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 Arihant Capital
Established in 1992, Arihant Capital Markets Limited is a relationship-driven financial services firm with a wide physical presence across India. Its offerings extend beyond trading to include long-term investment and wealth solutions across equities, derivatives, mutual funds, fixed income, PMS, and specialised services for HNIs and NRIs.
Backed by institutional-grade research, portfolio reportin...
Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 1992, Arihant Capital is a Full Service Broker. It offers trading at BSE, NSE. It has 700 branches across India.
| Â | TradeSmart | Arihant Capital |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE |
| Year of Incorporation | 1994 | 1992 |
| Number of Branches | 1 | 700 |
| Open TradeSmart Account |
TradeSmart trading account opening charges is Free while Arihant Capital account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Arihant Capital Demat Account AMC Charges is 1st year Nil; from 2nd year onwards Rs 362 p.a..
| Â | TradeSmart | Arihant Capital |
|---|---|---|
| Trading Account Opening Charges | Free | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Free | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 (1st Year Free) | 1st year Nil; from 2nd year onwards Rs 362 p.a. |
TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Arihant Capital brokerage charges for equity is Rs 20 per order | 0.03% (whichever is lower) and intraday is Rs 20 per order | 0.03% (whichever is lower).
| Account Type | TradeSmart Power Plan | Arihant Capital |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 15 per order | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Intraday | Rs 15 per order | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Futures | Rs 15 per order | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Options | Rs 15 per order | Rs 50 per lot |
| Currency Futures | Rs 15 per order | 0.01% of order value |
| Currency Options | Rs 15 per order | Rs 10 per lot |
| Commodity Futures | Rs 15 per order | MCX: 0.02% order value NCDEX: 0.02% order value |
| Commodity Options | Rs 15 per order | MCX: Rs 50 per lot NCDEX: Rs 20 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. |
| Â | TradeSmart | Arihant Capital |
|---|---|---|
| Account Type | Value Plan | |
| Fixed Charges | NA | |
| Equity Delivery | 0.07% | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Intraday | 0.007% | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Futures | 0.007% | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Options | Rs 7 Per Lot | Rs 50 per lot |
| Currency Futures | 0.007% | 0.01% of order value |
| Currency Options | Rs 7 Per Lot | Rs 10 per lot |
| Commodity Futures | 0.007% | MCX: 0.02% order value NCDEX: 0.02% order value |
| Commodity Options | Rs 7 Per Lot | MCX: Rs 50 per lot NCDEX: Rs 20 per lot |
| Open TradeSmart Account |
| Minimum Brokerage | Rs 15 per executed order | Rs 20 |
| Other Charges | Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order | Online Bank Transfer Charges Rs 0 |
| Call & Trade Charges | Rs 20 per executed order | Rs 0 |
| Open TradeSmart Account |
TradeSmart margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Arihant Capital margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Â | TradeSmart | Arihant Capital |
|---|---|---|
| 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. Arihant Capital offers ArihantPlus App trading software.
| Â | TradeSmart | Arihant Capital |
|---|---|---|
| 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 | ArihantPlus App |
| Intraday Square-off Time | 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 TradeSmart Account |
TradeSmart is rated of 5 based on 67 customer reviews whereas Arihant Capital is rated of 5 based on 0 customer reviews.
| Â | TradeSmart | Arihant Capital |
|---|---|---|
|  | 67 Customer Reviews     | 0 Customer Reviews    |
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| Trading Platform | | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | TradeSmart is Rated 4.0 / 5 based on 67 customer reviews | Arihant Capital is Rated / 5 based on 0 customer reviews |
| Â | TradeSmart | Arihant Capital |
|---|---|---|
| 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. |
| Â | TradeSmart | Arihant Capital |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Â | TradeSmart | Arihant Capital |
|---|---|---|
| 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 |
| Â | TradeSmart | Arihant Capital |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Â | TradeSmart | Arihant Capital |
|---|---|---|
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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 |
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