FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Dhan Vs TradeSmart: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Dhan Max Rs 20 per trade while the brokerage of TradeSmart Max Rs 15 per trade. Both the brokers are Discount Brokers. Dhan is having overall lower rating compare to TradeSmart. Dhan is rated only 3 out of 5 where TradeSmart is rated 4 out of 5. Number of active customer for Dhan is 3,85,819 where number of active customer for TradeSmart is 29,729. Dhan is serving more customer compare to TradeSmart.

Here we present side-by-side comparison of Dhan vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Dhan vs TradeSmart's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Dhan vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Dhan vs TradeSmart's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Dhan vs TradeSmart on Service

  Dhan Compare
Dhan
TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 3,85,819 29,729
Broker Overview Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr... Know more about Dhan Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare Dhan vs TradeSmart on Trading & Demat Account Opening Charges

Comparison of Dhan with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - Dhan offer Free account opening where TradeSmart charges Rs 200 for account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Dhan with TradeSmart
Charges Dhan TradeSmart
Trading Account Opening Fees Free Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 200
Demat AMC Free Rs 300 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Dhan vs TradeSmart on Plan Options

Plans are the most important feature you look when compare Dhan with TradeSmart. This section compare on high level about type of plans offered by brokers. Multiple Plans - TradeSmart provides Multiple Plans where Dhan doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Dhan with TradeSmart on Plan Options
Plan Types Dhan TradeSmart
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Dhan vs TradeSmart on Brokerage Charges

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare Dhan with TradeSmart
Brokerage Charges Compare Dhan TradeSmart
Plan Name Dhan Brokerage Plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery Free Flat Fee Rs 15
Equity Intraday 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Options Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 15
Minimum Brokerage No NIL
Hidden Charges No No
Funding Info Not Available No
Call & Trade Charges Rs 50 per order + GST Rs 20 per executed Order
Auto Square off Charges Rs 20 per order + GST Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for Dhan Brokerage Calculator for TradeSmart
Expand

Share Broker's Transaction Charges

Compare Dhan vs TradeSmart on Transaction Charges

Compare Dhan with TradeSmart on transaction charges and PCM fee by segment.

Transaction Charges - Compare Dhan with TradeSmart
Transaction Charges Compare Dhan TradeSmart
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for dhan Complete Brokerage Plans for trade-smart-online
Expand

Account Features

Compare Dhan vs TradeSmart on Account Features

Compare Dhan with TradeSmart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Dhan offers a margin funding where TradeSmart doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Dhan with TradeSmart
Account Features Compare Dhan TradeSmart
3 in 1 Account No Dhan have 2-in-1 account. Only Demate and Trading account. No Dhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:20 PM 3:15PM
NRI Trading No No
Other Features NIL NIL
Expand

Trading Platform

Compare Dhan vs TradeSmart on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Dhan and TradeSmart. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Dhan with TradeSmart
Trading Platform Compare Dhan TradeSmart
Desktop Trading Platform Dhan App, Web, Options Trader NEST Trader & Fox Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://web.dhan.co/ https://sine.tradesmartonline.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Dhan App Sine
Mobile Trading App Demo Dhan App Demo Sine Demo
Android Mobile App Yes Yes
Android App Download Andriod Dhan App Download Andriod Sine Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Dhan App Download iOS Sine Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Dhan Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for Dhan Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for Dhan Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for dhan Detail on Trading Platforms for trade-smart-online

Expand

Broker Ratings by Users

Compare Dhan vs TradeSmart on User Rating

  Dhan TradeSmart
  12 Customer Reviews    Rate Dhan 34 Customer Reviews    Rate TradeSmart
Fees Ratings 2.8 3.9
Trading Brokerage Rating 3.6 4.4
Trading Platform Usability 3.2 3.7
Customer Service Ratings 2.8 4.0
Overall Ratings 3.3 4.0
Broker Rating Dhan is Rated 3.3 / 5 based on 12 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
Expand

