Zerodha Vs TradeSmart (Compare Zerodha and TradeSmart)

About Zerodha

Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03... Know more about Zerodha

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

Zerodha Vs TradeSmart

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Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

 ZerodhaTradeSmart
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipNSE, BSE, MCX and NCDEXBSE, NSE, MCX
Year of Incorporation20101994
Number of Branches221
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Zerodha Vs TradeSmart Charges & AMC

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Zerodha trading account opening charges is Rs 0 while TradeSmart account opening changes is Free. Zerodha Demat Account AMC Charges is Rs 300 and TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free).

 ZerodhaTradeSmart
Trading Account Opening ChargesRs 0Free
Trading Account AMC ChargesRs 0 (Free)Rs 0
Demat Account Opening ChargesRs 0Free
Demat Account AMC ChargesRs 300Rs 300 (1st Year Free)

Zerodha Vs TradeSmart Brokerage

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Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

Account TypeZerodha Flat Brokerage PlanTradeSmart Power Plan
Fixed ChargesNA
Equity DeliveryRs 0 (Free)Rs 15 per order
Equity IntradayRs 20 per executed order or .03% whichever is lowerRs 15 per order
Equity FuturesRs 20 per executed order or .03% whichever is lowerRs 15 per order
Equity OptionsRs 20 per executed orderRs 15 per order
Currency FuturesRs 20 per executed order or .03% whichever is lowerRs 15 per order
Currency OptionsRs 20 per executed orderRs 15 per order
Commodity FuturesRs 20 per executed order or .03% whichever is lowerRs 15 per order
Commodity OptionsRs 20 per executed orderRs 15 per order
Special Offer
Special Offer:

₹0 Brokerage on Equity Delivery & Mutual Funds
Flat ₹20/trade for Intraday & F&O

India’s most trusted trading platform 💹

🔓 Open Account – FREE

⏱ 5 min | 100% Online | Paperless

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 Vs TradeSmart Brokerage Plan 2

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 ZerodhaTradeSmart
Account TypeFlat Brokerage PlanValue Plan
Fixed ChargesNA
Equity DeliveryRs 0 (Free)0.07%
Equity IntradayRs 20 per executed order or .03% whichever is lower0.007%
Equity FuturesRs 20 per executed order or .03% whichever is lower0.007%
Equity OptionsRs 20 per executed orderRs 7 Per Lot
Currency FuturesRs 20 per executed order or .03% whichever is lower0.007%
Currency OptionsRs 20 per executed orderRs 7 Per Lot
Commodity FuturesRs 20 per executed order or .03% whichever is lower0.007%
Commodity OptionsRs 20 per executed orderRs 7 Per Lot
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Zerodha Charges Vs TradeSmart

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Minimum Brokerage0.03% in Intraday and F&ORs 15 per executed order
Other ChargesPhysical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMSIntraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade ChargesRs 50 per executed orderRs 20 per executed order
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Zerodha Vs TradeSmart Leverage (Margin)

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Zerodha 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.

 ZerodhaTradeSmart
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 Zerodha and TradeSmart Features

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The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. TradeSmart offers Mobile trading app, Desktop trading application, Browser, APIs trading software.

 ZerodhaTradeSmart
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformKite Web, Kite Mobile for Android/iOS and CoinMobile trading app, Desktop trading application, Browser, APIs
Intraday Square-off TimeEq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before closeEquity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Trading In SME Shares Allowed?YesNo
Referral ProgramYesYes
Other FeaturesDirect Mutual Funds, APIs for Algo Trading
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Zerodha Vs TradeSmart Review

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Zerodha is rated of 5 based on 492 customer reviews whereas TradeSmart is rated of 5 based on 67 customer reviews.

 ZerodhaTradeSmart
 492 Customer Reviews    Rate Zerodha67 Customer Reviews    Rate TradeSmart
FeesRated 3.6 starsRated 3.8 stars
BrokerageRated 4.2 starsRated 4.4 stars
Trading PlatformRated 3.6 starsRated 3.8 stars
Customer ServiceRated 3.4 starsRated 4.0 stars
Research CapabilitiesRated 2.8 starsRated 2.7 stars
Overall RatingRated 3.6 starsRated 4.0 stars
Broker RatingZerodha is Rated 3.6 / 5 based on 492 customer reviewsTradeSmart is Rated 4.0 / 5 based on 67 customer reviews

Contact Broker / Request A Call Back

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 ZerodhaTradeSmart
Contact Broker

₹0 Brokerage on Equity Delivery & Mutual Funds
Flat ₹20/trade for Intraday & F&O

India’s most trusted trading platform 💹

🔓 Open Account – FREE

⏱ 5 min | 100% Online | Paperless

Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

Zerodha Vs TradeSmart Investment Options

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 ZerodhaTradeSmart
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDNoYes
DebtNoNo

Zerodha Vs TradeSmart Order Type Offered

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 ZerodhaTradeSmart
Bracket OrderNoYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)NoNo
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes
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Zerodha Vs TradeSmart Suitable For Investor Type

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 ZerodhaTradeSmart
Casual InvestorYesNo
Active InvestorYesYes
TraderYesYes

Zerodha Vs TradeSmart - Pros and Cons

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 ZerodhaTradeSmart
Pros
  • Free account opening for people under 25.
  • India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
  • 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
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • 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

Zerodha Special Offer

Free Stock Trading and Mutual Funds

  • Free account opening for everyone
  • Zero brokerage on Equity Delivery trades
  • Flat ₹20 per trade for Intraday and F&O
  • Zero brokerage on Mutual Fund investments
  • Trade with India's leading trading platform

Limited-time offer!
Open your instant Zerodha 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.

Open Zerodha AccountOpen TradeSmart Account
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