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Zerodha Vs TradeSmart (Compare Zerodha and TradeSmart)

About Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment). Ze...

Zerodha Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About 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...

TradeSmart Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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
Exchnage Membership	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX
Year of Incorporation	2010	1994
Number of Branches	22	1
	Open Zerodha Account	Open TradeSmart Account

Zerodha Vs TradeSmart Charges & AMC

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

	Zerodha	TradeSmart
Trading Account Opening Charges	Rs 200	Rs 200
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0	Rs 200
Demat Account AMC Charges	Rs 300	Rs 300

Zerodha Vs TradeSmart Brokerage

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

Account Type	Zerodha Flat Brokerage Plan	TradeSmart Power Plan
Fixed Charges		NA
Equity Delivery	Rs 0 (Free)	Rs 15 per order
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	Rs 15 per order
Equity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 15 per order
Equity Options	Rs 20 per executed order	Rs 15 per order
Currency Futures	Rs 20 per executed order or .03% whichever is lower	Rs 15 per order
Currency Options	Rs 20 per executed order or .03% whichever is lower	Rs 15 per order
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 15 per order
Commodity Options	Rs 20 per executed order or .03% whichever is lower	Rs 15 per order
Special Offer	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 online with Zerodha and start trading today.	Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

Zerodha Vs TradeSmart Brokerage Plan 2

	Zerodha	TradeSmart
Account Type	Flat Brokerage Plan	Value Plan
Fixed Charges
Equity Delivery	Rs 0 (Free)	0.07%
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	0.007%
Equity Futures	Rs 20 per executed order or .03% whichever is lower	0.007%
Equity Options	Rs 20 per executed order	Rs 7 Per Lot
Currency Futures	Rs 20 per executed order or .03% whichever is lower	0.007%
Currency Options	Rs 20 per executed order or .03% whichever is lower	Rs 7 Per Lot
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	0.007%
Commodity Options	Rs 20 per executed order or .03% whichever is lower	Rs 7 Per Lot
	Open Zerodha Account	Open TradeSmart Account

Zerodha Charges Vs TradeSmart

Minimum Brokerage	0.03% in Intraday and F&O	Rs 15 per executed order
Other Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS	Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges	Rs 50 per executed order	Rs 20 per executed order

Zerodha Vs TradeSmart Transaction Charges

Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while TradeSmart exchange transaction charges for options is 0.0715%.

	Zerodha	TradeSmart
Equity Delivery	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)	0.0035%
Equity Intraday	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)	0.0035%
Equity Futures	NSE Rs 200 per Cr (0.002%)	0.0024%
Equity Options	NSE Rs 5300 per Cr (0.053%) (on premium)	0.0715%
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)	0.00165%
Currency Options	NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)	0.06%
Commodity	Group A - Rs 260 per Cr (0.0026%)	0.0039%
	Open Zerodha Account	Open TradeSmart Account

Zerodha Vs TradeSmart Leverage (Margin)

Zerodha margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the TradeSmart margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Zerodha	TradeSmart
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 Zerodha Account	Open TradeSmart Account

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Kite Web, Kite Mobile for Android/iOS and Coin	NEST, NOW, Spin
Intraday Square-off Time	Eq Cash: 3:15 PM \| Eq F&O : 3:25 PM \| Currency: 4:45 PM \| Commodities: 25 min before close	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
	Open Zerodha Account	Open TradeSmart Account

Zerodha Vs TradeSmart Review

Zerodha is rated 3.7 of 5 based on 454 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

	Zerodha	TradeSmart
	454 Customer Reviews	67 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 454 customer reviews	TradeSmart is rated 4.0 of 5 based on 67 customer reviews

Contact Broker / Request A Call Back

	Zerodha Enquire	TradeSmart Enquire
Contact Broker	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 online with Zerodha and start trading today.	Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

Zerodha Vs TradeSmart Investment Options

	Zerodha	TradeSmart
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

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)
	Open Zerodha Account	Open TradeSmart Account

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 - Pros and Cons

	Zerodha	TradeSmart
Pros	India's No. 1 broker in terms of the number of active clients and exchange volume. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.	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	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.	Call and Trade is charged at extra Rs 20 per executed order. Physical contract notes Rs 20 per contract note + courier charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 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.
Reviews		Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
Promo / Offers	Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + Trade with the best trading platform in India. This is a limited-time offer. Open Instant Zerodha Account online and start trading today.	Flat Rs 15 per trade Flat Rs 15 per trade across all segments + Get Margin against your shares + API for alog trading. This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.
	Open Zerodha Account	Open TradeSmart Account

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