TradeSmart Vs Edelweiss (Compare TradeSmart and Edelweiss)
The side-by-side comparison of TradeSmart and Edelweiss. Compare TradeSmart Vs Edelweiss brokerage, charges, exposure margin, demat account. Read Edelweiss and TradeSmart review.
Find out TradeSmart Vs Edelweiss which is better and TradeSmart Vs Edelweiss which is best.
Our VNS Finance & Capital Services Ltd comparison with Edelweiss Broking Ltd highlights the major differences between two brokers. Find the best between TradeSmart and Edelweiss.
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 of...
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
Discount Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX, NCDEX
Account Type
Power Plan (₹15/Order)
Discount Brokerage Plan
Broker Enquiry
Year of Incorporation
1994
2002
Number of Branches
1
237
TradeSmart Vs Edelweiss Charges
TradeSmart
Edelweiss
Trading Account Opening Fees
₹200
₹750
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹200
₹0
Demat Account AMC
₹300
Free (₹500 2nd year onward)
Demat Account is Mandatory?
No
No
TradeSmart Vs Edelweiss Brokerage
Brokerage Plan 1
TradeSmart
Edelweiss
Account Type
Power Plan (₹15/Order)
Discount Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
₹15 per executed order
0.01%
Equity Intraday Brokerage
₹15 per executed order
0.01%
Equity Futures Brokerage
₹15 per executed order
₹5 per lot
Equity Options Brokerage
₹15 per executed order
₹5 per lot
Currency Futures Trading Brokerage
₹15 per executed order
₹5 per lot
Currency Options Trading Brokerage
₹15 per executed order
₹5 per lot
Commodity Futures Trading Brokerage
₹15 per executed order
Commodity Options Trading Brokerage
₹15 per executed order
Brokerage Plan 2
TradeSmart
Edelweiss
Account Type
Value Plan
Prepaid Plan (₹12,000 for 12 months)
Fixed Charges
₹12,000 + ₹1,800 (Service tax)
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
₹90 per lot
Currency Futures Trading Brokerage
0.007%
0.04%
Currency Options Trading Brokerage
₹7 Per Lot
₹22 per lot
Commodity Futures Trading Brokerage
0.007%
Commodity Options Trading Brokerage
₹7 Per Lot
Brokerage Plan 3
TradeSmart
Edelweiss
Account Type
Power Plan (₹15/Order)
Prepaid Plan (₹1,12,000 for 12 months)
Fixed Charges
₹1,12,000 + ₹16,800 (Service tax)
Equity Delivery Brokerage
₹15 per executed order
0.10%
Equity Intraday Brokerage
₹15 per executed order
0.01%
Equity Futures Brokerage
₹15 per executed order
0.01%
Equity Options Brokerage
₹15 per executed order
₹25 per lot
Currency Futures Trading Brokerage
₹15 per executed order
0.01%
Currency Options Trading Brokerage
₹15 per executed order
₹6 per lot
Commodity Futures Trading Brokerage
₹15 per executed order
Commodity Options Trading Brokerage
₹15 per executed order
Other Charges
Minimum Brokerage Charges
₹15 per executed order
3 paisa per share in delivery, 1 paisa per share on Intraday and Futures
Other Brokerage Charges
Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order
Call & Trade Charges
₹20 per executed order
Free
TradeSmart Vs Edelweiss Taxes
TradeSmart
Edelweiss
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
TradeSmart Vs Edelweiss Transaction Charges
TradeSmart
Edelweiss
Equity Delivery
0.0035%
NSE ₹325 | BSE ₹275
Equity Intraday
0.0035%
NSE ₹325 | BSE ₹275
Equity Futures
0.0024%
NSE ₹190 | BSE ₹190
Equity Options
0.0715%
NSE ₹5000 | BSE ₹5000
Currency Futures
0.00165%
NSE ₹115 | BSE ₹115
Currency Options
0.06%
NSE ₹4000 | BSE ₹4000
Commodity
0.0039%
TradeSmart Vs Edelweiss Exposure Margin
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
TradeSmart and Edelweiss Feature Comparison
TradeSmart
Edelweiss
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
TradeSmart Vs Edelweiss Review
TradeSmart
Edelweiss
58 Customer Reviews
24 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
TradeSmart is Rated 4.1 / 5 based on 58 customer reviews
Edelweiss is Rated 2.3 / 5 based on 24 customer reviews
Contact Broker / Request A Call Back
TradeSmart Enquire
Edelweiss Enquire
Contact Broker
TradeSmart Vs Edelweiss Investment Options
TradeSmart
Edelweiss
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Note: IPO
TradeSmart Vs Edelweiss Customer Service
TradeSmart
Edelweiss
24/7 Customer Service
Onine Live Chat
Through Branches
TradeSmart Vs Edelweiss Order Type Offered
TradeSmart
Edelweiss
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
TradeSmart Vs Edelweiss Research Report
TradeSmart
Edelweiss
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
TradeSmart Vs Edelweiss Suitable For Investor Type
TradeSmart
Edelweiss
Casual Investor
Active Investor
Trader
TradeSmart Vs Edelweiss - Advantages and Disadvantages
TradeSmart
Edelweiss
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 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. 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.
Trade Smart Online is in the stock broking industry since 1994.
TSO's online knowledge base has lot of information which is helpful for most customers.
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.
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.
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.
Zerodha
Zero Account Opening Fee