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
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.
Get Margin against shares
No minimum commitment
Get Margin against shares
No minimum commitment
EXE (Desktop) trading platform