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TradeSmart Review 2022

Rated 4 stars Rated 4/5 by Top Share Brokers Team
Last updated on: 8-Feb-2022
TradeSmart Review

Contact TradeSmart

NRI Form⇒

TradeSmart Review 2022 - Quick Summary

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.


Rated 4 stars

TradeSmart Top Highlight for 2022

  • Percentage based plan and flat fee plan. Flexibility to change between the plans.
  • Zero Demat AMC charge for the first year.
  • Lowest transaction charges i.e Turnover/Clearing charges.
  • Higher leverage - upto 30x with Cover Orders.
  • Live chat with the customer support team for query resolution.
  • Paperless account opening process.
  • Brokerage and Margin calculator to calculate brokerage and margin upfront.
  • Fair trading margins available for trading in currency and commodity.
  • Support “Offer for Sale” (OFS).
  • NEST, one of the proven desktop trading platforms.

About TradeSmart

Incorporated in 1994, TradeSmart is a part of VNS Finance. VNS Finance is a member of NSE from 1994. Trade Smart is a discount broker and online trading brand of VNS finance. The Broker makes its mark in the online trading space by providing clients with flat fee and percentage based pricing plans, free trading tools and high exposures. As per the current market report, the company is on the list of top 5 discount brokers by the number of active customers.

The range of product and services of the company includes equity and derivatives trading on NSE & BSE, currency derivatives and commodity trading on MCX and NCDEX. TradeSmart Online is a registered depository participant (DP) with Central Depository Services India Ltd (CDSL). Demat Account is mandatory with TradeSmart.

The company offers a flat Rs 15 plan for all segments. The percent plan is 0.007% which is the lowest brokerage plan.

SINE is a flagship mobile app and web-based trading platform from TradeSmart. The company also offers NEST as a desktop terminal.

TradeSmart's Video tutorials are a helpful way to learn about trading platforms. Knowledgebase articles by experts are well written and helpful in understanding many trading related topics. The broker also offers margin against shares (MAS) to get benefit from your long-term investment to fund your short-term trades.

On customer support, TradeSmart defines what a share broker-client relationship should be. Live chat support is provided on their website www.tradesmartonline.in for immediate response. Other modes of support are a phone call, email, and online support.

TradeSmart Promotion Offer

Free Account Opening, Rs 400 Waived a limited time.. Get the offer.

Request call back from TradeSmart

TradeSmart Brokerage Plan with closest competitors

Here we are comparing TradeSmart with its 5 close competitors, who are currently market leader in brokerage industry.

Broker TradeSmart 5paisa Zerodha Upstox Paytm Money
Service Type Discount Broker Discount Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Rs 15 Rs 20 Rs 20 Rs 20 Rs 10
Account Type 2 in 1 2 in 1 3 in 1 3 in 1 2 in 1
Equity Delivery Flat Fee Rs 15 Flat Fee Rs 20 Free 2.5% or Rs 20 whichever is lower Free
Equity Intraday Flat Fee Rs 15 Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.05% or Rs 10 whichever is lower
Equity Futures Flat Fee Rs 15 Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 10 whichever is lower
Equity Options Flat Fee Rs 15 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 10
Commodity Flat Fee Rs 15 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
Currency Futures Flat Fee Rs 15 Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 15 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 10
Rating
Rated 4 stars
Rated 4 stars Rated 4.5 stars Rated 4.5 stars Rated 4 stars

Other Charges

  • Call & Trade Charges: Rs 20 per executed Order
  • RMS Auto Square Off Charges: Rs 20 per executed Order
  • Hidden Charges: No

For complete brokerage charges and trading plans detail please visit TradeSmart Brokerage Charges.

Please refer unique and accurate TradeSmart Brokerage Calculator


How to open TradeSmart Account online?

