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TradeSmart Vs Indira Securities: 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 Indira Securities ranges between 0.01% to 0.10%. TradeSmart is a Discount Broker where Indira Securities is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for TradeSmart is 29,081 where number of active customer for Indira Securities is 8,801. TradeSmart is serving more customer compare to Indira Securities.

Here we present side-by-side comparison of TradeSmart vs Indira Securities 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 Indira Securities'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 Indira Securities 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 Indira Securities'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 Indira Securities on Service

  TradeSmart Compare
TradeSmart
Indira Securities Compare
Indira Securities
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
Active Clients 29,081 8,801
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. Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the...Know more about Indira Securities
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare TradeSmart vs Indira Securities on Trading & Demat Account Opening Charges

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

Trading & Demat Account Opening Charges - Compare TradeSmart with Indira Securities
Charges TradeSmart Indira Securities
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 Indira Securities on Plan Options

Plans are the most important feature you look when compare TradeSmart with Indira Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - TradeSmart provide Multiple Plans where Indira Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare TradeSmart vs Indira Securities 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.

Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.

Brokerage Charges - Compare TradeSmart with Indira Securities
Brokerage Charges Compare TradeSmart Indira Securities
Plan Name Flat Fee Rs 15 Trading Plan (Power Plan) Traditional Brokerage Plan
Equity Delivery Flat Fee Rs 15 0.10%
Equity Intraday Flat Fee Rs 15 0.01%
Equity Futures Flat Fee Rs 15 0.01%
Equity Options Flat Fee Rs 15 Rs. 25 per lot (both side)
Currency Futures Flat Fee Rs 15 Flat Fee Rs 20
Currency Options Flat Fee Rs 15 Futures: 0.01%|Options: Rs. 25 per lot (both side)
Commodity Trading Flat Fee Rs 15 Futures: 0.01%|Options: Rs. 25 per lot (both side)
Minimum Brokerage NIL NA
Hidden Charges No Info Not Available
Funding No Yes - 18% interest PA
Call & Trade Charges Rs 20 per executed Order Free
Auto Square off Charges Rs 20 per executed Order Free
Brokerage Calculator Brokerage Calculator for TradeSmart Brokerage Calculator for Indira Securities
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Share Broker's Transaction Charges

Compare TradeSmart vs Indira Securities on Transaction Charges

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

Transaction Charges - Compare TradeSmart with Indira Securities
Transaction Charges Compare TradeSmart Indira Securities
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 260| Agri Rs 600 Per Cr
Brokerage Charges Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for indira-securities
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Account Features

Compare TradeSmart vs Indira Securities on Account Features

Compare TradeSmart with Indira Securities 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 - Indira Securities offers a margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Indira Securities offers NRI where TradeSmart doesn't offers NRI Trading.

Account Features - TradeSmart with Indira Securities
Account Features Compare TradeSmart Indira Securities
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 Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes No
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 Indira Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart and Indira Securities. 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 Indira Securities
Trading Platform Compare TradeSmart Indira Securities
Desktop Trading Platform NEST Trader & Fox Trader ODIN Diet
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://www.indiratrade.com/trade-online
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sine TradeInsta
Mobile Trading App Demo Sine Demo TradeInsta Demo
Android Mobile App Yes Yes
Android App Download Andriod Sine Download Andriod TradeInsta Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sine Download iOS TradeInsta 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 Indira Securities
Futures Brokerage Calculator Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for Indira Securities
Options Brokerage Calculator Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for Indira Securities
Detail Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for indira-securities

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Broker Ratings by Users

Compare TradeSmart vs Indira Securities on User Rating

  TradeSmart Indira Securities
  34 Customer Reviews    Rate TradeSmart 1 Customer Reviews    Rate Indira Securities
Fees Ratings 3.9 2.0
Trading Brokerage Rating 4.4 4.0
Trading Platform Usability 3.7 2.0
Customer Service Ratings 4.0 2.0
Overall Ratings 4.0 3.0
Broker Rating TradeSmart is Rated 4.0 / 5 based on 34 customer reviews Indira Securities is Rated 3.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare TradeSmart vs Indira Securities on Investment Offerings

