TradeSmart Consumer Complaints

TradeSmart Detail

TradeSmart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of... Know more about TradeSmart

Complaint against TradeSmart Broker

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TradeSmart brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the TradeSmart customers. The TradeSmart consumer complaints report analyzes the TradeSmart online complaint data provided by BSE and NSE. This report shows the health of the broker.

These complaints are serious grievances against TradeSmart broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.

The TradeSmart complaint no. report also provides TradeSmart’s number of active clients. This shows the growth of the broker year on year.

TradeSmart Consumer Complaints

Exchange Financial Year Number of Clients   ? Total Complaints  ? %
BSE 2020-21 3,933 1 0.03%
NSE 2020-21 36,808 19 0.05%
NSE 2019-20 24,999 6 0.02%
NSE 2018-19 21,722 11 0.05%
BSE 2017-18 5,873 1 0.02%
NSE 2017-18 19,469 12 0.06%
NSE 2016-17 11,995 6 0.05%
NSE 2015-16 9,644 5 0.05%
NSE 2014-15 7,542 7 0.09%
NSE 2013-14 4,223 4 0.09%

TradeSmart complaint at NSE

2020-212019-202018-19
Defaulter Yes/NoNoNoNo
No. of clients at the beginning of the year
No. of active clients368082499921722
No. of complaints received *19611
Resolved through the exchange13510
Non actionable **610
Advised / Opted for arbitration000
Pending for redressal with exchange001
No. of arbitration filed by clients
Decided by arbitrators in favour of the clients
Decided by the arbitrators
Pending for redressal with arbitrators
% of No. of complaints as against No. of active clients0.050.020.05
% of complaints resolved as against complaints received10010090.9

TradeSmart complaint at BSE

2020-212017-18
Defaulter Yes/NoNoNo
No. of clients at the beginning of the year5844421062
No. of active clients39335873
No. of complaints received *11
Resolved through the exchange11
Non actionable **00
Advised / Opted for arbitration00
Pending for redressal with exchange00
No. of arbitration filed by clients00
Decided by arbitrators in favour of the clients00
Decided by the arbitrators00
Pending for redressal with arbitrators00
% of No. of complaints as against No. of active clients0.030.02
% of complaints resolved as against complaints received100100

Note:

  • * Including against its sub brokers, authorised persons, employees, etc.
  • ** Non actionable means the complaint that are incomplete / outside the scope of the Stock Exchange

Contact TradeSmart

Name:Phone
EmailCity
State
Are you a day trader?

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