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 Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Groww Invest Tech Pvt Ltd, which is a SEBI-registered stockbroker and a member of NSE and BSE.
Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offe...
Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
| TradeSmart | Groww | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | NSE and BSE |
| Year of Incorporation | 1994 | 2016 |
| Number of Branches | 1 | 0 |
| Open TradeSmart Account | Open Groww Account |
TradeSmart trading account opening charges is Free while Groww account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Groww Demat Account AMC Charges is Rs 0.
| TradeSmart | Groww | |
|---|---|---|
| Trading Account Opening Charges | Free | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Free | Rs 0 |
| Demat Account AMC Charges | Rs 300 (1st Year Free) | Rs 0 |
TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.
| Account Type | TradeSmart Power Plan | Groww Standard Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 15 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | Rs 15 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 15 per order | Rs 20 per executed order |
| Equity Options | Rs 15 per order | Rs 20 per executed order |
| Currency Futures | Rs 15 per order | NA |
| Currency Options | Rs 15 per order | NA |
| Commodity Futures | Rs 15 per order | Rs 20 per executed order or 0.05% whichever is low |
| Commodity Options | Rs 15 per order | Rs 20 per executed order or 0.05% whichever is low |
| 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: Invest in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today. |
| TradeSmart | Groww | |
|---|---|---|
| Account Type | Value Plan | Standard Plan |
| Fixed Charges | NA | NA |
| Equity Delivery | 0.07% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 0.007% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 0.007% | Rs 20 per executed order |
| Equity Options | Rs 7 Per Lot | Rs 20 per executed order |
| Currency Futures | 0.007% | NA |
| Currency Options | Rs 7 Per Lot | NA |
| Commodity Futures | 0.007% | Rs 20 per executed order or 0.05% whichever is low |
| Commodity Options | Rs 7 Per Lot | Rs 20 per executed order or 0.05% whichever is low |
| Open TradeSmart Account | Open Groww Account |
| Minimum Brokerage | Rs 15 per executed order | Rs 20 or 0.05% per executed order |
| Other Charges | Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 |
| Call & Trade Charges | Rs 20 per executed order | NA |
| Open TradeSmart Account | Open Groww Account |
TradeSmart margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| TradeSmart | Groww | |
|---|---|---|
| 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 Groww Account |
The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Groww offers Groww trading software.
| TradeSmart | Groww | |
|---|---|---|
| 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 | Groww |
| Intraday Square-off Time | Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing | 3:10 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open TradeSmart Account | Open Groww Account |
TradeSmart is rated of 5 based on 67 customer reviews whereas Groww is rated of 5 based on 107 customer reviews.
| TradeSmart | Groww | |
|---|---|---|
67 Customer Reviews  | 107 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 | Groww is Rated 3.8 / 5 based on 107 customer reviews |
| TradeSmart | Groww | |
|---|---|---|
| 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 in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today. |
| TradeSmart | Groww | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| TradeSmart | Groww | |
|---|---|---|
| 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 Groww Account |
| TradeSmart | Groww | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| TradeSmart | Groww | |
|---|---|---|
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| Reviews | Useful Articles:
| Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors. |
| 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. | Groww Special OfferInvest in Stocks and Mutual Funds on Groww
Start your investment journey today! |
| Open TradeSmart Account | Open Groww Account |
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