Zerodha Vs TradeSmart (Compare Zerodha and TradeSmart)

The side-by-side comparison of Zerodha and TradeSmart. Compare Zerodha Vs TradeSmart brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Zerodha vs TradeSmart?


Zerodha
Zerodha is India's largest and most popular stock broker. It offers online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges ₹0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat ₹20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is ₹20 for an order (of any size, amount or segment). Zerodha Review 2020 Zero... Know more about Zerodha


TradeSmart
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 offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of... Know more about VNS Finance & Capital Services Ltd

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Zerodha Vs TradeSmart

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Zerodha TradeSmart
Type of Broker Discount Broker Discount Broker
Supported Exchnages NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Account Type Flat Brokerage Plan Power Plan (₹15/Order)
Year of Incorporation 2010 1994
Number of Branches 22 1
Broker Enquiry Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you. Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you.
Enquire ZerodhaEnquire TradeSmart
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Zerodha Vs TradeSmart Charges & AMC

Zerodha trading account opening charges is ₹200 while TradeSmart account opening changes is ₹200. Zerodha Demat Account AMC Charges is ₹300 and TradeSmart Demat Account AMC Charges is ₹300.

  Zerodha TradeSmart
Trading Account Opening Charges ₹200 ₹200
Trading Account AMC Charges ₹0 (Free) ₹0
Demat Account Opening Charges ₹0 ₹200
Demat Account AMC Charges ₹300 ₹300
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Zerodha Vs TradeSmart Brokerage Charges & Plans

Zerodha Vs TradeSmart Brokerage

Zerodha brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower whereas TradeSmart brokerage charges for equity is ₹15 per executed order and intraday is ₹15 per executed order.

  Zerodha TradeSmart
Account Type Flat Brokerage Plan Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) ₹15 per executed order
Equity Intraday Brokerage ₹20 per executed order or .03% whichever is lower ₹15 per executed order
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower ₹15 per executed order
Equity Options Brokerage ₹20 per executed order ₹15 per executed order
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹15 per executed order
Currency Options Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹15 per executed order
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹15 per executed order
Commodity Options Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹15 per executed order
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

Zerodha Vs TradeSmart Brokerage Plan 2

  Zerodha TradeSmart
Account Type Flat Brokerage Plan Value Plan
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) 0.007%
Equity Intraday Brokerage ₹20 per executed order or .03% whichever is lower 0.007%
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower 0.007%
Equity Options Brokerage ₹20 per executed order ₹7 Per Lot
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower 0.007%
Currency Options Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹7 Per Lot
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower 0.007%
Commodity Options Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹7 Per Lot
Enquire ZerodhaEnquire TradeSmart

Zerodha Charges Vs TradeSmart

Minimum Brokerage Charges 0.03% in Intraday and F&O ₹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 ₹50 per executed order ₹20 per executed order
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Zerodha Vs TradeSmart Transaction Charges

Zerodha transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium) while TradeSmart exchange transaction charges for options is 0.0715%.

  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%) 0.0024%
Equity Options NSE ₹5000 per Cr (0.05%) (on premium) 0.0715%
Currency Futures NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%) 0.00165%
Currency Options NSE ₹3500 per Cr (0.035%) | BSE ₹100 per Cr (0.001%) (on premium) 0.06%
Commodity Group A - ₹260 per Cr (0.0026%) 0.0039%
Enquire ZerodhaEnquire TradeSmart
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Zerodha Vs TradeSmart Leverage (Margin)

Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the TradeSmart margin for intraday cash is 30x trading 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
Enquire ZerodhaEnquire TradeSmart
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Compare Zerodha and TradeSmart Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. TradeSmart offers NEST, NOW, Spin trading software.

  Zerodha TradeSmart
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Kite Web, Kite Mobile for Android/iOS and Coin 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 for Algo Trading
Referral Program Yes Yes
Enquire ZerodhaEnquire TradeSmart
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Zerodha Vs TradeSmart Review

Zerodha is rated 3.7 of 5 based on 393 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 64 customer reviews.

  Zerodha TradeSmart
  393 Customer Reviews    Rate Zerodha 64 Customer Reviews    Rate TradeSmart
Fees 3.8 3.8
Trading Brokerage 4.3 4.4
Trading Platform Usability 3.6 3.7
Customer Service 3.4 4.0
Research Capabilities 2.6 3.0
Overall Ratings Rated 3.7 stars Rated 4.0 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 393 customer reviews TradeSmart is rated 4.0 of 5 based on 64 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Enquire TradeSmart Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

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

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Zerodha Vs TradeSmart Investment Options

  Zerodha TradeSmart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No No
Other Investment Options
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Zerodha Vs TradeSmart Order Type Offered

  Zerodha TradeSmart
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Enquire ZerodhaEnquire TradeSmart
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Zerodha Vs TradeSmart Research Report

  Zerodha TradeSmart
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Zerodha Vs TradeSmart Suitable For Investor Type

  Zerodha TradeSmart
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Zerodha Vs TradeSmart - Pros and Cons

  Zerodha TradeSmart
Pros
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms (Kite) available for free.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.03% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • Direct Mutual Fund Investment is available.
  • Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
  • Zerodha Referral Program offers 10% broekrage share to clients you refer.
  • Good Till Triggered (GTT) order are available. These are simillar to GTC orders.
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of ₹1000.
  • Unlike most of the discount brokers; TradeSmart 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. The 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.
  • TradeSmart is in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of information which is helpful for most customers.
Cons
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra ₹50 order.
  • Auto Square off is charged at extra ₹50 order.
  • Doesn't offer 3-in-1 account.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer AMC Free Demat account.
  • 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.
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Promo / Offers

Free Equity Delivery Trading

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.

Get this limited time offer
Enquire ZerodhaEnquire TradeSmart

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