• Top Stock Brokers in India ‐ Reviews, Comparison and Offers
Check reviews of other Share brokers

TradeSmart vs Upstox (Compare TradeSmart and Upstox)

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 TradeSmart vs Upstox, Below comparison of TradeSmart vs Upstox 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 TradeSmart vs Upstox is given below:

TradeSmart Upstox
About The Brokers
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

Upstox :

"Founded in 2009, Upstox is one of the reliable stock trading brokers with low brokerage and excellent facilities. Two young successful entrepreneurs who opened the co   >>> more

Find More Information about the Broker :
TradeSmart :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Upstox :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
TradeSmart :
 Discount Broker
Upstox :
 Discount Broker
Promo/offers
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.
Upstox :
Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
Advantage
TradeSmart :
  •  Rs 15 flat-fee trades.
  •  Unlimited Trading Plan to offer.
  •  Own DP services
  •  Support Offer For Sale(OFS).
Upstox :
  • No Brokerage on Mutual funds.
  • DEMAT AMC free for Life
  • Low cost Brokerage
  • Self-directed, easy to use online learning for all levels
  • Easy to get started with Aadhar based signup
  • Good Brokerage & Margin Calculator
  • Unlike other low-cost brokers, RKSV offer a variety of affordable pricing plans so that you can choose the plan best suited for you
Disadvantage
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
Upstox :
  • No margin funding
  • Does not provide Tips & recommendation
  • Turnover charges on futures and options is higher than competitors
  • Upstox doesn't offer unlimited monthly trading plans.
  • Doesn't offer research based services.
  • Charges on Funds Transfer @ ₹7 per fund transfer.
Why This
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.
Upstox :
  • Upstox offers zero brokerage on equity mutual fund Investment and a mere ₹20 per transaction on Equity Delivery, intraday and F&O trades.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.
  • Trailing-Stop/Stop-Loss (SL) is available in both web and mobile.
  • Zero Demat AMC, Free demat account for life.
  • Offers NRI trading.
  • Offers Mutual Fund Investment, SIP Investement.
  • Upstox is backed by top investors with the likes of Ratan Tata, Kalaari Capital & GVK Davix
  • Upstox offers the best of technology to traders. The Upstox Platform on mobile and web is one of the best platforms for the Indian stock market.
Open Account Open Account

TradeSmart vs Upstox Account Opening & AMC Charges

TradeSmart Trading Account Opening Fee is Rs 200 and Upstox Trading Account Opening Fee is Rs 0 (Free) . TradeSmart Demat Account AMC is Rs 300 and Upstox Demat Account AMC is Rs 150 .

TradeSmart Upstox
Trading Account Opening Fee Trading Account Opening Fee :

Rs 200

Trading Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee Demat Account Opening Fee :

Rs 200

Demat Account Opening Fee :

Rs 0 (Free)

Demat Account AMC Demat Account AMC :

Rs 300

Demat Account AMC :

Rs 150

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0 (Free)

Open Account Open Account

TradeSmart vs Upstox 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 . Upstox Brokerage Charges Equity Delivery is Rs 20 per executed order or 2.5% whichever is low and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order .

TradeSmart Upstox
Plan Name Plan Name :

Power Plan (₹15/Order)

Plan Name :

Value Plan

Plan Name :

Basic Plan

Equity Delivery Equity Delivery :

Rs 15 per order

Equity Delivery :

0.07%

Equity Delivery :

Rs 20 per executed order or 2.5% whichever is low

Equity Intraday Equity Intraday :

Rs 15 per order

Equity Intraday :

0.007%

Equity Intraday :

Rs 20 per executed order or 0.05% whichever is lower

Equity Future Equity Future :

Rs 15 per order

Equity Future :

0.007%

Equity Future :

Rs 20 per executed order or 0.05% whichever is lower

Equity Options Equity Options :

Rs 15 per order

Equity Options :

Rs 7 Per Lot

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

Rs 15 per order

Currency Futures :

0.007%

Currency Futures :

Rs 20 per executed order or 0.05% whichever is lower

Currency Options Currency Options :

Rs 15 per order

Currency Options :

Rs 7 Per Lot

Currency Options :

Rs 20 per executed order

Monthly Fee Monthly Fee :

NA

Monthly Fee : - Monthly Fee :

NA

Margin Trading Margin Trading :

Rs 15

Margin Trading :

Rs 15

Margin Trading : -
Commodity Futures Commodity Futures :

Rs 15 per order

Commodity Futures :

0.007%

Commodity Futures :

Rs 20 per executed order or 0.05% whichever is lower

Commodity Options Commodity Options :

Rs 15 per order

Commodity Options :

Rs 7 Per Lot

Commodity Options :

Rs 20 per executed order

Open Account Open Account

TradeSmart vs Upstox Exchange Transaction Charges

TradeSmart Exchange Transaction Charges Equity Future is 0.0024% and Equity Options is 0.0715% . Upstox Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) .

