TradeSmart Vs Firstock (Compare TradeSmart and Firstock)

TradeSmart Vs Firstock

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2021, Firstock is a Discount Broker. It offers trading at BSE, NSE. It has branches across India.

	TradeSmart	Firstock
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE
Year of Incorporation	1994	2021
Number of Branches	1
	Open TradeSmart Account	Open Firstock Account

TradeSmart Vs Firstock Charges & AMC

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

	TradeSmart	Firstock
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)	Rs 0 (Free)

TradeSmart Vs Firstock Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Firstock brokerage charges for equity is Rs 0 and intraday is Rs 20 per executed order.

Account Type	TradeSmart Power Plan	Firstock
Fixed Charges	NA
Equity Delivery	Rs 15 per order	Rs 0
Equity Intraday	Rs 15 per order	Rs 20 per executed order
Equity Futures	Rs 15 per order	Rs 20 per order, 0.03% or whichever is lower
Equity Options	Rs 15 per order	Rs 20 per order, 0.03% or whichever is lower
Currency Futures	Rs 15 per order
Currency Options	Rs 15 per order
Commodity Futures	Rs 15 per order
Commodity Options	Rs 15 per order
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: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

TradeSmart Vs Firstock Brokerage Plan 2

	TradeSmart	Firstock
Account Type	Value Plan
Fixed Charges	NA
Equity Delivery	0.07%	Rs 0
Equity Intraday	0.007%	Rs 20 per executed order
Equity Futures	0.007%	Rs 20 per order, 0.03% or whichever is lower
Equity Options	Rs 7 Per Lot	Rs 20 per order, 0.03% or whichever is lower
Currency Futures	0.007%
Currency Options	Rs 7 Per Lot
Commodity Futures	0.007%
Commodity Options	Rs 7 Per Lot
	Open TradeSmart Account	Open Firstock Account

TradeSmart Charges Vs Firstock

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
Call & Trade Charges	Rs 20 per executed order	Rs 50
	Open TradeSmart Account	Open Firstock Account

TradeSmart Vs Firstock Leverage (Margin)

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

	TradeSmart	Firstock
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 Firstock Account

Compare TradeSmart and Firstock Features

The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Firstock offers Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web trading software.

	TradeSmart	Firstock
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	Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web
Intraday Square-off Time	Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing	3:25 PM
Trading In SME Shares Allowed?
Referral Program
Other Features		⁠⁠APIs for Algo Trading
	Open TradeSmart Account	Open Firstock Account

TradeSmart Vs Firstock Review

TradeSmart is rated of 5 based on 67 customer reviews whereas Firstock is rated of 5 based on 1 customer reviews.

	TradeSmart	Firstock
	67 Customer Reviews	1 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	Firstock is Rated 3.0 / 5 based on 1 customer reviews

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TradeSmart Vs Firstock Investment Options

	TradeSmart	Firstock
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

TradeSmart Vs Firstock Order Type Offered

	TradeSmart	Firstock
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 Firstock Account

TradeSmart Vs Firstock Suitable For Investor Type

	TradeSmart	Firstock
Casual Investor
Active Investor
Trader

TradeSmart Vs Firstock - Pros and Cons

	TradeSmart	Firstock
Pros	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.	Single-View Dashboard – Access key market data at a glance: index levels, highs & lows, P/E, P/B, dividend yield, put-call ratio, futures, and synthetic futures. Complete Portfolio View – Track P&L, invested/current value, available & used margin, open positions, and sector-wise holdings snapshot. Indices Tab – Stay updated with Nifty, Bank Nifty, and more; view daily/weekly/monthly performance and live market depth. Quick Market Analysis – Assess trends instantly for better trading decisions. One-Click Options Strategies – Execute Straddle or Strangle quickly by selecting strike range and auto-filling orders for fast, error-free execution. Basket Orders – Use predefined or custom multi-leg strategies (e.g., Iron Condor, Straddle). Advanced Strategy Tools – Review, sequence, check payoff charts, verify margin needs, and execute in one click. Reusable Strategies – Save and apply strategies to any instrument later. Clutter-Free Interface – Only the data you need, presented simply.
Cons	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.	Businesses, partnerships, and non-resident Indians (NRIs) have to open accounts offline (in person or via mail). Rs 20 charge for orders like buybacks or delistings. No Currency/Commodity Trading.
Reviews	Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
Promo / Offers	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.	Firstock Special Offer Unlimited Trades @ ZERO Brokerage on Delivery trades Rs 0 brokerage on Delivery. Rs 20 per executed order on F&O and Intraday. This is a limited-time offer. Open a Free Demat Account online and start trading today.
	Open TradeSmart Account	Open Firstock Account