Check out Trade Smart Review here. Enjoy low-cost trading solutions with Trade Smart and save a big amount yearly.
Despite a late entry in a highly competitive market, Trade Smart maintains positive reviews online. So, hold your belt and dive deep into the fascinating world of online trading with Trade Smart.
From AMC to daily transactions, Trade Smart charges are one of the key factors for market advantage.
Despite starting in a lopsided economy, Trade Smart Online is generating business rapidly. The firm began in 2013, but the brokerage house has no ‘early bird’ advantages.
But hassle-free service to thousands of satisfied customers helps the brand to get the market’s attention.
Broker Type | Discount Broker |
Active Clients | 39,000+ |
Account Opening Charges | Free |
AMC | Rs.300 per Year (1st Year Free) |
Delivery Charges | Rs.15 per Trade |
Intraday Charges | Rs.15 per Trade |
Trade Smart - Company Overview
Company Type
Headquarters
Founder
Establishment Year
Why Trade or Invest with Trade Smart?
If you are confused, start with a comparatively new brand name of Trade Smart – don’t worry! Here we present a series of reasons to open a Trade Smart Account.
Competitive brokerage: The brokerage house has started to cater to the market with lower prices. Competitive price helps investors with a light pocket to trade.
Moreover, a productive result and hassle-free experience help them get thousands of clients every year.
Strong customer support: Trade Smart focuses on strong customer support. Even they attract non-account holders with various financial literacy programs.
So, people out of their client base get direct support from them. Their customer support channel is diversified and strong.
In addition, it opens a door for customers with rivals to join after poor support from those houses.
Trustworthy and Tech-support: Being a new entry in the market in 2013, Trade Smart has become a trustworthy and reliable brand.
From fee structure to T&C or regulatory guidelines — it ensures a trustworthy trading place for investors.
A strong tech backup is the success key of Smart Trade. It benefits both the trader and the brokerage house.
Trade Smart Brokerage Charges
Brokerage Plan
Subscription Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
As we see, Trade Smart eyes to join more clients through a pocket-friendly brokerage fee. Trade Smart’s brokerage structure and other fee structures are enough to attract new clients.
If you are a new trader or have yet to join the market, Trade Smart is the best solution.
For intraday trading, traders will be charged Rs.15 per order; the brokerage is the same for equity delivery trading.
Moreover, Trade Smart provides a free demat account. You can use it for one year with zero AMC. After that, a renewal amount of Rs.300 will be deducted.
Trade Smart Calculator
Calculate Brokerage Charges of Trade Smart.
Here's a sample Zerodha calculation.
Change the options below to calculate Zerodha brokerage.
How to Open Trade Smart Demat Account?
Following the rival’s trend, the Demat account is a free facility for a certain time. Open a Trade Smart Demat account today with your morning coffee.
Since 2013, Trade Smart has encouraged paperless mode. Online mode is fast, reliable, and easy. Traders can make a Demat account from anywhere in the world.
However, account confirmation could take 24 hours in some cases, so hold your patience.
Online Mode
Clients have to provide the basic info and some documents like PAN and Aadhar/Passport/ License. Also, take a photo of your signature on a white paper.
- Click on the ‘Open Demat Account’ button below & Fill up the form with your contact details.
- You will receive a call from an executive & they will share an account opening link with you.
- Enter your KYC details in the link provided.
- After that, fill in the PAN, DoB, and bank details.
- The next step is to select one brokerage plan between the Power plan ( flat ₹15 fees) and the Value plan(0.007% brokerage).
- Then complete the KYC details, lick the submit option, and receive all login details in an email.
Offline Mode
Despite encouraging 100% paperless activities, the firm has the facility of offline demat account opening.
- You can ask for a form or call the RM to deliver it to your place.
- They will charge a nominal fee for the courier.
- Fill out the form and attach copies of the documents.
- Submit it to the nearest branch or courier the form.
- You will get a call and confirmation from them within a few days.
Trade Smart Review - App & Trading Platforms Provided
Android App
iOS App
Web Trading Platform
Trading Terminal
Algo Trading Platform
Foreign Stocks Trading Platform
Basket Trading Platform
Mutual Fund Investment Platform
Digital Gold Investment Platform
Bonds Investment Platform
Trade Smart, the new generation’s discount brokerage firm, has a huge investment in multiple trading platforms within its ten-year journey.
Moreover, the company ties up SEBI’s leading tech analyzers, like ‘Modern Algo’ to protect investors’ interests.
