Unlimited Trading @ Rs 899 per month - Prostocks

Trade Smart Online Vs Karvy (Compare Trade Smart Online and Karvy)

The side-by-side comparison of Trade Smart Online and Karvy. Compare Trade Smart Online Vs Karvy brokerage, charges, exposure margin, demat account. Read Karvy and Trade Smart Online review.

Find out Trade Smart Online Vs Karvy which is better and Trade Smart Online Vs Karvy which is best.

Our VNS Finance & Capital Services Ltd comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between Trade Smart Online and Karvy.

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Trade Smart Online Vs Karvy

  Trade Smart Online Karvy
Find more info about broker
VNS Finance & Capital Services Ltd Logo Karvy Stock Broking Ltd Logo
About the Broker Trade Smart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to ... Know more about VNS Finance & Capital Services Ltd

Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

Karvy Customers,

Need Help Moving to Another Broker?

Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institut... Know more about Karvy Stock Broking Ltd
Type of Broker Discount Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Power Plan (₹15/Order) Retail Brokerage Plan
Broker Enquiry Open an Online Trading Account with Trade Smart Online. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994 1985
Number of Branches 1 575
Enquire Trade Smart Online
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Trade Smart Online Vs Karvy Charges

  Trade Smart Online Karvy
Trading Account Opening Fees ₹200 ₹650
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹200 ₹0
Demat Account AMC ₹300 ₹420
Demat Account is Mandatory? No No
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Trade Smart Online Vs Karvy Brokerage

Brokerage Plan 1

  Trade Smart Online Karvy
Account Type Power Plan (₹15/Order) Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage ₹15 per executed order 0.3%
Equity Intraday Brokerage ₹15 per executed order 0.03%
Equity Futures Brokerage ₹15 per executed order 0.03%
Equity Options Brokerage ₹15 per executed order ₹30 per lot
Currency Futures Trading Brokerage ₹15 per executed order 0.03%
Currency Options Trading Brokerage ₹15 per executed order ₹30 per lot
Commodity Futures Trading Brokerage ₹15 per executed order 0.03%
Commodity Options Trading Brokerage ₹15 per executed order ₹30 per lot
Special Offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

Brokerage Plan 2

  Trade Smart Online Karvy
Account Type Value Plan Premium Subscription Plan of 100000
Fixed Charges ₹100,000 per year
Equity Delivery Brokerage 0.007% 0.1%
Equity Intraday Brokerage 0.007% 0.01%
Equity Futures Brokerage 0.007% 0.01%
Equity Options Brokerage ₹7 Per Lot ₹10 per lot
Currency Futures Trading Brokerage 0.007% 0.01%
Currency Options Trading Brokerage ₹7 Per Lot ₹10 per lot
Commodity Futures Trading Brokerage 0.007% 0.01%
Commodity Options Trading Brokerage ₹7 Per Lot ₹10 per lot

Other Charges

Minimum Brokerage Charges ₹15 per executed order Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
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
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Trade Smart Online Vs Karvy Taxes

  Trade Smart Online Karvy
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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Trade Smart Online Vs Karvy Transaction Charges

  Trade Smart Online Karvy
Equity Delivery 0.0035% ₹325
Equity Intraday 0.0035% ₹325
Equity Futures 0.0024% ₹230
Equity Options 0.0715% ₹5500
Currency Futures 0.00165% ₹325
Currency Options 0.06%
Commodity 0.0039% ₹300
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Trade Smart Online Vs Karvy Exposure Margin

  Trade Smart Online Karvy
Equity Delivery 1x (no margin) Upto 5x with 24% interest per year
Equity Intraday 30x trading margin Upto 20x
Equity Futures MIS: 3X | BO: 7X | CO: 7X Upto 4x
Equity Options MIS: 3X | BO: 7X | CO: 7X Upto 4x for shorting
Currency Futures MIS: 3X | BO: 3X | CO: 3X Nil
Currency Options MIS: 3X | BO: NA | CO: NA Nil
Commodity Futures MIS: 2X | BO: 6X | CO: 6X Upto 4x
Commodity Options MIS: NA | BO: NA | CO: NA
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Trade Smart Online and Karvy Feature Comparison

  Trade Smart Online Karvy
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform NEST, NOW, Spin NEST, Karvy Web, Trade Mobile
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing 3:15
Other Features Ask the expert, The Finapolis
Referral Program Yes
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Trade Smart Online Vs Karvy Review

  Trade Smart Online Karvy
  61 Customer Reviews    Rate Trade Smart Online 24 Customer Reviews    Rate Karvy
Fees 3.8 2.6
Trading Brokerage 4.4 2.4
Trading Platform Usability 3.8 2.7
Customer Service 4.0 2.2
Research Capabilities
Overall Ratings Rated 4.1 stars Rated 2.0 stars
Broker Rating Trade Smart Online is Rated 4.1 / 5 based on 61 customer reviews Karvy is Rated 2.0 / 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  Trade Smart Online Enquire Karvy Enquire
Contact Broker

FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

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Trade Smart Online Vs Karvy Investment Options

  Trade Smart Online Karvy
Stock / Equity Yes Yes
Commodity Yes Yes
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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Trade Smart Online Vs Karvy Customer Service

  Trade Smart Online Karvy
24/7 Customer Service No No
Onine Live Chat Yes Yes
Through Branches No Yes
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Trade Smart Online Vs Karvy Order Type Offered

  Trade Smart Online Karvy
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes
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Trade Smart Online Vs Karvy Research Report

  Trade Smart Online Karvy
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Trade Smart Online Vs Karvy Suitable For Investor Type

  Trade Smart Online Karvy
Casual Investor Yes
Active Investor Yes
Trader Yes
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Trade Smart Online Vs Karvy - Advantages and Disadvantages

  Trade Smart Online Karvy
Pros
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of ₹1000.
  • Unlike most of the discount brokers; Trade Smart Online 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. 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.
  • Trade Smart Online is in the stock broking industry since 1994.
  • TSO's online knowledge base has lot of information which is helpful for most customers.

More Advantages...

  1. Pay ₹1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

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.

More Disadvantages...

  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers

More Disadvantages...

Reviews Useful Articles:
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.

Get this limited time offer
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