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Aditya Birla Money Vs TradeSmart (Compare Aditya Birla Money and TradeSmart)

Aditya Birla Money Ltd Logo

About Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp... Know more about Aditya Birla Money Ltd

VNS Finance & Capital Services Ltd Logo

About TradeSmart
TradeSmart is a Mumbai-based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmartFintech Securities Ltd, formerly registered as VNS Finance & Capital Services Ltd; is a traditional brokerage company incorporated in 1994 to offer brokerage services to Indian Stock, Commodity & Currency market investors and traders through franchisees and sub-brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodi... Know more about VNS Finance & Capital Services Ltd

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Aditya Birla Money Vs TradeSmart

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Aditya Birla Money TradeSmart
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1994 1994
Number of Branches 800 1
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Aditya Birla Money Vs TradeSmart Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while TradeSmart account opening changes is Free. Aditya Birla Money Demat Account AMC Charges is Rs 436 and TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free).

  Aditya Birla Money TradeSmart
Trading Account Opening Charges Rs 750 Free
Trading Account AMC Charges Nil Rs 0
Demat Account Opening Charges Nil Free
Demat Account AMC Charges Rs 436 Rs 300 (1st Year Free)

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Aditya Birla Money Vs TradeSmart Brokerage

Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

Account Type Aditya Birla Money Trade20 TradeSmart Power Plan
Fixed Charges NA
Equity Delivery 20 Rs 15 per order
Equity Intraday 20 Rs 15 per order
Equity Futures 20 Rs 15 per order
Equity Options 20 Rs 15 per order
Currency Futures 20 Rs 15 per order
Currency Options 20 Rs 15 per order
Commodity Futures Rs 15 per order
Commodity Options Rs 15 per order
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

Aditya Birla Money Vs TradeSmart Brokerage Plan 2

  Aditya Birla Money TradeSmart
Account Type Trade15 (Subscription Rs 999) Value Plan
Fixed Charges
Equity Delivery 15 0.07%
Equity Intraday 15 0.007%
Equity Futures 15 0.007%
Equity Options 15 Rs 7 Per Lot
Currency Futures 15 0.007%
Currency Options 15 Rs 7 Per Lot
Commodity Futures 0.007%
Commodity Options Rs 7 Per Lot
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Aditya Birla Money Vs TradeSmart Brokerage Plan 3

  Aditya Birla Money TradeSmart
Account Type Trade10 (Subscription Rs 2499) Power Plan
Fixed Charges NA
Equity Delivery 10 Rs 15 per order
Equity Intraday 10 Rs 15 per order
Equity Futures 10 Rs 15 per order
Equity Options 10 Rs 15 per order
Currency Futures 10 Rs 15 per order
Currency Options 10 Rs 15 per order
Commodity Futures Rs 15 per order
Commodity Options Rs 15 per order
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Aditya Birla Money Charges Vs TradeSmart

Minimum Brokerage Rs 20 per executed order Rs 15 per executed order
Other Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges Nil Rs 20 per executed order

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Aditya Birla Money Vs TradeSmart Transaction Charges

Aditya Birla Money transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while TradeSmart exchange transaction charges for options is NSE Rs 7750 per Cr (0.0775%) | BSE Rs 4950 per Cr (0.0495%) (on premium).

  Aditya Birla Money TradeSmart
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 238 per Cr (0.00238%) | BSE Rs 500 per Cr (0.005%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 7750 per Cr (0.0775%) | BSE Rs 4950 per Cr (0.0495%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 165 per Cr (0.00165%) | BSE Rs 165 per Cr (0.00165%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 5500 per Cr (0.055%) | BSE Rs 400 per Cr (0.004%) (on premium)
Commodity MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%) 0.0039%
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Aditya Birla Money Vs TradeSmart Leverage (Margin)

Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the TradeSmart margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Aditya Birla Money TradeSmart
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Aditya Birla Money and TradeSmart Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. TradeSmart offers Mobile trading app, Desktop trading application, Browser, APIs trading software.

  Aditya Birla Money TradeSmart
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Etrade, Advanced web, Mobile invest Mobile trading app, Desktop trading application, Browser, APIs
Intraday Square-off Time 3:15 Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Insurance and Pension scheme available
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Aditya Birla Money Vs TradeSmart Review

Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

  Aditya Birla Money TradeSmart
  30 Customer Reviews    Rate Aditya Birla Money 67 Customer Reviews    Rate TradeSmart
Fees 3.2 3.8
Brokerage 3.2 4.4
Trading Platform 3.3 3.8
Customer Service 2.9 4.0
Research Capabilities 3.7 2.7
Overall Ratings Rated 3.0 stars Rated 4.0 stars
Broker Rating Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews TradeSmart is rated 4.0 of 5 based on 67 customer reviews

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Contact Broker / Request A Call Back

  Aditya Birla Money Enquire TradeSmart Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

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Aditya Birla Money Vs TradeSmart Investment Options

  Aditya Birla Money TradeSmart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options Mutual Funds

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Aditya Birla Money Vs TradeSmart Order Type Offered

  Aditya Birla Money TradeSmart
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
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Aditya Birla Money Vs TradeSmart Research Report

  Aditya Birla Money TradeSmart
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Aditya Birla Money Vs TradeSmart Suitable For Investor Type

  Aditya Birla Money TradeSmart
Casual Investor Yes
Active Investor Yes
Trader Yes

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Aditya Birla Money Vs TradeSmart - Pros and Cons

  Aditya Birla Money TradeSmart
Pros
  1. ABM offers 2 in 1 account which is Trading cum Demat account
  2. No Call and Trade charges
  3. Fund transfer facility available from more than 11 banks
  4. ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
  • Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain a trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • TradeSmart has been in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of information which is helpful for most customers.
Cons
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
  • Call and Trade is charged an extra Rs 20 per executed order.
  • Physical contract notes Rs 20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by the RMS team are charged at Rs 20.
  • 24/7 customer service is not available.
  • Doesn't provide daily market reports, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as the company doesn't provide banking services.
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Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

TradeSmart Special Offer

Flat Rs 15 per trade (FREE Account Opening)

  • Flat Rs 15 per trade across all segments +
  • Get Margin against your shares +
  • API for Algo Trading.

This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.

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