Trade Smart Online is in the industry for more than 20 years now and it has provided investors with a new way to trade with its different services, and products most importantly they have plenty of trading platforms for investors which are hardly offered by any other firm.
This Trade Smart Online Review is going to be around all those trading platforms, products, and services offered by the firm and brokerage charges, and many more details about the firm that you would like to know in order to start investing using their services.
|Trade Smart Online Highlights|
|Broker Type||Discount Broker|
|Demat Account AMC||Rs.250 per Annum|
|Margin Required||Zero Margin|
|Intraday Brokerage||Rs.15 per Executed Order|
|Delivery Brokerage||Rs.15 per Executed Order|
What do you know about Trade Smart Online?
To start the Trade Smart Online Review we will talk a little about the history of Trade Smart Online and its journey. The firm started in the year 1999 in Bangalore and now it is having its base in the city while it has spread across the country.
The founder of the firm Mr. Vijay Singhania started this firm as a discount broker and thus it is one of the oldest discount brokerage houses in the country. This private firm started its journey and soon created a space for itself in the market amongst the traders because of its different approach to trading.
|About Trade Smart Online|
|Know a few details about Trade Smart Online|
|Which type of Company is it? – Public / Private||Private|
|Which type of Broker is it? – Full Service / Discount||Discount Broker|
|Where is the registered office of the Company Located?||Bangalore, Karnataka|
|Who is the Founder of this Company?||Vijay Singhania|
|When did the company start?||1999|
Open Demat Account Now – Fill up the Form Below
What are the various Demat Account Opening Charges levied by Trade Smart Online?
The Trade Smart Online Demat Account is linked to the CDSL and NSDL which are the two depositories we have in the country. The Trade Smart Online Account Opening charges are nominal as you can see in the given table above.
You have to pay only Rs. 400 which is the average account opening charge in the industry. The maintenance charge for the Demat is quite low if compared to other brokers at Rs. 250 only and for the trading account, there is no such charge. So, you have less expense in opening and maintaining your accounts.
Furthermore, there is no margin requirement for the firm. You can keep as little or as much as you want in the trading account. It is completely at your discretion.
|Trade Smart Online Demat Account Opening Fees|
|Check out the various fees charged for Opening a Demat Account with Trade Smart Online|
|Which is the Depository Participant involved?||CDSL & NSDL|
|What are the Demat account opening charges?||Rs.400|
|How much is the Demat AMC?||Rs.250 per Annum|
|What is the Trading AMC?||Free|
|What is the initial Margin amount required?||Zero Margin|
|Is dematerialization available?||No|
Find out the Brokerage Charges of other stock brokers
|Acumen Capital||Lfs Broking||Eureka Securities||Shcil Services|
|Aditya Birla Money||Lkp Securities||Exclusive Securities||Shree Bahubali|
|Adroit Financial||Maheshwari Financial Services||Fair Intermediate Investments||Shree Kanha Stock|
Does Trade Smart Online provide any Offers to their Clients?
Trade Smart Online Offers include a free trading account and its maintenance which is more or less common with all the brokers in India. The lucrative offers are discounts that are offered by the firm on the brokerage you generate.
Yes, there are various discounts to reduce your burden on the brokerage. Not only there are discounts on the brokerage but also there are flexible brokerage plans. To put a cherry on top, you have referral programs to participate in as well. You can refer prospective clients to the firm and earn cash or gift vouchers.
|Trade Smart Online Offers|
|Here are the various offers provided by them|
|Does the broker provide a Free Demat A/C offer?||No|
|Does the broker provide Free Trading A/C offer?||Yes|
|Is this broker offers a Discount on Brokerage?||Yes|
|Does the broker offer Happy hour trading to their clients?||No|
|Is the broking house provides a flexible brokerage plan?||Yes|
|Does the broker offer 1-month Free brokerage?||No|
|Are the Holiday offers provided by the broker?||No|
|Are there any referral offers shared by the broker?||Yes|
|Zero Brokerage for Loss-Making Trades||No|
What are the Brokerage Charges levied by Trade Smart Online on various Segments?
