TradeSmart Vs Paytm Money (Compare TradeSmart and Paytm Money)

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


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


Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

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TradeSmart Vs Paytm Money

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  TradeSmart Paytm Money
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX NSE and BSE
Account Type Power Plan (?15/Order) Standard Plan
Year of Incorporation 1994 2017
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.
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TradeSmart Vs Paytm Money Charges & AMC

TradeSmart trading account opening charges is Rs 200 while Paytm Money account opening changes is Rs 200. TradeSmart Demat Account AMC Charges is Rs 300 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  TradeSmart Paytm Money
Trading Account Opening Charges Rs 200 Rs 200
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 200 Rs 0
Demat Account AMC Charges Rs 300 Rs 0 (Free)
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TradeSmart Vs Paytm Money Brokerage Charges & Plans

TradeSmart Vs Paytm Money Brokerage

TradeSmart brokerage charges for equity is Rs 15 per executed order and intraday is Rs 15 per executed order whereas Paytm Money brokerage charges for equity is Rs 0 (Free - Minimum Rs 0.01 per executed order) and intraday is R10 per executed order or 0.05% whichever is lower.

  TradeSmart Paytm Money
Account Type Power Plan (?15/Order) Standard Plan
Fixed Charges NA
Equity Delivery Brokerage Rs 15 per executed order Rs 0 (Free - Minimum Rs 0.01 per executed order)
Equity Intraday Brokerage Rs 15 per executed order R10 per executed order or 0.05% whichever is lower
Equity Futures Brokerage Rs 15 per executed order Rs 10 per executed order
Equity Options Brokerage Rs 15 per executed order Rs 10 per executed order
Currency Futures Trading Brokerage Rs 15 per executed order
Currency Options Trading Brokerage Rs 15 per executed order
Commodity Futures Trading Brokerage Rs 15 per executed order
Commodity Options Trading Brokerage Rs 15 per executed order
Special Offer
Special Offer: FREE Account Opening (Rs 400 waived) + Trade at flat Rs 15 per order. Get the offer
Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer

TradeSmart Vs Paytm Money Brokerage Plan 2

  TradeSmart Paytm Money
Account Type Value Plan Standard Plan
Fixed Charges NA
Equity Delivery Brokerage 0.007% Rs 0 (Free - Minimum Rs 0.01 per executed order)
Equity Intraday Brokerage 0.007% R10 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.007% Rs 10 per executed order
Equity Options Brokerage Rs 7 Per Lot Rs 10 per executed order
Currency Futures Trading Brokerage 0.007%
Currency Options Trading Brokerage Rs 7 Per Lot
Commodity Futures Trading Brokerage 0.007%
Commodity Options Trading Brokerage Rs 7 Per Lot

TradeSmart Charges Vs Paytm Money

Minimum Brokerage Charges Rs 15 per executed order Rs 0.01 per executed order on Equity Delivery trades
Other Brokerage Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 20 per executed order Rs 300
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TradeSmart Vs Paytm Money Transaction Charges

TradeSmart transaction charges for options is 0.0715% while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  TradeSmart Paytm Money
Equity Delivery 0.0035% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday 0.0035% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures 0.0024% Rs 190 per Cr (0.0019%)
Equity Options 0.0715% Rs 5,000 per Cr (0.05%)
Currency Futures 0.00165%
Currency Options 0.06%
Commodity 0.0039%
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TradeSmart Vs Paytm Money Leverage (Margin)

TradeSmart provides the margin of 30x trading margin for intraday trades whereas the Paytm Money margin for intraday cash is Up to 7.5x (based on the stock).

  TradeSmart Paytm Money
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday 30x trading margin Up to 7.5x (based on the stock)
Equity Futures MIS: 3X | BO: 7X | CO: 7X Intra-day: 3x | Carry forward: 1x (no margin)
Equity Options MIS: 3X | BO: 7X | CO: 7X Intra-day (Options Sell): 3x | Carry forward: 1x (no margin)
Currency Futures MIS: 3X | BO: 3X | CO: 3X
Currency Options MIS: 3X | BO: NA | CO: NA
Commodity Futures MIS: 2X | BO: 6X | CO: 6X
Commodity Options MIS: NA | BO: NA | CO: NA
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Compare TradeSmart and Paytm Money Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  TradeSmart Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
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 Paytm Money mobile app, Paytm Money website
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 Yes
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TradeSmart Vs Paytm Money Review

TradeSmart is rated 4.0 of 5 based on 65 customer reviews whereas Paytm Money is rated 3.5 of 5 based on 8 customer reviews.

  TradeSmart Paytm Money
  65 Customer Reviews    Rate TradeSmart 8 Customer Reviews    Rate Paytm Money
Fees 3.8 3.8
Trading Brokerage 4.4 3.9
Trading Platform Usability 3.7 3.6
Customer Service 4.0 2.5
Research Capabilities 2.5 3.0
Overall Ratings Rated 4.0 stars Rated 3.5 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 65 customer reviews Paytm Money is rated 3.5 of 5 based on 8 customer reviews
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Contact Broker / Request A Call Back

  TradeSmart Enquire Paytm Money Enquire
Contact Broker

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

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TradeSmart Vs Paytm Money Investment Options

  TradeSmart Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt No No
Other Investment Options NPS Retirement Fund, Digital Fund
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TradeSmart Vs Paytm Money Order Type Offered

  TradeSmart Paytm Money
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 Paytm Money Research Report

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

  TradeSmart Paytm Money
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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TradeSmart Vs Paytm Money - Pros and Cons

  TradeSmart Paytm Money
Pros
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of Rs 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.
  • Brokerage free equity delivery trading.
  • Low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
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.
  • Branch support not available.
  • GTC order type not available.
  • Charges for the usage of trading platforms.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews Useful Articles:

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 10 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

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 Trading

Get free equity delivery trading (no brokerage) and pay flat Rs 10 brokerage for Intraday and F&O trades. Rs 0 AMC for your demat account. To open an account with Paytm Money, simply Open Online Account or request a callback.

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