Zerodha Vs Trade Smart Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Zerodha Vs Trade Smart Online Comparison
Zerodha is one of the leading discount brokers in India which was founded in 2010. It is one of the very few stockbrokers that provides reasonable values across trading platforms, customer education and low brokerage. The broker is based out of Bangalore.
Trade Smart Online is another discount broker in India that was launched by VNS, a stockbroking firm that was incorporated in 1994.
On one hand, Zerodha has been there in the market for a while and understands the concept of discount broking and how it helps traders. On the other hand, Trade Smart Online has been building propositions around its brokerage, trading platforms and customer service.
It can become very difficult to decide between two discount brokers who are almost similar in their propositions but still are different in areas that can make or break for customers. Thus, to make things easy for you, we have listed out the comparison between Zerodha Vs Trade Smart Online to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
Account Opening Charges
Exposure or Leverages
Generally, above-mentioned aspects are good enough to make a decision based on your preference but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Zerodha Vs Trade Smart Online Details
This is how both these stockbrokers stack up against each other:
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Zerodha Vs Trade Smart Online for the benefits of other readers?