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Indiabulls Securities Logo

About Indiabulls Securities
Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019). Indiabulls Securities Limited offers the user-friendly yet powerful and feature-rich online trading platforms (Power Indiabulls Desktop software, Web and Indiabulls Securities App). ISL offers a wide range of financial and investment services tailored to meet the needs of individ... Know more about Indiabulls Securities

TradeSmart Logo

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... Know more about TradeSmart

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Indiabulls Securities Vs TradeSmart

Incorporated in 2003, Indiabulls Securities is a Discount Broker. It offers trading at BSE, NSE and MCX. It has branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

 Indiabulls SecuritiesTradeSmart
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSE and MCXBSE, NSE, MCX
Year of Incorporation20031994
Number of Branches1
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Indiabulls Securities Vs TradeSmart Charges & AMC

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

 Indiabulls SecuritiesTradeSmart
Trading Account Opening ChargesFree (NIL)Free
Trading Account AMC ChargesRs 0
Demat Account Opening ChargesFree (NIL)Free
Demat Account AMC ChargesRs 300Rs 300 (1st Year Free)

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Indiabulls Securities Vs TradeSmart Brokerage

Indiabulls Securities brokerage charges for equity is Rs 11 per order or 2.5% whichever is lower and intraday is Rs 11 per order or 2.5% whichever is lower whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

Account TypeIndiabulls Securities Flat Fee PlanTradeSmart Power Plan
Fixed ChargesNA
Equity DeliveryRs 11 per order or 2.5% whichever is lowerRs 15 per order
Equity IntradayRs 11 per order or 2.5% whichever is lowerRs 15 per order
Equity FuturesRs 11 per Executed orderRs 15 per order
Equity OptionsRs 11 per Executed orderRs 15 per order
Currency FuturesRs 11 per Executed orderRs 15 per order
Currency OptionsRs 11 per Executed orderRs 15 per order
Commodity FuturesRs 11 per Executed orderRs 15 per order
Commodity OptionsRs 11 per Executed orderRs 15 per order
Special Offer
Special Offer: Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities. Open an instant account (FREE) with Indiabulls Securities 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.

Indiabulls Securities Vs TradeSmart Brokerage Plan 2

 Indiabulls SecuritiesTradeSmart
Account TypeFlat Fee PlanValue Plan
Fixed ChargesNA
Equity DeliveryRs 11 per order or 2.5% whichever is lower0.07%
Equity IntradayRs 11 per order or 2.5% whichever is lower0.007%
Equity FuturesRs 11 per Executed order0.007%
Equity OptionsRs 11 per Executed orderRs 7 Per Lot
Currency FuturesRs 11 per Executed order0.007%
Currency OptionsRs 11 per Executed orderRs 7 Per Lot
Commodity FuturesRs 11 per Executed order0.007%
Commodity OptionsRs 11 per Executed orderRs 7 Per Lot
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Indiabulls Securities Charges Vs TradeSmart

Minimum BrokerageRs 11Rs 15 per executed order
Other ChargesIntraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade ChargesRs 50Rs 20 per executed order
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Indiabulls Securities Vs TradeSmart Leverage (Margin)

Indiabulls Securities 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.

 Indiabulls SecuritiesTradeSmart
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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)
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Compare Indiabulls Securities and TradeSmart Features

The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. TradeSmart offers Mobile trading app, Desktop trading application, Browser, APIs trading software.

 Indiabulls SecuritiesTradeSmart
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformIndiabulls Securities App, Power Indiabulls Web & Power IndiabullsMobile trading app, Desktop trading application, Browser, APIs
Intraday Square-off Time3:15 PMEquity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Trading In SME Shares Allowed?YesNo
Referral ProgramYesYes
Other Features
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Indiabulls Securities Vs TradeSmart Review

Indiabulls Securities is rated of 5 based on 50 customer reviews whereas TradeSmart is rated of 5 based on 67 customer reviews.

 Indiabulls SecuritiesTradeSmart
 50 Customer Reviews    Rate Indiabulls Securities67 Customer Reviews    Rate TradeSmart
FeesRated 3.4 starsRated 3.8 stars
BrokerageRated 3.1 starsRated 4.4 stars
Trading PlatformRated 3.7 starsRated 3.8 stars
Customer ServiceRated 3.0 starsRated 4.0 stars
Research CapabilitiesRated 2.4 starsRated 2.7 stars
Overall RatingRated 3.2 starsRated 4.0 stars
Broker RatingIndiabulls Securities is Rated 3.2 / 5 based on 50 customer reviewsTradeSmart is Rated 4.0 / 5 based on 67 customer reviews

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Contact Broker / Request A Call Back

 Indiabulls SecuritiesTradeSmart
Contact Broker
Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities. Open an instant account (FREE) with Indiabulls Securities and start trading today.
Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

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Indiabulls Securities Vs TradeSmart Investment Options

 Indiabulls SecuritiesTradeSmart
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDNoYes
DebtNoNo

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Indiabulls Securities Vs TradeSmart Order Type Offered

 Indiabulls SecuritiesTradeSmart
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesNo
Sell Today Buy Tomorrow (STBT)YesNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)NoYes
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Indiabulls Securities Vs TradeSmart Suitable For Investor Type

 Indiabulls SecuritiesTradeSmart
Casual InvestorYesNo
Active InvestorYesYes
TraderYesYes

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Indiabulls Securities Vs TradeSmart - Pros and Cons

 Indiabulls SecuritiesTradeSmart
Pros
  • Trade across multiple segments including equities, F&O, commodities, currencies, IPOs, mutual funds, and more—all under one platform.
  • Fast and seamless onboarding experience through the Indiabulls app or official website, with minimal paperwork.
  • Access your trades via a powerful suite of tools—mobile app for convenience, web portal for flexibility, and PIB desktop terminal for professional-grade trading.
  • Free API Access and IB Algo for algo trading
  • NRI trading is available with Indiabulls Securities.
  • Advanced order features like bracket orders, cover orders, and basket orders to manage risk and automate execution.
  • 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
  • No 3-in-1 account opening services.
  • Limited Customer Support Hours
  • 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
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Promo / Offers

Indiabulls Securities Special Offer

₹11 brokerage on trades across all segments

  • Free account opening for everyone
  • ₹11 per executed order across all segments
  • Trade in Equity Delivery, Intraday, F&O, Currency & Commodities
  • Access Indiabulls Securities PIB Desktop Trading Platform

Open your instant Indiabulls account online 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.

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