Trade Smart Vs Elite Wealth
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.
Trade Smart Vs Elite Wealth - Broker Details
| Trade Smart | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1994 | 1990 |
| Exchanges | BSE, NSE and MCX. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | N/A |
| Brokerage | 0.007% or ₹15/ Order | 0.03% |
| Broker Type | Discount Broker | Full Service Broker |
Trade Smart Vs Elite Wealth - Account Opening & AMC Charges
| Trade Smart | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 ( 2nd Year onwards) | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Trade Smart Vs Elite Wealth - Brokerage charges & Plans
| Trade Smart | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.007% or ₹15/ Order | 0.03% |
| Currency Futures | 0.007% or ₹15/ Order | 0.03% |
| Equity Delivery | 0.07% or ₹15/ Order | 0.33% |
| Equity Options | ₹7/ Lot or ₹15/ Order | ₹33 per Lot |
| Commodity Options | ₹7/ Lot or ₹15/ Order | 0.03% |
| Equity Futures | 0.007% or ₹15/ Order | 0.03% |
| Currency Options | ₹7/ Lot or ₹15/ Order | ₹33 per Lot |
| Fixed Charges | ₹15/ Order | 0.03% |
| Equity Intraday | 0.007% or ₹15/ Order | 0.03% |
Trade Smart Vs Elite Wealth - Other Charges
| Trade Smart | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | ₹750/Order | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order + brokerage commission | ₹0 (Free) |
| Other Brokerage Charges | 0.007% or ₹15/ Order | 0.03% |
| Minimum Brokerage | ₹15/ Order | 0.03% |
Trade Smart Vs Elite Wealth - Transaction Charges
| Trade Smart | Elite Wealth | |
|---|---|---|
| Currency Options | 0.06% | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | 0.0024% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | 0.0035% | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Options | 0.0715% | NSE: 0.053% on Premium value |
| Commodity | 0.0039% | 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 Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | 0.00165% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | 0.0035% | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Trade Smart Vs Elite Wealth - Margin (Exposure)
| Trade Smart | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Trade Smart Vs Elite Wealth - Features
| Trade Smart | Elite Wealth | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Trade Smart Vs Elite Wealth - Review & Rating
| Trade Smart | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Trade Smart Vs Elite Wealth - Request a call back from Broker
| Trade Smart | Elite Wealth | |
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Trade Smart Vs Elite Wealth - Investment Options
| Trade Smart | Elite Wealth | |
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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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Trade Smart Vs Elite Wealth - Order Type
| Trade Smart | Elite Wealth | |
|---|---|---|
| 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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Trade Smart Vs Elite Wealth - Research & Report
| Trade Smart | Elite Wealth | |
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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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Trade Smart Vs Elite Wealth - Daily Market Report
| Trade Smart | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Trade Smart Vs Elite Wealth - Suitable For Investor
| Trade Smart | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Trade Smart Vs Elite Wealth - Pros & Cons
| Trade Smart | Elite Wealth | |
|---|---|---|
| Pros | 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. | 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days |
| Cons | 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. | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. |
Trade Smart Vs Elite Wealth - Background
| Trade Smart | Elite Wealth | |
|---|---|---|
Trade Smart Vs Elite Wealth - Compare All Brokers
| Trade Smart | Elite Wealth | |
|---|---|---|
Trade Smart Vs Elite Wealth - STT/CTT
| Trade Smart | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
| 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 % on Sell |
| Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
Trade Smart Vs Elite Wealth - Demat transaction charges
| Trade Smart | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | No Charges |
Trade Smart Vs Elite Wealth - GST
| Trade Smart | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Trade Smart Vs Elite Wealth - SEBI Charges
| Trade Smart | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Trade Smart Vs Elite Wealth - Account Opening & AMC Charges
Trade Smart
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 ( 2nd Year onwards)
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹0 (Free)
₹0 (Free)
Trade Smart Vs Elite Wealth
| Trade Smart | Elite Wealth | |
|---|---|---|
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 .. + " Vs "+ Elite Wealth |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Trade Smart Vs Elite Wealth - Brokerage charges & Plans
| Trade Smart | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.007% or ₹15/ Order | 0.03% |
| Currency Futures | 0.007% or ₹15/ Order | 0.03% |
| Equity Delivery | 0.07% or ₹15/ Order | 0.33% |
| Equity Options | ₹7/ Lot or ₹15/ Order | ₹33 per Lot |
| Commodity Options | ₹7/ Lot or ₹15/ Order | 0.03% |
| Equity Futures | 0.007% or ₹15/ Order | 0.03% |
| Currency Options | ₹7/ Lot or ₹15/ Order | ₹33 per Lot |
| Fixed Charges | ₹15/ Order | 0.03% |
| Equity Intraday | 0.007% or ₹15/ Order | 0.03% |
Trade Smart Vs Elite Wealth - Margin (Exposure)
| Trade Smart | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Trade Smart Vs Elite Wealth - Other Charges
| Trade Smart | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | ₹750/Order | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order + brokerage commission | ₹0 (Free) |
| Other Brokerage Charges | 0.007% or ₹15/ Order | 0.03% |
| Minimum Brokerage | ₹15/ Order | 0.03% |
Trade Smart Vs Elite Wealth - STT/CTT
| Trade Smart | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
| 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 % on Sell |
| Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
Trade Smart Vs Elite Wealth - Demat transaction charges
| Trade Smart | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | No Charges |
Trade Smart Vs Elite Wealth - GST
| Trade Smart | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Trade Smart Vs Elite Wealth - SEBI Charges
| Trade Smart | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Trade Smart Vs Elite Wealth - Features
| Trade Smart | Elite Wealth | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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