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AxisDirect Vs Reliance Securities Vs TradeSmart: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of Reliance Securities ranges between 0.05 - 0.50%, while the brokerage of TradeSmart ranges between Rs 15. The broker AxisDirect and Reliance Securities are full service brokers where TradeSmart is a discount broker. Overall rating for AxisDirect is 3.5, Reliance Securities is rated 3.5, TradeSmart is rated 4 out of 5.

Here we present side-by-side comparison of AxisDirect vs Reliance Securities vs TradeSmart stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared AxisDirect vs Reliance Securities vs TradeSmart 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 AxisDirect vs Reliance Securities vs TradeSmart in this setion with 360 degree view of broker information.

Compare AxisDirect vs Reliance Securities vs TradeSmart on Service

  AxisDirect Compare
AxisDirect
Reliance Securities Compare
Reliance Securities
TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE NSE, BSE BSE, NSE, MCX, NCDEX
Broker Overview 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 Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ...Know more about Reliance Securities 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 Request call back from Zerodha
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Account Opening Charges and AMC

Compare AxisDirect vs Reliance Securities vs TradeSmart on Trading & Demat Account Opening Charges

In this section we have compared AxisDirect vs Reliance Securities vs TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - AxisDirect charges Rs 999 for account opening, Reliance Securities charges Rs 950 for account opeing, and TradeSmart charges Rs 200 for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account, where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs Reliance Securities vs TradeSmart
Charges AxisDirect Reliance Securities TradeSmart
Trading Account Opening Fees Rs 999 Rs 950 Rs 200
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Rs 200
Demat AMC Rs 750 PA (Free for 1st year) Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare AxisDirect vs Reliance Securities vs TradeSmart on Plan Options

Plans are the most important feature you look when compare AxisDirect vs Reliance Securities vs TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers offers Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - All 3 brokers don't have Monthy Plans.

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

Account Opening

  Zerodha Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare AxisDirect vs Reliance Securities vs TradeSmarton Brokerage Charges

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

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

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 AxisDirect vs Reliance Securities vs TradeSmart
Brokerage Charges Compare AxisDirect Reliance Securities TradeSmart
Plan Name Fixed Brokerage Trading Plan (Percentage Based) R-FIXED Online Brokerage Plan (Percentage Based) Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery 0.50% (Each leg) 0.50% Flat Fee Rs 15
Equity Intraday 0.05% (Each leg) 0.05% Flat Fee Rs 15
Equity Futures 0.05% (Each leg) 0.05% Flat Fee Rs 15
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs 100 Per Lot Flat Fee Rs 15
Currency Futures 0.05% (Each Leg) 0.05% Flat Fee Rs 15
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p Rs 100 Per Lot Flat Fee Rs 15
Commodity Trading Futures: 0.03% (Each leg)| Options: Rs. 50 per lot Future: 0.05%| Options: Rs 100 per lot Flat Fee Rs 15
Minimum Brokerage 5 paise per share
Hidden Charges No No
Call & Trade Charges Free 20 calls per month, and after Rs. 20 per order Rs 20 per call (Free First 20 call per month) Rs 20 per executed Order
Auto Square off Charges 20 calls Free and after that Rs 20 per call Free First 20 call PM and Rs 20 their onwards. Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for Reliance Securities Brokerage Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare AxisDirect vs Reliance Securities vs TradeSmart on Transaction Charges

Compare AxisDirect vs Reliance Securities vs TradeSmart on transaction charges and PCM fee by segment.

Transaction Charges - Compare AxisDirect vs Reliance Securities vs TradeSmart
Transaction Charges Compare AxisDirect Reliance Securities TradeSmart
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
Brokerage Charges Complete Brokerage Plans for axisdirect Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for trade-smart-online
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Account Features

Compare AxisDirect vs Reliance Securities vs TradeSmart on Account Features

Compare AxisDirect vs Reliance Securities vs TradeSmart 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 Reliance Securities and TradeSmart offers only 2-in-1 account which includes trading and demat account. Margin Funding - AxisDirect and Reliance Securities offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - AxisDirect and Reliance Securities offers NRI Trading where TradeSmart doesn't offers NRI Trading.

