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


Partner Us

Our approach towards our Business Partner is that of them being a shoulder to share responsibilities in the Mission of “Powering your Wealth”, an effort through expanding our Brand, Product and Services to the investors as a member of Stewart & Mackertich family. All that we seek from our Business Partners is passion for Growth and intense spirit of Entrepreneurship. Following are our different business products & services and aspects made to suit your individual need to help you grow:

Comprehensive On boarding Support

Stewart & Mackertich believe in beginning the journey with the right spirit & motivation in building up strong bonds with each of our Business Partners and groom the partnership with all the right resources to grow the business. This is also what sets us apart from the market competition.

open demat account Focused and time-bound approach to help onboard initial set of new clients or migrate from your existing setup

depository service Dedicated onboarding desk of operations team for smooth transition

certified wealth manager Knowledge support for better understanding of systems and processes related to Back Office Operations &Risk Management Systems

Extended Business Support

To help our Business Partners begin the growth Process, we provide extended business development support through the following

online equity trading Dedicated Product Specialists, Experienced Professionals and personalized meetings of these experts with Business Partners and their end clients to not only pitch large avenues of investment solutions and financial services under one roof, but also to ensure a bigger allocation of the client's money to achieve sustainable financial growth

free demat account Client acquisition support with strategy, tactics, leads, startup kit, marketing collaterals, events & seminars.

best stock broker for trading Local marketing strategy as per Business Partner's strengths and opportunities in the market

Robust Risk Management System

Effective risk management plays a crucial role in any company's pursuit of financial stability and superior performance. To avoid the risks and losses associated in the investment field, we have developed a Risk Management System which is unmatched in the market.

fundamental and technical analysis of stocks Centralized real-time risk monitoring & control system with in-built system driven alerts & controls to support branch & client level exposures& margin factors.

portfolio management service The system consists of various automated products for risk management whereby, positions are squared up if MTM loss crosses 70% of available margin, Auto Square Off Facility

commodity market Leverage feature for Intraday trade where you may take exposure upto 20 tim es your margin and Stoploss benefits to sell Options position with limited margin on the last day.

Back-Office Support

Technology oriented processes for ease of business and dedicated teams to resolve your issues, are put together to support your growth.

online mutual funds Single Login Platform to access all kinds of reports- Ledgers, Margin Reports, Shortage, DP statements, P&L statements, etc.

online mutual funds 24X7 Banking with mobile app/online portal

smifs online trading Customer Service with quick turnaround time with dedicated IVR lines to address requests and issues of our Business Partners, from 9:00 am to 7:30 pm on working days (Mon-Fri) and 10.00 am to 2.00 pm (Saturday)

smifs equity trading online Dedicated Compliance & Legal Support for handling and resolution of Business Partner or client disputes

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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