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Sharekhan Vs TradeSmart (Compare Sharekhan and TradeSmart)

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


Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan


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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Sharekhan Vs TradeSmart

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Sharekhan TradeSmart
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type Classic Account Power Plan (₹15/Order)
Year of Incorporation 2000 1994
Number of Branches 2800 1
Broker Enquiry Open an Online Trading Account with Sharekhan. 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.
Enquire SharekhanEnquire TradeSmart
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Sharekhan Vs TradeSmart Charges & AMC

Sharekhan trading account opening charges is ₹0 (Free) while TradeSmart account opening changes is ₹200. Sharekhan Demat Account AMC Charges is ₹400 (Free for 1st year) and TradeSmart Demat Account AMC Charges is ₹300.

  Sharekhan TradeSmart
Trading Account Opening Charges ₹0 (Free) ₹200
Trading Account AMC Charges ₹0 (Free) ₹0
Demat Account Opening Charges ₹0 (Free) ₹200
Demat Account AMC Charges ₹400 (Free for 1st year) ₹300
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Sharekhan Vs TradeSmart Brokerage Charges & Plans

Sharekhan Vs TradeSmart Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas TradeSmart brokerage charges for equity is ₹15 per executed order and intraday is ₹15 per executed order.

  Sharekhan TradeSmart
Account Type Classic Account Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage 0.50% ₹15 per executed order
Equity Intraday Brokerage 0.10% ₹15 per executed order
Equity Futures Brokerage 0.10% ₹15 per executed order
Equity Options Brokerage ₹50 per lot ₹15 per executed order
Currency Futures Trading Brokerage 0.10% ₹15 per executed order
Currency Options Trading Brokerage ₹30 per lot ₹15 per executed order
Commodity Futures Trading Brokerage 0.03% ₹15 per executed order
Commodity Options Trading Brokerage 0.03% ₹15 per executed order
Special Offer
Special Offer: Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

Sharekhan Vs TradeSmart Brokerage Plan 2

  Sharekhan TradeSmart
Account Type Prepaid - ₹1 Lakh Value Plan
Fixed Charges ₹1,00,000 per year
Equity Delivery Brokerage 0.10% 0.007%
Equity Intraday Brokerage 0.015% 0.007%
Equity Futures Brokerage 0.015% 0.007%
Equity Options Brokerage 0.05% or ₹63 per lot ₹7 Per Lot
Currency Futures Trading Brokerage 0.007%
Currency Options Trading Brokerage ₹7 Per Lot
Commodity Futures Trading Brokerage 0.007%
Commodity Options Trading Brokerage ₹7 Per Lot
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Sharekhan Vs TradeSmart Brokerage Plan 3

  Sharekhan TradeSmart
Account Type Margin - ₹1 Lakh Power Plan (₹15/Order)
Fixed Charges ₹1,00,000 margin
Equity Delivery Brokerage 0.25% ₹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 1% or ₹70 per lot ₹15 per executed order
Currency Futures Trading Brokerage ₹15 per executed order
Currency Options Trading Brokerage ₹15 per executed order
Commodity Futures Trading Brokerage ₹15 per executed order
Commodity Options Trading Brokerage ₹15 per executed order
Enquire SharekhanEnquire TradeSmart

Sharekhan Charges Vs TradeSmart

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share ₹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 Rs 20 ₹20 per executed order
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Sharekhan Vs TradeSmart Transaction Charges

Sharekhan transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) while TradeSmart exchange transaction charges for options is 0.0715%.

  Sharekhan TradeSmart
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) 0.0035%
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) 0.0035%
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side) 0.0024%
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) 0.0715%
Currency Futures NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%) 0.00165%
Currency Options NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium) 0.06%
Commodity MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%) 0.0039%
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Sharekhan Vs TradeSmart Leverage (Margin)

Sharekhan provides the margin of Upto 10x for intraday trades whereas the TradeSmart margin for intraday cash is 30x trading margin.

  Sharekhan TradeSmart
Equity Delivery Upto 5x with 24% interest per year 1x (no margin)
Equity Intraday Upto 10x 30x trading margin
Equity Futures 2x for Intraday 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 Upto 2x for Intraday MIS: 2X | BO: 6X | CO: 6X
Commodity Options MIS: NA | BO: NA | CO: NA
Enquire SharekhanEnquire TradeSmart
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Compare Sharekhan and TradeSmart Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. TradeSmart offers NEST, NOW, Spin trading software.

  Sharekhan TradeSmart
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform TradeTiger, Sharekhan Mobile NEST, NOW, Spin
Intraday Square-off Time 3:30 PM Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features Pattern finder, Class room training
Referral Program Yes
Enquire SharekhanEnquire TradeSmart
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Sharekhan Vs TradeSmart Review

Sharekhan is rated 3.3 of 5 based on 288 customer reviews whereas TradeSmart is rated 4.1 of 5 based on 61 customer reviews.

  Sharekhan TradeSmart
  288 Customer Reviews    Rate Sharekhan 61 Customer Reviews    Rate TradeSmart
Fees 3.1 3.8
Trading Brokerage 2.9 4.4
Trading Platform Usability 3.7 3.8
Customer Service 3.3 4.0
Research Capabilities 3.3
Overall Ratings Rated 3.3 stars Rated 4.1 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 288 customer reviews TradeSmart is rated 4.1 of 5 based on 61 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Enquire TradeSmart Enquire
Contact Broker

Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

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

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Sharekhan Vs TradeSmart Investment Options

  Sharekhan TradeSmart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options Loans, NRI Trading
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Sharekhan Vs TradeSmart Order Type Offered

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

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

  Sharekhan TradeSmart
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Sharekhan Vs TradeSmart - Advantages and Disadvantages

  Sharekhan TradeSmart
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.

More Advantages...

  • 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.

More Advantages...

Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.

More Disadvantages...

  • 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.

More Disadvantages...

Reviews Useful Articles:
Promo / Offers

Free Trading & Demat Account (for limited time only)

Get FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

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
Enquire SharekhanEnquire TradeSmart

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