Trade Smart Online (TSO) is Mumbai based broker specialized in discount brokerage services in stock, commodity and currency trading segments. TSO is part of VNS Finance & Capital Services Ltd; It is a traditional brokerage company incorporated in 1994, offering brokerage service to India Stock & Commodity market investors though franchisee and sub brokers. Trade Smart Online offer brokerage service in Equity, Futures and Options (F&O), Commodities, Currency Derivatives, and Depository though stock exchanges including BSE, NSE, MCX-SX, MCX and NCDEX. It is also offering unlimited trading plans in India.
Trade Smart Online offers trading in Equity Cash and Futures &Options Segment for fixed Rs. 3,999 pm, currency segment for Rs. 1,999 pm and unlimited number of commodity trading for Rs. 3,999 pm.
TSO also offers fixed brokerage of Rs 15 per executed order regardless of trade size in all segments including Commodity Futures, F&O, Cash and Currency.
Trade at 0.007% (or 0.7 paise, whichever is lower) is another popular plan offered by Trade Smart Online. With this plan members can trade at 0.007% brokerage in commodity, currency and equity segments (exception, equity delivery, is charged at 0.07% and options are charged at Rs 7 per lot).
TSO has got a diversified plan for different levels of its customers who come with different trading needs and hence covering all the types of investors. They offer freedom plans for monthly traders, yearly traders, lifetime traders and also a freedom pro plan and ultimate plan.
TSO is best known for its ability to maintain a good broker and investor relationship. TSO is competitive with the rest of the discount brokers in ways of price and execution of trade which is very much reflected on its clients and their trades.
- The transaction fee is the Lowest in the industry.
- Lowest brokerage fee you’ll ever pay.
- Trade in all segments with a single trading terminal.
- Monthly unlimited trading plans.
- Power plan for trading for Rs 15 per executed order.
- Support provided over chat, phone and email.
- No upfront charges or turnover commitment.
- Refer a friend and earn feature.
- Helpful tools like Trailing Stop loss, Bracket Orders and Span Calculator are available for easily manage your trading process anywhere from any device.
- Investment in IPOs, Mutual funds and bonds is not supported.
- Lacking in house research.
Why Trade Smart Online ?
- Rs 15 Per Trade Plan.
- 3 Different monthly brokerage Plans.
- No monthly charges if you’re not trading in that particular month,Pay when you use.
- Flexibility in changing brokerage plans.
- Turnover/Clearing charges are the lowest in the industry.
- No hidden fees or transaction commitment.
- Has Own DP service.
- Live chat, Phone, and email support with customer support team.
- Useful in house Depository service.
- Provides broker services in Equity Trading,Futures Trading,Options Trading,Commodity Trading and Currency Trading
- Automated trading available for members to trade with ease, even if you’re a beginner.
Trading tools in Trade Smart online:
Trader is software provided by Trade smart online to trade in your personal PC. It requires installation and gives you the full access to professional tools and charts available on TSO.
Their software is not only limited to desktop PCs but also available for you to do your trading magic anywhere. You can download their mobile trading apps from play store or app store, windows or blackberry. If you have a smartphone, What you can do with the mobile platform is unlimited.
No installations needed, No need to download anything from any stores, you get the freedom of just trading onto any device with an internet connection and get started.
All the services available on Trade Smart online is provided in their power plan, Equity delivery, Equity Intraday, Equity Futures, Currency Futures, Currency Options, Commodity Trading, Minimum Brokerage, Rs 15 is charged for all the above services. power plan is good for big volume trader. This plan is great for traders who are not a frequent trader. It comes with up to 20x exposure on Equity, 5x.
- Equity Delivery: Rs 15 per executed Order
- Equity Intraday: Rs 15 per executed Order
- Equity Futures: Rs 15 per executed Order
- Equity Options : Rs 15 per executed Order
- Currency Futures: Rs 15 per executed Order
- Currency Options: Rs 15 per executed Order
- Commodity: Rs 15 per executed Order
- Trading Account Opening Charges (One Time): Rs 200
- Demat Account Opening Charges (One Time): Rs 200
- Trading Annual maintenance charges (AMC): NIL
- Demat Account Annual Maintenance Charges (AMC): First Year Free and after that Rs 300 Per Year
- Call & Trade feature is available, It is charged separately as Rs 20 per executed order.
- Physical copies of contract notes can be ordered at additional charge of Rs 20 per contract plus Courier charges.
- Money withdrawals charges apply as per RBI guidelines.
- Standard transaction charges , NSE charges, and statutory levies are charged.
Trade Smart Online (TSO) provides clients a well-rounded offering worth being a client for, especially with its cheapest unlimited trading per Monthy plan for Equity , currency, Commodity and F&O segment. It has been rated with 4 – 5 stars for It’s best Customer support and it’s fully featured and easy to use trading platforms. TSO is worth a try if you are looking for a broker with low transaction fee and good customer support.