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Trade Smart Online Vs Choice Equity Broking Demat Account Comparison

The side-by-side comparison of Trade Smart Online and Choice Equity Broking Demat Account. Compare Trade Smart Online Vs Choice Equity Broking Demat account charges, AMC and Fees. Read Choice Equity Broking and Trade Smart Online demat account review.

Find out Trade Smart Online Vs Choice Equity Broking which is better demat account and Trade Smart Online Vs Choice Equity Broking which is best demat account.

Our Trade Smart Online demat account comparison with Choice Equity Broking Private Limited highlights the major differences between two brokers. Find the best demat between Trade Smart Online and Choice Equity Broking.

Trade Smart Online Vs Choice Equity Broking

  Trade Smart Online Choice Equity Broking Private Limited
Trade Smart Online Logo
About the Broker

Tradesmart Online (TSO), a venture of VNS finance is a online broker offering discount brokerage services to retail customers in India. Tradesmart online offers flat fee and unlimited trading plans for trading in Equity, Currency and Commodities at BSE, NSE and MCX.

With over 17000 customers and daily turnover of over Rs 2500 Cr (as of Dec 2016), TSO is among the top 5 discount stock brokers in India.

Choice Equity is a 100% subsidiary of Choice International Ltd., a BSE Listed and RBI Regd. NBFC having pan india presence for Stock and Commodities Broking, Loan syndication, Insurance, Mutual Fund etc.

DP ID 12030400 12066900
Contact Info

7B, 2nd Floor, Old Oriental Building,
65, M. G. Road, Fort, Mumbai
Maharashtra, India - 400001

Chakarawarti Ashok Co Ophsg Cts No156,157,158, J.B.Nagar Off Sahar Road, Andheri (E) Mumbai Maharashtra India-400099

Services Offered

Online Stock Trading, Depository Services

NSE- Cash, FNO and CD segment BSE- Cash and Derivative. MCX-SX- Currency Derv. USE - Currency Derv. Group Company Member - MCX, NCDEX, ICEX

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Trade Smart Online Vs Choice Equity Broking Demat Account Opening Charges

  Trade Smart Online Choice Equity Broking Private Limited
Demat Account Opening Fee

Rs 500

Nil

Demat Account AMC
  1. Individual Account: Rs 300 per year
  2. Corporate Account: Rs 800 per year

Basic Plan: Rs 200 for Individual, Rs1000 for Corporate Life Time AMC Plan: 1500 for Individual Life Time 5000 for Corporate Life Time Zero AMC Plan : Nil for Individual with Deposit Rs 3000 Nil for Corporate with Deposit Rs 10000 Rs 1000 3 Yrs free AMC for Individual Rs 3000 3 Yrs FREE.AMC for Non-Individual

Advance Deposit

Nil

Nil

Trade Smart Online Vs Choice Equity Broking Demat Charges

  Trade Smart Online Choice Equity Broking Private Limited
Dematerialisation Charges

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

Rs 25 per certifiacte or 100 securities whichever is higher

Rematerialisation Charges

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

Rs 25 per certifiacte or 100 securities whichever is higher

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

Rs 25 minimum or 0.02% which ever is higher. In case of BSDA Rs 50 or 0.02% whichever is higher.

0.02% of value subject to minimum Rs 10 per transaction.

Pledge Creation Charges

Rs 200 per scrip

Rs 50 or 0.02% whichever is higher

Pledge Creation Confirmation Charges

Nil

Rs 50 or 0.02% whichever is higher

Pledge Invocation Charges

Rs 200 minimum or 0.01% which ever is higher

Rs 100 or 0.05% whichever is higher.

Failed Instruction Charges

Nil

Rs 10 per instruction.

Other Charges
  • Late instruction: 0.1% scrip value
  • Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges
  • Physical transaction statement: Rs 50 per BO statement plus courier charges
  • Cheque dishonour charges: Rs 200 per instance
  • Offmarket transfer (DP): Rs 25 plus service tax
  • Inter DP transfer: Rs 25 plus service tax
  • KRA Modification: Rs 35 plus service tax

Contact DP / Request A Call Back

  Trade Smart Online Choice Equity Broking Private Limited
Contact broker for Demat Account related enquires:
  Trade Smart Online Choice Equity Broking Private Limited
Find more info about broker
Enquire about Trade Smart Online Enquire about Choice Equity Broking
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Demat Account Related Abbreviations

  • Demat: Demat Account is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.



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