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TradeSmart Vs Finvasia (Compare TradeSmart and Finvasia)

VNS Finance & Capital Services Ltd Logo

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

Finvasia Securities Pvt Ltd Logo

About 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
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1994 2013
Number of Branches 1 1
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TradeSmart Vs Finvasia Charges & AMC

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

  TradeSmart Finvasia
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 200 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 0 per year (Lifetime Zero AMC)

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TradeSmart Vs Finvasia Brokerage

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

Account Type TradeSmart Power Plan Finvasia Standard
Fixed Charges NA NA
Equity Delivery Rs 15 per order Rs 0
Equity Intraday Rs 15 per order Rs 0
Equity Futures Rs 15 per order Rs 0
Equity Options Rs 15 per order Rs 0
Currency Futures Rs 15 per order Rs 0
Currency Options Rs 15 per order Rs 0
Commodity Futures Rs 15 per order Rs 0
Commodity Options Rs 15 per order Rs 0
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.

TradeSmart Vs Finvasia Brokerage Plan 2

  TradeSmart Finvasia
Account Type Value Plan Standard
Fixed Charges NA
Equity Delivery 0.07% Rs 0
Equity Intraday 0.007% Rs 0
Equity Futures 0.007% Rs 0
Equity Options Rs 7 Per Lot Rs 0
Currency Futures 0.007% Rs 0
Currency Options Rs 7 Per Lot Rs 0
Commodity Futures 0.007% Rs 0
Commodity Options Rs 7 Per Lot Rs 0
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TradeSmart Charges Vs Finvasia

Minimum Brokerage Rs 15 per executed order Rs 0
Other Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges Rs 20 per executed order Rs 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 Rs 5000 per Cr (0.05%) (on premium).

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

TradeSmart margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Finvasia margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  TradeSmart Finvasia
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)
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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 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 4.0 of 5 based on 67 customer reviews whereas Finvasia is rated 4.5 of 5 based on 48 customer reviews.

  TradeSmart Finvasia
  67 Customer Reviews    Rate TradeSmart 48 Customer Reviews    Rate Finvasia
Fees 3.8 4.8
Brokerage 4.4 4.9
Trading Platform 3.8 3.5
Customer Service 4.0 4.3
Research Capabilities 2.7 2.8
Overall Ratings Rated 4.0 stars Rated 4.5 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 67 customer reviews Finvasia is rated 4.5 of 5 based on 48 customer reviews

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Contact Broker / Request A Call Back

  TradeSmart Enquire Finvasia Enquire
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. Leave your contact information and we will get in touch with you....

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TradeSmart Vs Finvasia Investment Options

  TradeSmart Finvasia
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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 - Pros and Cons

  TradeSmart Finvasia
Pros
  • 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.
  • 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.
Cons
  • 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.
  • Scalpter, the web-based trading platform has only 1 min charting frame.
  • Bracket orders are chargeable.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.
  • Finvasia is an online stock broker. It doesn't have branch offices.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding.
  • Leverage offered is on the lower side in comparison with other discount brokers.
Reviews Useful Articles:
Promo / Offers

Flat Rs 15 per trade

  • Flat Rs 15 per trade across all segments +
  • Get Margin against your shares +
  • API for alog trading.

This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.

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