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Bajaj Finserv Vs TradeSmart (Compare Bajaj Finserv and TradeSmart)

Bajaj Financial Securities Ltd Logo

About Bajaj Finserv
Bajaj Financial Securities Limited (BFSL) is a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India. BFSL, a SEBI registered company offers stockbroking services and is a member of BSE and NSE. BFSL is the depository participant with NSDL and CDSL. BFSL offers online discount brokerage services in Equity and Derivative Trading, Mutual Funds, Margin Trading Financing, IPO Financing, Spread Financing and Loan Against Securities. BFSL has two trading platforms - BFSLTrade App (m... Know more about Bajaj Financial Securities Ltd

VNS Finance & Capital Services Ltd Logo

About 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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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 AccountOpen TradeSmart Account

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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

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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 AccountOpen 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 AccountOpen 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

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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 AccountOpen TradeSmart Account

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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 AccountOpen TradeSmart Account

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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 No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No 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 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? No
Referral Program Yes
Other Features
Open Bajaj Finserv AccountOpen TradeSmart Account

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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    Rate Bajaj Finserv 67 Customer Reviews    Rate TradeSmart
Fees 2.7 3.8
Brokerage 3.4 4.4
Trading Platform 3.0 3.8
Customer Service 2.8 4.0
Research Capabilities 2.7
Overall Ratings Rated 3.2 stars Rated 4.0 stars
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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Contact Broker / Request A Call Back

  Bajaj Finserv Enquire TradeSmart Enquire
Contact Broker Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!. 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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Bajaj Finserv Vs TradeSmart Investment Options

  Bajaj Finserv TradeSmart
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options

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Bajaj Finserv Vs TradeSmart Order Type Offered

  Bajaj Finserv TradeSmart
Bracket Order Yes Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No Yes
Open Bajaj Finserv AccountOpen TradeSmart Account

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Bajaj Finserv Vs TradeSmart Research Report

  Bajaj Finserv TradeSmart
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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Bajaj Finserv Vs TradeSmart Suitable For Investor Type

  Bajaj Finserv TradeSmart
Casual Investor
Active Investor Yes
Trader Yes Yes

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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:
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 AccountOpen TradeSmart Account

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