Aditya Birla Money Vs TradeSmart (Compare Aditya Birla Money and TradeSmart)


Aditya Birla Money
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 is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ("NSDL") and the Central Depository Services (India) Limited ("CDSL"). The comp... Know more about Aditya Birla Money 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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Aditya Birla Money Vs TradeSmart

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Aditya Birla Money TradeSmart
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1994 1994
Number of Branches 800 1
Open an Online Trading Account with Aditya Birla Money.Open an Online Trading Account with TradeSmart.
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Aditya Birla Money Vs TradeSmart Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while TradeSmart account opening changes is Rs 200. Aditya Birla Money Demat Account AMC Charges is Rs 436 and TradeSmart Demat Account AMC Charges is Rs 300.

  Aditya Birla Money TradeSmart
Trading Account Opening Charges Rs 750 Rs 200
Trading Account AMC Charges Nil Rs 0
Demat Account Opening Charges Nil Rs 200
Demat Account AMC Charges Rs 436 Rs 300
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Aditya Birla Money Vs TradeSmart Brokerage Charges & Plans

Aditya Birla Money Vs TradeSmart Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

  Aditya Birla Money TradeSmart
Account Type Power Plan
Fixed Charges NA
Equity Delivery 0.30% Rs 15 per order
Equity Intraday 0.03% Rs 15 per order
Equity Futures 0.03% Rs 15 per order
Equity Options Rs 50 per lot Rs 15 per order
Currency Futures 0.03% Rs 15 per order
Currency Options Rs 50 per lot Rs 15 per order
Commodity Futures 0.03% Rs 15 per order
Commodity Options Nil Rs 15 per order
Special Offer
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.

Aditya Birla Money Vs TradeSmart Brokerage Plan 2

  Aditya Birla Money TradeSmart
Account Type Value Plan
Fixed Charges
Equity Delivery 0.30% 0.07%
Equity Intraday 0.03% 0.007%
Equity Futures 0.03% 0.007%
Equity Options Rs 50 per lot Rs 7 Per Lot
Currency Futures 0.03% 0.007%
Currency Options Rs 50 per lot Rs 7 Per Lot
Commodity Futures 0.03% 0.007%
Commodity Options Nil Rs 7 Per Lot
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Aditya Birla Money Charges Vs TradeSmart

Minimum Brokerage Rs 20 per executed order 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 Nil Rs 20 per executed order
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Aditya Birla Money Vs TradeSmart Transaction Charges

Aditya Birla Money transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while TradeSmart exchange transaction charges for options is 0.0715%.

  Aditya Birla Money TradeSmart
Equity Delivery Rs 325 per Cr (0.00325%) 0.0035%
Equity Intraday Rs 325 per Cr (0.00325%) 0.0035%
Equity Futures Rs 190 per Cr (0.0019%) 0.0024%
Equity Options Rs 5000 per Cr (0.05%) (on premium) 0.0715%
Currency Futures Rs 110 per Cr (0.0011%) 0.00165%
Currency Options Rs 4000 per Cr (0.04%) (on premium) 0.06%
Commodity MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%) 0.0039%
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Aditya Birla Money Vs TradeSmart Leverage (Margin)

Aditya Birla Money 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.

  Aditya Birla Money 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)
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Compare Aditya Birla Money and TradeSmart Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. TradeSmart offers NEST, NOW, Spin trading software.

  Aditya Birla Money TradeSmart
3 in 1 Account No No
Charting Yes Yes
Automated Trading 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
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 Yes
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Aditya Birla Money Vs TradeSmart Review

Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

  Aditya Birla Money TradeSmart
  21 Customer Reviews    Rate Aditya Birla Money 67 Customer Reviews    Rate TradeSmart
Fees 3.1 3.8
Brokerage 3.1 4.4
Trading Platform 3.0 3.8
Customer Service 2.8 4.0
Research Capabilities 3.7 2.7
Overall Ratings Rated 2.9 stars Rated 4.0 stars
Broker Rating Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews TradeSmart is rated 4.0 of 5 based on 67 customer reviews
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Contact Broker / Request A Call Back

  Aditya Birla Money Enquire TradeSmart Enquire
Contact Broker Leave your contact information and we will get in touch with you....
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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Aditya Birla Money Vs TradeSmart Investment Options

  Aditya Birla Money 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
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Aditya Birla Money Vs TradeSmart Order Type Offered

  Aditya Birla Money TradeSmart
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
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Aditya Birla Money Vs TradeSmart Research Report

  Aditya Birla Money TradeSmart
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Aditya Birla Money Vs TradeSmart Suitable For Investor Type

  Aditya Birla Money TradeSmart
Casual Investor Yes
Active Investor Yes
Trader Yes
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Aditya Birla Money Vs TradeSmart - Pros and Cons

  Aditya Birla Money TradeSmart
Pros
  1. ABM offers 2 in 1 account which is Trading cum Demat account
  2. No Call and Trade charges
  3. Fund transfer facility available from more than 11 banks
  4. ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
  • 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
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
  • 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

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.

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