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The brokerage of TradeSmart ranges between Rs 15, the brokerage of Upstox ranges between Rs 20, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker TradeSmart and Upstox are a discount brokers where AxisDirect is a full service broker. Overall rating for TradeSmart is 4, Upstox is rated 4.5, AxisDirect is rated 3.5 out of 5.
Here we present side-by-side comparison of TradeSmart vs Upstox vs AxisDirect 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 Upstox vs AxisDirect 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 Upstox vs AxisDirect in this setion with 360 degree view of broker information.
 TradeSmart |
 Upstox |
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| Broker Type | Discount Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX | 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. | Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. | 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...  |
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In this section we have compared TradeSmart vs Upstox vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - TradeSmart charges Rs 200 for account opening, Upstox charges Promotion offer: Free for account opeing, and AxisDirect charges Rs 999 for account opeing. Demat AMC charges - TradeSmart charges Rs 300 PA as AMC for Demat account, Upstox charges Free AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
| Charges | TradeSmart | Upstox | AxisDirect |
|---|---|---|---|
| Trading Account Opening Fees | Rs 200 | Promotion offer: Free | Rs 999 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Rs 200 | Free | Free |
| Demat AMC | Rs 300 PA | Free | Rs 750 PA (Free for 1st year) |
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Plans are the most important feature you look when compare TradeSmart vs Upstox vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart and AxisDirect offers Multiple Plans where Upstox doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | TradeSmart | Upstox | AxisDirect |
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| Multiple Plans | |
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| Zerodha | Upstox | Zerodha | |
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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.
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
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 | Upstox | AxisDirect |
|---|---|---|---|
| Plan Name | Flat Fee Rs 15 Trading Plan (Power Plan) | Max Rs 20 Per Order Trading Plan | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | Flat Fee Rs 15 | 2.5% or Rs 20 whichever is lower | 0.50% (Each leg) |
| Equity Intraday | Flat Fee Rs 15 | 0.05% or Rs 20 whichever is lower | 0.05% (Each leg) |
| Equity Futures | Flat Fee Rs 15 | 0.05% or Rs 20 whichever is lower | 0.05% (Each leg) |
| Equity Options | Flat Fee Rs 15 | Flat Fee Rs 20 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | Flat Fee Rs 15 | 0.05% or Rs 20 whichever is lower | 0.05% (Each Leg) |
| Currency Options | Flat Fee Rs 15 | Flat Fee Rs 20 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading | Flat Fee Rs 15 | Flat Fee Rs 20 | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage | |||
| Hidden Charges | No | Info Not Available | |
| Funding | No | Info Not Available | Yes - 18% interest PA |
| Call & Trade Charges | Rs 20 per executed Order | Rs 50 + 18% GST | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | Rs 20 per executed Order | Rs 50 + 18% GST | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for TradeSmart | Brokerage Calculator for Upstox | Brokerage Calculator for AxisDirect |
Compare TradeSmart vs Upstox vs AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | TradeSmart | Upstox | AxisDirect |
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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 360 Per Cr | Agri: Rs 275 Per Cr | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | |
| Brokerage Charges | Complete Brokerage Plans for trade-smart-online | Complete Brokerage Plans for upstox | Complete Brokerage Plans for axisdirect |
Compare TradeSmart vs Upstox vs AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox and AxisDirect offers 3-in-1 Account where TradeSmart offers only 2-in-1 account which includes trading and demat account. Margin Funding - Upstox and AxisDirect offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - AxisDirect offers NRI Trading where TradeSmart and Upstox doesn't offers NRI Trading.