Regarding App-based platforms and tools, Trade Smart gives tough competition to other market giants. Many early birds of the market have fewer facilities than Trade Smart.
- Trade Smart app is there with simple, fast, and minimalistic features. You will get all facility in one shop!
- SINE app is there also to experience a smart trading journey with your smartphone.
- Traders can’t ignore the appeal of Application Programming Interface or API. Moreover, with Trade Smart API, account holders will get interaction with third parties.
- Apart from this, their webpage is also organized for desktop lovers.
Trade Smart App & Trading Platforms Features
Wishlist
Real Time Updates
Portfolio Details
Online MF Buy
Research Reports
Global indices
Customised Recommendations
Stock tips
Interactive charts
Live market
Multi Profile Management
Robust & Secure Platform
To provide you with an informed decision, Trade Smart runs at least seven platforms in various modes. Even market leaders and critics also clap for them for this jaw-dropping facility.
The company has invested heavily in cutting-edge applications and data analysis for the last seven years.
Thus, it helps to attract more customers of new generations through such arrangements. Trade Smart always review its applications and platforms and modify them to empower traders.
Trade Smart App
Meet your revenue goals with Trade Smart App, avail only on Android mobiles. However, iPhone users can enjoy another SINE version while trading.
They launched the App only three years ago; the Android version has already received 1 Lakh downloads with a 3.2 rating.
However, experts opine that within less than three years, this milestone raised a green flag for new investors. So, rise with other newbies and embrace the platform for these advantages.
- Achieve your revenue goals with Trade Smart App — live trade with various exchanges at the same time with small windows
- From financial derivatives to call and put option— multiple choice under one roof simultaneously.
- Get map-reading or navigation in a minimalistic way.
- Some experienced third parties power user-friendly tools to minimize errors.
- Facility to use 80+ indicators for portfolio.
Moreover, traders can directly trade from live charts, and a facility for pre-apply IPO is also available. Apart from this, you can track orders with advanced suggestions.
SINE App by Trade Smart
Make your trading journey fun with the SINE App of Smart Traders. Fortunately, it is avail in both iOS and Play Store markets.
The single-screen dashboard is the secret sauce; you can avoid getting confused with multiple screens.
Before getting the free App, check some special features here
- An informative dashboard ( with MTM, real-time trading info) helps to make an informed decision
- Real-time scanners run the system to empower traders with the right tactics
- A research team also backs the high-tech trading platform for better recommendations
- The option chain facility is there to provide vital information like a bid and ask for details
- Bracket order opportunity with stop loss feature.
In addition, scanners, watchlists, and options calculators make your trading a smooth experience.
Swing APIs
If you want trading software platforms to speak with you, API is the best-personalized solution. Trade Smart has advanced API facilities to make swift experiences in a live market.
Key features are as follows:
- Build your own marketplace for trading without any excessive information or generic front end.
- Enjoy pre-purchase decisions, research, and market watch with the trader’s customised interface.
Trade Smart BOX – Back-office Platform
Trade smart will not leave you alone in the market with watchlists or tolls. In addition, they offer back-office support.
If you feel uncomfortable accessing charts, BOX comes with pie charts and a short summary of various stocks.
Tax, P&L reports, and capital gain reports help to recover your capital lost in Tax.
Dartstock
Analysis platform like Dartstock assists with powerful scanners and different charting patterns.
If traders want a customizable workspace mainly for better recommendations, Darstock is a one-stop solution.
Trade Smart Offers
Free Account Opening
Free AMC
Free Brokerage
Flat Brokerage
Flexible Brokerage Plans
Happy Trading Hours
Free Delivery Trading
Free Intraday Trading
Free F&O Trading
Free Research Reports
Free Trading calls
Referral Offers
Margin Funding / Pledging
Brokerage Cashback
Zero Brokerage for Loss Making Trades
Never feel low or keep yourself in confusion if your trade volume is low. Trade Smart has a solution for individuals or collective organizations.
So, start your bullish ride in the stock market with Trade Smart’s offers. The firm has two perfect plans ( Power plan and Value plan) as per your trade volume and risk appetite.
Power Plan
As the name indicates, the plan empowers traders with large trading volumes. Some advantages are as follows.
- A flat brokerage of Rs.15 per successful completion of each order
- Makeup to 5x on equity trades.
