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The brokerage of Finvasia ranges between Rs 0, the brokerage of TradeSmart ranges between Rs 15, while the brokerage of Paytm Money ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Finvasia is 4, TradeSmart is rated 4, Paytm Money is rated 4 out of 5.
Here we present side-by-side comparison of Finvasia vs TradeSmart vs Paytm Money stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs TradeSmart vs Paytm Money on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Finvasia vs TradeSmart vs Paytm Money in this setion with 360 degree view of broker information.
 Finvasia |
 TradeSmart |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX | NSE, BSE |
| Broker Overview | Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...  |
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. | In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... |
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In this section we have compared Finvasia vs TradeSmart vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and Paytm Money offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - Finvasia charges Free as AMC for Demat account, TradeSmart charges Rs 300 PA AMC for Demat account, where Paytm Money charges Free AMC for Demat account.
| Charges | Finvasia | TradeSmart | Paytm Money |
|---|---|---|---|
| Trading Account Opening Fees | Free | Rs 200 | Free |
| Trading AMC | Free | Free | Rs 30 per month (Platform fees) |
| Demat Account Opening Fees | Free | Rs 200 | Free |
| Demat AMC | Free | Rs 300 PA | Free |
| Provide DP Service |  |
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Plans are the most important feature you look when compare Finvasia vs TradeSmart vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart offers Multiple Plans where Finvasia and Paytm Money doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Finvasia | TradeSmart | Paytm Money |
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| Multiple Plans |  |
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| Yearly Plans | |
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| Zerodha | Zerodha | Paytm Money | |
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| Account Opening Request |
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
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.
Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.
| Brokerage Charges Compare | Finvasia | TradeSmart | Paytm Money |
|---|---|---|---|
| Plan Name | Zero Brokerage Trading Plan | Flat Fee Rs 15 Trading Plan (Power Plan) | Flat Brokerage Plan |
| Equity Delivery | Rs 0 | Flat Fee Rs 15 | 2.5% or Rs 20 whichever is lower |
| Equity Intraday | Rs 0 | Flat Fee Rs 15 | 0.05% or Rs 20 whichever is lower |
| Equity Futures | Rs 0 | Flat Fee Rs 15 | 0.02% or Rs 20 whichever is lower |
| Equity Options | Rs 0 | Flat Fee Rs 15 | Flat Fee Rs 20 |
| Currency Futures | Rs 0 | Flat Fee Rs 15 | NA |
| Currency Options | Rs 0 | Flat Fee Rs 15 | NA |
| Commodity Trading | Rs 0 | Flat Fee Rs 15 | NA |
| Minimum Brokerage | NA | ||
| Hidden Charges | No | No | |
| Funding | Yes, 24% interest PA | No | NA |
| Call & Trade Charges | Free | Rs 20 per executed Order | Rs 100/order +GST |
| Auto Square off Charges | Free | Rs 20 per executed Order | Rs 50/order + GST |
| Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for TradeSmart | Brokerage Calculator for Paytm Money |
Compare Finvasia vs TradeSmart vs Paytm Money on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Finvasia | TradeSmart | Paytm Money |
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| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | 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 | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | 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 | 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 | 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 | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for trade-smart-online | Complete Brokerage Plans for paytm-money |
Compare Finvasia vs TradeSmart vs Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - All 3 brokers dont have margin funing facility. NRI Trading - Finvasia offers NRI Trading where TradeSmart and Paytm Money doesn't offers NRI Trading.