Compare TradeSmart with Indira Securities 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 - Indira Securities 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 Indira Securities
Investment Offerings Compare TradeSmart Indira Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds No Yes
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No Yes
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 Indira Securities on Order Types

Order Type - Compare TradeSmart with Indira Securities 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- Indira Securities offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare TradeSmart with Indira Securities
Order Type Compare TradeSmart Indira Securities
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 Yes
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Customer Service Offered

Compare TradeSmart vs Indira Securities on Customer Service

Compare TradeSmart with Indira Securities 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 Indira Securities
Customer Service Compare TradeSmart Indira Securities
24/7 Customer Service TradeSmart vs Indira Securities - 24x7 customer support No Yes
Email Support TradeSmart vs Indira Securities - Email Support Yes Yes
Onine Live Chat TradeSmart vs Indira Securities - Onine Live Chat Yes Yes
Phone Support TradeSmart vs Indira Securities - Phone Support Yes Yes
Toll Free Number TradeSmart vs Indira Securities - Toll Free Number No Yes
Through Branches TradeSmart vs Indira Securities - Through Branches No Yes
Customer Care Number TradeSmart vs Indira Securities - Customer Care Number 022 61208000 +91-(0)731-4797105/115/146
Account Opening Process TradeSmart vs Indira Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email TradeSmart vs Indira Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education TradeSmart vs Indira Securities - Knowledge Center/Education https://help.tradesmartonline.in/ https://www.indiratrade.com/blog
Head Office Address TradeSmart vs Indira Securities - Head Office Address/Corporate Address Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Website TradeSmart vs Indira Securities - Company Website https://tradesmartonline.in/ https://www.indiratrade.com/
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Tips/Research/Reports Published

Compare TradeSmart vs Indira Securities on Research Reports, Tips

Compare TradeSmart with Indira Securities on research reports and tips provided by the broker.

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

Compare TradeSmart vs Indira Securities on Demat Account

Compare TradeSmart with Indira Securities 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 Indira Securities is ₹450 pa (Second year onwards) 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 Indira Securities is ₹20 or 0.02% whichever is higher.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 Indira Securities
  TradeSmart Indira Securities
DP Source CDSL CDSL
DP ID TradeSmart vs Indira Securities - DP ID 30400 752000
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹450 pa (Second year onwards)
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹25 ₹20 or 0.02% whichever is higher
Demat ₹500 per certificate (Min ₹500 per request) ₹5 per certificate + ₹35 courier charges
Remat ₹500 per certificate (Min ₹500 per request) ₹50 per RRN
Pledge Creation ₹200 per script
₹50 for trading margin each side
₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹200 per script ₹50
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹200 per script ₹50 or 0.02% whichever is higher
Failed Instruction Charges Nil ₹25
Other Charges Nil Book Charges ₹20,POA Charges ₹130
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Special Offers,Advantages,Disadvantages

Compare TradeSmart vs Indira Securities on Special Offers and Promotion

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

Compare TradeSmart vs Indira Securities on Special Offers and Promotion
  TradeSmart Indira Securities
Pay In and Pay Out Options TradeSmart vs Indira Securities - 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 from TradeInsta.

Pay-out/Fund Withdrawal - Bank Transfer only

Payout Time TradeSmart vs Indira Securities - Payout Time Up to 24 Hrs except Bank Holidays.

Max 24 hrs except bank holidays

Bank Supported and Charges TradeSmart vs Indira Securities - Bank Supported and Charges Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.

Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).

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
HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
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 in shares, derivatives, commodities, and currencies.
  • Paperless account opening at zero charges.
  • Invest in mutual funds online.
  • Safe & secure trading platform; Trade Insta app and Trader Terminal.
  • Free stock trading tips, and research & advisory.
  • Automated trading and robotic advisory services.
  • Free call & trade
  • Place advance order like bracket order, cover order, after market order.
  • Refer & earn benefits.
  • Margin trading facility.

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...

  • 24*7 customer support is not available.
  • You cannot open a 3-in-1 account with Indira Securities.
  • It doesn’t facilitate NRI trading services.
  • High brokerage charges compared to other brokers.
  • MF Planet platform only provides regular mutual fund schemes.

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time. Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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