If you want to trade for one of the firm that charges the lowest brokerage in the country then this would be the destination. Trade Smart Online Brokerage Charges are fixed at Rs. 15 per order which is one of the lowest in the industry.
And it charges the same brokerage across all the segments and for any volume of transaction. Whether you trade one share or in bulk, you just have to pay Rs. 15 per order.
|Trade Smart Online Brokerage Charges|
|Here you will find details of brokerage levied by them on all segments|
|What are the Equity Delivery Charges?||Rs.15 per Executed Order|
|What are the Equity Intraday Charges?||Rs.15 per Executed Order|
|How much brokerage charged for Commodity Trading?||Rs.15 per Executed Order|
|What is the brokerage on Equity Futures?||Rs.15 per Executed Order|
|How much brokerage charged for Equity Options?||Rs.15 per Executed Order|
|What is the brokerage on Currency Futures?||Rs.15 per Executed Order|
|What is the brokerage on Currency Options?||Rs.15 per Executed Order|
|How much is the Minimum Brokerage required?||Rs.15|
|What is the Demat AMC?||Rs.250 per Annum|
|How much is the Trading AMC?||Free|
|What is the Minimum Margin Required?||Zero Margin|
Does Trade Smart Online levy any other charges apart from Brokerage?
Trade Smart Online Charges besides the brokerage charges are the statutory charges which one has to pay without giving a miss. However, these charges are comparatively different from many other brokerage houses.
As you can see the STT charge is a little lower than other brokers and the SEBI charge is a little higher than other brokers. However, that is nothing unique about this firm as there are also other firms that have the same charges.
The transaction charge is pretty much average as per the industry. And GST is obviously the same across all the brokerage houses so you cannot compare on the basis of that.
|Trade Smart Online Charges|
|Get a deep understanding of all other charges levied by them|
|How much are the Transaction Charges levied?||0.00300% of Total Turnover|
|What are the STT charges?||0.0113% of Total Turnover|
|What are the SEBI Turnover charges?||0.0007% of Total Turnover|
|How much is the Stamp Duty levied?||Depends on State (very minimal)|
|How is the GST charged?||18% of (Brokerage + Transaction Charges)|
Get all charges of various stock brokers
|Alankit Assignments||Lse Securities||Fairwealth Securities||Ski Capital|
|Ambalal Shares Stocks||Mandot Securities||Farsight Securities||Skung Tradelink|
|Anugrah Stock||Mangal Keshav Securities||Fast Capital Markets||Spfl Securities|
What is the Limit or Exposure offered by Trade Smart Online?
The minimum Trade Smart Online Margin requirement is not there but the firm provides exponential Trade Smart Online Exposure to the traders. Especially to the intraday traders, the firm provides up to a whopping 30 times leverage which is hardly even expected from a discount broker in the industry.
Accordingly, the other segments also get a good amount of leverage compared to the other brokers in the industry.
|Trade Smart Online Exposure or Leverage|
|Here you will find the exposure or limit provided by them|
|How much is the limit on Equity Delivery?||Upto 2X|
|What is the limit on Equity Intraday?||Upto 30X|
|How much is the limit on Equity Futures?||Upto 7X|
|What is the limit on Equity Options?||Upto 7X|
|What is the exposure on Currency Futures?||Upto 5X|
|How much is the leverage on Currency Options?||Upto 5X|
|What is the limit on Commodity Trading?||Upto 6X|
How to Open Trade Smart Demat & Trading Account?
To Open Trade Smart Online Demat Account you have to –
- Click on the link below which you take you to a form that you have to fill duly.
- Submit the form once you make sure all the details are correct
- Then you have to upload the documents like PAN, AADHAAR, bank statements, and others as asked on the website.
- Upload the scanned copies of the documents
- Submit them and you will get a call from the Trade Smart Online executives.
