SBI Securities Vs TradeSmart (Compare SBI Securities and TradeSmart)

SBI Securities Vs TradeSmart

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	SBI Securities	TradeSmart
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2001	1994
Number of Branches	117	1
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SBI Securities Vs TradeSmart Charges & AMC

SBI Securities trading account opening charges is Rs 850 while TradeSmart account opening changes is Rs 200. SBI Securities Demat Account AMC Charges is Rs 350 and TradeSmart Demat Account AMC Charges is Rs 300.

	SBI Securities	TradeSmart
Trading Account Opening Charges	Rs 850	Rs 200
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 200
Demat Account AMC Charges	Rs 350	Rs 300

SBI Securities Vs TradeSmart Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

Account Type	SBI Securities eZ-trade	TradeSmart Power Plan
Fixed Charges		NA
Equity Delivery	0.50%	Rs 15 per order
Equity Intraday	0.05%	Rs 15 per order
Equity Futures	0.05%	Rs 15 per order
Equity Options	Rs 100 per lot	Rs 15 per order
Currency Futures	0.03%	Rs 15 per order
Currency Options	Rs 30 per lot	Rs 15 per order
Commodity Futures	NA	Rs 15 per order
Commodity Options	NA	Rs 15 per order
Special Offer	Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	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.

SBI Securities Vs TradeSmart Brokerage Plan 2

	SBI Securities	TradeSmart
Account Type	eZ-trade	Value Plan
Fixed Charges
Equity Delivery	0.50%	0.07%
Equity Intraday	0.05%	0.007%
Equity Futures	0.05%	0.007%
Equity Options	Rs 100 per lot	Rs 7 Per Lot
Currency Futures	0.03%	0.007%
Currency Options	Rs 30 per lot	Rs 7 Per Lot
Commodity Futures	NA	0.007%
Commodity Options	NA	Rs 7 Per Lot
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SBI Securities Charges Vs TradeSmart

Minimum Brokerage	Rs 0.05 for Cash, Rs 0.01 Future	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 call (after 30 free calls a month)	Rs 20 per executed order

SBI Securities Vs TradeSmart Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while TradeSmart exchange transaction charges for options is 0.0715%.

	SBI Securities	TradeSmart
Equity Delivery	NSE: 0.00386% | BSE: 0.00384%	0.0035%
Equity Intraday	NSE: 0.00386% | BSE: 0.00384%	0.0035%
Equity Futures	NSE: 0.002206% (Rs 221/Crore)	0.0024%
Equity Options	NSE: 0.05515% (Rs 5515/Crore)	0.0715%
Currency Futures	0.002206%	0.00165%
Currency Options	NSE: 0.05515% (Rs 5515/Crore)	0.06%
Commodity		0.0039%
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SBI Securities Vs TradeSmart Leverage (Margin)

SBI Securities 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.

	SBI Securities	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)
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Compare SBI Securities and TradeSmart Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. TradeSmart offers NEST, NOW, Spin trading software.

	SBI Securities	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	SBI Smart Express, SBI Smart Web, SBI Smart Mobile	NEST, NOW, Spin
Intraday Square-off Time	2:45 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
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SBI Securities Vs TradeSmart Review

SBI Securities is rated 2.5 of 5 based on 154 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

	SBI Securities	TradeSmart
	154 Customer Reviews	67 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SBI Securities is rated 2.5 of 5 based on 154 customer reviews	TradeSmart is rated 4.0 of 5 based on 67 customer reviews

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SBI Securities Vs TradeSmart Investment Options

	SBI Securities	TradeSmart
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

SBI Securities Vs TradeSmart Order Type Offered

	SBI Securities	TradeSmart
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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SBI Securities Vs TradeSmart Research Report

	SBI Securities	TradeSmart
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

SBI Securities Vs TradeSmart Suitable For Investor Type

	SBI Securities	TradeSmart
Casual Investor
Active Investor
Trader

SBI Securities Vs TradeSmart - Pros and Cons

	SBI Securities	TradeSmart
Pros	Offer 3-in-1 account for seamless transactions. Full-service broker offering services online as well as through branches. Wide range of investment options. Free research reports are available.	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	Installable Trading Terminal (exe) is not available for frequent traders. Good Till Cancelled (GTC) orders are not available. Very high brokerage. Commodity (MCX) trading is not available.	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	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	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.
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