Trade Smart
Trade Smart is a discounted broker dealing in different segments like stock, commodity, and currency trading. TradeSmart offers trading platforms in BSE, NSE Cash , F&O, Currency, Commodities.
Product Basket
The segments in which you can invest through this broker
Equity
Options
Currency
Futures
Commodity
Trading Platforms
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, Full Platform Details.
Sine Mobile App
Sine Web
Swing Trading App
Charges
Account Opening Charges – Free
Account Maintenance Charges – ₹300
Call and Trade – ₹20
Brokerage Charges
Equity Delivery – ₹15
Equity Intraday – ₹15
Equity Futures – ₹15
Equity Options – ₹15
Currency Futures – ₹15
Currency Options – ₹15
Commodity Futures – ₹15
Commodity Options – ₹15
Margins
Equity Delivery – 1x
Equity Intraday – 30x
Equity Futures – 7x
Equity Options – 7x
Currency Futures – 3x
Currency Options – 0x
Commodity Futures – 6x
Commodity Options – 0x
Pros
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Trade Smart available with 2 different brokerage plans for traders and investors.
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Transaction charges are very nominal in compare to peers.
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No joining/opening Fees
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Trade Smart provide margin facilities against securities.
Cons
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Extra charges applicable for call and trade
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Auto square off charges are high
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No research reports and portfolio management services facility
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Application platform for IPO is not available.
3 in 1 Account