Beeline Vs TradeSmart (Compare Beeline and TradeSmart)


Beeline
Beeline Broking Ltd is an online Discount Stock Broker. Beeline offers trading & investment at BSE, NSE, MCX and NCDEX exchanges. Beeline offers investment across segments including Equity, Derivative, Currency Derivatives, Commodity and Insurance. Beeline is the only broker in India who offers both Traditional Brokerage Plans as well as Discount Brokerage Plan. These plans are available in segments including Equities F&O, Currency F&O and MCX Futures. The brokerage is charged Rs 18 per execute... Know more about Beeline Broking Limited


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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Beeline Vs TradeSmart

Incorporated in , Beeline is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Beeline TradeSmart
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 1994
Number of Branches 1
Open an Online Trading Account with Beeline.Open an Online Trading Account with TradeSmart.
Enquire BeelineOpen TradeSmart Account
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Beeline Vs TradeSmart Charges & AMC

Beeline trading account opening charges is Nil while TradeSmart account opening changes is Rs 200. Beeline Demat Account AMC Charges is Zero AMC with one time Rs 876 fee and TradeSmart Demat Account AMC Charges is Rs 300.

  Beeline TradeSmart
Trading Account Opening Charges Nil Rs 200
Trading Account AMC Charges Nil Rs 0
Demat Account Opening Charges Nil Rs 200
Demat Account AMC Charges Zero AMC with one time Rs 876 fee Rs 300
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Beeline Vs TradeSmart Brokerage Charges & Plans

Beeline Vs TradeSmart Brokerage

Beeline brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

  Beeline TradeSmart
Account Type Discount Brokerage Plan Power Plan
Fixed Charges NA NA
Equity Delivery Rs 18 per executed order Rs 15 per order
Equity Intraday Rs 18 per executed order Rs 15 per order
Equity Futures Rs 18 per executed order Rs 15 per order
Equity Options Rs 18 per executed order Rs 15 per order
Currency Futures Rs 18 per executed order Rs 15 per order
Currency Options Rs 18 per executed order Rs 15 per order
Commodity Futures Rs 18 per executed order Rs 15 per order
Commodity Options 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.

Beeline Vs TradeSmart Brokerage Plan 2

  Beeline TradeSmart
Account Type Traditional Brokerage Plan Value Plan
Fixed Charges NA
Equity Delivery As per margin 0.07%
Equity Intraday As per margin 0.007%
Equity Futures As per margin 0.007%
Equity Options As per margin Rs 7 Per Lot
Currency Futures As per margin 0.007%
Currency Options As per margin Rs 7 Per Lot
Commodity Futures As per margin 0.007%
Commodity Options Rs 7 Per Lot
Enquire BeelineOpen TradeSmart Account

Beeline Charges Vs TradeSmart

Minimum Brokerage Rs 18 per executed order Rs 15 per executed order
Other Charges Software Charges at Rs 150 per segment Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges Rs 20 per executed order Rs 20 per executed order
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Beeline Vs TradeSmart Transaction Charges

Beeline transaction charges for options is NSE Rs 5600 per Cr (0.056%) while TradeSmart exchange transaction charges for options is 0.0715%.

  Beeline TradeSmart
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) 0.0035%
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) 0.0035%
Equity Futures NSE Rs 215 per Cr (0.00215%) 0.0024%
Equity Options NSE Rs 5600 per Cr (0.056%) 0.0715%
Currency Futures NSE Rs 135 per Cr (0.00135%) 0.00165%
Currency Options NSE Rs 4600 per Cr (0.046%) 0.06%
Commodity MCX Rs 260 per Cr (0.0026%)| NCDEX Rs 400 per Cr (0.004%) 0.0039%
Enquire BeelineOpen TradeSmart Account
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Beeline Vs TradeSmart Leverage (Margin)

Beeline 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.

  Beeline 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)
Enquire BeelineOpen TradeSmart Account
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Compare Beeline and TradeSmart Features

The trading platforms offered Beeline include NSE Now, ODIN (My Armour). TradeSmart offers NEST, NOW, Spin trading software.

  Beeline TradeSmart
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform NSE Now, ODIN (My Armour) NEST, NOW, Spin
Intraday Square-off Time 3:15 PM Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features
Referral Program Yes
Enquire BeelineOpen TradeSmart Account
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Beeline Vs TradeSmart Review

Beeline is rated 4.0 of 5 based on 2 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

  Beeline TradeSmart
  2 Customer Reviews    Rate Beeline 67 Customer Reviews    Rate TradeSmart
Fees 4.5 3.8
Brokerage 4.5 4.4
Trading Platform 3.0 3.8
Customer Service 3.5 4.0
Research Capabilities 2.7
Overall Ratings Rated 4.0 stars Rated 4.0 stars
Broker Rating Beeline is rated 4.0 of 5 based on 2 customer reviews TradeSmart is rated 4.0 of 5 based on 67 customer reviews
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Contact Broker / Request A Call Back

  Beeline 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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Beeline Vs TradeSmart Investment Options

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

  Beeline TradeSmart
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No Yes
Enquire BeelineOpen TradeSmart Account
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Beeline Vs TradeSmart Research Report

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

  Beeline TradeSmart
Casual Investor
Active Investor Yes
Trader Yes Yes
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Beeline Vs TradeSmart - Pros and Cons

  Beeline TradeSmart
Pros
  1. Online Discount Stock and Commodity Broker.
  2. Brokerage Fee: Flat Rs 18 per executed order in Eq F&O, Curr F&O and Commodity Futures.
  3. Rs 0 AMC Demat account when paid Rs 876 one time fee.
  4. NSE Now and ODIN trading software.
  5. Dedicated relationship managers are available.
  • 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. Software uses changes at Rs 150 per segment.
  2. Call & Trade is not free. It is charged at Rs 20 per order.
  3. Unlike Zerodha and RKSV, Beeline doesn't have its own trading platform.
  4. Doesn't offer local customer service as it doesn't have branch offices.
  • 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

Beeline Broking is India based broker engaged in stock and commodity trading. Beeline is a discount stock broker offering flat rate (Rs 18 per executed order) brokerage plan. Beeline offers industry standard NSE NOW and ODIN trading platform. Beeline also offer depository services (demat account) and online insurances. Beeline is based in Ahmadabad, Gujarat.

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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.

Enquire BeelineOpen TradeSmart Account

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