"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 Cash and F&O Segment, currency and commodity. In terms of Customer Care, Trade Smart Online defines what a share broker- client relationship should be, everything from interaction to open an account, account opening process, to start your first trading or receiving professional guidance"
Why TradeSmart?
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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.
Positives
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✔ What TradeSmart Does Well
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Needs Improvement
✘ Where TradeSmart Falls Short
| ✗ | No MF, IPO, bonds — trading only, not an investment platform |
| ✗ | No NRI accounts |
| ✗ | Very small client base (18,276 active) — concern about long-term platform viability |
| ✗ | ₹300/yr AMC from year 2 — Groww, Shoonya, ProStocks all ₹0 lifetime |
| ✗ | Delivery brokerage ₹15 — not free unlike Zerodha, Groww, ProStocks |
| ✗ | No branches — 100% online |
| ✗ | Customer support capacity limited vs larger brokers |
| ✗ | Value Plan percentage pricing — less predictable than flat-fee brokers |
| ✗ | MCX account opening ₹200 extra (separate charge) |
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TRADE SMART
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TradeSmart Online Review 2026 — ₹15 Brokerage, Free API, GTT 365 Days, BSE F&O & Honest AssessmentBy CompareShareBrokers Editorial Team | Last updated: March 2026 | Affiliate disclosure
✔ Verified March 2026 ✔ 30+ Years Industry Experience (VNS Finance 1994)
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Open Free Account →
Free • ₹15/order Power Plan
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₹15
Power Plan — flat per order
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0.007%
Value Plan intraday/F&O
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₹0
Account opening
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₹300
AMC from year 2
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25/sec
API calls — free
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3.6/5
CSB Rating
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| Year of Incorporation | 1994 |
| Products | - |
| Demat Services | No |
| Active Exchange Memberships | BSE, NSE, MCX |
| Website | https://tradesmartonline.in/ |
| Contact Details | 022 61208000 |
| Total Number of Clients | 30,376 |
| Total Number of Branches | 1 |
Trade Smart Online is Mumbai, India based discount broking firm Incorporated in 1994. Trade smart Online is a venture of the larger organization, VNS finance & Capital Services limited with a strong track record in the brokerage business for over 20 years.
Trade Smart Online is an online discount brokerage firm in Indian financial markets that offers brokerage services for Stocks, Future and Options, Currency and Commodities and is a member of NSE, BSE, MCX, NCDEX and CDSL that offers Trading, Demat and Mutual Fund services.
TradeSmart Online is a registered depository participant (dp) with Central Depository Services India Ltd (CDSL).Sub broker ship with TSO is also available.
Trade Smart Online provide very competitive brokerage rate of just Rs. 15 per executed order for trade across equity, commodity or currency segment.
Trade at 0.007% or 0.7 Paise is another plan offered by the Trade Smart Online. You can trade through this plan in equity, currency and commodity segment (except equity delivery which is charged at 0.07% and option trading at flat Rs. 7 per lot).
Trade Smart Online has a client base of 22,000+ customers, and handles average daily turnovers of Rs: >5500 crores.
TradeSmart Online is the discount broking platform of TradeSmartFintech Securities Ltd, formerly registered as VNS Finance & Capital Services Ltd — a traditional brokerage company incorporated in 1994. VNS Finance was one of the original NSE members, giving TradeSmart a 30+ year institutional lineage that most app-first discount brokers simply don't have. The TradeSmart Online discount platform was developed on top of this foundation to offer flat-fee trading to retail investors.
The most important TradeSmart number is ₹15 per order on the Power Plan — ₹5 cheaper than the ₹20 standard charged by Zerodha, Angel One, SAMCO, HDFC SKY, and others. Combined with a free account opening, a high-speed free REST API (25 calls/sec, sub-250ms response), GTT orders with 365-day validity, BSE F&O access, multi-leg F&O order support, and advanced market scanners, TradeSmart punches above its weight for a broker with only 18,276 active clients.
The trade-offs are significant: no mutual funds, no IPO applications, no bonds, and no NRI accounts. TradeSmart is purely a trading platform, not an investing platform. Users who want to build a long-term investment portfolio alongside trading need to maintain a separate account at Groww, Zerodha, or similar for MF and IPO access. This makes TradeSmart better suited to active traders who trade regularly but invest passively elsewhere.
| Brokerage charges |
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4.1 |
| Trading platform |
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3.9 |
| API & algo trading |
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4.5 |
| Account opening |
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4.0 |
| Order type breadth |
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4.4 |
| Product breadth |
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2.6 |
| Customer support |
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3.4 |
| Trust & transparency |
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3.8 |
| Overall Rating |
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3.6 |
Ratings based on independent testing, verified user reviews, SEBI complaint data, and platform benchmarking. Updated March 2026.
