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 SAMCO
SAMCO Securities is one of India's leading investment technology companies offering a variety of securities to trade and invest in, such as stocks, Equity Derivatives, Currency Derivatives, Commodities, Mutual Funds, and IPO.
Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to... ![]()
Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 1995, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| TradeSmart | SAMCO | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 1995 |
| Number of Branches | 1 | 0 |
| Open TradeSmart Account |
TradeSmart trading account opening charges is Free while SAMCO account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and SAMCO Demat Account AMC Charges is First Year: Free, Rs 400 (Free for 1st year).
| TradeSmart | SAMCO | |
|---|---|---|
| Trading Account Opening Charges | Free | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Free | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 (1st Year Free) | First Year: Free, Rs 400 (Free for 1st year) |
TradeSmart Brokerage Charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas SAMCO brokerage charges for equity is 0.5% of the transaction value or ₹20 per executed order and Intraday is 0.5% of the transaction value or ₹20 per executed order.
| Account Type | TradeSmart Power Plan | SAMCO Standard |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 15 per order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Intraday | Rs 15 per order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Futures | Rs 15 per order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Options | Rs 15 per order | ₹20 per executed order (or 0.5% of the transaction value, whichever is lower). |
| Currency Futures | Rs 15 per order | 0.5% of the transaction value or ₹20 per executed order (whichever is lower). |
| Currency Options | Rs 15 per order | ₹20 per executed order (or 0.5% of the transaction value, |
| Commodity Futures | Rs 15 per order | 0.5% of the transaction value or ₹20 per |
| Commodity Options | Rs 15 per order | ₹20 per executed order (or 0.5% of the transaction value) |
| 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. | Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today. |
| TradeSmart | SAMCO | |
|---|---|---|
| Account Type | Value Plan | Standard |
| Fixed Charges | NA | NA |
| Equity Delivery | 0.07% | 0.5% of the transaction value or ₹20 per executed order |
| Equity Intraday | 0.007% | 0.5% of the transaction value or ₹20 per executed order |
| Equity Futures | 0.007% | 0.5% of the transaction value or ₹20 per executed order |
| Equity Options | Rs 7 Per Lot | ₹20 per executed order (or 0.5% of the transaction value, whichever is lower). |
| Currency Futures | 0.007% | 0.5% of the transaction value or ₹20 per executed order (whichever is lower). |
| Currency Options | Rs 7 Per Lot | ₹20 per executed order (or 0.5% of the transaction value, |
| Commodity Futures | 0.007% | 0.5% of the transaction value or ₹20 per |
| Commodity Options | Rs 7 Per Lot | ₹20 per executed order (or 0.5% of the transaction value) |
| Open TradeSmart Account |
| Minimum Brokerage | Rs 15 per executed order | 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments |
| Other Charges | Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order | Auto-Square off charges: Rs 50 per order OFS / Buyback : Rs 50 per order |
| Call & Trade Charges | Rs 20 per executed order | Rs 50 + GST |
| Open TradeSmart Account |
TradeSmart margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| TradeSmart | SAMCO | |
|---|---|---|
| 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. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star trading software.
| TradeSmart | SAMCO | |
|---|---|---|
| 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 | Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star |
| Intraday Square-off Time | Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing | 3:15 PM |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | Stock SIP, US Stocks | |
| Open TradeSmart Account |
TradeSmart is rated of 5 based on 67 customer reviews whereas SAMCO is rated of 5 based on 26 customer reviews.
| TradeSmart | SAMCO | |
|---|---|---|
| 67 Customer Reviews | 26 Customer Reviews | |
| Fees | ||
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| Overall Rating | ||
| Broker Rating | TradeSmart is Rated 4.0 / 5 based on 67 customer reviews | SAMCO is Rated 3.2 / 5 based on 26 customer reviews |
| TradeSmart | SAMCO | |
|---|---|---|
| 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. | Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today. |
| TradeSmart | SAMCO | |
|---|---|---|
| Stock / Equity | ||
| Commodity | ||
| IPO | ||
| Mutual Funds | ||
| Bond / NCD | ||
| Debt |
| TradeSmart | SAMCO | |
|---|---|---|
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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. | SAMCO Special OfferFree Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year
It is a limited-time offer. Open Instant Account online and start trading the same day. |
| Open TradeSmart Account |