SBI Securities Vs TradeSmart (Compare SBI Securities and TradeSmart)

The side-by-side comparison of SBI Securities and TradeSmart. Compare SBI Securities Vs TradeSmart brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best SBI Securities vs TradeSmart?


SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders. SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians a... Know more about SBICAP Securities Ltd


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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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
Supported Exchnages BSE, NSE BSE, NSE, MCX
Account Type eZ-trade Power Plan (₹15/Order)
Year of Incorporation 2001 1994
Number of Branches 117 1
Broker Enquiry Open an Online Trading Account with SBI Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you.
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SBI Securities Vs TradeSmart Charges & AMC

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

  SBI Securities TradeSmart
Trading Account Opening Charges ₹850 ₹200
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹200
Demat Account AMC Charges ₹350 ₹300
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SBI Securities Vs TradeSmart Brokerage Charges & Plans

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 ₹15 per executed order and intraday is ₹15 per executed order.

  SBI Securities TradeSmart
Account Type eZ-trade Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage 0.50% ₹15 per executed order
Equity Intraday Brokerage 0.05% ₹15 per executed order
Equity Futures Brokerage 0.05% ₹15 per executed order
Equity Options Brokerage ₹100 per lot ₹15 per executed order
Currency Futures Trading Brokerage 0.03% ₹15 per executed order
Currency Options Trading Brokerage ₹30 per lot ₹15 per executed order
Commodity Futures Trading Brokerage NA ₹15 per executed order
Commodity Options Trading Brokerage NA ₹15 per executed order
Special Offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

SBI Securities Vs TradeSmart Brokerage Plan 2

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

Minimum Brokerage Charges ₹0.05 for Cash, ₹0.01 Future ₹15 per executed order
Other Brokerage Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order
Call & Trade Charges ₹10 per call (after 30 free calls a month) ₹20 per executed order
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SBI Securities Vs TradeSmart Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (₹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% (₹221/Crore) 0.0024%
Equity Options NSE: 0.05515% (₹5515/Crore) 0.0715%
Currency Futures 0.002206% 0.00165%
Currency Options NSE: 0.05515% (₹5515/Crore) 0.06%
Commodity 0.0039%
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SBI Securities Vs TradeSmart Leverage (Margin)

SBI Securities provides the margin of Upto 5x for intraday trades whereas the TradeSmart margin for intraday cash is 30x trading margin.

  SBI Securities TradeSmart
Equity Delivery 2x with Intrest 1x (no margin)
Equity Intraday Upto 5x 30x trading margin
Equity Futures Nil MIS: 3X | BO: 7X | CO: 7X
Equity Options Nil MIS: 3X | BO: 7X | CO: 7X
Currency Futures Nil MIS: 3X | BO: 3X | CO: 3X
Currency Options Nil MIS: 3X | BO: NA | CO: NA
Commodity Futures NA MIS: 2X | BO: 6X | CO: 6X
Commodity Options MIS: NA | BO: NA | CO: NA
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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 Yes No
Charting No Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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
Other Features
Referral Program Yes
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SBI Securities Vs TradeSmart Review

SBI Securities is rated 2.6 of 5 based on 140 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 64 customer reviews.

  SBI Securities TradeSmart
  140 Customer Reviews    Rate SBI Securities 64 Customer Reviews    Rate TradeSmart
Fees 3.2 3.8
Trading Brokerage 2.8 4.4
Trading Platform Usability 2.6 3.7
Customer Service 2.8 4.0
Research Capabilities 2.3 3.0
Overall Ratings Rated 2.6 stars Rated 4.0 stars
Broker Rating SBI Securities is rated 2.6 of 5 based on 140 customer reviews TradeSmart is rated 4.0 of 5 based on 64 customer reviews
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Contact Broker / Request A Call Back

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Contact Broker

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FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

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SBI Securities Vs TradeSmart Investment Options

  SBI Securities TradeSmart
Stock / Equity Yes Yes
Commodity No 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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SBI Securities Vs TradeSmart Order Type Offered

  SBI Securities TradeSmart
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No Yes
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SBI Securities Vs TradeSmart Research Report

  SBI Securities TradeSmart
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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SBI Securities Vs TradeSmart Suitable For Investor Type

  SBI Securities TradeSmart
Casual Investor Yes
Active Investor Yes
Trader Yes
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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.
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of ₹1000.
  • 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 ₹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.
Reviews Useful Articles:
Promo / Offers

Limited Time Offer - Free Account Opening (₹400 waived)

Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat ₹15 per order.

Get this limited time offer
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