5paisa Vs TradeSmart (Compare 5paisa and TradeSmart)

5paisa Vs TradeSmart

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	5paisa	TradeSmart
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, BSE	BSE, NSE, MCX
Year of Incorporation	1996	1994
Number of Branches	1	1
	Open 5paisa Account	Open TradeSmart Account

5paisa Vs TradeSmart Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while TradeSmart account opening changes is Free. 5paisa Demat Account AMC Charges is Rs 300 and TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free).

	5paisa	TradeSmart
Trading Account Opening Charges	Rs 0 (Free)	Free
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Free
Demat Account AMC Charges	Rs 300	Rs 300 (1st Year Free)

5paisa Vs TradeSmart Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

Account Type	5paisa Regular Account Plan	TradeSmart Power Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per executed order	Rs 15 per order
Equity Intraday	Rs 20 per executed order	Rs 15 per order
Equity Futures	Rs 20 per executed order	Rs 15 per order
Equity Options	Rs 20 per executed order	Rs 15 per order
Currency Futures	Rs 20 per executed order	Rs 15 per order
Currency Options	Rs 20 per executed order	Rs 15 per order
Commodity Futures	Rs 20 per executed order	Rs 15 per order
Commodity Options	Rs 20 per executed order	Rs 15 per order
Special Offer	Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.	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.

5paisa Vs TradeSmart Brokerage Plan 2

	5paisa	TradeSmart
Account Type	Power Investor Pack	Value Plan
Fixed Charges	Rs 599 per month	NA
Equity Delivery	Rs 10 per executed order	0.07%
Equity Intraday	Rs 10 per executed order	0.007%
Equity Futures	Rs 10 per executed order	0.007%
Equity Options	Rs 10 per executed order	Rs 7 Per Lot
Currency Futures	Rs 10 per executed order	0.007%
Currency Options	Rs 10 per executed order	Rs 7 Per Lot
Commodity Futures	Rs 10 per executed order	0.007%
Commodity Options	Rs 10 per executed order	Rs 7 Per Lot
	Open 5paisa Account	Open TradeSmart Account

5paisa Vs TradeSmart Brokerage Plan 3

	5paisa	TradeSmart
Account Type	Ultra Trader Pack	Power Plan
Fixed Charges	Rs 1199 per month	NA
Equity Delivery	Rs 10 per executed order	Rs 15 per order
Equity Intraday	Rs 10 per executed order	Rs 15 per order
Equity Futures	Rs 10 per executed order	Rs 15 per order
Equity Options	Rs 10 per executed order	Rs 15 per order
Currency Futures	Rs 10 per executed order	Rs 15 per order
Currency Options	Rs 10 per executed order	Rs 15 per order
Commodity Futures	Rs 10 per executed order	Rs 15 per order
Commodity Options	Rs 10 per executed order	Rs 15 per order
	Open 5paisa Account	Open TradeSmart Account

5paisa Charges Vs TradeSmart

Minimum Brokerage	Rs 20 per trade	Rs 15 per executed order
Other Charges		Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges	Additional ₹20 per order + GST	Rs 20 per executed order
	Open 5paisa Account	Open TradeSmart Account

5paisa Vs TradeSmart Leverage (Margin)

5paisa 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.

	5paisa	TradeSmart
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 5paisa Account	Open TradeSmart Account

Compare 5paisa and TradeSmart Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). TradeSmart offers Mobile trading app, Desktop trading application, Browser, APIs trading software.

	5paisa	TradeSmart
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	5paisa Trade Station (Web, Mobile App and EXE)	Mobile trading app, Desktop trading application, Browser, APIs
Intraday Square-off Time	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM	Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open 5paisa Account	Open TradeSmart Account

5paisa Vs TradeSmart Review

5paisa is rated of 5 based on 97 customer reviews whereas TradeSmart is rated of 5 based on 67 customer reviews.

	5paisa	TradeSmart
	97 Customer Reviews	67 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	5paisa is Rated 2.6 / 5 based on 97 customer reviews	TradeSmart is Rated 4.0 / 5 based on 67 customer reviews

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5paisa Vs TradeSmart Investment Options

	5paisa	TradeSmart
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

5paisa Vs TradeSmart Order Type Offered

	5paisa	TradeSmart
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
	Open 5paisa Account	Open TradeSmart Account

5paisa Vs TradeSmart Suitable For Investor Type

	5paisa	TradeSmart
Casual Investor
Active Investor
Trader

5paisa Vs TradeSmart - Pros and Cons

	5paisa	TradeSmart
Pros	Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade. Free trading software's including 5paisa mobile app and trading terminal. Brokerage free direct mutual funds.	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	Margin funding is given to the customers without notice. These cases cause major confusion, and customers pay hefty interest charges. Call & Trade is available at an additional Rs 20 per order + GST. Research & advisory services are not available in Optimum Plan. 5Paisa doesn't offer NRI Trading services. Doesn't offer 3-in-1 account.	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		Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
Promo / Offers	5paisa Special Offer 5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived) Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today.	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 5paisa Account	Open TradeSmart Account