Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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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... 
About Anand Rathi
Incorporated in 1994, Anand Rathi is one of the leading financial and investment service providers in India. Anand Rathi is a full-service broker. It offers a wide range of investment services including broking services for equities, commodities, IPOs, currency, derivatives, structure products, bonds and smart baskets.
Anand Rathi also offers insurance, corporate deposits and loans, portfolio management, research and advisory, margin funding, loan against shares, etc. There are no charges on ad...
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 |
| Open TradeSmart Account |
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 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 | 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 |
| Open TradeSmart Account |
| 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) |
| Open TradeSmart Account |
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) |
| Open TradeSmart Account |
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 | ||
| Open TradeSmart Account |
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 |
| TradeSmart | Anand Rathi | |
|---|---|---|
| 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. | 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 | Anand Rathi | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| 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) | | |
| Open TradeSmart Account |
| TradeSmart | Anand Rathi | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| TradeSmart | Anand Rathi | |
|---|---|---|
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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. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open TradeSmart Account |
Open TradeSmart Account