TradeSmart Consumer Complaints 2023 | Review, Details and Data
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TradeSmart Consumer Complaints
TradeSmart review is a Mumbai-based online stock broking firm that offers discount brokerage and trading services in stock, commodity and currency trading segments. Trade Smart broker review helps to understand services offered by the broker to its customers.
The commodity traders consumer report of complaints explains the detailed information about the total number of complaints received by the stock exchanges from its customers against TradeSmart. TradeSmart online review report shows the health of the broker or TradeSmart going out of business.
All TradeSmart customer complaints are serious grievances that are against the company which remain unsolved from the broker and the customer. The customer has then filed TradeSmart broker complaints with the National Stock Exchange.
The TradeSmart complaint no. report determines the total number of active clients. This shows the growth of the broker on yearly basis. The major reasons of the complaints are related to the incomplete trade, trading tools, connectivity, or contract note.
TradeSmart Consumer Complaints Yearly Basis
Exchange | Financial Year | Total Complaints | Active Clients |
NSE | 2023-23 | 3 | 39,368 |
NSE | 2023-22 | 4 | 44,826 |
BSE | 2023-21 | 1 | 3,933 |
NSE | 2023-21 | 19 | 36,808 |
NSE | 2019-20 | 6 | 24,999 |
NSE | 2018-19 | 11 | 21,722 |
BSE | 2017-18 | 1 | 5,873 |
NSE | 2017-18 | 12 | 19,469 |
NSE | 2016-17 | 6 | 11,995 |
NSE | 2015-16 | 5 | 9,644 |
NSE | 2014-15 | 7 | 7,542 |
NSE | 2013-14 | 4 | 4,223 |
TradeSmart complaint at NSE
2023-23 | 2023-22 | 2023-21 | |
Active Clients | 39368 | 44826 | 36808 |
Complaints | 3 | 4 | 19 |
Resolved through the exchange | 2 | 2 | 13 |
Non actionable | 0 | 2 | 6 |
Advised / Opted for arbitration | 0 | 0 | 0 |
Pending for redressal with exchange | 1 | 0 | 0 |
No. of arbitration filed by clients |
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Decided by arbitrators in favour of the clients |
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Decided by the arbitrators |
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Pending for redressal with arbitrators |
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TradeSmart complaint at BSE
| 2023-21 | 2017-18 |
Active Clients | 3933 | 5873 |
Complaints | 1 | 1 |
Resolved through the exchange | 1 | 1 |
Non actionable | 0 | 0 |
Advised / Opted for arbitration | 0 | 0 |
Pending for redressal with exchange | 0 | 0 |
No. of arbitration filed by clients | 0 | 0 |
Decided by arbitrators in favour of the clients | 0 | 0 |
Decided by the arbitrators | 0 | 0 |
Pending for redressal with arbitrators | 0 | 0 |
How can a customer make a complaint?
For Trade Smart academy reviews and 0 commission trading platforms you can visit the Trade Smart website and to register complaints against brokerage firms or TradeSmart software complaints or TradeSmart app complaints traders complaints procedure is simple you just need to contact on 02261208000.
Comments for TradeSmart Consumer Complaints 2023 | Review, Details and Data
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.
Yes, through the Trade smart mutual fund online you can invest in SIP also.
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.
Visit the stock broker’s website or mutual fund website to check the mutual fund details and select the best SIP mutual funds.
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.
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.
It takes up to 24 hours except bank holidays.
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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