ICICIDirect Vs TradeSmart (Compare ICICIDirect and TradeSmart)
The side-by-side comparison of ICICIDirect and TradeSmart. Compare ICICIDirect Vs TradeSmart brokerage, charges, exposure margin, demat account. Read TradeSmart and ICICIDirect review.
Find out ICICIDirect Vs TradeSmart which is better and ICICIDirect Vs TradeSmart which is best.
Our ICICI Securities Pvt Ltd. comparison with VNS Finance & Capital Services Ltd highlights the major differences between two brokers. Find the best between ICICIDirect and TradeSmart.
ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group...
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
BSE, NSE, MCX
Account Type
3-in-1 Account (I-Secure Plan)
Power Plan (₹15/Order)
Broker Enquiry
Year of Incorporation
2000
1994
Number of Branches
154
1
ICICIDirect Vs TradeSmart Charges
ICICIDirect
TradeSmart
Trading Account Opening Fees
₹975
₹200
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹200
Demat Account AMC
₹450
₹300
Demat Account is Mandatory?
No
No
ICICIDirect Vs TradeSmart Brokerage
Brokerage Plan 1
ICICIDirect
TradeSmart
Account Type
3-in-1 Account (I-Secure Plan)
Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage
0.55%
₹15 per executed order
Equity Intraday Brokerage
0.275%
₹15 per executed order
Equity Futures Brokerage
0.05% to 0.03%
₹15 per executed order
Equity Options Brokerage
₹95 to ₹35 per lot
₹15 per executed order
Currency Futures Trading Brokerage
0.050% to 0.030%
₹15 per executed order
Currency Options Trading Brokerage
₹25 to ₹10 per lot
₹15 per executed order
Commodity Futures Trading Brokerage
NA
₹15 per executed order
Commodity Options Trading Brokerage
NA
₹15 per executed order
Brokerage Plan 2
ICICIDirect
TradeSmart
Account Type
I-Saver Plan
Value Plan
Fixed Charges
Equity Delivery Brokerage
0.75% to 0.25%
0.007%
Equity Intraday Brokerage
0.75% to 0.25%
0.007%
Equity Futures Brokerage
0.05% to 0.03%
0.007%
Equity Options Brokerage
₹95 to ₹65 per lot
₹7 Per Lot
Currency Futures Trading Brokerage
0.05% to 0.03%
0.007%
Currency Options Trading Brokerage
0.25 to ₹65 per lot
₹7 Per Lot
Commodity Futures Trading Brokerage
NA
0.007%
Commodity Options Trading Brokerage
NA
₹7 Per Lot
Brokerage Plan 3
ICICIDirect
TradeSmart
Account Type
ICICIdirect Prime Plan
Power Plan (₹15/Order)
Fixed Charges
₹900
Equity Delivery Brokerage
0.25%
₹15 per executed order
Equity Intraday Brokerage
0.25%
₹15 per executed order
Equity Futures Brokerage
0.025%
₹15 per executed order
Equity Options Brokerage
₹35
₹15 per executed order
Currency Futures Trading Brokerage
₹0
₹15 per executed order
Currency Options Trading Brokerage
₹0
₹15 per executed order
Commodity Futures Trading Brokerage
NA
₹15 per executed order
Commodity Options Trading Brokerage
NA
₹15 per executed order
Other Charges
Minimum Brokerage Charges
₹35 per trade
₹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
₹25 per call after first 20 free calls per month
₹20 per executed order
ICICIDirect Vs TradeSmart Taxes
ICICIDirect
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.
ICICIDirect Vs TradeSmart Transaction Charges
ICICIDirect
TradeSmart
Equity Delivery
NSE: 0.0031% | BSE: 0.0028%
0.0035%
Equity Intraday
NSE: 0.0031% | BSE: 0.0028%
0.0035%
Equity Futures
0.0018%
0.0024%
Equity Options
0.05% on Premium
0.0715%
Currency Futures
0.0012%
0.00165%
Currency Options
0.05% on Premium
0.06%
Commodity
NA
0.0039%
ICICIDirect Vs TradeSmart Exposure Margin
ICICIDirect
TradeSmart
Equity Delivery
5x with Interest
1x (no margin)
Equity Intraday
Upto 25x
30x trading margin
Equity Futures
4x
MIS: 3X | BO: 7X | CO: 7X
Equity Options
2x for shorting
MIS: 3X | BO: 7X | CO: 7X
Currency Futures
NA
MIS: 3X | BO: 3X | CO: 3X
Currency Options
NA
MIS: 3X | BO: NA | CO: NA
Commodity Futures
NA
MIS: 2X | BO: 6X | CO: 6X
Commodity Options
MIS: NA | BO: NA | CO: NA
ICICIDirect and TradeSmart Feature Comparison
ICICIDirect
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
ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App
NEST, NOW, Spin
Intraday Square-off Time
3:30 PM
Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features
Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program
ICICIDirect Vs TradeSmart Review
ICICIDirect
TradeSmart
404 Customer Reviews
59 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
ICICIDirect is Rated 2.4 / 5 based on 404 customer reviews
TradeSmart is Rated 4.0 / 5 based on 59 customer reviews
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.
ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits.
Interested in opening a trading account? Request Callback from a stock broker.
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.
Zerodha
Zero Account Opening Fee