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...
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...
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 |
![]() |
![]() |
Enquire SBI Securities | Enquire TradeSmart |
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 brokerage charges for equity is 0.50% and intraday is 0.05% whereas TradeSmart brokerage charges for equity is Rs 15 per executed order and intraday is Rs 15 per executed order.
SBI Securities | TradeSmart | |
---|---|---|
Account Type | eZ-trade | Power Plan (?15/Order) |
Fixed Charges | ||
Equity Delivery Brokerage | 0.50% | Rs 15 per executed order |
Equity Intraday Brokerage | 0.05% | Rs 15 per executed order |
Equity Futures Brokerage | 0.05% | Rs 15 per executed order |
Equity Options Brokerage | Rs 100 per lot | Rs 15 per executed order |
Currency Futures Trading Brokerage | 0.03% | Rs 15 per executed order |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 15 per executed order |
Commodity Futures Trading Brokerage | NA | Rs 15 per executed order |
Commodity Options Trading Brokerage | NA | Rs 15 per executed order |
Special Offer | Special Offer: FREE Account Opening (Rs 400 waived) + Trade at flat Rs 15 per order. Get the offer |
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 | Rs 100 per lot | Rs 7 Per Lot |
Currency Futures Trading Brokerage | 0.03% | 0.007% |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 7 Per Lot |
Commodity Futures Trading Brokerage | NA | 0.007% |
Commodity Options Trading Brokerage | NA | Rs 7 Per Lot |
Enquire SBI Securities | Enquire TradeSmart |
Minimum Brokerage Charges | Rs 0.05 for Cash, Rs 0.01 Future | Rs 15 per executed order |
Other Brokerage 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 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% | |
Enquire SBI Securities | Enquire TradeSmart |
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 | |
Enquire SBI Securities | Enquire TradeSmart |
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 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 | ![]() |
|
Enquire SBI Securities | Enquire TradeSmart |
SBI Securities is rated 2.6 of 5 based on 143 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 65 customer reviews.
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) | ![]() |
![]() |
Enquire SBI Securities | Enquire TradeSmart |
SBI Securities | TradeSmart | |
---|---|---|
Pros |
|
|
Cons |
|
|
Reviews | Useful Articles:
|
|
Promo / Offers | Limited Time Offer - Free Account Opening (Rs 400 waived)Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat Rs 15 per order. Get this limited time offer |
|
Enquire SBI Securities | Enquire TradeSmart |
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc