The brokerage of TradeSmart Max Rs 15 per trade while the brokerage of Marwadi Group ranges between 0.06% to 0.3%. TradeSmart is a Discount Broker where Marwadi Group is a Full Service Broker. TradeSmart is having overall higher rating compare to Marwadi Group. TradeSmart is rated 4 out of 5 where Marwadi Group is rated only 3.5 out of 5.
Here we present side-by-side comparison of TradeSmart vs Marwadi Group 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 Marwadi Group'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||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||BSE, NSE, MCX, NCDEX,MCX-SX|
|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.||Marwadi group empowers you with world-renowned research reports, finest trading platform, IPO investment, portfolio management services and so on for successful investment and trading comforts.|
In this section we have compared TradeSmart with Marwadi Group on trading & demat account opening charges and AMC. Trading account opening charges - Marwadi Group offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - Both brokers charges Rs 300 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 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare TradeSmart with Marwadi Group. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart provide Multiple Plans where Marwadi Group doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.
|Plan Types||TradeSmart||Marwadi Group|
|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.
Marwadi Group Brokerage Plan detail - This is a standard plan by Marwadi Group.This is % based brokerage plan.Brokerage is between .06% to .3%, which is 6 paisa to 30 paisa per 100 rs.
|Brokerage Charges Compare||TradeSmart||Marwadi Group|
|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 30 Per Lot|
|Commodity Trading||Flat Fee Rs 15||0.03% or 3 paisa|
|Hidden Charges||No||Info Not Available|
|Funding||No||Info Not Available|
|Call & Trade Charges||Rs 20 per executed Order||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for TradeSmart||Brokerage Calculator for Marwadi Group|
|SPAN Margin Calculator||SPAN Margin Calculator for TradeSmart||SPAN Margin Calculator for Marwadi Group|
Compare TradeSmart with Marwadi Group on transaction charges and PCM fee by segment.
|Transaction Charges Compare||TradeSmart||Marwadi Group|
|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 marwadi-group|
Compare TradeSmart with Marwadi Group 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 - Marwadi Group offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.
|Account Features Compare||TradeSmart||Marwadi Group|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart and Marwadi Group. 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||Marwadi Group|
|Desktop Trading Platform||NEST Trader & Fox Trader||Marwadi ODIN Diet|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://sine.tradesmartonline.in/userMaster/login||https://mtrade.marwadionline.com/html5/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Sine||MSFL Connect|
|Mobile Trading App Demo||Sine Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Sine Download||Andriod MSFL Connect Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Sine Download||iOS MSFL Connect Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for TradeSmart||Equity Intraday and Delivery Brokerage Calculator for Marwadi Group|
|Futures Brokerage Calculator||Futures Brokerage Calculator for TradeSmart||Futures Brokerage Calculator for Marwadi Group|
|Options Brokerage Calculator||Options Brokerage Calculator for TradeSmart||Options Brokerage Calculator for Marwadi Group|
|Detail||Detail on Trading Platforms for trade-smart-online||Detail on Trading Platforms for marwadi-group|
|34 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||TradeSmart is Rated 4.0 / 5 based on 34 customer reviews||Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews|
Compare TradeSmart with Marwadi Group 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 - Marwadi Group 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||Marwadi Group|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||Life & General Insurance|
Order Type - Compare TradeSmart with Marwadi Group 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) - TradeSmart provide Cover Orders (CO) where Marwadi Group doesn't offer.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) - TradeSmart provide Bracket Orders (BO) where Marwadi Group doesn't offer.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- both brokers doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||TradeSmart||Marwadi Group|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre TradeSmart with Marwadi Group 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||Marwadi Group|
|Equity Delivery Margin||Up to 1x Margin on Equity Delivery.||Info Not Available|
|Equity Intraday Margin||Up to 10x or 10% subject to Var and ELM.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||1x means actual SPAN + Exposure.||1x means actual SPAN + Exposure.|
|Options Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare TradeSmart with Marwadi Group 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||Marwadi Group|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022 61208000/42878000||Info Not Available|
|Account Opening Process||Online/Paperless||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://help.tradesmartonline.in/||Info Not Available|
|Head Office Address||Trade Smart Online,
Marol Maroshi Road,
Mumbai, MH 400059
|Info Not Available|
|Website||https://tradesmartonline.in/||Info Not Available|
Compare TradeSmart with Marwadi Group on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare TradeSmart with Marwadi Group on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹300 pa||₹250 pa|
|Transaction Charges on Debit (Per ISIN)||₹25||₹25|
|Demat||₹500 per certificate (Min ₹500 per request)||₹3 per certificate|
|Remat||₹500 per certificate (Min ₹500 per request)||₹25 per certificate|
|Pledge Creation||₹200 per script
₹50 for trading margin each side
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||₹200 per script||₹20|
|Pledge Closure Confirmation||Nil||Nil|
|Pledge Invocation||₹200 per script||₹25|
|Failed Instruction Charges||Nil||₹15|
Compare TradeSmart with Marwadi Group 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.
|Info Not Available|
|Payout Time||Up to 24 Hrs except Bank Holidays.||Info Not Available|
|Bank Supported and Charges||Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.||Info Not Available|
|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|
Research reports, branch office.
No online support, Plans are not available on website, Major presence in Gujarat only.
|Special Offers/Promo||Free Account Opening, Rs 400 Waived for a limited time.|
|Enquiry||Enquire about TradeSmart||Enquire about Marwadi Group|
Last Updated on 2020-01-06T23:34:41+00:00