About TradeSmart
TradeSmart is a Mumbai-based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmartFintech Securities Ltd, formerly registered as VNS Finance & Capital Services Ltd; is a traditional brokerage company incorporated in 1994 to offer brokerage services to Indian Stock, Commodity & Currency market investors and traders through franchisees and sub-brok... 
About m.Stock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds.
m.Stocks offer Rs 0 account opening fee, Free Delivery Plan across Mutual Funds, ETF, IPO, and brokerage of Rs 5 applicable on Equity Intrad...
Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2022, m.Stock is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| TradeSmart | m.Stock | |
|---|---|---|
| Type of Broker | Discount Broker | Discount |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2022 |
| Number of Branches | 1 | 0 |
| Open TradeSmart Account |
TradeSmart trading account opening charges is Free while m.Stock account opening changes is Rs 0. TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and m.Stock Demat Account AMC Charges is ₹0 (Free).
| TradeSmart | m.Stock | |
|---|---|---|
| Trading Account Opening Charges | Free | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Free | Rs 0 |
| Demat Account AMC Charges | Rs 300 (1st Year Free) | ₹0 (Free) |
TradeSmart Brokerage Charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas m.Stock brokerage charges for equity is ₹10 per order and Intraday is ₹10 per order.
| Account Type | TradeSmart Power Plan | m.Stock |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 15 per order | ₹10 per order |
| Equity Intraday | Rs 15 per order | ₹10 per order |
| Equity Futures | Rs 15 per order | ₹10 per order |
| Equity Options | Rs 15 per order | ₹10 per order |
| Currency Futures | Rs 15 per order | ₹10 per order |
| Currency Options | Rs 15 per order | ₹10 per order |
| Commodity Futures | Rs 15 per order | NA |
| Commodity Options | Rs 15 per order | NA |
| Special Offer | Special Offer: Free Account Opening (No charges)| Trade at Flat ₹15/order brokerage across segments (Intraday, Delivery, and F&O) Open Instant Account online with TradeSmart and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| TradeSmart | m.Stock | |
|---|---|---|
| Account Type | Value Plan | |
| Fixed Charges | NA | |
| Equity Delivery | 0.07% | ₹10 per order |
| Equity Intraday | 0.007% | ₹10 per order |
| Equity Futures | 0.007% | ₹10 per order |
| Equity Options | Rs 7 Per Lot | ₹10 per order |
| Currency Futures | 0.007% | ₹10 per order |
| Currency Options | Rs 7 Per Lot | ₹10 per order |
| Commodity Futures | 0.007% | NA |
| Commodity Options | Rs 7 Per Lot | NA |
| Open TradeSmart Account |
| Minimum Brokerage | Rs 15 per executed order | |
| Other Charges | Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order | MTF brokerage: ₹10 per order Auto Square off charges: ₹100 per order" |
| Call & Trade Charges | Rs 20 per executed order | Rs 0 (Free) |
| Open TradeSmart Account |
TradeSmart margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the m.Stock margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| TradeSmart | m.Stock | |
|---|---|---|
| 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) |
| Open TradeSmart Account |
The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. m.Stock offers Mobile App & Web Platform trading software.
| TradeSmart | m.Stock | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Mobile trading app, Desktop trading application, Browser, APIs | Mobile App & Web Platform |
| Intraday Square-off Time | Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Buyback Trading | |
| Open TradeSmart Account |
TradeSmart is rated of 5 based on 67 customer reviews whereas m.Stock is rated of 5 based on 3 customer reviews.
| TradeSmart | m.Stock | |
|---|---|---|
67 Customer Reviews  | 3 Customer Reviews | |
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| Brokerage |  |  |
| Trading Platform | |  |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating | |  |
| Broker Rating | TradeSmart is Rated 4.0 / 5 based on 67 customer reviews | m.Stock is Rated 3.7 / 5 based on 3 customer reviews |
| TradeSmart | m.Stock | |
|---|---|---|
| Contact Broker | Free Account Opening (No charges)| Trade at Flat ₹15/order brokerage across segments (Intraday, Delivery, and F&O) Open Instant Account online with TradeSmart and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| TradeSmart | m.Stock | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| TradeSmart | m.Stock | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| TradeSmart | m.Stock | |
|---|---|---|
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| Reviews | Useful Articles:
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| Promo / Offers | TradeSmart Special OfferSimple & Transparent Brokerage @ ₹15
This is a limited-time offer. Open Instant TradeSmart Account online and start trading today. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open TradeSmart Account |
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