Trade Smart Online vs Zerodha 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 Zerodha
Zerodha, a Bangalore based company, a pioneer in stock broking, is the biggest and one of the best and most popular stock brokers in India. The one of its kind, discount broking model was introduced by this leading broker few years back. And, now there's no looking back! It's online flat fee discount brokerage model has set an example to be followed by various other trading platforms across India. Ranked amongst the Top Discount Brokers in India, Zerodha holds a very strong position in terms of trading volumes and a massive and growing customer base. 
Zerodha: Overview
Incorporated in the year 2010 by Nitin Kamath, an engineer turned stock broker cum budding entrepreneur who nurtured the company with his ideas and innovation, Zerodha gained huge popularity within a short span. It has turned to be the leading stock broker in India, may it be
Trade Smart Online vs Zerodha Account Opening Charges: 2024
| Charge | Trade Smart Online | Zerodha |
|---|---|---|
| Demat Account Opening Charges | ₹200 | ₹0 (Free) |
| Trading Acc Opening Charges | ₹200 | ₹200 (Equity) + Rs.100 (Commodity) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹300 per year |
Trade Smart Online vs Zerodha Brokerage Charges and Plans : 2024
| Charge | Trade Smart Online | Zerodha |
|---|---|---|
| Plan Name | Power Trading Plan | Flat Brokerage Plan |
| Equity Delivery | ₹15 per executed order | ₹0 (Free) |
| Equity Intraday | ₹15 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Futures | ₹15 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Options | ₹15 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order (on Turnover) |
| Currency Futures | ₹15 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Currency Options | ₹15 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Commodity Options | ₹15 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Mutual Fund | N/A | ₹0 (Free Unlimited Direct MF) |
Trade Smart Online vs Zerodha Margin / Exposure: 2024
| Segment | Trade Smart Online | Zerodha |
|---|---|---|
| Equity Delivery | 1x (No Margin) | 1x (no margin) |
| Equity Intraday | Upto 30x | Up to 20x (based on the stock) |
| Equity Future | MIS: 3X | BO: 7X | CO: 7X | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options | MIS: 3X | BO: 7X | CO: 7X | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Future | MIS: 3X | BO: 3X | CO: 3X | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options | MIS: 3X | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity Future | MIS: 2X | BO: 6X | CO: 6X | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
| Commodity Options | N/A | N/A |