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SBICAP Securities Vs TradeSmart: Which one is better?

Both the brokers are registered with SEBI. SBICAP Securities offers investmenet in Equity, F&O and Currency only, where TradeSmart offers investment in Equity, F&O, Currency and Commodities.. The brokerage of SBICAP Securities Max .05 to 0.50% per trade while the brokerage of TradeSmart ranges between Rs 15. SBICAP Securities is a Full Service Broker where TradeSmart is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for SBICAP Securities is 8,55,994 where number of active customer for TradeSmart is 29,627. SBICAP Securities is serving more customer compare to TradeSmart.

Here we present side-by-side comparison of SBICAP Securities vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SBICAP Securities vs TradeSmart's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of SBICAP Securities vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SBICAP Securities vs TradeSmart's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare SBICAP Securities vs TradeSmart on Service

  SBICAP Securities Compare
SBICAP Securities
TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 8,55,994 29,627
Broker Overview Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP Securities Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare SBICAP Securities vs TradeSmart on Trading & Demat Account Opening Charges

Comparison of SBICAP Securities with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - SBICAP Securities charges Rs 850 for account opening where TradeSmart charges Rs 200 for account opening. Demat AMC charges - SBICAP Securities charges Rs 500 PA AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities with TradeSmart
Charges SBICAP Securities TradeSmart
Trading Account Opening Fees Rs 850 Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 200
Demat AMC Rs 500 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs TradeSmart on Plan Options

Plans are the most important feature you look when compare SBICAP Securities with TradeSmart. This section compare on high level about type of plans offered by brokers. Multiple Plans - TradeSmart provides Multiple Plans where SBICAP Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare SBICAP Securities with TradeSmart on Plan Options
Plan Types SBICAP Securities TradeSmart
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare SBICAP Securities vs TradeSmart on Brokerage Charges

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare SBICAP Securities with TradeSmart
Brokerage Charges Compare SBICAP Securities TradeSmart
Plan Name Standard or default brokerage plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery 0.50% Flat Fee Rs 15
Equity Intraday 0.05% Flat Fee Rs 15
Equity Futures 0.05% Flat Fee Rs 15
Equity Options Rs 100 Per Lot Flat Fee Rs 15
Currency Futures 0.03% Flat Fee Rs 15
Currency Options Rs 30 Per Lot Flat Fee Rs 15
Commodity Trading Rs. 100 per lot Flat Fee Rs 15
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future NIL
Hidden Charges Info Not Available No
Funding Yes - 24% interest PA No
Call & Trade Charges Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Rs 20 per executed Order
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare SBICAP Securities vs TradeSmart on Transaction Charges

Compare SBICAP Securities with TradeSmart on transaction charges and PCM fee by segment.

Transaction Charges - Compare SBICAP Securities with TradeSmart
Transaction Charges Compare SBICAP Securities TradeSmart
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for trade-smart-online
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Account Features

Compare SBICAP Securities vs TradeSmart on Account Features

Compare SBICAP Securities with TradeSmart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where TradeSmart offers only 2-in-1 account which includes trading and demat account. Algo Trading - TradeSmart offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - SBICAP Securities offers NRI where TradeSmart doesn't offers NRI Trading.

Account Features - SBICAP Securities with TradeSmart
Account Features Compare SBICAP Securities TradeSmart
3 in 1 Account Yes, SBICAP Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No SBICAP Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features Trading software terminal: ODIN Diet NIL
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Trading Platform

Compare SBICAP Securities vs TradeSmart on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities and TradeSmart. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare SBICAP Securities with TradeSmart
Trading Platform Compare SBICAP Securities TradeSmart
Desktop Trading Platform SBISMART XPRESS - NextTrader NEST Trader & Fox Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login1.sbismart.com/nidp/app/login https://sine.tradesmartonline.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App SBISMART Sine
Mobile Trading App Demo SBISMART Demo Sine Demo
Android Mobile App Yes Yes
Android App Download Andriod SBISMART Download Andriod Sine Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SBISMART Download iOS Sine Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare SBICAP Securities vs TradeSmart on User Rating

  SBICAP Securities TradeSmart
  78 Customer Reviews    Rate SBICAP Securities 34 Customer Reviews    Rate TradeSmart
Fees Ratings 3.3 3.9
Trading Brokerage Rating 3.1 4.4
Trading Platform Usability 2.8 3.7
Customer Service Ratings 2.7 4.0
Overall Ratings 2.7 4.0
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare SBICAP Securities vs TradeSmart on Investment Offerings

