Compare 3 Brokers

TradeSmart Vs India Infoline (IIFL): Which one is better?

The brokerage of TradeSmart Max Rs 15 per trade while the brokerage of India Infoline (IIFL) ranges between .05 to .5%. TradeSmart is a Discount Broker where India Infoline (IIFL) is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5.

Here we present side-by-side comparison of TradeSmart vs India Infoline (IIFL) 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 India Infoline (IIFL)'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.

Compare TradeSmart vs India Infoline (IIFL) on Service

  TradeSmart Compare
TradeSmart
India Infoline (IIFL) Compare
India Infoline (IIFL)
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 NSE, BSE, MCX, NCDEX
Broker Overview TradeSmart, on the whole, provides clients a well-rounded offering worth being a client for, especially with its mix of brokerage plan choice (flat fee or percentage based), secure & fast trading tools and active customer support. IIFL empowers you with cutting-edge technology , world-renowned research reports, finest trading platform: Trader Terminal,online IPO investment, portfolio management services and so on for successful investment and trading comforts.
Broker Enquiry Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you. Open an Online Trading Account with India Infoline (IIFL). Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare TradeSmart vs India Infoline (IIFL) on Trading & Demat Account Opening Charges

In this section we have compared TradeSmart with India Infoline (IIFL) on trading & demat account opening charges and AMC. Trading account opening charges - TradeSmart charges Rs 200 for account opening where India Infoline (IIFL) charges Rs 750 for account opeing. Demat AMC charges - Both brokers charges Rs 300 PA AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare TradeSmart with India Infoline (IIFL)
Charges TradeSmart India Infoline (IIFL)
Trading Account Opening Fees Rs 200 Rs 750
Trading AMC Free Free
Demat Account Opening Fees Rs 200 Rs 555
Demat AMC Rs 300 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare TradeSmart vs India Infoline (IIFL) on Plan Options

Plans are the most important feature you look when compare TradeSmart with India Infoline (IIFL). This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart provide Multiple Plans where India Infoline (IIFL) doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

Compare TradeSmart with India Infoline (IIFL) on Plan Options
Plan Types TradeSmart India Infoline (IIFL)
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  TradeSmart India Infoline (IIFL)
Account Opening Request
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Brokerage Charges

Compare TradeSmart vs India Infoline (IIFL) 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.

India Infoline (IIFL) Brokerage Plan detail - This is a standard plan by IIFL.This is % based brokerage plan.Brokerage is between .05% to .5%, which is 5 paisa to 50 paisa.

Brokerage Charges - Compare TradeSmart with India Infoline (IIFL)
Brokerage Charges Compare TradeSmart India Infoline (IIFL)
Plan Name Flat Fee Rs 15 Trading Plan (Power Plan) Standard Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 15 0.5% or 50 paisa
Equity Intraday Flat Fee Rs 15 0.05% or 5 paisa
Equity Futures Flat Fee Rs 15 0.05% or 5 paisa
Equity Options Flat Fee Rs 15 1% of Premium or Rs 100 per lot whichever is high
Currency Futures Flat Fee Rs 15 0.05% or 5 paisa
Currency Options Flat Fee Rs 15 1% of Premium or Rs 100 per lot whichever is high
Commodity Trading Flat Fee Rs 15 0.05% or 5 paisa
Minimum Brokerage NIL Minimum Rs 25
Hidden Charges No Info Not Available
Funding No Yes - 18% interest PA
Call & Trade Charges Rs 20 per executed Order Rs 50 Per Call + GST
Brokerage Calculator Brokerage Calculator for TradeSmart Brokerage Calculator for India Infoline (IIFL)
SPAN Margin Calculator SPAN Margin Calculator for TradeSmart SPAN Margin Calculator for India Infoline (IIFL)
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Share Broker's Transaction Charges

Compare TradeSmart vs India Infoline (IIFL) on Transaction Charges

Compare TradeSmart with India Infoline (IIFL) on transaction charges and PCM fee by segment.

Transaction Charges - Compare TradeSmart with India Infoline (IIFL)
Transaction Charges Compare TradeSmart India Infoline (IIFL)
Equity Delivery Rs 350 Per Cr Rs 325 Per Cr
Equity Intraday Rs 350 Per Cr Rs 325 Per Cr
Equity Futures Rs 240 Per Cr Rs 190 Per Cr
Equity Options Rs 7150 Per Cr Rs 5000 Per Cr
Currency Futures Rs 165 Per Cr Rs 110 Per Cr
Currency Options Rs 6000 Per Cr Rs 4000 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 iifl-online-5paisa
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Account Features

Compare TradeSmart vs India Infoline (IIFL) on Account Features

Compare TradeSmart with India Infoline (IIFL) 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 India Infoline (IIFL) doesn't offers Algo Trading. Margin Funding - India Infoline (IIFL) offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - India Infoline (IIFL) offers NRI where TradeSmart doesn't offers NRI Trading.

