TradeSmart Vs Edelweiss Demat Account Comparison

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.

Edelweiss Broking is part of the Edelweiss Group, India's leading diversified financial services company. With over 10 lakh clients and 4500 sub-brokers offices, Edelweiss Group has strong presence across India.

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

Godrej Coliseum,12th Floor, C Wing,
Near Eastern Express Highway, Behind Everard Nagar,
Sion (East), Mumbai, Maharashtra, India 400022

Online Stock Trading, Depository Services

Equity, Derivatives, Currencies, Mutual Funds, Gold ETFs, IPOs, Depository Participant

Rs 500

Nil

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

• Star Scheme: Nil
• Regular Scheme (With POA or Non POA): Rs 500 per year (Free for 1st year). Additional Rs 500 will be charged annually for Corporate accounts.

Nil

Lifetime AMC: Rs 1500 one time (Star Scheme)

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

Rs 2 Per Certificate + Rs 30 for Postage

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

Rs 10 per 100 securities or part thereof (Subject to min Rs 10 per request) + Rs 30 for Postage

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

• Star Scheme
  • Market Sell Within Edelweiss: Rs 20 per transaction
  • Off Market Transaction: Rs 20 per transaction
• Regular Scheme (With POA)
  • Market Sell Within Edelweiss: Rs 20 per transaction
  • Off Market Transaction: Rs 20 per transaction
• Regular Scheme (Non POA)
  • Market Sell Within Edelweiss: Rs 25 per transaction
  • Off Market Transaction: Rs 20 per transaction

Rs 200 per scrip

Rs 50 per transaction

Nil

Nil

Rs 200 minimum or 0.01% which ever is higher

Rs 25 per transaction

Nil

Nil

• 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

Account Closing: Nil