Compare 3 Brokers

Sharekhan Vs TradeSmart: Which one is better?

The brokerage of Sharekhan Max 0.1 to 0.5% per trade while the brokerage of TradeSmart ranges between Rs 15. Sharekhan 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.

Here we present side-by-side comparison of Sharekhan 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 Sharekhan 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.

Compare Sharekhan vs TradeSmart on Service

  Sharekhan Compare
Sharekhan
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? BSE, NSE, MCX, NCDEX, NSEL BSE, NSE, MCX, NCDEX
Broker Overview Sharekhan not just allows you to trade in all the market segments but also offers finest services like investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much ... Know more about Sharekhan 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.
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Sharekhan vs TradeSmart on Trading & Demat Account Opening Charges

In this section we have compared Sharekhan with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - Sharekhan charges Rs 400 PA (Waived for 1st year) AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan with TradeSmart
Charges Sharekhan TradeSmart
Trading Account Opening Fees Free Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 200
Demat AMC Rs 400 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sharekhan vs TradeSmart on Plan Options

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

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

Account Opening

  Sharekhan TradeSmart
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs TradeSmart on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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 Sharekhan with TradeSmart
Brokerage Charges Compare Sharekhan TradeSmart
Plan Name Classic Trading Plan (Percentage Based) Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery 0.5% or 50 paisa Flat Fee Rs 15
Equity Intraday 0.1% or 10 paisa Flat Fee Rs 15
Equity Futures 0.1% or 10 paisa Flat Fee Rs 15
Equity Options 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 15
Currency Futures 0.1% or 10 paisa Flat Fee Rs 15
Currency Options 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 15
Commodity Trading 0.1% or 10 paisa Flat Fee Rs 15
Minimum Brokerage Rs 20 NIL
Hidden Charges No No
Funding Yes - 18% interest PA No
Call & Trade Charges Free Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for TradeSmart
SPAN Margin Calculator SPAN Margin Calculator for Sharekhan SPAN Margin Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare Sharekhan vs TradeSmart on Transaction Charges

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

Transaction Charges - Compare Sharekhan with TradeSmart
Transaction Charges Compare Sharekhan TradeSmart
Equity Delivery Rs 325 Per Cr Rs 350 Per Cr
Equity Intraday Rs 325 Per Cr Rs 350 Per Cr
Equity Futures Rs 190 Per Cr Rs 240 Per Cr
Equity Options Rs 5000 Per Cr Rs 7150 Per Cr
Currency Futures Rs 100 Per Cr Rs 165 Per Cr
Currency Options Rs 4000 Per Cr Rs 6000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for trade-smart-online
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Account Features

Compare Sharekhan vs TradeSmart on Account Features

Compare Sharekhan with TradeSmart 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 Sharekhan doesn't offers Algo Trading. Margin Funding - Sharekhan offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Sharekhan offers NRI where TradeSmart doesn't offers NRI Trading.

Account Features - Sharekhan with TradeSmart
Account Features Compare Sharekhan TradeSmart
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. No Sharekhan 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 Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Sharekhan vs TradeSmart on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan and TradeSmart. 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 Sharekhan with TradeSmart
Trading Platform Compare Sharekhan TradeSmart
Desktop Trading Platform TradeTiger 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://www.sharekhan.com/ https://sine.tradesmartonline.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sharekhan Sine
Mobile Trading App Demo Sharekhan Demo Sine Demo
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod Sine Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sharekhan 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 Sharekhan Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare Sharekhan vs TradeSmart on User Rating

  Sharekhan TradeSmart
  177 Customer Reviews    Rate Sharekhan 34 Customer Reviews    Rate TradeSmart
Fees Ratings 3.2 3.9
Trading Brokerage Rating 3.1 4.4
Trading Platform Usability 3.9 3.7
Customer Service Ratings 3.5 4.0
Overall Ratings Rated 3.6 stars Rated 4.0 stars
Broker Rating Sharekhan is Rated 3.6 / 5 based on 177 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare Sharekhan vs TradeSmart on Investment Offerings

Compare Sharekhan 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 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 - Sharekhan offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - Sharekhan provide PMS Service where TradeSmart doesn't offer

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

Compare Sharekhan vs TradeSmart on Order Types

Order Type - Compare Sharekhan with TradeSmart 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) - both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. 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- Sharekhan offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.

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

Compare Sharekhan vs TradeSmart on Margin/Leverage

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

Compare Sharekhan vs TradeSmart on Customer Service

Compare Sharekhan with TradeSmart 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 Sharekhan with TradeSmart
Customer Service Compare Sharekhan TradeSmart
24/7 Customer Service Sharekhan vs TradeSmart - 24x7 customer support No No
Email Support Sharekhan vs TradeSmart - Email Support Yes Yes
Onine Live Chat Sharekhan vs TradeSmart - Onine Live Chat Yes Yes
Phone Support Sharekhan vs TradeSmart - Phone Support Yes Yes
Toll Free Number Sharekhan vs TradeSmart - Toll Free Number Yes No
Through Branches Sharekhan vs TradeSmart - Through Branches Yes No
Customer Care Number Sharekhan vs TradeSmart - Customer Care Number 1800227500 022 61208000/42878000
Account Opening Process Sharekhan vs TradeSmart - Account Opening Process Offline Online/Paperless
Customer Support Email Sharekhan vs TradeSmart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Sharekhan vs TradeSmart - Knowledge Center/Education https://www.sharekhan.com/help/hello https://help.tradesmartonline.in/
Head Office Address Sharekhan vs TradeSmart - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website Sharekhan vs TradeSmart - Company Website https://www.sharekhan.com https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare Sharekhan vs TradeSmart on Research Reports, Tips

Compare Sharekhan with TradeSmart on research reports and tips provided by broker.

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

Compare Sharekhan vs TradeSmart on Demat Account

Compare Sharekhan with TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Sharekhan with TradeSmart
  Sharekhan TradeSmart
DP Source CDSL CDSL
DP ID Sharekhan vs TradeSmart - DP ID 36000 30400
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹300 pa
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) NIL
Statutory charges Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹25
Demat ₹5 per certificate (Min 50 per request) ₹500 per certificate (Min ₹500 per request)
Remat ₹50 per certificate or ₹50 for every hundred securities ₹500 per certificate (Min ₹500 per request)
Pledge Creation 0.03% (Min ₹100) ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil ₹200 per script
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil ₹200 per script
Failed Instruction Charges Nil Nil
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil

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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs TradeSmart on Special Offers and Promotion

Compare Sharekhan with TradeSmart on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Sharekhan vs TradeSmart on Special Offers and Promotion
  Sharekhan TradeSmart
Pay In and Pay Out Options Sharekhan vs TradeSmart - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
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 Sharekhan vs TradeSmart - Payout Time Max 24 hrs except bank holidays Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges Sharekhan vs TradeSmart - Bank Supported and Charges Info Not Available Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
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
  • Free call and trade facility.
  • Most powerful and robust trading terminal-'Trade Tiger'.
  • Share transfer from and to the DP account is free.
  • Huge network.
  • Supports commodity trading.

Detail Review...

  • 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...

Dislikes
  • Doesn't offer 3-in-1 account.
  • Minimum brokerage charges which makes it difficult to trade in penny stocks.
  • High brokerage so not well fit for day traders.
  • Classic account doesn't facilitate to trade in commodities.
  • 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...

Special Offers/Promo Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time. Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Enquire about Sharekhan Enquire about TradeSmart

Last Updated on 2019-07-08T23:57:42+00:00







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