TradeSmart Vs Yes Securities (Compare TradeSmart and Yes Securities)

TradeSmart Vs Yes Securities

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.

	TradeSmart	Yes Securities
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE
Year of Incorporation	1994	2013
Number of Branches	1	52
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TradeSmart Vs Yes Securities Charges & AMC

TradeSmart trading account opening charges is Free while Yes Securities account opening changes is Rs 999. TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Yes Securities Demat Account AMC Charges is Rs 500.

	TradeSmart	Yes Securities
Trading Account Opening Charges	Free	Rs 999
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 500

TradeSmart Vs Yes Securities Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides).

Account Type	TradeSmart Power Plan	Yes Securities INVEST Value Plan
Fixed Charges	NA
Equity Delivery	Rs 15 per order	0.45%
Equity Intraday	Rs 15 per order	0.05%(both Sides)
Equity Futures	Rs 15 per order	0.05% | Intraday - 0.02%
Equity Options	Rs 15 per order	Rs 75 per lot | Intraday - Rs 25 per lot
Currency Futures	Rs 15 per order	0.05% | Intraday - 0.02%
Currency Options	Rs 15 per order	Rs 75 per lot | Intraday - Rs 25 per lot
Commodity Futures	Rs 15 per order	NA
Commodity Options	Rs 15 per order	NA
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 Yes Securities Brokerage Plan 2

	TradeSmart	Yes Securities
Account Type	Value Plan	INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover)
Fixed Charges	NA
Equity Delivery	0.07%	0.40%
Equity Intraday	0.007%	0.04%
Equity Futures	0.007%	0.04% | Intraday - 0.02%
Equity Options	Rs 7 Per Lot	Rs 70 per lot | Intraday - Rs 25 per lot
Currency Futures	0.007%	0.04% | Intraday - 0.02%
Currency Options	Rs 7 Per Lot	Rs 70 per lot | Intraday - Rs 25 per lot
Commodity Futures	0.007%	NA
Commodity Options	Rs 7 Per Lot	NA
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TradeSmart Charges Vs Yes Securities

Minimum Brokerage	Rs 15 per executed order	Rs 25 or 2.5% of Trade Value whichever is lower
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	Additional Rs 25 per executed order
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TradeSmart Vs Yes Securities Leverage (Margin)

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

	TradeSmart	Yes Securities
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 TradeSmart and Yes Securities Features

The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Yes Securities offers YesInvest (Website), Yes Trader (Mobile App) trading software.

	TradeSmart	Yes Securities
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	YesInvest (Website), Yes Trader (Mobile App)
Intraday Square-off Time	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
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TradeSmart Vs Yes Securities Review

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

	TradeSmart	Yes Securities
	67 Customer Reviews	5 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	Yes Securities is Rated 2.2 / 5 based on 5 customer reviews

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TradeSmart Vs Yes Securities Investment Options

	TradeSmart	Yes Securities
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

TradeSmart Vs Yes Securities Order Type Offered

	TradeSmart	Yes Securities
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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TradeSmart Vs Yes Securities Suitable For Investor Type

	TradeSmart	Yes Securities
Casual Investor
Active Investor
Trader

TradeSmart Vs Yes Securities - Pros and Cons

	TradeSmart	Yes Securities
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.	Part of the prestigious Yes Bank. Full-service broker offering dedicated RM to all customers. Offer 3-in-1 investment account for seamless transactions between bank, trading and demat account. Neighborhood support is available through 50+ branches.
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.	Very expensive brokerage charges Doesn't offer commodity trading at MCX. Minimum brokerage of Rs 25. Call & Trade is available for an additional Rs 25 per executed order. Doesn't provide 'Installable Trading Terminal' software to customers.
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.	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
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