Home News Trade Smart online review, Charges, Margin, Payout, Stock Trading, Demat

Trade Smart online review, Charges, Margin, Payout, Stock Trading, Demat


Over time technology has progressed a lot that for doing a petty to prodigious thin, one needs to just click a button and the work will be done within the segments of a minute. Online trading has come up with an open door for the people who used to take opening an account in a certain broker’s branch a headache.

In this Digital Age, for doing stock trading, you just need to open a trading account in an online stock-trading brokerage. The things will be in your hands without spending hours in a bundle of files and wandering around the offices to get your account open.

Here we have provided you all information about the online brokerage TradeSmart. All about its charges, payouts, Demat, Process of opening the account, Pros and cons, reviews, and so on.

What is TradeSmart?

There are multiple online and offline brokers across the country, one of them is TradeSmart. TradeSmart is a Mumbai-based broker, which offers online discount stockbroking, currency, and commodity-based trading. TradeSmart is a part of VNS Finance and Capital Services Ltd. VNS Finance and Capital Services Ltd. is a traditional company that offers brokerage services to the Indian stock market, investors, commodity, and trade market via sub-brokers and franchises. The company has been working since 1994.

TradeSmart was founded by Vijay Singhania in 1999. MCX, BSE Cash, NSE Cash, NSE F&O, NSE currency derivatives, deposit services, and MCX commodities are being provided by TradeSmart. TradeSmart is an online technology-driven platform that trusts in uplifting the lives of people with the exercise of innovative methods.

What are the brokerages offered by TradeSmart?

Power trading plans and Value trading plans are the two brokerage plans offered by Tradesmart for its customers.

Power trading Plans

  • It enables us to have 15 per execute orders irrespective of the trade’s size.
  • It is an ideal place for traders as with less frequency it gives comparatively bigger trade size.
  • This plan offers intraday exposure of up to 30x on Equities, 7x on F&O, 3x on Currency, and 6x on Commodities.
  • Provides margins against shares.
  • There is no minimum commitment to this plan.

Power Plan (Trade at Flat ₹15 Per Trade) – Trade-in Equity(intraday, delivery) F&O, and Currency for just Rs.15/per executed order, regardless of the orders’ size.


Value Trading Plan

  • In this plan, Rs 7 per lot in Options is available.
  • 007 % Brokerage: Currency & Commodities, Intraday Cash, and Futures.
  • 07 % of Brokerage is applied in delivery.
  • It is an ideal plan for lesser volume traders.
  • It offers intraday exposure of up to 30x on Equities, 3x on Currency, 7x on F&O, and 6x on Commodities.
  • It gives margins against shares
  • There is no minimum commitment to this plan.

 Value Plan (Trade at 0.007%)– Equity(intraday), Equity F&O, Commodities and Currency Derivative trading at 0.007%, Equity delivery 0.07% and Options at ₹7 per lot.

No Hidden fee, commitment, and prepaid brokerage are applied in both the plans.


TradeSmart Charges 2020

  • Trading Account Opening Charges (One Time): ₹200
  • Demat account Opening Charges (One Time): ₹200
  • Trading Annual Maintenance Charges (AMC): NIL
  • Demat Account Annual Maintenance Charges (AMC): ₹300 (from 2nd year onwards)


Here are all details about TradeSamart Brokerage Fee Structure

TradeSmart Charges EQUITY Delivery EQUITY Intraday
Brokerage ₹15/Trade ₹15/Trade
STT ₹10000/crore ₹2500/crore on sell-side
Turnover Charges NSE: ₹350/crore, BSE: ₹350/crore NSE: ₹350/crore, BSE: ₹350/crore
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges ₹5/Crore ₹5/Crore
Stamp Charges (Maharashtra) State-wise State-wise



TradeSmart Charges Equity Futures Equity Options
Brokerage ₹15/Trade ₹15/Trade
STT ₹1000/crore on Sell Side ₹5000/crore on Sell Side(on Premium)
Turnover Charges ₹240/crore ₹7150/crore of premium
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges ₹5/Crore ₹5/Crore
Stamp Charges (Maharashtra) State-wise State-wise




TradeSmart Charges Currency Futures Currency Options
Brokerage ₹15/Trade ₹15/Trade
Turnover Charges ₹140/crore ₹5500/crore
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges ₹5/Crore ₹5/Crore
Stamp Charges (Maharashtra) State-wise State-wise


TradeSmart Charges MCX Futures MCX Options
Brokerage ₹15/Trade ₹15/Trade
STT ₹1000/crore ₹5000/crore
Turnover Charges ₹390/crore ₹2000/crore
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges ₹5/Crore (Sebi Fees for MCX Agri Commodities is ₹1 for ₹1 Crore turnover) ₹5/Crore
Stamp Charges (Maharashtra) State-wise State-wise


Trade Smart Online Charges

Other Charges
Transaction Charges 0.00300% of Total Turnover
STT 0.0113% of Total Turnover
SEBI Turnover Charges 0.0007% of Total Turnover
Stamp Duty Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges)


TradeSmart Charges Structure

  1. STT: TradeSmart charges STT on equity intraday, Future, and options & CTT on non-agriculture commodities as per the government prescribes prices. Only non-agriculture commodities are charges CTT, agriculture commodities are free from it.
  2. Stamp Duty: Stamp Duty charges are based on the states in which the customer locates.
  3. GST (Good and Services Charges): 18% of the total cost of brokerage adding transaction charges.
  4. SEBI Charges / SEBI Turnover Fee: ₹5 per crore.


