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
Upstox, another name to be included in the list of fastest growing discount brokers in India. We wonder, how much longer the list of stock brokers in India will eventually get. Every other day you hear a lot of new entrants, or existing players modifying their strategies to survive and succeed in the stock broking world.
Uptstox, formerly known as RKSV Securites, is one of the biggest discount brokers in India, funded by the likes of Ratan Tata, Kalaari Capital and GVK Davix, making the firm a dependable and safe broker for all of your investment and trading needs. Based out of Mumbai, Upstox is a wide-range broker. This stock broking platform offers a huge range of trading products and services.
Using Upstox has huge advantages, especially for traders, given its plans and cheap brokerage despite volume. Also, Upstox also offers one of the quickest trading terminals, which, any trader could tell
Charge | Trade Smart Online | Upstox |
---|---|---|
Demat Account Opening Charges | ₹200 | ₹0 |
Trading Acc Opening Charges | ₹200 | ₹249 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 | ₹300 per year (paid monthly) |
Charge | Trade Smart Online | Upstox |
---|---|---|
Plan Name | Power Trading Plan | Basic |
Equity Delivery | ₹15 per executed order | ₹0 (FREE) |
Equity Intraday | ₹15 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Equity Futures | ₹15 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Equity Options | ₹15 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Currency Futures | ₹15 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Currency Options | ₹15 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Commodity Options | ₹15 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Mutual Fund | N/A | N/A |
Segment | Trade Smart Online | Upstox |
---|---|---|
Equity Delivery | 1x (No Margin) | 1x (no margin) |
Equity Intraday | Upto 30x | Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x |
Equity Future | MIS: 3X | BO: 7X | CO: 7X | Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x |
Equity Options | MIS: 3X | BO: 7X | CO: 7X | Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x |
Currency Future | MIS: 3X | BO: 3X | CO: 3X | Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x |
Currency Options | MIS: 3X | Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x |
Commodity Future | MIS: 2X | BO: 6X | CO: 6X | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
Commodity Options | N/A | N/A |