- They will verify your details and guide you through the remaining process.
- Once all the steps are done and your account application is verified and your documents are verified, you will get your account details – login credentials.
So, with this article, it is easy to Open Trade Smart Online Trading Account and Demat account with Trade Smart Online.
Open Demat Account Now – Fill up the Form Below
What are the various Trading Platforms provided by Trade Smart Online?
The Trade Smart Online Trading Platforms are in abundance. This firm has multiple trading platforms for different devices. There are two Trade Smart Online Trading Terminal and web-trading platforms with one Trade Smart Online Mobile App.
Trade Smart Online Trading Terminal: Trade Smart Online Nest & Fox Trader
The trading terminals offered by Trade Smart Online come in two different software. One is NEST that most people know about and another one is Fox Trader which is one of the latest Algo trading platforms. The clients of Trade Smart can use both terminals as per their requirements.
Trade Smart Online Mobile App: Trade Smart Online Sine App
The mobile trading platform offered by Trade Smart Online (SINE) is an intuitive application that allows you to trade anywhere possible with an internet connection.
It is available on the Google Play store for Android Users and the for iPhone users, you can get the application on App Store. It is regarded as one of the most intelligent trading applications that has been developed in the industry.
Trade Smart Online Web Trading: Trade Smart Online Sine Web
Finally, the web-trading platforms which are offered by the firm also come in two variations. You can use the NEST platform or the SINE WEB for your online browsing needs. Both are super responsive and easy to handle.
|Trade Smart Online Trading Platforms|
|Here you will find all the important trading platforms available to them|
|Do they have Trading Terminals for Windows?||Yes|
|Do they have Trading Terminals for Mac?||Yes|
|Are they providing a Web Trading Platforms?||Yes|
|Do they have a Mobile Web Platform?||Yes|
|Does this broker provide Mobile Trading App for Android?||Yes|
|Does this broker provide Mobile Trading App for iOS?||Yes|
|Are they having Mobile App for Windows OS?||No|
|Do they have Mobile Trading App for Other OS?||No|
What are the features available in Trade Smart Online Trading Applications?
Trade Smart Online Trading Terminal has 2 different terminals, here are features for both.
Trade Smart Online NEST Trading Terminal Features
- It has a high-performance level which is a must for intraday traders. The speed and responsiveness of the platform are quite good.
- It supports multiple market watches, you can set them according to your preferences.
- There are various charts and other risk analysis tools for both technical and fundamental analysis
- It has a variety of alerts that can be set to keep you informed about the moves in the market and stock prices
The Trade Smart Online Fox Trader Trading Terminal Features
- It has a trend scanner which is used for analyzing the overall market trend. It helps in the technical analysis of the stocks and market.
- The watch list of the Fox trader is fully customizable. It is also up to you how many market watch lists you want to create. You can add as much stock as you want and also remove them if you are no more interested in them.
- Risk Management tools are in abundance on this platform. Since it is a new-age Algo trading platform, it has advanced risk management tools. It has automated tools that help in trading a lot especially when it comes to saving you from losses from market downturns.
- There are also various technical indicators that you can use for technical analysis and understanding price movements.
Trade Smart Online Trading App – SINE
- It has the facility to trade across various segments. Using your mobile, you can trade across segments on different exchanges like currency, commodities, and others.
- SINE offers various strategies to trade options and you can use your mobile only for implementing those strategies when you are not in front of the terminal.
- The App offers market scanners on the SINE Mobile application and you can scan those stocks you want to track and the rest get removed.
- There are technical indicators like Moving Average, Bollinger Bands, MACD, and others to give you a fair idea about the price movements.
- The App has more than twenty-eight banks that are connected and you can transfer funds using any bank of these.
- Also, there are a variety of charts and index watches, es, and many other features to keep your trading experience up to the mark.
The broking house provides 2 types of Web Trading Platforms. Here are their features.
