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
One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).
Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.
Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis
Charge | Trade Smart Online | Sharekhan |
---|---|---|
Demat Account Opening Charges | ₹200 | ₹0 |
Trading Acc Opening Charges | ₹200 | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 | ₹400 (Free for 1st year with trading account) |
Charge | Trade Smart Online | Sharekhan |
---|---|---|
Plan Name | Power Trading Plan | Classic Account |
Equity Delivery | ₹15 per executed order | 0.50% |
Equity Intraday | ₹15 per executed order | 0.10% |
Equity Futures | ₹15 per executed order | 0.10% |
Equity Options | ₹15 per executed order | ₹50 per lot |
Currency Futures | ₹15 per executed order | 0.10% |
Currency Options | ₹15 per executed order | ₹30 per lot |
Commodity Options | ₹15 per executed order | 0.03% |
Mutual Fund | N/A | N/A |
Segment | Trade Smart Online | Sharekhan |
---|---|---|
Equity Delivery | 1x (No Margin) | Upto 5x |
Equity Intraday | Upto 30x | Upto 10x |
Equity Future | MIS: 3X | BO: 7X | CO: 7X | 2x |
Equity Options | MIS: 3X | BO: 7X | CO: 7X | Nil |
Currency Future | MIS: 3X | BO: 3X | CO: 3X | Nil |
Currency Options | MIS: 3X | Nil |
Commodity Future | MIS: 2X | BO: 6X | CO: 6X | Upto 2x |
Commodity Options | N/A | N/A |