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5paisa vs TradeSmart (Compare 5paisa and TradeSmart)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between 5paisa vs TradeSmart, Below comparison of 5paisa vs TradeSmart highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of 5paisa vs TradeSmart is given below:

5paisa TradeSmart
About The Brokers
5paisa :

"Low Brokerage, decent trading platforms, provision of tips & recommendation makes 5 Paisa a player who offers more than the value for money services to his customers.   >>> more

TradeSmart :

"Trade Smart Online makes its mark in the discount trading space by providing clients with multiple options, trading tools and fixed price plans for trading in equity   >>> more

Find More Information about the Broker :
5paisa :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
TradeSmart :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
5paisa :
 Discount Broker
TradeSmart :
 Discount Broker
Promo/offers
5paisa :
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
TradeSmart :
Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.
Advantage
5paisa :
  •   It provides service equivalent to full-service broker though it discount broker.
  •   It is one of the cheapest stock brokers in India and charges brokerage starting from Rs 10 per executed order.
  •   Provide trading facility in Equity & derivatives, Future & Options (F&O) and Currency segments.
  •   Robo Advisory platform to builds a fully customized mutual fund investment portfolio.
  •   One mobile app for all services like trading in equity & derivatives, IPOs, Mutual Funds, and Insurance.
  •   Above average customer service as a perk of its parent company, i.e., IIFL.
  •  Offers free technical, derivative and fundamental research & advice to customers for additional cost.
  • You can choose from Add-on-packs
  • Free trading platform including mobile app, website and desktop trading terminal. No software charges.
TradeSmart :
  •  Rs 15 flat-fee trades.
  •  Unlimited Trading Plan to offer.
  •  Own DP services
  •  Support Offer For Sale(OFS).
Disadvantage
5paisa :
  •   Does not have a physical presence anywhere all over India-No branches.
  •   Does not provide monthly or yearly plans for trading.
  •   Does not provide the facility of trading in commodity
  •  Call & Trade is available at an additional cost of Rs 100 per call in Power Investor Pack. The customer can place any number of trades in one call for Flat Rs 100 fee.
TradeSmart :
  •  No support for NRI trading.
  •  Does not facility to invest in IPO.
  •  Does not provide facility to invest in Mutual Funds, Bonds.
  •  No in-house research
Why This
5paisa :
  •   It is one of the renowned stockbrokers who provide broking service to its clients at a nominal rate.
  •   5 Paisa offers broking service, opportunity to invest in mutual funds, insurance facility, and various other financial products to diversify your portfolio.
  •   All trading platform of 5 paisa.com has an excellent user interface.
  •   High-quality investment advice from an experienced research team is leveraging from the parent stock broking company India Infoline."
TradeSmart :
  •  Wide range of plans to select from depending on your trading requirements. Choose from
    •  Flat Rs 15 per order
    •  0.007% for intraday
    •  Monthly unlimited trading plans
  •  Pay when you use, if not trading in any month then no monthly charges.
  •  Provide one of the highest intraday exposures in the industry so you can have the freedom to make big decisions without having to worry about limited funds
  •  2 decades of Experience
  •  Trading tools like Span Calculator, Bracket Orders & Trailing Stop loss.
  •  Team of 100+ provide support over phone, email and chat to thousands of customers
  •  Can change brokerage plans, flexibility in changing brokerage plans.
  •  Lowest transaction charges i.e Turnover/Clearing charges.
  •  Own DP service.
Open Account Open Account

5paisa vs TradeSmart Account Opening & AMC Charges

5paisa Trading Account Opening Fee is Rs 0 (Free) and TradeSmart Trading Account Opening Fee is Rs 200 . 5paisa Demat Account AMC is Rs 300 and TradeSmart Demat Account AMC is Rs 300 .