All charges verified from tradesmartonline.in, Chittorgarh, InvestorGain, and CSB own database as of March 2026.
| Plan | Delivery | Intraday / Futures | Options | Best for |
|---|---|---|---|---|
| Power Plan | ₹15/order | ₹15/order | ₹15/order | High-volume traders with large trade sizes. ₹5 cheaper than standard ₹20. |
| Value Plan | 0.007% | 0.007% | 0.007% | Low-volume, lower-value traders. E.g. ₹1 lakh trade = ₹7 brokerage. Cheaper than Power Plan for small trades under ₹2.14 lakh. |
| Infinity Plan — Equity (₹3,999/month) | ₹0 | ₹0 | ₹0 | Unlimited NSE+BSE Cash and NSE F&O. For very high-frequency traders (270+ orders/month to break even vs ₹15/order). |
| Infinity Plan — Commodity (₹3,999/month) | N/A | ₹0 | ₹0 | Unlimited MCX and NCDEX commodity derivatives for full month. Separate from equity plan. |
| Charge | Amount | Notes |
|---|---|---|
| Account opening (equity + demat) | ₹0 Free | NSE/BSE equity, F&O, currency + CDSL demat. MCX commodity: ₹200 extra. |
| Demat AMC — Year 1 | ₹0 Free | First year free. Confirmed Chittorgarh (March 2026). |
| Demat AMC — Year 2+ | ₹300/year | Same as Zerodha (₹300/yr). Higher than Groww, Shoonya, ProStocks (₹0 lifetime). |
| DP charge (delivery sell) | ₹15 per debit transaction | Compare: Shoonya ₹9, Fyers ₹12.50, ProStocks ₹13.50, Alice Blue ₹15 (same), Zerodha ₹15.34. |
| Call & Trade | ₹20 per executed order | Per phone order. Use app or web to avoid. Shoonya ₹0 (free). |
| MCX account opening | ₹200 | One-time charge for MCX commodity segment access. Equity account opening is free. |
| NRI accounts | Not available | TradeSmart does not offer NRI trading accounts. Consider Angel One or Shoonya. |
| Tax | Equity Delivery | Intraday | F&O (Budget 2026) |
|---|---|---|---|
| STT | 0.1% buy+sell | 0.025% sell | Fut: 0.05% sell Opt: 0.15% sell (premium) Effective April 1, 2026. |
| GST | 18% on brokerage + exchange charges + SEBI charges | ||
| SEBI charges | ₹10 per crore (0.0001%) | ||
| Stamp duty | 0.015% (buy) | 0.003% (buy) | Fut: 0.002% Opt: 0.003% (buy) |
TradeSmart's API is among the best-specified free APIs in Indian retail broking: 25 calls/second, sub-250ms response latency, real-time market data, historical OHLC data, webhooks for real-time trade updates, and unlimited HTTP requests per day. It covers order management (place, modify, cancel), portfolio APIs (holdings and positions), funds APIs (balance and margin), order book, and price feeds. SDK support for Python, Node.js, Java, and C# makes it accessible across the developer spectrum. Combined with ₹15 brokerage, this is the most cost-effective professionally-capable algo trading setup outside of Shoonya (₹5) and Fyers (₹20 with good API).
TradeSmart supports a broader range of order types than most discount brokers at this price point. GTT (Good Till Triggered) orders remain active for up to 365 days — you set a trigger price and walk away, it executes automatically when the condition is met. Multi-leg orders (2-leg and 3-leg) let F&O traders execute complex strategies like straddles, strangles, and spreads as a single order. Iceberg orders break large orders into smaller lots to avoid exchange rejection. Basket orders execute multiple orders simultaneously. BSE F&O is also available — notable because most discount brokers only offer NSE F&O.
TradeSmart's desktop application (powered by NEST/Fox Trader) supports multiple workspaces with customisable layout, advanced option chain (real-time OI and IV), market scanners for live price trends and volume spikes, and smart dashboard. For traders who spend the entire trading day watching markets across multiple segments, the workspace customisation and scanner tools provide genuine workflow efficiency. The platform is available in desktop EXE, browser-based, and mobile app versions.
- You are an active trader who wants ₹15 flat brokerage — ₹5 cheaper than Zerodha/Angel One. On 20 F&O orders/day over 250 trading days, you save ₹25,000/year vs a ₹20/order broker.
- You build or run algos and need a free high-speed API — 25 calls/sec, sub-250ms latency, unlimited requests. Combined with ₹15 brokerage, the lowest-cost professional algo trading setup in India (after Shoonya's ₹5).
- You need GTT orders with 365-day validity — most brokers offer shorter GTT validity. TradeSmart's 365-day GTT is useful for long-swing-to-delivery strategies.
- You trade F&O strategies (straddles, spreads) — multi-leg order execution in one click saves time and reduces legging risk. BSE F&O also available for better pricing on some instruments.
- You want to invest in mutual funds or apply for IPOs — not available. You will need a second broker account. Groww or Zerodha are better all-in-one choices.
- You are an NRI — not available. Consider Angel One, Shoonya, or ProStocks.
- You want free delivery brokerage — ₹15 charged. Zerodha, Groww, Shoonya, ProStocks all offer ₹0 delivery.
