Fyers vs Trade Smart (Compare Fyers vs Trade Smart)

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 Fyers vs Trade Smart, Below comparison of Fyers vs Trade Smart 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.

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One on One comparison of Fyers vs Trade Smart is given below:

Fyers

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Trade Smart

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	Fyers	Trade Smart

About The Brokers	Fyers : "FYERS is the revolutionary name in the stockbroker industry who has bought crisp technology and smooth trading platform along with the concept of thematic investment" >>> more	Trade Smart : "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 :	Fyers : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Trade Smart : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Fyers : Discount Broker	Trade Smart : Discount Broker
Promo/offers	Fyers : Special Offer: Free equity delivery trade for Lifetime + Flat ₹20 Intra-day and F&O trades. Get the offer	Trade Smart : N/A
Advantage	Fyers : Rs 20 flat-fee trades. Investment in Mutual funds High Performance Trading platforms Fyers do not charge trading and demat account opening fees. They provide unique portfolio investment for new entrants in the market called thematic investing at Rs 100 per theme.	Trade Smart : Rs 15 flat-fee trades. Unlimited Trading Plan to offer. Own DP services Support Offer For Sale(OFS).
Disadvantage	Fyers : No team of experts for market research. They are registered only with NSE. They do not provide DP service No Commodity trading	Trade Smart : 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	Fyers : They Charge Flat brokerage of ₹20/- per executed order. In-depth research and provide relevant data for decision making. No proprietary trading. Pure brokerage firm. The distinguishing feature of Fyers- "Thematic investing". Technological advance online trading platforms are provided to its customers. They have customer support above average, and referral programmes are also worth investing your valuable time. Provide various researching tools like Margin, Brokerage, brokerage comparison calculator, option strategy.	Trade Smart : 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.

Fyers vs Trade Smart Account Opening & AMC Charges

Fyers Trading Account Opening Fee is ₹0 (Free) and Trade Smart Trading Account Opening Fee is ₹200 . Fyers Demat Account AMC is ₹300 and Trade Smart Demat Account AMC is ₹300 .

	Fyers	Trade Smart
Trading Account Opening Fee	Trading Account Opening Fee : ₹0 (Free)	Trading Account Opening Fee : ₹200
Demat Account Opening Fee	Demat Account Opening Fee : ₹0 (Free)	Demat Account Opening Fee : ₹200
Demat Account AMC	Demat Account AMC : ₹300	Demat Account AMC : ₹300
Trading Account AMC	Trading Account AMC : ₹0 (Free)	Trading Account AMC : ₹0

Fyers vs Trade Smart Brokerage Charges

Fyers Brokerage Charges Equity Delivery is ₹0 (Free) and Equity Intraday is ₹20 per executed order or .03% whichever is lower and Equity Options is ₹20 per executed order . Trade Smart Brokerage Charges Equity Delivery is ₹15 and Equity Intraday is ₹15 and Equity Options is ₹15 .

	Fyers	Trade Smart
Plan Name	Plan Name : Fyers	Plan Name : Power Plan (₹15/Order)
Equity Delivery	Equity Delivery : ₹0 (Free)	Equity Delivery : ₹15
Equity Intraday	Equity Intraday : ₹20 per executed order or .03% whichever is lower	Equity Intraday : ₹15
Equity Future	Equity Future : ₹20 per executed order or .03% whichever is lower	Equity Future : ₹15
Equity Options	Equity Options : ₹20 per executed order	Equity Options : ₹15
Currency Futures	Currency Futures : ₹20 per executed order or .03% whichever is lower	Currency Futures : ₹15
Currency Options	Currency Options : ₹20 per executed order	Currency Options : ₹15
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading :	Margin Trading : -
Commodity Futures	Commodity Futures : ₹20 per executed order or .03% whichever is lower	Commodity Futures : ₹15
Commodity Options	Commodity Options : ₹20 per executed order	Commodity Options : -

Fyers vs Trade Smart Transaction Charges (Per Crore)

Fyers Transaction Charges (Per Crore) Equity Future is ₹240 per Cr (0.0024%) and Equity Options is ₹5900 per Cr (on premium) (0.059%) . Trade Smart Transaction Charges (Per Crore) Equity Future is NSE : 0.0024%, BSE Rs. 1.5 per Trade and Equity Options is NSE : 0.0715%, BSE Rs. 1.5 per Trade .

