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Trade Smart Online Vs Networth Direct
| | Broker Comparison, Trading | No Comments
Trade Smart Online Vs Networth Direct 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.
Trade Smart Online Vs Networth Direct Comparison
Here is a point by point comparison between Trade Smart Online Vs Networth Direct.
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 charge a fixed amount at the transaction level and is independent of the size of the transaction.
Networth Direct (earlier called Monarch Networth) is a full-service stockbroker based out of Ahmedabad with a total employee strength of around 650. The broker is known for a wide range of trading and investment products along with decent research quality.
Furthermore, the broker has an offline presence in around 325 locations across different parts of India.
Everything about Trade Smart Online is Online, be it – customer service, trading, account opening and so on. At the same time, Networth Direct 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 etc.
To make things easy for you, we have listed out the comparison between Trade Smart Online Vs Networth Direct 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
Trade Smart Online Vs Networth Direct 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.
 |  | |
| Networth Direct Review | Trade Smart Online Review | |
| OVERVIEW | ||
| Incorporated In the Year | 1995 | 1994 |
| Number of branches across India | 325 | 1 |
| Exchanges | NSE, BSE, MCX-SX, MCX and NCDEX | NSE, BSE, MCX, MCX-SX and NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹200 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹200 |
| Demat Account Annual Maintenance Charges | ₹400 | ₹300 |
| Transaction Charges | Monarch Networth Transaction Charges | Trade Smart Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% to 0.1% | ₹15 per executed order or 0.07% depending on the plan |
| Intraday Delivery | 0.05% to 0.03% | ₹15 per executed order or 0.007% depending on the plan |
| Equity Futures | 0.05% to 0.03% | ₹15 per executed order or 0.007% depending on the plan |
| Equity Options | ₹60 to ₹25 per lot | ₹15 or ₹7 per executed order depending on the plan |
| Currency Futures | 0.05% to 0.03% | ₹15 per executed order or 0.007% depending on the plan |
| Currency Options | ₹60 to ₹25 per lot | ₹15 per executed order or 0.007% depending on the plan |
| Commodity | 0.05% to 0.03% | ₹15 per executed order or 0.007% depending on the plan |
| Brokerage Calculator | Networth Capital Brokerage Calculator | Trade Smart Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, & 3 times for Delivery | Intraday upto 30 times |
| Equity Futures | Upto 3 times Intraday | Upto 5 times |
| Equity Options | No Leverage | Upto 5 times |
| Currency Futures | Upto 2 times Intraday | Upto 3 times |
| Currency Options | No Leverage | Upto 3 times |
| Commodities | Upto 3 times Intraday | 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) | MNCL Mobile, N-Easy, N-Swift | NOW, Nest, Spin |
| BSE+NSE Complaints %age | 0.07% | 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 Trade Smart Online Vs Networth Direct for the benefits of other readers?
Please feel free to share in the comments below.
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Trade Smart Online Vs Networth Direct
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