5paisa TradeSmart
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 200

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Rs 200

Demat Account AMC Demat Account AMC :

Rs 300

Demat Account AMC :

Rs 300

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

Rs 0

Open Account Open Account

5paisa vs TradeSmart Brokerage Charges

5paisa Brokerage Charges Equity Delivery is Rs 20 per executed order and Equity Intraday is Rs 20 per executed order and Equity Options is Rs 20 per executed order . TradeSmart Brokerage Charges Equity Delivery is Rs 15 per order and Equity Intraday is Rs 15 per order and Equity Options is Rs 15 per order .

5paisa TradeSmart
Plan Name Plan Name :

Basic Plan

Plan Name :

Power Investor Pack

Plan Name :

Ultra Trader Pack

Plan Name :

Power Plan (₹15/Order)

Plan Name :

Value Plan

Equity Delivery Equity Delivery :

Rs 20 per executed order

Equity Delivery :

Rs 10 per executed order

Equity Delivery :

Rs 10 per executed order

Equity Delivery :

Rs 15 per order

Equity Delivery :

0.07%

Equity Intraday Equity Intraday :

Rs 20 per executed order

Equity Intraday :

Rs 10 per executed order

Equity Intraday :

Rs 10 per executed order

Equity Intraday :

Rs 15 per order

Equity Intraday :

0.007%

Equity Future Equity Future :

Rs 20 per executed order

Equity Future :

Rs 10 per executed order

Equity Future :

Rs 10 per executed order

Equity Future :

Rs 15 per order

Equity Future :

0.007%

Equity Options Equity Options :

Rs 20 per executed order

Equity Options :

Rs 10 per executed order

Equity Options :

Rs 10 per executed order

Equity Options :

Rs 15 per order

Equity Options :

Rs 7 Per Lot

Currency Futures Currency Futures :

Rs 20 per executed order

Currency Futures :

Rs 10 per executed order

Currency Futures :

Rs 10 per executed order

Currency Futures :

Rs 15 per order

Currency Futures :

0.007%

Currency Options Currency Options :

Rs 20 per executed order

Currency Options :

Rs 10 per executed order

Currency Options :

Rs 10 per executed order

Currency Options :

Rs 15 per order

Currency Options :

Rs 7 Per Lot

Monthly Fee Monthly Fee :

NA

Monthly Fee :

Rs 599 per month

Monthly Fee :

Rs 1199 per month

Monthly Fee :

NA

Monthly Fee :

Margin Trading Margin Trading :

0.05%

Margin Trading :

0.05%

Margin Trading :

0.05%

Margin Trading :

Rs 15

Margin Trading :

Rs 15

Commodity Futures Commodity Futures :

Rs 20 per executed order

Commodity Futures :

Rs 10 per executed order

Commodity Futures :

Rs 10 per executed order

Commodity Futures :

Rs 15 per order

Commodity Futures :

0.007%

Commodity Options Commodity Options :

Rs 20 per executed order

Commodity Options :

Rs 10 per executed order

Commodity Options :

Rs 10 per executed order

Commodity Options :

Rs 15 per order

Commodity Options :

Rs 7 Per Lot

Open Account Open Account

5paisa vs TradeSmart Exchange Transaction Charges

5paisa Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 0 and Equity Options is NSE Rs 5300 per Cr (0.053%) (on premium) . TradeSmart Exchange Transaction Charges Equity Future is 0.0024% and Equity Options is 0.0715% .

5paisa TradeSmart
Equity Delivery Equity Delivery :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)

Equity Delivery :

0.0035%

Equity Intraday Equity Intraday :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)

Equity Intraday :

0.0035%

Equity Future * Equity Future :

NSE Rs 200 per Cr (0.002%) | BSE Rs 0

Equity Future :

0.0024%

Equity Options * Equity Options :

NSE Rs 5300 per Cr (0.053%) (on premium)

Equity Options :

0.0715%

Currency Futures * Currency Futures :

NSE Rs 90 per Cr (0.0009%)

Currency Futures :

0.00165%

Currency Options Currency Options :

NSE Rs 3500 per Cr (0.035%) (on premium)

Currency Options :

0.06%

Commodity Commodity :

Grp A: 0.0026%

Commodity :

0.0039%

Open Account Open Account

5paisa vs TradeSmart Other Charges

5paisa Minimum Brokerage is Rs 20 per trade and Call & Trade is Rs 100 per call (any number of trades in a call) . TradeSmart Minimum Brokerage is Rs 15 per executed order and Call & Trade is Rs 20 per executed order .