	Fyers	Trade Smart
Equity Delivery	Equity Delivery : ₹325 per Cr (0.00325%)	Equity Delivery : NSE : 0.00350%, BSE Rs. 1.5 per Trade
Equity Intraday	Equity Intraday : ₹325 per Cr (0.00325%)	Equity Intraday : NSE : 0.00350%, BSE Rs. 1.5 per Trade
Equity Future *	Equity Future : ₹240 per Cr (0.0024%)	Equity Future : NSE : 0.0024%, BSE Rs. 1.5 per Trade
Equity Options *	Equity Options : ₹5900 per Cr (on premium) (0.059%)	Equity Options : NSE : 0.0715%, BSE Rs. 1.5 per Trade
Currency Futures *	Currency Futures : ₹240 per Cr (0.0024%)	Currency Futures : NSE: 0.00165%
Currency Options	Currency Options : ₹5900 per Cr (on premium) (0.059%)	Currency Options : NSE: 0.06%
Commodity	Commodity : NA	Commodity : Non-Agri: 0.0044% \| Agri: 0.00175%

Fyers vs Trade Smart Other Charges

Fyers Minimum Brokerage is Intra-day: ₹7 or 2.5% whichever is lower and Call & Trade is ₹20 per trade . Trade Smart Minimum Brokerage is ₹15 and Call & Trade is Rs 20 per executed order .

	Fyers	Trade Smart
Minimum Brokerage	Minimum Brokerage : Intra-day: ₹7 or 2.5% whichever is lower	Minimum Brokerage : ₹15
Call & Trade	Call & Trade : ₹20 per trade	Call & Trade : Rs 20 per executed order
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : State wise
DP Charges (on sell side)	DP Charges (on sell side) : ₹20 per scrip	DP Charges (on sell side) : Rs 15 per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)	Other Miscellaneous Charges : -

Fyers vs Trade Smart Features

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

	Fyers	Trade Smart
Trading Platform	Trading Platform : FYERS One Desktop, Mobile and Web Platform	Trading Platform : NEST Trader, Sine web, mobile app, NOW
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 : 0	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : 30 Day Challenge, Thematic Investing	Unique features & Offers : -
Referral Program	Referral Program : 1	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) :	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) :	Margin Against Shares (Equity F&O) : Yes

Fyers vs Trade Smart Demat Account Charges

A comparative table of various demat account charges between Fyers and Trade Smart is below:

	Fyers	Trade Smart
Depository Service Provider	Depository Service Provider : CDSL & NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹400 (Free)	Account Opening Fee : ₹200
Advance Deposit	Advance Deposit : NIL	Advance Deposit : Nil
AMC	AMC : ₹0 (Free)	AMC : Individual Account: ₹300 per year Corporate Account: ₹800 per year
Dematerialisation Charges	Dematerialisation Charges : ₹2 per certificate + ₹35 courier charges	Dematerialisation Charges : ₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.
Rematerialisation Charges	Rematerialisation Charges : ₹25+ ₹35 courier charges	Rematerialisation Charges : ₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : ₹10 + ₹5.50 flat for every debit transaction	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	Pledge Creation Charges : 0.05% of the transaction value subject to a minimum of ₹50 and a maximum of ₹250	Pledge Creation Charges : ₹200 per scrip
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : 0.02% of the transaction value subject to a minimum of ₹50 + depository charges at actually	Pledge Invocation Charges : ₹200 minimum or 0.01% which ever is higher
Failed Instruction Charges	Failed Instruction Charges : ₹30 per transaction	Failed Instruction Charges : Nil
Other Charges	Other Charges : Adhoc / Non Periodic Statement Requests: Rs 25 per request (up to 10 pages). Additional page at Rs 5 + Rs 35 (Couier Charges)	Other Charges : Late instruction: 0.1% scrip value Physical transaction statement: ₹50 per BO statement plus courier charges

Fyers vs Trade Smart Basic Details

Fyers Year of Incorporation is 2015 and Total Number of Clients is 7,099 and Total Number of Branches is 0 . Trade Smart Year of Incorporation is 1994 and Total Number of Clients is 22,000+ and .

	Fyers	Trade Smart
Year of Incorporation	Year of Incorporation : 2015	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 : CDSL
Website	Website : http://fyers.in/	Website : https://tradesmartonline.in/
Contact Details	Contact Details : 080-46251111	Contact Details : 022 61208000
Total Number of Clients	Total Number of Clients : 7,099	Total Number of Clients : 22,000+
Total Number of Branches	Total Number of Branches : 0	Total Number of Branches : -
Products *	Products : -	Products : -

