Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.
Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform.
Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading.
They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly a thousand dealers and sub-brokers who own organizations’ sales portfolio.
Oldest stock broker firm Trade Smart offers trading at several exchanges with several segments lined up. They are registered with NSE, BSE, MCX and other reputed exchanges at the world level too, all at one go traders can trade in Equity and Derivatives.
Trade Smart offers two services and they pursue excellence in their services.
Trade Smart provides a cheaper and faster online trading service to its customers. With solutions for futures and options, commodities, currency and stocks trading, they also fulfill online trading needs by providing best discount brokerages plans.
Since 2003 this discount broker has been a depository participant of Central Depository Services India Ltd. (CDSL). As a member of CDSL, it provides holding of securities in electronic form for its customers.
Under the discount brokerage segment, they offer two brokerage plans.
There is no minimum brokerage commitment, no hidden charges and no advance brokerage in both the plans.
They offer multiple trading platforms to their customers.
If someone doesn't want to download a share trading app or trading software, in that case, Trade Smart provides a browser based solution, one can easily sign-in on the computer with the help of an internet connection and it gets started. Particularly it is very useful for those who travel a lot and trade light.
This is a mobile based trading app which gives freedom to manage the trading account on the move. Traders can download this online share trading application from the Play Store and App Store. With this intelligent trading app, one can easily explore and invest in the share market.
This trading app is specially intended for PC users, it requires the installation and provides the high brandwidth of professional online trading charts and tools. Through this traders can easily manage their Demat account without any efforts.
Here are some of the advantages and disadvantages of using the services of this discount broker:
With providing instant support and facility to the customers' Trade Smart is continually adapting modern trends. As they offer dynamic versatile services to their customers, in this way they have been stable for such a long time in the industry. Due to its transparency customers can be calmed when trading with Trade Smart.
For the gain in customers, Trade Smart becomes the sole reason since the multifaceted trading that they offer to their customers has garnered accolades.
TradeSmart Online offers a demat account for Rs. 200 and a trading account for Rs.200 only. In order to have access to its features and trading platforms, you need to open an account with the stockbroker. The account opening process is very easy.
Let's see how you can open a TradeSmart. It has a simple sign up process and you can initiate the account opening process.
Choose the eKYC option and keep your documents like PAN card copy, AADHAR card copy, cancelled cheque, bank statement, etc.
|Demat Account Opening Charges||₹200|
|Trading Acc Opening Charges||₹200|
|Trading Account AMC||₹0|
|Demat Account AMC||₹300|
|Plan Name||Power Trading Plan|
|Equity Delivery||₹15 per executed order|
|Equity Intraday||₹15 per executed order|
|Equity Futures||₹15 per executed order|
|Equity Options||₹15 per executed order|
|Currency Futures||₹15 per executed order|
|Currency Options||₹15 per executed order|
|Commodity Options||₹15 per executed order|
|Plan Name||Value Trading Plan|
|Equity Options||₹7 Per Lot|
|Currency Options||₹7 Per Lot|
|Commodity Options||Futures: 0.007% and Options: ₹7 Per Lot|
Currency Trading is a powerful investment and hedging tool offered by Trade Smart. It is a contract through which two currencies can be exchanged at a specific rate at a future date. By trading in currencies investors can hedge against foreign exchange risk. Trade Smart provides intraday exposure of up
Commodity Trading plays a vital role in the financial market that provides the opportunity to rule out market volatility to investors. Trade Smart offers a wide range of commodities for trading, which is classified as agro-based, base metal, precious metal etc. and they provide intraday exposure of up to 6x