TradeSmart Upstox
Equity Delivery Equity Delivery :

0.0035%

Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Intraday Equity Intraday :

0.0035%

Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Future * Equity Future :

0.0024%

Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

Equity Options * Equity Options :

0.0715%

Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium)

Currency Futures * Currency Futures :

0.00165%

Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)

Currency Options Currency Options :

0.06%

Currency Options :

NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)

Commodity Commodity :

0.0039%

Commodity :

Group A - Rs 290 per Cr (0.0029%)

Open Account Open Account

TradeSmart vs Upstox Other Charges

TradeSmart Minimum Brokerage is Rs 15 per executed order and Call & Trade is Rs 20 per executed order . Upstox Minimum Brokerage is 0.05% and Call & Trade is Rs 20 per trade .

TradeSmart Upstox
Minimum Brokerage Minimum Brokerage :

Rs 15 per executed order

Minimum Brokerage :

0.05%

Call & Trade Call & Trade :

Rs 20 per executed order

Call & Trade :

Rs 20 per trade

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

Rs 15 per scrip

DP Charges (on sell side) :

₹13 plus ₹5.50 (CDSL charges) per scrip.

Other Miscellaneous Charges Other Miscellaneous Charges :

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

Other Miscellaneous Charges :

Auto Square-off Charges: Rs 50

Open Account Open Account

TradeSmart vs Upstox Features

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

TradeSmart Upstox
Trading Platform Trading Platform :

NEST, NOW, Spin

Trading Platform :

Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola

Placing orders through charts Placing orders through charts :

Yes

Placing orders through charts : -
Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

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

No

Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives :

Yes

Detailed Education Initiatives :

No

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) :

No

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

Yes

Margin Against Shares (Equity F&O) :

Yes

Open Account Open Account

TradeSmart vs Upstox Demat Account Charges

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

TradeSmart Upstox
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Rs 500

Account Opening Fee :

Rs 249

Advance Deposit Advance Deposit :

Nil

Advance Deposit :

Nil

AMC AMC :

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

AMC :

Rs 150

Dematerialisation Charges Dematerialisation Charges :

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

Dematerialisation Charges :

Rs 2.00 per certificate plus courier charges of Rs 35 per demat request

Rematerialisation Charges Rematerialisation Charges :

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

Rematerialisation Charges :

Rs 25 per certificate or 0.05% of the value whichever is higher.

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
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.

Transaction Charges (debit) :

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

Pledge Creation Charges Pledge Creation Charges :

Rs 200 per scrip

Pledge Creation Charges :

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Nil

Pledge Creation Confirmation Charges :

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

Pledge Invocation Charges Pledge Invocation Charges :

Rs 200 minimum or 0.01% which ever is higher

Pledge Invocation Charges :

0.05% of the transaction charges subject to a minimum of Rs 50

Failed Instruction Charges Failed Instruction Charges :

Nil

Failed Instruction Charges :

Rs 50 per transaction

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

Other Charges :

  1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
  2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
  3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

Open Account Open Account

TradeSmart vs Upstox Basic Details

TradeSmart Year of Incorporation is 1994 and Total Number of Clients is 30376 and Total Number of Branches is 1 . Upstox Year of Incorporation is 2012 and Total Number of Clients is 2501173 and Total Number of Branches is 4 .

TradeSmart Upstox
Year of Incorporation Year of Incorporation :

1994

Year of Incorporation :

2012

Active Exchange Memberships Active Exchange Memberships :

BSE, NSE, MCX

Active Exchange Memberships :

BSE, NSE, MCX

Demat Services Demat Services :

No

Demat Services :

No

Website Website : https://tradesmartonline.in/ Website : www.upstox.com
Contact Details Contact Details :

022 61208000

Contact Details :

+91-22-6130-9999

Total Number of Clients Total Number of Clients :

30,376

Total Number of Clients :

2,501,173

Total Number of Branches Total Number of Branches :

1

Total Number of Branches :

4

Products * Products : - Products :

Upstox Pro Web,Upstox Pro Mobile, Nest Desktop.