How you can trade with TradeSmart?

TradeSmart offers multiple ways to its customers trading with TradeSmart. Here is the list of all software offered by TradeSmart.

  • Mobile Trading App
  • Desktop trading App
  • And Browser

TradeSmart Software

1. SINE Mobile Trading App

SINE Mobile Trading App: SINE trading app is a simple, straight forward and intelligent trading app that provides an amazing platform to its new and experienced traders or investors. Its advanced features are designed to save the time of the customers, moreover, gives the entire information about the market.

All its intuitive and well-designed dashboards give an easy and quick look at the market, complete view of Sensex Indices, Nifty and BankNifty. Simultaneously helps to monitor all orders, position, holdings, trading balance, and MTM on a single screen.

The app is available on Android as well as iPhone. Its scanner is able to scan the stock market on a real-time basis, this feature enables you to find opportunities in the market, and build strategies.

  1. Desktop Trading Application

NEST Traders: Thomson Reuters International Services Pvt Ltd has developed this amazing application. Through this best trading solution, people can trade in multiple segments in several exchanges including BSE, NSE & MCX. It allows traders to exercise several trading functions, which includes-

  • You can create a market watch group and therefore can track scripts of the users’ choice.
  • You can outlook the market data picture for the script.
  • Enables you to place buy/sell order to exchange.
  • You can view orders, market position, data, and trades.
  • Some other facilities are there like add-on tools. You can use them to get alerts, send internal messages, etc.
  • Availability of instant fund transfer through 26 banks.


DarkStock: it is a fabulous platform informing traders about the market. Moreover, it helps to get real-time information, data visualization tools, advanced charting, and smart scanner in order to spot the opportunities and getting an update about the market flows. Here is a precise summary of what this feature is all about-

  • Through a live scanner, it scans all market activities and trends.
  • It enables you to view technical reports and event drives.
  • Availability of smarts tools such as dashboards, graphs, and advanced charts.
  • It offers 60+ technical indicators and 10+ market studies to help the trade.
  • It provides price alerts, dedicated watchlist, and workspaces.
  • You can directly analyze the market through advanced scanners.


Website (SINEWeb)

  1. Website (SINEWeb): it’s a browser-based trading application with all the features marked by the SINE mobile app, as well as convenient for PC. No is helpful for all the new and experienced traders with pinpoint procession design.

This application is dexterously designed for easy-going and quick online trading. Moreover, it supports all web browsers, which are however prohibited by mobile phones, or installing private software is not allowed.


Advantages and Disadvantages of Tradsmart.

Before going ahead with the idea of trading with TradeSmart, You should once go through the pros and cons of TradSamart. Here we are given you a precise summary of the pros and cons of TradeSmart.


  1. TradeSamrt offers two brokerage plans as per the preferences of traders.
  2. It gives 30X exposure in NSE cash and 7X limit in Equity as well as provides an option to sell via BO & CO. Additionally, it gives a 6X limit in MCX through CO & BO.
  3. The mobile app offers CO and BO orders in Equity Derivative segment, NSE cash, and commodity Futures.
  4. There is a provision of interchangeable Brokerages. Users can switch from one type of plan to another.
  5. Their transaction charges are the lowest in the industry.
  6. It provides excellent customer services through phone, live chat, email, etc. as per the comfort of the customers.
  7. TradeSmart has a program with other sharing and offers 10% credit of the client that has been referred by them.
  8. It does not ask for a minimum balance for opening an account.
  9. Unlike all other broker accounts across India, It has its own depository services.
  10. Traders can avail Cover Orders
  11. Margin against shares and are available.
  12. It offers Mutual Funds and Offers for sale (OFS).



They charge 20 per trade extra for Call and Trade.

  1. They charge 20 extra per trader on intraday positions (MIS, CO & BO) squared off by the RMS team.
  2. It does not provide 3-in-1 (Bank, Trading, Demat) accounts.
  3. TradeSmart does not provide Portfolio services.
  4. Tips & research repost and online IPO are also not provided by TradeSmart.


How to Open an account in TradeSmart?

Very quickly anyone can open an account in TradeSmart. The entire process goes straight forward and online. Here we are giving the link (Click Here) to open an account with TradeSmart. After entering all the correct information in the form and thus submitting, a TradeSmart representative will contact you within 24 hours to ensure you open the account with proper guidance.


Trade Smart Online Demat Account Opening Charges

Demat Services
Depository Source CDSL & NSDL
Account Opening Charges Rs.400
Demat AMC Charges Rs.250 per Annum
Trading AMC Charges Free
Margin Money Zero-Margin
Offline to Online No


TradeSmart Margin / Exposure


Segment Margin
Equity Delivery 1x (no margin)
Equity Intraday 30x trading margin
Equity Future MIS: 3X | BO: 7X | CO: 7X
Equity Options MIS: 3X | BO: 7X | CO: 7X
Currency Future MIS: 3X | BO: 3X | CO: 3X
Currency Options MIS: 3X | BO: NA | CO: NA
Commodity Future MIS: 2X | BO: 6X | CO: 6X
Commodity Options MIS: NA | BO: NA | CO: NA


What is the rating of TradeSmart?

This is based on 64 customers of TradeSmart

        TradeSmart Ratings

Overall Rating  4.0/5
Fees  3.8/5
Brokerage  4.4/5
Usability  3.7/5
Customer Service  4.0/5
Research Capabilities  3.0/5