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TradeSmart Vs Finvasia (Compare TradeSmart and Finvasia)

The side-by-side comparison of TradeSmart and Finvasia. Compare TradeSmart Vs Finvasia brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best TradeSmart vs Finvasia?


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... Know more about VNS Finance & Capital Services Ltd


Finvasia
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 management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt Ltd

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TradeSmart Vs Finvasia

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  TradeSmart Finvasia
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type Power Plan (₹15/Order) Standard
Year of Incorporation 1994 2013
Number of Branches 1 1
Broker Enquiry Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
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TradeSmart Vs Finvasia Charges & AMC

TradeSmart trading account opening charges is ₹200 while Finvasia account opening changes is ₹0 (Free). TradeSmart Demat Account AMC Charges is ₹300 and Finvasia Demat Account AMC Charges is ₹0 per year (Lifetime Zero AMC).

  TradeSmart Finvasia
Trading Account Opening Charges ₹200 ₹0 (Free)
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹200 ₹0 (Free)
Demat Account AMC Charges ₹300 ₹0 per year (Lifetime Zero AMC)
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TradeSmart Vs Finvasia Brokerage Charges & Plans

TradeSmart Vs Finvasia Brokerage

TradeSmart brokerage charges for equity is ₹15 per executed order and intraday is ₹15 per executed order whereas Finvasia brokerage charges for equity is ₹0 and intraday is ₹0.

  TradeSmart Finvasia
Account Type Power Plan (₹15/Order) Standard
Fixed Charges
Equity Delivery Brokerage ₹15 per executed order ₹0
Equity Intraday Brokerage ₹15 per executed order ₹0
Equity Futures Brokerage ₹15 per executed order ₹0
Equity Options Brokerage ₹15 per executed order ₹0
Currency Futures Trading Brokerage ₹15 per executed order ₹0
Currency Options Trading Brokerage ₹15 per executed order ₹0
Commodity Futures Trading Brokerage ₹15 per executed order ₹0
Commodity Options Trading Brokerage ₹15 per executed order ₹0
Special Offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

TradeSmart Vs Finvasia Brokerage Plan 2

  TradeSmart Finvasia
Account Type Value Plan Standard
Fixed Charges NA
Equity Delivery Brokerage 0.007% ₹0
Equity Intraday Brokerage 0.007% ₹0
Equity Futures Brokerage 0.007% ₹0
Equity Options Brokerage ₹7 Per Lot ₹0
Currency Futures Trading Brokerage 0.007% ₹0
Currency Options Trading Brokerage ₹7 Per Lot ₹0
Commodity Futures Trading Brokerage 0.007% ₹0
Commodity Options Trading Brokerage ₹7 Per Lot ₹0
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TradeSmart Charges Vs Finvasia

Minimum Brokerage Charges ₹15 per executed order ₹0
Other Brokerage Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order Bracket Orders in NEST: ₹99 per month
Call & Trade Charges ₹20 per executed order ₹0
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TradeSmart Vs Finvasia Transaction Charges

TradeSmart transaction charges for options is 0.0715% while Finvasia exchange transaction charges for options is ₹5000 per Cr (0.05%) (on premium).

  TradeSmart Finvasia
Equity Delivery 0.0035% NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday 0.0035% NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Futures 0.0024% NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options 0.0715% ₹5000 per Cr (0.05%) (on premium)
Currency Futures 0.00165% ₹115 per Cr (0.00115%)
Currency Options 0.06% ₹4000 per Cr (0.04%) (on premium)
Commodity 0.0039% ₹260 per Cr (0.0026%)
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TradeSmart Vs Finvasia Leverage (Margin)

TradeSmart provides the margin of 30x trading margin for intraday trades whereas the Finvasia margin for intraday cash is up to 10x.

  TradeSmart Finvasia
Equity Delivery 1x (no margin) 1x
Equity Intraday 30x trading margin up to 10x
Equity Futures MIS: 3X | BO: 7X | CO: 7X 2x
Equity Options MIS: 3X | BO: 7X | CO: 7X 1x
Currency Futures MIS: 3X | BO: 3X | CO: 3X 1x
Currency Options MIS: 3X | BO: NA | CO: NA 1x
Commodity Futures MIS: 2X | BO: 6X | CO: 6X 2x
Commodity Options MIS: NA | BO: NA | CO: NA 1x
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Compare TradeSmart and Finvasia Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

  TradeSmart Finvasia
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform NEST, NOW, Spin Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing 3:15 PM
Other Features Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program Yes
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TradeSmart Vs Finvasia Review

TradeSmart is rated 4.1 of 5 based on 61 customer reviews whereas Finvasia is rated 4.6 of 5 based on 17 customer reviews.

  TradeSmart Finvasia
  61 Customer Reviews    Rate TradeSmart 17 Customer Reviews    Rate Finvasia
Fees 3.8 4.5
Trading Brokerage 4.4 4.8
Trading Platform Usability 3.8 3.1
Customer Service 4.0 4.6
Research Capabilities 2.8
Overall Ratings Rated 4.1 stars Rated 4.6 stars
Broker Rating TradeSmart is rated 4.1 of 5 based on 61 customer reviews Finvasia is rated 4.6 of 5 based on 17 customer reviews
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Contact Broker / Request A Call Back

  TradeSmart Enquire Finvasia Enquire
Contact Broker

FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

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TradeSmart Vs Finvasia Investment Options

  TradeSmart Finvasia
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt No No
Other Investment Options
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TradeSmart Vs Finvasia Order Type Offered

  TradeSmart Finvasia
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
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TradeSmart Vs Finvasia Research Report

  TradeSmart Finvasia
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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TradeSmart Vs Finvasia Suitable For Investor Type

  TradeSmart Finvasia
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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TradeSmart Vs Finvasia - Advantages and Disadvantages

  TradeSmart Finvasia
Pros
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of ₹1000.
  • Unlike most of the discount brokers; TradeSmart 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. The 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.
  • TradeSmart is in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of 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
  • 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...

  • 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 Useful Articles:
Promo / Offers

Limited Time Offer - Free Account Opening (₹400 waived)

Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat ₹15 per order.

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