Investment Offerings

Compare Dhan vs TradeSmart on Investment Offerings

Compare Dhan with TradeSmart on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker don't offer online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Dhan with TradeSmart
Investment Offerings Compare Dhan TradeSmart
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds No No
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No No
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
Expand

Order Types

Compare Dhan vs TradeSmart on Order Types

Order Type - Compare Dhan with TradeSmart on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Dhan offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Dhan with TradeSmart
Order Type Compare Dhan TradeSmart
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
Expand

Customer Service Offered

Compare Dhan vs TradeSmart on Customer Service

Compare Dhan with TradeSmart on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Dhan with TradeSmart
Customer Service Compare Dhan TradeSmart
24/7 Customer Service Dhan vs TradeSmart - 24x7 customer support No No
Email Support Dhan vs TradeSmart - Email Support Yes Yes
Onine Live Chat Dhan vs TradeSmart - Onine Live Chat Yes Yes
Phone Support Dhan vs TradeSmart - Phone Support Yes Yes
Toll Free Number Dhan vs TradeSmart - Toll Free Number No No
Through Branches Dhan vs TradeSmart - Through Branches No No
Customer Care Number Dhan vs TradeSmart - Customer Care Number 022-48906273 022 61208000
Account Opening Process Dhan vs TradeSmart - Account Opening Process Zero Online/Paperless
Customer Support Email Dhan vs TradeSmart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Dhan vs TradeSmart - Knowledge Center/Education https://knowledge.dhan.co/support/home https://help.tradesmartonline.in/
Head Office Address Dhan vs TradeSmart - Head Office Address/Corporate Address
302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website Dhan vs TradeSmart - Company Website https://dhan.co/ https://tradesmartonline.in/
Expand

Tips/Research/Reports Published

Compare Dhan vs TradeSmart on Research Reports, Tips

Compare Dhan with TradeSmart on research reports and tips provided by the broker.

Research Reports - Compare Dhan with TradeSmart
  Dhan TradeSmart
Research Mutual Funds Dhan vs TradeSmart - Research Mutual Funds No No
Research Equity Reports Dhan vs TradeSmart - Research Equity Reports No No
Research ETF Dhan vs TradeSmart - Research ETF No No
Daily Market Report Dhan vs TradeSmart - Daily Market Report No No
Free Tips Dhan vs TradeSmart - Free Tips No No
Quarterly Result Analysis Dhan vs TradeSmart - Quarterly Results No No
News Alerts Dhan vs TradeSmart - No No
Expand

Demat Account

Compare Dhan vs TradeSmart on Demat Account

Compare Dhan with TradeSmart on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for TradeSmart is ₹300 pa where for Dhan is Zero.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Dhan is ₹12.5 per transaction where for TradeSmart is ₹25.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Dhan with TradeSmart
  Dhan TradeSmart
DP Source CDSL CDSL
DP ID Dhan vs TradeSmart - DP ID 289-2016 30400
Demat Account Annual Maintenance Charges(AMC) Zero ₹300 pa
Advance Deposit Nil NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.5 per transaction ₹25
Demat ₹250 per certificate + courier charges ₹500 per certificate (Min ₹500 per request)
Remat ₹250 per certificate + courier charges ₹500 per certificate (Min ₹500 per request)
Pledge Creation ₹12.5 per transaction ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹12.5 per transaction ₹200 per script
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹12.5 per transaction ₹200 per script
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Dhan vs TradeSmart on Special Offers and Promotion

Compare Dhan with TradeSmart on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Dhan vs TradeSmart on Special Offers and Promotion
  Dhan TradeSmart
Pay In and Pay Out Options Dhan vs TradeSmart - Pay In and Pay Out Options UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Dhan vs TradeSmart - Payout Time Fast withdrawal with IMPS, NEFT Withdrawal Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges Dhan vs TradeSmart - Bank Supported and Charges Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.
Bank Detail VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Likes
  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

Detail Review...

Dislikes
  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

Detail Review...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T03:51:34+00:00