FundsIndia Vs Trade Smart Online
| |Here is a point by point comparison of FundsIndia Vs Trade Smart Online.
Trade Smart Online is another discount stockbroker in India that was launched by VNS, a stockbroking firm that was incorporated in 1994. It started well into discount broking in 2014 but has not experienced much of success recently.
FundsIndia, on the other hand, is an investment services firm which was incorporated back in the year 2009. Primarily know for mutual funds, this stockbroker also allows you to trade in Equities and few other investment products at low cost.
FundsIndia Vs Trade Smart Online Comparison
Discount brokers such as FundsIndia or Trade Smart Online offer trading services at much cheaper brokerage rates and reasonable customer service. To make things easy for you, we have listed out the comparison between FundsIndia 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
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.
FundsIndia Vs Trade Smart Online Details
FundsIndia Review | Trade Smart Online Review | |
OVERVIEW | ||
Incorporated In the Year | 2009 | 1994 |
Number of branches across India | 1 | 1 |
Exchanges | SEBI | NSE, BSE, MCX, MCX-SX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹200 |
Trading Account Annual Maintenance Charges | ₹200 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹200 |
Demat Account Annual Maintenance Charges | ₹0 | ₹300 |
Transaction Charges | FundsIndia Transaction Charges | Trade Smart Online Transaction Charges |
BROKERAGE | ||
Equity Delivery | Min. ₹6, Max ₹20 | ₹15 per executed order or 0.07% depending on the plan |
Intraday Delivery | Min. ₹6, Max ₹20 | ₹15 per executed order or 0.007% depending on the plan |
Equity Futures | Min. ₹6, Max ₹20 | ₹15 per executed order or 0.007% depending on the plan |
Equity Options | Min. ₹6, Max ₹20 | ₹15 or ₹7 per executed order depending on the plan |
Currency Futures | NA | ₹15 per executed order or 0.007% depending on the plan |
Currency Options | NA | ₹15 per executed order or 0.007% depending on the plan |
Commodity | NA | ₹15 per executed order or 0.007% depending on the plan |
Calculate Brokerage | FundsIndia Brokerage Calculator | Trade Smart Online Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5 Times | Intraday upto 30 times |
Equity Futures | Upto 5 Times | Upto 5 times |
Equity Options | Upto 5 Times | Upto 5 times |
Currency Futures | NA | Upto 3 times |
Currency Options | NA | Upto 3 times |
Commodities | NA | Upto 5 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) | FundsIndia Web, FundsIndia Mobile App | NOW, Nest, Spin |
Complaint Percentage of Active Clients | 0.02% | 0.05% |
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 FundsIndia Vs Trade Smart Online for the benefits of other readers? Please feel free to share in the comments below.
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