Account Features - TradeSmart with India Infoline (IIFL)
Account Features Compare TradeSmart India Infoline (IIFL)
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 No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
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 India Infoline (IIFL) on Trading Platform

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

Trading Platform - Compare TradeSmart with India Infoline (IIFL)
Trading Platform Compare TradeSmart India Infoline (IIFL)
Desktop Trading Platform NEST Trader & Fox Trader IIFL Trader terminal
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://sine.tradesmartonline.in/userMaster/login https://ttweb.indiainfoline.com
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sine IIFL Markets
Mobile Trading App Demo Sine Demo IIFL Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod Sine Download Andriod IIFL Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sine Download iOS IIFL Markets 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 India Infoline (IIFL)
Futures Brokerage Calculator Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for India Infoline (IIFL)
Options Brokerage Calculator Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for India Infoline (IIFL)
Detail Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for iifl-online-5paisa

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Broker Ratings by Users

Compare TradeSmart vs India Infoline (IIFL) on User Rating

  TradeSmart India Infoline (IIFL)
  34 Customer Reviews    Rate TradeSmart 81 Customer Reviews    Rate India Infoline (IIFL)
Fees Ratings 3.9 3.1
Trading Brokerage Rating 4.4 2.9
Trading Platform Usability 3.7 3.4
Customer Service Ratings 4.0 2.9
Overall Ratings Rated 4.0 stars Rated 2.8 stars
Broker Rating TradeSmart is Rated 4.0 / 5 based on 34 customer reviews India Infoline (IIFL) is Rated 2.8 / 5 based on 81 customer reviews
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Investment Offerings

Compare TradeSmart vs India Infoline (IIFL) on Investment Offerings

Compare TradeSmart with India Infoline (IIFL) 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - India Infoline (IIFL) offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - India Infoline (IIFL) provides PMS Service where TradeSmart doesn't offer

Investment Offerings - Compare TradeSmart with India Infoline (IIFL)
Investment Offerings Compare TradeSmart India Infoline (IIFL)
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 Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare TradeSmart vs India Infoline (IIFL) on Order Types

Order Type - Compare TradeSmart with India Infoline (IIFL) on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle 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) 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 India Infoline (IIFL) 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 facility. The orders are send to exchange on the next trading day. GTC Orders- India Infoline (IIFL) offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare TradeSmart with India Infoline (IIFL)
Order Type Compare TradeSmart India Infoline (IIFL)
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Margin/Leverage

Compare TradeSmart vs India Infoline (IIFL) on Margin/Leverage

Comapre TradeSmart with India Infoline (IIFL) on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare TradeSmart with India Infoline (IIFL)
Margin Product Compare TradeSmart India Infoline (IIFL)
Equity Delivery Margin TradeSmart vs India Infoline (IIFL) - Equity Delivery Margin Up to 1x Margin on Equity Delivery. No Delivery margin.
Equity Intraday Margin TradeSmart vs India Infoline (IIFL) - Equity Intraday Margin Up to 10x leverage for equity intraday. Upto 5x leverage for equity.
Futures Margin TradeSmart vs India Infoline (IIFL) - Futures Margin Up to 3x leverage for equity futures intraday (MIS). Upto 2x leverage for futures.
Options Margin TradeSmart vs India Infoline (IIFL) - Options Margin Up to 3x for Index options selling, no leverage on options buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin TradeSmart vs India Infoline (IIFL) - Equity CO Margin Up to 30x leverage for equity CO. Upto 15x margin/leverage in CO order for selected equity scripts via Trader Multiple Option.
Futures CO Margin TradeSmart vs India Infoline (IIFL) - Futures CO Margin Up to 7x leverage on equity/Index futures CO. Upto 25x margin/leverage in CO order for Futures contracts via Trader Multiple Option.
Options CO Margin TradeSmart vs India Infoline (IIFL) - Options CO Margin Up to 7x leverage on options selling and 1.33x for options buying via CO. Info Not Available
Commodity Margin TradeSmart vs India Infoline (IIFL) - Commodity Margin Up to 2x on commodity MIS, and up to 6x for CO. Info Not Available
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Customer Service Offered

