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TradeSmart Vs AxisDirect: Which one is better?

Both the brokers are registered with SEBI. TradeSmart offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of TradeSmart Max Rs 15 per trade while the brokerage of AxisDirect ranges between 0.05% to 0.5%. TradeSmart is a Discount Broker where AxisDirect is a Full Service Broker. TradeSmart is having overall higher rating compare to AxisDirect. TradeSmart is rated 4 out of 5 where AxisDirect is rated only 3.5 out of 5. Number of active customer for AxisDirect is 3,42,472 where number of active customer for TradeSmart is 29,729. AxisDirect is serving more customer compare to TradeSmart.

Here we present side-by-side comparison of TradeSmart vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared TradeSmart vs AxisDirect'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 TradeSmart vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared TradeSmart vs AxisDirect'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 TradeSmart vs AxisDirect on Service

  TradeSmart Compare
TradeSmart
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 29,729 3,42,472
Broker Overview 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. Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...Know more about AxisDirect
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare TradeSmart vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of TradeSmart with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - TradeSmart charges Rs 200 for account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - TradeSmart charges Rs 300 PA AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare TradeSmart with AxisDirect
Charges TradeSmart AxisDirect
Trading Account Opening Fees Rs 200 Rs 999
Trading AMC Free Free
Demat Account Opening Fees Rs 200 Free
Demat AMC Rs 300 PA Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare TradeSmart vs AxisDirect on Plan Options

Plans are the most important feature you look when compare TradeSmart with AxisDirect. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare TradeSmart with AxisDirect on Plan Options
Plan Types TradeSmart AxisDirect
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare TradeSmart vs AxisDirect on Brokerage 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.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare TradeSmart with AxisDirect
Brokerage Charges Compare TradeSmart AxisDirect
Plan Name Flat Fee Rs 15 Trading Plan (Power Plan) Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 15 0.50% (Each leg)
Equity Intraday Flat Fee Rs 15 0.05% (Each leg)
Equity Futures Flat Fee Rs 15 0.05% (Each leg)
Equity Options Flat Fee Rs 15 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Flat Fee Rs 15 0.05% (Each Leg)
Currency Options Flat Fee Rs 15 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Flat Fee Rs 15 Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding No Yes - 18% interest PA
Call & Trade Charges Rs 20 per executed Order Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges Rs 20 per executed Order 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for TradeSmart Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare TradeSmart vs AxisDirect on Transaction Charges

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

Transaction Charges - Compare TradeSmart with AxisDirect
Transaction Charges Compare TradeSmart AxisDirect
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for axisdirect
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Account Features

Compare TradeSmart vs AxisDirect on Account Features

Compare TradeSmart with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 account where TradeSmart offers only 2-in-1 account which includes trading and demat account. Algo Trading - TradeSmart offers Algo Trading where AxisDirect doesn't offers Algo Trading. Margin Funding - AxisDirect offers a margin funding where TradeSmart doesn't offers margin funding. NRI Trading - AxisDirect offers NRI where TradeSmart doesn't offers NRI Trading.

Account Features - TradeSmart with AxisDirect
Account Features Compare TradeSmart AxisDirect
3 in 1 Account No TradeSmart have 2-in-1 account. Only Demate and Trading account. Yes, TradeSmart have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 2:45 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare TradeSmart vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart and AxisDirect. 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 TradeSmart with AxisDirect
Trading Platform Compare TradeSmart AxisDirect
Desktop Trading Platform NEST Trader & Fox Trader Ring
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://sine.tradesmartonline.in/userMaster/login https://login.axisdirect.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sine AxisDirect Ring Mobile App
Mobile Trading App Demo Sine Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod Sine Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sine Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for TradeSmart Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare TradeSmart vs AxisDirect on User Rating

  TradeSmart AxisDirect
  34 Customer Reviews    Rate TradeSmart 6 Customer Reviews    Rate AxisDirect
Fees Ratings 3.9 2.5
Trading Brokerage Rating 4.4 2.0
Trading Platform Usability 3.7 3.2
Customer Service Ratings 4.0 2.7
Overall Ratings 4.0 2.3
Broker Rating TradeSmart is Rated 4.0 / 5 based on 34 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare TradeSmart vs AxisDirect on Investment Offerings