The Trade Smart Online NEST Web Trading Platform Features
- It has a responsive interface which helps in fast-order placement
- There are multiple market watch facilities and you can personalize them
- It has various technical and fundamental analysis resources and tools
- You get to see all the real-time prices, data, and news updates
Trade Smart Online SINE WEB Trading Platform Features
- There are scanners for stocks and you can use them to identify the stocks automatically and set them on the market watch for you as per your trading preferences. You do not have to scroll the long list and choose and customize yourself.
- It also offers options strategies, such as covered call strategy – both for bullish and bearish markets and other options strategies to help you in your trades of derivatives
- One can also find advanced indicators for technical analysis as you have seen in the mobile application like Moving Avg and others
- There are a variety of orders that you can place – cover orders and others.
- It offers a dashboard that is quite responsive and has various quick links
- Corporate action details and other research reports are available.
|Trade Smart Online Trading Application Features|
|Here you will find various features available in Trading Platforms provided by them|
|Are these platforms capable of Real-time Updates?||Yes|
|Do these Applications provide Portfolio Details?||Yes|
|Is this software providing Online MF Buy?||Yes|
|Do these platforms have News Flash?||Yes|
|Are these platforms providing Research Reports?||No|
|Are these platforms Easy to Install & use?||Yes|
|Do these Apps have Global Indices?||Yes|
|Are these platforms having Stock Tips?||Yes|
|Does this software provide Personalized Advisory?||No|
|Are these platforms capable of Interactive charting?||Yes|
|Do these Apps provide Live Markets data?||Yes|
|Do they provide SMS Alerts?||No|
|Are they providing Email Alerts?||Yes|
|Do these platforms have a Multi-Account Management solution?||No|
Get detailed features of another Share Broker
|Anvil Share Stock Broking||Mansukh Securities||Findoc Investmart||Sri Shirdi Capital|
|Almondz Global Securities||Manubhai Mangaldas||Finvasia||Ss Corporate|
|Arcadia Share||Marfatia Stock Broking||Fortune Trading||Ssj Finance|
What are the various Products provided by Trade Smart Online?
Trade Smart Online Products covers all the investment products that you can trade starting from equities to mutual funds. The firm also offers SIP investment instruments. Since it is not a banking organization, there are no banking products and forex products.
|Trade Smart Online Products|
|Here are the various products provided by them|
|Does the broker allow Equity Trading?||Yes|
|Does the broker allow Commodity Trading?||Yes|
|Do they have Currency Trading products available?||Yes|
|Do they provide Options trading?||Yes|
|Are the clients allowed to trade in Futures?||Yes|
|Do they have Mutual Funds as a product?||Yes|
|Does the broker allow Forex trading?||No|
|Does the broker have Banking products?||No|
|Is SIP allowed by the broker?||Yes|
|Do they have Insurance as a Product?||No|
What are the various Services offered by Trade Smart Online?
Trade Smart Online Services range from Demat to margin trading services. It provides all the basic services that are offered by any discount broker.
However, its main attraction is the margin trading feature and as discussed above, it provides up to 30 times exposure which is really noteworthy.
|Trade Smart Online Services|
|Check out the various services provided by them|
|Does the broking house provide Demat Services?||Yes|
|Does the broking house provide Trading Services?||Yes|
|Do they have 3 in 1 Account i.e. Demat, Trading & Savings A/C?||No|
|Do they provide Intraday Services?||Yes|
|Are they offering IPO Services to the client?||Yes|
|Do they have Stock Recommendations available?||No|
|Are they providing tools for Robo Advisory?||No|
|Does the broker provide PMS?||No|
|Do they have Trading Institution available?||No|
|What is the Trading Exposure this broker provides?||Upto 30X|
Does Trade Smart Online provide Research & Advisory to their clients?
The firm is a discount broker and they are not bound to provide any research services. However, you can avail of Trade Smart Online Research like research reports from the firm.
