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-brok... 
About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among the top 10 stock brokers in India with over 4.2 lakhs active customers.
AxisDirect offers investment in Equities, Mutua...
Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.
| Ā | TradeSmart | AxisDirect |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2006 |
| Number of Branches | 1 | 56 |
| Open TradeSmart Account | Open AxisDirect Account |
TradeSmart trading account opening charges is Free while AxisDirect account opening changes is Rs 0. TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year).
| Ā | TradeSmart | AxisDirect |
|---|---|---|
| Trading Account Opening Charges | Free | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Free | Rs 0 |
| Demat Account AMC Charges | Rs 300 (1st Year Free) | Rs 750 (free for 1st year) |
TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg).
| Account Type | TradeSmart Power Plan | AxisDirect Standard Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 15 per order | 0.50% (Each Leg) |
| Equity Intraday | Rs 15 per order | 0.05% (Each Leg) |
| Equity Futures | Rs 15 per order | 0.05% (Each Leg) |
| Equity Options | Rs 15 per order | Rs 20 Per Order |
| Currency Futures | Rs 15 per order | 0.03% (Each Leg) |
| Currency Options | Rs 15 per order | Rs 20 Per Order |
| Commodity Futures | Rs 15 per order | 0.03% (Each Leg) |
| Commodity Options | Rs 15 per order | Rs 50 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. | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Ā | TradeSmart | AxisDirect |
|---|---|---|
| Account Type | Value Plan | Standard Brokerage Plan |
| Fixed Charges | NA | NA |
| Equity Delivery | 0.07% | 0.50% (Each Leg) |
| Equity Intraday | 0.007% | 0.05% (Each Leg) |
| Equity Futures | 0.007% | 0.05% (Each Leg) |
| Equity Options | Rs 7 Per Lot | Rs 20 Per Order |
| Currency Futures | 0.007% | 0.03% (Each Leg) |
| Currency Options | Rs 7 Per Lot | Rs 20 Per Order |
| Commodity Futures | 0.007% | 0.03% (Each Leg) |
| Commodity Options | Rs 7 Per Lot | Rs 50 per lot |
| Open TradeSmart Account | Open AxisDirect Account |
| Minimum Brokerage | Rs 15 per executed order | Rs 25 per trade |
| 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 20 per call (First 20 calls free for a month) |
| Open TradeSmart Account | Open AxisDirect Account |
TradeSmart margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the AxisDirect margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Ā | TradeSmart | AxisDirect |
|---|---|---|
| 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) |
| Open TradeSmart Account | Open AxisDirect Account |
The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.
| Ā | TradeSmart | AxisDirect |
|---|---|---|
| 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 | DirectTrade, Axisdirect Web, Axisdirect Mobile |
| Intraday Square-off Time | Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing | 3:15 |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open TradeSmart Account | Open AxisDirect Account |
TradeSmart is rated of 5 based on 67 customer reviews whereas AxisDirect is rated of 5 based on 89 customer reviews.
| Ā | TradeSmart | AxisDirect |
|---|---|---|
| Ā | 67 Customer Reviews Ā Ā Ā  | 89 Customer Reviews Ā Ā Ā |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform | |  |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | TradeSmart is Rated 4.0 / 5 based on 67 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Ā | TradeSmart | AxisDirect |
|---|---|---|
| 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. | Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Ā | TradeSmart | AxisDirect |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Ā | TradeSmart | AxisDirect |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open TradeSmart Account | Open AxisDirect Account |
| Ā | TradeSmart | AxisDirect |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Ā | TradeSmart | AxisDirect |
|---|---|---|
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| Reviews | Useful Articles:
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| Promo / Offers | TradeSmart Special OfferFlat Rs 15 per trade (FREE Account Opening)
This is a limited-time offer. Open Instant TradeSmart Account online and start trading today. | AxisDirect Special OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! |
| Open TradeSmart Account | Open AxisDirect Account |
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