Trade Smart vs MStock – Compare Charges, Trading Features, Offers & more

Find a Comparison of Trade Smart vs MStock here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Trade Smart and MStock.

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Trade Smart vs MStock – Company Overview

Company Overview Trade Smart MStock
Company Type Private Private
Headquarters Mumbai Mumbai
Founder Vikas Singhania Park Hyeon-Joo
Establishment Year 2013 1997

Compare the Brokerage of Trade Smart and MStock

Brokerage Trade Smart MStock
Brokerage Plan Power Plan Zero Delivery Plan
Subscription Charges Zero Zero
Equity Delivery Rs.15 per Trade Free
Equity Intraday Rs.15 per Trade Rs.20 per Trade
Equity Future Rs.15 per Trade Rs.20 per Trade
Equity Option Rs.15 per Trade Rs.20 per Trade
Commodity Future Rs.15 per Trade NA
Commodity Option Rs.15 per Trade NA
Currency Future Rs.15 per Trade Rs.20 per Trade
Currency Option Rs.15 per Trade Rs.20 per Trade

Trade Smart vs MStock – Trading Platforms

Trading Platforms Trade Smart MStock
Android App Trade Smart Android App Link MStock Android App Link
iOS App Trade Smart iOS App Link MStock iOS App Link
Web Trading Platform Trade Smart Web Trading Link MStock Web Trading Link
Trading Terminal Available NA
Algo Trading Platform NA NA
Foreign Stocks Trading Platform NA NA
Basket Trading Platform NA NA
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform NA NA
Bonds Investment Platform NA NA

Comparison of Trade Smart and MStock – Trading Features

Trading Features Trade Smart MStock
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports No No
Global indices No No
Customised Recommendations No No
Stock tips No Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No No
Robust & Secure Platform Yes Yes

Compare Trade Smart vs MStock Offers

Offers Trade Smart MStock
Free Account Opening Yes No
Free AMC Yes, Limited No
Free Brokerage No Yes, Limited
Flat Brokerage Yes Yes
Flexible Brokerage Plans Yes Yes
Happy Trading Hours No No
Free Delivery Trading No Yes
Free Intraday Trading No Yes, Limited
Free F&O Trading No Yes, Limited
Free Research Reports No Yes
Free Trading calls No Yes
Referral Offers 10% + Rs.100 per Client Upto Rs.500 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Trade Smart vs MStock – Products Provided

Products Provided Trade Smart MStock
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes No
Commodity Future Yes No
Currency Option Yes Yes
Currency Future Yes Yes
Foreign Stocks No No
Mutual Funds Yes Yes
Banking No No
Insurance No No
Corporate Bonds No No
Govt. Bonds No No
Digital Gold No No

Trade Smart vs MStock – Services Provided

Services Provided Trade Smart MStock
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3 in 1 Account No No
Stock Research No Yes
Stock Recommendations No Yes
Trading Institution Yes, KNowledge Hub No
Share Pledging Yes Yes
PMS or PCG No No
NRI Services No No

Compare Trade Smart and MStock Advisory

Advisory Trade Smart MStock
Fundamental Reports No No
Research Reports No No
Company Reports No No
Annual Reports No No
IPO Reports No No
Technical Reports No No
Stock Tips Yes, chargeable Yes
Daily Top Stock Picks Yes, chargeable Yes
Daily Market Review No Yes
Monthly Review No Yes
Weekly Review No Yes
Relationship Manager No No
Robo Advisory No No

Comparison of Trade Smart and MStock Exposure

Exposure Trade Smart MStock
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of Trade Smart & MStock

Programs Trade Smart MStock
Sub Broker Program Yes, Limited Yes, Limited
Partner Program Yes Yes, Limited
Referral Program Yes Yes

Trade Smart vs MStock – Ratings by Finec

Ratings Trade Smart MStock
Overall Rating 7.30 / 10 7.28 / 10
Customer Support 7.27 / 10 7.25 / 10
Technology 7.39 / 10 7.37 / 10
Charges 7.33 / 10 7.31 / 10
Products & Service 7.26 / 10 7.24 / 10
Experience 7.24 / 10 7.22 / 10

Compare Customer Support of Trade Smart and MStock

Customer Support Trade Smart MStock
Trading Support Available, Chargeable Available, Chargeable
Dedicated Dealer Available, Chargeable Available, Chargeable
Call Support 022-61208000 1800-2100-818
Email Support [email protected] [email protected]
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support NA NA
Branches / Offices NA NA

Comparison of Trade Smart & MStock Complaints

Complaints Trade Smart MStock
Total Complaints Lodged 4 113
Total Complaints Resolved 4 101
% of Resolved Complaints 100.00% 89.38%
Non Actionable Complaints 0 6
% of Non Actionable Complaints 0.00% 5.31%

Compare Demat Charges of Trade Smart vs MStock

Demat Charges Trade Smart MStock
Account Opening Charges Free Rs.149
Annual Maintenance Charges (AMC) Rs.300 per Year (1st Year Free) Rs.999

Trade Smart vs MStock – Compare STT & CTT

STT & CTT Trade Smart MStock
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.0625% on sell (on premium) 0.0625% on sell (on premium)
Commodity Future 0.01% on sell (Non-Agri) 0.01% on sell (Non-Agri)
Commodity Option 0.05% on sell 0.05% on sell
Currency Future Nil Nil
Currency Option Nil Nil

Compare Stamp Duty of Trade Smart and MStock

Stamp Duty Trade Smart MStock
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future 0.002% on buy 0.002% on buy
Commodity Option 0.003% on buy 0.003% on buy
Currency Future 0.0001% on buy 0.0001% on buy
Currency Option 0.0001% on buy 0.0001% on buy

Trade Smart vs MStock – Transaction Charges

Transaction Charges Trade Smart MStock
Equity Delivery 0.00325% (NSE) & 0.00375% (BSE) 0.00325% (NSE) & 0.00375% (BSE)
Equity Intraday 0.00325% (NSE) & 0.00375% (BSE) 0.00325% (NSE) & 0.00375% (BSE)
Equity Future 0.0019% (NSE & BSE) 0.0019% (NSE & BSE)
Equity Option 0.05% (on premium) 0.05% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) NA
Commodity Option 0.05% (Non Agri) NA
Currency Future 0.0009% (NSE) & 0.00022% (BSE) 0.0009% (NSE)
Currency Option 0.035% (NSE) & 0.001% (BSE) 0.035% (NSE)

Compare Pledge Charges of Trade Smart & MStock

Pledge Charges Trade Smart MStock
Pledge Creation Charges Rs.15 per Request Rs.32 per Request
Pledge Invocation Charges Rs.15 per Request Rs.32 per Request
Interest on Margin Trading 0.05% per day 0.05% per day

Comparison of Trade Smart and MStock – Hidden Charge

Hidden Charge Trade Smart MStock
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.30 per Scrip on Sell Rs.12 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Nil Nil
Reactivation Charges Nil Nil
Dematerialisation Charges Rs.30 per Certificate Rs.150 per Certificate
Call & Trade Charges Rs.50 per Trade Free
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