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The brokerage of TradeSmart ranges between Rs 15, the brokerage of Groww ranges between Rs 20, while the brokerage of Paytm Money ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for TradeSmart is 4, Groww is rated 4, Paytm Money is rated 4 out of 5.
Here we present side-by-side comparison of TradeSmart vs Groww 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 TradeSmart vs Groww 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 TradeSmart vs Groww vs Paytm Money in this setion with 360 degree view of broker information.
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE | NSE, BSE |
| 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. | Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... |
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 TradeSmart vs Groww vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Groww and Paytm Money offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - TradeSmart charges Rs 300 PA as AMC for Demat account, Groww charges Free AMC for Demat account, where Paytm Money charges Free AMC for Demat account.
| Charges | TradeSmart | Groww | Paytm Money |
|---|---|---|---|
| Trading Account Opening Fees | Rs 200 | Free | Free |
| Trading AMC | Free | Free | Rs 30 per month (Platform fees) |
| Demat Account Opening Fees | Rs 200 | Free | Free |
| Demat AMC | Rs 300 PA | Free | Free |
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Plans are the most important feature you look when compare TradeSmart vs Groww vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart offers Multiple Plans where Groww and Paytm Money doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | TradeSmart | Groww | Paytm Money |
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| Multiple Plans | |
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| Zerodha | Zerodha | Paytm Money | |
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| Account Opening Request |
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.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
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 | TradeSmart | Groww | Paytm Money |
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| Plan Name | Flat Fee Rs 15 Trading Plan (Power Plan) | Flat Brokerage Plan | Flat Brokerage Plan |
| Equity Delivery | Flat Fee Rs 15 | 0.05% or Rs 20 whichever is lower | 2.5% or Rs 20 whichever is lower |
| Equity Intraday | Flat Fee Rs 15 | 0.05% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower |
| Equity Futures | Flat Fee Rs 15 | Flat Fee Rs 20 | 0.02% or Rs 20 whichever is lower |
| Equity Options | Flat Fee Rs 15 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Currency Futures | Flat Fee Rs 15 | Not Available | NA |
| Currency Options | Flat Fee Rs 15 | Not Available | NA |
| Commodity Trading | Flat Fee Rs 15 | Not Available | NA |
| Minimum Brokerage | |||
| Hidden Charges | No | Info Not Available | |
| Funding | No | Info Not Available | NA |
| Call & Trade Charges | Rs 20 per executed Order | Rs 50 Per Executable Order | Rs 100/order +GST |
| Auto Square off Charges | Rs 20 per executed Order | Rs 50 Per Executable Order | Rs 50/order + GST |
| Brokerage Calculator | Brokerage Calculator for TradeSmart | Brokerage Calculator for Groww | Brokerage Calculator for Paytm Money |
Compare TradeSmart vs Groww vs Paytm Money on transaction charges and PCM fee by segment.
| Transaction Charges Compare | TradeSmart | Groww | Paytm Money |
|---|---|---|---|
| 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 360 Per Cr | Agri: Rs 275 Per Cr | NA | NA |
| Brokerage Charges | Complete Brokerage Plans for trade-smart-online | Complete Brokerage Plans for groww | Complete Brokerage Plans for paytm-money |
Compare TradeSmart vs Groww 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 - Groww offers margin funding where TradeSmart and Paytm Money doesn't offers margin funding. NRI Trading - All 3 brokers doesn't offer NRI Trading facility.
