Indiabulls Vs TradeSmart (Compare Indiabulls and 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
Exchnage Membership BSE, NSE and MCX BSE, NSE, MCX
Year of Incorporation 2000 1994
Number of Branches 18 1
Open an Online Trading Account with Indiabulls.Open an Online Trading Account with TradeSmart.
Enquire IndiabullsOpen TradeSmart Account
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Indiabulls Vs TradeSmart Charges & AMC

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

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

Indiabulls Vs TradeSmart Brokerage

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

  Indiabulls TradeSmart
Account Type Equity Unlimited Trade Power Plan
Fixed Charges Rs 1000 NA
Equity Delivery Rs 0 (Free) Rs 15 per order
Equity Intraday Rs 0 (Free) Rs 15 per order
Equity Futures Rs 15 per trade Rs 15 per order
Equity Options Rs 15 per trade Rs 15 per order
Currency Futures Rs 15 per trade Rs 15 per order
Currency Options Rs 15 per trade Rs 15 per order
Commodity Futures 0.03% Rs 15 per order
Commodity Options 0.03% Rs 15 per order
Special Offer
Special Offer: FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the 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.

Indiabulls Vs TradeSmart Brokerage Plan 2

  Indiabulls TradeSmart
Account Type F&O Unlimited Trade Value Plan
Fixed Charges Rs 1000
Equity Delivery Rs 15 per trade 0.07%
Equity Intraday Rs 15 per trade 0.007%
Equity Futures Rs 0 (Free) 0.007%
Equity Options Rs 0 (Free) Rs 7 Per Lot
Currency Futures Rs 0 (Free) 0.007%
Currency Options Rs 0 (Free) Rs 7 Per Lot
Commodity Futures 0.03% 0.007%
Commodity Options 0.03% Rs 7 Per Lot
Enquire IndiabullsOpen TradeSmart Account

Indiabulls Vs TradeSmart Brokerage Plan 3

  Indiabulls TradeSmart
Account Type Base Plan Power Plan
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 15 per order
Equity Intraday Rs 15 per executed order Rs 15 per order
Equity Futures Rs 15 per executed order Rs 15 per order
Equity Options Rs 15 per executed order Rs 15 per order
Currency Futures Rs 15 per executed order Rs 15 per order
Currency Options Rs 15 per executed order Rs 15 per order
Commodity Futures 0.03% Rs 15 per order
Commodity Options 0.03% Rs 15 per order
Enquire IndiabullsOpen TradeSmart Account

Indiabulls Charges Vs TradeSmart

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

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

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

Indiabulls 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.

  Indiabulls 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 IndiabullsOpen TradeSmart Account
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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 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
Enquire IndiabullsOpen TradeSmart Account
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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 67 customer reviews.

  Indiabulls TradeSmart
  50 Customer Reviews    Rate Indiabulls 67 Customer Reviews    Rate TradeSmart
Fees 3.4 3.8
Brokerage 3.1 4.4
Trading Platform 3.7 3.8
Customer Service 3.0 4.0
Research Capabilities 2.4 2.7
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 67 customer reviews
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Contact Broker / Request A Call Back

  Indiabulls Enquire TradeSmart Enquire
Contact Broker FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer
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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Indiabulls Vs TradeSmart Investment Options

  Indiabulls TradeSmart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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
Enquire IndiabullsOpen TradeSmart Account
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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 Rs 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.
  • 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 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

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

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

Get this limited time offer

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 IndiabullsOpen TradeSmart Account

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