The side-by-side comparison of TradeSmart and Indira Securities. Compare TradeSmart Vs Indira Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best TradeSmart vs Indira Securities?
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...
Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL.
The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers.
Indira Securities offers both traditional and discount brokerage plans. In the ...
Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.
TradeSmart | Indira Securities | |
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Type of Broker | Discount Broker | Full Service Broker |
Supported Exchnages | BSE, NSE, MCX | BSE, NSE, MCX and NCDEX |
Account Type | Power Plan (?15/Order) | Traditional Plan |
Year of Incorporation | 1994 | 1987 |
Number of Branches | 1 | 335 |
Broker Enquiry |
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TradeSmart trading account opening charges is Rs 200 while Indira Securities account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).
TradeSmart | Indira Securities | |
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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 450 (Free for 1st year) |
TradeSmart brokerage charges for equity is Rs 15 per executed order and intraday is Rs 15 per executed order whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.
TradeSmart | Indira Securities | |
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Account Type | Power Plan (?15/Order) | Traditional Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 15 per executed order | 0.10% |
Equity Intraday Brokerage | Rs 15 per executed order | 0.01% |
Equity Futures Brokerage | Rs 15 per executed order | 0.01% |
Equity Options Brokerage | Rs 15 per executed order | Rs 25 per lot (both side) |
Currency Futures Trading Brokerage | Rs 15 per executed order | 0.01% |
Currency Options Trading Brokerage | Rs 15 per executed order | Rs 25 per lot (both side) |
Commodity Futures Trading Brokerage | Rs 15 per executed order | 0.01% |
Commodity Options Trading Brokerage | Rs 15 per executed order | Rs 25 per lot (both side) |
Special Offer | Special Offer: FREE Account Opening (Rs 400 waived) + Trade at flat Rs 15 per order. Get the offer |
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
TradeSmart | Indira Securities | |
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Account Type | Value Plan | Discount Brokerage Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.007% | Rs 20 per executed order |
Equity Intraday Brokerage | 0.007% | Rs 20 per executed order |
Equity Futures Brokerage | 0.007% | Rs 20 per executed order |
Equity Options Brokerage | Rs 7 Per Lot | Rs 20 per executed order |
Currency Futures Trading Brokerage | 0.007% | Rs 20 per executed order |
Currency Options Trading Brokerage | Rs 7 Per Lot | Rs 20 per executed order |
Commodity Futures Trading Brokerage | 0.007% | Rs 20 per executed order |
Commodity Options Trading Brokerage | Rs 7 Per Lot | Rs 20 per executed order |
Enquire TradeSmart | Enquire Indira Securities |
Minimum Brokerage Charges | Rs 15 per executed order | Rs 20 per executed order |
Other Brokerage Charges | Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order | |
Call & Trade Charges | Rs 20 per executed order | Rs 0 (Free) |
TradeSmart transaction charges for options is 0.0715% while Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).
TradeSmart | Indira Securities | |
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Equity Delivery | 0.0035% | NSE Rs 325 per Cr (0.00325%) |
Equity Intraday | 0.0035% | NSE Rs 325 per Cr (0.00325%) |
Equity Futures | 0.0024% | NSE Rs 190 per Cr (0.0019%) |
Equity Options | 0.0715% | NSE Rs 5000 per Cr (0.05%) (on premium) |
Currency Futures | 0.00165% | NSE Rs 120 per Cr (0.0012%) |
Currency Options | 0.06% | NSE Rs 500 per Cr (0.005%) (on premium) |
Commodity | 0.0039% | Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%) |
Enquire TradeSmart | Enquire Indira Securities |
TradeSmart provides the margin of 30x trading margin for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).
TradeSmart | Indira Securities | |
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Equity Delivery | 1x (no margin) | 1x (no margin) |
Equity Intraday | 30x trading margin | Up to 10x (based on the stock) |
Equity Futures | MIS: 3X | BO: 7X | CO: 7X | Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) |
Equity Options | MIS: 3X | BO: 7X | CO: 7X | 1x (no margin) |
Currency Futures | MIS: 3X | BO: 3X | CO: 3X | Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) |
Currency Options | MIS: 3X | BO: NA | CO: NA | 1x (no margin) |
Commodity Futures | MIS: 2X | BO: 6X | CO: 6X | Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) |
Commodity Options | MIS: NA | BO: NA | CO: NA | 1x (no margin) |
Enquire TradeSmart | Enquire Indira Securities |
The trading platforms offered TradeSmart include NEST, NOW, Spin. Indira Securities offers ODIN trading software.
TradeSmart | Indira Securities | |
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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 | NEST, NOW, Spin | ODIN |
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 | ||
Referral Program | ![]() |
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Enquire TradeSmart | Enquire Indira Securities |
TradeSmart is rated 4.0 of 5 based on 65 customer reviews whereas Indira Securities is rated 4.5 of 5 based on 2 customer reviews.
TradeSmart | Indira Securities | |
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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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Enquire TradeSmart | Enquire Indira Securities |
TradeSmart | Indira Securities | |
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Reviews | Useful Articles:
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Promo / Offers | Limited Time Offer - Free Account Opening (Rs 400 waived)Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat Rs 15 per order. Get this limited time offer |
Free Equity Delivery TradingGet FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. |
Enquire TradeSmart | Enquire Indira Securities |
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