Trade Smart Online (None)

Discount Broker Depository: CDSL

TradeSmart, a Mumbai-based broker that offers discount brokerage services in the stock, commodity, and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd. This traditional brokerage company was established in 1994 to provide brokerage services to Indian Stock, Commodity & Currency Market investors. It also offers trades through franchisees and sub-brokers. TradeSmart allows you to trade in NSE Cash and NSE F&O derivatives, BSE Cash, MCX Commodities, and the depository service for CDSL.

Trade Smart Online Products

The segments that you can invest in through Trade Smart Online are equity, commodity, currency, futures, and options.
  • Equity
  • Commodity
  • Currency
  • Futures
  • Options

Trade Smart Online Trading Softwares

A collection of software and applications that the broker offers to help you execute online buy/sell orders. These are the names of their portals and mobile apps.
  • Sine Mobile Application
  • SINE Web
  • Swing Trading Application
  • NEST Trader
  • Dartstock

Trade Smart Online Brokerage Plans

Choose from one or more plans below. Use tabs if multiple plans available. A single plan includes all the basic charges and brokerages, margins, etc.

Trade Smart Online Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, IPO platform, Bonds & Debt, Exchange Traded Funds, etc.
  • Mutual Funds
  • IPO Platforms
  • Bonds & Debt
  • Exchange Traded Funds
  • Insurance

Trade Smart Online Additional Features

Extra features are provided by the broker at little or no extra cost. Like SMS Alerts, Margin Funding, Margin Against Share, etc.
  • 3 in 1 Account
  • Free Recommendations
  • Free Research Reports
  • SMS Alerts
  • Margin Funding
  • Margin Against Share

Trade Smart Online Pros

This broker has many strengths and advantages.

2 Different Brokerage plans- The company offers 2 distinct brokerage plans that are tailored to each trading strategy.
Maximum exposure of 30X in NSE cash and 7X in Equity Futures and Option Selling through BO & CO. 6X in MCX through CO & BO.

The mobile app allows you to place a bracket order (BO) or cover order (CO). BO and CO can be found in the Equity Derivative segment as well as NSE cash and commodity Futures.

Interchangeable Broking - TradeSmart allows you to change between brokerage plans based on your strategy.
The lowest transaction cost According to their brokerage calculator, the Transaction Charges (clearing charges, turnover charges, etc.) are among the lowest in the industry.

Customer Service - Excellent customer service. TradeSmart customer service desk can be reached by phone, email, or live chat.

Referral credit TradeSmart offers its customers a 10% credit on brokerages generated by clients who are referred to them. They also offer a Partner program that allows for higher sharing.

No minimum balance TradeSmart does not require an account opening deposit of any minimum amount.

TradeSmart offers its own depository services. This is a unique feature that sets TradeSmart apart from other Indian discount brokers.

TradeSmart provides customer support via 'Live Chat. This service is convenient for many customers who don't wish to call for help or simple issues.

Orders for Cover are available to traders.

Offers for Sale (OFS), Mutual Funds

Offers Margin Against Shares (MAS).

Trade Smart Online Cons

This broker has some shortcomings that need to be fixed.

Call & Trade charges an additional Rs 20 per trade

Extra Rs 20 is charged per trader for intraday positions (CO, MIS)

Provides no 3-in-1 (Banking, Trading, Demat), portfolio management services, tips, and research reports, or online IPO.

Our Conclusion

Trade Smart Online offers trader-focused platforms that offer terminal experience. These platforms are simple to use and include tools that can help you make better decisions. They don't offer trading calls or research reports. They do not offer free equity delivery. There are many plans available, but none is right for all investors.

The broker will provide for traders
Third-party trading platforms like Fox and Nest. These are specifically designed to analyze stocks.
Brokerage at Flat rates for every segment.
Trading at a low cost
Tools for charting and analysis using multiple indicators
Active traders can use the Market Information Platform.
Real-time market data using visualization tools, smart scanners, and advanced charting tools.

The broker will provide for investors.
Set price alerts to be notified of the price of your stock
Assure "zero forced' selling

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