Free Trading + Demat Account

TradeSmart Vs Trustline (Compare TradeSmart and Trustline)

The side-by-side comparison of TradeSmart and Trustline. Compare TradeSmart Vs Trustline brokerage, charges, exposure margin, demat account. Read Trustline and TradeSmart review.

Find out TradeSmart Vs Trustline which is better and TradeSmart Vs Trustline which is best.

Our VNS Finance & Capital Services Ltd comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between TradeSmart and Trustline.


TradeSmart Vs Trustline

  TradeSmart Trustline
Find more info about broker
VNS Finance & Capital Services Ltd Logo Trustline Securities Ltd Logo
About the Broker 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... Know more about VNS Finance & Capital Services Ltd 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 ... Know more about Trustline Securities Ltd
Type of Broker Discount Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Power Plan (₹15/Order) Full-service Brokerage Plan
Broker Enquiry Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994
Number of Branches 1

TradeSmart Vs Trustline Charges

  TradeSmart Trustline
Trading Account Opening Fees ₹200 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹200 Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC ₹300 Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Demat Account is Mandatory? No No

TradeSmart Vs Trustline Brokerage

Brokerage Plan 1

  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

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

Other Charges

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)

TradeSmart Vs Trustline Taxes

  TradeSmart Trustline
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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 Trustline Transaction Charges

  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%)

TradeSmart Vs Trustline Exposure Margin

  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

TradeSmart and Trustline Feature Comparison

  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)
Margin Against Shares (Equity F&O)
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

TradeSmart Vs Trustline Review

  TradeSmart Trustline
  58 Customer Reviews    Rate TradeSmart 1 Customer Reviews    Rate Trustline
Fees Ratings 3.9 4.0
Trading Brokerage Rating 4.5 3.0
Trading Platform Usability 3.7 4.0
Customer Service Ratings 4.1 4.0
Overall Ratings Rated 4.1 stars Rated 4.0 stars
Broker Rating TradeSmart is Rated 4.1 / 5 based on 58 customer reviews Trustline is Rated 4.0 / 5 based on 1 customer reviews

Contact Broker / Request A Call Back

  TradeSmart Enquire Trustline Enquire
Contact Broker

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

TradeSmart Vs Trustline Customer Service

  TradeSmart Trustline
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches No Yes

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

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

TradeSmart Vs Trustline Suitable For Investor Type

  TradeSmart Trustline
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

TradeSmart Vs Trustline - Advantages and Disadvantages

  TradeSmart Trustline
  • 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.

More Advantages...

  • 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.

More Advantages...

  • 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.

More Disadvantages...

  • 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.

More Disadvantages...

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.

Enquire TradeSmart
Compare More Brokers
TradeSmart Vs Zerodha
TradeSmart Vs ICICIDirect
TradeSmart Vs HDFC Securities
TradeSmart Vs Sharekhan
TradeSmart Vs AxisDirect
TradeSmart Vs Angel Broking
TradeSmart Vs Kotak Securities
TradeSmart Vs Motilal Oswal
TradeSmart Vs Karvy
TradeSmart Vs India Infoline (IIFL)
TradeSmart Vs SBI Securities
TradeSmart Vs Geojit
TradeSmart Vs Religare
TradeSmart Vs Edelweiss
TradeSmart Vs Reliance Securities
TradeSmart Vs SMC Global
TradeSmart Vs Nirmal Bang
TradeSmart Vs 5paisa
TradeSmart Vs Ventura
TradeSmart Vs Upstox
TradeSmart Vs Anand Rathi
TradeSmart Vs MyValueTrade
TradeSmart Vs Indiabulls
TradeSmart Vs Aditya Birla Money
TradeSmart Vs Bonanza
TradeSmart Vs SAMCO
TradeSmart Vs TradingBells
TradeSmart Vs IDBI Capital
TradeSmart Vs SAS Online
TradeSmart Vs iTradeOnline
TradeSmart Vs Tradeplus
TradeSmart Vs Tradejini
TradeSmart Vs Alice Blue
TradeSmart Vs Wisdom Capital
TradeSmart Vs Fyers
TradeSmart Vs Finvasia
TradeSmart Vs ProStocks
TradeSmart Vs RMoney
TradeSmart Vs Beeline
TradeSmart Vs Just Trade
TradeSmart Vs Achiievers
TradeSmart Vs Yes Securities
TradeSmart Vs RKSV
Trustline Vs Zerodha
Trustline Vs ICICIDirect
Trustline Vs HDFC Securities
Trustline Vs Sharekhan
Trustline Vs AxisDirect
Trustline Vs Angel Broking
Trustline Vs Kotak Securities
Trustline Vs Motilal Oswal
Trustline Vs Karvy
Trustline Vs India Infoline (IIFL)
Trustline Vs SBI Securities
Trustline Vs Geojit
Trustline Vs Religare
Trustline Vs Edelweiss
Trustline Vs Reliance Securities
Trustline Vs SMC Global
Trustline Vs Nirmal Bang
Trustline Vs 5paisa
Trustline Vs Ventura
Trustline Vs Upstox
Trustline Vs Anand Rathi
Trustline Vs MyValueTrade
Trustline Vs Indiabulls
Trustline Vs Aditya Birla Money
Trustline Vs Bonanza
Trustline Vs SAMCO
Trustline Vs TradingBells
Trustline Vs IDBI Capital
Trustline Vs SAS Online
Trustline Vs iTradeOnline
Trustline Vs Tradeplus
Trustline Vs Tradejini
Trustline Vs Alice Blue
Trustline Vs Wisdom Capital
Trustline Vs Fyers
Trustline Vs Finvasia
Trustline Vs ProStocks
Trustline Vs RMoney
Trustline Vs Beeline
Trustline Vs Just Trade
Trustline Vs Achiievers
Trustline Vs Yes Securities
Trustline Vs RKSV

Message Board

Stock Message Board

Search Mobile Apps:

Download Android App Downlaod iOS App