TradeSmart Vs Trustline (Compare TradeSmart and 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
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Account Type Power Plan Full-service Brokerage Plan
Year of Incorporation 1994
Number of Branches 1
Open an Online Trading Account with TradeSmart.Open an Online Trading Account with Trustline.
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TradeSmart Vs Trustline Charges & AMC

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

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

TradeSmart Vs Trustline Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per 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 Full-service Brokerage Plan
Fixed Charges NA
Equity Delivery Rs 15 per order 0.20% (20 paisa)
Equity Intraday Rs 15 per order 0.02% (2 paisa)
Equity Futures Rs 15 per order 0.02% (2 paisa)
Equity Options Rs 15 per order Rs 75 per lot
Currency Futures Rs 15 per order 0.02% (2 paisa)
Currency Options Rs 15 per order Rs 7.5 per lot
Commodity Futures Rs 15 per order Future: 0.02% (2 paisa) | Options: Rs 50 per lot
Commodity Options Rs 15 per order
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.
Special Offer: Get 50% discount (Rs 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 0.07% 0.20% (20 paisa)
Equity Intraday 0.007% 0.02% (2 paisa)
Equity Futures 0.007% 0.02% (2 paisa)
Equity Options Rs 7 Per Lot Rs 75 per lot
Currency Futures 0.007% 0.02% (2 paisa)
Currency Options Rs 7 Per Lot Rs 7.5 per lot
Commodity Futures 0.007% Future: 0.02% (2 paisa) | Options: Rs 50 per lot
Commodity Options Rs 7 Per Lot
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TradeSmart Charges Vs Trustline

Minimum Brokerage Rs 15 per executed order Rs 0 (No Minimum Brokerage)
Other Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order Physical contact notes: Rs 20
Call & Trade Charges Rs 20 per executed order Rs 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 Rs 5000 per crore (0.05%).

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

TradeSmart provides the margin of upto 10x 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 upto 10x Up to 20x
Equity Futures 2X NSE: 2x
Equity Options 2x NSE: 2x
Currency Futures 2x NSE: 2x
Currency Options 2x NSE: 2x
Commodity Futures 2x MCX Futures: 8x
Commodity Options 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 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 66 customer reviews whereas Trustline is rated 4.0 of 5 based on 1 customer reviews.

  TradeSmart Trustline
  66 Customer Reviews    Rate TradeSmart 1 Customer Reviews    Rate Trustline
Fees 3.8 4.0
Brokerage 4.4 3.0
Trading Platform 3.7 4.0
Customer Service 4.0 4.0
Research Capabilities 2.6
Overall Ratings Rated 4.0 stars Rated 4.0 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 66 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 Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today. Get 50% discount (Rs 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
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
  • 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 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.
  • 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

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.

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 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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