5paisa Vs TradeSmart (Compare 5paisa and TradeSmart)

The side-by-side comparison of 5paisa and TradeSmart. Compare 5paisa Vs TradeSmart brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best 5paisa vs TradeSmart?


5paisa
5paisa is a leading stockbroker in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. 5paisa.com started operations in March 2016 and became 2nd largest discount stock broker in India by Dec 2018. It is listed on BSE and NSE. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges flat 20 Rs brokerage irrespective of the size of the trade, segment or e... 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
Supported Exchnages NSE, BSE BSE, NSE, MCX
Account Type Optimum Power Plan (₹15/Order)
Year of Incorporation 1996 1994
Number of Branches 900 1
Broker Enquiry Open an Online Trading Account with 5paisa. Leave your contact info and we will get in touch with you. Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you.
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5paisa Vs TradeSmart Charges & AMC

5paisa trading account opening charges is ₹650 while TradeSmart account opening changes is ₹200. 5paisa Demat Account AMC Charges is ₹540 (charged as ₹45 per traded month) and TradeSmart Demat Account AMC Charges is ₹300.

  5paisa TradeSmart
Trading Account Opening Charges ₹650 ₹200
Trading Account AMC Charges ₹0 (Free) ₹0
Demat Account Opening Charges ₹0 (Free) ₹200
Demat Account AMC Charges ₹540 (charged as ₹45 per traded month) ₹300
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5paisa Vs TradeSmart Brokerage Charges & Plans

5paisa Vs TradeSmart Brokerage

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

  5paisa TradeSmart
Account Type Optimum Power Plan (₹15/Order)
Fixed Charges NA
Equity Delivery Brokerage ₹20 per executed order ₹15 per executed order
Equity Intraday Brokerage ₹20 per executed order ₹15 per executed order
Equity Futures Brokerage ₹20 per executed order ₹15 per executed order
Equity Options Brokerage ₹20 per executed order ₹15 per executed order
Currency Futures Trading Brokerage ₹20 per executed order ₹15 per executed order
Currency Options Trading Brokerage ₹20 per executed order ₹15 per executed order
Commodity Futures Trading Brokerage ₹20 per executed order ₹15 per executed order
Commodity Options Trading Brokerage ₹20 per executed order ₹15 per executed order
Special Offer
Special Offer: FREE Account Opening (₹650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat ₹20 per order. Get the offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

5paisa Vs TradeSmart Brokerage Plan 2

  5paisa TradeSmart
Account Type Platinum Value Plan
Fixed Charges ₹499 per month
Equity Delivery Brokerage ₹10 per executed order 0.007%
Equity Intraday Brokerage ₹10 per executed order 0.007%
Equity Futures Brokerage ₹10 per executed order 0.007%
Equity Options Brokerage ₹2 per lot ₹7 Per Lot
Currency Futures Trading Brokerage ₹10 per executed order 0.007%
Currency Options Trading Brokerage ₹10 per executed order ₹7 Per Lot
Commodity Futures Trading Brokerage ₹10 per executed order 0.007%
Commodity Options Trading Brokerage ₹10 per executed order ₹7 Per Lot
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5paisa Vs TradeSmart Brokerage Plan 3

  5paisa TradeSmart
Account Type Titanium Power Plan (₹15/Order)
Fixed Charges ₹1000 per month
Equity Delivery Brokerage ₹0 (Free) ₹15 per executed order
Equity Intraday Brokerage ₹10 per executed order ₹15 per executed order
Equity Futures Brokerage ₹10 per executed order ₹15 per executed order
Equity Options Brokerage ₹2 per executed lot ₹15 per executed order
Currency Futures Trading Brokerage ₹10 per executed order ₹15 per executed order
Currency Options Trading Brokerage ₹10 per executed order ₹15 per executed order
Commodity Futures Trading Brokerage ₹10 per executed order ₹15 per executed order
Commodity Options Trading Brokerage ₹10 per executed order ₹15 per executed order
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5paisa Charges Vs TradeSmart

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

5paisa transaction charges for options is ₹5100 per crore (0.051%) (on premium) while TradeSmart exchange transaction charges for options is 0.0715%.

  5paisa TradeSmart
Equity Delivery ₹325 per crore (0.00325%) 0.0035%
Equity Intraday ₹325 per crore (0.00325%) 0.0035%
Equity Futures ₹210 per crore (0.0021%) 0.0024%
Equity Options ₹5100 per crore (0.051%) (on premium) 0.0715%
Currency Futures ₹210 per crore (0.0021%) 0.00165%
Currency Options ₹5100 per crore (0.051%) (on premium) 0.06%
Commodity 0.0039%
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5paisa Vs TradeSmart Leverage (Margin)

5paisa provides the margin of Up to 20x for intraday trades whereas the TradeSmart margin for intraday cash is 30x trading margin.

  5paisa TradeSmart
Equity Delivery Upto 4x (Category E 4x, A 3.5x, B 3x, C 2x, D 1.5x) 1x (no margin)
Equity Intraday Up to 20x 30x trading margin
Equity Futures Intra-day: 3.5x | Carry forward: 1x (no margin) MIS: 3X | BO: 7X | CO: 7X
Equity Options Intra-day: 1x | Carry forward: 1x MIS: 3X | BO: 7X | CO: 7X
Currency Futures Intra-day: 1 time | Carry forward: 1x MIS: 3X | BO: 3X | CO: 3X
Currency Options Intra-day: 1x | Carry forward: 1x MIS: 3X | BO: NA | CO: NA
Commodity Futures MIS: 2X | BO: 6X | CO: 6X
Commodity Options MIS: NA | BO: NA | CO: NA
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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 Available 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
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5paisa Vs TradeSmart Review

5paisa is rated 2.7 of 5 based on 71 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 64 customer reviews.

  5paisa TradeSmart
  71 Customer Reviews    Rate 5paisa 64 Customer Reviews    Rate TradeSmart
Fees 3.0 3.8
Trading Brokerage 3.7 4.4
Trading Platform Usability 2.7 3.7
Customer Service 2.1 4.0
Research Capabilities 1.8 3.0
Overall Ratings Rated 2.7 stars Rated 4.0 stars
Broker Rating 5paisa is rated 2.7 of 5 based on 71 customer reviews TradeSmart is rated 4.0 of 5 based on 64 customer reviews
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Contact Broker / Request A Call Back

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Contact Broker

FREE Account Opening (₹650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat ₹20 per order. Get the offer

FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

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5paisa Vs TradeSmart Investment Options

  5paisa TradeSmart
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (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
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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 ₹20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Up to 4 times exposure in Equity Delivery Trading.
  • Up to 20 times exposure in Equity Intraday Trading.
  • 3.5 times exposure in Derivatives Intraday Trading.
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of ₹1000.
  • 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 ₹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.
  • Higher demat debit charges (₹25 per transaction)
  • NRI Trading and Demat Account is not available.
  • Doesn't offer commodity trading.
  • Call and Trade is charged at extra ₹20 per executed order.
  • Physical contract notes ₹20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹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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Promo / Offers

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

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

Get this limited time offer

Limited Time Offer - Free Account Opening (₹400 waived)

Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat ₹15 per order.

Get this limited time offer
Enquire 5paisaEnquire TradeSmart

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