TradeSmart Vs Trustline (Compare TradeSmart and Trustline)

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


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


Trustline
Incorporated in 1989, Trustline Securities is a Noida based financial service provider. Trustline is a full-service broker for over 25 years. Trustline offers customised investment solutions to corporate, institutions and retail investors, through a wide network of offices across India. Trustline provides brokerage services through the online trading website and 400+ branch offices. Trustline research desk offers research based-on technical and fundamental analysis in equity, currency, and comm... Know more about Trustline Securities Ltd

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TradeSmart Vs Trustline

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

  TradeSmart Trustline
Type of Broker Discount Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type Power Plan (₹15/Order) Full-service Brokerage Plan
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 Trustline. Leave your contact info and we will get in touch with you.
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TradeSmart Vs Trustline Charges & AMC

TradeSmart trading account opening charges is ₹200 while Trustline account opening changes is ₹0 (Free). TradeSmart Demat Account AMC Charges is ₹300 and Trustline Demat Account AMC Charges is Regular Demat: ₹300, Lifetime free AMC Demat: ₹0.

  TradeSmart Trustline
Trading Account Opening Charges ₹200 ₹0 (Free)
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹200 Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC Charges ₹300 Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
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TradeSmart Vs Trustline Brokerage Charges & Plans

TradeSmart Vs Trustline Brokerage

TradeSmart brokerage charges for equity is ₹15 per executed order and intraday is ₹15 per executed order whereas Trustline brokerage charges for equity is 0.20% (20 paisa) and intraday is 0.02% (2 paisa).

  TradeSmart Trustline
Account Type Power Plan (₹15/Order) Full-service Brokerage Plan
Fixed Charges
Equity Delivery Brokerage ₹15 per executed order 0.20% (20 paisa)
Equity Intraday Brokerage ₹15 per executed order 0.02% (2 paisa)
Equity Futures Brokerage ₹15 per executed order 0.02% (2 paisa)
Equity Options Brokerage ₹15 per executed order ₹75 per lot
Currency Futures Trading Brokerage ₹15 per executed order 0.02% (2 paisa)
Currency Options Trading Brokerage ₹15 per executed order ₹7.5 per lot
Commodity Futures Trading Brokerage ₹15 per executed order Future: 0.02% (2 paisa) | Options: ₹50 per lot
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: Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

TradeSmart Vs Trustline Brokerage Plan 2

  TradeSmart Trustline
Account Type Value Plan Full-service Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.007% 0.20% (20 paisa)
Equity Intraday Brokerage 0.007% 0.02% (2 paisa)
Equity Futures Brokerage 0.007% 0.02% (2 paisa)
Equity Options Brokerage ₹7 Per Lot ₹75 per lot
Currency Futures Trading Brokerage 0.007% 0.02% (2 paisa)
Currency Options Trading Brokerage ₹7 Per Lot ₹7.5 per lot
Commodity Futures Trading Brokerage 0.007% Future: 0.02% (2 paisa) | Options: ₹50 per lot
Commodity Options Trading Brokerage ₹7 Per Lot
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TradeSmart Charges Vs Trustline

Minimum Brokerage Charges ₹15 per executed order ₹0 (No Minimum Brokerage)
Other Brokerage Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order Physical contact notes: ₹20
Call & Trade Charges ₹20 per executed order ₹0 (Free)
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TradeSmart Vs Trustline Transaction Charges

TradeSmart transaction charges for options is 0.0715% while Trustline exchange transaction charges for options is NSE ₹5000 per crore (0.05%).

  TradeSmart Trustline
Equity Delivery 0.0035% NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday 0.0035% NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures 0.0024% NSE ₹190 per crore (0.0019%)
Equity Options 0.0715% NSE ₹5000 per crore (0.05%)
Currency Futures 0.00165% NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options 0.06% NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity 0.0039% MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
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TradeSmart Vs Trustline Leverage (Margin)

TradeSmart provides the margin of 30x trading margin for intraday trades whereas the Trustline margin for intraday cash is Up to 20x.

  TradeSmart Trustline
Equity Delivery 1x (no margin) 1x (100% Margin Required)
Equity Intraday 30x trading margin Up to 20x
Equity Futures MIS: 3X | BO: 7X | CO: 7X NSE: 2x
Equity Options MIS: 3X | BO: 7X | CO: 7X NSE: 2x
Currency Futures MIS: 3X | BO: 3X | CO: 3X NSE: 2x
Currency Options MIS: 3X | BO: NA | CO: NA NSE: 2x
Commodity Futures MIS: 2X | BO: 6X | CO: 6X MCX Futures: 8x
Commodity Options MIS: NA | BO: NA | CO: NA
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Compare TradeSmart and Trustline Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. Trustline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

  TradeSmart Trustline
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 Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program Yes
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TradeSmart Vs Trustline Review

TradeSmart is rated 4.0 of 5 based on 64 customer reviews whereas Trustline is rated 4.0 of 5 based on 1 customer reviews.

  TradeSmart Trustline
  64 Customer Reviews    Rate TradeSmart 1 Customer Reviews    Rate Trustline
Fees 3.8 4.0
Trading Brokerage 4.4 3.0
Trading Platform Usability 3.7 4.0
Customer Service 4.0 4.0
Research Capabilities 3.0
Overall Ratings Rated 4.0 stars Rated 4.0 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 64 customer reviews Trustline is rated 4.0 of 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  TradeSmart Enquire Trustline Enquire
Contact Broker

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

Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

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TradeSmart Vs Trustline Investment Options

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

  TradeSmart Trustline
Bracket Order Yes
Cover Order Yes 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 Trustline Research Report

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

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

  TradeSmart Trustline
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.
  • Research based fundamental and technical analysis available to all the customers.
  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.
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.
  • Separate account needed for Mutual Funds investment.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API is now available.
  • No extra charge for intraday or expiry positions closed by the broker.
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

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.

This is a limited time offer. Simply leave your contact information with us and Trustline representatives will contact you.

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