For online trading with TradeSmart Online, investor has to open 2-in-1 account(Trading and Demat). Following are the ways to open an account with TradeSmart Online:

Contact TradeSmart

NRI Form⇒

Alternatives to TradeSmart

 Demat Account
 Demat Account
 Demat Account
 Demat Account

TradeSmart Mobile App and Trading Platforms

Rated 4 stars Trading Platforms Rated 4/5

SINE Mobile App and Web Trading

SINE, a clear and slim design mobile app for each trader category. Identify opportunities on a real-time basis. Bracket and cover orders to reduce risk in your trade.

SINE is also available in the web version. There is not much major difference in features of mobile app and web version.

Benefits

  • Built as a web-based platform, SINE has speed, ease of use and even good for derivatives traders to succeed.
  • Available in both Android and iOS version.
  • Instant fund transfer through 28+ banks.
  • Option Calculator.
  • AMO feature to place the orders after market hours.
  • Detail corporate actions information.
  • BO and CO features.
  • Technical Indicators on your mobile.
  • Trading from chart option.

Considerations

  • Limitation of watch-list scripts.
  • Not showing the prior history of buy and sell.
  • Not supporting multi charts.

NEST Desktop Terminal

Trade Smart is offering one of the most successful desktop terminals in Indian finance market “NEST Trader” to its user. This is a downloadable trading platform. With NEST you can trade in Equity Cash, Delivery, Derivatives, Currency Derivatives, and Commodities. Instant fund transfer facility is linked with 28+ banks.

For detail review of mobile app and download please visit TradeSmart Trading Platform Review.


TradeSmart Trading Cons

  • 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.

TradeSmart Customer Care info


Final thought about TradeSmart

Rated 4 stars Rated 4/5 by 34 users

The brand name TradeSmart, company name VNS Finance and Capital Services Limited and website name "www.tradesmartonline.in" create little confusion for visitors. The missing of.com in website name is also a negative user experience for first-time visitors.

Latest mobile app SINE has all the features which traders & investors need. With highly competitive brokerage plans, high exposure and support for every investment imaginable, TradeSmart will not disappoint you.

Request call back from TradeSmart

Last updated on: 2022-02-07


Reference Topics



TradeSmart User Reviews

avatar
13. Indira May 05 2022 04:14:15 PM Reply
Thank you for such a fantastic blog, Very interesting details you have noted
HDFC bank share price,
Tata Steel Share Price,
DLF share price,
SBI share price,
ITC Share Price

avatar
12. pRASHANT Nov 26 2018 03:55:51 PM Reply
increase autosquareoff time to 03:15

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Below Average
avatar
11. Chandu kumar Ravipudi Feb 14 2018 09:34:47 AM Reply
I lost my Money when placing a trade. if i had not called TSO customer care I would have lost my money permanently.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
11.1. Manjit Oct 28 2018 11:56:57 AM
Hi, Can you plz help other customer by telling us what happened?
avatar
11.2. Bankar Ganesh Oct 28 2018 12:05:39 PM
That's the problem, People don't write a detailed reason, they just post the first comment and then work with customer care team to fix the issue and not give a final resolution.
avatar
10. Amar Kumar Sep 23 2018 12:06:18 PM Reply
Best Discount Broker

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
9. Azim firfire Sep 17 2018 10:47:44 PM Reply
I had done my pay out how long it will take to credit in my account
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8. Rajeev Sharma May 04 2018 07:50:40 PM Reply
Trade Smart Online is better than Zerodha

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
7. Madhushri Aug 14 2016 02:43:45 AM Reply
Can I buy shares on NSE and sell them on BSE?
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7.1. Vijay Aug 15 2016 03:46:32 AM
Yes, Delivery holding you can buy in any exchange and sell in any exchange, where Intra day you need to square off on the same exchange.
avatar
6. Maithili Aug 01 2016 09:58:05 PM Reply
Their demat transaction charges are Rs 15 per scrip plus service tax while Zerodha and others are charging only Rs 8 plus service tax.
avatar
5. Ashok Dhawade Jun 20 2016 09:31:24 AM Reply
Are bhai log mera now software ka password batao/mail Karo.
avatar
4. Vijay May 14 2016 12:39:33 AM Reply
Trade stamrt onlie is planning to launch new trading platform called - Spin , waiting for new platform.