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TradeSmart Vs Yes Securities (Compare TradeSmart and Yes Securities)

VNS Finance & Capital Services Ltd Logo

About 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

Yes Securities Limited Logo

About Yes Securities
Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO. YSL offers a 3-in-1 account wherein a bank savings account, a demat account and an investment account is opened at once and linked to each other. This h... Know more about Yes Securities Limited

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TradeSmart Vs Yes Securities

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.

  TradeSmart Yes Securities
Type of Broker Discount Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE
Year of Incorporation 1994 2013
Number of Branches 1 52
Open TradeSmart AccountEnquire Yes Securities

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TradeSmart Vs Yes Securities Charges & AMC

TradeSmart trading account opening charges is Rs 200 while Yes Securities account opening changes is Rs 999. TradeSmart Demat Account AMC Charges is Rs 300 and Yes Securities Demat Account AMC Charges is Rs 500.

  TradeSmart Yes Securities
Trading Account Opening Charges Rs 200 Rs 999
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 200 Rs 0
Demat Account AMC Charges Rs 300 Rs 500

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TradeSmart Vs Yes Securities Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides).

Account Type TradeSmart Power Plan Yes Securities INVEST Value Plan
Fixed Charges NA
Equity Delivery Rs 15 per order 0.45%
Equity Intraday Rs 15 per order 0.05%(both Sides)
Equity Futures Rs 15 per order 0.05% | Intraday - 0.02%
Equity Options Rs 15 per order Rs 75 per lot | Intraday - Rs 25 per lot
Currency Futures Rs 15 per order 0.05% | Intraday - 0.02%
Currency Options Rs 15 per order Rs 75 per lot | Intraday - Rs 25 per lot
Commodity Futures Rs 15 per order NA
Commodity Options Rs 15 per order NA
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.

TradeSmart Vs Yes Securities Brokerage Plan 2

  TradeSmart Yes Securities
Account Type Value Plan INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover)
Fixed Charges
Equity Delivery 0.07% 0.40%
Equity Intraday 0.007% 0.04%
Equity Futures 0.007% 0.04% | Intraday - 0.02%
Equity Options Rs 7 Per Lot Rs 70 per lot | Intraday - Rs 25 per lot
Currency Futures 0.007% 0.04% | Intraday - 0.02%
Currency Options Rs 7 Per Lot Rs 70 per lot | Intraday - Rs 25 per lot
Commodity Futures 0.007% NA
Commodity Options Rs 7 Per Lot NA
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TradeSmart Charges Vs Yes Securities

Minimum Brokerage Rs 15 per executed order Rs 25 or 2.5% of Trade Value whichever is lower
Other Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges Rs 20 per executed order Additional Rs 25 per executed order

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TradeSmart Vs Yes Securities Transaction Charges

TradeSmart transaction charges for options is 0.0715% while Yes Securities exchange transaction charges for options is 0.053% (on premium).

  TradeSmart Yes Securities
Equity Delivery 0.0035% 0.00325%
Equity Intraday 0.0035% 0.00325%
Equity Futures 0.0024% 0.002%
Equity Options 0.0715% 0.053% (on premium)
Currency Futures 0.00165% 0.00125%
Currency Options 0.06% 0.0435% (on premium)
Commodity 0.0039% 0.0030%
Open TradeSmart AccountEnquire Yes Securities

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TradeSmart Vs Yes Securities Leverage (Margin)

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

  TradeSmart Yes Securities
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)
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Compare TradeSmart and Yes Securities Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. Yes Securities offers YesInvest (Website), Yes Trader (Mobile App) trading software.

  TradeSmart Yes Securities
3 in 1 Account No Yes
Charting Yes No
Automated Trading Yes No
SMS Alerts No No
Online Demo Yes No
Online Portfolio No Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform NEST, NOW, Spin YesInvest (Website), Yes Trader (Mobile App)
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 Yes Securities Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas Yes Securities is rated 2.0 of 5 based on 2 customer reviews.

  TradeSmart Yes Securities
  67 Customer Reviews    Rate TradeSmart 2 Customer Reviews    Rate Yes Securities
Fees 3.8 3.0
Brokerage 4.4 1.0
Trading Platform 3.8 3.0
Customer Service 4.0 3.0
Research Capabilities 2.7 2.0
Overall Ratings Rated 4.0 stars Rated 2.0 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 67 customer reviews Yes Securities is rated 2.0 of 5 based on 2 customer reviews

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Contact Broker / Request A Call Back

  TradeSmart Enquire Yes Securities 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. Leave your contact information and we will get in touch with you....

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TradeSmart Vs Yes Securities Investment Options

  TradeSmart Yes Securities
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options

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TradeSmart Vs Yes Securities Order Type Offered

  TradeSmart Yes Securities
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open TradeSmart AccountEnquire Yes Securities

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TradeSmart Vs Yes Securities Research Report

  TradeSmart Yes Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

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TradeSmart Vs Yes Securities Suitable For Investor Type

  TradeSmart Yes Securities
Casual Investor Yes
Active Investor Yes
Trader Yes

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TradeSmart Vs Yes Securities - Pros and Cons

  TradeSmart Yes Securities
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.
  1. Part of the prestigious Yes Bank.
  2. Full-service broker offering dedicated RM to all customers.
  3. Offer 3-in-1 investment account for seamless transactions between bank, trading and demat account.
  4. Neighborhood support is available through 50+ branches.
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.
  1. Very expensive brokerage charges
  2. Doesn't offer commodity trading at MCX.
  3. Minimum brokerage of Rs 25.
  4. Call & Trade is available for an additional Rs 25 per executed order.
  5. Doesn't provide 'Installable Trading Terminal' software to customers.
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.

Open TradeSmart AccountEnquire Yes Securities

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