Fyers vs Trade Smart Charts and Data

Fyers and Trade Smart both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	Fyers	Trade Smart
Live data source	Live data source : NSE, BSE, MCX	Live data source : NSE, BSE
Advanced Charting tools	Advanced Charting tools : Yes	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : Yes	Multi-Chart Setup : Yes
No.of indicators	No.of indicators : 70+	No.of indicators : 85+
No.of charts can be opened	No.of charts can be opened : 8	No.of charts can be opened : 11
Live Scanners	Live Scanners : Yes	Live Scanners : Yes
Customizable screeners	Customizable screeners : Yes	Customizable screeners : -
Trading from charts	Trading from charts : Yes	Trading from charts : Yes
Compare Symbol performance on Chart	Compare Symbol performance on Chart : Yes	Compare Symbol performance on Chart : -
Options charts	Options charts : Yes	Options charts : -
Continuous futures charts	Continuous futures charts : Yes	Continuous futures charts : -
Intraday historical data for charts	Intraday historical data for charts : 9+ months	Intraday historical data for charts : Yes
End of Day historical data for charts	End of Day historical data for charts : 20+ years	End of Day historical data for charts : Yes
Corporate action adjusted charts	Corporate action adjusted charts : Yes	Corporate action adjusted charts : Yes
Back Testing	Back Testing : No	Back Testing : Yes
Options Chain	Options Chain : Yes	Options Chain : Yes
Heat Maps	Heat Maps : Yes	Heat Maps : Yes
Analytics	Analytics : Yes	Analytics : Yes
Price Ladder	Price Ladder : Yes	Price Ladder : -

Fyers vs Trade Smart Leverage

Leverage

	Fyers	Trade Smart
Equity Delivery	Equity Delivery : 1 times	Equity Delivery : -
Equity Intraday	Equity Intraday : Up to 16x (based on the stock)	Equity Intraday : -
Equity Futures	Equity Futures : Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Equity Futures : -
Equity Options	Equity Options : Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x	Equity Options : -
Currency Futures	Currency Futures : Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Currency Futures : -
Currency Options	Currency Options : Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)	Currency Options : -
Commodity Futures	Commodity Futures : NA	Commodity Futures : -
Commodity Options	Commodity Options :	Commodity Options : -

Fyers vs Trade Smart Orders

Orders

	Fyers	Trade Smart
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) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes

Fyers vs Trade Smart Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Fyers	Trade Smart
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : No
Comparison *	Comparison : -	Comparison : No
Free Tips *	Free Tips : -	Free Tips : No
Daily Market report *	Daily Market report : -	Daily Market report : No
ETF research *	ETF research : -	ETF research : No
Quarterly Results *	Quarterly Results : -	Quarterly Results : Yes

Fyers vs Trade Smart Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Fyers	Trade Smart
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.10,000	Investment required for Franchisee / AP : -

Fyers vs Trade Smart Product & Services

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

	Fyers	Trade Smart
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : -	Margin Trading : No
Call in Trade *	Call in Trade : -	Call in Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : -	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : -	Limit Order : No
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : -	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : -	NRI Services : No
SMS Alerts *	SMS Alerts : -	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : -	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : -	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : -	Portfolio Analysis : No
Advanced Charting Features *	Advanced Charting Features : -	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : -	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : -	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : -	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : -	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : -	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : -	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : -	Market Trading : No
Monthly & Yearly Plan *	Monthly & Yearly Plan : -	Monthly & Yearly Plan : Yes
Aumtomated Trading *	Aumtomated Trading : -	Aumtomated Trading : No

Fyers vs Trade Smart Customer Services

Fyers and Trade Smart 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:

	Fyers	Trade Smart
Toll Free Number *	Toll Free Number : -	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : -	Live Chat Facility : Yes
Email Facility *	Email Facility : -	Email Facility : Yes
Branch Offices *	Branch Offices : -	Branch Offices : No
Customer Care *	Customer Care : -	Customer Care : No
Community Service *	Community Service : -	Community Service : No
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : -	24/7 Support : No

Fyers vs Trade Smart Other Investement

Fyers and Trade Smart 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:

	Fyers	Trade Smart
Commodity Trading *	Commodity Trading : -	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : -	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : -	Investment in Mutual Funds : No
Investment in Bonds *	Investment in Bonds : -	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : -	Insurance Services : No
Banking Services *	Banking Services : -	Banking Services : No

Fyers vs Trade Smart Trading PlatForm

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

	Fyers	Trade Smart
Web Platform *	Web Platform : -	Web Platform : Yes
Android Mobile App *	Android Mobile App : -	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : -	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : -	Desktop Mac : No
I-Pad App *	I-Pad App : -	I-Pad App : No
Virtual Trading *	Virtual Trading : -	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : Yes

Fyers vs Trade Smart Company Information

	Fyers	Trade Smart
Financials *	Financials : -	Financials : No
News *	News :	News : No
Company Analysis *	Company Analysis : -	Company Analysis : No
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