Compare SBICAP Securities with TradeSmart on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - TradeSmart offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. Online Mutual Fund Investment - SBICAP Securities offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare SBICAP Securities with TradeSmart
Investment Offerings Compare SBICAP Securities TradeSmart
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare SBICAP Securities vs TradeSmart on Order Types

Order Type - Compare SBICAP Securities with TradeSmart on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- SBICAP Securities offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare SBICAP Securities with TradeSmart
Order Type Compare SBICAP Securities TradeSmart
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare SBICAP Securities vs TradeSmart on Customer Service

Compare SBICAP Securities with TradeSmart on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare SBICAP Securities with TradeSmart
Customer Service Compare SBICAP Securities TradeSmart
24/7 Customer Service SBICAP Securities vs TradeSmart - 24x7 customer support No No
Email Support SBICAP Securities vs TradeSmart - Email Support Yes Yes
Onine Live Chat SBICAP Securities vs TradeSmart - Onine Live Chat No Yes
Phone Support SBICAP Securities vs TradeSmart - Phone Support Yes Yes
Toll Free Number SBICAP Securities vs TradeSmart - Toll Free Number Yes No
Through Branches SBICAP Securities vs TradeSmart - Through Branches Yes No
Customer Care Number SBICAP Securities vs TradeSmart - Customer Care Number 022 6854 5555 022 61208000
Account Opening Process SBICAP Securities vs TradeSmart - Account Opening Process Offline Online/Paperless
Customer Support Email SBICAP Securities vs TradeSmart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SBICAP Securities vs TradeSmart - Knowledge Center/Education https://www.sbismart.com/education https://help.tradesmartonline.in/
Head Office Address SBICAP Securities vs TradeSmart - Head Office Address/Corporate Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website SBICAP Securities vs TradeSmart - Company Website https://www.sbismart.com https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare SBICAP Securities vs TradeSmart on Research Reports, Tips

Compare SBICAP Securities with TradeSmart on research reports and tips provided by the broker.

Research Reports - Compare SBICAP Securities with TradeSmart
  SBICAP Securities TradeSmart
Research Mutual Funds SBICAP Securities vs TradeSmart - Research Mutual Funds Yes No
Research Equity Reports SBICAP Securities vs TradeSmart - Research Equity Reports Yes No
Research ETF SBICAP Securities vs TradeSmart - Research ETF Yes No
Daily Market Report SBICAP Securities vs TradeSmart - Daily Market Report Yes No
Free Tips SBICAP Securities vs TradeSmart - Free Tips Yes No
Quarterly Result Analysis SBICAP Securities vs TradeSmart - Quarterly Results Yes No
News Alerts SBICAP Securities vs TradeSmart - Yes No
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Demat Account

Compare SBICAP Securities vs TradeSmart on Demat Account

Compare SBICAP Securities with TradeSmart on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for TradeSmart is ₹300 pa where for SBICAP Securities is ₹500.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) where for TradeSmart is ₹25.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare SBICAP Securities with TradeSmart
  SBICAP Securities TradeSmart
DP Source CDSL CDSL
DP ID SBICAP Securities vs TradeSmart - DP ID 19300 30400
Demat Account Annual Maintenance Charges(AMC) ₹500 ₹300 pa
Advance Deposit 0 for all NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹25
Demat ₹5 per certificate + ₹35 courier charges ₹500 per certificate (Min ₹500 per request)
Remat ₹35 per certificate + CDSL Charges ₹500 per certificate (Min ₹500 per request)
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹200 per script
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹200 per script
Failed Instruction Charges ₹10 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs TradeSmart on Special Offers and Promotion

Compare SBICAP Securities with TradeSmart on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare SBICAP Securities vs TradeSmart on Special Offers and Promotion
  SBICAP Securities TradeSmart
Pay In and Pay Out Options SBICAP Securities vs TradeSmart - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time SBICAP Securities vs TradeSmart - Payout Time Upto 24 Hrs except Bank Holidays. Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges SBICAP Securities vs TradeSmart - Bank Supported and Charges Direct to SBI Bank. Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.
Bank Detail Direct to SBI bank account VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Likes
  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

Detail Review...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

Detail Review...

Dislikes
  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-13T02:35:55+00:00