| Account Features Compare | TradeSmart | Upstox | AxisDirect |
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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 Demo | |
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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 | 3:15PM | 3:15PM | 2:45 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 Upstox vs AxisDirect. 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 | Upstox | AxisDirect |
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| Desktop Trading Platform | NEST Trader & Fox Trader | Upstox Pro | Ring |
| Desktop Demo | Desktop Demo | Info Not Available | Desktop Demo |
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| Web Trading Platform | |
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| Web Trading Detail |
https://sine.tradesmartonline.in/userMaster/login |
https://pro.upstox.com/ |
https://login.axisdirect.in/ |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | Sine | Upstox | AxisDirect Ring Mobile App |
| Mobile Trading App Demo | Sine Demo | Upstox Demo | AxisDirect Ring Mobile App Demo |
| Android Mobile App | |
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| Android App Download | Andriod Sine Download | Andriod Upstox Download | Andriod Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS Sine Download | iOS Upstox Download | iOS AxisDirect Ring Mobile App Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| Trading Software Charges | Free | Free | Yes, DirectTrade - Rs 2999 PA |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for TradeSmart | Equity Intraday and Delivery Brokerage Calculator for Upstox | Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator | Futures Brokerage Calculator for TradeSmart | Futures Brokerage Calculator for Upstox | Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator | Options Brokerage Calculator for TradeSmart | Options Brokerage Calculator for Upstox | Options Brokerage Calculator for AxisDirect |
| Detail | Detail on Trading Platforms for trade-smart-online | Detail on Trading Platforms for upstox | Detail on Trading Platforms for axisdirect |
| TradeSmart | Upstox | AxisDirect | ||
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34 Customer Reviews
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12 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 | Upstox is Rated 3.7 / 5 based on 12 customer reviews | AxisDirect is Rated 2.3 / 5 based on 6 customer reviews |
Compare TradeSmart vs Upstox vs 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 - 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 - Upstox and AxisDirect 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 | Upstox | AxisDirect |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare TradeSmart vs Upstox vs AxisDirect 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) - TradeSmart and Upstox provides Bracket Orders (BO) facility where AxisDirect doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Upstox and AxisDirect offers Good Till Cancelled (GTC) orders facility where TradeSmart doesn't provides GTC.
| Order Type Compare | TradeSmart | Upstox | AxisDirect |
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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 TradeSmart vs Upstox vs AxisDirect 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 | Upstox | AxisDirect |
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| 24/7 Customer Service | |
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| Customer Care Number | 022 61208000 | +91 22 6130 9999 | 022-61480808 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://help.tradesmartonline.in/ | https://upstox.com/help-center/ | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address | Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 |
Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website | https://tradesmartonline.in/ | https://upstox.com/ | https://simplehai.axisdirect.in |
Compare TradeSmart vs Upstox vs AxisDirect on research reports and tips provided by broker.
| TradeSmart | Upstox | AxisDirect | |
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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 TradeSmart vs Upstox vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| TradeSmart | Upstox | AxisDirect | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 30400 | 81800 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | ₹300 PA | ₹500 pa |
| Advance Deposit | NIL | NIL | Nil |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹25 | ₹13 + ₹5.50 CDSL charges | ₹10 |
| Demat | ₹500 per certificate (Min ₹500 per request) | ₹20 + ₹50 courier charges | ₹3 per certificate |
| Remat | ₹500 per certificate (Min ₹500 per request) | ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | ₹200 per script ₹50 for trading margin each side |
0.02% of the transaction value (Min ₹50) + CDSL charges | ₹25 |
| Pledge Creation Confirmation | Nil | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹25 |
| Pledge Closure | ₹200 per script | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹25 |
| Pledge Closure Confirmation | Nil | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹25 |
| Pledge Invocation | ₹200 per script | 0.05% of the transaction value (Min ₹50) | Nil |
| Failed Instruction Charges | Nil | ₹50 | Nil |
| Other Charges | Nil | Nil | Nil |
Compare TradeSmart vs Upstox vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| TradeSmart | Upstox | AxisDirect | |
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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 funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro Pau-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 | Up to 24 Hrs except Bank Holidays. | Max 24 hrs except bank holidays | Instant to Axis Bank. |
| Bank Supported and Charges | Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. | Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. | NA |
| 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 |
HDFC Bank Account Name - RKSV SECURITIES INDIA PVT.LTD. Account Number -00600340067574 Account Type - Current Account IFSC Code- HDFC0000060 |
Direct from your Axis bank account. |
| Likes |
Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
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Before you open an Upstox account, check out the advantages on why to trade with Upstox.
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| Dislikes |
There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
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There are some setbacks or disadvantages also while trading with Upstox;
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| Special Offers/Promo | Free Account Opening, Rs 400 Waived for a limited time. | Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs | Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. |
| Enquire for TradeSmart | Enquire for Upstox | Enquire for AxisDirect |
Last Updated on 2023-09-01T03:17:59+00:00
