Mirae Asset Sharekhan Vs TradeSmart (Compare Mirae Asset Sharekhan and TradeSmart)

Mirae Asset Sharekhan Vs TradeSmart

Incorporated in 2000, Mirae Asset Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	Mirae Asset Sharekhan	TradeSmart
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	2000	1994
Number of Branches	2800	1
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Mirae Asset Sharekhan Vs TradeSmart Charges & AMC

Mirae Asset Sharekhan trading account opening charges is Rs 0 (Free) while TradeSmart account opening changes is Free. Mirae Asset Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free).

	Mirae Asset Sharekhan	TradeSmart
Trading Account Opening Charges	Rs 0 (Free)	Free
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Free
Demat Account AMC Charges	Rs 400 (Free for 1st year)	Rs 300 (1st Year Free)

Mirae Asset Sharekhan Vs TradeSmart Brokerage

Mirae Asset Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

Account Type	Mirae Asset Sharekhan Classic Account	TradeSmart Power Plan
Fixed Charges		NA
Equity Delivery	0.30% on market rate or minimum 1 paisa per share	Rs 15 per order
Equity Intraday	0.02% on market rate or minimum 1 paisa per share	Rs 15 per order
Equity Futures	0.02% per transaction value	Rs 15 per order
Equity Options	Rs 39 per lot	Rs 15 per order
Currency Futures	0.02% per transaction value	Rs 15 per order
Currency Options	Rs 5 per lot	Rs 15 per order
Commodity Futures	0.02%	Rs 15 per order
Commodity Options	Rs 20 per lot	Rs 15 per order
Special Offer	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.	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.

Mirae Asset Sharekhan Vs TradeSmart Brokerage Plan 2

	Mirae Asset Sharekhan	TradeSmart
Account Type	Prepaid - Rs 1 Lakh	Value Plan
Fixed Charges	Rs 1,00,000 per year	NA
Equity Delivery	0.10%	0.07%
Equity Intraday	0.015%	0.007%
Equity Futures	0.015%	0.007%
Equity Options	0.05% or Rs 63 per lot	Rs 7 Per Lot
Currency Futures	0.02% per transaction value	0.007%
Currency Options	Rs 5 per lot	Rs 7 Per Lot
Commodity Futures	0.02%	0.007%
Commodity Options	Rs 20 per lot	Rs 7 Per Lot
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Mirae Asset Sharekhan Vs TradeSmart Brokerage Plan 3

	Mirae Asset Sharekhan	TradeSmart
Account Type	Margin - Rs 1 Lakh	Power Plan
Fixed Charges	Rs 1,00,000 margin	NA
Equity Delivery	0.25%	Rs 15 per order
Equity Intraday	0.05%	Rs 15 per order
Equity Futures	0.05%	Rs 15 per order
Equity Options	1% or Rs 70 per lot	Rs 15 per order
Currency Futures	0.02% per transaction value	Rs 15 per order
Currency Options	Rs 5 per lot	Rs 15 per order
Commodity Futures	0.02%	Rs 15 per order
Commodity Options	Rs 20 per lot	Rs 15 per order
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Mirae Asset Sharekhan Charges Vs TradeSmart

Minimum Brokerage	Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share	Rs 15 per executed order
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	Rs 20 per executed order
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Mirae Asset Sharekhan Vs TradeSmart Leverage (Margin)

Mirae Asset Sharekhan 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.

	Mirae Asset Sharekhan	TradeSmart
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)
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Compare Mirae Asset Sharekhan and TradeSmart Features

The trading platforms offered Mirae Asset Sharekhan include TradeTiger, Sharekhan Mobile. TradeSmart offers Mobile trading app, Desktop trading application, Browser, APIs trading software.

	Mirae Asset Sharekhan	TradeSmart
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	TradeTiger, Sharekhan Mobile	Mobile trading app, Desktop trading application, Browser, APIs
Intraday Square-off Time	3:30 PM	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	Pattern finder, Class room training
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Mirae Asset Sharekhan Vs TradeSmart Review

Mirae Asset Sharekhan is rated of 5 based on 316 customer reviews whereas TradeSmart is rated of 5 based on 67 customer reviews.

	Mirae Asset Sharekhan	TradeSmart
	316 Customer Reviews	67 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews	TradeSmart is Rated 4.0 / 5 based on 67 customer reviews

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Mirae Asset Sharekhan Vs TradeSmart Investment Options

	Mirae Asset Sharekhan	TradeSmart
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Mirae Asset Sharekhan Vs TradeSmart Order Type Offered

	Mirae Asset Sharekhan	TradeSmart
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
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Mirae Asset Sharekhan Vs TradeSmart Suitable For Investor Type

	Mirae Asset Sharekhan	TradeSmart
Casual Investor
Active Investor
Trader

Mirae Asset Sharekhan Vs TradeSmart - Pros and Cons

	Mirae Asset Sharekhan	TradeSmart
Pros	Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them. Sharekhan offers online and classroom training, seminars and workshops to investors. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood. Call & Trade facility is free with Sharekhan. Sharekhan allows fixed deposits as collateral for future and option trading.	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	Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services. Classic account holders cannot trade Commodities, as the segment has to be activated separately. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.	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		Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
Promo / Offers	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	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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