Aditya Birla Money Vs TradeSmart (Compare Aditya Birla Money and TradeSmart)
The side-by-side comparison of Aditya Birla Money and TradeSmart. Compare Aditya Birla Money Vs TradeSmart brokerage, charges, exposure margin, demat account. Read TradeSmart and Aditya Birla Money review.
Find out Aditya Birla Money Vs TradeSmart which is better and Aditya Birla Money Vs TradeSmart which is best.
Our Aditya Birla Money Ltd comparison with VNS Finance & Capital Services Ltd highlights the major differences between two brokers. Find the best between Aditya Birla Money and TradeSmart.
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and i...
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 of...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Power Plan (₹15/Order)
Broker Enquiry
Year of Incorporation
1994
1994
Number of Branches
800
1
Aditya Birla Money Vs TradeSmart Charges
Aditya Birla Money
TradeSmart
Trading Account Opening Fees
Rs 750
₹200
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹200
Demat Account AMC
Rs 436
₹300
Demat Account is Mandatory?
No
No
Aditya Birla Money Vs TradeSmart Brokerage
Brokerage Plan 1
Aditya Birla Money
TradeSmart
Account Type
Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage
0.30%
₹15 per executed order
Equity Intraday Brokerage
0.03%
₹15 per executed order
Equity Futures Brokerage
0.03%
₹15 per executed order
Equity Options Brokerage
Rs 50 per lot
₹15 per executed order
Currency Futures Trading Brokerage
0.03%
₹15 per executed order
Currency Options Trading Brokerage
Rs 50 per lot
₹15 per executed order
Commodity Futures Trading Brokerage
0.03%
₹15 per executed order
Commodity Options Trading Brokerage
Nil
₹15 per executed order
Brokerage Plan 2
Aditya Birla Money
TradeSmart
Account Type
Value Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
0.007%
Equity Intraday Brokerage
0.03%
0.007%
Equity Futures Brokerage
0.03%
0.007%
Equity Options Brokerage
Rs 50 per lot
₹7 Per Lot
Currency Futures Trading Brokerage
0.03%
0.007%
Currency Options Trading Brokerage
Rs 50 per lot
₹7 Per Lot
Commodity Futures Trading Brokerage
0.03%
0.007%
Commodity Options Trading Brokerage
Nil
₹7 Per Lot
Other Charges
Minimum Brokerage Charges
Rs 20 per executed order
₹15 per executed order
Other Brokerage Charges
Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order
Call & Trade Charges
Nil
₹20 per executed order
Aditya Birla Money Vs TradeSmart Taxes
Aditya Birla Money
TradeSmart
Securities Transaction Tax (STT)
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Aditya Birla Money Vs TradeSmart Transaction Charges
Aditya Birla Money
TradeSmart
Equity Delivery
0.00325%
0.0035%
Equity Intraday
0.00325%
0.0035%
Equity Futures
0.0019%
0.0024%
Equity Options
0.05%
0.0715%
Currency Futures
0.0011%
0.00165%
Currency Options
0.04%
0.06%
Commodity
MCX - 0.003%, NCDEX - 0.004%
0.0039%
Aditya Birla Money Vs TradeSmart Exposure Margin
Aditya Birla Money
TradeSmart
Equity Delivery
Upto 5x with interest
1x (no margin)
Equity Intraday
15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product
30x trading margin
Equity Futures
Upto 3x
MIS: 3X | BO: 7X | CO: 7X
Equity Options
Nil
MIS: 3X | BO: 7X | CO: 7X
Currency Futures
3x
MIS: 3X | BO: 3X | CO: 3X
Currency Options
Nil
MIS: 3X | BO: NA | CO: NA
Commodity Futures
4x
MIS: 2X | BO: 6X | CO: 6X
Commodity Options
MIS: NA | BO: NA | CO: NA
Aditya Birla Money and TradeSmart Feature Comparison
Aditya Birla Money
TradeSmart
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Etrade, Advanced web, Mobile invest
NEST, NOW, Spin
Intraday Square-off Time
3:15
Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features
Insurance and Pension scheme available
Referral Program
Aditya Birla Money Vs TradeSmart Review
Aditya Birla Money
TradeSmart
11 Customer Reviews
58 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Aditya Birla Money is Rated 2.4 / 5 based on 11 customer reviews
TradeSmart is Rated 4.1 / 5 based on 58 customer reviews
Contact Broker / Request A Call Back
Aditya Birla Money Enquire
TradeSmart Enquire
Contact Broker
Aditya Birla Money Vs TradeSmart Investment Options
Aditya Birla Money
TradeSmart
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Mutual Funds
Aditya Birla Money Vs TradeSmart Customer Service
Aditya Birla Money
TradeSmart
24/7 Customer Service
Onine Live Chat
Through Branches
Aditya Birla Money Vs TradeSmart Order Type Offered
Aditya Birla Money
TradeSmart
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Aditya Birla Money Vs TradeSmart Research Report
Aditya Birla Money
TradeSmart
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Aditya Birla Money Vs TradeSmart Suitable For Investor Type
Aditya Birla Money
TradeSmart
Casual Investor
Active Investor
Trader
Aditya Birla Money Vs TradeSmart - Advantages and Disadvantages
Aditya Birla Money
TradeSmart
Pros
ABM offers 2 in 1 account which is Trading cum Demat account
No Call and Trade charges
Fund transfer facility available from more than 11 banks
ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of ₹1000.
Unlike most of the discount brokers; Trade Smart Online 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. 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.
Trade Smart Online is in the stock broking industry since 1994.
TSO's online knowledge base has lot of information which is helpful for most customers.
Zerodha
Zero Account Opening Fee