Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!
A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.
Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.
Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.
In India, the
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
Charge | Interactive Brokers | Trade Smart Online |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹200 |
Trading Acc Opening Charges | ₹0 | ₹200 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹0 | ₹300 |
Charge | Interactive Brokers | Trade Smart Online |
---|---|---|
Plan Name | N/A | Power Trading Plan |
Equity Delivery | Minimum ₹6 and Upto ₹20 per executed order | ₹15 per executed order |
Equity Intraday | Minimum ₹6 and Upto ₹20 per executed order | ₹15 per executed order |
Equity Futures | Minimum ₹6 and Upto ₹20 per executed order | ₹15 per executed order |
Equity Options | Minimum ₹6 and Upto ₹20 per executed order | ₹15 per executed order |
Currency Futures | Minimum ₹6 and Upto ₹20 per executed order | ₹15 per executed order |
Currency Options | Minimum ₹6 and Upto ₹20 per executed order | ₹15 per executed order |
Commodity Options | N/A | ₹15 per executed order |
Mutual Fund | N/A | N/A |
Segment | Interactive Brokers | Trade Smart Online |
---|---|---|
Equity Delivery | N/A | 1x (No Margin) |
Equity Intraday | N/A | Upto 30x |
Equity Future | N/A | MIS: 3X | BO: 7X | CO: 7X |
Equity Options | N/A | MIS: 3X | BO: 7X | CO: 7X |
Currency Future | N/A | MIS: 3X | BO: 3X | CO: 3X |
Currency Options | N/A | MIS: 3X |
Commodity Future | N/A | MIS: 2X | BO: 6X | CO: 6X |
Commodity Options | N/A | N/A |
Interactive Brokers | Trade Smart Online |
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