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Sharekhan Vs Trade Smart Online Share Broker Comparison

The side-by-side comparison of Sharekhan and Trade Smart Online stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and Trade Smart Online's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Sharekhan and Trade Smart Online.

  Sharekhan Trade Smart Online
 
Sharekhan Logo Trade Smart Online Logo
About the Broker Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f... Know more about Sharekhan Trade Smart Online (TSO) is Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart Online is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorp... Know more about Trade Smart Online
Type of Broker What is this parameter? Full Service Broker Discount Broker
Supported Exchnage What is this parameter? BSE, NSE, MCX, NCDEX, NSEL BSE, NSE, MCX, NCDEX
Account Type What is this parameter? Classic Account Power Plan (Rs 15/Order)
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Trade Smart Online. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Sharekhan Trade Smart Online
Trading Account Opening Fees What is this parameter? Rs 750 (adjusted against first 6 months brokerage) Rs 300
Trading Account AMC What is this parameter? Rs 0 Rs 0
Demat Account Opening Fees What is this parameter? Rs 0 Rs 500
Demat Account AMC What is this parameter? Rs 400 Rs 300
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Sharekhan Trade Smart Online
Account Type Classic Account Power Plan (Rs 15/Order)
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? 0.50% Rs 15
Equity Intraday Brokerage What is this parameter? 0.10% Rs 15
Equity Futures Brokerage What is this parameter? 0.10% Rs 15
Equity Options Brokerage What is this parameter? Rs 100 per lot Rs 15
Currency Futures Trading Brokerage What is this parameter? 0.10% Rs 15
Currency Options Trading Brokerage What is this parameter? Rs 30 per lot Rs 15
Commodity Trading Brokerage What is this parameter? 0.10% Rs 15

Brokerage Plan 2

  Sharekhan Trade Smart Online
Account Type Classic Account Value Plan
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? 0.50% 0.007%
Equity Intraday Brokerage What is this parameter? 0.10% 0.007%
Equity Futures Brokerage What is this parameter? 0.10% 0.007%
Equity Options Brokerage What is this parameter? Rs 100 per lot Rs 7 Per Lot
Currency Futures Trading Brokerage What is this parameter? 0.10% 0.007%
Currency Options Trading Brokerage What is this parameter? Rs 30 per lot Rs 7 Per Lot
Commodity Trading Brokerage What is this parameter? 0.10% 0.007%

Brokerage Plan 3

  Sharekhan Trade Smart Online
Account Type Classic Account Infinity Plan (Unlimited Trading)
Fixed Charges What is this parameter? Rs 3999
Equity Delivery Brokerage What is this parameter? 0.50% Rs 0
Equity Intraday Brokerage What is this parameter? 0.10% Rs 0
Equity Futures Brokerage What is this parameter? 0.10% Rs 0
Equity Options Brokerage What is this parameter? Rs 100 per lot Rs 0
Currency Futures Trading Brokerage What is this parameter? 0.10% NA
Currency Options Trading Brokerage What is this parameter? Rs 30 per lot NA
Commodity Trading Brokerage What is this parameter? 0.10% NA

Other Charges

Minimum Brokerage Charges What is this parameter? Rs 16 per scrip Rs 15
Other Brokerage Charges What is this parameter? Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges What is this parameter? Rs 20 per executed order
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Taxes

  Sharekhan Trade Smart Online
Securities Transaction Tax (STT) What is this parameter?
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Sharekhan Trade Smart Online
Equity Delivery What is this parameter? NSE ₹325 | BSE ₹275 0.0035%
Equity Intraday What is this parameter? NSE ₹325 | BSE ₹275 0.0035%
Equity Futures What is this parameter? NSE ₹190 | BSE ₹50 0.0024%
Equity Options What is this parameter? NSE ₹5000 | BSE ₹50 0.0715%
Currency Futures What is this parameter? NSE ₹135 | MCX ₹130 0.00165%
Currency Options What is this parameter? NSE ₹4220 | MCX ₹3220 0.06%
Commodity What is this parameter? MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 0.0039%
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Exposure