Open Account Open Account

TradeSmart vs Upstox Orders

Orders

TradeSmart Upstox
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) :

No

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

Yes

After Market Orders (AMO) :

Yes

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

No

Buy Today Sell Tomorrow (BTST) :

No

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

No

Sell Today Buy Tomorrow (STBT) :

No

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

Yes

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

TradeSmart vs Upstox Research and Advice / Trading Tips

Research and Advice / Trading Tips

TradeSmart Upstox
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation :

No

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

TradeSmart vs Upstox Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

TradeSmart Upstox
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

TradeSmart vs Upstox Product & Services

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

TradeSmart Upstox
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

No

Margin Trading :

Yes

Call N Trade * Call N Trade :

Yes

Call N Trade :

Yes

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

Yes

Trading in Both the exchanges :

Yes

Limit Order * Limit Order :

No

Limit Order :

Yes

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 :

No

SMS Alerts :

No

Offers Multiple Plan * Offers Multiple Plan :

Yes

Offers Multiple Plan :

No

IPO Investment * IPO Investment :

No

IPO Investment :

No

Portfolio Analysis * Portfolio Analysis :

No

Portfolio Analysis :

Yes

Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator :

No

Margin Calculator :

Yes

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 :

No

Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan :

Yes

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading :

No

Open Account Open Account

TradeSmart vs Upstox Customer Services

TradeSmart and Upstox 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:

TradeSmart Upstox
Toll Free Number * Toll Free Number :

No

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

Yes

Live Chat Facility :

Yes

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

No

Branch Offices :

Yes

Customer Care * Customer Care :

No

Customer Care :

Yes

Community Service * Community Service :

No

Community Service :

Yes

Relationship Manager * Relationship Manager : - Relationship Manager :

No

24/7 Support * 24/7 Support :

No

24/7 Support :

No

Open Account Open Account

TradeSmart vs Upstox Other Investement

TradeSmart and Upstox 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:

TradeSmart Upstox
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 :

No

Investment in Mutual Funds :

Yes

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 :

No

Insurance Services :

No

Banking Services * Banking Services :

No

Banking Services :

No

Open Account Open Account

TradeSmart vs Upstox Trading Platform

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

TradeSmart Upstox
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 :

Yes

Virtual Trading * Virtual Trading : - Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

Contact Now
Open Account Open Account

User Reviews

Post New Message
0  Comments
- - -   Compare More Brokers   - - -
TradeSmartUpstox
 TradeSmart vs Zerodha
 TradeSmart vs Upstox
 TradeSmart vs Angel One
 TradeSmart vs ProStocks
 TradeSmart vs Paytm Money
 TradeSmart vs Fyers
 TradeSmart vs 5paisa
 TradeSmart vs BlinkX
 TradeSmart vs SAS Online
 TradeSmart vs TradePlus
 TradeSmart vs SAMCO
 TradeSmart vs Alice Blue
 TradeSmart vs Aditya Birla Money
 TradeSmart vs Edelweiss
 TradeSmart vs Sharekhan
 TradeSmart vs IIFL
 TradeSmart vs Anand Rathi
 TradeSmart vs ICICI Direct
 TradeSmart vs Axis Direct
 TradeSmart vs HDFC Securities
 TradeSmart vs Marwadi Group
 TradeSmart vs Motilal Oswal
 TradeSmart vs Religare Broking
 TradeSmart vs SMC Global
 TradeSmart vs Kotak Securities
 TradeSmart vs Geojit BNP Paribas
 TradeSmart vs Groww
 TradeSmart vs Dhani Stocks
 TradeSmart vs FINVASIA
 TradeSmart vs Market Wolf
 TradeSmart vs SBICAP Securities
 Upstox vs Zerodha
 Upstox vs Angel One
 Upstox vs ProStocks
 Upstox vs Paytm Money
 Upstox vs Fyers
 Upstox vs 5paisa
 Upstox vs BlinkX
 Upstox vs TradeSmart
 Upstox vs SAS Online
 Upstox vs TradePlus
 Upstox vs SAMCO
 Upstox vs Alice Blue
 Upstox vs Aditya Birla Money
 Upstox vs Edelweiss
 Upstox vs Sharekhan
 Upstox vs IIFL
 Upstox vs Anand Rathi
 Upstox vs ICICI Direct
 Upstox vs Axis Direct
 Upstox vs HDFC Securities
 Upstox vs Marwadi Group
 Upstox vs Motilal Oswal
 Upstox vs Religare Broking
 Upstox vs SMC Global
 Upstox vs Kotak Securities
 Upstox vs Geojit BNP Paribas
 Upstox vs Groww
 Upstox vs Dhani Stocks
 Upstox vs FINVASIA
 Upstox vs Market Wolf
 Upstox vs SBICAP Securities