TradeSmart Vs SMC Global (Compare TradeSmart and SMC Global)


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


SMC Global
Incorporated in 1994, SMC Global Limited is a leading financial services company in India offering services across brokerage, investment banking and wealth management. SMC Global has a presense in India as well as internationally through offices in Dubai. They have huge network of 50+ branches and 2,400 registered sub-brokers and authorized persons with a PAN-India presence. SMC's Online Trading portal is one stop financial investment portal of SMC Global Ltd. They offers online trading... Know more about SMC Global Limited

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TradeSmart Vs SMC Global

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 1994, SMC Global is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX. It has 2450 branches across India.

  TradeSmart SMC Global
Type of Broker Discount Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX NSE, BSE, MCX, NCDEX
Year of Incorporation 1994 1994
Number of Branches 1 2450
Open an Online Trading Account with TradeSmart.Open an Online Trading Account with SMC Global.
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TradeSmart Vs SMC Global Charges & AMC

TradeSmart trading account opening charges is Rs 200 while SMC Global account opening changes is Nil. TradeSmart Demat Account AMC Charges is Rs 300 and SMC Global Demat Account AMC Charges is Rs 300.

  TradeSmart SMC Global
Trading Account Opening Charges Rs 200 Nil
Trading Account AMC Charges Rs 0 Nil
Demat Account Opening Charges Rs 200 Rs 499
Demat Account AMC Charges Rs 300 Rs 300
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TradeSmart Vs SMC Global Brokerage Charges & Plans

TradeSmart Vs SMC Global Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas SMC Global brokerage charges for equity is 0.3% and intraday is 0.03%.

  TradeSmart SMC Global
Account Type Power Plan
Fixed Charges NA
Equity Delivery Rs 15 per order 0.3%
Equity Intraday Rs 15 per order 0.03%
Equity Futures Rs 15 per order 0.03%
Equity Options Rs 15 per order Rs 70 per lot
Currency Futures Rs 15 per order 0.03%
Currency Options Rs 15 per order Rs 20 per lot
Commodity Futures Rs 15 per order 0.03%
Commodity Options Rs 15 per order 0.03%
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 SMC Global Brokerage Plan 2

  TradeSmart SMC Global
Account Type Value Plan
Fixed Charges
Equity Delivery 0.07% 0.3%
Equity Intraday 0.007% 0.03%
Equity Futures 0.007% 0.03%
Equity Options Rs 7 Per Lot Rs 70 per lot
Currency Futures 0.007% 0.03%
Currency Options Rs 7 Per Lot Rs 20 per lot
Commodity Futures 0.007% 0.03%
Commodity Options Rs 7 Per Lot 0.03%
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TradeSmart Charges Vs SMC Global

Minimum Brokerage Rs 15 per executed order Rs 25 per trade or 2.5% of the trade value whichever is lower
Other 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
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TradeSmart Vs SMC Global Transaction Charges

TradeSmart transaction charges for options is 0.0715% while SMC Global exchange transaction charges for options is 0.065% (on premium).

  TradeSmart SMC Global
Equity Delivery 0.0035% 0.0035%
Equity Intraday 0.0035% 0.0035%
Equity Futures 0.0024% 0.0029%
Equity Options 0.0715% 0.065% (on premium)
Currency Futures 0.00165% 0.0029%
Currency Options 0.06% 0.065% (on premium)
Commodity 0.0039% 0.0030%
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TradeSmart Vs SMC Global Leverage (Margin)

TradeSmart margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the SMC Global margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  TradeSmart SMC Global
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare TradeSmart and SMC Global Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. SMC Global offers SMC Privilege, Easy Trader, Mobitrader, Tab Trader trading software.

  TradeSmart SMC Global
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes
Online Portfolio No Yes
Margin Trading Funding No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform NEST, NOW, Spin SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features
Referral Program Yes
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TradeSmart Vs SMC Global Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas SMC Global is rated 4.1 of 5 based on 29 customer reviews.

  TradeSmart SMC Global
  67 Customer Reviews    Rate TradeSmart 29 Customer Reviews    Rate SMC Global
Fees 3.8 3.9
Brokerage 4.4 3.8
Trading Platform 3.8 4.0
Customer Service 4.0 4.1
Research Capabilities 2.7 4.3
Overall Ratings Rated 4.0 stars Rated 4.1 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 67 customer reviews SMC Global is rated 4.1 of 5 based on 29 customer reviews
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Contact Broker / Request A Call Back

  TradeSmart Enquire SMC Global 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 SMC Global Investment Options

  TradeSmart SMC Global
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options Insurance
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TradeSmart Vs SMC Global Order Type Offered

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

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

  TradeSmart SMC Global
Casual Investor
Active Investor Yes
Trader Yes
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TradeSmart Vs SMC Global - Pros and Cons

  TradeSmart SMC Global
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.
  1. They have 50+ branches for extensive reach.
  2. Call and trade facility is also available.
  3. Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders.
  4. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
  5. Trading is available in both BSE and NSE.
  6. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
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.
  1. Mobile trading on NSE is not available.
  2. They don't offer 3 in 1 account.
  3. There charge extra for their featured products.
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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