Indiabulls Vs TradeSmart (Compare Indiabulls and TradeSmart)
The side-by-side comparison of Indiabulls and TradeSmart. Compare Indiabulls Vs TradeSmart brokerage, charges, exposure margin, demat account. Read TradeSmart and Indiabulls review.
Find out Indiabulls Vs TradeSmart which is better and Indiabulls Vs TradeSmart which is best.
Our Indiabulls Ventures Limited comparison with VNS Finance & Capital Services Ltd highlights the major differences between two brokers. Find the best between Indiabulls and TradeSmart.
Indiabulls Vs TradeSmart
Indiabulls
TradeSmart
Find more info about broker
About the Broker
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 ...
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
Discount Broker
Discount Broker
Supported Exchnage
BSE, NSE and MCX
BSE, NSE, MCX
Account Type
Equity Unlimited Trade
Power Plan (₹15/Order)
Broker Enquiry
Year of Incorporation
2000
1994
Number of Branches
18
1
Enquire Indiabulls
Enquire TradeSmart
Indiabulls Vs TradeSmart Charges
Indiabulls
TradeSmart
Trading Account Opening Fees
₹500
₹200
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹200
Demat Account AMC
₹450
₹300
Demat Account is Mandatory?
No
No
Indiabulls Vs TradeSmart Brokerage
Brokerage Plan 1
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
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
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
Other Charges
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
Indiabulls Vs TradeSmart Taxes
Indiabulls
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.
Indiabulls Vs TradeSmart Transaction Charges
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%
Indiabulls Vs TradeSmart Exposure 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
Indiabulls and TradeSmart Feature Comparison
Indiabulls
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
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
Indiabulls Vs TradeSmart Review
Indiabulls
TradeSmart
44 Customer Reviews
60 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Indiabulls is Rated 3.2 / 5 based on 44 customer reviews TradeSmart is Rated 4.1 / 5 based on 60 customer reviews
Indiabulls Vs TradeSmart Investment Options
Indiabulls
TradeSmart
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Indiabulls Vs TradeSmart Customer Service
Indiabulls
TradeSmart
24/7 Customer Service
Onine Live Chat
Through Branches
Indiabulls Vs TradeSmart Order Type Offered
Indiabulls
TradeSmart
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Indiabulls Vs TradeSmart Research Report
Indiabulls
TradeSmart
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Indiabulls Vs TradeSmart Suitable For Investor Type
Indiabulls
TradeSmart
Casual Investor
Active Investor
Trader
Indiabulls Vs TradeSmart - Advantages and Disadvantages
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.
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 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.
More Advantages...
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.
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
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
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