ResourceStock Brokers
Zerodha Vs TradeSmart: Which one is better?
Last updated August 26, 2026
This IPO News reference page covers “Zerodha Vs TradeSmart: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare zerodha vs tradesmart on service, account opening charges and amc, compare zerodha vs tradesmart on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare Zerodha vs TradeSmart on Service
- Account Opening Charges and AMC
- Compare Zerodha vs TradeSmart on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Zerodha vs TradeSmart on Plan Options
- Account Opening
- Brokerage Charges
- Compare Zerodha vs TradeSmart on Transaction Charges
- Share Broker's Transaction Charges
- Account Features
- Compare Zerodha vs TradeSmart on Account Features
- Trading Platform
- Compare Zerodha vs TradeSmart on Trading Platform
- Broker Ratings by Users
- Compare Zerodha vs TradeSmart on User Rating
- Investment Offerings
- Compare Zerodha vs TradeSmart on Investment Offerings
- Margin Trading Facility
- Compare Zerodha vs TradeSmart on MTF
- API
- Compare Zerodha vs TradeSmart on API Details
- Customer Service Offered
- Compare Zerodha vs TradeSmart on Customer Service
- Tips/Research/Reports Published
- Compare Zerodha vs TradeSmart on Research Reports, Tips
- Demat Account
- Compare Zerodha vs TradeSmart on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Zerodha vs TradeSmart on Special Offers and Promotion
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Both the brokers are registered with SEBI. Zerodha offers investmenet in Equity, F&O, Currency and Commodities, where TradeSmart offers investment in Equity, F&O and Currency only.
- Brokerage: Zerodha Max Rs 20 per trade vs TradeSmart Max Rs 15 per trade.
- Rating: Zerodha 4.5/5 (higher) vs TradeSmart 4/5.
- Here we present side-by-side comparison of Zerodha vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
- Both brokers charge Rs 300 PA (Free for 1st year) AMC for Demat Account.
- Transaction charges on debit of ISIN for Zerodha is ₹8 + ₹5.50 (CDSL Charges) per transaction where for TradeSmart is ₹15.You can see this charges on debit of Equity/Mutual Funds from your demat account.
- Lowest brokerage: Trade at 15 flat brokerage fees.
- Online Direct mutual fund investment at Rs.0 brokerage.
- 💹 Max ₹20 per Order Brokerage on Intraday, F&O, Commodities & Currency
- 📱 Kite & Coin – #1 Trading Platform & Mobile App
- 💹 Lowest Brokerage – Flat ₹15 per Order or 0.007%
- Last Updated on Wed, May 20, 2026
Data Tables
| Segment |
Zerodha |
TradeSmart |
| Trading Account Opening Fees |
Free |
Free |
| Trading AMC |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
| Demat AMC |
Rs 300 PA (Free for 1st year) |
Rs 300 PA (Free for 1st year) |
| Provide DP Service |
Yes |
Yes |
| Plan Types |
Zerodha |
TradeSmart |
| Multiple Plans |
No |
Yes |
| Monthly Plans |
No |
No |
| Yearly Plans |
No |
No |
|
Zerodha |
TradeSmart |
| Account Opening Request |
Open Zerodha Account |
|
| Brokerage Charges Compare |
Zerodha |
TradeSmart |
| Plan Name |
Rs 20 Plan |
Flat Fee Rs 15 Trading Plan (Power Plan) |
| Equity Delivery |
Free |
Flat Fee Rs 15 |
| Equity Intraday |
0.03% or Rs 20 |
Flat Fee Rs 15 |
| Equity Futures |
0.03% or Rs 20 |
Flat Fee Rs 15 |
| Equity Options |
Flat Fee Rs 20 |
Flat Fee Rs 15 |
| Currency Futures |
0.03% or Rs 20 |
Flat Fee Rs 15 |
| Currency Options |
Flat Fee Rs 20 |
Flat Fee Rs 15 |
| Commodity Trading |
Flat Fee Rs 20 |
Flat Fee Rs 15 |
| Minimum Brokerage |
|
|
| Hidden Charges |
No |
No |
| Call & Trade Charges |
Rs 50 Per Executable Order |
Rs 20 per executed Order |
| Auto Square off Charges |
Rs 50 Per Executable Order |
Rs 20 per executed Order |
| Brokerage Calculator |
Brokerage Calculator for Zerodha |
Brokerage Calculator for TradeSmart |
| