Chittorgarh.com Logo
Loading...

TradeSmart Vs Edelweiss (Compare TradeSmart and Edelweiss)


VNS Finance & Capital Services Ltd Logo

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 Broking Ltd Logo

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

Expand

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
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994 2002
Number of Branches 1 237
Open an Online Trading Account with TradeSmart.Open an Online Trading Account with Edelweiss.
Open TradeSmart AccountOpen Edelweiss Account
Expand

TradeSmart Vs Edelweiss Charges & AMC

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

  TradeSmart Edelweiss
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 200 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 500 (1st Year Free)
Expand

TradeSmart Vs Edelweiss Brokerage Charges & Plans

TradeSmart Vs Edelweiss Brokerage

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

  TradeSmart Edelweiss
Account Type Power Plan Edelweiss Lite
Fixed Charges NA NA
Equity Delivery Rs 15 per order Rs 10 per executed order
Equity Intraday Rs 15 per order Rs 10 per executed order
Equity Futures Rs 15 per order Rs 10 per executed order
Equity Options Rs 15 per order Rs 10 per executed order
Currency Futures Rs 15 per order Rs 10 per executed order
Currency Options Rs 15 per order Rs 10 per executed order
Commodity Futures Rs 15 per order
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.
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

TradeSmart Vs Edelweiss Brokerage Plan 2

  TradeSmart Edelweiss
Account Type Value Plan Edelweiss Elite
Fixed Charges
Equity Delivery 0.07% 0.30%
Equity Intraday 0.007% 0.03%
Equity Futures 0.007% 0.03%
Equity Options Rs 7 Per Lot Rs 75 per lot
Currency Futures 0.007% 0.02%
Currency Options Rs 7 Per Lot Rs 22 per lot
Commodity Futures 0.007%
Commodity Options Rs 7 Per Lot
Open TradeSmart AccountOpen Edelweiss Account

TradeSmart Charges Vs Edelweiss

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

TradeSmart Vs Edelweiss Transaction Charges

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

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

TradeSmart Vs Edelweiss Leverage (Margin)

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

  TradeSmart Edelweiss
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)
Open TradeSmart AccountOpen Edelweiss Account
Expand

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 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
Open TradeSmart AccountOpen Edelweiss Account
Expand

TradeSmart Vs Edelweiss Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 68 customer reviews.

  TradeSmart Edelweiss
  67 Customer Reviews    Rate TradeSmart 68 Customer Reviews    Rate Edelweiss
Fees 3.8 3.1
Brokerage 4.4 3.1
Trading Platform 3.8 3.5
Customer Service 4.0 2.7
Research Capabilities 2.7 2.8
Overall Ratings Rated 4.0 stars Rated 3.0 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 67 customer reviews Edelweiss is rated 3.0 of 5 based on 68 customer reviews
Expand

Contact Broker / Request A Call Back

  TradeSmart Enquire Edelweiss 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. Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.
Expand

TradeSmart Vs Edelweiss Investment Options

  TradeSmart Edelweiss
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
Expand

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
Open TradeSmart AccountOpen Edelweiss Account
Expand

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
Expand

TradeSmart Vs Edelweiss Suitable For Investor Type

  TradeSmart Edelweiss
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
Expand

TradeSmart Vs Edelweiss - Pros and Cons

  TradeSmart Edelweiss
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. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 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 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. 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 Rs 20 per call.
Reviews Useful Articles:
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.

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.

Open TradeSmart AccountOpen Edelweiss Account

Compare More Brokers...

TradeSmart Edelweiss
Compare More Brokers: