TradeSmart Vs Tradeplus (Compare TradeSmart and Tradeplus)

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


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


Tradeplus
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 fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of ₹90 per year. Tradeplus also offer Online Mutual F... Know more about Tradeplus (Navia Markets Ltd)

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TradeSmart Vs Tradeplus

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

  TradeSmart Tradeplus
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type Power Plan (₹15/Order) Infinite Trading Plans
Year of Incorporation 1994
Number of Branches 1
Broker Enquiry Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Tradeplus. Leave your contact info and we will get in touch with you.
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TradeSmart Vs Tradeplus Charges & AMC

TradeSmart trading account opening charges is ₹200 while Tradeplus account opening changes is ₹199. TradeSmart Demat Account AMC Charges is ₹300 and Tradeplus Demat Account AMC Charges is ₹500 (5 years).

  TradeSmart Tradeplus
Trading Account Opening Charges ₹200 ₹199
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹200 ₹0
Demat Account AMC Charges ₹300 ₹500 (5 years)
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TradeSmart Vs Tradeplus Brokerage Charges & Plans

TradeSmart Vs Tradeplus Brokerage

TradeSmart brokerage charges for equity is ₹15 per executed order and intraday is ₹15 per executed order whereas Tradeplus brokerage charges for equity is ₹0 (Free) and intraday is 0.01%.

  TradeSmart Tradeplus
Account Type Power Plan (₹15/Order) Infinite Trading Plans
Fixed Charges As per segment
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
Special Offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer
Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

TradeSmart Vs Tradeplus 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
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TradeSmart Charges Vs Tradeplus

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 Flat ₹75 per day
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TradeSmart Vs Tradeplus Transaction Charges

TradeSmart transaction charges for options is 0.0715% while Tradeplus exchange transaction charges for options is ₹7500 per crore (0.075%)(on premium).

  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%)
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TradeSmart Vs Tradeplus Leverage (Margin)

TradeSmart provides the margin of 30x trading margin for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

  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
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Compare TradeSmart and Tradeplus Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. Tradeplus offers INFINI, NSE NOW trading software.

  TradeSmart Tradeplus
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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 Yes
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TradeSmart Vs Tradeplus Review

TradeSmart is rated 4.0 of 5 based on 65 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 31 customer reviews.

  TradeSmart Tradeplus
  65 Customer Reviews    Rate TradeSmart 31 Customer Reviews    Rate Tradeplus
Fees 3.8 3.5
Trading Brokerage 4.4 4.1
Trading Platform Usability 3.7 2.9
Customer Service 4.0 2.7
Research Capabilities 2.5 2.2
Overall Ratings Rated 4.0 stars Rated 3.1 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 65 customer reviews Tradeplus is rated 3.1 of 5 based on 31 customer reviews
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Contact Broker / Request A Call Back

  TradeSmart Enquire Tradeplus Enquire
Contact Broker

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

Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

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TradeSmart Vs Tradeplus Investment Options

  TradeSmart Tradeplus
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options
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TradeSmart Vs Tradeplus Order Type Offered

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

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

  TradeSmart Tradeplus
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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TradeSmart Vs Tradeplus - Pros and Cons

  TradeSmart Tradeplus
Pros
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of ₹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.
  1. Unlimited monthly trading plans available for frequent traders.
  2. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
  3. Low demat AMC or ₹90 per month.
  4. Analysis tools available for intraday trading.
Cons
  • Call and Trade is charged at extra ₹20 per executed order.
  • Physical contract notes ₹20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹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. Customer has to pay software charges.
  2. High call & trade charges. ₹1000 per month.
  3. Lower margin.
Reviews Useful Articles:
Promo / Offers

Limited Time Offer - Free Account Opening (₹400 waived)

Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat ₹15 per order.

Get this limited time offer

Free Equity Delivery Trade + Flat ₹9 intranet and F&O trade

Get free equity delivery trading (zero brokerage) and pay flat ₹9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.

Enquire TradeSmartEnquire Tradeplus

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