TradeSmart Customer Reviews, Complaints and Feedback (Page 9)
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Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.
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...
In last 3 days I placed 23 orders of 77 trades totaling traded volume of around Rs 2 Crore. With all this I paid brokerage of Just Rs 345. Truly amazing.
If I think back about per lol brokerage I paid it’s less than Rs 5 per lot. This is super-duper cheap.
I was earlier trading with Kotak securities and still have account where I have their cheapest brokerage plan of 0.01% or 1 paisa. Even with this plan I would have paid Rs 2136 of breakage and if you include taxes its much higher.
Rs 345 Vs Rs 2136… this is good saving. I wish I would have moved to them earlier.
Hello dinesh parmar, Happy to know the cost saving you have been able to generate by trading through us. Low brokerage and excellent service has always been our aim. Your appreciation will motivate us to perform better.
I am interested in opening an account with your brokerage. I am already using reliance securities. I am only a casual trader. I would like to know what hidden charges are there. Lets say i want to open 0.07p/0.7p. What will be my charges for buying a stock eg 1000 rs in delivery basis and then selling it. If possible give me a complete breakdown of charges related to the above written transaction.
Also in reliance securities i have an option of paying for a stock bought with margins within 7 days t+7. Is there any such facility available with your brokerage.
41.1. TradeSmartOnline|| Link|June 3, 2014 11:43:44 AM
Hello Saptaswa,
1) There will a demat transaction charge of Rs.15/- per scrip only on delivery sold.
1.) If i opening trading and demat AC on your firm which bank savings AC i have to open. Can i open a savings bank AC with AXIS bank. 2.) Where can i downyour software.please give excat web address
40.1. TradeSmartOnline|| Link|June 3, 2014 11:59:19 AM
Hi ManiKannan,
Yes, you can open account with Axis Bank. For instant fund transfer we have payment gateway available for Axis, ICICI, HDFC & Kotak Mahindra Bank in the NOW trading application.
1.your trading software the NOW software cannot install on my computer.It show some error. How can i install it? 2.Is web trading facility is available on your service, If yes charting facility is in that?
now software is not working in my windows 8. Its showing “OS error Initialization Failed for Interactive Engine : <>
Hi Bela, Yes.Once the shares are received in your demat account they could be sold in either NSE or BSE. Apart from brokerage and other statutory charges there will a demat transaction charge of Rs.15/- per scrip only on delivery sell.
Recently i opened new account. this rating based upon my view
Ratings:
Brokerage - Excellent Account Maintenance Fees - Below Average Website Usability - Average Customer Service - Average Overall Experience - Above Average
You are charging rs 15 as delivery transaction charge, sell delivery. I think it is not right. What I am heard is as follows.
Transaction Charges
Equity Delivery Transactions Purchase: 0.0035% of turnover in NSE and 0.0034% of Turnover in BSE Sell: 0.0035% of turnover in NSE and 0.0034% of Turnover in BSE
Equity Intra-day Transactions Purchase: 0.0035% of Turnover in NSE and 0.0034% of Turnover in BSE Sell: 0.0035% of Turnover in NSE and 0.0034% of Turnover in BSE
Future Transactions Purchase: 0.002% of Turnover i.e. (Number of Lots * Lot Size * Price) Sell: 0.002% of Turnover i.e. (Number of Lots * Lot Size * Price)
Option Transactions Purchase: 0.05% of Premium Sell: 0.05% of Premium
Hi RK, The transaction charges are charged by the exchange. While the demat transaction charge,applicable only on the sell side of equity delivery is charged by the depository.
Please open the facility of referral referral commission sir.Suppose I refer 10 people.They refer 100.So for 110 people I can have the commission.You guys are very good tgere.Please open this facility for us.We will be happy if u provide only3% on referral referral.If you deduct 5% for 20% of our referral then also we are happy.Please open it.
What are the demat Both buy side & sell side)? Also is it mandatory to sign a POA? What are the funds pay-in & pay-out charges? Since you are based in Mumbai how are customer problems/complaints solved? What is the procedure of investing in Mutual Funds?
Hello Raj, 1)The Demat charges or Demat transaction charges are applicable only on the sell side of delivery. The charge is Rs.15/- per scrip. 2)Yes. Please refer our Knowledgebase on necessity of POA http://tradesmartonline.in/knowledgebase/why-is-a-power-of-attorney-poa-for-demat-account-required/ 3)There are no charges for pay-in or pay-out from our end, although your bank might charge you for NEFT transfers during pay-in. 4)We address client’s query or provide them technical assistance through chat support, phone call or through remote software. We can assure you that distance won’t be an impediment to provide you efficient and prompt service. 5)Please provide your contact details on our website www.tradesmartonline.in and will we will get in touch with you regarding details for investing in Mutual funds.
Sir i am living in a town in cuddalore district,tamilnadu. 1.There is no branches of your firm near by me.If i going to open an ACCOUNT through you then is it must to visit any of your office or i can open AC through online and made my transactions in online. 2.After opening an account in your firm , if i don''t make any transactions , trades for 3months or more do you close my AC
Hello Manikannan, We hope the query has been answered to your satisfaction through our face book post. Please let us know if you have any other questions.
30. M RAJU|| Link|February 19, 2014 9:23:19 PMReply
sir, Are you providing automated trading in NSE BSE.
Hi radha, Apologies for the delay in reply. Thought we had replied to this but somehow the reply is not visible here. So maybe we goofed up.
Sure, we can provide you a demo of the trading software. Please leave your contact details on our website www.tradesmartonline.in and one of us will get in touch with you soon to provide demo ID and password.
28. AMIT DAS|| Link|February 16, 2014 3:24:06 PMReply
I am basically an investor or a casual trader. Right now, I have an online trading a/c with shriraminsight.com in kolkata. with 3p/30p brokerage plan,0 A/C opening charges & 0 amc charges on both trading and demat a/c. I also have 750 MCX shares @ 1450/- in my demat a/c. can u offer me any better brokerage plan.