The brokerage of TradeSmart Max Rs 15 per trade while the brokerage of Fyers 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.
Here we present side-by-side comparison of TradeSmart vs Fyers 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 Fyers'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.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||NSE|
|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.||Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment.|
In this section we have compared TradeSmart with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - TradeSmart charges Rs 300 PA AMC for Demat account where Fyers charges Rs 400 PA AMC for Demat account.
|Trading Account Opening Fees||Rs 200||Free|
|Demat Account Opening Fees||Rs 200||Free|
|Demat AMC||Rs 300 PA||Rs 400 PA|
|Provide DP Service|
Plans are the most important feature you look when compare TradeSmart with Fyers. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart provide Multiple Plans where Fyers doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.
|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.
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
|Brokerage Charges Compare||TradeSmart||Fyers|
|Plan Name||Flat Fee Rs 15 Trading Plan (Power Plan)||Max Rs 20 Per Order Trading Plan|
|Equity Delivery||Flat Fee Rs 15||Free|
|Equity Intraday||Flat Fee Rs 15||0.01% or Rs 20 whichever is lower|
|Equity Futures||Flat Fee Rs 15||0.01% or Rs 20 whichever is lower|
|Equity Options||Flat Fee Rs 15||Flat Fee Rs 20|
|Currency Futures||Flat Fee Rs 15||0.01% or Rs 20 whichever is lower|
|Currency Options||Flat Fee Rs 15||Flat Fee Rs 20|
|Commodity Trading||Flat Fee Rs 15||NA|
|Call & Trade Charges||Rs 20 per executed Order||Rs 20 Per Order|
|Brokerage Calculator||Brokerage Calculator for TradeSmart||Brokerage Calculator for Fyers|
|SPAN Margin Calculator||SPAN Margin Calculator for TradeSmart||SPAN Margin Calculator for Fyers|
Compare TradeSmart with Fyers on transaction charges and PCM fee by segment.
|Transaction Charges Compare||TradeSmart||Fyers|
|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 240 Per Cr|
|Equity Options||Rs 7150 Per Cr||Rs 5900 Per Cr|
|Currency Futures||Rs 165 Per Cr||Rs 175 Per Cr|
|Currency Options||Rs 6000 Per Cr||Rs 6500 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 fyers|
Compare TradeSmart with Fyers 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 tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - both brokers dont have margin funing facility. NRI Trading - both doesn't offer NRI Trading facility.
|Account Features Compare||TradeSmart||Fyers|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||NIL||Free Call & trade|
With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart and Fyers. 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||Fyers|
|Desktop Trading Platform||NEST Trader & Fox Trader||Fyers One|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://sine.tradesmartonline.in/userMaster/login||http://webtrader.fyers.in/userMaster/login|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Sine||Fyers Markets|
|Mobile Trading App Demo||Sine Demo||Fyers Markets Demo|
|Android Mobile App|
|Android App Download||Andriod Sine Download||Andriod Fyers Markets Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Sine Download||iOS Fyers Markets Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for TradeSmart||Equity Intraday and Delivery Brokerage Calculator for Fyers|
|Futures Brokerage Calculator||Futures Brokerage Calculator for TradeSmart||Futures Brokerage Calculator for Fyers|
|Options Brokerage Calculator||Options Brokerage Calculator for TradeSmart||Options Brokerage Calculator for Fyers|
|Detail||Detail on Trading Platforms for trade-smart-online||Detail on Trading Platforms for fyers|
|34 Customer Reviews||5 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||TradeSmart is Rated 4.0 / 5 based on 34 customer reviews||Fyers is Rated 3.8 / 5 based on 5 customer reviews|
Compare TradeSmart with Fyers 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 - TradeSmart offers trading options in Commodity (MCX) where Fyers doesn't offer. Online Mutual Fund Investment - Fyers 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||Fyers|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare TradeSmart with Fyers 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- Fyers offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||TradeSmart||Fyers|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre TradeSmart with Fyers 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.
|Margin Product Compare||TradeSmart||Fyers|
|Equity Delivery Margin||Up to 1x Margin on Equity Delivery.||No Margin/Leverage for Equity delivery.|
|Equity Intraday Margin||Up to 10x leverage for equity intraday.||Up to 16x leverage for equity.|
|Futures Margin||Up to 3x leverage for equity futures intraday (MIS).||Up to 4x leverage for equity futures.|
|Options Margin||Up to 3x for Index options selling, no leverage on options buying.||Up to 4x for options selling and 1.3x for options buying.|
|Equity CO Margin||Up to 30x leverage for equity CO.||Up to 20x leverage for equity cover order.|
|Futures CO Margin||Up to 7x leverage on equity/Index futures CO.||Up to 33x leverage for future cover order.|
|Options CO Margin||Up to 7x leverage on options selling and 1.33x for options buying via CO.||Up to 33x leverage for options cover order.|
|Commodity Margin||Up to 2x on commodity MIS, and up to 6x for CO.||Info Not Available|
Compare TradeSmart with Fyers 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 Service Compare||TradeSmart||Fyers|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022 61208000/42878000||080 4625 1111|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Trade Smart Online,
Marol Maroshi Road,
Mumbai, MH 400059
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
Compare TradeSmart with Fyers on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare TradeSmart with Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details
|DP ID||30400||Info Not Available|
|Demat Account Annual Maintenance Charges(AMC)||Rs 300(Individual), Rs.800 (Corporate)||400 - Individual, 500 - Non Individual|
|Statutory charges||At Actual||NIL|
|Transaction Charges on Debit (Per ISIN)||Rs. 25 minimum or 0.02% which ever is higher.In case of BSDA Rs.50 or 0.02% whichever is higher.||Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]|
|Demat||Rs. 500 per certificate per market lot of 100 shares or less and minimum Rs. 500 per request.||2 per certificate + Rs.35 courier charges|
|Remat||Rs. 500 per certificate per market lot of 100 shares or less and minimum Rs. 500 per request.||Rs 25|
|Pledge Creation||Rs. 200 per scrip||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Creation Confirmation||Nil||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Closure||Rs. 200 per scrip||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Closure Confirmation||Nil||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Invocation||Rs. 200 minimum or 0.01% which ever is higher||0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually|
|Failed Instruction Charges||Nil||Rs 30 per transaction|
|Other Charges||Late instruction .1% scrip value, For requisitioning physical transaction statement Rs. 50 per BO statement plus courier charges||Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request|
Compare TradeSmart with Fyers on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|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 Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Up to 24 Hrs except Bank Holidays.||Upto 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.||21+ bank connected via payment gatway, Rs 10 fee for per transaction.|
|Bank Detail||VNS Finance and Capital Services Ltd.,
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
|Special Offers/Promo||Free Account Opening, Rs 400 Waived for a limited time.||Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.|
|Enquiry||Enquire about TradeSmart||Enquire about Fyers|
Last Updated on 2019-07-18T04:15:40+00:00