Religare Vs TradeSmart (Compare Religare and TradeSmart)


Religare
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 services. Incorporated in 1986, Religare Securities Ltd (RSL) is a subsidiary of Religare Enterprises Limited, New Delhi based diversified financial group. Religare Securities offers retail broking, depository services and other related investme... Know more about Religare


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

Expand

Religare Vs TradeSmart

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Religare TradeSmart
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1994 1994
Number of Branches 1500 1
Open an Online Trading Account with Religare.Open an Online Trading Account with TradeSmart.
Enquire ReligareOpen TradeSmart Account
Expand

Religare Vs TradeSmart Charges & AMC

Religare trading account opening charges is Rs 500 while TradeSmart account opening changes is Rs 200. Religare Demat Account AMC Charges is Rs 400 from second year onward and TradeSmart Demat Account AMC Charges is Rs 300.

  Religare TradeSmart
Trading Account Opening Charges Rs 500 Rs 200
Trading Account AMC Charges Nil Rs 0
Demat Account Opening Charges Nil Rs 200
Demat Account AMC Charges Rs 400 from second year onward Rs 300
Expand

Religare Vs TradeSmart Brokerage Charges & Plans

Religare Vs TradeSmart Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

  Religare TradeSmart
Account Type My Saver Online Plan Power Plan
Fixed Charges NA
Equity Delivery 0.50% to 0.10% Rs 15 per order
Equity Intraday 0.050% to 0.010% Rs 15 per order
Equity Futures 0.05% Rs 15 per order
Equity Options Rs 70 per lot Rs 15 per order
Currency Futures 0.05% Rs 15 per order
Currency Options Rs 30 per lot Rs 15 per order
Commodity Futures 0.05% Rs 15 per order
Commodity Options Rs 30 per lot Rs 15 per order
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. 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.

Religare Vs TradeSmart Brokerage Plan 2

  Religare TradeSmart
Account Type My Saver Online Plan Value Plan
Fixed Charges
Equity Delivery 0.50% to 0.10% 0.07%
Equity Intraday 0.050% to 0.010% 0.007%
Equity Futures 0.05% 0.007%
Equity Options Rs 70 per lot Rs 7 Per Lot
Currency Futures 0.05% 0.007%
Currency Options Rs 30 per lot Rs 7 Per Lot
Commodity Futures 0.05% 0.007%
Commodity Options Rs 30 per lot Rs 7 Per Lot
Enquire ReligareOpen TradeSmart Account

Religare Charges Vs TradeSmart

Minimum Brokerage 1p per share 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 10 per executed order (max Rs 50 per day) Rs 20 per executed order
Expand

Religare Vs TradeSmart Transaction Charges

Religare transaction charges for options is 0.06% on Premium while TradeSmart exchange transaction charges for options is 0.0715%.

  Religare TradeSmart
Equity Delivery 0.0037% 0.0035%
Equity Intraday 0.0037% 0.0035%
Equity Futures 0.004% 0.0024%
Equity Options 0.06% on Premium 0.0715%
Currency Futures 0.004% 0.00165%
Currency Options 0.06% on Premium 0.06%
Commodity 0.0035% 0.0039%
Enquire ReligareOpen TradeSmart Account
Expand

Religare Vs TradeSmart Leverage (Margin)

Religare 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.

  Religare 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 ReligareOpen TradeSmart Account
Expand

Compare Religare and TradeSmart Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. TradeSmart offers NEST, NOW, Spin trading software.

  Religare 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 No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Odin Diet, Web, Dynami 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 Mutual Fund, EMI Calculator
Referral Program Yes
Enquire ReligareOpen TradeSmart Account
Expand

Religare Vs TradeSmart Review

Religare is rated 2.9 of 5 based on 77 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

  Religare TradeSmart
  77 Customer Reviews    Rate Religare 67 Customer Reviews    Rate TradeSmart
Fees 3.2 3.8
Brokerage 3.1 4.4
Trading Platform 3.0 3.8
Customer Service 2.9 4.0
Research Capabilities 3.2 2.7
Overall Ratings Rated 2.9 stars Rated 4.0 stars
Broker Rating Religare is rated 2.9 of 5 based on 77 customer reviews TradeSmart is rated 4.0 of 5 based on 67 customer reviews
Expand

Contact Broker / Request A Call Back

  Religare Enquire TradeSmart Enquire
Contact Broker Get Free Trading + Demat Account for limited time. 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.
Expand

Religare Vs TradeSmart Investment Options

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

Religare Vs TradeSmart Order Type Offered

  Religare TradeSmart
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
Enquire ReligareOpen TradeSmart Account
Expand

Religare Vs TradeSmart Research Report

  Religare TradeSmart
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

Religare Vs TradeSmart Suitable For Investor Type

  Religare TradeSmart
Casual Investor
Active Investor Yes
Trader Yes
Expand

Religare Vs TradeSmart - Pros and Cons

  Religare TradeSmart
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.
  • 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
  • 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).
  • 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

Free Trading + Demat Account

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.

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 ReligareOpen TradeSmart Account

Compare More Brokers...

Religare TradeSmart
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App