- For F&O and commodities, there is scope to make 1x
Value Plan
If you are a newbie in the trading world, a value plan is best for your experience.
- This plan contains a standard brokerage charge of 0.007%. Some benefits are
- The brokerage charge of 0.007% is the same for Intraday trade, currency, commodities, and delivery.
Trade Smart SWOT Analysis
Find out SWOT Analysis on Trade Smart stock broker.
Strength
- Advanced trading platforms (at least 5/6 channels for different needs)
- Brokerage is lower than other market leaders
- Better recommendations and a separate platform for the research-based suggestion
- Serious customer support and active communication
- Diversified trading options (from single App and single widow) like MF, Derivatives, IPO, etc.
Weakness
- As a newbie in the market, the firm has less brand recognition
- The firm targets to manage operation costs, and there is a less physical presence
- The short span of time limited the business to prominent cities
Opportunities
- More User-friendly facilities for newcomers or targeting next-generation
- More physical presence (franchise model to save cost)
- Cater market in Tier II and Tier III cities
Threat
- Intense competition between traditional and online firms
- The firm doesn’t experience to cope with the recession year
- Cyber security and changing regulatory norms
Check out Business Opportunities with Similar Brands
Trade Smart Review - Products Offered
Equity Delivery
Equity Intraday
Equity Option
Equity Future
Commodity Option
Commodity Future
Currency Option
Currency Future
Foreign Stocks
Mutual Funds
Banking
Insurance
Corporate Bonds
Govt. Bonds
Digital Gold
Trade Smart Review - Services Provided
Demat Services
Trading Services
Intraday Services
F&O Services
IPO Services
3 in 1 Account
Stock Research
Stock Recommendations
Trading Institution
Share Pledging
PMS or PCG
NRI Services
Trade Smart Research & Advisory
Fundamental Reports
Research Reports
Company Reports
Annual Reports
IPO Reports
Technical Reports
Stock Tips
Daily Top Stock Picks
Daily Market Review
Monthly Review
Weekly Review
Relationship Manager
Robo Advisory
From Apps to APIs, Trade Smart is storming the market with research, competitive price, and robust customer care.
Apart from this, Trade Smart also arranged additional bodies and third parties to make research and recommendation error-free.
Trade Smart’s research support team gives tough challenges to market leaders.
- Dartstock stock, like powerful scanners, helps to get better results powered by advanced languages.
- BOX like back up office support with better analysis
- Get real-time data, market streaming, and profitable suggestion from App
Trade Smart Margin or Exposure or Leverage
Equity Delivery
Equity Intraday
Equity F&O Carry Forward
Equity F&O Intraday
Commodity F&O Carry Forward
Commodity F&O Intraday
Currency F&O
Always use their margin calculators to get an accurate Trade Smart margin or representation of trading activities.
However, depending on the Trade Smart market, the margin could fluctuate. Always read the T&C before starting.
- The intraday equity has the potential to make up to 5x.
- Trade Smart traders can generate 1.3x for stock f&o trading.
- 1x is average when trading commodity or currency future and options
Trade Smart Review - Programs
Sub Broker Program
Partner Program
Referral Program
Trade Smart Review & Rating by Finec.in
Overall Rating
Customer Support
Technology
Charges
Products & Service
Experience
Check out Business Opportunities with Similar Brands
Trade Smart Customer Support
Trading Support
Dedicated Dealer
Call Support
Email Support
Whatsapp Support
Website Support
Facebook Support
Twitter Support
Telegram Support
Branches / Offices
Trade Smart always ensures to provide a top-notch customer care experience for traders. For assistance, dial 022-61208000 during business time.
However, you can also raise your problem in their social media accounts on Facebook and Twitter for quick results.
Also, please email them to [email protected] or drop a message in the App-based chat system. You can also join Trade Smart customer care via live chat in App.
Furthermore, traders can get some paid trading support from the team.
Trade Smart Complaints & Feedback
Total Complaints Lodged
Total Complaints Resolved
% of Resolved Complaints
Non Actionable Complaints
% of Non Actionable Complaints
Despite being a newbie in the market, Trade Smart significantly dropped complaints in the regulatory or exchange market. This is a result of constant effort in customer service.
Out of 39,368 active traders in NSE (FY 22–23), 3 reports have been received by the exchange market. Only 1 complaint is pending after action. So, the accuracy level is almost 100%.
The exchange body received only 1 complaint from 3933 active BSE clients (FY 22–23). On the exchange market, 1 case has been addressed and left 0 cases pending.
