5paisa Vs Trade Smart Online Share Broker Comparison
The side-by-side comparison of 5paisa Capital Ltd and Trade Smart Online stock brokers in India. The comparison below highlights the similarities and differences between 5paisa and Trade Smart Online's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among 5paisa and Trade Smart Online.
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5paisa Capital Ltd |
Trade Smart Online |
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| About the Broker |
5paisa is a Mumbai based discount stock broker. 5paisa is part of India Infoline (IIFL), India's leading financial services company. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016.
India Infoline, the...  |
Trade Smart Online (TSO) is Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart Online is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorp... |
Type of Broker
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Discount Broker |
Discount Broker |
| Supported Exchnage
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NSE, BSE |
BSE, NSE, MCX, NCDEX |
| Account Type
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Standard Account |
Power Plan (Rs 15/Order) |
| Broker Enquiry |
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Stock Broker Fees / Charges
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5paisa Capital Ltd |
Trade Smart Online |
| Trading Account Opening Fees
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₹650 |
Rs 300 |
| Trading Account AMC
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₹0 (Free) |
Rs 0 |
| Demat Account Opening Fees
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₹0 (Free) |
Rs 500 |
| Demat Account AMC
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₹400 |
Rs 300 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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5paisa Capital Ltd |
Trade Smart Online |
| Account Type |
Standard Account |
Power Plan (Rs 15/Order) |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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₹10 per trader |
Rs 15 |
| Equity Intraday Brokerage
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₹10 per trader |
Rs 15 |
| Equity Futures Brokerage
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₹10 per trader |
Rs 15 |
| Equity Options Brokerage
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₹10 per trader |
Rs 15 |
| Currency Futures Trading Brokerage
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₹10 per trader |
Rs 15 |
| Currency Options Trading Brokerage
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₹10 per trader |
Rs 15 |
| Commodity Futures Trading Brokerage
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NA |
Rs 15 |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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5paisa Capital Ltd |
Trade Smart Online |
| Account Type |
Standard Account |
Value Plan |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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₹10 per trader |
0.007% |
| Equity Intraday Brokerage
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₹10 per trader |
0.007% |
| Equity Futures Brokerage
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₹10 per trader |
0.007% |
| Equity Options Brokerage
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₹10 per trader |
Rs 7 Per Lot |
| Currency Futures Trading Brokerage
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₹10 per trader |
0.007% |
| Currency Options Trading Brokerage
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₹10 per trader |
Rs 7 Per Lot |
| Commodity Futures Trading Brokerage
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NA |
0.007% |
| Commodity Options Trading Brokerage
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Brokerage Plan 3
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5paisa Capital Ltd |
Trade Smart Online |
| Account Type |
Standard Account |
Infinity Plan (Unlimited Trading) |
| Fixed Charges
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NA |
Rs 3999 |
| Equity Delivery Brokerage
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₹10 per trader |
Rs 0 |
| Equity Intraday Brokerage
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₹10 per trader |
Rs 0 |
| Equity Futures Brokerage
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₹10 per trader |
Rs 0 |
| Equity Options Brokerage
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₹10 per trader |
Rs 0 |
| Currency Futures Trading Brokerage
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₹10 per trader |
NA |
| Currency Options Trading Brokerage
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₹10 per trader |
NA |
| Commodity Futures Trading Brokerage
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NA |
NA |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹10 per trade |
Rs 15 |
| Other Brokerage Charges
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Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order |
| Call & Trade Charges
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₹100 per call (any number of trades in a call) |
Rs 20 per executed order |
Taxes
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5paisa Capital Ltd |
Trade Smart Online |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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5paisa Capital Ltd |
Trade Smart Online |
| Equity Delivery
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₹325 per crore (0.00325%) |
0.0035% |
| Equity Intraday
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₹325 per crore (0.00325%) |
0.0035% |
| Equity Futures
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₹210 per crore (0.0021%) |
0.0024% |
| Equity Options
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₹5100 per crore (on premium) (0.051%) |
0.0715% |
| Currency Futures
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₹210 per crore (0.0021%) |
0.00165% |
| Currency Options
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₹5100 per crore (on premium)(0.051%) |
0.06% |
| Commodity
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NA |
0.0039% |
Exposure
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5paisa Capital Ltd |
Trade Smart Online |
| Equity Delivery
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Up to 3.5 times |
4x trading margin though EquiMax funding* (with 0.05% delayed payment charges) |
| Equity Intraday
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Up to 12 times |
30x trading margin |
| Equity Futures
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Intra-day 2 times | Delivery: 1 time |
5x trading margin |
| Equity Options
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Intra-day 1 time | Delivery: 1 time |
5x trading margin |
| Currency Futures
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Intra-day 1 time | Delivery: 1 time |
3x trading margin |
| Currency Options
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Intra-day 1 time | Delivery: 1 time |
3x trading margin |
| Commodity
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NA |
5x trading margin |
Share Broker Features
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5paisa Capital Ltd |
Trade Smart Online |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Trading Platform
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5paisa Trade Station |
NEST, NOW |
| Intraday Square-off Time
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3:10 PM |
Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing |
| Other Features
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Broker Ratings (Average User Rating)
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5paisa Capital Ltd |
Trade Smart Online |
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36 Customer Reviews  |
57 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
5paisa is Rated 3.0 / 5 based on 36 customer reviews |
Trade Smart Online is Rated 4.1 / 5 based on 57 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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5paisa Capital Ltd |
Trade Smart Online |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Insurance, Mutual Funds |
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Customer Service Offered
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5paisa Capital Ltd |
Trade Smart Online |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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5paisa Capital Ltd |
Trade Smart Online |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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5paisa Capital Ltd |
Trade Smart Online |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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5paisa Capital Ltd |
Trade Smart Online |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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5paisa Capital Ltd |
Trade Smart Online |
| Pros
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- Discount broker offering cheaper brokerage services. Pay just Rs 10 per order.
- Flat fee brokerage. No more worries about size of the trade.
- Free trading software's including mobile app and trading terminal.
More Advantages... |
- EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of Rs 1000.
- Unlike most of the discount brokers; Trade Smart Online offers 3 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 investing 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. Customer receives 10% credit of the brokerage generated by the clients referred by them.
- No minimum amount is needed to open or maintain trading account with TSO.
- Customer service is available through live chat on its website. This is very convenient for many customers.
- Trade Smart Online is in the stock broking industry since 1994.
- TSO's online knowledgebase has lot information which is helpful for most customers.
More Advantages... |
| Cons
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- 5Paisa offers lower margin in comparison to other discount brokers. Equity Intra-day margin is up to 8x (Zerodha offers up to 20x).
- Commodity trading at MCX and NCDEX is not available.
- Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
- Higher exchange turnover charges in comparison to other popular discount stock brokers.
- Higher demat debit charges (₹25 per transaction)
More Disadvantages... |
- 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.
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More Disadvantages... |
| Reviews
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Useful Articles:
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| Promo / Offers
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Free - Mutual Fund Account + 1st year Demat AMC
Open 5Paisa Trading Account & get FREE Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 10 per order.
Get this limited time offer |
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Enquire about 5paisa
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Enquire about Trade Smart Online
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| Compare More Brokers |
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Zero Account Opening Fee