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 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 a... ![]()
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, MCX. It has 52 branches across India.
| TradeSmart | Yes Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2013 |
| Number of Branches | 1 | 52 |
| Open TradeSmart Account |
TradeSmart trading account opening charges is Free while Yes Securities account opening changes is ₹0. TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Yes Securities Demat Account AMC Charges is ₹25 per month.
| TradeSmart | Yes Securities | |
|---|---|---|
| Trading Account Opening Charges | Free | ₹0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Free | Rs 0 |
| Demat Account AMC Charges | Rs 300 (1st Year Free) | ₹25 per month |
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 0.10% and Intraday is 0.01%.
| Account Type | TradeSmart Power Plan | Yes Securities YES Private |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 15 per order | 0.10% |
| Equity Intraday | Rs 15 per order | 0.01% |
| Equity Futures | Rs 15 per order | 0.01% |
| Equity Options | Rs 15 per order | Rs10 per lot |
| Currency Futures | Rs 15 per order | 0.01% |
| Currency Options | Rs 15 per order | Rs10 per lot |
| Commodity Futures | Rs 15 per order | 0.01% |
| Commodity Options | Rs 15 per order | Rs10 per lot |
| 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 | Yes Securities | |
|---|---|---|
| Account Type | Value Plan | YES First |
| Fixed Charges | NA | |
| Equity Delivery | 0.07% | 0.12% |
| Equity Intraday | 0.007% | 0.01% |
| Equity Futures | 0.007% | 0.01% |
| Equity Options | Rs 7 Per Lot | Rs15 per lot |
| Currency Futures | 0.007% | 0.01% |
| Currency Options | Rs 7 Per Lot | Rs15 per lot |
| Commodity Futures | 0.007% | 0.01% |
| Commodity Options | Rs 7 Per Lot | Rs15 per lot |
| Open TradeSmart Account |
| TradeSmart | Yes Securities | |
|---|---|---|
| Account Type | Power Plan | INVEST Value Plan |
| Fixed Charges | NA | |
| Equity Delivery | Rs 15 per order | 0.25% |
| Equity Intraday | Rs 15 per order | 0.03% |
| Equity Futures | Rs 15 per order | 0.03% |
| Equity Options | Rs 15 per order | Rs 25 per lot |
| Currency Futures | Rs 15 per order | 0.03% |
| Currency Options | Rs 15 per order | Rs 25 per lot |
| Commodity Futures | Rs 15 per order | 0.03% |
| Commodity Options | Rs 15 per order | Rs 25 per lot |
| Open TradeSmart Account |
| 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 |
| Open TradeSmart Account |
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 trading is up to 20% of the trade value (4x 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) |
| Open TradeSmart Account |
The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Yes Securities offers OMNI on Mobile, OMNI on Web & OMNI on Desktop trading software.
| TradeSmart | Yes Securities | |
|---|---|---|
| 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 | OMNI on Mobile, OMNI on Web & OMNI on Desktop |
| 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 | ||
| Open TradeSmart Account |
TradeSmart is rated of 5 based on 67 customer reviews whereas Yes Securities is rated of 5 based on 5 customer reviews.
| TradeSmart | Yes Securities | |
|---|---|---|
| 67 Customer Reviews | 5 Customer Reviews | |
| Fees | ||
| Brokerage | ||
| Trading Platform | ||
| Customer Service | ||
| Research Capabilities | ||
| Overall Rating | ||
| Broker Rating | TradeSmart is Rated 4.0 / 5 based on 67 customer reviews | Yes Securities is Rated 2.2 / 5 based on 5 customer reviews |
| TradeSmart | Yes Securities | |
|---|---|---|
| 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 | Yes Securities | |
|---|---|---|
| Stock / Equity | ||
| Commodity | ||
| IPO | ||
| Mutual Funds | ||
| Bond / NCD | ||
| Debt |
| TradeSmart | Yes Securities | |
|---|---|---|
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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 |