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TradeSmart Vs Tradingo (Compare TradeSmart and Tradingo)

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

Tradingo (Swastika Investmart Ltd) Logo

About Tradingo
Tradingo is an online trading platform, powered by Swastika Investmart Limited (SEBI Reg. No. : INZ000192732), a traditional brokerage company and financial service provider since 1992. Tradingo is a discount broker that offers transparent and affordable brokerage services to customers who want to trade in the Indian stock market. They allow people to trade online with the help of a broker, ensuring faster and more cost-effective transactions, offering a wide range of financial products and serv... Know more about Tradingo (Swastika Investmart Ltd)

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TradeSmart Vs Tradingo

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

  TradeSmart Tradingo
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE, BSE, MCX and NCDEX
Year of Incorporation 1994 2016
Number of Branches 1
Open TradeSmart AccountOpen Tradingo Account

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TradeSmart Vs Tradingo Charges & AMC

TradeSmart trading account opening charges is Free while Tradingo account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Tradingo Demat Account AMC Charges is Rs 250 +GST (From 2nd Year).

  TradeSmart Tradingo
Trading Account Opening Charges Free Rs 0 (Free)
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 250 +GST (From 2nd Year)

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TradeSmart Vs Tradingo Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Tradingo brokerage charges for equity is Rs 20 per trade or 2.5% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).

Account Type TradeSmart Power Plan Tradingo Discount Broking Plan
Fixed Charges NA Nil
Equity Delivery Rs 15 per order Rs 20 per trade or 2.5% (whichever is lower)
Equity Intraday Rs 15 per order Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures Rs 15 per order Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Rs 15 per order Rs 20 per executed order
Currency Futures Rs 15 per order Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Rs 15 per order Rs 20 per executed order
Commodity Futures Rs 15 per order Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options Rs 15 per order Rs 20 per executed 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: Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer

TradeSmart Vs Tradingo Brokerage Plan 2

  TradeSmart Tradingo
Account Type Value Plan Premium Plan
Fixed Charges
Equity Delivery 0.07% 0.3% of trade value
Equity Intraday 0.007% 0.03% of trade value
Equity Futures 0.007% 0.03% of trade value
Equity Options Rs 7 Per Lot Rs 30 per lot
Currency Futures 0.007% 0.3% of trade value
Currency Options Rs 7 Per Lot Rs 30 per lot
Commodity Futures 0.007% 0.3% of trade value
Commodity Options Rs 7 Per Lot Rs 30 per lot
Open TradeSmart AccountOpen Tradingo Account

TradeSmart Charges Vs Tradingo

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 Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges Rs 20 per executed order Additional Rs 20 per executed order

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TradeSmart Vs Tradingo 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 Tradingo exchange transaction charges for options is NSE Rs 7500 per Cr (0.075%) | BSE Rs 50 per Cr (0.0005%) (on premium).

  TradeSmart Tradingo
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 275 per Cr (0.00275%) (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 275 per Cr (0.00275%) (sell side)
Equity Futures NSE Rs 238 per Cr (0.00238%) | BSE Rs 500 per Cr (0.005%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 50 per Cr (0.0005%)
Equity Options NSE Rs 7750 per Cr (0.0775%) | BSE Rs 4950 per Cr (0.0495%) (on premium) NSE Rs 7500 per Cr (0.075%) | BSE Rs 50 per Cr (0.0005%) (on premium)
Currency Futures NSE Rs 165 per Cr (0.00165%) | BSE Rs 165 per Cr (0.00165%) NSE Rs 160 per Cr (0.0016%)
Currency Options NSE Rs 5500 per Cr (0.055%) | BSE Rs 400 per Cr (0.004%) (on premium) NSE Rs 6000 per Cr (0.06%) (on premium)
Commodity 0.0039% Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
Open TradeSmart AccountOpen Tradingo Account

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TradeSmart Vs Tradingo Leverage (Margin)

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

  TradeSmart Tradingo
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 Tradingo Account

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Compare TradeSmart and Tradingo Features

The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Tradingo offers Tradingo, Justrade trading software.

  TradeSmart Tradingo
3 in 1 Account No No
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 Tradingo, Justrade
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Trading In SME Shares Allowed?
Referral Program Yes
Other Features
Open TradeSmart AccountOpen Tradingo Account

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TradeSmart Vs Tradingo Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

  TradeSmart Tradingo
  67 Customer Reviews    Rate TradeSmart 6 Customer Reviews    Rate Tradingo
Fees 3.8 4.2
Brokerage 4.4 4.7
Trading Platform 3.8 3.5
Customer Service 4.0 3.8
Research Capabilities 2.7 2.0
Overall Ratings Rated 4.0 stars Rated 4.0 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 67 customer reviews Tradingo is rated 4.0 of 5 based on 6 customer reviews

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Contact Broker / Request A Call Back

  TradeSmart Enquire Tradingo 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. Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer

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TradeSmart Vs Tradingo Investment Options

  TradeSmart Tradingo
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

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TradeSmart Vs Tradingo Order Type Offered

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

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TradeSmart Vs Tradingo Research Report

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

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TradeSmart Vs Tradingo Suitable For Investor Type

  TradeSmart Tradingo
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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TradeSmart Vs Tradingo - Pros and Cons

  TradeSmart Tradingo
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.
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
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.
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
Reviews Useful Articles:

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges Rs 20 per order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per trade or 0.05% (whichever is lower) for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

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.

Tradingo Special Offer

Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery and pay Rs 20 per executed order or 0.05% (whichever is lower) brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Open TradeSmart AccountOpen Tradingo Account

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