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

Compare AxisDirect vs Reliance Securities vs TradeSmarton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect vs Reliance Securities vs TradeSmart. 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 AxisDirect vs Reliance Securities vs TradeSmart
Trading Platform Compare AxisDirect Reliance Securities TradeSmart
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://login.axisdirect.in/

http://tick.rsec.co.in/

https://sine.tradesmartonline.in/userMaster/login

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App AxisDirect Ring Mobile App TICK PRO Sine
Mobile Trading App Demo AxisDirect Ring Mobile App Demo TICK PRO Demo Sine Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod AxisDirect Ring Mobile App Download Andriod TICK PRO Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS AxisDirect Ring Mobile App Download iOS TICK PRO Download iOS Sine Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for AxisDirect Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare AxisDirect vs Reliance Securities vs TradeSmart on User Rating

  AxisDirect Reliance Securities TradeSmart
  20 Customer Reviews    Rate AxisDirect 52 Customer Reviews    Rate Reliance Securities 34 Customer Reviews    Rate TradeSmart
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating AxisDirect is Rated 0.7 / 5 based on 20 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare AxisDirect vs Reliance Securities vs TradeSmart on Investment Offerings

Compare AxisDirect vs Reliance Securities vs 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - AxisDirect and Reliance Securities offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Reliance Securities offers PMS facility where AxisDirect and TradeSmart doesn't offers PMS facility.

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

Compare AxisDirect vs Reliance Securities vs TradeSmart on Order Types

Order Type - Compare AxisDirect vs Reliance Securities vs TradeSmart 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 doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - AxisDirect offers Good Till Cancelled (GTC) orders facility where Reliance Securities and TradeSmart doesn't provides GTC.

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

Compare AxisDirect vs Reliance Securities vs TradeSmart on Customer Service

Compare AxisDirect vs Reliance Securities vs TradeSmart 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 Support - Compare AxisDirect vs Reliance Securities vs TradeSmart
Customer Service Compare AxisDirect Reliance Securities TradeSmart
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes Yes No
Through Branches Yes Yes No
Customer Care Number 022-61480808 022 41596000 | 022 62436000 022 61208000
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://www.reliancesmartmoney.com/Insights https://help.tradesmartonline.in/
Head Office Address Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website https://simplehai.axisdirect.in https://www.reliancesmartmoney.com https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare AxisDirect vs Reliance Securities vs TradeSmart on Research Reports, Tips

Compare AxisDirect vs Reliance Securities vs TradeSmart on research reports and tips provided by broker.

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

Compare AxisDirect vs Reliance Securities vs TradeSmart on Demat Account

Compare AxisDirect vs Reliance Securities vs TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare AxisDirect vs Reliance Securities vs TradeSmart
  AxisDirect Reliance Securities TradeSmart
DP Source CDSL CDSL CDSL
DP ID 49200 41400 30400
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹300 pa ₹300 pa
Advance Deposit Nil Nil NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹10 0.04% (Min ₹27) + CDSL charges ₹25
Demat ₹3 per certificate ₹5 per certificate + ₹30 request charges ₹500 per certificate (Min ₹500 per request)
Remat ₹10 for every hundred securities (Min ₹10) ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹500 per certificate (Min ₹500 per request)
Pledge Creation ₹25 0.05% of transaction value (Min ₹30) ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation ₹25 0.05% of transaction value (Min ₹30) Nil
Pledge Closure ₹25 0.05% of transaction value (Min ₹30) ₹200 per script
Pledge Closure Confirmation ₹25 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation Nil 0.05% of transaction value (Min ₹30) ₹200 per script
Failed Instruction Charges Nil Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare AxisDirect vs Reliance Securities vs TradeSmart on Special Offers and Promotion

Compare AxisDirect vs Reliance Securities vs TradeSmart on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare AxisDirect vs Reliance Securities vs TradeSmart on Special Offers and Promotion
  AxisDirect Reliance Securities TradeSmart
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
Likes
  • 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...

  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

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
  • 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...

  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

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 Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Free Account Opening, Rs 400 Waived for a limited time.
Enquire for AxisDirect Enquire for Reliance Securities Enquire for TradeSmart

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