TradeSmart Vs Tradeplus (Compare TradeSmart and Tradeplus)

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 1995, 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
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	1994	1995
Number of Branches	1
	Open TradeSmart Account	Open Tradeplus Account

TradeSmart Vs Tradeplus Charges & AMC

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

	TradeSmart	Tradeplus
Trading Account Opening Charges	Rs 200	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 200	Rs 0
Demat Account AMC Charges	Rs 300	Rs 0

TradeSmart Vs Tradeplus Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

Account Type	TradeSmart Power Plan	Tradeplus Flat Zero brokerage Scheme
Fixed Charges	NA	As per segment
Equity Delivery	Rs 15 per order	Rs 0 (Free)
Equity Intraday	Rs 15 per order	NA
Equity Futures	Rs 15 per order	Rs 799 per month (unlimited trading)
Equity Options	Rs 15 per order	Rs 99 per month (unlimited trading)
Currency Futures	Rs 15 per order	Rs 99 per month (unlimited trading)
Currency Options	Rs 15 per order	Rs 99 per month (unlimited trading)
Commodity Futures	Rs 15 per order	Rs 99 per month (unlimited trading)
Commodity Options	Rs 15 per order	Rs 99 per month (unlimited trading)
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.	Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

TradeSmart Vs Tradeplus Brokerage Plan 2

	TradeSmart	Tradeplus
Account Type	Value Plan	Flexi Brokerage Plan
Fixed Charges		NA
Equity Delivery	0.07%	Rs 0 (Free)
Equity Intraday	0.007%	Lower of - Rs 9 per trade or 0.01%
Equity Futures	0.007%	Rs 9 per executed order
Equity Options	Rs 7 Per Lot	Rs 9 per executed order
Currency Futures	0.007%	Rs 9 per executed order
Currency Options	Rs 7 Per Lot	Rs 9 per executed order
Commodity Futures	0.007%	Rs 9 per executed order
Commodity Options	Rs 7 Per Lot	Rs 9 per executed order
	Open TradeSmart Account	Open Tradeplus Account

TradeSmart Charges Vs Tradeplus

Minimum Brokerage	Rs 15 per executed order
Other Charges	Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order	SMS Charges: Rs 100 per segment.
Call & Trade Charges	Rs 20 per executed order	Flat Rs 75 per day

TradeSmart Vs Tradeplus Transaction Charges

TradeSmart transaction charges for options is 0.0715% while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

	TradeSmart	Tradeplus
Equity Delivery	0.0035%	Rs 345 per crore (0.00345%) (each side)
Equity Intraday	0.0035%	Rs 345 per crore (0.00345%) (sale side)
Equity Futures	0.0024%	Rs 360 per crore (0.0036%)
Equity Options	0.0715%	Rs 7800 per crore (0.078%)(on premium)
Currency Futures	0.00165%	Rs 140 per crore (0.0014%)
Currency Options	0.06%	Rs 6000 (on premium) per crore (0.06%)
Commodity	0.0039%	Rs 500 (0.005%)
	Open TradeSmart Account	Open Tradeplus Account

TradeSmart Vs Tradeplus Leverage (Margin)

TradeSmart margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradeplus margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	TradeSmart	Tradeplus
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open TradeSmart Account	Open Tradeplus Account

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open TradeSmart Account	Open Tradeplus Account

TradeSmart Vs Tradeplus Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.

	TradeSmart	Tradeplus
	67 Customer Reviews	37 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	TradeSmart is rated 4.0 of 5 based on 67 customer reviews	Tradeplus is rated 2.9 of 5 based on 37 customer reviews

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TradeSmart Vs Tradeplus Investment Options

	TradeSmart	Tradeplus
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

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)
	Open TradeSmart Account	Open Tradeplus Account

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 - Pros and Cons

	TradeSmart	Tradeplus
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.	Unlimited monthly trading plans available for frequent traders. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment. Low demat AMC or Rs 90 per month. Analysis tools available for intraday trading.
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.	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews	Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
Promo / Offers	TradeSmart Special Offer 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.	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews
	Open TradeSmart Account	Open Tradeplus Account