Compare 3 Brokers

Zerodha Vs TradeSmart: Which one is better?

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.

Compare Zerodha vs TradeSmart on Service

  Zerodha Compare
Zerodha
TradeSmart Compare
TradeSmart
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? 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... Know more about Zerodha 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.
Broker Enquiry Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you. Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Zerodha vs TradeSmart on Trading & Demat Account Opening Charges

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 & Demat Account Opening Charges - Compare Zerodha with TradeSmart
Charges Zerodha TradeSmart
Trading Account Opening Fees Rs 200 Rs 200
Trading AMC Free Free
Demat Account Opening Fees Rs 100 Rs 200
Demat AMC Rs 300 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Zerodha vs TradeSmart on Plan Options

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.

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

Account Opening

  Zerodha TradeSmart
Account Opening Request
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Brokerage Charges

Compare Zerodha vs TradeSmart on Brokerage Charges

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 with TradeSmart
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
Minimum Brokerage NIL NIL
Hidden Charges No No
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
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Share Broker's Transaction Charges

Compare Zerodha vs TradeSmart on Transaction Charges

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

Transaction Charges - Compare Zerodha with TradeSmart
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
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Account Features

Compare Zerodha vs TradeSmart on Account Features

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 - Zerodha with TradeSmart
Account Features Compare Zerodha TradeSmart
3 in 1 Account No Zerodha have 2-in-1 account. Only Demate and Trading account. No Zerodha have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Zerodha vs TradeSmart on Trading Platform

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 with TradeSmart
Trading Platform Compare Zerodha TradeSmart
Desktop Trading Platform Zerodha PI 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://kite.zerodha.com/ https://sine.tradesmartonline.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Zerodha Kite Sine
Mobile Trading App Demo Zerodha Kite Demo Sine Demo
Android Mobile App Yes Yes
Android App Download Andriod Zerodha Kite Download Andriod Sine Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Zerodha Kite Download iOS Sine 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 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

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Broker Ratings by Users

Compare Zerodha vs TradeSmart on User Rating

  Zerodha TradeSmart
  154 Customer Reviews    Rate Zerodha 34 Customer Reviews    Rate TradeSmart
Fees Ratings 4.0 3.9
Trading Brokerage Rating 4.5 4.4
Trading Platform Usability 3.7 3.7
Customer Service Ratings 3.8 4.0
Overall Ratings Rated 3.9 stars Rated 4.0 stars
Broker Rating Zerodha is Rated 3.9 / 5 based on 154 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare Zerodha vs TradeSmart on Investment Offerings

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 with TradeSmart
Investment Offerings Compare Zerodha TradeSmart
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Zerodha vs TradeSmart on Order Types

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

Compare Zerodha vs TradeSmart on Margin/Leverage

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.

Exposure/margin - Compare Zerodha with TradeSmart
Margin Product Compare Zerodha TradeSmart
Equity Delivery Margin Zerodha vs TradeSmart - Equity Delivery Margin No Delivery margin. Up to 1x Margin on Equity Delivery.
Equity Intraday Margin Zerodha vs TradeSmart - Equity Intraday Margin Up to 12.5x margin for Intraday leverage for equity. Up to 10x leverage for equity intraday.
Futures Margin Zerodha vs TradeSmart - Futures Margin Up to 2x leverage for future. Up to 3x leverage for equity futures intraday (MIS).
Options Margin Zerodha vs TradeSmart - 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 Zerodha vs TradeSmart - 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 Zerodha vs TradeSmart - 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 Zerodha vs TradeSmart - 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 Zerodha vs TradeSmart - 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.
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Customer Service Offered

Compare Zerodha vs TradeSmart on Customer Service

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 Support - Compare Zerodha with TradeSmart
Customer Service Compare Zerodha TradeSmart
24/7 Customer Service Zerodha vs TradeSmart - 24x7 customer support No No
Email Support Zerodha vs TradeSmart - Email Support Yes Yes
Onine Live Chat Zerodha vs TradeSmart - Onine Live Chat No Yes
Phone Support Zerodha vs TradeSmart - Phone Support Yes Yes
Toll Free Number Zerodha vs TradeSmart - Toll Free Number No No
Through Branches Zerodha vs TradeSmart - Through Branches Yes No
Customer Care Number Zerodha vs TradeSmart - Customer Care Number "+ 91 80 4040 2020" 022 61208000/42878000
Account Opening Process Zerodha vs TradeSmart - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Zerodha vs TradeSmart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Zerodha vs TradeSmart - Knowledge Center/Education https://support.zerodha.com/ https://help.tradesmartonline.in/
Head Office Address Zerodha vs TradeSmart - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website Zerodha vs TradeSmart - Company Website https://zerodha.com/ https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare Zerodha vs TradeSmart on Research Reports, Tips

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

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

Compare Zerodha vs TradeSmart on Demat Account

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

Demat Charges - Compare Zerodha with TradeSmart
  Zerodha TradeSmart
DP Source CDSL CDSL
DP ID Zerodha vs TradeSmart - DP ID 81600 30400
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa
Advance Deposit Nil NIL
Statutory charges ₹50 Nil
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
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Zerodha vs TradeSmart on Special Offers and Promotion

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

Compare Zerodha vs TradeSmart on Special Offers and Promotion
  Zerodha TradeSmart
Pay In and Pay Out Options Zerodha vs TradeSmart - 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 Zerodha vs TradeSmart - Payout Time Max 24 hrs except bank holidays Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges Zerodha vs TradeSmart - 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
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
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
Likes

Detail Review...

  • 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...

Dislikes
  • Call and trade is not free.
  • Margin against shares facility is not available for equity cash segment.
  • Zerodha as of now is not offering Margin Trading Funding. This is a big limitation for traders where they need to borrow some money from broker on interest for short span of time.

Detail Review...

  • 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...

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







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