Trade Smart Online Charges – Find Brokerage Charges, Account Opening Charges & more

We’ll review the company’s brokerage policies within this article. So, all of Trade Smart Online Charges including Trade Smart Online Brokerage Charges, Trading Charges and other relevant taxes will be covered within the article. So, just stay with us as we go on explaining each of these charges in detail.

Trade Smart Online is a fore front financial advisory venture started in 1999. The company belongs to Bengaluru, Karnataka and was incorporated by Vijay Singhania. It is basically a part of the former financial giant VNS Finance. It has over 17,000 active clients.

It makes a daily turnover of around Rs.2,500 Crores. However, the company does not have any physical branches located throughout the nation. In fact, it relies totally on its online trading platforms to commence business activities.

Trade Smart Online


Trade Smart Online Brokerage Charges

Trade Smart Online brokerage plans tend to be the most interesting part for many clients. So, we’ve managed to explain all of these charges through the table below. Go take a look!

Brokerage Charges
Equity Delivery TradingRs.15 per Executed Order
Equity Intraday TradingRs.15 per Executed Order
Equity Futures TradingRs.15 per Executed Order
Equity Options TradingRs.15 per Executed Order
Currency Futures TradingRs.15 per Executed Order
Currency Options TradingRs.15 per Executed Order
Commodity TradingRs.15 per Executed Order
Minimum BrokerageRs.15
Demat AMC ChargesRs.250 per Annum
Trading AMC ChargesFree
Margin MoneyZero Margin
Brokerage CalculatorTrade Smart Online Brokerage Calculator

Trade Smart Online Brokerage charges are unlike any other broker. These charges do not vary on the basis of services acquired. On the contrary, they’re charged at a uniform manner. As you can see within the table above the top of the list is occupied by Equity Delivery Trading.

Services relating to this domain are charged at Rs.15 per executed order. In fact, this is not the only domain that these charges are applicable to. All trading domains including Equity Intraday, Equity Futures, Equity Options, Currency Options, Currency Futures and Commodity Trading are charged for at this exact same rate.

The minimum brokerage rate for any transaction to occur is Rs.15. The company does not have any specific Trading AMC. This means that their clients may use the Trading Platform for free. However, a sum of Rs.250 per annum is levied in terms of Demat AMC. The clients aren’t forced to have any balance as Margin Money.


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    Trade Smart Online Account Opening Charges

    Every little detail about Trade Smart Online Account Opening Charges is mentioned under this very part. We’ve even used a table to easily enlist all the charges. So, go ahead take a look!

    Account Opening Charges
    Trading Charges [One Time]Rs.300
    Trading AMC [Yearly]Free
    Demat Charges [One Time]Rs.400
    Demat AMC [Yearly]Rs.250 per Annum
    Margin MoneyZero Margin

    Trade Smart Online does not believe in providing a lot of freebies. On the contrary, they provide services that really make an impact for the clients. They do come up with occasional freebies from time to time nonetheless. We’re talking about their Trading AMC Charges.

    They provide services related to Trading AMC completely free of cost. However, Trade Smart Online Trading charges are applied to the Trading platform usage. This charge is levied at a rate of Rs.300. They even levy Rs.400 in terms of Demat Charges. Trade Smart Online AMC Charges are also applied for Demat AMC.

    This is imposed at a rate of Rs.250 per annum. However, the company does not have any restriction pertaining to minimum Margin Money value.


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    Trade Smart Online Transaction Charges

    Trade Smart Online Transaction Charges are applied for all the services they provide. These charges are imposed every time one of their clients commences a trade. You may get all the details about these charges by looking at the table below.

    Transaction Charges
    Equity Delivery0.00300% of Total Turnover
    Equity Intraday0.00300% of Total Turnover
    Equity Futures0.00300% of Total Turnover
    Equity Options0.00300% of Total Turnover
    Currency Futures0.00300% of Total Turnover
    Currency Options0.00300% of Total Turnover
    Commodity0.00300% of Total Turnover

    Trade Smart Online charges their clients with a number of different brokerage value. This part specifically talks about the Transaction Charge they levy. As you can see within the table above, these charges are charged at a uniform price.

    This means that all of their services are charged at a Transaction Charge of worth 0.00300% of total turnover. And, by all we mean the services pertaining to Equity Intraday, Equity Delivery, Equity Futures, Equity Options, Currency Futures, Currency Options and Commodity Trading.


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    Other Charges as Levied by Trade Smart Online

    Trade Smart Online charges include some other charges apart from the usual brokerage. These charges are imposed as per government policies and, they’re all mentioned within the table below.

    Other Charges
    SEBI Turnover Charges0.0007% of Total Turnover
    STT0.0113% of Total Turnover
    Stamp DutyDepends on State (very minimal)
    GST18% of (Brokerage + Transaction Charges)
    Margin Funding Charges18% + GST
    Reactivation ChargesRs.50 per Segment
    Account Closure ChargesRs.50 per Segment
    Dematerialisation ChargesRs.44

    The list of Trade Smart Online Other charges begins with imposition of SEBI Turnover Charges. This particular charge is imposed at a rate of 0.0007% of total turnover made by the clients.

    The next set of tax is related to STT. This is more commonly known as Securities Transaction Tax and, this is imposed at a rate of 0.0113% over the total turnover generated by their clients.

    A GST worth 18% is applied to the sum of overall brokerage and transaction charges. The clients are even imposed with 18% + GST on Margin Funding Charges. The last set of taxes as imposed by the company over their clients is for Stamp Duty. This is a negligible amount and, it is usually charged as per state laws.

    The clients even need to pay Rs.50 per segment for Account Closure and Reactivation. Lastly a charge worth Rs.44 is imposed on the clients in terms of Dematerialization Charge.


    Trade Smart Online Charges – Conclusion

    We have told you everything there is to know about Trade Smart Online Charges. Now it’s time for you decide if the company stands tall as per you current requirements.


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