The brokerage of Zerodha Max Rs 20 per trade while the brokerage of TradeSmart Max Rs 15 per trade. Both the brokers are Discount Brokers. Zerodha is having overall higher rating compare to TradeSmart. Zerodha is rated 4.5 out of 5 where TradeSmart is rated only 4 out of 5.
Here we present side-by-side comparison of Zerodha vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Zerodha vs TradeSmart'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||Discount Broker|
|Exchanges Supported||NSE, BSE, MCX-SX and MCX||BSE, NSE, MCX, NCDEX|
|Broker Overview||With high-class technology, unique trading tools, and three-way trading platform, Zerodha is giving its clients an edge in trading and decision making. Pioneer in introducing low brokerage scheme, Zerodha manages to satisfy both casual and active inv...||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.|
In this section we have compared Zerodha with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers charges Rs 200 for account opening fee. Demat AMC charges - Both brokers charges Rs 300 PA AMC for Demat Account.
|Trading Account Opening Fees||Rs 200||Rs 200|
|Demat Account Opening Fees||Rs 100||Rs 200|
|Demat AMC||Rs 300 PA||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Zerodha with TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart provides Multiple Plans where Zerodha doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.
|Account Opening Request|
Zerodha Brokerage Plan detail - Zerodha offers Rs 20 or .01% whichever is lower for equity intraday, F&O, commodity and currency on NSE, BSE, MCX and MCX-SX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.
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.
|Brokerage Charges Compare||Zerodha||TradeSmart|
|Plan Name||Max Rs 20 per order Trading Plan||Flat Fee Rs 15 Trading Plan (Power Plan)|
|Equity Delivery||Free||Flat Fee Rs 15|
|Equity Intraday||0.01% or Rs 20 whichever is lower||Flat Fee Rs 15|
|Equity Futures||0.01% or Rs 20 whichever is lower||Flat Fee Rs 15|
|Equity Options||Flat Fee Rs 20||Flat Fee Rs 15|
|Currency Futures||0.01% or Rs 20 whichever is lower||Flat Fee Rs 15|
|Currency Options||Flat Fee Rs 20||Flat Fee Rs 15|
|Commodity Trading||Flat Fee Rs 20||Flat Fee Rs 15|
|Funding||Info Not Available||No|
|Call & Trade Charges||Rs 20 Per Executable Order||Rs 20 per executed Order|
|Brokerage Calculator||Brokerage Calculator for Zerodha||Brokerage Calculator for TradeSmart|
|SPAN Margin Calculator||SPAN Margin Calculator for Zerodha||SPAN Margin Calculator for TradeSmart|
Compare Zerodha with TradeSmart on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Zerodha||TradeSmart|
|Equity Delivery||Rs 325 Per Cr||Rs 350 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 350 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 240 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 7150 Per Cr|
|Currency Futures||Rs 135 Per Cr||Rs 165 Per Cr|
|Currency Options||Rs 4400 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 zerodha||Complete Brokerage Plans for trade-smart-online|
Compare Zerodha with TradeSmart 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 - Zerodha offers NRI where TradeSmart doesn't offers NRI Trading.
|Account Features Compare||Zerodha||TradeSmart|
|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 Zerodha and TradeSmart. 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||Zerodha||TradeSmart|
|Desktop Trading Platform||Zerodha PI||NEST Trader & Fox Trader|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://kite.zerodha.com/||https://sine.tradesmartonline.in/userMaster/login|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Zerodha Kite||Sine|
|Mobile Trading App Demo||Zerodha Kite Demo||Sine Demo|
|Android Mobile App|
|Android App Download||Andriod Zerodha Kite Download||Andriod Sine Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Zerodha Kite Download||iOS Sine Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Zerodha||Equity Intraday and Delivery Brokerage Calculator for TradeSmart|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Zerodha||Futures Brokerage Calculator for TradeSmart|
|Options Brokerage Calculator||Options Brokerage Calculator for Zerodha||Options Brokerage Calculator for TradeSmart|
|Detail||Detail on Trading Platforms for zerodha||Detail on Trading Platforms for trade-smart-online|
|154 Customer Reviews||34 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Zerodha is Rated 3.9 / 5 based on 154 customer reviews||TradeSmart is Rated 4.0 / 5 based on 34 customer reviews|
Compare Zerodha with TradeSmart 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 - Zerodha 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||Zerodha||TradeSmart|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Zerodha with TradeSmart 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)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- Zerodha offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Zerodha||TradeSmart|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Zerodha with TradeSmart 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||Zerodha||TradeSmart|
|Equity Delivery Margin||No Delivery margin.||Up to 1x Margin on Equity Delivery.|
|Equity Intraday Margin||Up to 12.5x margin for Intraday leverage for equity.||Up to 10x leverage for equity intraday.|
|Futures Margin||Up to 2x leverage for future.||Up to 3x leverage for equity futures intraday (MIS).|
|Options Margin||Up to 2x margin for options shorting, no leverage for option buying.||Up to 3x for Index options selling, no leverage on options buying.|
|Equity CO Margin||Up to 20.8x margin/leverage in equity CO order for selected equity scripts.||Up to 30x leverage for equity CO.|
|Futures CO Margin||Up to 33x margin/leverage (of complete order) in CO order for future contracts.||Up to 7x leverage on equity/Index futures CO.|
|Options CO Margin||Up to 20x margin/leverage (of complete order) in CO order for options contracts sell only, buying is enabled only for NIFTY.||Up to 7x leverage on options selling and 1.33x for options buying via CO.|
|Commodity Margin||Up to 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.||Up to 2x on commodity MIS, and up to 6x for CO.|
Compare Zerodha with TradeSmart 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||Zerodha||TradeSmart|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||"+ 91 80 4040 2020"||022 61208000/42878000|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
|Trade Smart Online,
Marol Maroshi Road,
Mumbai, MH 400059
Compare Zerodha with TradeSmart on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Zerodha with TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹300 pa||₹300 pa|
|Transaction Charges on Debit (Per ISIN)||₹8 + ₹5.50 (CDSL Charges) per transaction||₹25|
|Demat||₹150 per certificate + ₹100 courier charges||₹500 per certificate (Min ₹500 per request)|
|Remat||₹150 per certificate + ₹100 courier charges + CDSL Charges||₹500 per certificate (Min ₹500 per request)|
|Pledge Creation||₹20 + ₹12 CSDL charges||₹200 per script
₹50 for trading margin each side
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||₹20 + ₹12 CSDL charges||₹200 per script|
|Pledge Closure Confirmation||Nil||Nil|
|Pledge Invocation||₹20||₹200 per script|
|Failed Instruction Charges||₹50 per instraction||Nil|
Compare Zerodha with TradeSmart 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 funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Kite
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 SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Payout Time||Max 24 hrs except bank holidays||Up to 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).||Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.|
|Bank Detail||HDFC Bank
Branch: Sandoz Branch, Mumbai
|VNS Finance and Capital Services Ltd.,
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
|Special Offers/Promo||Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.||Free Account Opening, Rs 400 Waived for a limited time.|
|Enquiry||Enquire about Zerodha||Enquire about TradeSmart|
Last Updated on 2019-10-01T05:51:32+00:00