Zerodha Vs TradeSmart (Compare Zerodha and TradeSmart)
The side-by-side comparison of Zerodha and TradeSmart. Compare Zerodha Vs TradeSmart brokerage, charges, exposure margin, demat account. Read TradeSmart and Zerodha review.
Find out Zerodha Vs TradeSmart which is better and Zerodha Vs TradeSmart which is best.
Our Zerodha comparison with VNS Finance & Capital Services Ltd highlights the major differences between two brokers. Find the best between Zerodha and TradeSmart.
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed...
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 of...
Type of Broker
Discount Broker
Discount Broker
Supported Exchnage
NSE, BSE, MCX and NCDEX
BSE, NSE, MCX
Account Type
Standard Plan
Power Plan (₹15/Order)
Broker Enquiry
Year of Incorporation
2010
1994
Number of Branches
22
1
Zerodha Vs TradeSmart Charges
Zerodha
TradeSmart
Trading Account Opening Fees
₹200
₹200
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹100
₹200
Demat Account AMC
₹300
₹300
Demat Account is Mandatory?
No
No
Zerodha Vs TradeSmart Brokerage
Brokerage Plan 1
Zerodha
TradeSmart
Account Type
Standard Plan
Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage
₹0 (Free)
₹15 per executed order
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
₹15 per executed order
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
₹15 per executed order
Equity Options Brokerage
₹20 per executed order or .01% whichever is lower
₹15 per executed order
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹15 per executed order
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹15 per executed order
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹15 per executed order
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹15 per executed order
Brokerage Plan 2
Zerodha
TradeSmart
Account Type
Standard Plan
Value Plan
Fixed Charges
Equity Delivery Brokerage
₹0 (Free)
0.007%
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
0.007%
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
0.007%
Equity Options Brokerage
₹20 per executed order or .01% whichever is lower
₹7 Per Lot
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.007%
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹7 Per Lot
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.007%
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹7 Per Lot
Other Charges
Minimum Brokerage Charges
₹0
₹15 per executed order
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order
Call & Trade Charges
₹20 per executed order
₹20 per executed order
Zerodha Vs TradeSmart Taxes
Zerodha
TradeSmart
Securities Transaction Tax (STT)
Equity Intraday
0.025% (on Sell trade)
Equity Delivery
0.1% (on Buy and Sell)
Equity Futures
0.01% (on Sell trade)
Equity Options
0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures
Nil
Currency Options
Nil
Commodities
0.01% 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.
Zerodha Vs TradeSmart Transaction Charges
Zerodha
TradeSmart
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
0.0035%
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
0.0035%
Equity Futures
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
0.0024%
Equity Options
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
0.0715%
Currency Futures
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
0.00165%
Currency Options
NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium)
0.06%
Commodity
Group A - ₹260 per Cr (0.0026%)
0.0039%
Zerodha Vs TradeSmart Exposure Margin
Zerodha
TradeSmart
Equity Delivery
1x (no margin)
1x (no margin)
Equity Intraday
Up to 20x (based on the stock)
30x trading margin
Equity Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
MIS: 3X | BO: 7X | CO: 7X
Equity Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
MIS: 3X | BO: 7X | CO: 7X
Currency Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
MIS: 3X | BO: 3X | CO: 3X
Currency Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
MIS: 3X | BO: NA | CO: NA
Commodity Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
MIS: 2X | BO: 6X | CO: 6X
Commodity Options
MIS: NA | BO: NA | CO: NA
Zerodha and TradeSmart Feature Comparison
Zerodha
TradeSmart
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
NEST, NOW, Spin
Intraday Square-off Time
3:10 PM
Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features
Direct Mutual Funds, APIs
Referral Program
Zerodha Vs TradeSmart Review
Zerodha
TradeSmart
354 Customer Reviews
59 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Zerodha is Rated 3.8 / 5 based on 354 customer reviews
TradeSmart is Rated 4.0 / 5 based on 59 customer reviews
Contact Broker / Request A Call Back
Zerodha Enquire
TradeSmart Enquire
Contact Broker
Zerodha Vs TradeSmart Investment Options
Zerodha
TradeSmart
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Zerodha Vs TradeSmart Customer Service
Zerodha
TradeSmart
24/7 Customer Service
Onine Live Chat
Through Branches
Zerodha Vs TradeSmart Order Type Offered
Zerodha
TradeSmart
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Zerodha Vs TradeSmart Research Report
Zerodha
TradeSmart
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Zerodha Vs TradeSmart Suitable For Investor Type
Zerodha
TradeSmart
Casual Investor
Active Investor
Trader
Zerodha Vs TradeSmart - Advantages and Disadvantages
Zerodha
TradeSmart
Pros
Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
Excellent trading platforms made available for free to all its customers.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
10% referral credit for reffering new customers.
Direct Mutual Fund Investment is available.
Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.
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.
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
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.
Zerodha
Zero Account Opening Fee