38.83% 34,705 Clients
About TradeSmart
Mumbai based TradeSmart (TSO) is a venture of VNS Finance Capital Services Ltd. VNS Finance has over 25 years of experience in the trading industry, since 1994. TSO is an online discount brokerage company offering broking services in equities, commodities, currency, and derivatives, across multiple exchanges like NSE, BSE, and MCX. It is also a DP (Depository Participant) of CDSL.
TradeSmart offers good trading platforms and tools to its customers. The company offers platforms across desktop, mobile and web-
TSO customers can also access Fox Trader, an algo trading app. The software is built by Reliable Software and is a subscription-based product.
In addition to good trading software, TradeSmart customers can also benefit from a range of trading calculators like-
TradeSmart's other USP is its competitive brokerage plans. It offers 2 brokerage plans-
TradeSmart Exposure Limit
TSO is also known in the market for its high exposure limits for intraday trades. The exposure facility allows customers to trade many times over the funds available in their account. TSO offers a leverage limit as high as 30x for some trades. So, if you have Rs 10,000 in your account then you can trade up to Rs 3,00,000 in some cases.
TSO also provides Margin Against Shares facility. This facility allows you to get an exposure limit against shares held in your demat account. The shares will be kept as collateral. The collateral value of the shares is calculated after applying a hair-cut percentage.
The total limit provided under Margin Against Shares is subjected to the Cash to the Collateral ratio of 40:60.
The limit of exposure given by TradeSmart for different segments and trade is-
Segment | Trading Margin |
---|---|
Equity Delivery | 1x (no margin) |
Equity Intraday | 30x trading margin |
Equity Future | MIS: 3X | BO: 7X | CO: 7X |
Equity Option | MIS: 3X | BO: 7X | CO: 7X |
Currency Future | MIS: 3X | BO: 3X | CO: 3X |
Currency Option | MIS: 3X | BO: NA | CO: NA |
Commodity Future | MIS: 2X | BO: 6X | CO: 6X |
Commodity Option | MIS: NA | BO: NA | CO: NA |
Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat Rs 15 per order.
Get this limited time offerFREE Account Opening (Rs 400 waived) + Trade at flat Rs 15 per order. Get the offer
Information on this page was last updated on Saturday, June 6, 2020
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