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AxisDirect Vs Finvasia Vs TradeSmart: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of Finvasia ranges between Rs 0, while the brokerage of TradeSmart ranges between Rs 15. The broker Finvasia and TradeSmart are a discount brokers where AxisDirect is a full service broker. Overall rating for AxisDirect is 3.5, Finvasia is rated 4, TradeSmart is rated 4 out of 5.

Here we present side-by-side comparison of AxisDirect vs Finvasia 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 Finvasia 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 Finvasia vs TradeSmart in this setion with 360 degree view of broker information.

Compare AxisDirect vs Finvasia vs TradeSmart on Service

  AxisDirect Compare
AxisDirect
Finvasia Compare
Finvasia
TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE BSE, NSE, MCX, NCDEX 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 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...Know more about Finvasia 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 Finvasia vs TradeSmart on Trading & Demat Account Opening Charges

In this section we have compared AxisDirect vs Finvasia vs TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - AxisDirect charges Rs 999 for account opening, Finvasia charges Free 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, Finvasia charges Free AMC for Demat account, where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs Finvasia vs TradeSmart
Charges AxisDirect Finvasia TradeSmart
Trading Account Opening Fees Rs 999 Free Rs 200
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Rs 200
Demat AMC Rs 750 PA (Free for 1st year) Free Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare AxisDirect vs Finvasia vs TradeSmart on Plan Options

Plans are the most important feature you look when compare AxisDirect vs Finvasia vs TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect and TradeSmart offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare AxisDirect vs Finvasia vs TradeSmart on Plan Options
Plan Types AxisDirect Finvasia TradeSmart
Multiple Plans Yes No 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 Finvasia 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.

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.

Brokerage Charges - Compare AxisDirect vs Finvasia vs TradeSmart
Brokerage Charges Compare AxisDirect Finvasia TradeSmart
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Zero Brokerage Trading Plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery 0.50% (Each leg) Rs 0 Flat Fee Rs 15
Equity Intraday 0.05% (Each leg) Rs 0 Flat Fee Rs 15
Equity Futures 0.05% (Each leg) Rs 0 Flat Fee Rs 15
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs 0 Flat Fee Rs 15
Currency Futures 0.05% (Each Leg) Rs 0 Flat Fee Rs 15
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p Rs 0 Flat Fee Rs 15
Commodity Trading Futures: 0.03% (Each leg)| Options: Rs. 50 per lot Rs 0 Flat Fee Rs 15
Minimum Brokerage NA
Hidden Charges No No
Call & Trade Charges Free 20 calls per month, and after Rs. 20 per order Free Rs 20 per executed Order
Auto Square off Charges 20 calls Free and after that Rs 20 per call Free Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for Finvasia Brokerage Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare AxisDirect vs Finvasia vs TradeSmart on Transaction Charges

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

Transaction Charges - Compare AxisDirect vs Finvasia vs TradeSmart
Transaction Charges Compare AxisDirect Finvasia 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 finvasia Complete Brokerage Plans for trade-smart-online
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Account Features

Compare AxisDirect vs Finvasia vs TradeSmart on Account Features

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

Account Features - AxisDirect vs Finvasia vs TradeSmart
Account Features Compare AxisDirect Finvasia 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 Yes Yes
SMS Alerts Yes No No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 2:45 PM 3:15 PM 3:15PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare AxisDirect vs Finvasia vs TradeSmarton Trading Platform

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

https://login.axisdirect.in/

https://trade.finvasia.com/

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

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App AxisDirect Ring Mobile App SCALPERT Sine
Mobile Trading App Demo AxisDirect Ring Mobile App Demo SCALPERT Demo Sine Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod AxisDirect Ring Mobile App Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS AxisDirect Ring Mobile App Download Info Not Available iOS Sine Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for AxisDirect Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for Finvasia Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for finvasia Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare AxisDirect vs Finvasia vs TradeSmart on User Rating

  AxisDirect Finvasia TradeSmart
  20 Customer Reviews    Rate AxisDirect 17 Customer Reviews    Rate Finvasia 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 Finvasia is Rated 4.2 / 5 based on 17 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare AxisDirect vs Finvasia vs TradeSmart on Investment Offerings

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

Compare AxisDirect vs Finvasia vs TradeSmart on Customer Service

Compare AxisDirect vs Finvasia 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 Finvasia vs TradeSmart
Customer Service Compare AxisDirect Finvasia 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 No No
Through Branches Yes No No
Customer Care Number 022-61480808 Support: +91 9779 097 777/Sales: +91 9098 001 001 022 61208000
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://finvasia.com/announcements https://help.tradesmartonline.in/
Head Office Address Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
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
Website https://simplehai.axisdirect.in https://www.finvasia.com/ https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare AxisDirect vs Finvasia vs TradeSmart on Research Reports, Tips

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

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

Compare AxisDirect vs Finvasia vs TradeSmart on Demat Account

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

Demat Charges - Compare AxisDirect vs Finvasia vs TradeSmart
  AxisDirect Finvasia TradeSmart
DP Source CDSL CDSL CDSL
DP ID 49200 84300 30400
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free ₹300 pa
Advance Deposit Nil Rs 0 NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹10 ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹25
Demat ₹3 per certificate ₹15 per certificate ₹500 per certificate (Min ₹500 per request)
Remat ₹10 for every hundred securities (Min ₹10) ₹15 for every hundred securities + CDSL Charges ₹500 per certificate (Min ₹500 per request)
Pledge Creation ₹25 ₹25 per transaction ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation ₹25 NIL Nil
Pledge Closure ₹25 ₹25 per transaction ₹200 per script
Pledge Closure Confirmation ₹25 NIL Nil
Pledge Invocation Nil ₹19 per transaction ₹200 per script
Failed Instruction Charges Nil ₹49 Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare AxisDirect vs Finvasia vs TradeSmart on Special Offers and Promotion

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

Compare AxisDirect vs Finvasia vs TradeSmart on Special Offers and Promotion
  AxisDirect Finvasia TradeSmart
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...

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;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

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...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

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+Free Demat AMC+Free Trading. Free Account Opening, Rs 400 Waived for a limited time.
Enquire for AxisDirect Enquire for Finvasia Enquire for TradeSmart

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