Bajaj Broking Vs TradeSmart (Compare Bajaj Broking and TradeSmart)

About Bajaj Broking

Bajaj Broking is the stockbroking arm of the Bajaj Group, a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India offering online Demat, Trading, and investment platforms. Known for its subscription-based flat brokerage, simple onboarding, and an integrated ecosystem covering Stocks, Mutual Funds, Bonds, F&O, IPOs, and Margin Trading Facility (MTF), it is designed for both new... Know more about Bajaj Broking

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... Know more about TradeSmart

Bajaj Broking Vs TradeSmart

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Incorporated in 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

 Bajaj BrokingTradeSmart
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSEBSE, NSE, MCX
Year of Incorporation20101994
Number of Branches471
Open Bajaj Broking AccountOpen TradeSmart Account

Bajaj Broking Vs TradeSmart Charges & AMC

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

 Bajaj BrokingTradeSmart
Trading Account Opening ChargesRs 0 (Free)Free
Trading Account AMC ChargesRs 0 (Free)Rs 0
Demat Account Opening ChargesRs 0 (Free)Free
Demat Account AMC ChargesRs 0 (Free)Rs 300 (1st Year Free)

Bajaj Broking Vs TradeSmart Brokerage

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Bajaj Broking brokerage charges for equity is Rs.20 per order and intraday is Rs 20 per order whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

Account TypeBajaj Broking Freedom PlanTradeSmart Power Plan
Fixed ChargesFree for 1st year | Rs.431/year thereafterNA
Equity DeliveryRs.20 per orderRs 15 per order
Equity IntradayRs 20 per orderRs 15 per order
Equity FuturesRs 20 per orderRs 15 per order
Equity OptionsRs 20 per orderRs 15 per order
Currency FuturesRs 15 per order
Currency OptionsRs 15 per order
Commodity FuturesRs 15 per order
Commodity OptionsRs 15 per order
Special Offer
Special Offer: Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account.
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.

Bajaj Broking Vs TradeSmart Brokerage Plan 2

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 Bajaj BrokingTradeSmart
Account TypeProfessional PackValue Plan
Fixed ChargesRs 2500 per yearNA
Equity DeliveryRs.10 per order0.07%
Equity IntradayRs 10 per order0.007%
Equity FuturesRs 10 per order0.007%
Equity OptionsRs 10 per orderRs 7 Per Lot
Currency Futures0.007%
Currency OptionsRs 7 Per Lot
Commodity Futures0.007%
Commodity OptionsRs 7 Per Lot
Open Bajaj Broking AccountOpen TradeSmart Account

Bajaj Broking Charges Vs TradeSmart

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Minimum BrokerageRs 15 per executed order
Other ChargesRMS Auto-Square off: Rs 20 per orderIntraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade ChargesRs 20 per tradeRs 20 per executed order
Open Bajaj Broking AccountOpen TradeSmart Account

Bajaj Broking Vs TradeSmart Leverage (Margin)

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

 Bajaj BrokingTradeSmart
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 Bajaj Broking AccountOpen TradeSmart Account

Compare Bajaj Broking and TradeSmart Features

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The trading platforms offered Bajaj Broking include Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform. TradeSmart offers Mobile trading app, Desktop trading application, Browser, APIs trading software.

 Bajaj BrokingTradeSmart
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformMobile Trading App, Trading Web, API Trading, and the TWS desktop platformMobile trading app, Desktop trading application, Browser, APIs
Intraday Square-off Time3:15 PMEquity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Trading In SME Shares Allowed?YesNo
Referral ProgramNoYes
Other Features
Open Bajaj Broking AccountOpen TradeSmart Account

Bajaj Broking Vs TradeSmart Review

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Bajaj Broking is rated of 5 based on 17 customer reviews whereas TradeSmart is rated of 5 based on 67 customer reviews.

 Bajaj BrokingTradeSmart
 17 Customer Reviews    Rate Bajaj Broking67 Customer Reviews    Rate TradeSmart
FeesRated 2.8 starsRated 3.8 stars
BrokerageRated 3.2 starsRated 4.4 stars
Trading PlatformRated 2.9 starsRated 3.8 stars
Customer ServiceRated 2.6 starsRated 4.0 stars
Research CapabilitiesRated 2.3 starsRated 2.7 stars
Overall RatingRated 3.1 starsRated 4.0 stars
Broker RatingBajaj Broking is Rated 3.1 / 5 based on 17 customer reviewsTradeSmart is Rated 4.0 / 5 based on 67 customer reviews

Contact Broker / Request A Call Back

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 Bajaj BrokingTradeSmart
Contact Broker
Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account.
Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

Bajaj Broking Vs TradeSmart Investment Options

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 Bajaj BrokingTradeSmart
Stock / EquityYesYes
CommodityNoYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesNo

Bajaj Broking Vs TradeSmart Order Type Offered

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 Bajaj BrokingTradeSmart
Bracket OrderYesYes
Cover OrderNoYes
Buy Today Sell Tomorrow (BTST)YesNo
Sell Today Buy Tomorrow (STBT)YesNo
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)YesYes
Open Bajaj Broking AccountOpen TradeSmart Account

Bajaj Broking Vs TradeSmart Suitable For Investor Type

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 Bajaj BrokingTradeSmart
Casual InvestorYesNo
Active InvestorYesYes
TraderYesYes

Bajaj Broking Vs TradeSmart - Pros and Cons

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 Bajaj BrokingTradeSmart
Pros
  1. Part of Bajaj Financial, a leading NBFC in India.
  2. Freedom Pack: Rs 20 / order and Professional Pack: Rs 10 / order for all the segments.
  3. Loan Against Securities is available.
  4. Margin Trading Funding (MTF) is available.
  5. Fast and safe fund transfer.
  • 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.
Cons
  1. Yearly subscription fee is mandatory.
  2. Call & Trade is available at an additional Rs 20 per executed order.
  3. Very high demat debit transaction charges (Rs 30 per ISIN).
  4. 3-in-1 account is not available.
  • 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.
Reviews
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Promo / Offers

Bajaj Broking Special Offer

Freedom Plus Pack (Lifetime AMC Free)

  • Account Opening: FREE
  • Invest in Stocks, IPOs, Mutual Funds & Bonds- All in One App
  • Intraday & F&O Brokerage: Rs 20/trade

This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you.

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.

Open Bajaj Broking AccountOpen TradeSmart Account
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