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.
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
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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||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.||One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory.|
Comparison of 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 opening. Demat AMC charges - TradeSmart charges Rs 300 PA AMC for Demat account where Karvy charges Rs 500 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 500 PA|
|Provide DP Service|
Plans are the most important feature you look when compare TradeSmart with Karvy. This section compare on high level about type of plans offered by brokers. Multiple Plans - TradeSmart provide Multiple Plans where Karvy doesn't offer Monthly 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.
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||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|
|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|
Compare TradeSmart with Karvy on transaction charges and PCM fee by segment.
|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|
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 trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - both doesn't offer NRI Trading facility.
|Account Features Compare||TradeSmart||Karvy|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15 PM|
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 links for mobile app to download and demo links for easy access.
|Trading Platform Compare||TradeSmart||Karvy|
|Desktop Trading Platform||NEST Trader & Fox Trader||Karvy NESTTrader|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|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 Trading App||Sine||KarvyOnline|
|Mobile Trading App Demo||Sine Demo||KarvyOnline Demo|
|Android Mobile App|
|Android App Download||Andriod Sine Download||Andriod KarvyOnline Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Sine Download||iOS KarvyOnline 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 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|
|34 Customer Reviews||3 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||TradeSmart is Rated 4.0 / 5 based on 34 customer reviews||Karvy is Rated 2.7 / 5 based on 3 customer reviews|
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 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 - 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||Karvy|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||Insurance|
Order Type - Compare TradeSmart with Karvy 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)- TradeSmart offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||TradeSmart||Karvy|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare TradeSmart with Karvy on Exposure/Margin offered by the 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||Karvy|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||Up to 4x leverage for equity delivery.|
|Equity Intraday Margin||Up to 10x leverage for equity MIS orders.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||Up to 3x leverage for futures.||1x means actual SPAN + Exposure.|
|Options Margin||Up to 3x exposure for Options shorting, No leverage for option buying.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Upto 30x margin/leverage in CO order for selected equity scripts and up to 7x for Index Futures.||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||Upto 33x margin/leverage in CO order for Futures contracts.||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||Upto 7x margin/leverage in CO order for Options Selling only and 1.33x for Options Buying.||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||Up to 2x on MCX MIS, and Up to 6x for MCX CO.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare TradeSmart with Karvy 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 Service Compare||TradeSmart||Karvy|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022 61208000/42878000||18004198283/7093706007/18004198283|
|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. 46, 8-2-609/K Avenue 4,
Street No. 1,
Hyderabad - 500 034
Compare TradeSmart with Karvy on research reports and tips provided by the broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare TradeSmart with Karvy on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹300 pa||₹365 pa|
|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|
Compare TradeSmart with Karvy on the general features, advantages, disadvantages, payout 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 Karvy Broking Trading Platform.
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.||Around 40+ bank are prefered parter with Karvy Stock Broking.|
|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
|Info Not Available|
Customer centric, leading-edge technology, top-notch research team, professional management and a wide network of offices across India.
|Special Offers/Promo||Free Account Opening, Rs 400 Waived for a limited time.|
|Enquiry||Enquire about TradeSmart||Enquire about Karvy|
Last Updated on 2020-01-06T23:34:41+00:00