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Trade Smart Online Vs AxisDirect (Compare Trade Smart Online and AxisDirect)

The side-by-side comparison of Trade Smart Online and AxisDirect. Compare Trade Smart Online Vs AxisDirect brokerage, charges, exposure margin, demat account. Read AxisDirect and Trade Smart Online review.

Find out Trade Smart Online Vs AxisDirect which is better and Trade Smart Online Vs AxisDirect which is best.

Our Trade Smart Online comparison with Axis Securities highlights the major differences between two brokers. Find the best between Trade Smart Online and AxisDirect.

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Trade Smart Online Vs AxisDirect

  Trade Smart Online Axis Securities
 
Trade Smart Online Logo Axis Securities Logo
About the Broker Trade Smart Online (TSO) is Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart Online is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorp... Know more about Trade Smart Online Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDir... Know more about Axis Securities
Type of Broker Discount Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Power Plan (₹15/Order) Trade@20 (SA75000)
Broker Enquiry Open an Online Trading Account with Trade Smart Online. Leave your contact info and we will get in touch with you. Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994 2006
Number of Branches 1 56
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Trade Smart Online Vs AxisDirect Charges

  Trade Smart Online Axis Securities
Trading Account Opening Fees ₹200 ₹900 (3 in 1 account)
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹200 ₹0
Demat Account AMC ₹300 ₹650 (free for 1st year)
Demat Account is Mandatory? No No
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Trade Smart Online Vs AxisDirect Brokerage

Brokerage Plan 1

  Trade Smart Online Axis Securities
Account Type Power Plan (₹15/Order) Trade@20 (SA75000)
Fixed Charges
Equity Delivery Brokerage ₹15 ₹20 per executed order
Equity Intraday Brokerage ₹15 ₹20 per executed order
Equity Futures Brokerage ₹15 ₹20 per executed order
Equity Options Brokerage ₹15 ₹20 per executed order
Currency Futures Trading Brokerage ₹15 NA
Currency Options Trading Brokerage ₹15 NA
Commodity Futures Trading Brokerage ₹15 NA
Commodity Options Trading Brokerage ₹15 NA

Brokerage Plan 2

  Trade Smart Online Axis Securities
Account Type Value Plan Fixed Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.007% 0.50% (Each Leg)
Equity Intraday Brokerage 0.007% 0.05% (Each Leg)
Equity Futures Brokerage 0.007% 0.05% (Each Leg)
Equity Options Brokerage ₹7 Per Lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage 0.007% 0.05% (Each Leg)
Currency Options Trading Brokerage ₹7 Per Lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage 0.007% 0.03% (Each Leg)
Commodity Options Trading Brokerage ₹50 per lot

Other Charges

Minimum Brokerage Charges ₹15 ₹20 per trade
Other Brokerage Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges ₹20 per executed order ₹20 per call
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Trade Smart Online Vs AxisDirect Taxes

  Trade Smart Online Axis Securities
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Trade Smart Online Vs AxisDirect Transaction Charges

  Trade Smart Online Axis Securities
Equity Delivery 0.0035% 0.00325% (₹325/Cr)
Equity Intraday 0.0035% 0.00325% (₹325/Cr)
Equity Futures 0.0024% 0.0019% (₹190/Cr)
Equity Options 0.0715% 0.05% (₹5000/crore)
Currency Futures 0.00165% 0.0019% (₹190/Cr)
Currency Options 0.06% 0.05% (₹5000/crore)
Commodity 0.0039%
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Trade Smart Online Vs AxisDirect Exposure Margin

  Trade Smart Online Axis Securities
Equity Delivery 1x (no margin) 100% (1x)
Equity Intraday 30x trading margin Upto 10x
Equity Futures 7x trading margin 100% (1x)
Equity Options 7x trading margin 100% (1x)
Currency Futures 3x trading margin 100% (1x)
Currency Options 3x trading margin 100% (1x)
Commodity Futures 6x trading margin 3x
Commodity Options 100% (1x)
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Trade Smart Online and AxisDirect Feature Comparison

  Trade Smart Online Axis Securities
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform NEST, NOW, Spin DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing 3:15
Other Features
Referral Program Yes
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Trade Smart Online Vs AxisDirect Review

  Trade Smart Online Axis Securities
  58 Customer Reviews    Rate Trade Smart Online 48 Customer Reviews    Rate AxisDirect
Fees Ratings 3.9 2.0
Trading Brokerage Rating 4.5 1.8
Trading Platform Usability 3.7 2.7
Customer Service Ratings 4.1 2.4
Overall Ratings Rated 4.1 stars Rated 2.2 stars
Broker Rating Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews AxisDirect is Rated 2.2 / 5 based on 48 customer reviews
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Contact Broker / Request A Call Back

  Trade Smart Online Axis Securities
Contact / Request Call Back
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Trade Smart Online Vs AxisDirect Investment Options

  Trade Smart Online Axis Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options Loans, ETF, Corporate FD
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Trade Smart Online Vs AxisDirect Customer Service

  Trade Smart Online Axis Securities
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches No Yes
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Trade Smart Online Vs AxisDirect Order Type Offered

  Trade Smart Online Axis Securities
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes Yes
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Trade Smart Online Vs AxisDirect Research Report

  Trade Smart Online Axis Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Trade Smart Online Vs AxisDirect Suitable For Investor Type

  Trade Smart Online Axis Securities
Casual Investor Yes
Active Investor Yes
Trader Yes
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Trade Smart Online Vs AxisDirect - Advantages and Disadvantages

  Trade Smart Online Axis Securities
Pros
  • 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 investing 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 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 information which is helpful for most customers.

More Advantages...

  1. Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
  2. Offers 3-in-1 investment account
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

Cons
  • 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...

  • Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
  • Charges ₹250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged ₹20 extra per trade

More Disadvantages...

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