TradeSmartOnline Vs Upstox : Side By Side Comparison

In this page, I am providing side by side comparison of TradeSmartonline Vs Upstox.

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

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

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 TradeSmartOnline Vs Upstox:

Parameters	Trade Smart Online	Upstox
Review	Trade Smart Online Review	Upstox Review
Type of Broker	Discount Broker	Discount Broker
Incorporation Year	1994	2012
Supported Exchanges	NSE, BSE, MCX-SX , MCX and NCDEX	NSE, BSE,MCX and MCX-SX
Account Related Charges
Trading Account Opening Fees	Rs 200	Rs 150
Trading Account AMC	Rs 0	Rs 0
Demat Account Opening Fees	Rs 200	Rs 150
Demat Account AMC	Rs 300	Rs 0
Brokerage Charges
Equity Delivery Brokerage	Rs 15 per executed order or 0.07% based on the plan selected	Rs 0
Equity Intraday Brokerage	Rs 15 per executed order or 0.007% based on the plan selected	Rs 20 per executed order
Equity Futures Brokerage	Rs 15 per executed order or 0.007% based on the plan selected	Rs 20 per executed order
Equity Options Brokerage	Rs 15 per executed order or Rs7 based on the plan selected	Rs 20 per executed order
Currency Futures Trading Brokerage	Rs 15 per executed order or 0.007% based on the plan selected	Rs 20 per executed order
Currency Options Trading Brokerage	Rs 15 per executed order or 0.007% based on the plan selected	Rs 20 per executed order
Commodity Trading Brokerage	Rs 15 per executed order or 0.007% based on the plan selected	Rs 20 per executed order
Minimum Brokerage Charges	NIL	NIL
Monthly Unlimited Plans
Brokerage Calculator	TradeSmartOnline Brokerage Calculator	Upstox Brokerage Calculator
Transaction Charges
Equity Delivery	0.0035%	0.00325%
Equity Intraday	0.0035%	0.00325%
Equity Futures	0.0024%	0.00210%
Equity Options	0.0715% (On Premium)	0.055% (On Premium)
Currency Futures	0.00165%	0.00150%
Currency Options	0.06% (On Premium)	0.060% (On Premium)
Commodity	0.0039%	0.0026%
Exposure
Equity	Upto 30 times	Upto 20 times Intraday
Equity Futures	Upto 5 times	upto 4 times
Equity Options	Upto 5 times	upto 4 times
Currency Futures	Upto 3 times intraday	upto 4 times
Currency Options	Upto 3 times intraday	upto 4 times
Commodities	Upto 5 times intraday	upto 3 times
Features
3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform	NOW, NEST, SPIN	Upstox , Upstox PRO and NEST
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

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 TradeSmartonline with other Brokers:

Point By Point Comparison of Upstox with other Brokers: