Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat
TradeSmart Logo

About TradeSmart
TradeSmart is a Mumbai-based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmartFintech Securities Ltd, formerly registered as VNS Finance & Capital Services Ltd; is a traditional brokerage company incorporated in 1994 to offer brokerage services to Indian Stock, Commodity & Currency market investors and traders through franchisees and sub-brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodi... Know more about TradeSmart

Alice Blue Logo

About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL. AliceBlue offers one simple brokerage plan of Rs 20 for all segments to its customers. The equity delivery brokerage charges are Rs 20 per executed order or 2.5% whichever is lower. For all other segments, Alice Blue charges flat Rs 20 per executed order or 0.05%... Know more about Alice Blue

Expand

TradeSmart Vs Alice Blue

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 0, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.

 TradeSmartAlice Blue
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCXBSE, NSE, MCX
Year of Incorporation19940
Number of Branches10
Open TradeSmart AccountOpen Alice Blue Account

Expand

TradeSmart Vs Alice Blue Charges & AMC

TradeSmart trading account opening charges is Free while Alice Blue account opening changes is Rs 0. TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Alice Blue Demat Account AMC Charges is Rs 400.

 TradeSmartAlice Blue
Trading Account Opening ChargesFreeRs 0
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesFreeRs 0
Demat Account AMC ChargesRs 300 (1st Year Free)Rs 400

Expand

TradeSmart Vs Alice Blue Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and intraday is Rs 20 per order or 0.05% whichever is lower.

Account TypeTradeSmart Power PlanAlice Blue Default
Fixed ChargesNA
Equity DeliveryRs 15 per orderRs 20 per order or 2.5% whichever is lower
Equity IntradayRs 15 per orderRs 20 per order or 0.05% whichever is lower
Equity FuturesRs 15 per orderRs 20 per order or 0.05% whichever is lower
Equity OptionsRs 15 per orderRs 20 per order
Currency FuturesRs 15 per orderRs 20 per order or 0.05% whichever is lower
Currency OptionsRs 15 per orderRs 20 per order
Commodity FuturesRs 15 per orderRs 20 per order or 0.05% whichever is lower
Commodity OptionsRs 15 per orderRs 20 per order
Special Offer
Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.
Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

TradeSmart Vs Alice Blue Brokerage Plan 2

 TradeSmartAlice Blue
Account TypeValue PlanDefault
Fixed ChargesNA
Equity Delivery0.07%Rs 20 per order or 2.5% whichever is lower
Equity Intraday0.007%Rs 20 per order or 0.05% whichever is lower
Equity Futures0.007%Rs 20 per order or 0.05% whichever is lower
Equity OptionsRs 7 Per LotRs 20 per order
Currency Futures0.007%Rs 20 per order or 0.05% whichever is lower
Currency OptionsRs 7 Per LotRs 20 per order
Commodity Futures0.007%Rs 20 per order or 0.05% whichever is lower
Commodity OptionsRs 7 Per LotRs 20 per order
Open TradeSmart AccountOpen Alice Blue Account

TradeSmart Charges Vs Alice Blue

Minimum BrokerageRs 15 per executed orderRs 0
Other ChargesIntraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade ChargesRs 20 per executed orderRs 50 per executed order
Open TradeSmart AccountOpen Alice Blue Account

Expand

TradeSmart Vs Alice Blue Leverage (Margin)

TradeSmart margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 TradeSmartAlice Blue
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
Open TradeSmart AccountOpen Alice Blue Account

Expand

Compare TradeSmart and Alice Blue Features

The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

 TradeSmartAlice Blue
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingNoNo
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)YesNo
Trading PlatformMobile trading app, Desktop trading application, Browser, APIsFront End: ANT | Back End: Omnesys NEST
Intraday Square-off TimeEquity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closingEquity: 3:15PM
Trading In SME Shares Allowed?NoNo
Referral ProgramYesYes
Other Features
Open TradeSmart AccountOpen Alice Blue Account

Expand

TradeSmart Vs Alice Blue Review

TradeSmart is rated of 5 based on 67 customer reviews whereas Alice Blue is rated of 5 based on 40 customer reviews.

