Saturday, November 26, 2022

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

  • Trade Smart available with 2 different brokerage plans for traders and investors.
  • Transaction charges are very nominal in compare to peers.
  • No joining/opening Fees
  • Trade Smart provide margin facilities against securities.

Cons

  • Extra charges applicable for call and trade
  • Auto square off charges are high
  • No research reports and portfolio management services facility
  • Application platform for IPO is not available.

Additional Features

Extra features provided by the broker at little or no extra cost.

 3 in 1 Account

 Free Trading Call

 Fee Research Report

SMS Alerts

 Margin Funding

Margin Against Share

More Investment Options

Services provided by the broker for investing in other financial assets.

 Mutual Funds

 IPO

 Bond and Debt Assets

ETFs

Insurance