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, exposure margin, demat account. Read TradeSmart and SBI Securities review.
Find out SBI Securities Vs TradeSmart which is better and SBI Securities Vs TradeSmart which is best.
Our SBICAP Securities Ltd comparison with VNS Finance & Capital Services Ltd highlights the major differences between two brokers. Find the best between SBI Securities and TradeSmart.
SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd. Services offered by SBICAP includes Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services and E-Broking. They also provide online trading ...
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 of...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE
BSE, NSE, MCX
Account Type
eZ-trade
Power Plan (₹15/Order)
Broker Enquiry
Year of Incorporation
2001
1994
Number of Branches
117
1
SBI Securities Vs TradeSmart Charges
SBI Securities
TradeSmart
Trading Account Opening Fees
₹850
₹200
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹200
Demat Account AMC
₹350
₹300
Demat Account is Mandatory?
No
No
SBI Securities Vs TradeSmart Brokerage
Brokerage Plan 1
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
Rs 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
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
Rs 30 per lot
₹7 Per Lot
Commodity Futures Trading Brokerage
NA
0.007%
Commodity Options Trading Brokerage
NA
₹7 Per Lot
Other Charges
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
SBI Securities Vs TradeSmart Taxes
SBI Securities
TradeSmart
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
SBI Securities Vs TradeSmart Transaction Charges
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%
SBI Securities Vs TradeSmart Exposure 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
SBI Securities and TradeSmart Feature Comparison
SBI Securities
TradeSmart
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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
Other Features
Referral Program
SBI Securities Vs TradeSmart Review
SBI Securities
TradeSmart
130 Customer Reviews
58 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
SBI Securities is Rated 2.6 / 5 based on 130 customer reviews
TradeSmart is Rated 4.1 / 5 based on 58 customer reviews
Contact Broker / Request A Call Back
SBI Securities Enquire
TradeSmart Enquire
Contact Broker
SBI Securities Vs TradeSmart Investment Options
SBI Securities
TradeSmart
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
SBI Securities Vs TradeSmart Customer Service
SBI Securities
TradeSmart
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
SBI Securities
TradeSmart
Pros
Offer 3-in-1 account for seamless transactions.
Full-service broker offering services online as well as through branches.
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 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. 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.
Trade Smart Online is in the stock broking industry since 1994.
TSO's online knowledge base has lot of information which is helpful for most customers.
Zerodha
Zero Account Opening Fee