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TradeSmart Vs Alice Blue: 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 Alice Blue Max Rs 15 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 Alice Blue is 1,63,442 where number of active customer for TradeSmart is 29,081. Alice Blue is serving more customer compare to TradeSmart.

Here we present side-by-side comparison of TradeSmart vs Alice Blue 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 Alice Blue'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 Alice Blue 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 Alice Blue'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 Alice Blue on Service

  TradeSmart Compare
TradeSmart
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 29,081 1,63,442
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. Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry Request call back from Zerodha Request call back from Alice Blue
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Account Opening Charges and AMC

Compare TradeSmart vs Alice Blue on Trading & Demat Account Opening Charges

Comparison of TradeSmart with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Alice Blue 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 Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare TradeSmart with Alice Blue
Charges TradeSmart Alice Blue
Trading Account Opening Fees Rs 200 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 200 Free
Demat AMC Rs 300 PA Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare TradeSmart vs Alice Blue on Plan Options

Plans are the most important feature you look when compare TradeSmart with Alice Blue. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Zerodha Alice Blue
Account Opening Request
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Brokerage Charges

Compare TradeSmart vs Alice Blue 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.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare TradeSmart with Alice Blue
Brokerage Charges Compare TradeSmart Alice Blue
Plan Name Flat Fee Rs 15 Trading Plan (Power Plan) F15 Plan
Equity Delivery Flat Fee Rs 15 Free
Equity Intraday Flat Fee Rs 15 0.05% or Rs 15 whichever is lower
Equity Futures Flat Fee Rs 15 0.05% or Rs 15 whichever is lower
Equity Options Flat Fee Rs 15 Flat Fee Rs 15
Currency Futures Flat Fee Rs 15 0.05% or Rs 15 whichever is lower
Currency Options Flat Fee Rs 15 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 15 Flat Fee Rs 15
Minimum Brokerage NIL NA
Hidden Charges No No
Funding No Yes - 24% interest PA
Call & Trade Charges Rs 20 per executed Order Rs 50 per order + GST
Auto Square off Charges Rs 20 per executed Order Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for TradeSmart Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare TradeSmart vs Alice Blue on Transaction Charges

Compare TradeSmart with Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare TradeSmart with Alice Blue
Transaction Charges Compare TradeSmart Alice Blue
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for alice-blue
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Account Features

Compare TradeSmart vs Alice Blue on Account Features

Compare TradeSmart with Alice Blue 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 - Both broker dont have a margin funding facility. NRI Trading - Alice Blue offers NRI where TradeSmart doesn't offers NRI Trading.

Account Features - TradeSmart with Alice Blue
Account Features Compare TradeSmart Alice Blue
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 No
Online Demo Yes No
Online Portfolio No No
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare TradeSmart vs Alice Blue on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart and Alice Blue. 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 Alice Blue
Trading Platform Compare TradeSmart Alice Blue
Desktop Trading Platform NEST Trader & Fox Trader ANT - Analyse and Trade
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
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sine ANT Mobile
Mobile Trading App Demo Sine Demo ANT Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Sine Download Andriod ANT Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sine Download iOS ANT Mobile 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 Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare TradeSmart vs Alice Blue on User Rating

  TradeSmart Alice Blue
  34 Customer Reviews    Rate TradeSmart 8 Customer Reviews    Rate Alice Blue
Fees Ratings 3.9 2.6
Trading Brokerage Rating 4.4 3.4
Trading Platform Usability 3.7 2.4
Customer Service Ratings 4.0 2.6
Overall Ratings 4.0 2.1
Broker Rating TradeSmart is Rated 4.0 / 5 based on 34 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews
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Investment Offerings

Compare TradeSmart vs Alice Blue on Investment Offerings

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

Compare TradeSmart vs Alice Blue on Order Types

Order Type - Compare TradeSmart with Alice Blue 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- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare TradeSmart with Alice Blue
Order Type Compare TradeSmart Alice Blue
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 No No
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Customer Service Offered

Compare TradeSmart vs Alice Blue on Customer Service

Compare TradeSmart with Alice Blue 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 Alice Blue
Customer Service Compare TradeSmart Alice Blue
24/7 Customer Service TradeSmart vs Alice Blue - 24x7 customer support No No
Email Support TradeSmart vs Alice Blue - Email Support Yes No
Onine Live Chat TradeSmart vs Alice Blue - Onine Live Chat Yes Yes
Phone Support TradeSmart vs Alice Blue - Phone Support Yes Yes
Toll Free Number TradeSmart vs Alice Blue - Toll Free Number No No
Through Branches TradeSmart vs Alice Blue - Through Branches No Yes
Customer Care Number TradeSmart vs Alice Blue - Customer Care Number 022 61208000 08035215000/080-45490850
Account Opening Process TradeSmart vs Alice Blue - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email TradeSmart vs Alice Blue - Customer Support Email [email protected] [email protected]
Knowledge Center/Education TradeSmart vs Alice Blue - Knowledge Center/Education https://help.tradesmartonline.in/ https://tradeschool.aliceblueonline.com/
Head Office Address TradeSmart vs Alice Blue - Head Office Address/Corporate Address Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website TradeSmart vs Alice Blue - Company Website https://tradesmartonline.in/ https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare TradeSmart vs Alice Blue on Research Reports, Tips

Compare TradeSmart with Alice Blue on research reports and tips provided by the broker.

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

Compare TradeSmart vs Alice Blue on Demat Account

Compare TradeSmart with Alice Blue 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 Alice Blue is ₹400 pa 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 Alice Blue is 0.04% of the value of the transaction.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 Alice Blue
  TradeSmart Alice Blue
DP Source CDSL CDSL
DP ID TradeSmart vs Alice Blue - DP ID 30400 83500
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹400 pa
Advance Deposit NIL Rs 0
Statutory charges Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹25 0.04% of the value of the transaction
Demat ₹500 per certificate (Min ₹500 per request) ₹10 per certificate + ₹50 courier charges
Remat ₹500 per certificate (Min ₹500 per request) ₹30 per certificate + CDSL charges
Pledge Creation ₹200 per script
₹50 for trading margin each side
₹20 + CDSL charges
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹200 per script ₹20 + CDSL charges
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹200 per script ₹20 + CDSL charges
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare TradeSmart vs Alice Blue on Special Offers and Promotion

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

Compare TradeSmart vs Alice Blue on Special Offers and Promotion
  TradeSmart Alice Blue
Pay In and Pay Out Options TradeSmart vs Alice Blue - 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, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time TradeSmart vs Alice Blue - Payout Time Up to 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges TradeSmart vs Alice Blue - Bank Supported and Charges Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
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
Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
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...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

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...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

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

Last Updated on 2023-09-01T03:17:59+00:00