| Account Features Compare | TradeSmart | Groww | Paytm Money |
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| 3 in 1 Account | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Portfolio | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:10 PM | 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 TradeSmart vs Groww 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 | TradeSmart | Groww | Paytm Money |
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| Desktop Trading Platform | NEST Trader & Fox Trader | Groww App | Paytm Money |
| Desktop Demo | Desktop Demo | Info Not Available | Info Not Available |
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| Web Trading Platform | |
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| Web Trading Detail |
https://sine.tradesmartonline.in/userMaster/login |
Yes |
Paytm Money Web |
| Web Trading Demo | Web Trading Demo | Info Not Available | Web Trading Demo |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | Sine | Groww App | Paytm Money App |
| Mobile Trading App Demo | Sine Demo | Info Not Available | Paytm Money App Demo |
| Android Mobile App | |
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| Android App Download | Andriod Sine Download | Andriod Groww App Download | Andriod Download |
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| iOS App Download | iOS Sine Download | iOS Groww App Download | iOS Paytm Money App Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| Trading Software Charges | Free | Free | Rs. 30 per month |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for TradeSmart | Equity Intraday and Delivery Brokerage Calculator for Groww | Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
| Futures Brokerage Calculator | Futures Brokerage Calculator for TradeSmart | Futures Brokerage Calculator for Groww | Futures Brokerage Calculator for Paytm Money |
| Options Brokerage Calculator | Options Brokerage Calculator for TradeSmart | Options Brokerage Calculator for Groww | Options Brokerage Calculator for Paytm Money |
| Detail | Detail on Trading Platforms for trade-smart-online | Detail on Trading Platforms for groww | Detail on Trading Platforms for paytm-money |
| TradeSmart | Groww | Paytm Money | ||
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34 Customer Reviews
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8 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 | TradeSmart is Rated 4.0 / 5 based on 34 customer reviews | Groww is Rated 4.3 / 5 based on 8 customer reviews | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews |
Compare TradeSmart vs Groww 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 - TradeSmart offers Commodity Trading where Groww and Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - Groww 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 | TradeSmart | Groww | Paytm Money |
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| Other Investment Options | NIL | NIL |
Order Type - Compare TradeSmart vs Groww 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) - TradeSmart and Paytm Money provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - TradeSmart and Paytm Money provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - TradeSmart and Paytm Money AMO facility where Groww doesn't provides AMO. GTC Orders - Paytm Money offers Good Till Cancelled (GTC) orders facility where TradeSmart and Groww doesn't provides GTC.
| Order Type Compare | TradeSmart | Groww | Paytm Money |
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Compare TradeSmart vs Groww 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 | TradeSmart | Groww | Paytm Money |
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| 24/7 Customer Service | |
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| Customer Care Number | 022 61208000 | 9108800604 | NA |
| Account Opening Process | Online/Paperless | Online | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://help.tradesmartonline.in/ | https://groww.in/academy | https://www.paytmmoney.com/care |
| Head Office Address | Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 | Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
| Website | https://tradesmartonline.in/ | https://groww.in/ | https://www.paytmmoney.com/ |
Compare TradeSmart vs Groww vs Paytm Money on research reports and tips provided by broker.
| TradeSmart | Groww | 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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Compare TradeSmart vs Groww vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details
| TradeSmart | Groww | Paytm Money | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 30400 | No | 12088800 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | Zero | Zero |
| Advance Deposit | NIL | Nil | Nil |
| Statutory charges | Nil | Legal Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹25 | ₹8 + ₹5.50 CDSL charges | ₹10 per ISIN |
| Demat | ₹500 per certificate (Min ₹500 per request) | ₹150 per certificate + courier charges | ₹250 per 100 shares |
| Remat | ₹500 per certificate (Min ₹500 per request) | ₹150 per certificate + courier charges | ₹250 per 100 shares |
| Pledge Creation | ₹200 per script ₹50 for trading margin each side |
₹20 + Rs. 12 per request (CDSL Charges) | ₹32 per ISIN |
| Pledge Creation Confirmation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Closure | ₹200 per script | ₹20 + Rs. 12 per request (CDSL Charges) | ₹32 per ISIN |
| Pledge Closure Confirmation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Invocation | ₹200 per script | ₹20 + Rs. 12 per request (CDSL Charges) | ₹32 per ISIN |
| Failed Instruction Charges | Nil | ₹50 | Nil |
| Other Charges | Nil | Nil | Nil |
Compare TradeSmart vs Groww vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| TradeSmart | Groww | Paytm Money | |
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| 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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww 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 Bank Holidays. | Max 24 hrs except bank holidays | Max 24 hrs except bank holidays |
| Bank Supported and Charges | Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. | Paytm Money allows 190+ Banks. |
| 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 |
Info Not Available | NA |
| Likes |
Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
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| Dislikes |
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, Rs 400 Waived for a limited time. | ||
| Enquire for TradeSmart | Enquire for Groww | Enquire for Paytm Money |
Last Updated on 2023-09-01T03:17:59+00:00
