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TradeSmart Vs Paytm Money (Compare TradeSmart and Paytm Money)

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

About Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ...

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

TradeSmart Vs Paytm Money

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

	TradeSmart	Paytm Money
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	NSE and BSE
Year of Incorporation	1994	2017
Number of Branches	1	1
	Open TradeSmart Account	Open Paytm Money Account

TradeSmart Vs Paytm Money Charges & AMC

TradeSmart trading account opening charges is Free while Paytm Money account opening changes is Rs 200. TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

	TradeSmart	Paytm Money
Trading Account Opening Charges	Free	Rs 200
Trading Account AMC Charges	Rs 0	Rs 300 (Annual Platform Fees)
Demat Account Opening Charges	Free	Rs 0 (Free)
Demat Account AMC Charges	Rs 300 (1st Year Free)	Rs 0 (Free)

TradeSmart Vs Paytm Money Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Paytm Money brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is low.

Account Type	TradeSmart Power Plan	Paytm Money Standard Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 15 per order	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Rs 15 per order	Rs 20 per executed order or 0.05% whichever is low
Equity Futures	Rs 15 per order	Rs 20 per executed order or 0.01% whichever is low
Equity Options	Rs 15 per order	Rs 20 per executed order
Currency Futures	Rs 15 per order
Currency Options	Rs 15 per order
Commodity Futures	Rs 15 per order
Commodity Options	Rs 15 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: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer

TradeSmart Vs Paytm Money Brokerage Plan 2

	TradeSmart	Paytm Money
Account Type	Value Plan	Standard Plan
Fixed Charges		NA
Equity Delivery	0.07%	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	0.007%	Rs 20 per executed order or 0.05% whichever is low
Equity Futures	0.007%	Rs 20 per executed order or 0.01% whichever is low
Equity Options	Rs 7 Per Lot	Rs 20 per executed order
Currency Futures	0.007%
Currency Options	Rs 7 Per Lot
Commodity Futures	0.007%
Commodity Options	Rs 7 Per Lot
	Open TradeSmart Account	Open Paytm Money Account

TradeSmart Charges Vs Paytm Money

Minimum Brokerage	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	Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier
Call & Trade Charges	Rs 20 per executed order	Rs 100

TradeSmart Vs Paytm Money 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 Paytm Money exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	TradeSmart	Paytm Money
Equity Delivery	NSE Rs 322 per Cr (0.00322%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 345 per Cr (0.00345%) \| 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 345 per Cr (0.00345%) \| 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%)	BSE Rs 200 per Cr (0.002%)
Equity Options	NSE Rs 7750 per Cr (0.0775%) \| BSE Rs 4950 per Cr (0.0495%) (on premium)	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	NSE Rs 165 per Cr (0.00165%) \| BSE Rs 165 per Cr (0.00165%)
Currency Options	NSE Rs 5500 per Cr (0.055%) \| BSE Rs 400 per Cr (0.004%) (on premium)	(on premium)
Commodity	0.0039%
	Open TradeSmart Account	Open Paytm Money Account

TradeSmart Vs Paytm Money Leverage (Margin)

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

	TradeSmart	Paytm Money
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	Open Paytm Money Account

Compare TradeSmart and Paytm Money Features

The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

	TradeSmart	Paytm Money
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	Mobile trading app, Desktop trading application, Browser, APIs	Paytm Money mobile app, Paytm Money website
Intraday Square-off Time	Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing	3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open TradeSmart Account	Open Paytm Money Account

TradeSmart Vs Paytm Money Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas Paytm Money is rated 3.2 of 5 based on 52 customer reviews.

	TradeSmart	Paytm Money
	67 Customer Reviews	52 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	TradeSmart is rated 4.0 of 5 based on 67 customer reviews	Paytm Money is rated 3.2 of 5 based on 52 customer reviews

Contact Broker / Request A Call Back

	TradeSmart Enquire	Paytm Money 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.	Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer

TradeSmart Vs Paytm Money Investment Options

	TradeSmart	Paytm Money
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		NPS Retirement Fund, Digital Fund

TradeSmart Vs Paytm Money Order Type Offered

	TradeSmart	Paytm Money
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	Open Paytm Money Account

TradeSmart Vs Paytm Money Research Report

	TradeSmart	Paytm Money
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

TradeSmart Vs Paytm Money Suitable For Investor Type

	TradeSmart	Paytm Money
Casual Investor
Active Investor
Trader

TradeSmart Vs Paytm Money - Pros and Cons

	TradeSmart	Paytm Money
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 rate brokerage fee (max Rs 20 per trade). Free Mutual Fund investments with no hidden charges. Direct MF platform that helps you earn an extra 1% returns. Zero Maintenance Charges. Instant digital account opening. Simple and easy trading platforms. Online IPO application services. Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
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.	Branch support not available. GTC order type not available. Trading platforms use fee: Rs 30 per month. No Margin trading facility. No Margin against shares. Commodity and Currency trading not available.
Reviews	Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)	Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru-based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments. The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 15 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL. Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.
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.	Paytm Money Special Offer Pay Rs 0 brokerage for first 15 days Pay flat ₹20 per executed order for Delivery, Intraday & F&O. This is a limited-time offer. Open Instant Paytm Account online and start trading today.
	Open TradeSmart Account	Open Paytm Money Account

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