TradeSmart Vs Yes Securities (Compare TradeSmart and Yes Securities)

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


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
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
Supported Exchnages BSE, NSE, MCX BSE, NSE
Account Type Power Plan (₹15/Order) INVEST Value Plan
Year of Incorporation 1994 2013
Number of Branches 1 52
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 Yes Securities. Leave your contact info and we will get in touch with you.
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TradeSmart Vs Yes Securities Charges & AMC

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

  TradeSmart Yes Securities
Trading Account Opening Charges ₹200 ₹999
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹200 ₹0
Demat Account AMC Charges ₹300 ₹500
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TradeSmart Vs Yes Securities Brokerage Charges & Plans

TradeSmart Vs Yes Securities Brokerage

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

  TradeSmart Yes Securities
Account Type Power Plan (₹15/Order) INVEST Value Plan
Fixed Charges
Equity Delivery Brokerage ₹15 per executed order 0.45%
Equity Intraday Brokerage ₹15 per executed order 0.05%(both Sides)
Equity Futures Brokerage ₹15 per executed order 0.05% | Intraday - 0.02%
Equity Options Brokerage ₹15 per executed order ₹75 per lot | Intraday - ₹25 per lot
Currency Futures Trading Brokerage ₹15 per executed order 0.05% | Intraday - 0.02%
Currency Options Trading Brokerage ₹15 per executed order ₹75 per lot | Intraday - ₹25 per lot
Commodity Futures Trading Brokerage ₹15 per executed order NA
Commodity Options Trading Brokerage ₹15 per executed order NA
Special Offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

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 Brokerage 0.007% 0.40%
Equity Intraday Brokerage 0.007% 0.04%
Equity Futures Brokerage 0.007% 0.04% | Intraday - 0.02%
Equity Options Brokerage ₹7 Per Lot ₹70 per lot | Intraday - ₹25 per lot
Currency Futures Trading Brokerage 0.007% 0.04% | Intraday - 0.02%
Currency Options Trading Brokerage ₹7 Per Lot ₹70 per lot | Intraday - ₹25 per lot
Commodity Futures Trading Brokerage 0.007% NA
Commodity Options Trading Brokerage ₹7 Per Lot NA
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TradeSmart Charges Vs Yes Securities

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

TradeSmart provides the margin of 30x trading margin for intraday trades whereas the Yes Securities margin for intraday cash is Upto 5X.

  TradeSmart Yes Securities
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday 30x trading margin Upto 5X
Equity Futures MIS: 3X | BO: 7X | CO: 7X Upto 3x
Equity Options MIS: 3X | BO: 7X | CO: 7X Upto 3x for shorting
Currency Futures MIS: 3X | BO: 3X | CO: 3X Upto 2x for Intraday
Currency Options MIS: 3X | BO: NA | CO: NA Upto 3x for shorting
Commodity Futures MIS: 2X | BO: 6X | CO: 6X NA
Commodity Options MIS: NA | BO: NA | CO: NA
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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 Available 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 64 customer reviews whereas Yes Securities is rated 2.0 of 5 based on 2 customer reviews.

  TradeSmart Yes Securities
  64 Customer Reviews    Rate TradeSmart 2 Customer Reviews    Rate Yes Securities
Fees 3.8 3.0
Trading Brokerage 4.4 1.0
Trading Platform Usability 3.7 3.0
Customer Service 4.0 3.0
Research Capabilities 3.0 2.0
Overall Ratings Rated 4.0 stars Rated 2.0 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 64 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
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FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

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TradeSmart Vs Yes Securities Investment Options

  TradeSmart Yes Securities
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (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
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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
  • 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.
  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 ₹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.
  1. Very expensive brokerage charges
  2. Doesn't offer commodity trading at MCX.
  3. Minimum brokerage of ₹25.
  4. Call & Trade is available for an additional ₹25 per executed order.
  5. Doesn't provide 'Installable Trading Terminal' software to customers.
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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.

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