  Sharekhan Trade Smart Online
Equity Delivery What is this parameter? 4x trading margin though EquiMax funding* (with 0.05% delayed payment charges)
Equity Intraday What is this parameter? 30x trading margin
Equity Futures What is this parameter? 5x trading margin
Equity Options What is this parameter? 5x trading margin
Currency Futures What is this parameter? 3x trading margin
Currency Options What is this parameter? 3x trading margin
Commodity What is this parameter? 5x trading margin
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Share Broker Features

  Sharekhan Trade Smart Online
3 in 1 Account What is this parameter? No No
Mobile Trading What is this parameter? Yes Yes
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No Yes
After Trading Hour Orders What is this parameter? Yes Yes
Good Till Cancelled (GTC) What is this parameter? Yes Yes
SMS Alerts What is this parameter? Yes No
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? Yes No
Margin Trading Funding Available What is this parameter? No
Combined Ledger for Equity and Commodity What is this parameter? No No
Trading Platform What is this parameter? TradeTiger NEST, NOW
Intraday Square-off Time What is this parameter? 3:30 PM Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features What is this parameter?
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Broker Ratings (Average User Rating)

  Sharekhan Trade Smart Online
  242 Customer Reviews    Rate Sharekhan 52 Customer Reviews    Rate Trade Smart Online
Fees Ratings 3.1 4.0
Trading Brokerage Rating 3.0 4.5
Trading Platform Usability 3.8 3.8
Customer Service Ratings 3.5 4.1
Overall Ratings Rated 3.5 stars Rated 4.2 stars
Broker Rating Sharekhan is Rated 3.5 / 5 based on 242 customer reviews Trade Smart Online is Rated 4.2 / 5 based on 52 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Trade Smart Online
Contact / Request Call Back
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Investment Options Available

  Sharekhan Trade Smart Online
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? Yes No
Mutual Funds What is this parameter? Yes Yes
Bond / NCD What is this parameter? Yes Yes
Debt What is this parameter? Yes No
Other Investment Options What is this parameter?
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Customer Service Offered

  Sharekhan Trade Smart Online
24/7 Customer Service What is this parameter? No No
Email Support What is this parameter? Yes Yes
Onine Live Chat What is this parameter? Yes Yes
Phone Support What is this parameter? Yes Yes
Toll Free Number What is this parameter? Yes No
Through Branches What is this parameter? Yes No
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Research / Tips / Reports Published

  Sharekhan Trade Smart Online
Daily Market Report What is this parameter? Yes No
Free Tips What is this parameter? Yes No
Quarterly Result Analysis What is this parameter? Yes No
News Alerts What is this parameter? Yes No
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Suitable for Investor Category

  Sharekhan Trade Smart Online
Casual Investor What is this parameter? Yes
Active Investor What is this parameter? Yes Yes
Trader What is this parameter? Yes

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Pros, Cons and Other Review Comments

  Sharekhan Trade Smart Online
Pros What is this parameter?
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.

More Advantages...

  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of Rs 1000.
  • Unlike most of the discount brokers; Trade Smart Online offers 3 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers investing in Mutual Funds, bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. Customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • Trade Smart Online is in the stock broking industry since 1994.
  • TSO's online knowledgebase has lot information which is helpful for most customers.

More Advantages...

Cons What is this parameter?
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.

More Disadvantages...

  • Call and Trade is charged at extra Rs 20 per executed order.
  • Physical contract notes Rs 20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20.
  • 24/7 customer service is not available.
  • Facility to invest in IPO's is not available.
  • Doesn't provide daily market report, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as company doesn't provide banking services.

More Disadvantages...

Reviews What is this parameter? Useful Articles:
Promo / Offers What is this parameter?

Free Trading & Demat Account (for limited time only)

Sharekhan offers FREE Trading + Demat Account (Rs 1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

Enquire about Sharekhan Enquire about Trade Smart Online
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