Trade Smart Online vs Karvy Stock Broking Ltd. Comparison: 2024

About Trade Smart Online

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: An Overview

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

About Karvy Stock Broking Ltd.

Please note than as of Friday, 22 Nov, 2019, Karvy Stock Broking Ltd is barred by SEBI from taking on any new clients, after finding alleged client-related fraud. However, Karvy will still serve the existing client base. They can still trade and manage the existing client’s demat accounts, and still serve services like applying in IPOs, and still retain the option to close their account anytime, but opening up of new accounts is prohibited.

Karvy Stock Broking Ltd (KSBL), established in 1990, is a subsidiary of KARVY Group, who happen to be one of India's popular financial services company. The firm, being a full service broker, offers stock broking and research advisory services too.

Karvy Stock Broking: Overview

Karvy Stock Broking Ltd (KSBL) is based out of Hyderabad, and is the brokerage-subsidiary Karvy Group. The firm happens to be a registered member of BSE, NSE, MCX, and ICEX along with being a registered

Trade Smart Online vs Karvy Stock Broking Ltd. Account Opening Charges: 2024

ChargeTrade Smart OnlineKarvy Stock Broking Ltd.
Demat Account Opening Charges₹200₹0
Trading Acc Opening Charges₹200₹0
Trading Account AMC₹0₹0
Demat Account AMC₹300₹500 p.a. (For 1st year: Free)

Trade Smart Online vs Karvy Stock Broking Ltd. Brokerage Charges and Plans : 2024

ChargeTrade Smart OnlineKarvy Stock Broking Ltd.
Plan NamePower Trading PlanBasic Plan
Equity Delivery₹15 per executed order0.3%
Equity Intraday₹15 per executed order0.03%
Equity Futures₹15 per executed order0.03%
Equity Options₹15 per executed order₹50 per lot
Currency Futures₹15 per executed order0.03%
Currency Options₹15 per executed order₹50 per lot
Commodity Options₹15 per executed order0.01% only on the sell side
Mutual FundN/AN/A

Trade Smart Online vs Karvy Stock Broking Ltd. Margin / Exposure: 2024

SegmentTrade Smart OnlineKarvy Stock Broking Ltd.
Equity Delivery1x (No Margin)Upto 5x
Equity IntradayUpto 30x Upto 20x
Equity FutureMIS: 3X | BO: 7X | CO: 7XUpto 4x
Equity OptionsMIS: 3X | BO: 7X | CO: 7XUpto 4x for shorting
Currency FutureMIS: 3X | BO: 3X | CO: 3XNil
Currency OptionsMIS: 3XNil
Commodity FutureMIS: 2X | BO: 6X | CO: 6XUpto 4x
Commodity OptionsN/AN/A

Trade Smart Online vs Karvy Stock Broking Ltd. Currency Charges and Plans: 2024

Trade Smart Online charge ₹15 per executed order for Currency Futures and ₹15 per executed order for Currency Options whereas Karvy Stock Broking Ltd. Charges 0.03% for Currency futures and ₹50 per lot for Currency options.

Trade Smart Online vs Karvy Stock Broking Ltd. Commodity Charges and Plans: 2024

Trade Smart Online charge ₹15 per executed order for commodity and Karvy Stock Broking Ltd. charge 0.01% only on the sell side for commodity.
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