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Comparision (Flattrade VS Trade Smart)

 

Flattrade Vs Trade Smart

Flattrade
Flattrade Capital Services Review 2021 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.

Flattrade Vs Trade Smart - Broker Details

Flattrade Trade Smart
Single Margin Facility
Year of Incorporation 2004 1994
Exchanges BSE, NSE and MCX BSE, NSE and MCX.
Branches 5 Zero
Brokerage Rs.20 per executed order Rs.15 per executed order or 0.07%
Broker Type Discount Broker Discount Broker
Enquiry with Flattrade   Open Account Enquiry with Trade Smart   Open Account

Flattrade Vs Trade Smart - Account Opening & AMC Charges

Flattrade Trade Smart
Trading Account Opening Charge Rs.0 (Free) Rs.200
Demat Account Opening Charge Rs.0 (Free) Rs.200
Demat Account AMC Rs.0 (Free) Rs.300
Trading Account AMC Rs.0 (Free) Rs.0 (Free)
Enquiry with Flattrade   Open Account Enquiry with Trade Smart   Open Account

Flattrade Vs Trade Smart - Brokerage charges & Plans

Flattrade Trade Smart
Commodity Futures ₹10 per executed order 0.007% or Rs.15 per executed order
Currency Futures ₹10 per executed order 0.007% or Rs.15 per executed order
Equity Delivery Nil 0.07% or Rs.15 per executed order
Equity Options ₹10 per executed order Rs.15 per executed order
Commodity Options ₹10 per executed order Rs.15 per executed order
Equity Futures ₹10 per executed order 0.007% or Rs.15 per executed order
Currency Options ₹10 per executed order Rs.15 per executed order
Fixed Charges ₹10 per executed order Rs.15 per executed order
Equity Intraday ₹10 per executed order 0.007% or Rs.15 per executed order
Enquiry with Flattrade   Open Account Enquiry with Trade Smart   Open Account

Flattrade Vs Trade Smart - Other Charges

Flattrade Trade Smart
RMS Square Off Charge - Rs.20 per executed order
API Charges Does not provide API API key Rs.0(free)
Call & Trade Charges Rs.50 or 0.01% of trade value per executed order Rs.20 per executed order + brokerage commission.
Other Brokerage Charges Rs.20 per executed order Rs.15 per executed order.
Minimum Brokerage Rs.20 per executed order Rs.15 per executed order.
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Flattrade Vs Trade Smart - Transaction Charges

Flattrade Trade Smart
Currency Options NSE: 0.035% BSE: 0.001% 0.06%
Equity Futures 0.0020% 0.0024%
Equity Intraday NSE: 0.00345% (For Nifty 50, Nifty It); BSE 0.03% NSE: 0.00275% (Other than Nifty 50 & Nifty It) 0.0035%
Equity Options 0.053% (On prem) 0.0715%
Commodity 0.0026%; 0.0013% (FAR MONTH CONTRACT) 0.0039%
Currency Futures NSE: 0.0009% BSE: 0.00022% 0.00165%
Equity Delivery 0.00325%NSE: 0.00345 (For Nifty 50, Nifty IT) BSE: 0.003% NSE: 0.00275% (Other than Nifty 50 and Nifty IT) 0.0035%
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Flattrade Vs Trade Smart - Margin (Exposure)

Flattrade Trade Smart
Equity Options Up to 2 times
Equity Intraday Up to 20X Up to 20 times
Currency Options Up to 2 times
Commodity Options Up to 2 times
Commodity Futures Up to 4 times Up to 3 times
Equity Delivery 1x (no margin) 1x (no margin)
Currency Futures 1.5 times
Equity Futures Up to 4 times 4 times
Enquiry with Flattrade   Open Account Enquiry with Trade Smart   Open Account

Flattrade Vs Trade Smart - Features

Flattrade Trade Smart
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM 3.10pm
Trading Platform NEST, NSE NOW, Fortune Trading Mobile App 1. SINE, 2. Swing, 3. SWING API, 4. BOX, 5. TradeSmart MF, 6. Dart Stock, 7. Fox Trader, 8. Nest Trader
SMS Alerts for Trades
Direct Mutual Fund
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Flattrade Vs Trade Smart - Review & Rating

Flattrade Trade Smart
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Tradesmart is rated 3.7 of 5
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Flattrade Vs Trade Smart - Request a call back from Broker

Flattrade Trade Smart
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Flattrade Vs Trade Smart - Investment Options

Flattrade Trade Smart
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Flattrade Vs Trade Smart - Order Type

Flattrade Trade Smart
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Flattrade Vs Trade Smart - Research & Report

Flattrade Trade Smart
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Flattrade Vs Trade Smart - Daily Market Report

Flattrade Trade Smart
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Flattrade Vs Trade Smart - Suitable For Investor

Flattrade Trade Smart
Casual Investor
Active Investor
Trader
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Flattrade Vs Trade Smart - Pros & Cons

Flattrade Trade Smart
Pros 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. • It provides the unique brokerage plans designed to meet the needs of the customers. • It provides margin up to 30 times in NSE cash and 7 times in Equity futures and Options selling through BO & CO. • The Bracket Order and Cover Order are available on mobile app. It is available in the Equity Derivative segment, NSE cash and the Commodity futures. • It provides complete flexibility to switch from one brokerage plan to other depending upon the strategy. • The transaction charges are among the lowest in the Stock broker industry. • It provides excellent customer service. • It provides 10% credit of the brokerage that are generated by the clients referred by them. It also has fantastic partner program with higher sharing. • The stock broker does not require any minimal amount to open an account. • It provides Cover Orders are available for the traders. • It facilitates its customers with the Mutual Funds and Offer for Sale (OFS) and Margin against shares. • It provides advanced trading tools to make trading easy and fluent.
Cons 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. • The call and trade are charged at an additional cost of ₹20 per trade. • It allows Intraday positions (MIS, CO and BO) squared off by the RMS team is charged at ₹20 per trader. • It does not provide the facility of 3-in-1 account, Portfolio Management Service (PMS), tips and research report and an online IPO.
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Flattrade Vs Trade Smart - Background

Flattrade Trade Smart
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Flattrade Vs Trade Smart - Compare All Brokers

Flattrade Trade Smart
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Flattrade Vs Trade Smart - Account Opening & AMC Charges

Flattrade
Trade Smart
Trading Account Opening Charge
Rs.0 (Free)
Rs.200
Demat Account Opening Charge
Rs.0 (Free)
Rs.200
Demat Account AMC
Rs.0 (Free)
Rs.300
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)

Flattrade Vs Trade Smart

Flattrade Trade Smart
 

Flattrade Trading NRI Account Review

Flattrade Trading is no longer offering NRI trading and demat account. Only Indian residents can open demat accounts with Flattrade Trading. If any NRI wish to open demat account with Flattrade Trading for trading purpose, they must have Indian residence proofs and Indian bank account.

+ " Vs "+ Trade Smart

TradeSmart NRI Account Opening, Charges, Services Review

Tradesmart is no longer offering NRI trading and demat account. Only Indian residents can open demat accounts with TradeSmart. If any NRI wish to Read more..
 
 

Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.

Flattrade Vs Trade Smart - Brokerage charges & Plans

Flattrade Trade Smart
Commodity Futures ₹10 per executed order 0.007% or Rs.15 per executed order
Currency Futures ₹10 per executed order 0.007% or Rs.15 per executed order
Equity Delivery Nil 0.07% or Rs.15 per executed order
Equity Options ₹10 per executed order Rs.15 per executed order
Commodity Options ₹10 per executed order Rs.15 per executed order
Equity Futures ₹10 per executed order 0.007% or Rs.15 per executed order
Currency Options ₹10 per executed order Rs.15 per executed order
Fixed Charges ₹10 per executed order Rs.15 per executed order
Equity Intraday ₹10 per executed order 0.007% or Rs.15 per executed order
Enquiry with Flattrade   Open Account Enquiry with Trade Smart   Open Account

Flattrade Vs Trade Smart - Margin (Exposure)

Flattrade Trade Smart
Equity Options Up to 2 times
Equity Intraday Up to 20X Up to 20 times
Currency Options Up to 2 times
Commodity Options Up to 2 times
Commodity Futures Up to 4 times Up to 3 times
Equity Delivery 1x (no margin) 1x (no margin)
Currency Futures 1.5 times
Equity Futures Up to 4 times 4 times
Enquiry with Flattrade   Open Account Enquiry with Trade Smart   Open Account

Flattrade Vs Trade Smart - Other Charges

Flattrade Trade Smart
RMS Square Off Charge - Rs.20 per executed order
API Charges Does not provide API API key Rs.0(free)
Call & Trade Charges Rs.50 or 0.01% of trade value per executed order Rs.20 per executed order + brokerage commission.
Other Brokerage Charges Rs.20 per executed order Rs.15 per executed order.
Minimum Brokerage Rs.20 per executed order Rs.15 per executed order.
Enquiry with Flattrade   Open Account Enquiry with Trade Smart   Open Account

Flattrade Vs Trade Smart - Features

Flattrade Trade Smart
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM 3.10pm
Trading Platform NEST, NSE NOW, Fortune Trading Mobile App 1. SINE, 2. Swing, 3. SWING API, 4. BOX, 5. TradeSmart MF, 6. Dart Stock, 7. Fox Trader, 8. Nest Trader
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Flattrade   Open Account Enquiry with Trade Smart   Open Account