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
SAMCO is another popular discount broker in India which has carved a niche for itself in a short span of time. It conceptualized in the year 2015 and with its diversifying broking services and products range it has a good hold on the market at present.
Samco Securities Ltd. is known to be a suitable stockbroker for beginners since it offers an exhaustive repository of basic and intermediate tutorials on investing and trading. At the same time, with low brokerage charges, they leave a low chance of risk for the beginners as compared to other Indian stock brokers.
It allows trading across all the leading stock and commodity exchanges in India including NSE, BSE, MCX, MCX-SX and NCDEX. Samco facilitates commodity segment for MCX trading through its associated entity, Samco Commodities Ltd. The firm primarily caters to corporate and retail clients. It also offers loans against shares, low brokerage Demat
Charge | Trade Smart Online | SAMCO |
---|---|---|
Demat Account Opening Charges | ₹200 | ₹0 |
Trading Acc Opening Charges | ₹200 | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 | ₹400 |
Charge | Trade Smart Online | SAMCO |
---|---|---|
Plan Name | Power Trading Plan | Standard |
Equity Delivery | ₹15 per executed order | ₹20 per executed order |
Equity Intraday | ₹15 per executed order | ₹20 per executed order |
Equity Futures | ₹15 per executed order | ₹20 per executed order |
Equity Options | ₹15 per executed order | ₹20 per executed order |
Currency Futures | ₹15 per executed order | ₹20 per executed order |
Currency Options | ₹15 per executed order | ₹20 per executed order |
Commodity Options | ₹15 per executed order | ₹20 per executed order |
Mutual Fund | N/A | N/A |
Segment | Trade Smart Online | SAMCO |
---|---|---|
Equity Delivery | 1x (No Margin) | Upto 4x |
Equity Intraday | Upto 30x | Upto 15x |
Equity Future | MIS: 3X | BO: 7X | CO: 7X | Upto 4x |
Equity Options | MIS: 3X | BO: 7X | CO: 7X | Upto 8x |
Currency Future | MIS: 3X | BO: 3X | CO: 3X | Upto 3x |
Currency Options | MIS: 3X | Upto 5x |
Commodity Future | MIS: 2X | BO: 6X | CO: 6X | Upto 5x |
Commodity Options | N/A | Upto 5x |