Chittorgarh.com
Free Trading + Demat Account

India Infoline (IIFL) Vs Trade Smart Online (Compare India Infoline (IIFL) and Trade Smart Online)

The side-by-side comparison of India Infoline (IIFL) and Trade Smart Online. Compare India Infoline (IIFL) Vs Trade Smart Online brokerage, charges, exposure margin, demat account. Read Trade Smart Online and India Infoline (IIFL) review.

Find out India Infoline (IIFL) Vs Trade Smart Online which is better and India Infoline (IIFL) Vs Trade Smart Online which is best.

Our India Infoline Limited comparison with Trade Smart Online highlights the major differences between two brokers. Find the best between India Infoline (IIFL) and Trade Smart Online.

Expand

India Infoline (IIFL) Vs Trade Smart Online

  India Infoline Limited Trade Smart Online
 
India Infoline Limited Logo Trade Smart Online Logo
About the Broker Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading. IIFL off... Know more about India Infoline Limited Trade Smart Online (TSO) is Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart Online is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorp... Know more about Trade Smart Online
Type of Broker Full Service Broker Discount Broker
Supported Exchnage NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Account Type Standard Account Power Plan (₹15/Order)
Broker Enquiry Open an Online Trading Account with India Infoline (IIFL). Leave your contact info and we will get in touch with you. Open an Online Trading Account with Trade Smart Online. Leave your contact info and we will get in touch with you.
Year of Incorporation 1996 1994
Number of Branches 900 1
Expand

India Infoline (IIFL) Vs Trade Smart Online Charges

  India Infoline Limited Trade Smart Online
Trading Account Opening Fees ₹750 ₹200
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹555 ₹200
Demat Account AMC ₹ 555 (One time) ₹300
Demat Account is Mandatory? No No
Expand

India Infoline (IIFL) Vs Trade Smart Online Brokerage

Brokerage Plan 1

  India Infoline Limited Trade Smart Online
Account Type Standard Account Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage 0.50% ₹15
Equity Intraday Brokerage 0.05% ₹15
Equity Futures Brokerage 0.05% ₹15
Equity Options Brokerage 1% of Premium or ₹100 per lot whichever is high ₹15
Currency Futures Trading Brokerage Rs 25 per lot ₹15
Currency Options Trading Brokerage 1% of Premium or ₹100 per lot whichever is high ₹15
Commodity Futures Trading Brokerage 0.05% ₹15
Commodity Options Trading Brokerage ₹15

Brokerage Plan 2

  India Infoline Limited Trade Smart Online
Account Type Standard Account Value Plan
Fixed Charges
Equity Delivery Brokerage 0.50% 0.007%
Equity Intraday Brokerage 0.05% 0.007%
Equity Futures Brokerage 0.05% 0.007%
Equity Options Brokerage 1% of Premium or ₹100 per lot whichever is high ₹7 Per Lot
Currency Futures Trading Brokerage Rs 25 per lot 0.007%
Currency Options Trading Brokerage 1% of Premium or ₹100 per lot whichever is high ₹7 Per Lot
Commodity Futures Trading Brokerage 0.05% 0.007%
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges Rs 0.05 per share ₹15
Other Brokerage Charges Advisory SMS - Rs 50 per month Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges Rs 50 per call ₹20 per executed order
Expand

India Infoline (IIFL) Vs Trade Smart Online Taxes

  India Infoline Limited Trade Smart Online
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
Expand

India Infoline (IIFL) Vs Trade Smart Online Transaction Charges

  India Infoline Limited Trade Smart Online
Equity Delivery 0.00325% 0.0035%
Equity Intraday 0.00325% 0.0035%
Equity Futures 0.0021% 0.0024%
Equity Options 0.051% on premium 0.0715%
Currency Futures 0.0021% 0.00165%
Currency Options 0.051% on premium 0.06%
Commodity 0.0028% 0.0039%
Expand

India Infoline (IIFL) Vs Trade Smart Online Exposure Margin

  India Infoline Limited Trade Smart Online
Equity Delivery Upto 3x with 18% interest per year 1x (no margin)
Equity Intraday Upto 20x 30x trading margin
Equity Futures Upto 3x 7x trading margin
Equity Options 3x for shorting 7x trading margin
Currency Futures Upto 2x 3x trading margin
Currency Options 2x for shorting 3x trading margin
Commodity Futures Upto 3x 6x trading margin
Commodity Options
Expand

India Infoline (IIFL) and Trade Smart Online Feature Comparison

  India Infoline Limited Trade Smart Online
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 Available No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TT Exe, TT Web, IIFL Markets NEST, NOW, Spin
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features Market Mantra, Loyalty Points
Referral Program
Expand

India Infoline (IIFL) Vs Trade Smart Online Review

  India Infoline Limited Trade Smart Online
  104 Customer Reviews    Rate India Infoline (IIFL) 58 Customer Reviews    Rate Trade Smart Online
Fees Ratings 2.9 3.9
Trading Brokerage Rating 2.6 4.5
Trading Platform Usability 3.3 3.7
Customer Service Ratings 2.7 4.1
Overall Ratings Rated 2.7 stars Rated 4.1 stars
Broker Rating India Infoline (IIFL) is Rated 2.7 / 5 based on 104 customer reviews Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews
Expand

Contact Broker / Request A Call Back

  India Infoline Limited Trade Smart Online
Contact / Request Call Back
Expand

India Infoline (IIFL) Vs Trade Smart Online Investment Options

  India Infoline Limited Trade Smart Online
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Bond / NCD Yes
Debt Yes No
Other Investment Options
Expand

India Infoline (IIFL) Vs Trade Smart Online Customer Service

  India Infoline Limited Trade Smart Online
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
Expand

India Infoline (IIFL) Vs Trade Smart Online Order Type Offered

  India Infoline Limited Trade Smart Online
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes
Expand

India Infoline (IIFL) Vs Trade Smart Online Research Report

  India Infoline Limited Trade Smart Online
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

India Infoline (IIFL) Vs Trade Smart Online Suitable For Investor Type

  India Infoline Limited Trade Smart Online
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

India Infoline (IIFL) Vs Trade Smart Online - Advantages and Disadvantages

  India Infoline Limited Trade Smart Online
Pros
  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. India Infoline Ltd is a publicly traded company listed at BSE and NSE.

More Advantages...

  • 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 investing 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 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 information which is helpful for most customers.

More Advantages...

Cons
  1. SMS alerts at additional ₹249 per month
  2. Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL.
  3. India Infoline doesn't provide 3-in-1 account.

More Disadvantages...

  • 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.

More Disadvantages...

Reviews Useful Articles:
Promo / Offers Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
Enquire about India Infoline (IIFL) Enquire about Trade Smart Online
Compare More Brokers



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App