5paisa TradeSmart
Minimum Brokerage Minimum Brokerage :

Rs 20 per trade

Minimum Brokerage :

Rs 15 per executed order

Call & Trade Call & Trade :

Rs 100 per call (any number of trades in a call)

Call & Trade :

Rs 20 per executed order

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹12.5 per transaction per script

DP Charges (on sell side) :

Rs 15 per scrip

Other Miscellaneous Charges Other Miscellaneous Charges :

Other Miscellaneous Charges :

Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order

Open Account Open Account

5paisa vs TradeSmart Features

5paisa and TradeSmart both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

5paisa TradeSmart
Trading Platform Trading Platform :

5paisa Trade Station (Web, Mobile App and EXE)

Trading Platform :

NEST, NOW, Spin

Placing orders through charts Placing orders through charts :

Yes

Placing orders through charts :

Yes

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

1

Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives :

Yes

Detailed Education Initiatives :

Yes

Unique features & Offers Unique features & Offers :

Unique features & Offers :

Referral Program Referral Program :

1

Referral Program :

1

Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) :

Yes

Open Account Open Account

5paisa vs TradeSmart Demat Account Charges

A comparative table of various demat account charges between 5paisa and TradeSmart is below:

5paisa TradeSmart
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Rs 0 (Free)

Account Opening Fee :

Rs 500

Advance Deposit Advance Deposit :

Nil

Advance Deposit :

Nil

AMC AMC :

Rs 300 per year

AMC :

  1. Individual Account: Rs 300 per year
  2. Corporate Account: Rs 800 per year

Dematerialisation Charges Dematerialisation Charges :

Rs 15 per certificate + Rs 40 as postal charges

Dematerialisation Charges :

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

Rematerialisation Charges Rematerialisation Charges :

Rs 15 per certificate or Rs 15 for every 100 securities or part thereof whichever is higher + Rs 40 for courier

Rematerialisation Charges :

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

Transaction Charges (Credit) Transaction Charges (Credit) :

Transaction Charges (Credit) :

Transaction Charges (debit) Transaction Charges (debit) :

Rs 12.50 per transaction per script

Transaction Charges (debit) :

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

Pledge Creation Charges Pledge Creation Charges :

  • Rs 12.50 per scrip for Margin pledge.
  • Rs 25.00 per scrip for MTF.
  • Rs 50.00 per scrip for Normal pledging charges (Loan Against Shares)

Pledge Creation Charges :

Rs 200 per scrip

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Nil

Pledge Creation Confirmation Charges :

Nil

Pledge Invocation Charges Pledge Invocation Charges :

Nil

Pledge Invocation Charges :

Rs 200 minimum or 0.01% which ever is higher

Failed Instruction Charges Failed Instruction Charges :

Nil

Failed Instruction Charges :

Nil

Other Charges Other Charges :

Postal Charges: Rs 40

Other Charges :

  • Late instruction: 0.1% scrip value
  • Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges
  • Physical transaction statement: Rs 50 per BO statement plus courier charges
  • Cheque dishonour charges: Rs 200 per instance
  • Offmarket transfer (DP): Rs 25 plus service tax
  • Inter DP transfer: Rs 25 plus service tax
  • KRA Modification: Rs 35 plus service tax

Open Account Open Account

5paisa vs TradeSmart Basic Details

5paisa Year of Incorporation is 1996 and Total Number of Clients is 495066 and Total Number of Branches is 1 . TradeSmart Year of Incorporation is 1994 and Total Number of Clients is 30376 and Total Number of Branches is 1 .