Then they also provide stock recommendations, Trade Smart Online Tips, and top picks for the day which is really unique as a discount broker, and on to surprise you more, they provide weekly reports too. However, there are no Trade Smart Online Advisory.
|Trade Smart Online Research, Advisory & Stock Tips|
|Here are the various research activities done by them|
|Does the broker share Fundamental Reports?||No|
|Does the broker share Research Reports?||Yes|
|Do they provide Company Reports to their clients?||No|
|Are they analyzing the Annual Reports of Companies?||No|
|Do they share Company Stock Reviews?||No|
|Are they sharing Free Stock Tips with their clients?||Yes|
|Do they analyze & share IPO Reports?||No|
|Does the broking company provide Top Picks?||Yes|
|Are they sharing Daily Market Review?||No|
|Do they have Monthly Reports?||No|
|Does the broker provide Weekly Reports?||Yes|
|Are they having Offline Advisory?||No|
|Do they provide Relationship Managers to clients?||No|
What are the Customer Care details of Trade Smart Online?
Trade Smart Online Customer Care is not that well developed and it needs improvements for sure. As you can see in the above table it only provides a solution for online trading. However, they are available online for you all the time to assist you in your trading needs.
|Trade Smart Online Customer Support|
|Let’s have a better understanding of Customer Care Service|
|Are they providing Dedicated dealers to their clients?||No|
|Do they allow Offline Trading?||No|
|Do they have facilities for Online Trading?||Yes|
|Are they providing 24*7 Support?||Yes|
|Does this broker provide Email Support?||No|
|Is this broker having Chat Support?||No|
|How many Branches the stock broker has?||Zero|
Are there any Complaints filed against Trade Smart Online by their clients?
The number of Trade Smart Online Complaints registered last year is as per the table above. So, if you take a close view of the table, you can realize that the firm has efficiently handled the complaints and resolved them within the same year only.
There were comparatively lesser complaints about this firm as compared to other firms. If compared to the active client base, then the number of complaints is quite minimal.
|Trade Smart Online Complaints|
|Here you will learn about the Complaints lodged against them|
|What is the total number of Complaints Lodged in BSE?||56|
|How many of these complaints have been Resolved in BSE?||53|
|What is the total number of Complaints Lodged in NSE?||75|
|How many of these complaints have been Resolved in NSE?||73|
What are the Advantages / Benefits of a Trade Smart Trading Account?
The advantages of trading with Trade Smart Online Trading Account are –
- You pay the lowest possible brokerage in the industry.
- You get 5 different types of trading platforms which are rare to find with any other brokerage house in the industry
- They provide exponential exposure of 30 times which is rare for a discount broker
- Being a discount broker, they provide stock tips, weekly and other research reports
What are the Trade Smart Online Review & Ratings as per their Customer?
The Trade Smart Online Rating depicts the customers are more or less happy with the services of the firm and also with the brokerage charges. The Trade Smart Online Review by the clients suggests that they are mainly satisfied with the variety of trading platforms.
The overall experience of the customers is good as per the ratings however they can be improved.
|Trade Smart Online Ratings & Reviews|
|We are looking at Companies’ Ratings on various parameters|
|Stock Market Research & Broking Advisory||6.6 / 10|
|Brokerage & other Charges like – Turnover, Transaction Charges, etc.||6.4 / 10|
|Types of Products & Services the Brand provides||6.8 / 10|
|Performance Mobile App, Trading Terminal & Web Trading Platform||6.6 / 10|
|Experience in the Broking Business||6.7 / 10|
|Total Avg. Rating of Broking House||6.6 / 10|
|Star Rating is given to Stock Broker||★★★☆☆|
|Number of People Contributed to These Ratings||273|
Trade Smart Conclusion
Trade Smart Online gives you a trading facility at nominal charges. This kind of low charge is hardly found in the industry and that too when you are getting so many facilities like 5 kinds of trading platforms and some research services as well.
With this Trade Smart Online Review, we hope to answer all your questions regarding Trade Smart Online.
Open Demat Account Now – Fill up the Form Below