applies to supported assisted routeSource 1 |
| SMC AMC | ₹199 plus GST from second year | UBI demat ₹250 plus GST is additional as specifiedSource 1 |
| Research | Paid service, rather than full-service complimentary | Subscription/analyst fee can change comparisonSource 1 |
Pricing & charges08
Alpha Trader fixed tariff + subscription
| Item | Terms | Scope |
|---|---|---|
| Subscription | ₹699 plus GST per year | Overhead even without a tradeSource 1 |
| Intraday | ₹5 per order | Venue charges/taxes not includedSource 1 |
| Delivery | ₹5 per order | Unlike ₹0 discount delivery but lower intraday than discountSource 1 |
| Assisted dealing | ₹20 per call or order | Manual request differs from app tradeSource 1 |
| SMC annual maintenance | ₹199 plus GST from second year in partner comparison | UBI DP AMC further separateSource 1 |
Pricing & charges09
Commission illustrations tied to the right tier
| Item | Terms | Scope |
|---|---|---|
| Ten Alpha intraday executed orders | 10 × ₹5 = ₹50 plus annual subscription allocation | Before GST on subscription/other leviesSource 1 |
| Ten discount intraday orders | 10 × ₹15 = ₹150 | No assumed Alpha subscription for discountSource 1 |
| Ten full-service intraday orders | Depends on notional × negotiated 0.015–0.04% | Cannot calculate without value and contracted percentageSource 1 |
| ₹100,000 delivery UBI full service | Broker component between ₹150 and ₹400 at 0.15–0.40% | Excludes taxes and DP; range is plan-dependentSource 1 |
Orders, execution and dealing technology
Sections ↑At a glance10
Mobile features explicitly shown in partnership product
| Item | Terms | Scope |
|---|---|---|
| Neo-Gen | Mobile trading app listed across all UBI plan columns | Product availability not a measured latency claimSource 1 |
| Charting | Advanced multiple chart facilities advertised | Charts do not constitute regulated personal adviceSource 1 |
| GTT orders | Good-till-triggered order feature advertised | Trigger creates an instruction, not guaranteed execution priceSource 1 |
| Basket orders | Single-click basket placement marketed | Exchange/margin conditions apply order-by-orderSource 1 |
| Option chain | Option-chain analysis feature | Indicative information distinct from fulfilled strategySource 1 |
At a glance11
Margin and platform controls
| Item | Terms | Scope |
|---|---|---|
| Full-service financing label | The UBI chart prints “T+2/T+5” in its leverage column | The unexplained label is not a statement of the exchange’s current settlement cycle.Source 1 |
| Discount & Alpha | Cash-and-carry shown in comparison | No partner MTF entitlement in these tiersSource 1 |
| SMC separate MTF page | Interest advertised at 0.049% daily, subject to agreement | Daily interest on debit can outweigh low brokerageSource 2 |
| Research widget | Stock technical/fundamental data from SMC app | Indicative trade decisions remain client-controlledSource 1 |
Cash, currencies and asset transfers
Sections ↑At a glance12
Bank account linkage versus brokerage obligations
| Item | Terms | Scope |
|---|---|---|
| Three-in-one arrangement | Union Bank savings and demat accounts; SMC trading account | The bank and broker perform distinct functions.Source 1 |
| Demat AMC | UBI ₹250 plus GST from second year | Not combined with SMC brokerage AMC in one figureSource 1 |
| SMC AMC | ₹199 plus GST in discount/Alpha from second year | A separate service feeSource 1 |
| MTF loan | Borrowing only for eligible tier and products | Interest charged daily on loan notionalSource 1Source 2 |
| Funding route | SMC ACE 2.0 Fund Transfer using UPI or registered-bank net banking | The partner page describes this client funding workflow.Source 1 |
Legal entity, supervision and client protections
Sections ↑Entities & regulation13
Legal entity and registration identifiers
| Item | Terms | Scope |
|---|---|---|
| Broker company | SMC Global Securities Ltd | Distinct from Union Bank and other SMC group subsidiariesSource 2 |
| SEBI stockbroker | INZ000199438 | Verify broker by full legal name and registrationSource 2 |
| Depository participant | IN-DP-130-2015 | DP oversight/claims separate from broker executionSource 2 |
| Exchange member codes | NSE 07714; BSE 470; MSEI 1002; MCX 8200; NCDEX 00021 | Published in SMC’s production-site legal footer.Source 2 |
Entities & regulation14
Protection must match instruments and partner
| Item | Terms | Scope |
|---|---|---|
| Delivery shares | Demat stock recorded in eligible client account | Market price loss not a covered broker complaintSource 2Source 1 |
| MTF | Financed securities and margin shortfall create contractual obligations | No promise of fixed maximum loss from advertised ₹5 feesSource 2 |
| UBI bank | Deposits and banking from Union Bank must be treated separately | SMC SEBI registration does not become the bank's guaranteeSource 1Source 2 |
| Investor grievance | SMC posts escalation matrix and SEBI/ODR route | Regulatory dispute differs from order P/L disagreementSource 3 |
- Headquarters
- India
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
SMC Global Securities Ltd
IndiaSource 2
No separate licence entry is recorded in this panel.
Support, complaints and records
Sections ↑At a glance15
Partner support and broker complaints
| Item | Terms | Scope |
|---|---|---|
| UBI programme support | 011 6911 1011; [email protected] | Contact details on the partner programme page.Source 1 |
| Relationship manager | Included in the full-service plan | The discount and Alpha plans have different support entitlements.Source 1 |
| Call & Trade | ₹20 shown for the discount and Alpha tiers; free in full service | An additional service charge under the partner comparison.Source 1 |
| Broker grievance | [email protected] | SMC’s production-site legal footer identifies this securities complaint channel.Source 2 |
| Depository matters | [email protected] | Separate DP contact.Source 2 |
| Further escalation | [email protected]; then [email protected] under the matrix | The matrix also links SEBI SCORES and the ODR route; retain the complaint reference.Source 3 |
Research, tools and additional services
Sections ↑At a glance16
Research, tools and value-added services
| Item | Terms | Scope |
|---|---|---|
| SMC research | Full-service tier offers research without separate charge | Other routes may paySource 1 |
| Advanced charting | Mobile supports chart analysis and stock overview | Not an independently tested signal qualitySource 1 |
| Mutual funds and SIP | Offered along with share/ETF service | Distribution activity follows product provider termsSource 1 |
| Branch franchise | Local service described for full tier | Different from independent investment advisory licenceSource 1 |
| AutoTrender | One month free in the full-service programme | A time-limited tool benefit, separate from permanent free research.Source 1 |
Sources & further reading
- SMC: Union Bank of India three-in-one pricing and features SMC Global · Accessed 29 Oct 2026
- SMC: margin trading facility and published interest SMC Global · Accessed 29 Oct 2026
- SMC: support and escalation matrix SMC Global · Accessed 29 Oct 2026
- SMC: web-trading features SMC Global
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.