Compare 3 Brokers

TradeSmart Vs Karvy: Which one is better?

The brokerage of TradeSmart Max Rs 15 per trade while the brokerage of Karvy ranges between 0.03 to 0.3%. TradeSmart is a Discount Broker where Karvy 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 Karvy 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 Karvy'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 Karvy on Service

  TradeSmart Compare
TradeSmart
Karvy Compare
Karvy
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-SX,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. KSBL is one of the largest stock broking houses in India offering services in stock broking, depository participant, distribution of financial products, advisory and private client group. The Broker is well known for its leading edge advice and high ...Know more about Karvy
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 Karvy. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare TradeSmart vs Karvy on Trading & Demat Account Opening Charges

In this section we have compared TradeSmart with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Karvy 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 Karvy charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare TradeSmart with Karvy
Charges TradeSmart Karvy
Trading Account Opening Fees Rs 200 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 200 Free
Demat AMC Rs 300 PA Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare TradeSmart vs Karvy on Plan Options

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

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

Account Opening

  TradeSmart Karvy
Account Opening Request
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Brokerage Charges

Compare TradeSmart vs Karvy 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.

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

Brokerage Charges - Compare TradeSmart with Karvy
Brokerage Charges Compare TradeSmart Karvy
Plan Name Flat Fee Rs 15 Trading Plan (Power Plan) Basic Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 15 0.3% or 30 paisa
Equity Intraday Flat Fee Rs 15 0.03% or 3 paisa
Equity Futures Flat Fee Rs 15 0.03% or 3 paisa
Equity Options Flat Fee Rs 15 Rs 50 Per Lot
Currency Futures Flat Fee Rs 15 0.03% or 3 paisa
Currency Options Flat Fee Rs 15 Rs 50 Per Lot
Commodity Trading Flat Fee Rs 15 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding No Yes - 18% interest PA
Call & Trade Charges Rs 20 per executed Order Call 18004198283 number for Call and Trade, SMS Order faclity also available
Brokerage Calculator Brokerage Calculator for TradeSmart Brokerage Calculator for Karvy
SPAN Margin Calculator SPAN Margin Calculator for TradeSmart SPAN Margin Calculator for Karvy
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Share Broker's Transaction Charges

Compare TradeSmart vs Karvy on Transaction Charges

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

Transaction Charges - Compare TradeSmart with Karvy
Transaction Charges Compare TradeSmart Karvy
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 karvy
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Account Features

Compare TradeSmart vs Karvy on Account Features

Compare TradeSmart with Karvy 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 - TradeSmart with Karvy
Account Features Compare TradeSmart Karvy
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
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare TradeSmart vs Karvy on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart and Karvy. 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 Karvy
Trading Platform Compare TradeSmart Karvy
Desktop Trading Platform NEST Trader & Fox Trader Karvy NESTTrader
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://trade.karvyonline.com/KARVY/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sine KarvyOnline
Mobile Trading App Demo Sine Demo KarvyOnline Demo
Android Mobile App Yes Yes
Android App Download Andriod Sine Download Andriod KarvyOnline Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Sine Download iOS KarvyOnline Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for TradeSmart Equity Intraday and Delivery Brokerage Calculator for Karvy
Futures Brokerage Calculator Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for Karvy
Options Brokerage Calculator Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for Karvy
Detail Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for karvy

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Broker Ratings by Users

Compare TradeSmart vs Karvy on User Rating

  TradeSmart Karvy
  34 Customer Reviews    Rate TradeSmart 3 Customer Reviews    Rate Karvy
Fees Ratings 3.9 2.7
Trading Brokerage Rating 4.4 2.3
Trading Platform Usability 3.7 2.3
Customer Service Ratings 4.0 3.7
Overall Ratings Rated 4.0 stars Rated 2.7 stars
Broker Rating TradeSmart is Rated 4.0 / 5 based on 34 customer reviews Karvy is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare TradeSmart vs Karvy on Investment Offerings

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

Investment Offerings - Compare TradeSmart with Karvy
Investment Offerings Compare TradeSmart Karvy
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 Insurance
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Order Types

Compare TradeSmart vs Karvy on Order Types

Order Type - Compare TradeSmart with Karvy 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)- TradeSmart offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- both brokers doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare TradeSmart with Karvy
Order Type Compare TradeSmart Karvy
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 No
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare TradeSmart vs Karvy on Margin/Leverage