 TradeSmartAlice Blue
 67 Customer Reviews    Rate TradeSmart40 Customer Reviews    Rate Alice Blue
FeesRated 3.8 starsRated 3.7 stars
BrokerageRated 4.4 starsRated 3.7 stars
Trading PlatformRated 3.8 starsRated 3.3 stars
Customer ServiceRated 4.0 starsRated 2.9 stars
Research CapabilitiesRated 2.7 starsRated 1.9 stars
Overall RatingRated 4.0 starsRated 3.1 stars
Broker RatingTradeSmart is Rated 4.0 / 5 based on 67 customer reviewsAlice Blue is Rated 3.1 / 5 based on 40 customer reviews

Expand

Contact Broker / Request A Call Back

 TradeSmartAlice Blue
Contact Broker
Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.
Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

Expand

TradeSmart Vs Alice Blue Investment Options

 TradeSmartAlice Blue
Stock / EquityYesYes
CommodityYesYes
IPOYesNo
Mutual FundsYesYes
Bond / NCDYesYes
DebtNoYes

Expand

TradeSmart Vs Alice Blue Order Type Offered

 TradeSmartAlice Blue
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)NoYes
Sell Today Buy Tomorrow (STBT)NoYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo
Open TradeSmart AccountOpen Alice Blue Account

Expand

TradeSmart Vs Alice Blue Suitable For Investor Type

 TradeSmartAlice Blue
Casual InvestorNoNo
Active InvestorYesYes
TraderYesYes

Expand

TradeSmart Vs Alice Blue - Pros and Cons

 TradeSmartAlice Blue
Pros
  • Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain a trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • TradeSmart has been in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of information which is helpful for most customers.
  • Flat Rs 20 brokerage for intraday and F&O.
  • Advance online trading platform.
Cons
  • Call and Trade is charged an extra Rs 20 per executed order.
  • Physical contract notes Rs 20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by the RMS team are charged at Rs 20.
  • 24/7 customer service is not available.
  • Doesn't provide daily market reports, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as the company doesn't provide banking services.
  • Online Mutual Fund investment is not available.
  • Margin funding is not available.
  • Good Till Cancelled (GTC) orders not available.
  • Call & Trade is available with additional cost of Rs 50 per order.
Reviews
Useful Articles:
Promo / Offers

TradeSmart Special Offer

Flat Rs 15 per trade (FREE Account Opening)

  • Outstanding Support
  • 29+ Years of expertise
  • Advanced Order Types

This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.

Alice Blue Special Offer

Free Equity Delivery Trade

Trade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

Open TradeSmart AccountOpen Alice Blue Account


Compare TradeSmartCompare Alice Blue
TradeSmart Vs 5paisaAlice Blue Vs 5paisa
TradeSmart Vs Aditya Birla MoneyAlice Blue Vs Aditya Birla Money
TradeSmart Vs Anand RathiAlice Blue Vs Anand Rathi
TradeSmart Vs Angel OneAlice Blue Vs Angel One
TradeSmart Vs AxisDirectAlice Blue Vs AxisDirect
TradeSmart Vs Bajaj FinancialAlice Blue Vs Bajaj Financial
TradeSmart Vs BlinkXAlice Blue Vs BlinkX
TradeSmart Vs DhanAlice Blue Vs Dhan
TradeSmart Vs FirstockAlice Blue Vs Firstock
TradeSmart Vs FyersAlice Blue Vs Fyers
TradeSmart Vs GeojitAlice Blue Vs Geojit
TradeSmart Vs GrowwAlice Blue Vs Groww
TradeSmart Vs HDFC SecuritiesAlice Blue Vs HDFC Securities
TradeSmart Vs ICICIdirectAlice Blue Vs ICICIdirect
TradeSmart Vs Indiabulls SecuritiesAlice Blue Vs Indiabulls Securities
TradeSmart Vs INDmoneyAlice Blue Vs INDmoney
TradeSmart Vs Jainam BrokingAlice Blue Vs Jainam Broking
TradeSmart Vs Kotak SecuritiesAlice Blue Vs Kotak Securities
TradeSmart Vs m.StockAlice Blue Vs m.Stock
TradeSmart Vs Mirae Asset SharekhanAlice Blue Vs Mirae Asset Sharekhan
TradeSmart Vs Monarch NetworthAlice Blue Vs Monarch Networth
TradeSmart Vs Motilal OswalAlice Blue Vs Motilal Oswal
TradeSmart Vs Nuvama (Edelweiss)Alice Blue Vs Nuvama (Edelweiss)
TradeSmart Vs Paytm MoneyAlice Blue Vs Paytm Money
TradeSmart Vs ProstocksAlice Blue Vs Prostocks
TradeSmart Vs SahiAlice Blue Vs Sahi
TradeSmart Vs SAMCOAlice Blue Vs SAMCO
TradeSmart Vs SAS OnlineAlice Blue Vs SAS Online
TradeSmart Vs SBI SecuritiesAlice Blue Vs SBI Securities
TradeSmart Vs Share.MarketAlice Blue Vs Share.Market
TradeSmart Vs TradingoAlice Blue Vs Tradingo
TradeSmart Vs UpstoxAlice Blue Vs Upstox
TradeSmart Vs Yes SecuritiesAlice Blue Vs Yes Securities
TradeSmart Vs ZerodhaAlice Blue Vs Zerodha