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Upstox Vs Trade Smart Online
| | Broker Comparison, Trading | No Comments
Upstox 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.
Upstox Vs Trade Smart Online Comparison
Here is a point by point comparison of Upstox Vs Trade Smart Online.
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 charge a fixed amount at the transaction level and are independent of the size of the transaction.
On the other hand, Upstox is a discount broker as well launched by 3 co-founders in 2012. Today, Upstox does a daily turnover of ₹5000 Crore with a customer base of around 20,000. The firm has been backed up by some of the prominent names such as Ratan Tata, Kalaari Capital and GVK Davix.
It can become very difficult to decide between two discount brokers who are almost similar in their propositions but still are different in areas that can make or break for customers.
Thus, to make things easy for you, we have listed out the comparison between Upstox (or RKSV) 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
Upstox Vs Trade Smart Online Details
Generally, above-mentioned aspects are good enough to make a decision based on your preference 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 | Upstox Review | |
| OVERVIEW | ||
| Incorporated In the Year | 1994 | 2012 |
| Number of branches across India | 1 | 3 |
| Exchanges | NSE, BSE, MCX, MCX-SX and NCDEX | NSE, BSE, MCX and MCX – SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹200 | ₹250 (₹350 if RKSV couriers the form) |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹200 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹300 | ₹0 |
| Transaction Charges | Trade Smart Online Transaction Charges | Upstox Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed order or 0.07% depending on the plan | ₹0 |
| Intraday Delivery | ₹15 per executed order or 0.007% depending on the plan | ₹20 per executed order |
| Equity Futures | ₹15 per executed order or 0.007% depending on the plan | ₹20 per executed order |
| Equity Options | ₹15 or ₹7 per executed order depending on the plan | ₹20 per executed order |
| Currency Futures | ₹15 per executed order or 0.007% depending on the plan | ₹20 per executed order |
| Currency Options | ₹15 per executed order or 0.007% depending on the plan | ₹20 per executed order |
| Commodity | ₹15 per executed order or 0.007% depending on the plan | ₹20 per executed order |
| Brokerage Calculator | Trade Smart Online Brokerage Calculator | Upstox Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 30 times | Upto 20 times Intraday |
| Equity Futures | Upto 5 times | Upto 4 times for Intraday |
| Equity Options | Upto 5 times | Upto 4 times for Intraday |
| Currency Futures | Upto 3 times | Upto 4 times for Intraday |
| Currency Options | Upto 3 times | Upto 4 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 | NEST, Upstox, Upstox Pro |
| Total BSE+NSE Complaints in 2016 | 14 | 14 |
| OVERALL RATING |  |  |
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
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 Upstox Vs Trade Smart Online for the benefits of other readers?
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Upstox Vs Trade Smart Online
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