FAQs

1. What is AMC for TradeSmart?

   TradeSmart charges Rs 0 Annual Maintenance Charge (AMC) for a trading account and Rs 300 (1st Year Free) for a Demat account. AMC is charged to maintain the accounts.

2. How much TradeSmart charge for delivery?

   TradeSmart charge Rs 15 per order for equity delivery trade. These trades are also known as cash & carry trades or CNC.

   Espresso customer also has to pay taxes, demat debit transaction fee (Rs 13.5 per trade) and exchange transaction charges.

3. How much TradeSmart charge for intraday?

   TradeSmart charge Rs 15 per order for intra-day trades. These orders are also known as Margin Intraday Square-up or MIS orders. All open intraday orders are auto squared-off at the end of the day. Extra leverage is offered for these trades.

   In addition you have to pay taxes and exchange transaction charges.

4. How much TradeSmart charge for futures?

   TradeSmart charge Rs 15 per order for equity, currency and commodity futures trading.

5. How much TradeSmart charge for options?

   TradeSmart charges Rs 15 per order for equity, currency and commodity options trading. Options are highly leveraged derivative products. Options trading is used in many ways including hedging or to reduce the risk exposure of the portfolio.

6. How much TradeSmart charge for commodity?

   TradeSmart brokerage charges for commodity futures is Rs 15 per order and commodity options is Rs 15 per order. Commodities futures are agreements to buy or sell raw material (food, energy or metal) at a specific date in the future at a particular price. Commodity options contracts are the right to buy (call option) or sell (put option) underlying commodity futures at predetermined prices on the date of contract expiry.

7. How much TradeSmart charge for currency trading?

   TradeSmart charge Rs 15 per order for currency futures trading and Rs 15 per order for currency options trading.

8. What are transaction charges in TradeSmart?

   Transaction Charges (or Exchange Turnover Charges) is a fee charged by the stock exchanges for trades done through them. Most brokers include clearing charges to it. These charges can be seen in the contract note.

   TradeSmart Transaction Charges 2024

   Segment	Transaction Fee
   Equity Delivery	NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side)
   Equity Intraday	NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side)
   Equity Futures	NSE Rs 238 per Cr (0.00238%) | BSE Rs 500 per Cr (0.005%)
   Equity Options	NSE Rs 7750 per Cr (0.0775%) | BSE Rs 4950 per Cr (0.0495%) (on premium)
   Currency Futures	NSE Rs 165 per Cr (0.00165%) | BSE Rs 165 per Cr (0.00165%)
   Currency Options	NSE Rs 5500 per Cr (0.055%) | BSE Rs 400 per Cr (0.004%) (on premium)
   Commodity	0.0039%

9. Does TradeSmart offer IPO?

   Yes. TradeSmart offers online IPO applications to its customers. Initial Public Offer (IPO) offers an early opportunity to buy shares of companies that are not previously traded publicly.

10. Does TradeSmart offers Mutual Funds?

    Yes. You can buy/sell Mutual Funds if you have an account with TradeSmart.

11. Do TradeSmart offer margin funding for share/commodity trading?

    No. TradeSmart doesn't provide margin funding.

12. What is TradeSmart intraday auto square-off time?

    TradeSmart auto square-off all open intraday positions at Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing.

13. Does TradeSmart provide trading tips or investment strategies?

    No. TradeSmart doesn't provide trading tips for stock and commodity trading to its customers.

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