Comapre TradeSmart with Karvy 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 Karvy
Margin Product Compare TradeSmart Karvy
Equity Delivery Margin TradeSmart vs Karvy - Equity Delivery Margin Up to 1x Margin on Equity Delivery. Up to 4x leverage for equity delivery.
Equity Intraday Margin TradeSmart vs Karvy - Equity Intraday Margin Up to 10x leverage for equity intraday. Up to 13x leverage for equity.
Futures Margin TradeSmart vs Karvy - Futures Margin Up to 3x leverage for equity futures intraday (MIS). Up to 2x leverage for futures.
Options Margin TradeSmart vs Karvy - Options Margin Up to 3x for Index options selling, no leverage on options buying. 2x margin for options shorting, no leverage for option buying.
Equity CO Margin TradeSmart vs Karvy - Equity CO Margin Up to 30x leverage for equity CO. Up to 20x margin/leverage for equity CO for selected equity scripts.
Futures CO Margin TradeSmart vs Karvy - Futures CO Margin Up to 7x leverage on equity/Index futures CO. Up to 20x margin/leverage for future CO.
Options CO Margin TradeSmart vs Karvy - 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 Karvy - Commodity Margin Up to 2x on commodity MIS, and up to 6x for CO. Up to 30x margin/leverage for commodity trading.
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Customer Service Offered

Compare TradeSmart vs Karvy on Customer Service

Compare TradeSmart with Karvy 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 Karvy
Customer Service Compare TradeSmart Karvy
24/7 Customer Service TradeSmart vs Karvy - 24x7 customer support No No
Email Support TradeSmart vs Karvy - Email Support Yes Yes
Onine Live Chat TradeSmart vs Karvy - Onine Live Chat Yes No
Phone Support TradeSmart vs Karvy - Phone Support Yes Yes
Toll Free Number TradeSmart vs Karvy - Toll Free Number No Yes
Through Branches TradeSmart vs Karvy - Through Branches No Yes
Customer Care Number TradeSmart vs Karvy - Customer Care Number 022 61208000/42878000 18004198283/7093706007/18004198283
Account Opening Process TradeSmart vs Karvy - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email TradeSmart vs Karvy - Customer Support Email [email protected] [email protected]
Knowledge Center/Education TradeSmart vs Karvy - Knowledge Center/Education https://help.tradesmartonline.in/ https://www.karvyonline.com/knowledge-center/index
Head Office Address TradeSmart vs Karvy - Head Office Address/Corporate Address Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Website TradeSmart vs Karvy - Company Website https://tradesmartonline.in/ www.karvyonline.com
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Tips/Research/Reports Published

Compare TradeSmart vs Karvy on Research Reports, Tips

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

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

Compare TradeSmart vs Karvy on Demat Account

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

Demat Charges - Compare TradeSmart with Karvy
  TradeSmart Karvy
DP Source CDSL CDSL
DP ID TradeSmart vs Karvy - DP ID 30400 33200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹365 pa
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹25 ₹15 per transaction
Demat ₹500 per certificate (Min ₹500 per request) ₹5 per certificate + ₹40 courier charges
Remat ₹500 per certificate (Min ₹500 per request) ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹200 per script
₹50 for trading margin each side
0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Creation Confirmation Nil 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure ₹200 per script 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure Confirmation Nil 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Invocation ₹200 per script 0.03% of transaction value (Min ₹100 and Max ₹5k)
Failed Instruction Charges Nil ₹100
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare TradeSmart vs Karvy on Special Offers and Promotion

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

Compare TradeSmart vs Karvy on Special Offers and Promotion
  TradeSmart Karvy
Pay In and Pay Out Options TradeSmart vs Karvy - 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 Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time TradeSmart vs Karvy - Payout Time Up to 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges TradeSmart vs Karvy - Bank Supported and Charges Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. Around 40+ bank are prefered parter with Karvy Stock Broking.
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
Info Not Available
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...

Customer centric, leading edge technology, top-notch research team, professional management and a wide network of offices across India.

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...

no clear view of brokerage charges, not a 3 in 1 account; minimum brokerage charges

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Enquire about TradeSmart Enquire about Karvy

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







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