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TradeSmart Vs Mangal Keshav: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of TradeSmart Max Rs 15 per trade while the brokerage of Mangal Keshav ranges between 0.03% to 0.30%. TradeSmart is a Discount Broker where Mangal Keshav is a Full Service Broker. TradeSmart is having overall higher rating compare to Mangal Keshav. TradeSmart is rated 4 out of 5 where Mangal Keshav is rated only 3 out of 5. Number of active customer for TradeSmart is 29,627 where number of active customer for Mangal Keshav is 7,062. TradeSmart is serving more customer compare to Mangal Keshav.

Here we present side-by-side comparison of TradeSmart vs Mangal Keshav share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared TradeSmart vs Mangal Keshav'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 TradeSmart vs Mangal Keshav share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared TradeSmart vs Mangal Keshav'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 TradeSmart vs Mangal Keshav on Service

  TradeSmart Compare
TradeSmart
Mangal Keshav Compare
Mangal Keshav
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 29,627 7,062
Broker Overview 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. Mangal Keshav being an active member of BSE since 1939 is one of the oldest stock broking houses in India. Multi-product avenues, all types of trading platforms (web, app, and desktop software), research-driven tips & advisory, portfolio manageme...Know more about Mangal Keshav
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare TradeSmart vs Mangal Keshav on Trading & Demat Account Opening Charges

Comparison of TradeSmart with Mangal Keshav on trading & demat account opening charges and AMC. Trading account opening charges - Mangal Keshav offer Free account opening where TradeSmart charges Rs 200 for account opening. Demat AMC charges - TradeSmart charges Rs 300 PA AMC for Demat account where Mangal Keshav charges Rs 750 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare TradeSmart with Mangal Keshav
Charges TradeSmart Mangal Keshav
Trading Account Opening Fees Rs 200 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 200 Free
Demat AMC Rs 300 PA Rs 750 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare TradeSmart vs Mangal Keshav on Plan Options

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

Compare TradeSmart with Mangal Keshav on Plan Options
Plan Types TradeSmart Mangal Keshav
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening

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Brokerage Charges

Compare TradeSmart vs Mangal Keshav on Brokerage Charges

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.

Mangal Keshav Brokerage Plan detail - This is a standard plan by Mangal Keshav. This is a % based brokerage plan. Brokerage is between .03% to .30%, which is 3 paisa to 30 paise per 100 rs.

Brokerage Charges - Compare TradeSmart with Mangal Keshav
Brokerage Charges Compare TradeSmart Mangal Keshav
Plan Name Flat Fee Rs 15 Trading Plan (Power Plan) Standard Brokerage Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 15 0.30% or 30 paisa
Equity Intraday Flat Fee Rs 15 0.03% or 3 paisa
Equity Futures Flat Fee Rs 15 0.03% or 3 paisa
Equity Options Flat Fee Rs 15 Rs 100 Per Lot
Currency Futures Flat Fee Rs 15 0.03% or 3 paisa
Currency Options Flat Fee Rs 15 Rs 50 Per Lot
Commodity Trading Flat Fee Rs 15 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding No Info Not Available
Call & Trade Charges Rs 20 per executed Order NA
Auto Square off Charges Rs 20 per executed Order NA
Brokerage Calculator Brokerage Calculator for TradeSmart Brokerage Calculator for Mangal Keshav
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Share Broker's Transaction Charges

Compare TradeSmart vs Mangal Keshav on Transaction Charges

Compare TradeSmart with Mangal Keshav on transaction charges and PCM fee by segment.

Transaction Charges - Compare TradeSmart with Mangal Keshav
Transaction Charges Compare TradeSmart Mangal Keshav
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for mangal-keshav
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Account Features

Compare TradeSmart vs Mangal Keshav on Account Features

Compare TradeSmart with Mangal Keshav on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Mangal Keshav offers a margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Mangal Keshav offers NRI where TradeSmart doesn't offers NRI Trading.

Account Features - TradeSmart with Mangal Keshav
Account Features Compare TradeSmart Mangal Keshav
3 in 1 Account No TradeSmart have 2-in-1 account. Only Demate and Trading account. No TradeSmart have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare TradeSmart vs Mangal Keshav on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart and Mangal Keshav. 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 TradeSmart with Mangal Keshav
Trading Platform Compare TradeSmart Mangal Keshav
Desktop Trading Platform NEST Trader & Fox Trader Mangal Trader
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://sine.tradesmartonline.in/userMaster/login Mangal Keshav Web Trading Platform
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Sine Mangal Trader
Mobile Trading App Demo Sine Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Sine Download Andriod Mangal Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sine Download iOS Mangal Trader 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 TradeSmart Equity Intraday and Delivery Brokerage Calculator for Mangal Keshav
Futures Brokerage Calculator Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for Mangal Keshav
Options Brokerage Calculator Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for Mangal Keshav
Detail Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for mangal-keshav

