Bajaj Finserv Vs TradeSmart (Compare Bajaj Finserv and TradeSmart)

Bajaj Finserv Vs TradeSmart

Incorporated in 2010, Bajaj Finserv is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	Bajaj Finserv	TradeSmart
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2010	1994
Number of Branches	6	1
	Open Bajaj Finserv Account	Open TradeSmart Account

Bajaj Finserv Vs TradeSmart Charges & AMC

Bajaj Finserv trading account opening charges is Rs 0 (Free) while TradeSmart account opening changes is Rs 200. Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year) and TradeSmart Demat Account AMC Charges is Rs 300.

	Bajaj Finserv	TradeSmart
Trading Account Opening Charges	Rs 0 (Free)	Rs 200
Trading Account AMC Charges	Rs 899 per year	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 200
Demat Account AMC Charges	Rs 199 (Free for 1st year)	Rs 300

Bajaj Finserv Vs TradeSmart Brokerage

Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 per order whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

Account Type	Bajaj Finserv Freedom Plan	TradeSmart Power Plan
Fixed Charges	Rs 0	NA
Equity Delivery	0.10%	Rs 15 per order
Equity Intraday	Rs 17 per order	Rs 15 per order
Equity Futures	Rs 17 per order	Rs 15 per order
Equity Options	Rs 17 per order	Rs 15 per order
Currency Futures		Rs 15 per order
Currency Options		Rs 15 per order
Commodity Futures		Rs 15 per order
Commodity Options		Rs 15 per order
Special Offer	Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.	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.

Bajaj Finserv Vs TradeSmart Brokerage Plan 2

	Bajaj Finserv	TradeSmart
Account Type	Professional Pack	Value Plan
Fixed Charges	Rs 2500 per year
Equity Delivery	Rs 10 per order	0.07%
Equity Intraday	Rs 10 per order	0.007%
Equity Futures	Rs 10 per order	0.007%
Equity Options	Rs 10 per order	Rs 7 Per Lot
Currency Futures		0.007%
Currency Options		Rs 7 Per Lot
Commodity Futures		0.007%
Commodity Options		Rs 7 Per Lot
	Open Bajaj Finserv Account	Open TradeSmart Account

Bajaj Finserv Vs TradeSmart Brokerage Plan 3

	Bajaj Finserv	TradeSmart
Account Type	Bajaj Privilege Club	Power Plan
Fixed Charges	Rs 9999 per year	NA
Equity Delivery	Rs 5 per order	Rs 15 per order
Equity Intraday	Rs 5 per order	Rs 15 per order
Equity Futures	Rs 5 per order	Rs 15 per order
Equity Options	Rs 5 per order	Rs 15 per order
Currency Futures		Rs 15 per order
Currency Options		Rs 15 per order
Commodity Futures		Rs 15 per order
Commodity Options		Rs 15 per order
	Open Bajaj Finserv Account	Open TradeSmart Account

Bajaj Finserv Charges Vs TradeSmart

Minimum Brokerage	Rs 5 for Equity Delivery & Intraday	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 20 per trade	Rs 20 per executed order

Bajaj Finserv Vs TradeSmart Transaction Charges

Bajaj Finserv transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium) while TradeSmart exchange transaction charges for options is 0.0715%.

	Bajaj Finserv	TradeSmart
Equity Delivery	NSE Rs 345 per Cr (0.00345%) (each side)	0.0035%
Equity Intraday	NSE Rs 345 per Cr (0.00345%) (each side)	0.0035%
Equity Futures	NSE Rs 225 per Cr (0.00225%)	0.0024%
Equity Options	NSE Rs 5325 per Cr (0.05325%) (on premium)	0.0715%
Currency Futures		0.00165%
Currency Options		0.06%
Commodity		0.0039%
	Open Bajaj Finserv Account	Open TradeSmart Account

Bajaj Finserv Vs TradeSmart Leverage (Margin)

Bajaj Finserv margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the TradeSmart margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Bajaj Finserv	TradeSmart
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open Bajaj Finserv Account	Open TradeSmart Account

Compare Bajaj Finserv and TradeSmart Features

The trading platforms offered Bajaj Finserv include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). TradeSmart offers NEST, NOW, Spin trading software.

	Bajaj Finserv	TradeSmart
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)	NEST, NOW, Spin
Intraday Square-off Time	3:15 PM	Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open Bajaj Finserv Account	Open TradeSmart Account

Bajaj Finserv Vs TradeSmart Review

Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

	Bajaj Finserv	TradeSmart
	13 Customer Reviews	67 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews	TradeSmart is rated 4.0 of 5 based on 67 customer reviews

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Bajaj Finserv Vs TradeSmart Investment Options

	Bajaj Finserv	TradeSmart
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Bajaj Finserv Vs TradeSmart Order Type Offered

	Bajaj Finserv	TradeSmart
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Bajaj Finserv Account	Open TradeSmart Account

Bajaj Finserv Vs TradeSmart Research Report

	Bajaj Finserv	TradeSmart
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Bajaj Finserv Vs TradeSmart Suitable For Investor Type

	Bajaj Finserv	TradeSmart
Casual Investor
Active Investor
Trader

Bajaj Finserv Vs TradeSmart - Pros and Cons

	Bajaj Finserv	TradeSmart
Pros		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		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: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
Promo / Offers	Bajaj Finserv Special Offer Rs 0 Account Opening (for a limited time only) Get FREE Account Opening. Flat Rs 10 Per Trade Brokerage (with Rs 2500 AMC) Flat Rs 5 Per Trade Brokerage (with Rs 9999 AMC) This is a limited-time offer. Simply leave your contact information with us and Bajaj Finserv representatives will contact you.	TradeSmart Special 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.
	Open Bajaj Finserv Account	Open TradeSmart Account