TradeSmart Vs Anand Rathi (Compare TradeSmart and Anand Rathi)


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


Anand Rathi
Incorporated in 1994, Anand Rathi is Mumbai based firm engaged in financial and advisory services that includes wealth management, investment banking, corporate advisory, brokerage & distribution of equities, commodities, mutual funds, and insurance. Anand Rathi is a full-service broker offering brokerage services to retail and institutional customers. Anand Rathi has a presence in India as well as internationally through offices in Dubai. Anand Rathi has a network across 1200+ locations se... Know more about Anand Rathi

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TradeSmart Vs Anand Rathi

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX & NSEL. It has 1200 branches across India.

  TradeSmart Anand Rathi
Type of Broker Discount Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX NSE, BSE, MCX, NCDEX & NSEL
Year of Incorporation 1994 1994
Number of Branches 1 1200
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TradeSmart Vs Anand Rathi Charges & AMC

TradeSmart trading account opening charges is Rs 200 while Anand Rathi account opening changes is Rs 552 (including GST). TradeSmart Demat Account AMC Charges is Rs 300 and Anand Rathi Demat Account AMC Charges is Rs 299 from second year onward.

  TradeSmart Anand Rathi
Trading Account Opening Charges Rs 200 Rs 552 (including GST)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 200 Rs 550
Demat Account AMC Charges Rs 300 Rs 299 from second year onward
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TradeSmart Vs Anand Rathi Brokerage Charges & Plans

TradeSmart Vs Anand Rathi Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015%.

  TradeSmart Anand Rathi
Account Type Power Plan Standard Plan
Fixed Charges NA NA
Equity Delivery Rs 15 per order 0.5% - 0.15%
Equity Intraday Rs 15 per order 0.05% -0.015%
Equity Futures Rs 15 per order 0.05% - 0.015%
Equity Options Rs 15 per order Rs 75 to Rs 20
Currency Futures Rs 15 per order 0.05% - 0.015%
Currency Options Rs 15 per order Rs 75 to Rs 20
Commodity Futures Rs 15 per order 0.008% - 0.05%
Commodity Options Rs 15 per order
Special Offer
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.

TradeSmart Vs Anand Rathi Brokerage Plan 2

  TradeSmart Anand Rathi
Account Type Value Plan Standard Plan
Fixed Charges NA
Equity Delivery 0.07% 0.5% - 0.15%
Equity Intraday 0.007% 0.05% -0.015%
Equity Futures 0.007% 0.05% - 0.015%
Equity Options Rs 7 Per Lot Rs 75 to Rs 20
Currency Futures 0.007% 0.05% - 0.015%
Currency Options Rs 7 Per Lot Rs 75 to Rs 20
Commodity Futures 0.007% 0.008% - 0.05%
Commodity Options Rs 7 Per Lot
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TradeSmart Charges Vs Anand Rathi

Minimum Brokerage 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 20 per executed order
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TradeSmart Vs Anand Rathi Transaction Charges

TradeSmart transaction charges for options is 0.0715% while Anand Rathi exchange transaction charges for options is Rs 7000 per Cr (0.07%).

  TradeSmart Anand Rathi
Equity Delivery 0.0035% NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)
Equity Intraday 0.0035% NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)
Equity Futures 0.0024% NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side)
Equity Options 0.0715% Rs 7000 per Cr (0.07%)
Currency Futures 0.00165% Rs 350 per Cr (0.0035%)
Currency Options 0.06% Rs 7000 per Cr (0.07%)
Commodity 0.0039% Rs 350 per Cr (0.0035%)
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TradeSmart Vs Anand Rathi Leverage (Margin)

TradeSmart margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Anand Rathi margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  TradeSmart Anand Rathi
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare TradeSmart and Anand Rathi Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. Anand Rathi offers Trade X trading software.

  TradeSmart Anand Rathi
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform NEST, NOW, Spin Trade X
Intraday Square-off Time 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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TradeSmart Vs Anand Rathi Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas Anand Rathi is rated 3.1 of 5 based on 14 customer reviews.

  TradeSmart Anand Rathi
  67 Customer Reviews    Rate TradeSmart 14 Customer Reviews    Rate Anand Rathi
Fees 3.8 3.2
Brokerage 4.4 3.2
Trading Platform 3.8 3.0
Customer Service 4.0 3.4
Research Capabilities 2.7 3.5
Overall Ratings Rated 4.0 stars Rated 3.1 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 67 customer reviews Anand Rathi is rated 3.1 of 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  TradeSmart Enquire Anand Rathi Enquire
Contact Broker Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today. Leave your contact information and we will get in touch with you....
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TradeSmart Vs Anand Rathi Investment Options

  TradeSmart Anand Rathi
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options
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TradeSmart Vs Anand Rathi Order Type Offered

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

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

  TradeSmart Anand Rathi
Casual Investor
Active Investor Yes Yes
Trader Yes
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TradeSmart Vs Anand Rathi - Pros and Cons

  TradeSmart Anand Rathi
Pros
  • 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.
  1. They have 200 branches for extensive reach.
  2. call & trade is also available.
  3. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
  4. Trading is available in both BSE and NSE.
  5. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
Cons
  • 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.
  1. AnandRathi brokerage is high and not negotiable.
  2. They don't offer 3 in 1 account.
  3. There are some extra charges for their featured products.
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Promo / Offers

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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