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SBI Securities Vs TradeSmart (Compare SBI Securities and TradeSmart)

About SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders. SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians and N...

SBI Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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...

TradeSmart Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

SBI Securities Vs TradeSmart

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	SBI Securities	TradeSmart
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2001	1994
Number of Branches	117	1
		Open TradeSmart Account

SBI Securities Vs TradeSmart Charges & AMC

SBI Securities trading account opening charges is Rs 850 while TradeSmart account opening changes is Free. SBI Securities Demat Account AMC Charges is Rs 750 (Free for 1st Year) and TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free).

	SBI Securities	TradeSmart
Trading Account Opening Charges	Rs 850	Free
Trading Account AMC Charges		Rs 0
Demat Account Opening Charges		Free
Demat Account AMC Charges	Rs 750 (Free for 1st Year)	Rs 300 (1st Year Free)

SBI Securities Vs TradeSmart Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

Account Type	SBI Securities	TradeSmart Power Plan
Fixed Charges		NA
Equity Delivery	0.50%	Rs 15 per order
Equity Intraday	0.05%	Rs 15 per order
Equity Futures	0.05%	Rs 15 per order
Equity Options	Rs 100 per lot (sell and buy side)	Rs 15 per order
Currency Futures	0.03%	Rs 15 per order
Currency Options	Rs 30 per lot	Rs 15 per order
Commodity Futures	0.05%	Rs 15 per order
Commodity Options	Rs 100 (sell and buy side)	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.

SBI Securities Vs TradeSmart Brokerage Plan 2

	SBI Securities	TradeSmart
Account Type		Value Plan
Fixed Charges
Equity Delivery	0.50%	0.07%
Equity Intraday	0.05%	0.007%
Equity Futures	0.05%	0.007%
Equity Options	Rs 100 per lot (sell and buy side)	Rs 7 Per Lot
Currency Futures	0.03%	0.007%
Currency Options	Rs 30 per lot	Rs 7 Per Lot
Commodity Futures	0.05%	0.007%
Commodity Options	Rs 100 (sell and buy side)	Rs 7 Per Lot
		Open TradeSmart Account

SBI Securities Charges Vs TradeSmart

Minimum Brokerage	Rs 0.05 for Cash, Rs 0.01 Future	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	Rs 10 per call (after 30 free calls a month)	Rs 20 per executed order

SBI Securities Vs TradeSmart Transaction Charges

SBI Securities 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).

	SBI Securities	TradeSmart
Equity Delivery	NSE Rs 322 per Cr (0.00322%) \| 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 322 per Cr (0.00322%) \| 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		0.0039%
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SBI Securities Vs TradeSmart Leverage (Margin)

SBI Securities 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.

	SBI Securities	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)
		Open TradeSmart Account

Compare SBI Securities and TradeSmart Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. TradeSmart offers Mobile trading app, Desktop trading application, Browser, APIs trading software.

	SBI Securities	TradeSmart
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	SBI Smart Express, SBI Smart Web, SBI Smart Mobile	Mobile trading app, Desktop trading application, Browser, APIs
Intraday Square-off Time	2:45 PM	Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Trading In SME Shares Allowed?
Referral Program
Other Features
		Open TradeSmart Account

SBI Securities Vs TradeSmart Review

SBI Securities is rated 2.5 of 5 based on 163 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

	SBI Securities	TradeSmart
	163 Customer Reviews	67 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SBI Securities is rated 2.5 of 5 based on 163 customer reviews	TradeSmart is rated 4.0 of 5 based on 67 customer reviews

Contact Broker / Request A Call Back

	SBI Securities 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.

SBI Securities Vs TradeSmart Investment Options

	SBI Securities	TradeSmart
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

SBI Securities Vs TradeSmart Order Type Offered

	SBI Securities	TradeSmart
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
		Open TradeSmart Account

SBI Securities Vs TradeSmart Research Report

	SBI Securities	TradeSmart
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

SBI Securities Vs TradeSmart Suitable For Investor Type

	SBI Securities	TradeSmart
Casual Investor
Active Investor
Trader

SBI Securities Vs TradeSmart - Pros and Cons

	SBI Securities	TradeSmart
Pros	Offer 3-in-1 account for seamless transactions. Full-service broker offering services online as well as through branches. Wide range of investment options. Free research reports are available.	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	Installable Trading Terminal (exe) is not available for frequent traders. Good Till Cancelled (GTC) orders are not available. Very high brokerage. Commodity (MCX) trading is not available.	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.
Reviews		Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
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.
		Open TradeSmart Account

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