TradeSmart Vs Anand Rathi Demat Account Comparison

TradeSmart, a venture of VNS finance is a online broker offering discount brokerage services to retail customers in India. TradeSmart offers flat fee and unlimited trading plans for trading in Equity, Currency and Commodities at BSE, NSE and MCX.

With over 17000 customers and daily turnover of over Rs 2500 Cr (as of Dec 2016), TSO is among the top 5 discount stock brokers in India.

Incorporated in 1994, AnandRathi is Mumbai based diversified financial services provider offering wide range of products and services to retail and institutional customers across India. Anand Rathi has physical presence at over 1200 locations in India through it offices and franchises. AnandRathi is member of BSE, NSE, MCX, NCDEX, MSEI, CDSL and NSDL.

7B, 2nd Floor, Old Oriental Building,
65, M. G. Road, Fort, Mumbai
Maharashtra, India - 400001

4th Floor, Silver Metropolis Bld,
Jai Coach Compound, Opp.Bimbisar Nagar,
Goregoan E, Mumbai, Maharashtra, India 400065

Online Stock Trading, Depository Services

Wealth Management, Investment Banking, Corporate Finance & Advisory, Brokerage & Distribution services in the areas of equities, commodities, mutual funds, structured products, insurance, corporate deposits, bonds & loans and Depository Services (CDSL and NSDL)

Free

Nil

1. Individual Account: Rs 300 per year
2. Corporate Account: Rs 800 per year

• Scheme I: Rs. 450 + GST 18% = 532 (Free for 1st Year)

• Scheme II : Nil (with a credit balance of Rs 3000 (refundable) or Rs.999 (one time)

Nil

Nil

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

• Rs 3 per certificate + Rs 35 per request.

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

• Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate, Whichever is higher + 20 Postage chg

TradeSmart charges a demat transaction fee of Rs 15.

• Rs 15 Per ISIN [For POA clients]; Rs 25 Per ISIN [For Non POA clients]

• Off-market Transfer within AnandRathi Minimum Rs 25 and Maximum Rs 500 or 0.025% of the market value

Rs 15 per scrip

0.01% of value or min Rs 50 per request

Nil

Nil

Rs 15 per scrip

0.01% of value or min Rs 50 per request

Nil

Rs 25 per Instruction

• Late instruction: 0.1% scrip value
• Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges
• Physical transaction statement: Rs 50 per BO statement plus courier charges
• Cheque dishonour charges: Rs 200 per instance
• Offmarket transfer (DP): Rs 25 plus service tax
• Inter DP transfer: Rs 25 plus service tax
• KRA Modification: Rs 35 plus service tax

• For instructions received on same day of Pay-in Rs 25 per scrip will be charged
• Extra statement (other than free monthly): Rs 15 per statement.
• Any Modification: Rs 15 per request