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Broker Ratings by Users

Compare TradeSmart vs Mangal Keshav on User Rating

  TradeSmart Mangal Keshav
  34 Customer Reviews    Rate TradeSmart 1 Customer Reviews    Rate Mangal Keshav
Fees Ratings 3.9 5.0
Trading Brokerage Rating 4.4 5.0
Trading Platform Usability 3.7 4.0
Customer Service Ratings 4.0 4.0
Overall Ratings 4.0 5.0
Broker Rating TradeSmart is Rated 4.0 / 5 based on 34 customer reviews Mangal Keshav is Rated 5.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare TradeSmart vs Mangal Keshav on Investment Offerings

Compare TradeSmart with Mangal Keshav 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Mangal Keshav 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 TradeSmart with Mangal Keshav
Investment Offerings Compare TradeSmart Mangal Keshav
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare TradeSmart vs Mangal Keshav on Order Types

Order Type - Compare TradeSmart with Mangal Keshav 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) - TradeSmart provide Cover Orders (CO) where Mangal Keshav doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - TradeSmart provide Bracket Orders (BO) where Mangal Keshav doesn't offer.With the name its cleare 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 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- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare TradeSmart vs Mangal Keshav on Customer Service

Compare TradeSmart with Mangal Keshav 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 TradeSmart with Mangal Keshav
Customer Service Compare TradeSmart Mangal Keshav
24/7 Customer Service TradeSmart vs Mangal Keshav - 24x7 customer support No No
Email Support TradeSmart vs Mangal Keshav - Email Support Yes Yes
Onine Live Chat TradeSmart vs Mangal Keshav - Onine Live Chat Yes No
Phone Support TradeSmart vs Mangal Keshav - Phone Support Yes Yes
Toll Free Number TradeSmart vs Mangal Keshav - Toll Free Number No Yes
Through Branches TradeSmart vs Mangal Keshav - Through Branches No Yes
Customer Care Number TradeSmart vs Mangal Keshav - Customer Care Number 022 61208000 +91 22 6190 8000
Account Opening Process TradeSmart vs Mangal Keshav - Account Opening Process Online/Paperless Info Not Available
Customer Support Email TradeSmart vs Mangal Keshav - Customer Support Email [email protected] [email protected]
Knowledge Center/Education TradeSmart vs Mangal Keshav - Knowledge Center/Education https://help.tradesmartonline.in/ https://www.mangalkeshav.com/knowledge-panel
Head Office Address TradeSmart vs Mangal Keshav - Head Office Address/Corporate Address Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Info Not Available
Website TradeSmart vs Mangal Keshav - Company Website https://tradesmartonline.in/ https://www.mangalkeshav.com/
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Tips/Research/Reports Published

Compare TradeSmart vs Mangal Keshav on Research Reports, Tips

Compare TradeSmart with Mangal Keshav on research reports and tips provided by the broker.

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

Compare TradeSmart vs Mangal Keshav on Demat Account

Compare TradeSmart with Mangal Keshav 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 Mangal Keshav is ₹1000 Refundable deposit where for TradeSmart is ₹300 pa.

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 TradeSmart is ₹25 where for Mangal Keshav is 0.05% of transaction value (Min ₹100).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 TradeSmart with Mangal Keshav
  TradeSmart Mangal Keshav
DP Source CDSL CDSL
DP ID TradeSmart vs Mangal Keshav - DP ID 30400 No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹1000 Refundable deposit
Advance Deposit NIL Deposit Scheme ? Rs.1000/-, where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunded.
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹25 0.05% of transaction value (Min ₹100)
Demat ₹500 per certificate (Min ₹500 per request) ₹100 per certificate + ₹150 courier charges
Remat ₹500 per certificate (Min ₹500 per request) ₹100 per certificate + ₹150 courier charges + CDSL charges
Pledge Creation ₹200 per script
₹50 for trading margin each side
0.02% of transaction value + CDSL charges
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹200 per script 0.02% of transaction value + CDSL charges
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹200 per script 0.02% of transaction value + CDSL charges
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare TradeSmart vs Mangal Keshav on Special Offers and Promotion

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

Compare TradeSmart vs Mangal Keshav on Special Offers and Promotion
  TradeSmart Mangal Keshav
Pay In and Pay Out Options TradeSmart vs Mangal Keshav - Pay In and Pay Out Options 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.
Info Not Available
Payout Time TradeSmart vs Mangal Keshav - Payout Time Up to 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges TradeSmart vs Mangal Keshav - Bank Supported and Charges Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. Info Not Available
Bank Detail 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
Info Not Available
Likes

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...

  • Zero Demat account opening charges.
  • One stop for all trading & investment products & services.
  • Trade on mobile app, web, and desktop applications.
  • Robust back-office system.
  • Easy deposit and withdrawal process.
  • Invest in IPO and mutual funds.
  • Get tailor-made portfolio suggestions with PMS services.
  • Market analysis, micro & macro research, equity research, mutual funds research, etc.
  • Dedicated relationship manager (RM).
  • Margin Trading Facility (MTF) is available.
  • Knowledge panel and blogs for beginners.

Detail Review...

Dislikes

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...

  • Upfront Margin money is required in the trading account.
  • Does not offer a 3-in-1 account.
  • No direct mutual fund offerings.
  • Non-negotiable and non-transparent brokerage fee structure.
  • The brokerage fee is significantly higher than flat discount brokerage houses.
  • No Good till triggered (GTT) order feature.

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time.
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Last Updated on 2023-09-01T03:17:59+00:00