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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.

  Trade Smart Online Finvasia Securities Pvt Ltd
 
Trade Smart Online Logo Finvasia Securities Pvt 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 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... Know more about Finvasia Securities Pvt 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
Account Type What is this parameter? Power Plan (Rs 15/Order) Standard
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 Finvasia. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Trade Smart Online Finvasia Securities Pvt Ltd
Trading Account Opening Fees What is this parameter? Rs 300 ₹0 (Free)
Trading Account AMC What is this parameter? Rs 0 ₹0 (Free)
Demat Account Opening Fees What is this parameter? Rs 500 ₹0 (Free)
Demat Account AMC What is this parameter? Rs 300 ₹0 per year (₹1000 for corporate)
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Trade Smart Online Finvasia Securities Pvt Ltd
Account Type Power Plan (Rs 15/Order) Standard
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? Rs 15 ₹0
Equity Intraday Brokerage What is this parameter? Rs 15 ₹0
Equity Futures Brokerage What is this parameter? Rs 15 ₹0
Equity Options Brokerage What is this parameter? Rs 15 ₹0
Currency Futures Trading Brokerage What is this parameter? Rs 15 ₹0
Currency Options Trading Brokerage What is this parameter? Rs 15 ₹0
Commodity Futures Trading Brokerage What is this parameter? Rs 15 ₹0
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 2

  Trade Smart Online Finvasia Securities Pvt Ltd
Account Type Value Plan Standard
Fixed Charges What is this parameter? NA
Equity Delivery Brokerage What is this parameter? 0.007% ₹0
Equity Intraday Brokerage What is this parameter? 0.007% ₹0
Equity Futures Brokerage What is this parameter? 0.007% ₹0
Equity Options Brokerage What is this parameter? Rs 7 Per Lot ₹0
Currency Futures Trading Brokerage What is this parameter? 0.007% ₹0
Currency Options Trading Brokerage What is this parameter? Rs 7 Per Lot ₹0
Commodity Futures Trading Brokerage What is this parameter? 0.007% ₹0
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 3

  Trade Smart Online Finvasia Securities Pvt Ltd
Account Type Infinity Plan (Unlimited Trading) Standard
Fixed Charges What is this parameter? Rs 3999 NA
Equity Delivery Brokerage What is this parameter? Rs 0 ₹0
Equity Intraday Brokerage What is this parameter? Rs 0 ₹0
Equity Futures Brokerage What is this parameter? Rs 0 ₹0
Equity Options Brokerage What is this parameter? Rs 0 ₹0
Currency Futures Trading Brokerage What is this parameter? NA ₹0
Currency Options Trading Brokerage What is this parameter? NA ₹0
Commodity Futures Trading Brokerage What is this parameter? NA ₹0
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? Rs 15 ₹0
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 None
Call & Trade Charges What is this parameter? Rs 20 per executed order ₹0
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Taxes

  Trade Smart Online Finvasia Securities Pvt 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 Finvasia Securities Pvt Ltd
Equity Delivery What is this parameter? 0.0035% ₹325/crore
Equity Intraday What is this parameter? 0.0035% ₹325/crore
Equity Futures What is this parameter? 0.0024% ₹190/crore
Equity Options What is this parameter? 0.0715% ₹5000/crore of premium
Currency Futures What is this parameter? 0.00165% ₹115/crore
Currency Options What is this parameter? 0.06% ₹4000/crore of premium
Commodity What is this parameter? 0.0039% ₹260/crore
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Exposure

  Trade Smart Online Finvasia Securities Pvt Ltd
Equity Delivery What is this parameter? 4x trading margin though EquiMax funding* (with 0.05% delayed payment charges) 1x
Equity Intraday What is this parameter? 30x trading margin up to 10x
Equity Futures What is this parameter? 5x trading margin 2x
Equity Options What is this parameter? 5x trading margin 1x
Currency Futures What is this parameter? 3x trading margin 1x
Currency Options What is this parameter? 3x trading margin 1x
Commodity What is this parameter? 5x trading margin 2x
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Share Broker Features

  Trade Smart Online Finvasia Securities Pvt 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 Yes
SMS Alerts What is this parameter? No No
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 No
Margin Against Shares (Equity Cash) What is this parameter?
Margin Against Shares (Equity F&O) What is this parameter?
Trading Platform What is this parameter? NEST, NOW Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time What is this parameter? Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing 3:15 PM
Other Features What is this parameter? Asset management, Investment Banking, Advisory, and Currency hedging.
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Broker Ratings (Average User Rating)

  Trade Smart Online Finvasia Securities Pvt Ltd
  57 Customer Reviews    Rate Trade Smart Online 7 Customer Reviews    Rate Finvasia
Fees Ratings 3.9 4.4
Trading Brokerage Rating 4.5 5.0
Trading Platform Usability 3.8 2.9
Customer Service Ratings 4.1 4.7
Overall Ratings Rated 4.1 stars Rated 4.9 stars
Broker Rating Trade Smart Online is Rated 4.1 / 5 based on 57 customer reviews Finvasia is Rated 4.9 / 5 based on 7 customer reviews
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Contact Broker / Request A Call Back

  Trade Smart Online Finvasia Securities Pvt Ltd
Contact / Request Call Back
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Investment Options Available

  Trade Smart Online Finvasia Securities Pvt 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 No
Debt What is this parameter? No No
Other Investment Options What is this parameter?
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Customer Service Offered

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

  Trade Smart Online Finvasia Securities Pvt Ltd
Bracket Order What is this parameter?
Cover Order What is this parameter?
Buy Today Sell Tomorrow (BTST) What is this parameter?
Sell Today Buy Tomorrow (STBT) What is this parameter?
After Market Order(AMO) What is this parameter?
Good Till Cancelled (GTC) What is this parameter?
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Research / Tips / Reports Published

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

  Trade Smart Online Finvasia Securities Pvt 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 Finvasia Securities Pvt 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 Rs 1000.
  • Unlike most of the discount brokers; Trade Smart Online offers 3 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 knowledgebase 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 What is this parameter?
  • Call and Trade is charged at extra Rs 20 per executed order.
  • Physical contract notes Rs 20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 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 What is this parameter? Useful Articles:
Promo / Offers What is this parameter?
Enquire about Trade Smart Online Enquire about Finvasia
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