| Account Features Compare | Finvasia | TradeSmart | Paytm Money |
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| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:15PM | 3:10 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs TradeSmart vs Paytm Money. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| Trading Platform Compare | Finvasia | TradeSmart | Paytm Money |
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| Desktop Trading Platform | OMNESYS NEST | NEST Trader & Fox Trader | Paytm Money |
| Desktop Demo | Info Not Available | Desktop Demo | Info Not Available |
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| Web Trading Platform | |
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| Web Trading Detail |
https://trade.finvasia.com/ |
https://sine.tradesmartonline.in/userMaster/login |
Paytm Money Web |
| Web Trading Demo | Info Not Available | Web Trading Demo | Web Trading Demo |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | SCALPERT | Sine | Paytm Money App |
| Mobile Trading App Demo | SCALPERT Demo | Sine Demo | Paytm Money App Demo |
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| Android App Download | Andriod SCALPERT Download | Andriod Sine Download | Andriod Download |
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| iOS App Download | Info Not Available | iOS Sine Download | iOS Paytm Money App Download |
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| Trading Software Charges | Basic platforms are free, advance platforms are chargeable. | Free | Rs. 30 per month |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for TradeSmart | Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for TradeSmart | Futures Brokerage Calculator for Paytm Money |
| Options Brokerage Calculator | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for TradeSmart | Options Brokerage Calculator for Paytm Money |
| Detail | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for trade-smart-online | Detail on Trading Platforms for paytm-money |
| Finvasia | TradeSmart | Paytm Money | ||
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17 Customer Reviews
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34 Customer Reviews
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6 Customer Reviews
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| Fees Ratings | ||||
| Trading Brokerage Rating | ||||
| Trading Platform Usability | ||||
| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | TradeSmart is Rated 4.0 / 5 based on 34 customer reviews | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews |
Compare Finvasia vs TradeSmart vs Paytm Money 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Finvasia and TradeSmart offers Commodity Trading where Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - Finvasia and Paytm Money offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | Finvasia | TradeSmart | Paytm Money |
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| ETF | |
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| MF SIP Investment | |
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| PMS Service | |
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| Other Investment Options | NIL | NIL |
Order Type - Compare Finvasia vs TradeSmart vs Paytm Money on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Paytm Money offers Good Till Cancelled (GTC) orders facility where Finvasia and TradeSmart doesn't provides GTC.
| Order Type Compare | Finvasia | TradeSmart | Paytm Money |
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| CNC order | |
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| MIS order | |
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| NRML order | |
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| Cover order | |
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Compare Finvasia vs TradeSmart vs Paytm Money on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | Finvasia | TradeSmart | Paytm Money |
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| 24/7 Customer Service | |
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| Customer Care Number | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 022 61208000 | NA |
| Account Opening Process | Online/Paperless | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected]/[email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://finvasia.com/announcements | https://help.tradesmartonline.in/ | https://www.paytmmoney.com/care |
| Head Office Address | Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
| Website | https://www.finvasia.com/ | https://tradesmartonline.in/ | https://www.paytmmoney.com/ |
Compare Finvasia vs TradeSmart vs Paytm Money on research reports and tips provided by broker.
| Finvasia | TradeSmart | Paytm Money | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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| Quarterly Result Analysis | |
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Compare Finvasia vs TradeSmart vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Finvasia | TradeSmart | Paytm Money | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 84300 | 30400 | 12088800 |
| Demat Account Annual Maintenance Charges(AMC) | Free | ₹300 pa | Zero |
| Advance Deposit | Rs 0 | NIL | Nil |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹25 | ₹10 per ISIN |
| Demat | ₹15 per certificate | ₹500 per certificate (Min ₹500 per request) | ₹250 per 100 shares |
| Remat | ₹15 for every hundred securities + CDSL Charges | ₹500 per certificate (Min ₹500 per request) | ₹250 per 100 shares |
| Pledge Creation | ₹25 per transaction | ₹200 per script ₹50 for trading margin each side |
₹32 per ISIN |
| Pledge Creation Confirmation | NIL | Nil | Nil |
| Pledge Closure | ₹25 per transaction | ₹200 per script | ₹32 per ISIN |
| Pledge Closure Confirmation | NIL | Nil | Nil |
| Pledge Invocation | ₹19 per transaction | ₹200 per script | ₹32 per ISIN |
| Failed Instruction Charges | ₹49 | Nil | Nil |
| Other Charges | Nil | Nil | Nil |
Compare Finvasia vs TradeSmart vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Finvasia | TradeSmart | Paytm Money | |
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| Pay In and Pay Out Options | Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through bank transfer only. |
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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Up to 24 hrs except for bank holidays. | Up to 24 Hrs except Bank Holidays. | Max 24 hrs except bank holidays |
| Bank Supported and Charges | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. | Paytm Money allows 190+ Banks. |
| Bank Detail | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
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 |
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| Likes |
No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
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| Dislikes |
Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | Free Account Opening, Rs 400 Waived for a limited time. | |
| Enquire for Finvasia | Enquire for TradeSmart | Enquire for Paytm Money |
Last Updated on 2023-09-05T02:25:49+00:00
