best investment broker

SMIFS Limited

NIFTY 15,809.40 -430.90 (-2.65%)

SENSEX 52,792.23 -1416.30 (-2.61%)

Attention Investors

As stated in the new circular from NSE, additional margins shall be made applicable for all equity derivatives in phases starting from 14th September 2018    |   Attention Investors: 1. KYC: KYC is one-time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.   |   2. Prevent Unauthorized Transactions in your Demat Account : Update your Mobile Number and Email address with your Depository Participant. Receive alerts on your Registered Mobile and Email address for all debit and other important transactions in your Demat Account directly from CDSL/ NSDL on the same day.... issued in the interest of investors.   |   3. Prevent Unauthorized Transactions in your Broking Account : For Stock Broking Transaction 'Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day...Issued in the interest of Investors.   |   4. "Rights & Obligations of Stock Broker and Client”: Uniform Risk Disclosure Documents (for all segments / exchanges) and Guidance Note detailing the Do’s and Don’ts for trading on exchanges in the vernacular languages are available on NSE website at and can be downloaded.   |   5. Caution towards unsolicited messages: Please Refer Exchange Circulars: BSE Notice 20171117-18 dated 17-11-2017, BSE Notice 20180515-39 dated 15-05-2018, NSE Circular- 0208/2017 dated, 17-11-2017 NSE Circular: 0080/2018 dated 15-05-2018. Beware about unsolicited messages and refer the List of symbols in which messages received, appearing on Exchange Website : and Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of unethical behaviour, systemic wrongdoing or potential frauds through the anonymous portal facility provided on BSE & NSE website.   |   6. IPO: No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign the application form to authorize you bank to make payment in case of allotment. No worries for refund as the money remain in investor's account.   |   7. “SMIFS Limited as a Broker does not guarantee any return on investment or trading as the return on Investment and/or trading are subject to Market Risk”.   |   8. SCORES: Filing complaints on SCORES - Easy & quick | a. Register on SCORES Portal | b. Mandatory details for filing Complaints on SCORES - Name, PAN, Address, Mobile Number, Email ID | c. Benefits - Effective Communication and Speedy Redressal of the Grievances. 9. a. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. | b. Update your mobile number & email Id with your Stock Broker/Depository Participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. | c. Pay 20% upfront margin of the transaction value to trade in cash market segment. | d. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. | e. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.     World Investor Week 2021 | November 22-28, 2021 | Investing with Knowledge – Way to Financial Independence


Product & Services

Equities Trading

SMIFS Limited caters towards equity trading services to niche clients, corporate and HNI’s. We are a strong proponent of research-based decision making for equity investments and trading. Our Equity sales and dealers are trained in the process of online share trading to help investors take informed decisions in the equity market. Day traders and positional traders are given online and offline technical support to generate alpha-returns over a long period.

Equity investment is one of the best long-term investments in the financial marketplace. SMIFS Limited has excellent advisory services in place and provides guidance on IPO application and stock market along with multiple trading solutions in addition to value-added tools & services so that you can use to get the best returns out of your investments.

Equity represents ownership in a company acquired through the contribution of capital, which is required to set up or run a business. This capital is raised through the issue of shares to the public or a group of private persons, where each share represents a proportion of the stake on the assets and profits of the company. These shares are either bought directly from the company through an offer or traded (bought and sold) on the stock exchanges. In fact, today online equity trading forms the entirety of the turnover on the stock market.


The research reports will help you to take decisions on your own.

Equity is ownership & liquid in nature. Dividend is one of the USPs. Growing economy, high consumption, leads to growth of companies.

There are no minimum guaranteed returns in the product. In depth study on market & research reports will enable you to maximize your profits or minimize the losses.

Through the dedicated dealer provided to you [Offline Services] & by login to any of the Online products & facilities provided to you.

Yes, you will get the dealing desk contact number and a dedicated dealer. You simply have to call him and ask him to trade on your behalf.

Yes, we have a mobile platform named “S&M Elite”. You can trade using that platform.

No, the password is only with you. We keep the password in encrypted formats. So no one can sell your shares apart from you. Its advised that you keep your password safe with you.

Yes, you can approach any branch offices if you have a problem and your problem will be attended promptly(see the list of branches along with map and search option on the broker’s website. Also show the easy methods to reach out).

We have banks registered with us at ( Mobile App, Back-office Login, Online Trading Portal) and yes, you get a dropdown of all the banks which you are registered with us.

Invest in large-cap/good companies (weightage in Sensex). Perf of Top 500 companies of India has never underperformed Top500 companies’ rep 95% of market cap has given 16-17% returns. Take the right advice and study on market & research reports will enable you to take decisions.

We do not make any promises on a personal level. All the services and products explained to you are offered by the company and are standard for every client. The Dealer assigned to you will ensure you receive all the services for which you are eligible and you can always reach the Customer Care Desk for any assistance or query that you may have in any issues related to your accounts.

We will not be in a position to send you any calls or reports on your email ID, however all our latest reports of this week have been listed on our website under the \"Research\" tab. You can visit our website and go through the research reports.

BSDA stands for \"Basic Services Demat Account\". All the individuals who have or propose to have only one Demat account where they are the sole or first holder shall be eligible to have a BSDA provided that the value of securities held in the Demat account does not exceed Rupees Two Lakhs at any point of time. An individual can have only one BSDA in his/her name across all depositories.

Power of Attorney (POA) is a legal document giving legal authority to another person to operate your account (in this case the Demat account) as per the instructions contained. POA, though not a mandatory document to be signed, is required for smooth operation of your Demat account. Whenever you sell shares from your demataccount or want to pledge them for getting margin for trading, the POA is used to debit the shares from your Demat Account.

Yes. You can only open trading account and link your existing Demat Account with it.

No trade will ever be made without your consent. If you have experience any such issue you can raise your grievanceand send us your complaints on the designated email address mentioned on the website.

Embrace the wealth making potential of Equity Investment through our platform


To be Reliable Managers to Our Clients Wealth, and deliver higher returns than benchmarks in a Rational, Intelligent, Scalable and Repeatable manner

Registration Numbers: Single SEBI Registration No.: NSE (Cash) NSE (F&O) NSE (CD) BSE (Cash)

BSE (F&O) BSE (CD); MCX; ICEX; :INZ000220635; CDSL & NSDL SEBI Registration No.: IN-DP-414-2019; AMFI: ARN-3080;

PMS: INP000004623: CIN-U51109WB1993PLC060987


Regd. Office Address: 4, Lee Road, Vaibhav, 5th Floor, Kolkata – 700 020

West Bengal, India; Tel. No.: (91 33) 6634 5400, (91 33) 4011 5400; FAX: (91 33) 2289 3401

For any Grievance mail to Email:; Customer Care Email:

Copyright © 2017 SMIFS Limited

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