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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.

  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 What is this parameter? Discount Broker Full Service Broker
Supported Exchnage What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Account Type What is this parameter? 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.
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Stock Broker Fees / Charges

  Trade Smart Online Edelweiss Broking Ltd
Trading Account Opening Fees What is this parameter? ₹300 ₹750
Trading Account AMC What is this parameter? ₹0 ₹0
Demat Account Opening Fees What is this parameter? ₹500 ₹0
Demat Account AMC What is this parameter? ₹300 ₹500
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

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

Brokerage Plan 2

  Trade Smart Online Edelweiss Broking Ltd
Account Type Value Plan Prepaid Plan (₹12,000 for 12 months)
Fixed Charges What is this parameter? ₹12,000 + ₹1,800 (Service tax)
Equity Delivery Brokerage What is this parameter? 0.007% 0.30%
Equity Intraday Brokerage What is this parameter? 0.007% 0.03%
Equity Futures Brokerage What is this parameter? 0.007% 0.03%
Equity Options Brokerage What is this parameter? ₹7 Per Lot ₹90 per lot
Currency Futures Trading Brokerage What is this parameter? 0.007% 0.04%
Currency Options Trading Brokerage What is this parameter? ₹7 Per Lot ₹22 per lot
Commodity Futures Trading Brokerage What is this parameter? 0.007%
Commodity Options Trading Brokerage What is this parameter?

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 What is this parameter? ₹1,12,000 + ₹16,800 (Service tax)
Equity Delivery Brokerage What is this parameter? ₹15 0.10%
Equity Intraday Brokerage What is this parameter? ₹15 0.01%
Equity Futures Brokerage What is this parameter? ₹15 0.01%
Equity Options Brokerage What is this parameter? ₹15 ₹25 per lot
Currency Futures Trading Brokerage What is this parameter? ₹15 0.01%
Currency Options Trading Brokerage What is this parameter? ₹15 ₹6 per lot
Commodity Futures Trading Brokerage What is this parameter? ₹15
Commodity Options Trading Brokerage What is this parameter? ₹15

Other Charges

Minimum Brokerage Charges What is this parameter? ₹15 3 paisa per share in delivery, 1 paisa per share on Intraday and Futures
Other Brokerage Charges What is this parameter? Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges What is this parameter? ₹20 per executed order Free
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Taxes

  Trade Smart Online Edelweiss Broking Ltd
Securities Transaction Tax (STT) What is this parameter?
  • 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 What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? 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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Transaction Charges

  Trade Smart Online Edelweiss Broking Ltd
Equity Delivery What is this parameter? 0.0035% NSE ₹325 | BSE ₹275
Equity Intraday What is this parameter? 0.0035% NSE ₹325 | BSE ₹275
Equity Futures What is this parameter? 0.0024% NSE ₹190 | BSE ₹190
Equity Options What is this parameter? 0.0715% NSE ₹5000 | BSE ₹5000
Currency Futures What is this parameter? 0.00165% NSE ₹115 | BSE ₹115
Currency Options What is this parameter? 0.06% NSE ₹4000 | BSE ₹4000
Commodity What is this parameter? 0.0039%
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Exposure

  Trade Smart Online Edelweiss Broking Ltd
Equity Delivery What is this parameter? 1x (no margin) Up to 10x
Equity Intraday What is this parameter? 30x trading margin Up to 40x
Equity Futures What is this parameter? 7x trading margin 40x
Equity Options What is this parameter? 7x trading margin Nil
Currency Futures What is this parameter? 3x trading margin 1.5x
Currency Options What is this parameter? 3x trading margin Nil
Commodity What is this parameter? 6x trading margin Up to 6x
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Share Broker Features

  Trade Smart Online Edelweiss Broking Ltd
3 in 1 Account What is this parameter? No No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? Yes No
SMS Alerts What is this parameter? No Yes
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? No Yes
Margin Trading Funding Available What is this parameter? No Yes
Margin Against Shares (Equity Cash) What is this parameter? Yes
Margin Against Shares (Equity F&O) What is this parameter? Yes
Trading Platform What is this parameter? NEST, NOW Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time What is this parameter? Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing 3:00 PM
Other Features What is this parameter?
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Broker Ratings (Average User Rating)

  Trade Smart Online Edelweiss Broking Ltd
  58 Customer Reviews    Rate Trade Smart Online 21 Customer Reviews    Rate Edelweiss
Fees Ratings 3.9 2.6
Trading Brokerage Rating 4.5 2.2
Trading Platform Usability 3.7 3.3
Customer Service Ratings 4.1 2.0
Overall Ratings Rated 4.1 stars Rated 2.4 stars
Broker Rating Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews Edelweiss is Rated 2.4 / 5 based on 21 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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Investment Options Available

  Trade Smart Online Edelweiss Broking Ltd
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? No Yes
Mutual Funds What is this parameter? Yes Yes
Bond / NCD What is this parameter? Yes Yes
Debt What is this parameter? No Yes
Other Investment Options What is this parameter? Note: IPO
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Customer Service Offered

  Trade Smart Online Edelweiss Broking Ltd
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? Yes No
Through Branches What is this parameter? No Yes
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Order Type

  Trade Smart Online Edelweiss Broking Ltd
Bracket Order What is this parameter? No
Cover Order What is this parameter? Yes
Buy Today Sell Tomorrow (BTST) What is this parameter? Yes
Sell Today Buy Tomorrow (STBT) What is this parameter? Yes
After Market Order(AMO) What is this parameter? Yes
Good Till Cancelled (GTC) What is this parameter? No
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Research / Tips / Reports Published

  Trade Smart Online Edelweiss Broking Ltd
Daily Market Report What is this parameter? No Yes
Free Tips What is this parameter? No Yes
Quarterly Result Analysis What is this parameter? No Yes
News Alerts What is this parameter? No Yes
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Suitable for Investor Category

  Trade Smart Online Edelweiss Broking Ltd
Casual Investor What is this parameter?
Active Investor What is this parameter? Yes Yes
Trader What is this parameter? Yes Yes

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Pros, Cons and Other Review Comments

  Trade Smart Online Edelweiss Broking Ltd
Pros What is this parameter?
  • 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 What is this parameter?
  • 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 What is this parameter? Useful Articles:
Promo / Offers What is this parameter?

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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