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Trade Smart Online Vs Edelweiss (Compare Trade Smart Online and Edelweiss)

The side-by-side comparison of Trade Smart Online and Edelweiss. Compare Trade Smart Online Vs Edelweiss brokerage, charges, exposure margin, demat account. Read Edelweiss and Trade Smart Online review.

Find out Trade Smart Online Vs Edelweiss which is better and Trade Smart Online Vs Edelweiss which is best.

Our Trade Smart Online comparison with Edelweiss Broking Ltd highlights the major differences between two brokers. Find the best between Trade Smart Online and Edelweiss.

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Trade Smart Online Vs Edelweiss

  Trade Smart Online Edelweiss Broking Ltd
 
Trade Smart Online Logo Edelweiss Broking Ltd Logo
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... Know more about Trade Smart Online 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... Know more about Edelweiss Broking Ltd
Type of Broker Discount Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Account Type Power Plan (₹15/Order) Discount Brokerage Plan
Broker Enquiry Open an Online Trading Account with Trade Smart Online. 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.
Year of Incorporation 1994 2002
Number of Branches 1 237
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Trade Smart Online Vs Edelweiss Charges

  Trade Smart Online Edelweiss Broking Ltd
Trading Account Opening Fees ₹200 ₹750
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹200 ₹0
Demat Account AMC ₹300 ₹500
Demat Account is Mandatory? No No
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Trade Smart Online Vs Edelweiss Brokerage

Brokerage Plan 1

  Trade Smart Online Edelweiss Broking Ltd
Account Type Power Plan (₹15/Order) Discount Brokerage Plan
Fixed Charges
Equity Delivery Brokerage ₹15 0.01%
Equity Intraday Brokerage ₹15 0.01%
Equity Futures Brokerage ₹15 ₹5 per lot
Equity Options Brokerage ₹15 ₹5 per lot
Currency Futures Trading Brokerage ₹15 ₹5 per lot
Currency Options Trading Brokerage ₹15 ₹5 per lot
Commodity Futures Trading Brokerage ₹15
Commodity Options Trading Brokerage ₹15

Brokerage Plan 2

  Trade Smart Online Edelweiss Broking Ltd
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

Brokerage Plan 3

  Trade Smart Online Edelweiss Broking Ltd
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 0.10%
Equity Intraday Brokerage ₹15 0.01%
Equity Futures Brokerage ₹15 0.01%
Equity Options Brokerage ₹15 ₹25 per lot
Currency Futures Trading Brokerage ₹15 0.01%
Currency Options Trading Brokerage ₹15 ₹6 per lot
Commodity Futures Trading Brokerage ₹15
Commodity Options Trading Brokerage ₹15

Other Charges

Minimum Brokerage Charges ₹15 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 Rs 20 per executed order
Call & Trade Charges ₹20 per executed order Free
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Trade Smart Online Vs Edelweiss Taxes

  Trade Smart Online Edelweiss Broking Ltd
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Trade Smart Online Vs Edelweiss Transaction Charges

  Trade Smart Online Edelweiss Broking Ltd
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%
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Trade Smart Online Vs Edelweiss Exposure Margin

  Trade Smart Online Edelweiss Broking Ltd
Equity Delivery 1x (no margin) Up to 10x
Equity Intraday 30x trading margin Up to 40x
Equity Futures 7x trading margin 40x
Equity Options 7x trading margin Nil
Currency Futures 3x trading margin 1.5x
Currency Options 3x trading margin Nil
Commodity Futures 6x trading margin Up to 6x
Commodity Options
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Trade Smart Online and Edelweiss Feature Comparison

  Trade Smart Online Edelweiss Broking Ltd
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
Margin Against Shares (Equity F&O) 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
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Trade Smart Online Vs Edelweiss Review

  Trade Smart Online Edelweiss Broking Ltd
  58 Customer Reviews    Rate Trade Smart Online 22 Customer Reviews    Rate Edelweiss
Fees Ratings 3.9 2.6
Trading Brokerage Rating 4.5 2.2
Trading Platform Usability 3.7 3.2
Customer Service Ratings 4.1 2.0
Overall Ratings Rated 4.1 stars Rated 2.3 stars
Broker Rating Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews Edelweiss is Rated 2.3 / 5 based on 22 customer reviews
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Contact Broker / Request A Call Back

  Trade Smart Online Edelweiss Broking Ltd
Contact / Request Call Back
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Trade Smart Online Vs Edelweiss Investment Options

  Trade Smart Online Edelweiss Broking Ltd
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 Note: IPO
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Trade Smart Online Vs Edelweiss Customer Service

  Trade Smart Online Edelweiss Broking Ltd
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches No Yes
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Trade Smart Online Vs Edelweiss Order Type Offered

  Trade Smart Online Edelweiss Broking Ltd
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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Trade Smart Online Vs Edelweiss Research Report

  Trade Smart Online Edelweiss Broking Ltd
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Trade Smart Online Vs Edelweiss Suitable For Investor Type

  Trade Smart Online Edelweiss Broking Ltd
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Trade Smart Online Vs Edelweiss - Advantages and Disadvantages

  Trade Smart Online Edelweiss Broking Ltd
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 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 knowledge base 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
  • 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.

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 Useful Articles:
Promo / Offers

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.

Enquire about Trade Smart Online Enquire about Edelweiss
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