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Edelweiss Broking Vs Trade Smart Online
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Edelweiss Broking Vs Trade Smart Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Edelweiss Broking Vs Trade Smart Online Comparison
Here is a point by point comparison of Edelweiss Broking Vs Trade Smart Online.
Edelweiss Broking is a full-service broker based out of Mumbai with clients across Institutional, retail and corporations. It has a client base of around 9 lakh clients and covers around 237 locations from 120+ cities of India. Edelweiss acquired J.P. Morgan asset management company in March 2016 thus widening its coverage and hold in the commodities segment.
Trade Smart Online is a discount broker that was incorporated by VNS – a stock broking firm that was founded in 1994.
Discount brokers such as Trade Smart Online offer trading services at much cheaper brokerage rates and reasonable customer service.
Full-service brokers such as Edelweiss Broking will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Edelweiss Broking Vs Trade Smart Online to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Edelweiss Broking Vs Trade Smart Online Details
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover.
Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Trade Smart Online Review | Edelweiss Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 1994 | 2002 |
| Number of branches across India | 1 | 237 |
| Exchanges | NSE, BSE, MCX, MCX-SX and NCDEX | NSE, BSE, MCX-SX and MSEI |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹200 | ₹1000 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹200 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹300 | Free for 1st year, ₹500 from 2nd year |
| Transaction Charges | Trade Smart Online Transaction Charges | Edelweiss Broking Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed order or 0.07% depending on the plan | 0.45% |
| Intraday Delivery | ₹15 per executed order or 0.007% depending on the plan | 0.06% |
| Equity Futures | ₹15 per executed order or 0.007% depending on the plan | 0.06% |
| Equity Options | ₹15 or ₹7 per executed order depending on the plan | ₹150 per lot |
| Currency Futures | ₹15 per executed order or 0.007% depending on the plan | 0.050% |
| Currency Options | ₹15 per executed order or 0.007% depending on the plan | ₹50 per lot |
| Commodity | ₹15 per executed order or 0.007% depending on the plan | NA |
| Brokerage Calculator | Trade Smart Online Brokerage Calculator | Edelweiss Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 30 times | Upto 20 times for Intraday, Upto 4 times for Delivery @interest |
| Equity Futures | Upto 5 times | Upto 3 times for Intraday |
| Equity Options | Upto 5 times | Buying No Leverage, Shorting upto 3 times for Intraday |
| Currency Futures | Upto 3 times | Upto 2 times for Intraday |
| Currency Options | Upto 3 times | Buying No Leverage, Shorting upto 3 times for Intraday |
| Commodities | Upto 5 times | Upto 3 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | NOW, Nest, Spin | Xtreme Trader, Traders Lounge, Mobile Trader |
| Total BSE+NSE Complaints | 14 | 78 |
| OVERALL RATING |  | |
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Date
Broker Name
Edelweiss Broking Vs Trade Smart Online
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