5paisa TradeSmart
Year of Incorporation Year of Incorporation :

1996

Year of Incorporation :

1994

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships :

BSE, NSE, MCX

Demat Services Demat Services :

Yes

Demat Services :

No

Website Website : www.5paisa.com Website : https://tradesmartonline.in/
Contact Details Contact Details :

+918976689766

Contact Details :

022 61208000

Total Number of Clients Total Number of Clients :

495,066

Total Number of Clients :

30,376

Total Number of Branches Total Number of Branches :

1

Total Number of Branches :

1

Products * Products :

5Paisa Mobile app, 5paisa trade station, 5paisa trade terminal

Products : -
Open Account Open Account

5paisa vs TradeSmart Orders

Orders

5paisa TradeSmart
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) :

Yes

After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

No

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

Yes

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

5paisa vs TradeSmart Research and Advice / Trading Tips

Research and Advice / Trading Tips

5paisa TradeSmart
Equity Trading Recommendation * Equity Trading Recommendation :

Yes

Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation :

Yes

Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile :

No

Comparison * Comparison :

No

Comparison :

No

Free Tips * Free Tips :

No

Free Tips :

No

Daily Market report * Daily Market report :

No

Daily Market report :

No

ETF research * ETF research :

No

ETF research :

No

Quarterly Results * Quarterly Results :

No

Quarterly Results :

No

Open Account Open Account

5paisa vs TradeSmart Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

5paisa TradeSmart
Availability for franchisee / AP Availability for franchisee / AP : - Availability for franchisee / AP : -
Investment required for Franchisee / AP Investment required for Franchisee / AP : - Investment required for Franchisee / AP : -
Open Account Open Account

5paisa vs TradeSmart Product & Services

5paisa and TradeSmart both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

5paisa TradeSmart
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

No

Call in Trade * Call in Trade :

Rs 100 Per call

Call in Trade :

Yes

Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges :

Yes

Limit Order * Limit Order :

Yes

Limit Order :

No

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

No

NRI Services :

No

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

No

Offers Multiple Plan * Offers Multiple Plan :

Yes

Offers Multiple Plan :

Yes

IPO Investment * IPO Investment :

Yes

IPO Investment :

No

Portfolio Analysis * Portfolio Analysis :

Yes

Portfolio Analysis :

No

Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator :

Yes

Margin Calculator :

No

Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

Yes

Bracket Orders & Trailing Stop Loss :

Yes

Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading :

Yes

Currency Future & Option Trading :

Yes

Market Trading * Market Trading :

Yes

Market Trading :

No

Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan :

Yes

Aumtomated Trading * Aumtomated Trading :

Yes

Aumtomated Trading :

No

Open Account Open Account

5paisa vs TradeSmart Customer Services

5paisa and TradeSmart both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

5paisa TradeSmart
Toll Free Number * Toll Free Number :

No

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

No

Live Chat Facility :

Yes

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

No

Branch Offices :

No

Customer Care * Customer Care :

No

Customer Care :

No

Community Service * Community Service :

No

Community Service :

No

Relationship Manager * Relationship Manager :

No

Relationship Manager : -
24/7 Support * 24/7 Support :

No

24/7 Support :

No

Open Account Open Account

5paisa vs TradeSmart Other Investement

5paisa and TradeSmart both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

5paisa TradeSmart
Commodity Trading * Commodity Trading :

Yes

Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds :

No

Investment in Bonds * Investment in Bonds :

No

Investment in Bonds :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

No

Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services :

Yes

Insurance Services :

No

Banking Services * Banking Services :

No

Banking Services :

No

Open Account Open Account

5paisa vs TradeSmart Trading Platform

5paisa and TradeSmart both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

5paisa TradeSmart
Web Platform * Web Platform :

Yes

Web Platform :

Yes

Android Mobile App * Android Mobile App :

Yes

Android Mobile App :

Yes

Desktop Windows * Desktop Windows :

Yes

Desktop Windows :

Yes

Desktop Mac * Desktop Mac :

No

Desktop Mac :

No

I-Pad App * I-Pad App :

No

I-Pad App :

No

Virtual Trading * Virtual Trading :

Yes

Virtual Trading : -
iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

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