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TradeSmart Vs Alice Blue (Compare TradeSmart and Alice Blue)

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

Alice Blue Financial Services Logo

About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL. AliceBlue offers one simple brokerage plan of Rs 20 for all segments to its customers. The equity delivery brokerage charges are Rs 20 per executed order or 2.5% whichever is lower. For all other segments, Alice Blue charges flat Rs 20 per executed order or 0.05%... Know more about Alice Blue Financial Services

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TradeSmart Vs Alice Blue

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 0, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.

  TradeSmart Alice Blue
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1994 0
Number of Branches 1 0
Open TradeSmart AccountOpen Alice Blue Account

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TradeSmart Vs Alice Blue Charges & AMC

TradeSmart trading account opening charges is Free while Alice Blue account opening changes is Rs 150. TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Alice Blue Demat Account AMC Charges is Rs 400.

  TradeSmart Alice Blue
Trading Account Opening Charges Free Rs 150
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Free Rs 0
Demat Account AMC Charges Rs 300 (1st Year Free) Rs 400

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TradeSmart Vs Alice Blue Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and intraday is Rs 20 per order or 0.05% whichever is lower.

Account Type TradeSmart Power Plan Alice Blue Freedom 15 (F15)
Fixed Charges NA
Equity Delivery Rs 15 per order Rs 20 per order or 2.5% whichever is lower
Equity Intraday Rs 15 per order Rs 20 per order or 0.05% whichever is lower
Equity Futures Rs 15 per order Rs 20 per order or 0.05% whichever is lower
Equity Options Rs 15 per order Rs 20 per order
Currency Futures Rs 15 per order Rs 20 per order or 0.05% whichever is lower
Currency Options Rs 15 per order Rs 20 per order
Commodity Futures Rs 15 per order Rs 20 per order or 0.05% whichever is lower
Commodity Options Rs 15 per order Rs 20 per order
Special Offer
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.
Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

TradeSmart Vs Alice Blue Brokerage Plan 2

  TradeSmart Alice Blue
Account Type Value Plan Freedom 15 (F15)
Fixed Charges
Equity Delivery 0.07% Rs 20 per order or 2.5% whichever is lower
Equity Intraday 0.007% Rs 20 per order or 0.05% whichever is lower
Equity Futures 0.007% Rs 20 per order or 0.05% whichever is lower
Equity Options Rs 7 Per Lot Rs 20 per order
Currency Futures 0.007% Rs 20 per order or 0.05% whichever is lower
Currency Options Rs 7 Per Lot Rs 20 per order
Commodity Futures 0.007% Rs 20 per order or 0.05% whichever is lower
Commodity Options Rs 7 Per Lot Rs 20 per order
Open TradeSmart AccountOpen Alice Blue Account

TradeSmart Charges Vs Alice Blue

Minimum Brokerage Rs 15 per executed order Rs 0
Other Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges Rs 20 per executed order Rs 20 per executed order

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TradeSmart Vs Alice Blue Transaction Charges

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

  TradeSmart Alice Blue
Equity Delivery NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | 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 325 per Cr (0.00325%) | 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%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 7750 per Cr (0.0775%) | BSE Rs 4950 per Cr (0.0495%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 165 per Cr (0.00165%) | BSE Rs 165 per Cr (0.00165%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 5500 per Cr (0.055%) | BSE Rs 400 per Cr (0.004%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity 0.0039% Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
Open TradeSmart AccountOpen Alice Blue Account

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TradeSmart Vs Alice Blue Leverage (Margin)

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

  TradeSmart Alice Blue
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 AccountOpen Alice Blue Account

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Compare TradeSmart and Alice Blue Features

The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

  TradeSmart Alice Blue
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Mobile trading app, Desktop trading application, Browser, APIs Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing Equity: 3:15PM
Trading In SME Shares Allowed?
Referral Program Yes Yes
Other Features
Open TradeSmart AccountOpen Alice Blue Account

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TradeSmart Vs Alice Blue Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas Alice Blue is rated 3.1 of 5 based on 40 customer reviews.

  TradeSmart Alice Blue
  67 Customer Reviews    Rate TradeSmart 40 Customer Reviews    Rate Alice Blue
Fees 3.8 3.7
Brokerage 4.4 3.7
Trading Platform 3.8 3.3
Customer Service 4.0 2.9
Research Capabilities 2.7 1.9
Overall Ratings Rated 4.0 stars Rated 3.1 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 67 customer reviews Alice Blue is rated 3.1 of 5 based on 40 customer reviews

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Contact Broker / Request A Call Back

  TradeSmart Enquire Alice Blue Enquire
Contact Broker Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today. Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

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TradeSmart Vs Alice Blue Investment Options

  TradeSmart Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options

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TradeSmart Vs Alice Blue Order Type Offered

  TradeSmart Alice Blue
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open TradeSmart AccountOpen Alice Blue Account

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TradeSmart Vs Alice Blue Research Report

  TradeSmart Alice Blue
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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TradeSmart Vs Alice Blue Suitable For Investor Type

  TradeSmart Alice Blue
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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TradeSmart Vs Alice Blue - Pros and Cons

  TradeSmart Alice Blue
Pros
  • 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.
  • Flat Rs 20 brokerage for intraday and F&O.
  • Advance online trading platform.
Cons
  • 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.
  • Online Mutual Fund investment is not available.
  • Margin funding is not available.
  • Good Till Cancelled (GTC) orders not available.
  • Call & Trade is available with additional cost of Rs 20 per order.
Reviews Useful Articles:
Promo / Offers

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.

Alice Blue Special Offer

Free Equity Delivery Trade

Trade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

Open TradeSmart AccountOpen Alice Blue Account

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