TradeSmart Vs Edelweiss (Compare TradeSmart and Edelweiss)

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


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


Edelweiss
Incorporated in 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate. The Retail Broking business of Edelweiss offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities and Futures & Options. Edelweiss offers investment advice backed by research and analysis to it... Know more about Edelweiss Broking Ltd

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TradeSmart Vs Edelweiss

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

  TradeSmart Edelweiss
Type of Broker Discount Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type Power Plan (₹15/Order) Edelweiss Lite
Year of Incorporation 1994 2002
Number of Branches 1 237
Broker Enquiry Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Edelweiss. Leave your contact info and we will get in touch with you.
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TradeSmart Vs Edelweiss Charges & AMC

TradeSmart trading account opening charges is ₹200 while Edelweiss account opening changes is ₹0 (Free). TradeSmart Demat Account AMC Charges is ₹300 and Edelweiss Demat Account AMC Charges is ₹500 (1st Year Free).

  TradeSmart Edelweiss
Trading Account Opening Charges ₹200 ₹0 (Free)
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹200 ₹0 (Free)
Demat Account AMC Charges ₹300 ₹500 (1st Year Free)
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TradeSmart Vs Edelweiss Brokerage Charges & Plans

TradeSmart Vs Edelweiss Brokerage

TradeSmart brokerage charges for equity is ₹15 per executed order and intraday is ₹15 per executed order whereas Edelweiss brokerage charges for equity is ₹10 per executed order and intraday is ₹10 per executed order.

  TradeSmart Edelweiss
Account Type Power Plan (₹15/Order) Edelweiss Lite
Fixed Charges
Equity Delivery Brokerage ₹15 per executed order ₹10 per executed order
Equity Intraday Brokerage ₹15 per executed order ₹10 per executed order
Equity Futures Brokerage ₹15 per executed order ₹10 per executed order
Equity Options Brokerage ₹15 per executed order ₹10 per executed order
Currency Futures Trading Brokerage ₹15 per executed order ₹10 per executed order
Currency Options Trading Brokerage ₹15 per executed order ₹10 per executed order
Commodity Futures Trading Brokerage ₹15 per executed order
Commodity Options Trading Brokerage ₹15 per executed order
Special Offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer
Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

TradeSmart Vs Edelweiss Brokerage Plan 2

  TradeSmart Edelweiss
Account Type Value Plan Edelweiss Elite
Fixed Charges
Equity Delivery Brokerage 0.007% 0.30%
Equity Intraday Brokerage 0.007% 0.03%
Equity Futures Brokerage 0.007% 0.03%
Equity Options Brokerage ₹7 Per Lot ₹75 per lot
Currency Futures Trading Brokerage 0.007% 0.02%
Currency Options Trading Brokerage ₹7 Per Lot ₹22 per lot
Commodity Futures Trading Brokerage 0.007%
Commodity Options Trading Brokerage ₹7 Per Lot
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TradeSmart Charges Vs Edelweiss

Minimum Brokerage Charges ₹15 per executed order 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Brokerage Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order Margin Funding: 0.08%/day, Research: ₹50 per month,
Call & Trade Charges ₹20 per executed order ₹20 per call
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TradeSmart Vs Edelweiss Transaction Charges

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

  TradeSmart Edelweiss
Equity Delivery 0.0035% NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday 0.0035% NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Futures 0.0024% NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options 0.0715% NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures 0.00165% NSE ₹115 per Cr (0.00115%) | BSE ₹115 per Cr (0.00115%)
Currency Options 0.06% ₹4000 per Cr (0.04%) (on premium)
Commodity 0.0039%
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TradeSmart Vs Edelweiss Leverage (Margin)

TradeSmart provides the margin of 30x trading margin for intraday trades whereas the Edelweiss margin for intraday cash is Up to 40x.

  TradeSmart Edelweiss
Equity Delivery 1x (no margin) Up to 10x
Equity Intraday 30x trading margin Up to 40x
Equity Futures MIS: 3X | BO: 7X | CO: 7X 40x
Equity Options MIS: 3X | BO: 7X | CO: 7X Nil
Currency Futures MIS: 3X | BO: 3X | CO: 3X 1.5x
Currency Options MIS: 3X | BO: NA | CO: NA Nil
Commodity Futures MIS: 2X | BO: 6X | CO: 6X Up to 6x
Commodity Options MIS: NA | BO: NA | CO: NA
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Compare TradeSmart and Edelweiss Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

  TradeSmart Edelweiss
3 in 1 Account No No
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 Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform NEST, NOW, Spin Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing 3:00 PM
Other Features
Referral Program Yes
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TradeSmart Vs Edelweiss Review

TradeSmart is rated 4.0 of 5 based on 64 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 52 customer reviews.

  TradeSmart Edelweiss
  64 Customer Reviews    Rate TradeSmart 52 Customer Reviews    Rate Edelweiss
Fees 3.8 3.2
Trading Brokerage 4.4 3.1
Trading Platform Usability 3.7 3.6
Customer Service 4.0 2.8
Research Capabilities 3.0 2.8
Overall Ratings Rated 4.0 stars Rated 3.0 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 64 customer reviews Edelweiss is rated 3.0 of 5 based on 52 customer reviews
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Contact Broker / Request A Call Back

  TradeSmart Enquire Edelweiss Enquire
Contact Broker

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

[Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

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TradeSmart Vs Edelweiss Investment Options

  TradeSmart Edelweiss
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
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TradeSmart Vs Edelweiss Order Type Offered

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

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

  TradeSmart Edelweiss
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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TradeSmart Vs Edelweiss - Pros and Cons

  TradeSmart Edelweiss
Pros
  • 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.
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat ₹10 per executed order across all segments in Edelweiss Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
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.
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of ₹20 per call.
Reviews Useful Articles:
Promo / Offers

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

Edelweiss Lite (Discount Brokerage Plan) + Free Trading & Demat Account (for limited time only)

Edelweiss offers FREE Trading + Demat Account. Get a discount trading plan offering trading @ ₹10 per order flat rate. Save over 60% on brokerage in comparison of other full-service brokers.

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

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