Indiabulls Vs TradeSmart (Compare Indiabulls and TradeSmart)

The side-by-side comparison of Indiabulls and TradeSmart. Compare Indiabulls Vs TradeSmart brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Indiabulls vs TradeSmart?


Indiabulls
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero interest margin funding. Indiabulls Shubh is an offering of Indiabulls Ventures Ltd, one of the oldest stock brokers in India serving customers since the year 2000. Indiabulls Ventures serves over 7 lakh customers with a dedicated sales team of more... Know more about Indiabulls Ventures 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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Indiabulls Vs TradeSmart

Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Indiabulls TradeSmart
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE and MCX BSE, NSE, MCX
Account Type Equity Unlimited Trade Power Plan (₹15/Order)
Year of Incorporation 2000 1994
Number of Branches 18 1
Broker Enquiry Open an Online Trading Account with Indiabulls. Leave your contact info and we will get in touch with you. Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you.
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Indiabulls Vs TradeSmart Charges & AMC

Indiabulls trading account opening charges is ₹500 while TradeSmart account opening changes is ₹200. Indiabulls Demat Account AMC Charges is ₹450 and TradeSmart Demat Account AMC Charges is ₹300.

  Indiabulls TradeSmart
Trading Account Opening Charges ₹500 ₹200
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹200
Demat Account AMC Charges ₹450 ₹300
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Indiabulls Vs TradeSmart Brokerage Charges & Plans

Indiabulls Vs TradeSmart Brokerage

Indiabulls brokerage charges for equity is ₹0 (Free) and intraday is ₹0 (Free) whereas TradeSmart brokerage charges for equity is ₹15 per executed order and intraday is ₹15 per executed order.

  Indiabulls TradeSmart
Account Type Equity Unlimited Trade Power Plan (₹15/Order)
Fixed Charges ₹1000
Equity Delivery Brokerage ₹0 (Free) ₹15 per executed order
Equity Intraday Brokerage ₹0 (Free) ₹15 per executed order
Equity Futures Brokerage ₹15 per trade ₹15 per executed order
Equity Options Brokerage ₹15 per trade ₹15 per executed order
Currency Futures Trading Brokerage ₹15 per trade ₹15 per executed order
Currency Options Trading Brokerage ₹15 per trade ₹15 per executed order
Commodity Futures Trading Brokerage 0.03% ₹15 per executed order
Commodity Options Trading Brokerage 0.03% ₹15 per executed order
Special Offer
Special Offer: FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

Indiabulls Vs TradeSmart Brokerage Plan 2

  Indiabulls TradeSmart
Account Type F&O Unlimited Trade Value Plan
Fixed Charges ₹1000
Equity Delivery Brokerage ₹15 per trade 0.007%
Equity Intraday Brokerage ₹15 per trade 0.007%
Equity Futures Brokerage ₹0 (Free) 0.007%
Equity Options Brokerage ₹0 (Free) ₹7 Per Lot
Currency Futures Trading Brokerage ₹0 (Free) 0.007%
Currency Options Trading Brokerage ₹0 (Free) ₹7 Per Lot
Commodity Futures Trading Brokerage 0.03% 0.007%
Commodity Options Trading Brokerage 0.03% ₹7 Per Lot
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Indiabulls Vs TradeSmart Brokerage Plan 3

  Indiabulls TradeSmart
Account Type Base Plan Power Plan (₹15/Order)
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) ₹15 per executed order
Equity Intraday Brokerage ₹15 per executed order ₹15 per executed order
Equity Futures Brokerage ₹15 per executed order ₹15 per executed order
Equity Options Brokerage ₹15 per executed order ₹15 per executed order
Currency Futures Trading Brokerage ₹15 per executed order ₹15 per executed order
Currency Options Trading Brokerage ₹15 per executed order ₹15 per executed order
Commodity Futures Trading Brokerage 0.03% ₹15 per executed order
Commodity Options Trading Brokerage 0.03% ₹15 per executed order
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Indiabulls Charges Vs TradeSmart

Minimum Brokerage Charges ₹0 (Unlimited Plan), ₹15 (Per Trade Plan) ₹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 ₹0 (Free) ₹20 per executed order
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Indiabulls Vs TradeSmart Transaction Charges

Indiabulls transaction charges for options is ₹5500 per crore (on premium) (0.055%) while TradeSmart exchange transaction charges for options is 0.0715%.

