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Religare Vs Trade Smart Online (Compare Religare and Trade Smart Online)

The side-by-side comparison of Religare and Trade Smart Online. Compare Religare Vs Trade Smart Online brokerage, charges, exposure margin, demat account. Read Trade Smart Online and Religare review.

Find out Religare Vs Trade Smart Online which is better and Religare Vs Trade Smart Online which is best.

Our Religare comparison with Trade Smart Online highlights the major differences between two brokers. Find the best between Religare and Trade Smart Online.

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Religare Vs 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 Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type 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.
Year of Incorporation 1994 1994
Number of Branches 1500 1
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Religare Vs Trade Smart Online Charges

  Religare Trade Smart Online
Trading Account Opening Fees ₹500 ₹200
Trading Account AMC Nil ₹0
Demat Account Opening Fees Nil ₹200
Demat Account AMC ₹400 from second year onward ₹300
Demat Account is Mandatory? No No
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Religare Vs Trade Smart Online Brokerage

Brokerage Plan 1

  Religare Trade Smart Online
Account Type My Saver Online Plan Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% ₹15
Equity Intraday Brokerage 0.050% to 0.010% ₹15
Equity Futures Brokerage 0.05% ₹15
Equity Options Brokerage ₹70 per lot ₹15
Currency Futures Trading Brokerage 0.05% ₹15
Currency Options Trading Brokerage ₹30 per lot ₹15
Commodity Futures Trading Brokerage 0.05% ₹15
Commodity Options Trading Brokerage ₹30 per lot ₹15

Brokerage Plan 2

  Religare Trade Smart Online
Account Type My Saver Online Plan Value Plan
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% 0.007%
Equity Intraday Brokerage 0.050% to 0.010% 0.007%
Equity Futures Brokerage 0.05% 0.007%
Equity Options Brokerage ₹70 per lot ₹7 Per Lot
Currency Futures Trading Brokerage 0.05% 0.007%
Currency Options Trading Brokerage ₹30 per lot ₹7 Per Lot
Commodity Futures Trading Brokerage 0.05% 0.007%
Commodity Options Trading Brokerage ₹30 per lot

Other Charges

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

  Religare Trade Smart Online
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 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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Religare Vs Trade Smart Online Transaction Charges

  Religare Trade Smart Online
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%
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Religare Vs Trade Smart Online Exposure Margin

  Religare Trade Smart Online
Equity Delivery Upto 4x with 24% interest per year 1x (no margin)
Equity Intraday Upto 10x 30x trading margin
Equity Futures Upto 3x 7x trading margin
Equity Options Upto 3x for shorting 7x trading margin
Currency Futures Upto 2x 3x trading margin
Currency Options 2x for shorting 3x trading margin
Commodity Futures Upto 3x 6x trading margin
Commodity Options
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Religare and Trade Smart Online Feature Comparison

  Religare Trade Smart Online
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 Available No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
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Religare Vs Trade Smart Online Review

  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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Religare Vs Trade Smart Online Investment Options

  Religare Trade Smart Online
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options
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Religare Vs Trade Smart Online Customer Service

  Religare Trade Smart Online
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
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Religare Vs Trade Smart Online Order Type Offered

  Religare Trade Smart Online
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
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Religare Vs Trade Smart Online Research Report

  Religare Trade Smart Online
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Religare Vs Trade Smart Online Suitable For Investor Type

  Religare Trade Smart Online
Casual Investor
Active Investor Yes
Trader Yes
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Religare Vs Trade Smart Online - Advantages and Disadvantages

  Religare Trade Smart Online
Pros
  • 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
  • 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...

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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.

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