TradeSmart Vs Upstox 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.

Upstox (formally RKSV) is among the leading online stock brokers in India offering low cost discount stock, current derivatives & commodity broking services at BSE, NSE and MCX. Upstox offering its retail broking services since Jan 2012.

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

Sunshine Tower, 30 Floor,
Senapati Bapat Marg, Dadar (West),
Mumbai, Maharashtra, India 400013

Online Stock Trading, Depository Services

Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.

Free

Rs 249

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

Rs 150

Nil

Nil

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

Rs 2.00 per certificate plus courier charges of Rs 35 per demat request

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

Rs 25 per certificate or 0.05% of the value whichever is higher.

TradeSmart charges a demat transaction fee of Rs 15.

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

Rs 15 per scrip

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

Nil

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

Rs 15 per scrip

0.05% of the transaction charges subject to a minimum of Rs 50

Nil

Rs 50 per transaction

• 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

1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.