TradeSmart Vs Tradingo (Compare TradeSmart and Tradingo)

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... Know more about TradeSmart

About Tradingo

Tradingo is an online trading platform, powered by Swastika Investmart Limited (SEBI Reg. No. : INZ000192732), a traditional brokerage company and financial service provider since 1992. Tradingo is a discount broker that offers transparent and affordable brokerage services to customers who want to trade in the Indian stock market. They allow people to trade online with the help of a broker, ensuri... Know more about Tradingo

TradeSmart Vs Tradingo

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Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

 TradeSmartTradingo
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCXNSE, BSE, MCX and NCDEX
Year of Incorporation19942016
Number of Branches1
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TradeSmart Vs Tradingo Charges & AMC

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TradeSmart trading account opening charges is Free while Tradingo account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Tradingo Demat Account AMC Charges is Rs 250 +GST (From 2nd Year).

 TradeSmartTradingo
Trading Account Opening ChargesFreeRs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesFreeRs 0
Demat Account AMC ChargesRs 300 (1st Year Free)Rs 250 +GST (From 2nd Year)

TradeSmart Vs Tradingo Brokerage

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TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Tradingo brokerage charges for equity is Rs 20 per trade or 2.5% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).

Account TypeTradeSmart Power PlanTradingo Discount Broking Plan
Fixed ChargesNANil
Equity DeliveryRs 15 per orderRs 20 per trade or 2.5% (whichever is lower)
Equity IntradayRs 15 per orderRs 20 per trade or 0.05% (whichever is lower)
Equity FuturesRs 15 per orderRs 20 per trade or 0.05% (whichever is lower)
Equity OptionsRs 15 per orderRs 20 per executed order
Currency FuturesRs 15 per orderRs 20 per trade or 0.05% (whichever is lower)
Currency OptionsRs 15 per orderRs 20 per executed order
Commodity FuturesRs 15 per orderRs 20 per trade or 0.05% (whichever is lower)
Commodity OptionsRs 15 per orderRs 20 per executed 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.

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.

TradeSmart Vs Tradingo Brokerage Plan 2

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 TradeSmartTradingo
Account TypeValue PlanPremium Plan
Fixed ChargesNANil
Equity Delivery0.07%0.3% of trade value
Equity Intraday0.007%0.03% of trade value
Equity Futures0.007%0.03% of trade value
Equity OptionsRs 7 Per LotRs 30 per lot
Currency Futures0.007%0.3% of trade value
Currency OptionsRs 7 Per LotRs 30 per lot
Commodity Futures0.007%0.3% of trade value
Commodity OptionsRs 7 Per LotRs 30 per lot
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TradeSmart Charges Vs Tradingo

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Minimum BrokerageRs 15 per executed orderRs 0
Other ChargesIntraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed orderReal Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade ChargesRs 20 per executed orderAdditional Rs 20 per executed order
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TradeSmart Vs Tradingo Leverage (Margin)

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

 TradeSmartTradingo
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 TradeSmart and Tradingo Features

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The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Tradingo offers Tradingo, Justrade trading software.

 TradeSmartTradingo
3 in 1 AccountNoNo
Automated TradingYesNo
Margin Trading FundingNoYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformMobile trading app, Desktop trading application, Browser, APIsTradingo, Justrade
Intraday Square-off TimeEquity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closingEq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Trading In SME Shares Allowed?NoNo
Referral ProgramYesNo
Other Features
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TradeSmart Vs Tradingo Review

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TradeSmart is rated of 5 based on 67 customer reviews whereas Tradingo is rated of 5 based on 6 customer reviews.

 TradeSmartTradingo
 67 Customer Reviews    Rate TradeSmart6 Customer Reviews    Rate Tradingo
FeesRated 3.8 starsRated 4.2 stars
BrokerageRated 4.4 starsRated 4.7 stars
Trading PlatformRated 3.8 starsRated 3.5 stars
Customer ServiceRated 4.0 starsRated 3.8 stars
Research CapabilitiesRated 2.7 starsRated 2.0 stars
Overall RatingRated 4.0 starsRated 4.0 stars
Broker RatingTradeSmart is Rated 4.0 / 5 based on 67 customer reviewsTradingo is Rated 4.0 / 5 based on 6 customer reviews

Contact Broker / Request A Call Back

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 TradeSmartTradingo
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.

TradeSmart Vs Tradingo Investment Options

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 TradeSmartTradingo
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtNoYes

TradeSmart Vs Tradingo Order Type Offered

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 TradeSmartTradingo
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)NoNo
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesNo
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TradeSmart Vs Tradingo Suitable For Investor Type

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 TradeSmartTradingo
Casual InvestorNoNo
Active InvestorYesYes
TraderYesYes

TradeSmart Vs Tradingo - Pros and Cons

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 TradeSmartTradingo
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.
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
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.
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
Reviews
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Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges Rs 20 per order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per trade or 0.05% (whichever is lower) for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

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.

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.

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Side-by-Side Comparison of Broker