TradePlusOnline Vs TradeSmartOnline : Side By Side Comparison

In this page, I am providing side by side comparison of Tradeplusonline Vs TradeSmartOnline.

Both TradePlus Online and TradeSmart Online comes under Discount Broker category, hence they charge flat brokerage charges.

But , there are lot of difference between these two brokers.

 

tradeplusonline-vs-tradesmartonline-1

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of TradePlusOnline Vs TradeSmartonline:

Parameters

TradePlusOnline

Trade Smart Online

fyers-securities-Logo
Trade Smart Online Logo
Review
Type of Broker
Discount Broker
Discount Broker
Incorporation Year
1995
1994
Supported Exchanges
NSE, BSE and MCX
NSE, BSE, MCX-SX , MCX and NCDEX

Account Related Charges

Trading Account Opening Fees
Rs 199
Rs 200
Trading Account AMC
Rs 499 (For 5 Years)
Rs 0
Demat Account Opening Fees
Rs 0
Rs 200
Demat Account AMC
Rs 0
Rs 300

Brokerage Charges

Equity Delivery Brokerage
0.1%
Rs 15 per executed order or 0.07% based on the plan selected
Equity Intraday Brokerage
0.01%
Rs 15 per executed order or 0.007% based on the plan selected
Equity Futures Brokerage
Rs 799/month for unlimited trading
Rs 15 per executed order or 0.007% based on the plan selected
Equity Options Brokerage
Rs 99/month for unlimited trading
Rs 15 per executed order or Rs7 based on the plan selected
Currency Futures Trading Brokerage
Rs 99/month for unlimited trading
Rs 15 per executed order or 0.007% based on the plan selected
Currency Options Trading Brokerage
Rs 99/month for unlimited trading
Rs 15 per executed order or 0.007% based on the plan selected
Commodity Trading Brokerage
Rs 99/month for unlimited trading
Rs 15 per executed order or 0.007% based on the plan selected
Minimum Brokerage Charges
NIL
NIL
Monthly Unlimited Plans
Brokerage Calculator
Tradeplus online Brokerage Calculator
TradeSmartOnline Brokerage Calculator

Transaction Charges

Equity Delivery
0.00330%
0.0035%
Equity Intraday
0.00330%
0.0035%
Equity Futures
0.00350%
0.0024%
Equity Options
0.075% (On Premium)
0.0715% (On Premium)
Currency Futures
0.00165%
0.00165%
Currency Options
0.060% (On Premium)
0.06% (On Premium)
Commodity
0.004%
0.0039%

Exposure

Equity
Upto 4 times for Delivery
Upto 30 times
Equity Futures
upto 5 times
Upto 5 times
Equity Options
upto 2 times
Upto 5 times
Currency Futures
upto 2 times
Upto 3 times intraday
Currency Options
No Leverage
Upto 3 times intraday
Commodities
Upto 2 times
Upto 5 times intraday

Features

3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform
NEST on Web, Infini Trader, Tradeplus Mobile
NOW, NEST, SPIN

Investment Services

Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds

Customer Service Channels

24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers

Research Reports/Tips/Recommendations

Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory

Promotional Offers

  • Zero Account Opening Charges
  • Zero Account Opening Charges
open-account
open-account

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of Tradeplusonline with other Brokers:

TradePlusOnline in comparison with other Stock Brokers


Point By Point Comparison of TradeSmartOnline with other Brokers:

TradeSmartOnline in comparison with other Stock Brokers