Compare TradeSmart with AxisDirect 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 - AxisDirect offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare TradeSmart vs AxisDirect on Order Types

Order Type - Compare TradeSmart with AxisDirect 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) - TradeSmart provide Bracket Orders (BO) where AxisDirect doesn't offer.With the name its cleare 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 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- AxisDirect offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare TradeSmart with AxisDirect
Order Type Compare TradeSmart AxisDirect
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare TradeSmart vs AxisDirect on Customer Service

Compare TradeSmart with AxisDirect 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 TradeSmart with AxisDirect
Customer Service Compare TradeSmart AxisDirect
24/7 Customer Service TradeSmart vs AxisDirect - 24x7 customer support No No
Email Support TradeSmart vs AxisDirect - Email Support Yes Yes
Onine Live Chat TradeSmart vs AxisDirect - Onine Live Chat Yes Yes
Phone Support TradeSmart vs AxisDirect - Phone Support Yes Yes
Toll Free Number TradeSmart vs AxisDirect - Toll Free Number No Yes
Through Branches TradeSmart vs AxisDirect - Through Branches No Yes
Customer Care Number TradeSmart vs AxisDirect - Customer Care Number 022 61208000 022-61480808
Account Opening Process TradeSmart vs AxisDirect - Account Opening Process Online/Paperless Online
Customer Support Email TradeSmart vs AxisDirect - Customer Support Email [email protected] [email protected]
Knowledge Center/Education TradeSmart vs AxisDirect - Knowledge Center/Education https://help.tradesmartonline.in/ https://simplehai.axisdirect.in/learn/overview
Head Office Address TradeSmart vs AxisDirect - Head Office Address/Corporate Address Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website TradeSmart vs AxisDirect - Company Website https://tradesmartonline.in/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare TradeSmart vs AxisDirect on Research Reports, Tips

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

Research Reports - Compare TradeSmart with AxisDirect
  TradeSmart AxisDirect
Research Mutual Funds TradeSmart vs AxisDirect - Research Mutual Funds No Yes
Research Equity Reports TradeSmart vs AxisDirect - Research Equity Reports No Yes
Research ETF TradeSmart vs AxisDirect - Research ETF No Yes
Daily Market Report TradeSmart vs AxisDirect - Daily Market Report No Yes
Free Tips TradeSmart vs AxisDirect - Free Tips No Yes
Quarterly Result Analysis TradeSmart vs AxisDirect - Quarterly Results No Yes
News Alerts TradeSmart vs AxisDirect - No Yes
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Demat Account

Compare TradeSmart vs AxisDirect on Demat Account

Compare TradeSmart with AxisDirect 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 AxisDirect is ₹500 pa where for TradeSmart is ₹300 pa.

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 TradeSmart is ₹25 where for AxisDirect is ₹10.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 TradeSmart with AxisDirect
  TradeSmart AxisDirect
DP Source CDSL CDSL
DP ID TradeSmart vs AxisDirect - DP ID 30400 49200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹500 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹25 ₹10
Demat ₹500 per certificate (Min ₹500 per request) ₹3 per certificate
Remat ₹500 per certificate (Min ₹500 per request) ₹10 for every hundred securities (Min ₹10)
Pledge Creation ₹200 per script
₹50 for trading margin each side
₹25
Pledge Creation Confirmation Nil ₹25
Pledge Closure ₹200 per script ₹25
Pledge Closure Confirmation Nil ₹25
Pledge Invocation ₹200 per script Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare TradeSmart vs AxisDirect on Special Offers and Promotion

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

Compare TradeSmart vs AxisDirect on Special Offers and Promotion
  TradeSmart AxisDirect
Pay In and Pay Out Options TradeSmart vs AxisDirect - Pay In and Pay Out Options 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.
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time TradeSmart vs AxisDirect - Payout Time Up to 24 Hrs except Bank Holidays. Instant to Axis Bank.
Bank Supported and Charges TradeSmart vs AxisDirect - Bank Supported and Charges Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. Info Not Available
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
Direct from your Axis bank account.
Likes

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...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Dislikes

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...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time. Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-01T03:17:59+00:00