Looking for Low Brokerage, High Margin & Free Tips?
TradeBulls Vs Trade Smart Online
| | Broker Comparison, Trading | No Comments
TradeBulls 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.
TradeBulls Vs Trade Smart Online Comparison
Here is a point by point comparison of TradeBulls Vs Trade Smart Online.
TradeBulls is a full-service stockbroker based out of Mumbai. Being a Full-Service Stockbroker, Tradebulls charges a reasonable brokerage rate and offers its in-house developed trading platforms to clients.
Trade Smart Online is a discount broker that was incorporated by VNS – a stockbroking 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 TradeBulls 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 TradeBulls 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
TradeBulls 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 | Tradebulls Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 1994 | 2009 |
| Number of branches across India | 1 | 18 |
| Exchanges | NSE, BSE, MCX, MCX-SX and NCDEX | NSE, BSE, MCX-SX, NCDEX and MCX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹200 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹200 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹300 | ₹350 |
| Transaction Charges | Trade Smart Online Transaction Charges | Tradebulls Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed order or 0.07% depending on the plan | 0.2% |
| Intraday Delivery | ₹15 per executed order or 0.007% depending on the plan | 0.02% |
| Equity Futures | ₹15 per executed order or 0.007% depending on the plan | 0.02% |
| Equity Options | ₹15 or ₹7 per executed order depending on the plan | 0.02% |
| Currency Futures | ₹15 per executed order or 0.007% depending on the plan | 0.01% |
| Currency Options | ₹15 per executed order or 0.007% depending on the plan | 0.01% |
| Commodity | ₹15 per executed order or 0.007% depending on the plan | 0.01% |
| Brokerage Calculator | Trade Smart Online Brokerage Calculator | TradeBulls Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 30 times | Upto 10 times Intraday & 3 to 5 times for Delivery |
| Equity Futures | Upto 5 times | 2 times |
| Equity Options | Upto 5 times | 3 times |
| Currency Futures | Upto 3 times | 2 times |
| Currency Options | Upto 3 times | 3 times |
| Commodities | Upto 5 times | 3 times |
| 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 | Tradebulls Client, Diet, Touch Mobile App |
| Total BSE+NSE Complaints | 14 | 17 |
| OVERALL RATING |  | |
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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 TradeBulls Vs Trade Smart Online for the benefits of other readers? Please feel free to share in the comments below.
Summary
Reviewer
A Digital Blogger
Date
Broker Name
TradeBulls Vs Trade Smart Online
Overall Rating
