Chittorgarh.com
Free Trading + Demat Account

Zerodha Vs Trade Smart Online Share Broker Comparison

The side-by-side comparison of Zerodha and Trade Smart Online stock brokers in India. The comparison below highlights the similarities and differences between Zerodha and Trade Smart Online's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Zerodha and Trade Smart Online.

  Zerodha Trade Smart Online
 
Zerodha Logo Trade Smart Online Logo
About the Broker 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... Know more about Zerodha Trade Smart Online (TSO) is Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart Online is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorp... Know more about Trade Smart Online
Type of Broker Discount Broker Discount Broker
Supported Exchnage NSE, BSE, MCX and NCDEX BSE, NSE, MCX, NCDEX
Account Type Standard Plan Power Plan (₹15/Order)
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 Trade Smart Online. Leave your contact info and we will get in touch with you.
Expand

Stock Broker Fees / Charges

  Zerodha Trade Smart Online
Trading Account Opening Fees ₹300 ₹200
Trading Account AMC ₹0 (Free) ₹0
Demat Account Opening Fees ₹100 ₹200
Demat Account AMC ₹300 ₹300
Demat Account is Mandatory? No No
Expand

Trading Brokerage Charges

Brokerage Plan 1

  Zerodha Trade Smart Online
Account Type Standard Plan Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) ₹15
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower ₹15
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower ₹15
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹15
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹15
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹15
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹15
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹15

Brokerage Plan 2

  Zerodha Trade Smart Online
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

Other Charges

Minimum Brokerage Charges ₹0 ₹15
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 Rs 20 per executed order
Call & Trade Charges ₹20 per executed order ₹20 per executed order
Expand

Taxes

  Zerodha Trade Smart Online
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
Expand

Transaction Charges

  Zerodha Trade Smart Online
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%
Expand

Exposure

  Zerodha Trade Smart Online
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) 7x trading margin
Equity Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 7x trading margin
Currency Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 3x trading margin
Currency Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 3x trading margin
Commodity Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span 6x trading margin
Expand

Share Broker Features

  Zerodha Trade Smart Online
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)
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
Expand

Broker Ratings (Average User Rating)

  Zerodha Trade Smart Online
  330 Customer Reviews    Rate Zerodha 58 Customer Reviews    Rate Trade Smart Online
Fees Ratings 3.8 3.9
Trading Brokerage Rating 4.4 4.5
Trading Platform Usability 3.6 3.7
Customer Service Ratings 3.5 4.1
Overall Ratings Rated 3.7 stars Rated 4.1 stars
Broker Rating Zerodha is Rated 3.7 / 5 based on 330 customer reviews Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews
Expand

Contact Broker / Request A Call Back

  Zerodha Trade Smart Online
Contact / Request Call Back
Expand

Investment Options Available

  Zerodha Trade Smart Online
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No No
Other Investment Options
Expand

Customer Service Offered

  Zerodha Trade Smart Online
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches No No
Expand

Order Type

  Zerodha Trade Smart Online
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes
Expand

Research / Tips / Reports Published

  Zerodha Trade Smart Online
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
Expand

Suitable for Investor Category

  Zerodha Trade Smart Online
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

Expand

Pros, Cons and Other Review Comments

  Zerodha Trade Smart Online
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.

More Advantages...

  • 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 investing 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 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 information which is helpful for most customers.

More Advantages...

Cons
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra Rs 20 order.
  • Doesn't provide options to invest in IPO, Bond and NCD's public offers.
  • Margin funding is not available.
  • GTC/GTD not available in Equity.

More Disadvantages...

  • 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...

Reviews Useful Articles about Zerodha: Useful Articles:
Promo / Offers

Truly 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.

Enquire about Zerodha Enquire about Trade Smart Online
Compare More Brokers



Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App