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TradeSmart Vs Dhan (Compare TradeSmart and Dhan)

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

Moneylicious Securities Pvt Ltd Logo

About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to park their hard-earned money and create wealth in the long run, and Dhan is committed to providing these options. Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL and with NSE, BSE and MCX stock exchanges to perform its functions. Dhan offers a va... Know more about Moneylicious Securities Pvt Ltd

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TradeSmart Vs Dhan

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  TradeSmart Dhan
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1994 2021
Number of Branches 1 1
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TradeSmart Vs Dhan Charges & AMC

TradeSmart trading account opening charges is Rs 200 while Dhan account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 and Dhan Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).

  TradeSmart Dhan
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 ₹0 (Free)
Demat Account Opening Charges Rs 200 Rs 0 (Free)
Demat Account AMC Charges Rs 300 ₹0 (Lifetime Zero AMC)

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TradeSmart Vs Dhan Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.

Account Type TradeSmart Power Plan Dhan Flat Rate Plan
Fixed Charges NA Rs 0 or Nill
Equity Delivery Rs 15 per order Rs. 0
Equity Intraday Rs 15 per order Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures Rs 15 per order Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Rs 15 per order Rs 20 per executed order
Currency Futures Rs 15 per order Rs 20 or 0.03% of trade value, whichever is lower
Currency Options Rs 15 per order Rs 20 per executed order
Commodity Futures Rs 15 per order Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options Rs 15 per order Rs 20 per executed 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.
Special Offer: Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

TradeSmart Vs Dhan Brokerage Plan 2

  TradeSmart Dhan
Account Type Value Plan Flat Rate Plan
Fixed Charges Rs 0 or Nill
Equity Delivery 0.07% Rs. 0
Equity Intraday 0.007% Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures 0.007% Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Rs 7 Per Lot Rs 20 per executed order
Currency Futures 0.007% Rs 20 or 0.03% of trade value, whichever is lower
Currency Options Rs 7 Per Lot Rs 20 per executed order
Commodity Futures 0.007% Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options Rs 7 Per Lot Rs 20 per executed order
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TradeSmart Charges Vs Dhan

Minimum Brokerage Rs 15 per executed order Rs 20
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 Rs 50 per order

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TradeSmart Vs Dhan Transaction Charges

TradeSmart transaction charges for options is 0.0715% while Dhan exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium).

  TradeSmart Dhan
Equity Delivery 0.0035% NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday 0.0035% NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures 0.0024% NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options 0.0715% NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures 0.00165% NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options 0.06% NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity 0.0039% Group A, B : 0.0026%
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TradeSmart Vs Dhan Leverage (Margin)

TradeSmart margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Dhan margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  TradeSmart Dhan
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 TradeSmart and Dhan Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

  TradeSmart Dhan
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform NEST, NOW, Spin Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing 3:20 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes Yes
Other Features APIs for Algo Trading, smallcases on Dhan
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TradeSmart Vs Dhan Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas Dhan is rated 2.8 of 5 based on 19 customer reviews.

  TradeSmart Dhan
  67 Customer Reviews    Rate TradeSmart 19 Customer Reviews    Rate Dhan
Fees 3.8 3.9
Brokerage 4.4 3.3
Trading Platform 3.8 3.2
Customer Service 4.0 2.1
Research Capabilities 2.7 2.4
Overall Ratings Rated 4.0 stars Rated 2.8 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 67 customer reviews Dhan is rated 2.8 of 5 based on 19 customer reviews

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Contact Broker / Request A Call Back

  TradeSmart Enquire Dhan 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. Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

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TradeSmart Vs Dhan Investment Options

  TradeSmart Dhan
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds Yes No
Bond / NCD Yes Yes
Debt No No
Other Investment Options

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TradeSmart Vs Dhan Order Type Offered

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

  TradeSmart Dhan
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No Yes

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TradeSmart Vs Dhan Suitable For Investor Type

  TradeSmart Dhan
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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TradeSmart Vs Dhan - Pros and Cons

  TradeSmart Dhan
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.
  • Safe, reliable, and technologically first online broker.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free account opening.
  • AMC free demat account.
  • Free equity delivery trades.
  • Flat Rs 20 per trade brokerage for all other segments.
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.
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 20 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
Reviews Useful Articles:
Promo / Offers

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.

Dhan Special Offer

Brokerage-free share delivery trading and AMC free demat account

  • Free account opening and Demat AMC +
  • Brokerage-free equity delivery and flat Rs 20 per trade for intraday and F&O +
  • Separate option trading APP.

This is a limited-time offer. Open an instant account online and start trading today.

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