INDmoney Vs Trade Smart
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
INDmoney Vs Trade Smart - Broker Details
| INDmoney | Trade Smart | |
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| Single Margin Facility |
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| Year of Incorporation | 2019 | 1994 |
| Exchanges | NSE, BSE and MCX | BSE, NSE and MCX. |
| Branches | 966 | Zero |
| Brokerage | 0.05% or up to ₹20/Per Order | 0.007% or ₹15/ Order |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs Trade Smart - Account Opening & AMC Charges
| INDmoney | Trade Smart | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs Trade Smart - Brokerage charges & Plans
| INDmoney | Trade Smart | |
|---|---|---|
| Commodity Futures | N/A | 0.007% or ₹15/ Order |
| Currency Futures | 0.05% or up to ₹20/Per Order | 0.007% or ₹15/ Order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | 0.07% or ₹15/ Order |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹7/ Lot or ₹15/ Order |
| Commodity Options | N/A | ₹7/ Lot or ₹15/ Order |
| Equity Futures | 0.05% or up to ₹20/Per Order | 0.007% or ₹15/ Order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | 0.007% or ₹15/ Order |
INDmoney Vs Trade Smart - Other Charges
| INDmoney | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/Order |
| API Charges | N/A | ₹750/Order |
| Call & Trade Charges | ₹50 per position | ₹20/Order + brokerage commission |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | 0.007% or ₹15/ Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹15/ Order |
INDmoney Vs Trade Smart - Transaction Charges
| INDmoney | Trade Smart | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | 0.06% |
| Equity Futures | NSE: 0.00195% on total turnover value | 0.0024% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | 0.0035% |
| Equity Options | NSE: 0.053% on premium value | 0.0715% |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | 0.0039% |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | 0.00165% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | 0.0035% |
INDmoney Vs Trade Smart - Margin (Exposure)
| INDmoney | Trade Smart | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
INDmoney Vs Trade Smart - Features
| INDmoney | Trade Smart | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs Trade Smart - Review & Rating
| INDmoney | Trade Smart | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Trade Smart - Request a call back from Broker
| INDmoney | Trade Smart | |
|---|---|---|
INDmoney Vs Trade Smart - Investment Options
| INDmoney | Trade Smart | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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INDmoney Vs Trade Smart - Order Type
| INDmoney | Trade Smart | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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INDmoney Vs Trade Smart - Research & Report
| INDmoney | Trade Smart | |
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| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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INDmoney Vs Trade Smart - Daily Market Report
| INDmoney | Trade Smart | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Trade Smart - Suitable For Investor
| INDmoney | Trade Smart | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Trade Smart - Pros & Cons
| INDmoney | Trade Smart | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 1.It provides the unique brokerage plans designed to meet the needs of the customers. 2.The Bracket Order and Cover Order are available on mobile app. 3.TradeSmart do not require any minimum amount to open an account. 4.Low Transaction charge. 5.It provides excellent customer service. 6.It provides 10% credit of the brokerage that are generated by the clients referred by them. 7. No Minimum Commitment 8.It facilitates its customers with the Mutual Funds and Offer for Sale .9. It provides advanced trading tools to make trading easy and fluent. |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 1.The call and trade are charged at an additional cost of ₹20 per trade. 2. It allows Intraday positions squared off by the RMS team is charged at ₹20 per trader. 3.It does not provide the facility of 3-in-1 account. |
INDmoney Vs Trade Smart - Background
| INDmoney | Trade Smart | |
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INDmoney Vs Trade Smart - Compare All Brokers
| INDmoney | Trade Smart | |
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INDmoney Vs Trade Smart - STT/CTT
| INDmoney | Trade Smart | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell trade (Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% only on sell side | 0.05% on sell trade |
INDmoney Vs Trade Smart - Demat transaction charges
| INDmoney | Trade Smart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹15 + Gst per scrip per day only on sell |
INDmoney Vs Trade Smart - GST
| INDmoney | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
INDmoney Vs Trade Smart - SEBI Charges
| INDmoney | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Trade Smart - Account Opening & AMC Charges
INDmoney
Trade Smart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300 ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Trade Smart
| INDmoney | Trade Smart | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
TradeSmart Review | Brokerage Charges, Account OpeningTradeSmart is an Indian Discount broker house. According to TradeSmart broker review, this broker is a Mumbai-based broker that offers various discount brokerage services in stock, commodity, and currency trading segments. Tradesmartonline review is a venture of VNS finance that has a long brokerage service experience of more than 20 years. VNS Fina .. |
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Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
INDmoney Vs Trade Smart - Brokerage charges & Plans
| INDmoney | Trade Smart | |
|---|---|---|
| Commodity Futures | N/A | 0.007% or ₹15/ Order |
| Currency Futures | 0.05% or up to ₹20/Per Order | 0.007% or ₹15/ Order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | 0.07% or ₹15/ Order |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹7/ Lot or ₹15/ Order |
| Commodity Options | N/A | ₹7/ Lot or ₹15/ Order |
| Equity Futures | 0.05% or up to ₹20/Per Order | 0.007% or ₹15/ Order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹15/ Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | 0.007% or ₹15/ Order |
INDmoney Vs Trade Smart - Margin (Exposure)
| INDmoney | Trade Smart | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
INDmoney Vs Trade Smart - Other Charges
| INDmoney | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/Order |
| API Charges | N/A | ₹750/Order |
| Call & Trade Charges | ₹50 per position | ₹20/Order + brokerage commission |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | 0.007% or ₹15/ Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹15/ Order |
INDmoney Vs Trade Smart - STT/CTT
| INDmoney | Trade Smart | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell trade (Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% only on sell side | 0.05% on sell trade |
INDmoney Vs Trade Smart - Demat transaction charges
| INDmoney | Trade Smart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹15 + Gst per scrip per day only on sell |
INDmoney Vs Trade Smart - GST
| INDmoney | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
INDmoney Vs Trade Smart - SEBI Charges
| INDmoney | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Trade Smart - Features
| INDmoney | Trade Smart | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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