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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

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Upstox

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	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 : Individual Account: Rs 300 per year 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 : Demat Rejection Charges: Rs 35 per rejection for every 500 gms. 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. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.
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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
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	Open Account	Open Account