TradeSmart Vs Anand Rathi (Compare TradeSmart and Anand Rathi)

TradeSmart Vs Anand Rathi

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India.

	TradeSmart	Anand Rathi
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	NSE, BSE, MCX, & NCDEX
Year of Incorporation	1994	1994
Number of Branches	1	1200
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TradeSmart Vs Anand Rathi Charges & AMC

TradeSmart trading account opening charges is Free while Anand Rathi account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Anand Rathi Demat Account AMC Charges is 450 + GST 18% = 532 (1st year free).

	TradeSmart	Anand Rathi
Trading Account Opening Charges	Free	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Free	Rs 0 (Free)
Demat Account AMC Charges	Rs 300 (1st Year Free)	450 + GST 18% = 532 (1st year free)

TradeSmart Vs Anand Rathi Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Anand Rathi brokerage charges for equity is 0.20% and intraday is 0.02%.

Account Type	TradeSmart Power Plan	Anand Rathi Standard Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 15 per order	0.20%
Equity Intraday	Rs 15 per order	0.02%
Equity Futures	Rs 15 per order	0.02%
Equity Options	Rs 15 per order	Rs 50 per lot
Currency Futures	Rs 15 per order	0.02%
Currency Options	Rs 15 per order	Rs 20 per lot
Commodity Futures	Rs 15 per order	0.02%
Commodity Options	Rs 15 per order	Rs 100 per lot
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.	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

TradeSmart Vs Anand Rathi Brokerage Plan 2

	TradeSmart	Anand Rathi
Account Type	Value Plan	Standard Plan
Fixed Charges	NA	NA
Equity Delivery	0.07%	0.20%
Equity Intraday	0.007%	0.02%
Equity Futures	0.007%	0.02%
Equity Options	Rs 7 Per Lot	Rs 50 per lot
Currency Futures	0.007%	0.02%
Currency Options	Rs 7 Per Lot	Rs 20 per lot
Commodity Futures	0.007%	0.02%
Commodity Options	Rs 7 Per Lot	Rs 100 per lot
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TradeSmart Charges Vs Anand Rathi

Minimum Brokerage	Rs 15 per executed order	Rs 25
Other Charges	Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges	Rs 20 per executed order	Rs 0 (Free)
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TradeSmart Vs Anand Rathi Leverage (Margin)

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

	TradeSmart	Anand Rathi
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up 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)
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Compare TradeSmart and Anand Rathi Features

The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Anand Rathi offers TradeMobi, Trade Xpress+ and Tr@de X’pro trading software.

	TradeSmart	Anand Rathi
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Mobile trading app, Desktop trading application, Browser, APIs	TradeMobi, Trade Xpress+ and Tr@de X’pro
Intraday Square-off Time	Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing	3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
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TradeSmart Vs Anand Rathi Review

TradeSmart is rated of 5 based on 67 customer reviews whereas Anand Rathi is rated of 5 based on 18 customer reviews.

	TradeSmart	Anand Rathi
	67 Customer Reviews	18 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	TradeSmart is Rated 4.0 / 5 based on 67 customer reviews	Anand Rathi is Rated 2.9 / 5 based on 18 customer reviews

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TradeSmart Vs Anand Rathi Investment Options

	TradeSmart	Anand Rathi
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

TradeSmart Vs Anand Rathi Order Type Offered

	TradeSmart	Anand Rathi
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
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TradeSmart Vs Anand Rathi Suitable For Investor Type

	TradeSmart	Anand Rathi
Casual Investor
Active Investor
Trader

TradeSmart Vs Anand Rathi - Pros and Cons

	TradeSmart	Anand Rathi
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.	Pan India presence. Option to trade online through web based and mobile trading platforms. Various financial products under one umbrella viz. Broking products, insurance, portfolio management services, corporate fixed deposits, structured products. Online IPO applicatioan. Loan against Shares and Margin Trading Facility available. Quick and Easy account opening. Research and advisory services.
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.	Brokerage reduction options available via VAS Plans. Doesn't offer a 3-in-1 account. Separate web-based platform and mobile app for mutual fund investments. Annual Maintenance Fees for Demat Account (with an option for a Lifetime Free Demat Account*).
Reviews	Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
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.	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews
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