Indiabulls Vs Trade Smart Online
| |Indiabulls 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.
Indiabulls Vs Trade Smart Online Comparison
Here is a point by point comparison of Indiabulls Vs Trade Smart Online. Indiabulls Ventures is a full-service stockbroking house from Indiabulls Group. Based out of Gurgaon, Indiabulls has a presence in 18 cities of the country with a client base of 7 Lakhs.
Trade Smart Online is a discount broker that was incorporated by VNS – a stockbroking firm that was founded in 1994.
Full-service brokers such as Indiabulls 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. Discount brokers such as Trade Smart Online offer trading services at much cheaper brokerage rates and reasonable customer service.
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 Indiabulls 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
Indiabulls 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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Trade Smart Online Review | Indiabulls Ventures Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 1994 | 2000 |
Number of branches across India | 1 | 150 |
Exchanges | NSE, BSE, MCX, MCX-SX and NCDEX | NSE, BSE, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹200 | ₹450 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹200 | ₹0 |
Demat Account Annual Maintenance Charges | ₹300 | ₹450 (Free 1st Year) |
Transaction Charges | Trade Smart Online Transaction Charges | Indiabulls Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 per executed order or 0.07% depending on the plan | 0.01% |
Intraday Delivery | ₹15 per executed order or 0.007% depending on the plan | ₹15 per executed order or 0.01% (whichever is lower) |
Equity Futures | ₹15 per executed order or 0.007% depending on the plan | ₹15 per executed order or 0.01% (whichever is lower) |
Equity Options | ₹15 or ₹7 per executed order depending on the plan | ₹15 per lot |
Currency Futures | ₹15 per executed order or 0.007% depending on the plan | ₹15 per executed order or 0.01% (whichever is lower) |
Currency Options | ₹15 per executed order or 0.007% depending on the plan | ₹15 per lot |
Commodity | ₹15 per executed order or 0.007% depending on the plan | ₹15 per executed order or 0.01% (whichever is lower) |
Brokerage Calculator | Trade Smart Online Brokerage Calculator | Indiabulls Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 30 times | Upto 10 times for Intraday, & 3 times for Delivery |
Equity Futures | Upto 5 times | Upto 3 times Intraday |
Equity Options | Upto 5 times | NA |
Currency Futures | Upto 3 times | Upto 3 times Intraday |
Currency Options | Upto 3 times | NA |
Commodities | Upto 5 times | Upto 3 times 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 | Power Indiabulls, Online Trading, Indiabulls Shubh |
Total BSE+NSE Complaints | 14 | 43 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Indiabulls Vs Trade Smart Online for the benefits of other readers?
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Please feel free to share in the comments below.
Check out more comparisons here.