- You are a beginner who wants guidance — no research tools, no advisory, no educational platform like TradeSmart offers. Angel One or SAMCO are better entry points.
| Feature | TradeSmart | Zerodha | Shoonya | ProStocks |
|---|---|---|---|---|
| Delivery brokerage | ₹15 | ₹0 ✔ | ₹0 ✔ | ₹0 ✔ |
| Intraday/F&O | ₹15 ✔ | ₹20 | ₹5 ✔ Lowest | ₹15 |
| AMC | ₹300/yr | ₹300/yr | ₹0 lifetime ✔ | ₹0 lifetime ✔ |
| Free API | ₹0, 25/sec ✔ | ₹2,000/month | ₹0 ✔ | ₹0 ✔ |
| GTT orders | 365 days ✔ | Yes ✔ | No | No |
| BSE F&O | Yes ✔ | NSE only | Yes ✔ | NSE only |
TradeSmartFintech Securities Ltd is SEBI-registered (INZ000247736, INZ000032132), a member of NSE, BSE, MCX, and NCDEX, and a CDSL depository participant. The company traces its origins to VNS Finance & Capital Services Ltd, incorporated in 1994 — giving TradeSmart one of the longest operating histories among Indian discount brokers. 30+ years of regulated market operations without major violations is a strong trust indicator. Your shares are held in your own CDSL demat account, independent of TradeSmart's operations. The primary risk factor is the very small active client base (18,276 as of June 2025), which limits operating revenue and raises questions about the platform's long-term investment trajectory.
TradeSmart's combination of ₹15 flat brokerage, free 25-calls/sec REST API, 365-day GTT, BSE F&O, multi-leg orders, and 30+ year operating history makes it a strong choice for serious active traders and algo traders who don't need MF or IPO in the same account. The ₹15 Power Plan is ₹5 cheaper per order than Zerodha — on 20 orders/day that's ₹25,000/year in savings. This is real money for active traders.
Overall: 3.6/5 — Recommended for active traders and algo traders who want ₹15 brokerage, free high-speed API, and advanced order types. Not recommended for investors who need MF/IPO/bonds in the same account, NRIs, or beginners.
Flat Rs 15 per trade
- Flat Rs 15 per trade across all segments +
- Get Margin against your shares +
- API for alog trading.
This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.
Frequently Asked Questions:
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1. What are TradeSmart brokerage charges in 2026?
Two plans: Power Plan (₹15 flat per order across all segments — delivery, intraday, F&O, commodity, currency) and Value Plan (0.007% per order — better for smaller trades under ₹2.14 lakh). Infinity Plan: ₹3,999/month unlimited equity or ₹3,999/month unlimited commodity. MF, IPO, bonds: not available. Verified from Chittorgarh, InvestorGain, and official website.
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2. Which TradeSmart plan should I choose — Power or Value?
Choose Power Plan (₹15 flat) if your average trade value exceeds ₹2.14 lakh per order. Choose Value Plan (0.007%) if your average trade is below ₹2.14 lakh. On a ₹1 lakh trade: Value Plan charges ₹7 vs Power Plan ₹15. On a ₹5 lakh trade: Value Plan charges ₹35 vs Power Plan ₹15. You can choose different plans for equity and commodity segments independently.
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3. Is TradeSmart account opening free?
Yes for equity (NSE/BSE equity, F&O, currency + CDSL demat). MCX commodity account: ₹200 one-time extra. Demat AMC is ₹0 for year 1, then ₹300/year from year 2.
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4. What is TradeSmart's free API?
Free REST API with 25 calls/second, sub-250ms response latency, real-time and historical OHLC data, webhooks for real-time updates, unlimited requests per day. Compatible with Python, Node.js, Java, and C#. Covers order management, portfolio, funds, and price feeds. One of the fastest free broker APIs in India.
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5. Does TradeSmart offer GTT orders?
Yes. GTT (Good Till Triggered) orders with 365-day validity — one of the longest in the industry. Set a trigger price for a buy or sell and it remains active for up to a year. Also includes target and stop-loss that can remain in the system for 365 days.
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6. Does TradeSmart offer mutual funds or IPO?
No. TradeSmart does not offer mutual fund investing, IPO applications, or bond investments. It is purely a trading platform for equity, F&O, currency, and commodity. For MF and IPO alongside trading, you need to use a separate broker like Zerodha or Groww.
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7. Does TradeSmart offer NRI accounts?
No. TradeSmart does not support NRI trading accounts. NRIs should consider Angel One (full NRI support), Shoonya (₹0 delivery + ₹5 F&O), or ProStocks (PIS + NRO).
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8. What is TradeSmart's DP charge?
₹15 per debit transaction per scrip on delivery sell. Compare: Shoonya ₹9, Fyers ₹12.50, ProStocks ₹13.50, Alice Blue ₹15 (same), Zerodha ₹15.34.
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9. TradeSmart vs Zerodha — which is better?
Choose TradeSmart if: you want ₹15 brokerage (vs ₹20), free high-speed API (vs ₹2,000/month), BSE F&O access, multi-leg orders, and are purely a trader with no MF/IPO needs. Choose Zerodha if: you want ₹0 delivery brokerage, MF/IPO/bonds in one account, GTT (both offer it), better platform maturity (Kite vs NEST), Varsity education, and the most established ecosystem in Indian retail broking. On brokerage: TradeSmart wins at ₹15. On product range: Zerodha wins decisively.
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