Compare TradeSmart vs India Infoline (IIFL) on Customer Service

Compare TradeSmart with India Infoline (IIFL) on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare TradeSmart with India Infoline (IIFL)
Customer Service Compare TradeSmart India Infoline (IIFL)
24/7 Customer Service TradeSmart vs India Infoline (IIFL) - 24x7 customer support No No
Email Support TradeSmart vs India Infoline (IIFL) - Email Support Yes Yes
Onine Live Chat TradeSmart vs India Infoline (IIFL) - Onine Live Chat Yes No
Phone Support TradeSmart vs India Infoline (IIFL) - Phone Support Yes Yes
Toll Free Number TradeSmart vs India Infoline (IIFL) - Toll Free Number No No
Through Branches TradeSmart vs India Infoline (IIFL) - Through Branches No Yes
Customer Care Number TradeSmart vs India Infoline (IIFL) - Customer Care Number 022 61208000/42878000 022-40071000
Account Opening Process TradeSmart vs India Infoline (IIFL) - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email TradeSmart vs India Infoline (IIFL) - Customer Support Email s[email protected] [email protected]
Knowledge Center/Education TradeSmart vs India Infoline (IIFL) - Knowledge Center/Education https://help.tradesmartonline.in/ https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx
Head Office Address TradeSmart vs India Infoline (IIFL) - Head Office Address/Corporate Address Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Website TradeSmart vs India Infoline (IIFL) - Company Website https://tradesmartonline.in/ https://www.indiainfoline.com/
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Tips/Research/Reports Published

Compare TradeSmart vs India Infoline (IIFL) on Research Reports, Tips

Compare TradeSmart with India Infoline (IIFL) on research reports and tips provided by broker.

Research Reports - Compare TradeSmart with India Infoline (IIFL)
  TradeSmart India Infoline (IIFL)
Research Mutual Funds TradeSmart vs India Infoline (IIFL) - Research Mutual Funds No Yes
Research Equity Reports TradeSmart vs India Infoline (IIFL) - Research Equity Reports No Yes
Research ETF TradeSmart vs India Infoline (IIFL) - Research ETF No Yes
Daily Market Report TradeSmart vs India Infoline (IIFL) - Daily Market Report No Yes
Free Tips TradeSmart vs India Infoline (IIFL) - Free Tips No Yes
Quarterly Result Analysis TradeSmart vs India Infoline (IIFL) - Quarterly Results No Yes
News Alerts TradeSmart vs India Infoline (IIFL) - No Yes
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Demat Account

Compare TradeSmart vs India Infoline (IIFL) on Demat Account

Compare TradeSmart with India Infoline (IIFL) on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare TradeSmart with India Infoline (IIFL)
  TradeSmart India Infoline (IIFL)
DP Source CDSL CDSL
DP ID TradeSmart vs India Infoline (IIFL) - DP ID 30400 44700
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹400 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹25 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)
Demat ₹500 per certificate (Min ₹500 per request) ₹15 per certificate + ₹40 courier charges
Remat ₹500 per certificate (Min ₹500 per request) ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges
Pledge Creation ₹200 per script
₹50 for trading margin each side
₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹200 per script Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹200 per script Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare TradeSmart vs India Infoline (IIFL) on Special Offers and Promotion

Compare TradeSmart with India Infoline (IIFL) on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare TradeSmart vs India Infoline (IIFL) on Special Offers and Promotion
  TradeSmart India Infoline (IIFL)
Pay In and Pay Out Options TradeSmart vs India Infoline (IIFL) - 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 funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time TradeSmart vs India Infoline (IIFL) - Payout Time Up to 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999.
Bank Supported and Charges TradeSmart vs India Infoline (IIFL) - Bank Supported and Charges Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL 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
India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Likes
  • Time saver live-chat service with customers to resolve their queries.
  • Fair trading margins available for trading in currency and commodity.
  • Support “Offer for Sale” (OFS).
  • NEST, one of the proven desktop trading platforms.

Detail Review...

  • Convenient single trading platform for all segments.
  • Single sign in for equity & commodity account.
  • Fast and proven IIFL Web Trade Terminal & IIFL Markets Mobile app.

Detail Review...

Dislikes
  • Lacking in-house research.
  • No online process to invest in IPO, FPO, Buyback.
  • Mutual Funds investment option is not available.
  • The process is not defined for NRI customers.
  • In-house trading platforms are missing.

Detail Review...

  • Fund transfer charges and minimum brokerage charges.
  • Multiple brokerage plan creates confusion.
  • Hidden charges here and there.

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time. Open IIFL Demat & Trading Account Free - Zero A/c Opening Charge & 1st year AMC waived off (save up to Rs. 1150).
Enquiry Enquire about TradeSmart Enquire about India Infoline (IIFL)

Last Updated on 2019-07-23T02:08:46+00:00







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