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TradeSmart Vs AxisDirect (Compare TradeSmart and AxisDirect)

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

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

About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  TradeSmart AxisDirect
Type of Broker Discount Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1994 2006
Number of Branches 1 56
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TradeSmart Vs AxisDirect Charges & AMC

TradeSmart trading account opening charges is Free while AxisDirect account opening changes is Rs 900. TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and AxisDirect Demat Account AMC Charges is Rs 650.

  TradeSmart AxisDirect
Trading Account Opening Charges Free Rs 900
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 650
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TradeSmart Vs AxisDirect Brokerage

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

Account Type TradeSmart Power Plan AxisDirect Standard Brokerage Plan
Fixed Charges NA NA
Equity Delivery Rs 15 per order 0.50%
Equity Intraday Rs 15 per order 0.05%
Equity Futures Rs 15 per order 0.05%
Equity Options Rs 15 per order Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Rs 15 per order 0.05%
Currency Options Rs 15 per order Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures Rs 15 per order 0.03%
Commodity Options Rs 15 per order Rs 50 per lot
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.

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.

TradeSmart Vs AxisDirect Brokerage Plan 2

  TradeSmart AxisDirect
Account Type Value Plan Standard Brokerage Plan
Fixed Charges NA
Equity Delivery 0.07% 0.50%
Equity Intraday 0.007% 0.05%
Equity Futures 0.007% 0.05%
Equity Options Rs 7 Per Lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.007% 0.05%
Currency Options Rs 7 Per Lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.007% 0.03%
Commodity Options Rs 7 Per Lot Rs 50 per lot
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TradeSmart Charges Vs AxisDirect

Minimum Brokerage Rs 15 per executed order Rs 20 per trade
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 call
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TradeSmart Vs AxisDirect 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 AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  TradeSmart AxisDirect
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%
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TradeSmart Vs AxisDirect Leverage (Margin)

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

  TradeSmart AxisDirect
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 TradeSmart and AxisDirect Features

The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  TradeSmart AxisDirect
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Mobile trading app, Desktop trading application, Browser, APIs DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing 3:15
Trading In SME Shares Allowed?
Referral Program Yes Yes
Other Features
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TradeSmart Vs AxisDirect Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 89 customer reviews.

  TradeSmart AxisDirect
  67 Customer Reviews    Rate TradeSmart 89 Customer Reviews    Rate AxisDirect
Fees 3.8 2.0
Brokerage 4.4 1.8
Trading Platform 3.8 2.5
Customer Service 4.0 2.1
Research Capabilities 2.7 2.7
Overall Ratings Rated 4.0 stars Rated 2.0 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 67 customer reviews AxisDirect is rated 2.0 of 5 based on 89 customer reviews
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Contact Broker / Request A Call Back

  TradeSmart Enquire AxisDirect 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. 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.
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TradeSmart Vs AxisDirect Investment Options

  TradeSmart AxisDirect
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options Loans, ETF, Corporate FD
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TradeSmart Vs AxisDirect Order Type Offered

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

  TradeSmart AxisDirect
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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TradeSmart Vs AxisDirect Suitable For Investor Type

  TradeSmart AxisDirect
Casual Investor Yes
Active Investor Yes
Trader Yes
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TradeSmart Vs AxisDirect - Pros and Cons

  TradeSmart AxisDirect
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.
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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.
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
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.

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.

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