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About 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...
About Nuvama (Edelweiss)
Incorporated in 2008, Nuvama Wealth & Investment Limited (formerly Edelweiss Broking Ltd.) is a Mumbai, India-based full-service stockbroking firm.
The Retail Broking business of Nuvama offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities, and Futures & Options.
Nuvama offers investment advice backed by research and analysis to its customers across asset classes, trading styles and time horizons. Nuvama has the best...
Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2002, Nuvama (Edelweiss) is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.
TradeSmart | Nuvama (Edelweiss) | |
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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 TradeSmart Account | Open Nuvama (Edelweiss) Account |
TradeSmart trading account opening charges is Rs 200 while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).
TradeSmart | Nuvama (Edelweiss) | |
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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) |
TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.
Account Type | TradeSmart Power Plan | Nuvama (Edelweiss) Nuvama Lite |
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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 | Nuvama (Edelweiss) | |
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Account Type | Value Plan | Nuvama 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 20 per lot |
Commodity Futures | 0.007% | |
Commodity Options | Rs 7 Per Lot | |
Open TradeSmart Account | Open Nuvama (Edelweiss) Account |
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 |
TradeSmart transaction charges for options is 0.0715% while Nuvama (Edelweiss) exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium).
TradeSmart | Nuvama (Edelweiss) | |
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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 Account | Open Nuvama (Edelweiss) Account |
TradeSmart margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Nuvama (Edelweiss) margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
TradeSmart | Nuvama (Edelweiss) | |
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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 Account | Open Nuvama (Edelweiss) Account |
The trading platforms offered TradeSmart include NEST, NOW, Spin. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.
TradeSmart | Nuvama (Edelweiss) | |
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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 | ![]() |
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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 | NEST, NOW, Spin | Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress |
Intraday Square-off Time | Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing | 3:00 PM |
Trading In SME Shares Allowed? | ||
Referral Program | ![]() |
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Other Features | ||
Open TradeSmart Account | Open Nuvama (Edelweiss) Account |
TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas Nuvama (Edelweiss) is rated 2.9 of 5 based on 74 customer reviews.
TradeSmart Enquire | Nuvama (Edelweiss) Enquire | |
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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. |
TradeSmart | Nuvama (Edelweiss) | |
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Stock / Equity | ![]() |
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Commodity | ![]() |
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Currency | ![]() |
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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 |
TradeSmart | Nuvama (Edelweiss) | |
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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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Open TradeSmart Account | Open Nuvama (Edelweiss) Account |
TradeSmart | Nuvama (Edelweiss) | |
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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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TradeSmart | Nuvama (Edelweiss) | |
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Casual Investor | ||
Active Investor | ![]() |
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Trader | ![]() |
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TradeSmart | Nuvama (Edelweiss) | |
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Reviews | Useful Articles:
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Promo / Offers | TradeSmart Special OfferFlat Rs 15 per trade
This is a limited-time offer. Open Instant TradeSmart Account online and start trading today. |
Nuvama (Edelweiss) Special OfferTrade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)
It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes. |
Open TradeSmart Account | Open Nuvama (Edelweiss) Account |
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FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
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