TradeSmart Vs Tradeplus (Compare TradeSmart and Tradeplus)
The side-by-side comparison of TradeSmart and Tradeplus. Compare TradeSmart Vs Tradeplus brokerage, charges, exposure margin, demat account. Read Tradeplus and TradeSmart review.
Find out TradeSmart Vs Tradeplus which is better and TradeSmart Vs Tradeplus which is best.
Our VNS Finance & Capital Services Ltd comparison with Tradeplus (Navia Markets Ltd) highlights the major differences between two brokers. Find the best between TradeSmart and Tradeplus.
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 of...
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly ...
Type of Broker
Discount Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Power Plan (₹15/Order)
Infinite Trading Plans
Broker Enquiry
Year of Incorporation
1994
Number of Branches
1
TradeSmart Vs Tradeplus Charges
TradeSmart
Tradeplus
Trading Account Opening Fees
₹200
₹199
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹200
₹0
Demat Account AMC
₹300
₹500 (5 years)
Demat Account is Mandatory?
No
No
TradeSmart Vs Tradeplus Brokerage
Brokerage Plan 1
TradeSmart
Tradeplus
Account Type
Power Plan (₹15/Order)
Infinite Trading Plans
Fixed Charges
Equity Delivery Brokerage
₹15 per executed order
₹0 (Free)
Equity Intraday Brokerage
₹15 per executed order
0.01%
Equity Futures Brokerage
₹15 per executed order
₹799 per month (unlimited trading)
Equity Options Brokerage
₹15 per executed order
₹99 per month (unlimited trading)
Currency Futures Trading Brokerage
₹15 per executed order
₹99 per month (unlimited trading)
Currency Options Trading Brokerage
₹15 per executed order
₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage
₹15 per executed order
₹99 per month (unlimited trading)
Commodity Options Trading Brokerage
₹15 per executed order
Brokerage Plan 2
TradeSmart
Tradeplus
Account Type
Value Plan
General Brokerage Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.007%
₹0 (Free)
Equity Intraday Brokerage
0.007%
0.01%
Equity Futures Brokerage
0.007%
0.01%
Equity Options Brokerage
₹7 Per Lot
₹60 per lot
Currency Futures Trading Brokerage
0.007%
₹20 per lot
Currency Options Trading Brokerage
₹7 Per Lot
₹60 per lot
Commodity Futures Trading Brokerage
0.007%
0.01%
Commodity Options Trading Brokerage
₹7 Per Lot
Other Charges
Minimum Brokerage Charges
₹15 per executed order
Other Brokerage Charges
Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order
SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges
₹20 per executed order
₹1000 per month
TradeSmart Vs Tradeplus Taxes
TradeSmart
Tradeplus
Securities Transaction Tax (STT)
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
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
TradeSmart Vs Tradeplus Transaction Charges
TradeSmart
Tradeplus
Equity Delivery
0.0035%
₹330 per crore (0.0033%) (each side)
Equity Intraday
0.0035%
₹330 per crore (0.0033%) (sale side)
Equity Futures
0.0024%
₹350 per crore (0.0035%)
Equity Options
0.0715%
₹7500 per crore (0.075%)(on premium)
Currency Futures
0.00165%
₹165 per crore (0.00165%)
Currency Options
0.06%
₹6000 (on premium) per crore (0.06%)
Commodity
0.0039%
₹400 (0.004%)
TradeSmart Vs Tradeplus Exposure Margin
TradeSmart
Tradeplus
Equity Delivery
1x (no margin)
Upto 4X
Equity Intraday
30x trading margin
Upto 33X
Equity Futures
MIS: 3X | BO: 7X | CO: 7X
Intraday leverage 2X | Cover Order Margin 3%
Equity Options
MIS: 3X | BO: 7X | CO: 7X
Intraday Leverage of 2X
Currency Futures
MIS: 3X | BO: 3X | CO: 3X
Intraday Leverage of 2X
Currency Options
MIS: 3X | BO: NA | CO: NA
1X
Commodity Futures
MIS: 2X | BO: 6X | CO: 6X
Intraday Leverage of 2X
Commodity Options
MIS: NA | BO: NA | CO: NA
TradeSmart and Tradeplus Feature Comparison
TradeSmart
Tradeplus
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
NEST, NOW, Spin
INFINI, NSE NOW
Intraday Square-off Time
Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features
Referral Program
TradeSmart Vs Tradeplus Review
TradeSmart
Tradeplus
58 Customer Reviews
22 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
TradeSmart is Rated 4.1 / 5 based on 58 customer reviews
Tradeplus is Rated 3.2 / 5 based on 22 customer reviews
Contact Broker / Request A Call Back
TradeSmart Enquire
Tradeplus Enquire
Contact Broker
TradeSmart Vs Tradeplus Investment Options
TradeSmart
Tradeplus
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
TradeSmart Vs Tradeplus Customer Service
TradeSmart
Tradeplus
24/7 Customer Service
Onine Live Chat
Through Branches
TradeSmart Vs Tradeplus Order Type Offered
TradeSmart
Tradeplus
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
TradeSmart Vs Tradeplus Research Report
TradeSmart
Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
TradeSmart Vs Tradeplus Suitable For Investor Type
TradeSmart
Tradeplus
Casual Investor
Active Investor
Trader
TradeSmart Vs Tradeplus - Advantages and Disadvantages
TradeSmart
Tradeplus
Pros
EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of ₹1000.
Unlike most of the discount brokers; Trade Smart Online 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. 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.
Trade Smart Online is in the stock broking industry since 1994.
TSO's online knowledge base has lot of information which is helpful for most customers.
Zerodha
Zero Account Opening Fee