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SBI Securities Vs TradeSmart (Compare SBI Securities and TradeSmart)

SBICAP Securities Ltd Logo

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

VNS Finance & Capital Services Ltd Logo

About 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
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

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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

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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 Yes No
Charting No Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding 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
Trading In SME Shares Allowed?
Referral Program Yes
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    Rate SBI Securities 67 Customer Reviews    Rate TradeSmart
Fees 3.1 3.8
Brokerage 2.7 4.4
Trading Platform 2.6 3.8
Customer Service 2.8 4.0
Research Capabilities 2.3 2.7
Overall Ratings Rated 2.5 stars Rated 4.0 stars
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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Contact Broker / Request A Call Back

  SBI Securities Enquire TradeSmart Enquire
Contact Broker 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. Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

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SBI Securities Vs TradeSmart Investment Options

  SBI Securities TradeSmart
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
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.
  • 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:
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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