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Religare Vs Trade Smart Online Share Broker Comparison

The side-by-side comparison of Religare and Trade Smart Online stock brokers in India. The comparison below highlights the similarities and differences between Religare and Trade Smart Online's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Religare and Trade Smart Online.

  Religare Trade Smart Online
 
Religare Logo Trade Smart Online Logo
About the Broker Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant s... Know more about Religare Trade Smart Online (TSO) is Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart Online is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorp... Know more about Trade Smart Online
Type of Broker What is this parameter? Full Service Broker Discount Broker
Supported Exchnage What is this parameter? BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type What is this parameter? My Saver Online Plan Power Plan (₹15/Order)
Broker Enquiry Open an Online Trading Account with Religare. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Trade Smart Online. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Religare Trade Smart Online
Trading Account Opening Fees What is this parameter? ₹1000 ₹300
Trading Account AMC What is this parameter? Nil ₹0
Demat Account Opening Fees What is this parameter? Nil ₹500
Demat Account AMC What is this parameter? ₹350 ₹300
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Religare Trade Smart Online
Account Type My Saver Online Plan Power Plan (₹15/Order)
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? 0.50% to 0.10% ₹15
Equity Intraday Brokerage What is this parameter? 0.050% to 0.010% ₹15
Equity Futures Brokerage What is this parameter? 0.05% ₹15
Equity Options Brokerage What is this parameter? ₹100 per lot ₹15
Currency Futures Trading Brokerage What is this parameter? ₹25 to ₹10 per lot ₹15
Currency Options Trading Brokerage What is this parameter? ₹25 to ₹10 per lot ₹15
Commodity Futures Trading Brokerage What is this parameter? 0.05% ₹15
Commodity Options Trading Brokerage What is this parameter? ₹15

Brokerage Plan 2

  Religare Trade Smart Online
Account Type My Saver Online Plan Value Plan
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? 0.50% to 0.10% 0.007%
Equity Intraday Brokerage What is this parameter? 0.050% to 0.010% 0.007%
Equity Futures Brokerage What is this parameter? 0.05% 0.007%
Equity Options Brokerage What is this parameter? ₹100 per lot ₹7 Per Lot
Currency Futures Trading Brokerage What is this parameter? ₹25 to ₹10 per lot 0.007%
Currency Options Trading Brokerage What is this parameter? ₹25 to ₹10 per lot ₹7 Per Lot
Commodity Futures Trading Brokerage What is this parameter? 0.05% 0.007%
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? 1p per share ₹15
Other Brokerage Charges What is this parameter? Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges What is this parameter? ₹10 per executed order (max Rs 50 per day) ₹20 per executed order
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Taxes

  Religare Trade Smart Online
Securities Transaction Tax (STT) What is this parameter?
  • 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)
  • 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 What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Religare Trade Smart Online
Equity Delivery What is this parameter? 0.0037% 0.0035%
Equity Intraday What is this parameter? 0.0037% 0.0035%
Equity Futures What is this parameter? 0.004% 0.0024%
Equity Options What is this parameter? 0.06% on Premium 0.0715%
Currency Futures What is this parameter? 0.004% 0.00165%
Currency Options What is this parameter? 0.06% on Premium 0.06%
Commodity What is this parameter? 0.0035% 0.0039%
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Exposure

  Religare Trade Smart Online
Equity Delivery What is this parameter? 1x (no margin)
Equity Intraday What is this parameter? 30x trading margin
Equity Futures What is this parameter? 7x trading margin
Equity Options What is this parameter? 7x trading margin
Currency Futures What is this parameter? 3x trading margin
Currency Options What is this parameter? 3x trading margin
Commodity What is this parameter? 6x trading margin
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Share Broker Features

  Religare Trade Smart Online
3 in 1 Account What is this parameter? No No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No Yes
SMS Alerts What is this parameter? Yes No
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? Yes No
Margin Trading Funding Available What is this parameter? No
Margin Against Shares (Equity Cash) What is this parameter?
Margin Against Shares (Equity F&O) What is this parameter?
Trading Platform What is this parameter? Odin Diet NEST, NOW
Intraday Square-off Time What is this parameter? Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features What is this parameter?
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Broker Ratings (Average User Rating)

  Religare Trade Smart Online
  71 Customer Reviews    Rate Religare 58 Customer Reviews    Rate Trade Smart Online
Fees Ratings 3.2 3.9
Trading Brokerage Rating 3.1 4.5
Trading Platform Usability 3.0 3.7
Customer Service Ratings 3.0 4.1
Overall Ratings Rated 2.9 stars Rated 4.1 stars
Broker Rating Religare is Rated 2.9 / 5 based on 71 customer reviews Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews
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Contact Broker / Request A Call Back

  Religare Trade Smart Online
Contact / Request Call Back
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Investment Options Available

  Religare Trade Smart Online
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? Yes No
Mutual Funds What is this parameter? Yes Yes
Bond / NCD What is this parameter? Yes Yes
Debt What is this parameter? Yes No
Other Investment Options What is this parameter?
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Customer Service Offered

  Religare Trade Smart Online
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? No Yes
Through Branches What is this parameter? Yes No
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Order Type

  Religare Trade Smart Online
Bracket Order What is this parameter? No
Cover Order What is this parameter? Yes
Buy Today Sell Tomorrow (BTST) What is this parameter? Yes
Sell Today Buy Tomorrow (STBT) What is this parameter? Yes
After Market Order(AMO) What is this parameter? Yes
Good Till Cancelled (GTC) What is this parameter? Yes
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Research / Tips / Reports Published

  Religare Trade Smart Online
Daily Market Report What is this parameter? Yes No
Free Tips What is this parameter? Yes No
Quarterly Result Analysis What is this parameter? Yes No
News Alerts What is this parameter? Yes No
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Suitable for Investor Category

  Religare Trade Smart Online
Casual Investor What is this parameter?
Active Investor What is this parameter? Yes
Trader What is this parameter? Yes

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Pros, Cons and Other Review Comments

  Religare Trade Smart Online
Pros What is this parameter?
  • 3 to 4 times exposure is given in cash as well as F&O segment.

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 investing 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 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 information which is helpful for most customers.

More Advantages...

Cons What is this parameter?
  • EXE Based trading terminal are available for Rs 999 per annum.
  • Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).

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 What is this parameter? Useful Articles:
Promo / Offers What is this parameter?

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

This is a limited time offer. Simply leave your contact information with us and religare representatives will contact you.

Enquire about Religare Enquire about Trade Smart Online
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