Compare 3 Brokers

TradeSmart Vs Upstox: Which one is better?

The brokerage of TradeSmart Max Rs 15 per trade while the brokerage of Upstox Max Rs 20 per trade. Both the brokers are Discount Brokers. TradeSmart is having overall lower rating compare to Upstox. TradeSmart is rated only 4 out of 5 where Upstox is rated 4.5 out of 5.

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

  TradeSmart Compare
TradeSmart
Upstox Compare
Upstox
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Active Clients 30,27,803
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. Upstox is the best broker in India offering free delivery trading and intraday, F&O, commodity, and currency trading at flat Rs. 20/per order brokerage through Pro web and Pro mobile app.
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 Upstox. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare TradeSmart vs Upstox on Trading & Demat Account Opening Charges

Comparison of TradeSmart with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Upstox 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 Upstox charges Rs 300 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare TradeSmart with Upstox
Charges TradeSmart Upstox
Trading Account Opening Fees Rs 200 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 200 Free
Demat AMC Rs 300 PA Rs 300 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare TradeSmart vs Upstox on Plan Options

Plans are the most important feature you look when compare TradeSmart with Upstox. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  TradeSmart Upstox
Account Opening Request
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Brokerage Charges

Compare TradeSmart vs Upstox 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.

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

Brokerage Charges - Compare TradeSmart with Upstox
Brokerage Charges Compare TradeSmart Upstox
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 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 15 Flat Fee Rs 20
Equity Options Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures Flat Fee Rs 15 Flat Fee Rs 20
Currency Options Flat Fee Rs 15 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 15 Flat Fee Rs 20
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding No Info Not Available
Call & Trade Charges Rs 20 per executed Order Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for TradeSmart Brokerage Calculator for Upstox
SPAN Margin Calculator SPAN Margin Calculator for TradeSmart SPAN Margin Calculator for Upstox
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Share Broker's Transaction Charges

Compare TradeSmart vs Upstox on Transaction Charges

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

Transaction Charges - Compare TradeSmart with Upstox
Transaction Charges Compare TradeSmart Upstox
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 210 Per Cr
Equity Options Rs 7150 Per Cr Rs 5500 Per Cr
Currency Futures Rs 165 Per Cr Rs 150 Per Cr
Currency Options Rs 6000 Per Cr Rs 6000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for upstox
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Account Features

Compare TradeSmart vs Upstox on Account Features

Compare TradeSmart with Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where TradeSmart offers only 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 - TradeSmart with Upstox
Account Features Compare TradeSmart Upstox
3 in 1 Account No TradeSmart have 2-in-1 account. Only Demate and Trading account. Yes, TradeSmart have 3-in-1 accounts. Bank Account, Demat 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 No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare TradeSmart vs Upstox on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart and Upstox. 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 Upstox
Trading Platform Compare TradeSmart Upstox
Desktop Trading Platform NEST Trader & Fox Trader DartStock/Nest Trader/Fox Trader
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://pro.upstox.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sine Upstox
Mobile Trading App Demo Sine Demo Upstox Demo
Android Mobile App Yes Yes
Android App Download Andriod Sine Download Andriod Upstox Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sine Download iOS Upstox 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 Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for upstox
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare TradeSmart vs Upstox on User Rating

  TradeSmart Upstox
  34 Customer Reviews    Rate TradeSmart 12 Customer Reviews    Rate Upstox
Fees Ratings 3.9 3.5
Trading Brokerage Rating 4.4 3.8
Trading Platform Usability 3.7 3.7
Customer Service Ratings 4.0 3.5
Overall Ratings Rated 4.0 stars Rated 3.7 stars
Broker Rating TradeSmart is Rated 4.0 / 5 based on 34 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews
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Investment Offerings

Compare TradeSmart vs Upstox on Investment Offerings

Compare TradeSmart with Upstox 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 - Upstox 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 Upstox
Investment Offerings Compare TradeSmart Upstox
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 No
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 Upstox on Order Types

Order Type - Compare TradeSmart with Upstox 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- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare TradeSmart with Upstox
Order Type Compare TradeSmart Upstox
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 No
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Margin/Leverage

Compare TradeSmart vs Upstox on Margin/Leverage

Compare TradeSmart with Upstox 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.