  Indiabulls TradeSmart
Equity Delivery ₹325 per crore (0.00325%) 0.0035%
Equity Intraday ₹325 per crore (0.00325%) 0.0035%
Equity Futures ₹250 per crore (0.0025%) 0.0024%
Equity Options ₹5500 per crore (on premium) (0.055%) 0.0715%
Currency Futures ₹250 per crore (0.0025%) 0.00165%
Currency Options ₹5500 per crore (on premium) (0.055%) 0.06%
Commodity 0.0039%
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Indiabulls Vs TradeSmart Leverage (Margin)

Indiabulls provides the margin of Up to 5x (based on the stock) for intraday trades whereas the TradeSmart margin for intraday cash is 30x trading margin.

  Indiabulls TradeSmart
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 5x (based on the stock) 30x trading margin
Equity Futures Intra-day: 4x | Carry forward: 1x (no margin) MIS: 3X | BO: 7X | CO: 7X
Equity Options Intra-day: 4x | Carry forward: 1x MIS: 3X | BO: 7X | CO: 7X
Currency Futures Intra-day: 2x | Carry forward: 1x MIS: 3X | BO: 3X | CO: 3X
Currency Options Intra-day: 2x | Carry forward: 1x MIS: 3X | BO: NA | CO: NA
Commodity Futures NA MIS: 2X | BO: 6X | CO: 6X
Commodity Options NA MIS: NA | BO: NA | CO: NA
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Compare Indiabulls and TradeSmart Features

The trading platforms offered Indiabulls include SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB). TradeSmart offers NEST, NOW, Spin trading software.

  Indiabulls TradeSmart
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB) 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 Live News, World market summary
Referral Program Yes
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Indiabulls Vs TradeSmart Review

Indiabulls is rated 3.2 of 5 based on 50 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 64 customer reviews.

  Indiabulls TradeSmart
  50 Customer Reviews    Rate Indiabulls 64 Customer Reviews    Rate TradeSmart
Fees 3.4 3.8
Trading Brokerage 3.1 4.4
Trading Platform Usability 3.7 3.7
Customer Service 3.0 4.0
Research Capabilities 2.4 3.0
Overall Ratings Rated 3.2 stars Rated 4.0 stars
Broker Rating Indiabulls is rated 3.2 of 5 based on 50 customer reviews TradeSmart is rated 4.0 of 5 based on 64 customer reviews
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Contact Broker / Request A Call Back

  Indiabulls Enquire TradeSmart Enquire
Contact Broker

FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer

FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

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Indiabulls Vs TradeSmart Investment Options

  Indiabulls TradeSmart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds No Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options
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Indiabulls Vs TradeSmart Order Type Offered

  Indiabulls 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) Yes Yes
Good Till Cancelled (GTC) No Yes
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Indiabulls Vs TradeSmart Research Report

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

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

  Indiabulls TradeSmart
Pros
  • Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
  • Interest-free Margin Funding in Unlimited Trading plan.
  • Margin funding is available at a low cost of 12% per annum in ₹15/trade plan.
  • Free trading software.
  • Free research reports and trading tips to all the customers.
  • Years of experience, trust and good track record in stock broker business.
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of ₹1000.
  • 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
  • Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App.
  • Local branch support is not available to online customers.
  • Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans.
  • Margin against share is not available in Unlimited Trading Plans.
  • 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.
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Promo / Offers

Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived)

Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.

Get this limited time offer

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.

Get this limited time offer
Enquire IndiabullsEnquire TradeSmart

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