FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI. TradeSmart offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of TradeSmart Max Rs 15 per trade while the brokerage of Paytm Money Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Paytm Money is 8,02,146 where number of active customer for TradeSmart is 29,081. Paytm Money is serving more customer compare to TradeSmart.
Here we present side-by-side comparison of TradeSmart vs Paytm Money 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 Paytm Money'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 Paytm Money 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 Paytm Money's on
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.
Comparison of TradeSmart with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Paytm Money offer Free account opening where TradeSmart charges Rs 200 for account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.
Charges | TradeSmart | Paytm Money |
---|---|---|
Trading Account Opening Fees | Rs 200 | Free |
Trading AMC | Free | Rs 30 per month (Platform fees) |
Demat Account Opening Fees | Rs 200 | Free |
Demat AMC | Rs 300 PA | Free |
Provide DP Service |
Plans are the most important feature you look when compare TradeSmart with Paytm Money. This section compare on high level about type of plans offered by brokers. Multiple Plans - TradeSmart provide Multiple Plans where Paytm Money doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
Plan Types | TradeSmart | Paytm Money |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Zerodha | Paytm Money | |
---|---|---|
Account Opening Request |
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.
Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.
Brokerage Charges Compare | TradeSmart | Paytm Money |
---|---|---|
Plan Name | Flat Fee Rs 15 Trading Plan (Power Plan) | Flat Brokerage Plan |
Equity Delivery | Flat Fee Rs 15 | 2.5% or Rs 20 whichever is lower |
Equity Intraday | Flat Fee Rs 15 | 0.05% or Rs 20 whichever is lower |
Equity Futures | Flat Fee Rs 15 | 0.02% or Rs 20 whichever is lower |
Equity Options | Flat Fee Rs 15 | Flat Fee Rs 20 |
Currency Futures | Flat Fee Rs 15 | NA |
Currency Options | Flat Fee Rs 15 | NA |
Commodity Trading | Flat Fee Rs 15 | NA |
Minimum Brokerage | NIL | NIL |
Hidden Charges | No | No |
Funding | No | Info Not Available |
Call & Trade Charges | Rs 20 per executed Order | Rs 100/order +GST |
Auto Square off Charges | Rs 20 per executed Order | Rs 50/order + GST |
Brokerage Calculator | Brokerage Calculator for TradeSmart | Brokerage Calculator for Paytm Money |
Compare TradeSmart with Paytm Money on transaction charges and PCM fee by segment.
Transaction Charges Compare | TradeSmart | Paytm Money |
---|---|---|
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 | NA |
Brokerage Charges | Complete Brokerage Plans for trade-smart-online | Complete Brokerage Plans for paytm-money |
Compare TradeSmart with Paytm Money 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 - TradeSmart offers Algo Trading where Paytm Money doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - both doesn't offer NRI Trading facility.
Account Features Compare | TradeSmart | Paytm Money |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:15PM | 3:10 PM |
NRI Trading | ||
Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart and Paytm Money. 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 | Paytm Money |
---|---|---|
Desktop Trading Platform | NEST Trader & Fox Trader | Paytm Money |
Desktop Demo | Desktop Demo | Info Not Available |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://sine.tradesmartonline.in/userMaster/login | Paytm Money Web |
Web Trading Demo | Web Trading Demo | Web Trading Demo |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | Sine | Paytm Money App |
Mobile Trading App Demo | Sine Demo | Paytm Money App Demo |
Android Mobile App | ||
Android App Download | Andriod Sine Download | Andriod Paytm Money App Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS Sine Download | iOS Paytm Money App Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Rs. 30 per month |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for TradeSmart | Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
Futures Brokerage Calculator | Futures Brokerage Calculator for TradeSmart | Futures Brokerage Calculator for Paytm Money |
Options Brokerage Calculator | Options Brokerage Calculator for TradeSmart | Options Brokerage Calculator for Paytm Money |
Detail | Detail on Trading Platforms for trade-smart-online | Detail on Trading Platforms for paytm-money |
Compare TradeSmart with Paytm Money 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 Paytm Money doesn't offer. Online Mutual Fund Investment - Paytm Money 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 | Paytm Money |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | NIL | NIL |
Order Type - Compare TradeSmart with Paytm Money 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- Paytm Money offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | TradeSmart | Paytm Money |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare TradeSmart with Paytm Money 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 Service Compare | TradeSmart | Paytm Money |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 022 61208000 | Info Not Available |
Account Opening Process | Online/Paperless | Online/Paperless |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | https://help.tradesmartonline.in/ | https://www.paytmmoney.com/care |
Head Office Address | Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
Website | https://tradesmartonline.in/ | https://www.paytmmoney.com/ |
Compare TradeSmart with Paytm Money on research reports and tips provided by the broker.
Compare TradeSmart with Paytm Money 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 Paytm Money is Zero 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 Paytm Money is ₹10 per ISIN.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
Compare TradeSmart with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
TradeSmart | Paytm Money | |
---|---|---|
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. |
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Up to 24 Hrs except Bank Holidays. | Max 24 hrs except bank holidays |
Bank Supported and Charges | Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. | Paytm Money allows 190+ Banks. |
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?
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Dislikes |
There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
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Special Offers/Promo | Free Account Opening, Rs 400 Waived for a limited time. | |
Enquiry | Open Zerodha Account Now>> | Open Paytm Money Account Now>> |
Last Updated on 2023-09-01T03:17:59+00:00