Trade Smart Online Vs Edelweiss Share Broker Comparison
The side-by-side comparison of Trade Smart Online and Edelweiss Broking Ltd stock brokers in India. The comparison below highlights the similarities and differences between Trade Smart Online and Edelweiss's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Trade Smart Online and Edelweiss.
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Trade Smart Online |
Edelweiss Broking Ltd |
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| 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...  |
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... |
Type of Broker
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Discount Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE, MCX, NCDEX |
BSE, NSE, MCX, NCDEX |
| Account Type
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Power Plan (Rs 15/Order) |
Discount Brokerage Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Trade Smart Online |
Edelweiss Broking Ltd |
| Trading Account Opening Fees
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Rs 300 |
₹750 |
| Trading Account AMC
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Rs 0 |
₹0 |
| Demat Account Opening Fees
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Rs 500 |
₹0 |
| Demat Account AMC
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Rs 300 |
₹500 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Trade Smart Online |
Edelweiss Broking Ltd |
| Account Type |
Power Plan (Rs 15/Order) |
Discount Brokerage Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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Rs 15 |
0.01% |
| Equity Intraday Brokerage
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Rs 15 |
0.01% |
| Equity Futures Brokerage
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Rs 15 |
₹5 per lot |
| Equity Options Brokerage
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Rs 15 |
₹5 per lot |
| Currency Futures Trading Brokerage
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Rs 15 |
₹5 per lot |
| Currency Options Trading Brokerage
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Rs 15 |
₹5 per lot |
| Commodity Futures Trading Brokerage
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Rs 15 |
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| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Trade Smart Online |
Edelweiss Broking Ltd |
| Account Type |
Value Plan |
Prepaid Plan (₹12,000 for 12 months) |
| Fixed Charges
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₹12,000 + ₹1,800 (Service tax) |
| Equity Delivery Brokerage
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0.007% |
0.30% |
| Equity Intraday Brokerage
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0.007% |
0.03% |
| Equity Futures Brokerage
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0.007% |
0.03% |
| Equity Options Brokerage
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Rs 7 Per Lot |
₹90 per lot |
| Currency Futures Trading Brokerage
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0.007% |
0.04% |
| Currency Options Trading Brokerage
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Rs 7 Per Lot |
₹22 per lot |
| Commodity Futures Trading Brokerage
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0.007% |
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| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Trade Smart Online |
Edelweiss Broking Ltd |
| Account Type |
Infinity Plan (Unlimited Trading) |
Prepaid Plan (₹1,12,000 for 12 months) |
| Fixed Charges
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Rs 3999 |
₹1,12,000 + ₹16,800 (Service tax) |
| Equity Delivery Brokerage
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Rs 0 |
0.10% |
| Equity Intraday Brokerage
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Rs 0 |
0.01% |
| Equity Futures Brokerage
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Rs 0 |
0.01% |
| Equity Options Brokerage
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Rs 0 |
₹25 per lot |
| Currency Futures Trading Brokerage
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NA |
0.01% |
| Currency Options Trading Brokerage
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NA |
₹6 per lot |
| Commodity Futures Trading Brokerage
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NA |
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| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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Rs 15 |
3 paisa per share in delivery, 1 paisa per share on Intraday and Futures |
| Other Brokerage Charges
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Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order |
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| Call & Trade Charges
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Rs 20 per executed order |
Free |
Taxes
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Trade Smart Online |
Edelweiss Broking Ltd |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Trade Smart Online |
Edelweiss Broking Ltd |
| Equity Delivery
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0.0035% |
NSE ₹325 | BSE ₹275 |
| Equity Intraday
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0.0035% |
NSE ₹325 | BSE ₹275 |
| Equity Futures
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0.0024% |
NSE ₹190 | BSE ₹190 |
| Equity Options
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0.0715% |
NSE ₹5000 | BSE ₹5000 |
| Currency Futures
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0.00165% |
NSE ₹115 | BSE ₹115 |
| Currency Options
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0.06% |
NSE ₹4000 | BSE ₹4000 |
| Commodity
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0.0039% |
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Exposure
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Trade Smart Online |
Edelweiss Broking Ltd |
| Equity Delivery
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4x trading margin though EquiMax funding* (with 0.05% delayed payment charges) |
Up to 10x |
| Equity Intraday
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30x trading margin |
Up to 40x |
| Equity Futures
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5x trading margin |
40x |
| Equity Options
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5x trading margin |
Nil |
| Currency Futures
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3x trading margin |
1.5x |
| Currency Options
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3x trading margin |
Nil |
| Commodity
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5x trading margin |
Up to 6x |
Share Broker Features
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Trade Smart Online |
Edelweiss Broking Ltd |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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NEST, NOW |
Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress |
| Intraday Square-off Time
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Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing |
3:00 PM |
| Other Features
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Broker Ratings (Average User Rating)
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Trade Smart Online |
Edelweiss Broking Ltd |
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57 Customer Reviews  |
20 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Trade Smart Online is Rated 4.1 / 5 based on 57 customer reviews |
Edelweiss is Rated 2.4 / 5 based on 20 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Trade Smart Online |
Edelweiss Broking Ltd |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Note: IPO |
Customer Service Offered
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Trade Smart Online |
Edelweiss Broking Ltd |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Trade Smart Online |
Edelweiss Broking Ltd |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Trade Smart Online |
Edelweiss Broking Ltd |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Trade Smart Online |
Edelweiss Broking Ltd |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Trade Smart Online |
Edelweiss Broking Ltd |
| Pros
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- EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of Rs 1000.
- Unlike most of the discount brokers; Trade Smart Online offers 3 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 knowledgebase has lot information which is helpful for most customers.
More Advantages... |
1. Full service broker offering discount brokerage plan.
2. Offer commodity trading on the same trading trading platform.
3. Free research and trading tips calls to all the customers.
More Advantages... |
| Cons
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- 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.
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More Disadvantages... |
1. IPO cannot be applied online.
2. Bracket order is not available.
3. Good Till cancelled orders are not available.
4. Higher brokerage in prepaid brokerage plans of Rs 12k and Rs 1.12L for 12 months. More Disadvantages... |
| Reviews
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Useful Articles:
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| Promo / Offers
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Edelweiss Discount Brokerage Plan + Free Trading & Demat Account (for limited time only)
Edelweiss offers FREE Trading + Demat Account (₹750 waived). Get a discount trading plan offering equity trading @ 0.01% and F&O @ Rs 5 per lot 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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Enquire about Trade Smart Online
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Enquire about Edelweiss
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| Compare More Brokers |
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Zero Account Opening Fee