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Trade Smart Online Brokerage
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Trade Smart Online is one of the discount stockbrokers in India. As far asĀ Trade Smart Online Brokerage charges are concerned, those are flat rates and stay the same irrespective of your trade value.
In other words, whether you are placing a trade ofĀ ā¹100 orĀ ā¹100000, it does not matter. You will be levied the same Trade Smart Online Brokerage charges.
What does that mean for you as a trader? Well, you can leave away any sorts of worries about your trade turnover since your brokerage will not change whatsoever be the case.
In this review, along with the Trade Smart Online Brokerage charges, find detailed information on:
- Account opening charges
- Annual maintenance charges
- Brokerage plans & corresponding charges
- Transaction Charges
Trade Smart Online Brokerage Charges
If you hold the TradeSmart demat account, then you’d be interested in understanding the different Trade Smart Online brokerage plans.
To answer that, there are three plans Trade Smart Online offers to its clients depending on their trading behaviour and preferences. These brokerage plans are intended for different sets of traders and based on what your trading/investment style is, you can pick the corresponding brokerage plan.
This discount broker is one of the very few that goes to the extent of providing three completely separate brokerage plans as mentioned below:
- Value Plan: Suits investors with limited trade turnover and frequency
- Power Plan: is optimal for traders who trade with a high turnover with limited trading frequency
- Infinity plan: suits traders with very high trade turnover and huge trading frequency.
Here are more details for your reference:
Trade Smart Online Brokerage – Value Plan
This plan is for traders who trade with less volume with no minimum commitment. Here are the brokerage charges:
| Equity Delivery | 0.07% |
| Equity Intraday | 0.007% |
| Equity Futures | 0.007% |
| Equity Options | ā¹7 per lot |
| Currency Futures | 0.007% |
| Currency Options | ā¹7 per lot |
| Commodity | 0.007% |
Trade Smart Online Brokerage – Power Plan
A power plan is primarily for heavy traders who might trade less but trade for high-value stock lots. This is the brokerage under this plan:
| Equity Delivery | ā¹15 per executed order |
| Equity Intraday | ā¹15 per executed order |
| Equity Futures | ā¹15 per executed order |
| Equity Options | ā¹15 per executed order |
| Currency Futures | ā¹15 per executed order |
| Currency Options | ā¹15 per executed order |
| Commodity | ā¹15 per executed order |
Trade Smart Online Brokerage – Infinity Plan
This plan is basically for active traders who trade at high frequency and high volume on a regular basis. The best part of this plan is in case the client does not trade for a month, the amount under the plan gets refunded to the account.
Here are the charges:
| Equity Delivery | ā¹3999 per month for Unlimited Trades |
| Equity Intraday | ā¹15 per executed order |
| Equity Futures | ā¹15 per executed order |
| Equity Options | ā¹15 per executed order |
| Currency Futures | ā¹1999 per month for Unlimited Trades |
| Currency Options | |
| Commodity | ā¹3999 per month for Unlimited Trades |
For more information, you should ideally be checking this Trade Smart Online Brokerage Calculator.
Trade Smart Online Account Opening Charges
In order to get started with your trading through this discount broker, you are supposed to open a trading and a Trade Smart Online demat account. Furthermore, you are supposed to pay corresponding annual maintenance charges as well.
Here are the account related charges levied by Trade Smart Online:
| Demat Account Opening Charges | ā¹200 |
| Trading Account Opening Charges | ā¹200 |
| Demat Account Annual Maintenance Charges (AMC) | ā¹300 (First Year Free) |
| Trading Account Annual Maintenance Charges (AMC) | ā¹0 |
Trade Smart Online Transaction Charges
The client needs to bear the following transaction charges as well along with the brokerage paid. Here are the details:
| Equity Delivery | 0.00350% |
| Equity Intraday | 0.00350% |
| Equity Futures | 0.00240% |
| Equity Options | 0.07150% |
| Currency Futures | 0.00165% |
| Currency Options | 0.06000% |
| Commodity | 0.00390% |
Interested to open an account with Trade Smart Online? Click here and get a FREE call back.
More on Trade Smart Online:
If you wish to learn more about this discount broker, here are a few references for you:
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