Exposure/margin - Compare TradeSmart with Upstox
Margin Product Compare TradeSmart Upstox
Equity Delivery Margin TradeSmart vs Upstox - Equity Delivery Margin No Margin/Leverage for Equity Delivery. No Margin/Leverage for Equity Delivery.
Equity Intraday Margin TradeSmart vs Upstox - Equity Intraday Margin Up to 10x leverage for equity MIS orders. Up to 15x exposure with Basic Plan and 20x exposure with Priority plan
Futures Margin TradeSmart vs Upstox - Futures Margin Up to 3x leverage for futures. Up to 3x leverage for Index and Stocks in Basic Plan, Upto 6x leverage for Index in Priority Plan.
Options Margin TradeSmart vs Upstox - Options Margin Up to 3x exposure for Options shorting, No leverage for option buying. Upto 3x margin for Options shorting with Basic Plan, Upto 6x for Index Options sell with Priority Plan.No leverage for option buying.
Equity CO Margin TradeSmart vs Upstox - Equity CO Margin Upto 30x margin/leverage in CO order for selected equity scripts and up to 7x for Index Futures. Up to 20x exposure with Basic Plan and 27x exposure with Priority plan
Futures CO Margin TradeSmart vs Upstox - Futures CO Margin Upto 33x margin/leverage in CO order for Futures contracts. Up to 20x leverage for Index, 5x leverage for Stocks in Basic Plan, Upto 28x leverage for Index and 6x for stocks in Priority Plan.
Options CO Margin TradeSmart vs Upstox - Options CO Margin Upto 7x margin/leverage in CO order for Options Selling only and 1.33x for Options Buying. Up to 1.33x for option buying with Basic plan and 2x with Priority plan.
Commodity Margin TradeSmart vs Upstox - Commodity Margin Up to 2x on MCX MIS, and Up to 6x for MCX CO. Up to 2.5x leverage for MCX futures in Basic Plan, Upto 3x leverage for Priority Plan. Up to 3x/4x with Basic/Priority plan with CO.
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Customer Service Offered

Compare TradeSmart vs Upstox on Customer Service

Compare TradeSmart with Upstox 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 Upstox
Customer Service Compare TradeSmart Upstox
24/7 Customer Service TradeSmart vs Upstox - 24x7 customer support No No
Email Support TradeSmart vs Upstox - Email Support Yes Yes
Onine Live Chat TradeSmart vs Upstox - Onine Live Chat Yes Yes
Phone Support TradeSmart vs Upstox - Phone Support Yes Yes
Toll Free Number TradeSmart vs Upstox - Toll Free Number No No
Through Branches TradeSmart vs Upstox - Through Branches No Yes
Customer Care Number TradeSmart vs Upstox - Customer Care Number 022 61208000/42878000 +91 22 6130 9999
Account Opening Process TradeSmart vs Upstox - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email TradeSmart vs Upstox - Customer Support Email [email protected] [email protected] 
Knowledge Center/Education TradeSmart vs Upstox - Knowledge Center/Education https://help.tradesmartonline.in/ https://upstox.com/help-center/
Head Office Address TradeSmart vs Upstox - Head Office Address/Corporate Address Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website TradeSmart vs Upstox - Company Website https://tradesmartonline.in/ https://upstox.com/
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Tips/Research/Reports Published

Compare TradeSmart vs Upstox on Research Reports, Tips

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

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

Compare TradeSmart vs Upstox on Demat Account

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

Demat Charges - Compare TradeSmart with Upstox
  TradeSmart Upstox
DP Source CDSL CDSL
DP ID TradeSmart vs Upstox - DP ID 30400 81800
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹150 pa
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹25 ₹13 + ₹5.50 CDSL charges
Demat ₹500 per certificate (Min ₹500 per request) ₹20 + ₹50 courier charges
Remat ₹500 per certificate (Min ₹500 per request) ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation ₹200 per script
₹50 for trading margin each side
0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure ₹200 per script 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation ₹200 per script 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges Nil ₹50
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare TradeSmart vs Upstox on Special Offers and Promotion

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

Compare TradeSmart vs Upstox on Special Offers and Promotion
  TradeSmart Upstox
Pay In and Pay Out Options TradeSmart vs Upstox - 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 funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time TradeSmart vs Upstox - Payout Time Up to 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges TradeSmart vs Upstox - Bank Supported and Charges Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
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 Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
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...

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...

  • Call & trade services are not free, charged at Rs. 20 per call.
  • Stock market trading tips and recommendations are not available.
  • Upstox doesn’t offer NRI trading services.
  • 24*7 customer service is unavailable.

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time. 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades.
Enquiry Enquire about TradeSmart Enquire about Upstox

Last Updated on 2020-01-06T23:34:41+00:00


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