This results in an accuracy level of 100%. As a result, over time, the company has maintained a 100% accuracy in NSE and BSE.
Trade Smart Charges
Traders can start a free demat account and choose a perfect plan as per their revenue goal and risk parameter. The firm’s demat account comes with one year of free AMC.
However, after one year, you have to pay Rs.300/year. Trade Smart account opening charges are free, but there are different brokerage plans to trade.
Generally, a nominal fee of Rs.15 is charged for intraday transactions.
If you opt for a low-profile plan (Brokerage plan 2), ‘Value’ —
- For commodity features and equity intraday, the amount is 0.007%
- Currency option and commodity option Rs.7 per lot will be charged
- In the case of equity delivery, the charge is 0.07%
Some additional transaction charges are —
- Equity delivery will be charged 0.00325% in NSE but 0.00375% for the BSE market.
- Charges are the same in both markets for Equity Future, that is 0019%
However, Trade Smart has no hidden charges or fees — you can check the price chart on the official page.
Trade Smart Account Opening Charges
Account Opening Charges
Annual Maintenance Charges (AMC)
Trade Smart STT & CTT Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Trade Smart Stamp Duty Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Trade Smart Transaction Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Trade Smart Pledge Charges
Pledge Creation Charges
Pledge Invocation Charges
Interest on Margin Trading
Trade Smart Hidden Charges
SEBI Turnover Charges
DP Charges
GST
Account Closure Charges
Reactivation Charges
Dematerialisation Charges
Call & Trade Charges
Trade Smart Review – Conclusion
In conclusion, we can say that Trade Smart has a marketing or branding activity with three keys — tech support, customer support, and lower brokerage.
The result is promising within such a short period in a highly competitive market. Lakhs of clients and thousands of Trade Smart reviews reflect the result.
The firm is in the nascent stages, so it has more steps to go. The firm should address the steps needed to overcome weaknesses like lack of physical presence or recession strategy.
FAQs on Trade Smart
Here are various FAQs related to Trade Smart Review.
Is Trade Smart a Safe Broker?
Yes, Trade Smart is safe with smart payment options like UPI. So, investors don’t need to wait for a profit margin.
Is Trade Smart Good for Beginners?
Yes, Trade Smart has some initiatives that are beginner-friendly. Even beginners with small trade volumes can choose a better brokerage plan.
How many active clients does Trade Smart have?
39,000+ active clients with Lakhs of Smart Trade App users are present in the market.
Who is the Founder of Trade Smart?
Vikas Singhania, the MS and MBA degree holder, founded Trade Smart.
Does Trade Smart provide Free Delivery Trading?
A flat amount of Rs.15 or 0.015% is applicable for delivery trading.
What are Intraday Trading Charges in Trade Smart?
Rs.15 will be applicable for intraday operation
What are Trade Smart F&O Charges?
For future options, the fee is Rs.15 per order
Does Trade Smart charge for Commodity Trading?
Yes! Smart Trade charges a nominal amount of Rs.15 for commodity trading
Does Trade Smart charge for Currency Trading?
In the case of currency trading of Smart Trade, the amount is Rs.15/ order
Does Trade Smart provide research?
Yes, Trade Smart has a strong research pipeline through financial experts and powerful software.
How to contact Trade Smart Customer Care?
Call at 022-61208000 during office hours or drop an email in [email protected]
How much is AMC in Trade Smart?
AMC is free for the first year; after that yearly renewal charge is Rs.300.
What are Account Opening Fees in Trade Smart?
Trade Smart offers a free demat account to all. You have only to pay brokerage during trading.
What are Pledge Creation Charges in Trade Smart?
Pledge creation charges are Rs.200 /scrip.
How Much Are Pledge Invocation Fees in Trade Smart?
The pledge invocation charge is Rs.200 or 0.01% (Note a higher one is applicable)
Does Trade Smart levy any Interest on Margin Trade Funding?
It is good to check the official website or call the RM for the latest update.
What are DP Charges in Trade Smart?
For Market transfer (DP) or Inter DP, the transfer charge is Rs. 25 +tax
Does Trade Smart levy any Account Closure Fees?
There are no charges for account closure
What are Account Reactivation Fees in Trade Smart?
You can join anytime without any penalty.
What are Call & Trade Charges in Trade Smart?
For call and trade, Rs.20 is levied per executed order; add standard brokerage commission also.