Trade Smart Online

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A discounted broker dealing in different segments like stock, commodity, and currency trading. TradeSmart offers trading platforms in BSE, NSE Cash , F&O, Currency, Commodities. It has an active client base of 39,368 till September 2022.



Discount Broker
      
Depository: CDSL


Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

 Equity                

 Commodity               

 Currency               

 Futures               

 Options               





Brokerage Plans (Single Plan)

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.



CHARGES

Account Opening Charge
Free
Account Maintenance Charge
₹300
Call & Trade Charges
₹20



BROKERAGE

Equity Delivery Brokerage
₹15
Equity Intraday Brokerage
₹15
Equity Futures Brokerage
₹15
Equity Options Brokerage
₹15
Currency Futures Brokerage
₹15
Currency Options Brokerage
₹15
Commodity Futures Brokerage
₹15
Commodity Options Brokerage
₹15



MARGINS

Equity Delivery Margin
1x
Equity Intraday Margin
30x
Equity Futures Margin
7x
Equity Options Margin
7x
Currency Futures Margin
3x
Currency Options Margin
0x/1x
Commodity Futures Margin
6x
Commodity Options Margin
0x


Trade Smart Online Brokage Calculator





Advantages

1.The company provides 2 brokerage plans which can suit every trading strategy.They provide flexibility to switch over from one brokerage plan to another, depending upon their strategy.

2.Transaction charges (turnover charges, clearing charges, etc) are one of the lowest in the industry.

3.No account opening charges.Provides Margin against Shares (MAS)



Disadvantages

1.They charge extra additionally for Call & Trade.

2.Intraday positions (MIS, CO & BO), if squared off by the RMS team, is charged extra.

3.Doesn't provide portfolio management services, tips or research reports.

4.One cannot apply for an IPO.


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