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Marwadi Group vs TradeSmart (Compare Marwadi Group 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 Marwadi Group vs TradeSmart, Below comparison of Marwadi Group 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 Marwadi Group vs TradeSmart is given below:

Marwadi Group

TradeSmart

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	Marwadi Group	TradeSmart

About The Brokers	Marwadi Group : "Marwadi Shares and Finance Limited was established in 1992 under the leadership of Marwadi brothers in the western state of India ‐ Gujarat. The financial compan >>> 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 :	Marwadi Group : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	TradeSmart : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Marwadi Group : Full Service Broker	TradeSmart : Discount Broker
Promo/offers	Marwadi Group : N/A	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	Marwadi Group : Multiple financial products available including IPO investment Multiple brokerage plans available Advance charting and various calculators are available Pan India presence through physical offices and sub-brokers A good number of years of experience in the financial industry as the company was established in 1992 25 years of steady growth	TradeSmart : Rs 15 flat-fee trades. Unlimited Trading Plan to offer. Own DP services Support Offer For Sale(OFS).
Disadvantage	Marwadi Group : They are not transparent when it comes to revealing brokerages No online chat support or email support Majorly limited to Gujarat region	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	Marwadi Group : Strong presence in its birth state ‐ Gujarat. Multiple financial products available. Excel in providing research support through dedicated research cell called "Habit" and other charting facility. Pan India physical presence through sub-brokers/ authorized persons and physical branches Their clients trade through multiple online trading platforms	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.
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Marwadi Group vs TradeSmart Account Opening & AMC Charges

- and TradeSmart Trading Account Opening Fee is Rs 200 . - and TradeSmart Demat Account AMC is Rs 300 .

	Marwadi Group	TradeSmart
Trading Account Opening Fee	Trading Account Opening Fee : -	Trading Account Opening Fee : Rs 200
Demat Account Opening Fee	Demat Account Opening Fee : -	Demat Account Opening Fee : Rs 200
Demat Account AMC	Demat Account AMC : -	Demat Account AMC : Rs 300
Trading Account AMC	Trading Account AMC : -	Trading Account AMC : Rs 0
	Open Account	Open Account

Marwadi Group vs TradeSmart Brokerage Charges

Marwadi Group Brokerage Charges 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 .

	Marwadi Group	TradeSmart
Plan Name	-	Plan Name : Power Plan (₹15/Order)	Plan Name : Value Plan
Equity Delivery	-	Equity Delivery : Rs 15 per order	Equity Delivery : 0.07%
Equity Intraday	-	Equity Intraday : Rs 15 per order	Equity Intraday : 0.007%
Equity Future	-	Equity Future : Rs 15 per order	Equity Future : 0.007%
Equity Options	-	Equity Options : Rs 15 per order	Equity Options : Rs 7 Per Lot
Currency Futures	-	Currency Futures : Rs 15 per order	Currency Futures : 0.007%
Currency Options	-	Currency Options : Rs 15 per order	Currency Options : Rs 7 Per Lot
Monthly Fee	-	Monthly Fee : NA	Monthly Fee : -
Margin Trading	-	Margin Trading : Rs 15	Margin Trading : Rs 15
Commodity Futures	-	Commodity Futures : Rs 15 per order	Commodity Futures : 0.007%
Commodity Options	-	Commodity Options : Rs 15 per order	Commodity Options : Rs 7 Per Lot
	Open Account	Open Account

Marwadi Group vs TradeSmart Exchange Transaction Charges

Marwadi Group Exchange Transaction Charges - and - . TradeSmart Exchange Transaction Charges Equity Future is 0.0024% and Equity Options is 0.0715% .

	Marwadi Group	TradeSmart
Equity Delivery	Equity Delivery : -	Equity Delivery : 0.0035%
Equity Intraday	Equity Intraday : -	Equity Intraday : 0.0035%
Equity Future *	Equity Future : -	Equity Future : 0.0024%
Equity Options *	Equity Options : -	Equity Options : 0.0715%
Currency Futures *	Currency Futures : -	Currency Futures : 0.00165%
Currency Options	Currency Options : -	Currency Options : 0.06%
Commodity	Commodity : -	Commodity : 0.0039%
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Marwadi Group vs TradeSmart Other Charges

Marwadi Group and . TradeSmart Minimum Brokerage is Rs 15 per executed order and Call & Trade is Rs 20 per executed order .

	Marwadi Group	TradeSmart
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : Rs 15 per executed order
Call & Trade	Call & Trade : -	Call & Trade : Rs 20 per executed order
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	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

Marwadi Group vs TradeSmart Features

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

	Marwadi Group	TradeSmart
Trading Platform	Trading Platform : -	Trading Platform : NEST, NOW, Spin
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : -	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : -	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : -	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

Marwadi Group vs TradeSmart Demat Account Charges

A comparative table of various demat account charges between Marwadi Group and TradeSmart is below:

	Marwadi Group	TradeSmart
Depository Service Provider	Depository Service Provider : -	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : -	Account Opening Fee : Rs 500
Advance Deposit	Advance Deposit : -	Advance Deposit : Nil
AMC	AMC : -	AMC : Individual Account: Rs 300 per year Corporate Account: Rs 800 per year
Dematerialisation Charges	Dematerialisation 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 : -	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) : -	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 : -	Pledge Creation Charges : Rs 200 per scrip
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : -	Pledge Invocation Charges : Rs 200 minimum or 0.01% which ever is higher
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Nil
Other Charges	Other Charges : -	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

Marwadi Group vs TradeSmart Basic Details

Marwadi Group and Total Number of Clients is 126599 and . TradeSmart Year of Incorporation is 1994 and Total Number of Clients is 30376 and Total Number of Branches is 1 .

	Marwadi Group	TradeSmart
Year of Incorporation	Year of Incorporation : -	Year of Incorporation : 1994
Active Exchange Memberships	Active Exchange Memberships : -	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : -	Demat Services : No
Website	Website : -	Website : https://tradesmartonline.in/
Contact Details	Contact Details : -	Contact Details : 022 61208000
Total Number of Clients	Total Number of Clients : 126,599	Total Number of Clients : 30,376
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 1
Products *	Products : -	Products : -
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Marwadi Group vs TradeSmart Orders

Orders

	Marwadi Group	TradeSmart
Cover Orders (CO)	Cover Orders (CO) : -	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : -	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : -	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

Marwadi Group vs TradeSmart Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Marwadi Group	TradeSmart
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 : No
	Open Account	Open Account

Marwadi Group vs TradeSmart Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Marwadi Group	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

Marwadi Group vs TradeSmart Product & Services

Marwadi Group 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:

	Marwadi Group	TradeSmart
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : -	Margin Trading : No
Call N Trade *	Call N Trade : -	Call N 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
	Open Account	Open Account

Marwadi Group vs TradeSmart Customer Services

Marwadi Group 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:

	Marwadi Group	TradeSmart
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
	Open Account	Open Account

Marwadi Group vs TradeSmart Other Investement

Marwadi Group 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:

	Marwadi Group	TradeSmart
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
	Open Account	Open Account

Marwadi Group vs TradeSmart Trading Platform

Marwadi Group 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:

	Marwadi Group	TradeSmart
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
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	Open Account	Open Account