TradeSmart Review: Smart way of Trading

TradeSmart Review

In this TradeSmart Review, let’s find out if it is really smart to trade with TradeSmart.

The VNS Finance company is behind TradeSmart, which embodies the same principles of trust and transparency as VNS Finance. TradeSmart brings over 20 years of experience in the brokerage business to their online business, which is sure to succeed.

TradeSmart is a business model that runs on the latest technology, smartest automation, and high grade security, so its clients don’t have to pay too much and yet everyone wins at the end of the day. TradeSmart was formed with the sole purpose of improving the experience of those who engage in the trading business.

TradeSmart

Rs. 200 Rs. 500
Open Tradesmart Online’s Demat Account with Reduced Account Opening Charges. Start your stock trading and investing journey with a trusted discount broker and save 90% on your brokerage when compared to full-time brokerage houses.
TradeSmartOnline

TradeSmart Online Brokerage Charges

TradeSmart offers you the choice to choose between the 2 plans. You can choose the best stock trading plan that matches your trading objectives.

The TradeSmart’s “Value” brokerage plan is a percentage-based brokerage plan where you will have to pay brokerage of 0.007% on each executed order.

It is most suitable for people whose trade size (quantity of stock purchased) per trade is very small since the total brokerage is based on the size of their order. TradeSmart Online’s Value plan is not great if you are an options trader and trades in multiple lots of options because you have to pay Rs. 7 per lot for each executed order, meaning if you place 10 lots order you will have to pay Rs. 70 as a brokerage fee.

TradeSmart offers a flat per-order brokerage plan called the “Power“. You will have to pay Rs. 15 on each executed order in the “Power” brokerage plan. You will always pay the same brokerage regardless of the size of the trade, so if you buy 1 share or 100 shares, the brokerage will remain constant at Rs. 15. Traders who trade in higher volumes, regardless of the segment they are in (equity, futures & options, currencies, and commodities) should consider TradeSmart’s Power plan.

Apart from this, there are no differences between the plans. There is no difference between these two plans in terms of other benefits.

Bottom Line
Key Features
TradeSmart Value Brokerage
Value
0.007% /Trade
Open Your Account Now
Bottom Line
Best for Traders with less frequency and low trading volume per trade
Key Features
Brokerage: Intraday Cash, Futures, Currency, Commodities » 0.007%, Delivery » 0.07%, Options » Rs 7 per lot
Get Margin against shares
No minimum commitment
Recommeded
TradeSmart Power Brokerage
Power
Rs. 15 /Trade
Open Your Account Now
Bottom Line
Best for Traders with high volume per trade.
Key Features
Brokerage: Rs. 15 per executed order, regardless of the trade size or segment
Get Margin against shares
No minimum commitment
EXE (Desktop) trading platform
9.3Expert Score
TradeSmart Online Review – Conclusion

How good is TradeSmart Online? If you ask us, then we must say that they are definitely a reliable discount broker. They are improving their Trading platforms to meet client’s regular demands. For Algorithmic Trading they are offering “Swing API” completely free of charge. Though there is still scope to improve especially improvement is needed in the TradingView Integration that they have done, more functionality is definitely appreciated there. Having said that the platform is reliable and stable even during high volatility days, which a great advantage.

Charges
9.7
Features
9.3
Platform
9.4
Transparency
9.3
Customer Support
9.2
Disclaimer:
It’s important to note that any trading strategy or investment advice, product or service reviews offered by nifty20.com should not be taken as a substitute for professional financial advice. The stock market is a highly risky and volatile environment, and past performance does not guarantee future results. It’s essential to conduct your own research and make your own investment decisions based on your own financial situation and risk tolerance. Never invest more than you can afford to lose and always seek professional advice before making any investment decisions.
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