5paisa Vs TradeSmart (Compare 5paisa and TradeSmart)


5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... Know more about 5paisa Capital Ltd


TradeSmart
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 VNS Finance & Capital Services Ltd

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5paisa Vs TradeSmart

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 900 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  5paisa TradeSmart
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE BSE, NSE, MCX
Year of Incorporation 1996 1994
Number of Branches 900 1
Open an Online Trading Account with 5paisa.Open an Online Trading Account with TradeSmart.
Open 5paisa AccountOpen TradeSmart Account
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5paisa Vs TradeSmart Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while TradeSmart account opening changes is Rs 200. 5paisa Demat Account AMC Charges is Rs 540 and TradeSmart Demat Account AMC Charges is Rs 300.

  5paisa TradeSmart
Trading Account Opening Charges Rs 0 (Free) Rs 200
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 200
Demat Account AMC Charges Rs 540 Rs 300
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5paisa Vs TradeSmart Brokerage Charges & Plans

5paisa Vs TradeSmart Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

  5paisa TradeSmart
Account Type Standard Plan Power Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order Rs 15 per order
Equity Intraday Rs 20 per executed order Rs 15 per order
Equity Futures Rs 20 per executed order Rs 15 per order
Equity Options Rs 20 per executed order Rs 15 per order
Currency Futures Rs 20 per executed order Rs 15 per order
Currency Options Rs 20 per executed order Rs 15 per order
Commodity Futures Rs 20 per executed order Rs 15 per order
Commodity Options Rs 20 per executed order Rs 15 per order
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

5paisa Vs TradeSmart Brokerage Plan 2

  5paisa TradeSmart
Account Type Power Investor Pack Value Plan
Fixed Charges Rs 499 per month
Equity Delivery Rs 10 per executed order 0.07%
Equity Intraday Rs 10 per executed order 0.007%
Equity Futures Rs 10 per executed order 0.007%
Equity Options Rs 2 per lot Rs 7 Per Lot
Currency Futures Rs 10 per executed order 0.007%
Currency Options Rs 10 per executed order Rs 7 Per Lot
Commodity Futures Rs 10 per executed order 0.007%
Commodity Options Rs 10 per executed order Rs 7 Per Lot
Open 5paisa AccountOpen TradeSmart Account

5paisa Vs TradeSmart Brokerage Plan 3

  5paisa TradeSmart
Account Type Ultra Trader Pack Power Plan
Fixed Charges Rs 999 per month NA
Equity Delivery Rs 0 (Free) Rs 15 per order
Equity Intraday Rs 10 per executed order Rs 15 per order
Equity Futures Rs 10 per executed order Rs 15 per order
Equity Options Rs 2 per executed lot Rs 15 per order
Currency Futures Rs 10 per executed order Rs 15 per order
Currency Options Rs 10 per executed order Rs 15 per order
Commodity Futures Rs 10 per executed order Rs 15 per order
Commodity Options Rs 10 per executed order Rs 15 per order
Open 5paisa AccountOpen TradeSmart Account

5paisa Charges Vs TradeSmart

Minimum Brokerage Rs 20 per trade Rs 15 per executed order
Other Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges Rs 100 per call (any number of trades in a call) Rs 20 per executed order
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5paisa Vs TradeSmart Transaction Charges

5paisa transaction charges for options is Rs 5000 per crore (0.05%) (on premium) while TradeSmart exchange transaction charges for options is 0.0715%.

  5paisa TradeSmart
Equity Delivery Rs 325 per crore (0.00325%) 0.0035%
Equity Intraday Rs 325 per crore (0.00325%) 0.0035%
Equity Futures Rs 190 per crore (0.0019%) 0.0024%
Equity Options Rs 5000 per crore (0.05%) (on premium) 0.0715%
Currency Futures Rs 190 per crore (0.0019%) 0.00165%
Currency Options Rs 5000 per crore (0.05%) (on premium) 0.06%
Commodity Grp A: 0.0026% 0.0039%
Open 5paisa AccountOpen TradeSmart Account
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5paisa Vs TradeSmart Leverage (Margin)

5paisa margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the TradeSmart margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  5paisa TradeSmart
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Open 5paisa AccountOpen TradeSmart Account
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Compare 5paisa and TradeSmart Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). TradeSmart offers NEST, NOW, Spin trading software.

  5paisa TradeSmart
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform 5paisa Trade Station (Web, Mobile App and EXE) NEST, NOW, Spin
Intraday Square-off Time Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features
Referral Program Yes
Open 5paisa AccountOpen TradeSmart Account
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5paisa Vs TradeSmart Review

5paisa is rated 2.6 of 5 based on 83 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

  5paisa TradeSmart
  83 Customer Reviews    Rate 5paisa 67 Customer Reviews    Rate TradeSmart
Fees 3.0 3.8
Brokerage 3.7 4.4
Trading Platform 2.7 3.8
Customer Service 2.1 4.0
Research Capabilities 2.2 2.7
Overall Ratings Rated 2.6 stars Rated 4.0 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 83 customer reviews TradeSmart is rated 4.0 of 5 based on 67 customer reviews
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Contact Broker / Request A Call Back

  5paisa Enquire TradeSmart Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.
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5paisa Vs TradeSmart Investment Options

  5paisa TradeSmart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options Mutual Funds, Insurance
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5paisa Vs TradeSmart Order Type Offered

  5paisa TradeSmart
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes
Open 5paisa AccountOpen TradeSmart Account
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5paisa Vs TradeSmart Research Report

  5paisa TradeSmart
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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5paisa Vs TradeSmart Suitable For Investor Type

  5paisa TradeSmart
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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5paisa Vs TradeSmart - Pros and Cons

  5paisa TradeSmart
Pros
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Brokerage free direct mutual funds.
  • Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain a trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • TradeSmart is in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of information which is helpful for most customers.
Cons
  • Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Research and advisory is available at extra cost.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • NRI Trading and Demat Account is not available.
  • Call and Trade is charged at extra Rs 20 per executed order.
  • Physical contract notes Rs 20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20.
  • 24/7 customer service is not available.
  • Facility to invest in IPO's is not available.
  • Doesn't provide daily market report, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as company doesn't provide banking services.
Reviews Useful Articles:
Promo / Offers

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

Flat Rs 15 per trade

  • Flat Rs 15 per trade across all segments +
  • Get Margin against your shares +
  • API for alog trading.

This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.

Open 5paisa AccountOpen TradeSmart Account

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