TradeSmart Vs Yes Securities (Compare TradeSmart and Yes Securities)

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 Yes Securities

Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO. YSL offers a 3-in-1 account wherein a bank savings a... Know more about Yes Securities

TradeSmart Vs Yes Securities

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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 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.

 TradeSmartYes Securities
Type of BrokerDiscount BrokerFull Service Broker
Exchnage MembershipBSE, NSE, MCXBSE, NSE
Year of Incorporation19942013
Number of Branches152
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TradeSmart Vs Yes Securities Charges & AMC

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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.

 TradeSmartYes Securities
Trading Account Opening ChargesFreeRs 999
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesFreeRs 0
Demat Account AMC ChargesRs 300 (1st Year Free)Rs 500

TradeSmart Vs Yes Securities Brokerage

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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 TypeTradeSmart Power PlanYes Securities INVEST Value Plan
Fixed ChargesNA
Equity DeliveryRs 15 per order0.45%
Equity IntradayRs 15 per order0.05%(both Sides)
Equity FuturesRs 15 per order0.05% | Intraday - 0.02%
Equity OptionsRs 15 per orderRs 75 per lot | Intraday - Rs 25 per lot
Currency FuturesRs 15 per order0.05% | Intraday - 0.02%
Currency OptionsRs 15 per orderRs 75 per lot | Intraday - Rs 25 per lot
Commodity FuturesRs 15 per orderNA
Commodity OptionsRs 15 per orderNA
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

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 TradeSmartYes Securities
Account TypeValue PlanINVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover)
Fixed ChargesNA
Equity Delivery0.07%0.40%
Equity Intraday0.007%0.04%
Equity Futures0.007%0.04% | Intraday - 0.02%
Equity OptionsRs 7 Per LotRs 70 per lot | Intraday - Rs 25 per lot
Currency Futures0.007%0.04% | Intraday - 0.02%
Currency OptionsRs 7 Per LotRs 70 per lot | Intraday - Rs 25 per lot
Commodity Futures0.007%NA
Commodity OptionsRs 7 Per LotNA
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TradeSmart Charges Vs Yes Securities

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Minimum BrokerageRs 15 per executed orderRs 25 or 2.5% of Trade Value whichever is lower
Other ChargesIntraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade ChargesRs 20 per executed orderAdditional Rs 25 per executed order
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TradeSmart Vs Yes Securities 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 Yes Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 TradeSmartYes Securities
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 Yes Securities Features

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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.

 TradeSmartYes Securities
3 in 1 AccountNoYes
Automated TradingYesNo
Margin Trading FundingNoNo
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)YesNo
Trading PlatformMobile trading app, Desktop trading application, Browser, APIsYesInvest (Website), Yes Trader (Mobile App)
Intraday Square-off TimeEquity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Trading In SME Shares Allowed?NoNo
Referral ProgramYesNo
Other Features
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TradeSmart Vs Yes Securities Review

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

 TradeSmartYes Securities
 67 Customer Reviews    Rate TradeSmart5 Customer Reviews    Rate Yes Securities
FeesRated 3.8 starsRated 3.2 stars
BrokerageRated 4.4 starsRated 2.2 stars
Trading PlatformRated 3.8 starsRated 2.6 stars
Customer ServiceRated 4.0 starsRated 2.4 stars
Research CapabilitiesRated 2.7 starsRated 3.0 stars
Overall RatingRated 4.0 starsRated 2.2 stars
Broker RatingTradeSmart is Rated 4.0 / 5 based on 67 customer reviewsYes Securities is Rated 2.2 / 5 based on 5 customer reviews

Contact Broker / Request A Call Back

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 TradeSmartYes Securities
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 Yes Securities Investment Options

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 TradeSmartYes Securities
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtNoYes

TradeSmart Vs Yes Securities Order Type Offered

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

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 TradeSmartYes Securities
Casual InvestorNoYes
Active InvestorYesNo
TraderYesNo

TradeSmart Vs Yes Securities - Pros and Cons

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 TradeSmartYes 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.
  1. Part of the prestigious Yes Bank.
  2. Full-service broker offering dedicated RM to all customers.
  3. Offer 3-in-1 investment account for seamless transactions between bank, trading and demat account.
  4. 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.
  1. Very expensive brokerage charges
  2. Doesn't offer commodity trading at MCX.
  3. Minimum brokerage of Rs 25.
  4. Call & Trade is available for an additional Rs 25 per executed order.
  5. Doesn't provide 'Installable Trading Terminal' software to customers.
Reviews
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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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