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Trade Smart Online Vs Modex International Demat Account Comparison

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

Find out Trade Smart Online Vs Modex International which is better demat account and Trade Smart Online Vs Modex International which is best demat account.

Our Trade Smart Online demat account comparison with Modex International Securities Limited highlights the major differences between two brokers. Find the best demat between Trade Smart Online and Modex International.

Trade Smart Online Vs Modex International

  Trade Smart Online Modex International Securities 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.

DP ID 12030400 12042900
Contact Info

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

23/26, Iiird Floor East Patel Nagar New Delhi New Delhi India-110008

Services Offered

Online Stock Trading, Depository Services

DP and Stock Broking

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Trade Smart Online Vs Modex International Demat Account Opening Charges

  Trade Smart Online Modex International Securities 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

1). Option A - Individuals-Rs 200 PA Corporate - Rs 1000 PA

2.. Option B - (One time) Individuals - Rs-750

3. BSDA AMC -(a) HOLDING LESS THAN 50000/ -NIL (b)HOLDING MORE THAN 50000/BUT LESS THAN 200000 - Rs 100 (C) HOLDING MORE THAN 200000 - AS APPLICABLE IN NORMAL SCHEME OPTED BY CLIENT.

Advance Deposit

Nil

Nil

Trade Smart Online Vs Modex International Demat Charges

  Trade Smart Online Modex International Securities Limited
Dematerialisation Charges

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

Rs . 3 Per Certificate + courier charges

Rematerialisation Charges

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

Rs 20 Per 100 shares

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.

0.03% Subject to Min. Rs 12 Per Debit Instruction

Pledge Creation Charges

Rs 200 per scrip

Rs 25

Pledge Creation Confirmation Charges

Nil

Rs 25

Pledge Invocation Charges

Rs 200 minimum or 0.01% which ever is higher

Rs 25

Failed Instruction Charges

Nil

Nil

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

Courier Charges: Local - Rs 15 Outstation - Rs 35 KYC Registration : Upload - Rs 60 Download: - Rs 60 DIS- Rs 30 FOR 10 LEAVES NO CHARGE FOR FIRST BOOKLET

Contact DP / Request A Call Back

  Trade Smart Online Modex International Securities Limited
Contact broker for Demat Account related enquires:
  Trade Smart Online Modex International Securities Limited
Find more info about broker
Enquire about Trade Smart Online Enquire about Modex International
Compare More Demat Accounts

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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