Trade Smart Online Vs Finvasia Share Broker Comparison
The side-by-side comparison of Trade Smart Online and Finvasia Securities Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between Trade Smart Online and Finvasia'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 Finvasia.
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
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| 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...  |
Finvasia is India based technology–driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset manageme... |
Type of Broker
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Discount Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE, MCX, NCDEX |
BSE, NSE, MCX |
| Account Type
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Power Plan (₹15/Order) |
Standard |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| Trading Account Opening Fees
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₹300 |
₹0 (Free) |
| Trading Account AMC
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₹0 |
₹0 (Free) |
| Demat Account Opening Fees
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₹500 |
₹0 (Free) |
| Demat Account AMC
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₹300 |
₹0 per year (Lifetime Zero AMC) |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| Account Type |
Power Plan (₹15/Order) |
Standard |
| Fixed Charges
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| Equity Delivery Brokerage
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₹15 |
₹0 |
| Equity Intraday Brokerage
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₹15 |
₹0 |
| Equity Futures Brokerage
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₹15 |
₹0 |
| Equity Options Brokerage
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₹15 |
₹0 |
| Currency Futures Trading Brokerage
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₹15 |
₹0 |
| Currency Options Trading Brokerage
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₹15 |
₹0 |
| Commodity Futures Trading Brokerage
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₹15 |
₹0 |
| Commodity Options Trading Brokerage
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₹15 |
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Brokerage Plan 2
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| Account Type |
Value Plan |
Standard |
| Fixed Charges
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NA |
| Equity Delivery Brokerage
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0.007% |
₹0 |
| Equity Intraday Brokerage
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0.007% |
₹0 |
| Equity Futures Brokerage
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0.007% |
₹0 |
| Equity Options Brokerage
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₹7 Per Lot |
₹0 |
| Currency Futures Trading Brokerage
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0.007% |
₹0 |
| Currency Options Trading Brokerage
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₹7 Per Lot |
₹0 |
| Commodity Futures Trading Brokerage
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0.007% |
₹0 |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹15 |
₹0 |
| Other Brokerage Charges
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Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order |
None |
| Call & Trade Charges
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₹20 per executed order |
₹0 |
Taxes
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| Equity Delivery
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0.0035% |
₹325/crore |
| Equity Intraday
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0.0035% |
₹325/crore |
| Equity Futures
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0.0024% |
₹190/crore |
| Equity Options
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0.0715% |
₹5000/crore of premium |
| Currency Futures
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0.00165% |
₹115/crore |
| Currency Options
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0.06% |
₹4000/crore of premium |
| Commodity
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0.0039% |
₹260/crore |
Exposure
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| Equity Delivery
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1x (no margin) |
1x |
| Equity Intraday
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30x trading margin |
up to 10x |
| Equity Futures
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7x trading margin |
2x |
| Equity Options
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7x trading margin |
1x |
| Currency Futures
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3x trading margin |
1x |
| Currency Options
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3x trading margin |
1x |
| Commodity
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6x trading margin |
2x |
Share Broker Features
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| 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 Available
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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
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NEST, NOW |
Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto |
| Intraday Square-off Time
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Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing |
3:15 PM |
| Other Features
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Asset management, Investment Banking, Advisory, and Currency hedging. |
Broker Ratings (Average User Rating)
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
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58 Customer Reviews  |
8 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews |
Finvasia is Rated 4.6 / 5 based on 8 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (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
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Customer Service Offered
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| 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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Research / Tips / Reports Published
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| 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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Suitable for Investor Category
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Trade Smart Online |
Finvasia Securities Pvt Ltd |
| Pros
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- 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... |
- Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
- Doesn't charge any trade clearing charges.
- A variety of trading platforms are available for the trader to choose from.
- Provides trading API and support Algo trading tools.
- Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
- Call & trade is available for free to all the customers.
- GTC orders are available in MCX.
More Advantages... |
| Cons
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- 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.
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More Disadvantages... |
- Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
- Doesn't offer a 3-in-1 account.
- Doesn't offer margin funding. The company is planning to launch this service in future.
- Leverage offered is on the lower side in comparison with other discount brokers.
- NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
- GTC orders are not available at NSE and BSE.
More Disadvantages... |
| Reviews
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Useful Articles:
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| Promo / Offers
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Enquire about Trade Smart Online
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Enquire about Finvasia
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| Compare More Brokers |
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Zero Account Opening Fee