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TradeSmart Online Account Open Process, Forms and Fees

TradeSmart Track Record Of Best Online Stock Broker In India

  • Life

    4

    Company Rating

  • Life

    350+

    Cities Covered

  • Life

    10K+

    Orders Per Day

  • Life

    8500+ Crore

    Daily Turnover

  • Life

    100000

    Our Client Base

  • Life

    3

    Mobile App Rating

  • Life

    4

    Company Rating

  • Life

    350+

    Cities Covered

  • Life

    10K+

    Orders Per Day

  • Life

    8500+ Crore

    Daily Turnover

  • Life

    100000

    Our Client Base

  • Life

    3

    Mobile App Rating

 
 
 

TradeSmart Account Opening Enquiry

 
 
 
 

TradeSmart Online Account Open Process, Forms and Fees

TradeSmart is an Indian Discount broker house. It is a Mumbai based broker that offers various discount brokerage services in stock, commodity and the currency trading segments. The stock broker is a venture of VNS finance that has a long brokerage service experience of more than 20 years. VNS Finance is one of the traditional brokerage company that was registered at NSE in 1994 to offer its service to the Indian Stock, Currency and Commodity Market. It provides its service online through Franchise and Sub brokers
TradeSmart is a successful online business owner in Indian Stock market. It focuses on providing the best advanced technology with the high-level security in order to provide the best and enhanced trading experience to their customers. It has 75,000+ customers and an average turnover of ₹8500+ crores daily.

TradeSmart Account Opening
In order to avail the services of TradeSmart and gain access to its trading platforms, the customer is required to open a trading and demat account with the stock broker. The company also provides its customer the facility of opening a trading account and link it with the existing demat account, then he won’t be able to sell the shares using the TradeSmart account. It is because the stock broker currently does not offer services for the delivery selling from stocks held with another DP. The customer needs to transfer the securities to be able to sell it by using the TradeSmart Trading Account.

Documents required to open an account in TradeSmart
A certain set of documents is required to open a demat account with TradeSmart. The documents require are listed below:
1. Aadhar Card.
2. PAN Card.
3. Address proof (Driving license, Ration card/ Aadhar card/ Latest telephone bill/ Latest electricity bill).
4. Passport size photograph.
5. Bank account statement of last 6 months.
6. Cancelled cheque with name printed on it.

Procedure to open an account with TradeSmart
There are three ways by which you can open an account with TradeSmart:
1. Online account opening.
2. Offline account opening.
Note - To open an online account, your mobile number and email ID must be linked with you Aadhar Number. If it is not linked, link it first or else go with offline account opening.

Online Account Opening Procedure:
Follow the below steps to open an account in TradeSmart:
1. Visit official website of ‘TradeSmart’.
2. Click on ‘Open an Account’.
3. Fill all required details.
4. Upload scanned copies of required documents.
5. Submit the application.

Offline Account Opening Procedure:
Follow the below steps to open an account in TradeSmart:
1. Visit official website of ‘TradeSmart’.
2. Scroll down and click on ‘Downloads’.
3. Download Account opening form and take its print.
4. Fill the form properly with Black Pen only and sign properly on marked places.
5. Attach hard copies of required self-attested documents.
6. Send filled application from along with documents to the TradeSmart office address.

Account Opening Charges
The customer is required to pay the account opening charges at the time of account opening. The broker also charges an Annual Maintenance Charge (AMC), a yearly fee to maintain the demat account.

Service

Charges

Account Opening Charge (Trading & Demat)

₹400

Trading Account Opening

₹200

AMC Charges (Demat)

₹300

AMC Charges

₹0

 
Benefits of Opening an Account with TradeSmart
1. It has low brokerage and transaction charge.
2. It provides multiple plans to select the one that suits the needs of customer.
3. It carries out quick and efficient transactions.
4. It provides the better customer support to its customers.
5. It provides online, fast and effective trading experience.
6. It provides the maximum margin in Intraday so that customers can make quick decisions without worrying about the funds.
7. It provides various trading platforms so that trading becomes convenient on desktop, browser and mobile and that too for free.

Frequently Asked Questions


CTS refers to the Cheque Truncation System. It is the system in which the flow of physical movement of the cheque will be eliminated in the cheque clearing process.
The member broker internally processes short delivery settlements between its clients rather than exchanging through buy in action.
All the signatures are mandatory as per the rules and regulations of SEBI.
NEST Trader and Fox Trader is the desktop trading platform of TradeSmart.
The payments will be transferred by NEFT or RTGS.
At the end of the day, you will receive an email from the electronic contract note. It will give all the transaction details including the expenses charged.
Yes, they have customer support phone service.
All the exchanges are required to collect the margin money for trading in the derivatives segments as per SEBI Regulations. It is also termed as the Initial Margin.
Office Address A-401, Mangalya, Marol Maroshi Road Andheri East Gamdevi, Marol, Anderi East, Mumbai, MH 400059
The account opening charges are ₹200 for MCX. An additional amount of ₹100 will be applicable in case the form is couriered from our end.
No, there are no minimum turnover commitments. You choose a trading plan most suited to your trading pattern and then you pay as per the plan chosen. There is no minimum turnover required from our side.
It provides two unique brokerage plans. The one is to trade @7 (for lesser volume traders) and the other is trade @ 15 (for big volume traders).
First login to the NEST Trading application, then go to the view order/trade reports. Then view RMS limits under the user options see net available cash balance.
The account opening fees is ₹400 that includes in all the three segments of Equity & F&O, NSE Currency as well as Mutual funds. It also includes the Demat AMC charges for the first year. The account opening fees for the Commodity Segment is ₹200.
It is a 4-digit telephone personal Identification number. It is used to verify the authenticity of the customers to allow instant access to call and trade facility.
Yes, TradeSmart does provide the facility of Algo Trading.
The customers will be informed if there is any shortfall in margin or debit balance, then you can pay that amount to avoid any convenience in trading.
Yes, TradeSmart is a listed company and was incorporated in the year 1994.
No, Tradesmart does not have branches.
Yes, you can place After Market Order with TradeSmart.
Yes, you can choose different pricing plans for Equity and Commodity segment.
If all your documents are proper as per the KYC norms, then it actually takes 3 working days after receiving the account opening form.
You can close your account either by filling the account closing form on the website or by downloading and printing it and then by sending it to the Mumbai Corporate Office address.
Yes, TradeSmart provides the combined ledger for the equity and commodity trading.
In case of the stock market trading do not deal with any foxed return schemes rather it depends on the investment planning and decisions. However, from various part researches and in long-run stock market trading provides an approximate revenue of 15% per year.
In this process the short delivery is settled by the Member broker internally among his clients instead by the exchange through buy-in auction.
No, we do not offer clients to participate in the auction market.
No, its not necessary to appoint a nominee at the time of account opening.
If you are unable to provide the bank statement then provide the self-attested copy of the welcome letter received from the bank that mentions your account number and other details. Make sure the cancelled cheque has your Name, IFSC Code and MICR No. printed on it.

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