Trade Smart Vs Upstox
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.
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Trade Smart Vs Upstox - Broker Details
Trade Smart | Upstox | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1994 | 2009 |
Exchanges | BSE, NSE and MCX. | BSE, NSE and MCX |
Branches | Zero | Zero |
Brokerage | 0.007% or ₹15/ Order | ₹20/ Order or 0.05% (Whichever is lower) |
Broker Type | Discount Broker | Discount Broker |
Call Back Open Account |
Trade Smart Vs Upstox - Account Opening & AMC Charges
Trade Smart | Upstox | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹300 ( 2nd Year onwards) | ₹0 (Free) |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account |
Trade Smart Vs Upstox - Brokerage charges & Plans
Trade Smart | Upstox | |
---|---|---|
Commodity Futures | 0.007% or ₹15/ Order | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | 0.007% or ₹15/ Order | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | 0.07% or ₹15/ Order | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹7/ Lot or ₹15/ Order | ₹20/ Order |
Commodity Options | ₹7/ Lot or ₹15/ Order | ₹20/ Order |
Equity Futures | 0.007% or ₹15/ Order | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | ₹7/ Lot or ₹15/ Order | ₹20/ Order |
Fixed Charges | ₹15/ Order | ₹20/ Order |
Equity Intraday | 0.007% or ₹15/ Order | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account |
Trade Smart Vs Upstox - Other Charges
Trade Smart | Upstox | |
---|---|---|
RMS Square Off Charge | ₹20/Order | (₹50 + GST) |
API Charges | ₹750/Order | ₹0 (Free) |
Call & Trade Charges | ₹20/Order + brokerage commission | (₹50 + GST) |
Other Brokerage Charges | 0.007% or ₹15/ Order | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹15/ Order | ₹20/ Order |
Call Back Open Account |
Trade Smart Vs Upstox - Transaction Charges
Trade Smart | Upstox | |
---|---|---|
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: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
Equity Intraday | 0.0035% | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Equity Options | 0.0715% | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
Commodity | 0.0039% | Non-Agri: Exchange turnover charge: 0.0026% |
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: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Call Back Open Account |
Trade Smart Vs Upstox - Margin (Exposure)
Trade Smart | Upstox | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
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 margins(SPAN + Exposure) |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
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) |
Call Back Open Account |
Trade Smart Vs Upstox - Features
Trade Smart | Upstox | |
---|---|---|
Online Portfolio | ||
Algo Trading | ||
Margin Trading Facility | ||
Call & Trade Facility | ||
Referral Program | ||
Collateral Margin | ||
Online Demo | ||
3 in 1 Account | ||
Charting | ||
Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 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.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
Trade Smart Vs Upstox - Review & Rating
Trade Smart | Upstox | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
Trade Smart Vs Upstox - Request a call back from Broker
Trade Smart | Upstox | |
---|---|---|
Call Back Open Account |
Trade Smart Vs Upstox - Investment Options
Trade Smart | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
Trade Smart Vs Upstox - Order Type
Trade Smart | Upstox | |
---|---|---|
Bracket Order/BO/OCO | ||
BTST | ||
Cover Order/CO | ||
Good Till Cancelled (GTC) | ||
BUY ABOVE/SELL BELOW (SL-M) | ||
After Market Order(AMO) | ||
STBT | ||
Call Back Open Account |
Trade Smart Vs Upstox - Research & Report
Trade Smart | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
Trade Smart Vs Upstox - Daily Market Report
Trade Smart | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
Trade Smart Vs Upstox - Suitable For Investor
Trade Smart | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
Trade Smart Vs Upstox - Pros & Cons
Trade Smart | Upstox | |
---|---|---|
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.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. |
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. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. |
Call Back Open Account |
Trade Smart Vs Upstox - Background
Trade Smart | Upstox | |
---|---|---|
Call Back Open Account |
Trade Smart Vs Upstox - Compare All Brokers
Trade Smart | Upstox | |
---|---|---|
Call Back Open Account |
Trade Smart Vs Upstox - STT/CTT
Trade Smart | Upstox | |
---|---|---|
Commodity Futures | 0.01% on sell trade (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 | 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% on sell trade | 0.05% on sell trade |
Call Back Open Account |
Trade Smart Vs Upstox - Demat transaction charges
Trade Smart | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Call Back Open Account |
Trade Smart Vs Upstox - GST
Trade Smart | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Call Back Open Account |
Trade Smart Vs Upstox - SEBI Charges
Trade Smart | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account |
Trade Smart Vs Upstox - Account Opening & AMC Charges
Trade Smart Vs Upstox
Trade Smart | Upstox | |
---|---|---|
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 "+ Upstox |
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. |
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Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Trade Smart Vs Upstox - Brokerage charges & Plans
Trade Smart | Upstox | |
---|---|---|
Commodity Futures | 0.007% or ₹15/ Order | ₹20/ Order or 0.05% (whichever is lower) |
Currency Futures | 0.007% or ₹15/ Order | ₹20/ Order or 0.05% (whichever is lower) |
Equity Delivery | 0.07% or ₹15/ Order | ₹20/ Order or 2.5% (whichever is lower) |
Equity Options | ₹7/ Lot or ₹15/ Order | ₹20/ Order |
Commodity Options | ₹7/ Lot or ₹15/ Order | ₹20/ Order |
Equity Futures | 0.007% or ₹15/ Order | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | ₹7/ Lot or ₹15/ Order | ₹20/ Order |
Fixed Charges | ₹15/ Order | ₹20/ Order |
Equity Intraday | 0.007% or ₹15/ Order | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account |
Trade Smart Vs Upstox - Margin (Exposure)
Trade Smart | Upstox | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
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 margins(SPAN + Exposure) |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | Option Sell: 1x | Option Buying: No Margin |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
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) |
Call Back Open Account |
Trade Smart Vs Upstox - Other Charges
Trade Smart | Upstox | |
---|---|---|
RMS Square Off Charge | ₹20/Order | (₹50 + GST) |
API Charges | ₹750/Order | ₹0 (Free) |
Call & Trade Charges | ₹20/Order + brokerage commission | (₹50 + GST) |
Other Brokerage Charges | 0.007% or ₹15/ Order | ₹20/ Order or 0.05% ( Whichever is lower) |
Minimum Brokerage | ₹15/ Order | ₹20/ Order |
Trade Smart Vs Upstox - STT/CTT
Trade Smart | Upstox | |
---|---|---|
Commodity Futures | 0.01% on sell trade (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 | 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% on sell trade | 0.05% on sell trade |
Trade Smart Vs Upstox - Demat transaction charges
Trade Smart | Upstox | |
---|---|---|
Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Trade Smart Vs Upstox - GST
Trade Smart | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Trade Smart Vs Upstox - SEBI Charges
Trade Smart | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Trade Smart Vs Upstox - Features
Trade Smart | Upstox | |
---|---|---|
Online Portfolio | ||
Algo Trading | ||
Margin Trading Facility | ||
Call & Trade Facility | ||
Referral Program | ||
Collateral Margin | ||
Online Demo | ||
3 in 1 Account | ||
Charting | ||
Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 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.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |