• Top Stock Brokers in India ‐ Reviews, Comparison and Offers

Trade Smart Online has very a simple pricing structure. They offer maximum for ₹15 for Delivery, Get intraday exposure of upto 30x on Equities, 7x on F&O, 3x on Currency and 6x on Commodities. Upto 4x exposure for Equity delivery. Their brokerage calculator makes it quite easy to calculate charges.

Trade Smart Online Equity Trading Brokerage Plan 2020

  1. Trade Smart Online's Infinity Plan (Unlimited Trading for Flat Montly Fee)
    • Trade Smart Online's ₹3999 Equity Plan - ₹3999 unlimited monthly plan to trade in NSE,BSE Cash and NSE F&O with zero brokerage. Upto 30X leverage in Equity cash and 7X leverage on Future. Intraday trading margins 7x on option writing and 1.33x on option buying
    • Trade Smart Online's ₹3999 Commodity Plan - ₹3999 Applies on commodity trading at MCX and NCDEX for full month. Intraday trading margins upto 6x (For cover order).
    • Trade Smart Online's ₹1999 Currency Plan:Unlimited trading in currency derivatives by opting for the "1999 unlimited currency plan." Intraday trading margins upto 3x.
  2. Trade Smart Online's VALUE PLAN @ 0.007 %
    • Brokerage: Intraday Cash, Futures, Currency, Commodities -> 0.007%, Delivery -> 0.07%, Options ->₹7 per lot
    • Ideal for traders with lesser volume
    • Get intraday exposure of upto 30x on Equities, 7x on F&O, 3x on Currency and 6x onCommodities
    • Margin against shares Learn more
    • No Minimum commitment
  3. Trade Smart Online's Power Plan @15:
Trade Smart Account Opening & AMC Charges

Trade Smart charges ₹200 for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. ₹300 are annual maintenance charges for a demat account and would get deducted from your account even if you have not traded for a year by Trade Smart to maintain your account.

Name Details
Trading Account Opening Fee ₹200
Demat Account Opening Fee ₹200
Demat Account AMC ₹300
Trading Account AMC ₹0
Trade Smart Brokerage Charges

Please find below Trade Smart Brokerage charges in their basic Plan. Trade Smart provides delivery trade at ₹15, Intraday Trade at ₹15, Equity Future Trade at ₹15, and Equity Option Trade at ₹15.

Plan Name Power Plan (₹15/Order)
Equity Delivery ₹15
Equity Intraday ₹15
Equity Future ₹15
Equity Options ₹15
Currency Futures ₹15
Currency Options ₹15
Monthly Fee NA
Margin Trading -
Commodity Futures ₹15
Commodity Options -
Trade Smart Transaction Charges (Per Crore)

The Brokers in India charges Transaction / Turnover charges along with Brokerage on every order executed through the stock exchange. These charges differ by the stock exchange in which you trade and type of trades like delivery, intraday or F&O, etc. Trade Smart Transaction charges are as per the below table:

Name Details
Equity Delivery NSE : 0.00350%, BSE Rs. 1.5 per Trade
Equity Intraday NSE : 0.00350%, BSE Rs. 1.5 per Trade
Equity Future * NSE : 0.0024%, BSE Rs. 1.5 per Trade
Equity Options * NSE : 0.0715%, BSE Rs. 1.5 per Trade
Currency Futures * NSE: 0.00165%
Currency Options NSE: 0.06%
Commodity Non-Agri: 0.0044% | Agri: 0.00175%
Trade Smart Other Charges

A lot of other Charges are getting levied other than brokerage by Trade Smart like minimum brokerage, call & Trade charges, Stamp duty, DP Charges, etc. A list of the same is in the below table.

Name Details
Minimum Brokerage ₹15
Call & Trade Rs 20 per executed order
Stamp Duty * State wise
DP Charges (on sell side) Rs 15 per scrip
Other Miscellaneous Charges -
Trade Smart Demat Account Charges

The charges on Demat account transactions are charged separately and over and above trading Brokerage. Find Trade Smart demat account charges 2020.

Name Details
Depository Service Provider CDSL
Account Opening Fee

₹200

Advance Deposit

Nil

AMC

Individual Account: ₹300 per year

Corporate Account: ₹800 per year

Dematerialisation Charges

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

Rematerialisation Charges

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

Transaction Charges (Credit) -
Transaction Charges (debit)

₹25 minimum or 0.02% which ever is higher. In case of BSDA ₹50 or 0.02% whichever is higher.

Pledge Creation Charges

₹200 per scrip

Pledge Creation Confirmation Charges

Nil

Pledge Invocation Charges

₹200 minimum or 0.01% which ever is higher

Failed Instruction Charges

Nil

Other Charges

Late instruction: 0.1% scrip value

Physical transaction statement: ₹50 per BO statement plus courier charges

Charges Explained

  • Securities / Commodities Transaction Tax : Tax levied by the government when transacting on the stock exchanges. Charged on both buy and sell sides while trading equity delivery. Charged only on the side of sale when trading intraday or on F&O.
  • Transaction/Turnover Charges: Exchange transaction charges + Clearing charges which are charged by NSE, BSE, MCX, and clearing member.
  • Call & Trade : Additional charges of Rs.20 per executed order
  • Stamp Charges : Charged as per the state of the client's correspondence address.
  • GST : Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)
  • SEBI Charges :Charged at Rs.15 per crore by Securities and Exchange Board of India for regulating the markets.
  • DP (Depository participant) charges : DP Charges of Rs.15 per scrip (irrespective of quantity) debited from demat account when stocks are sold.
  • AMC (Annual maintenance charges) :Rs.300/year

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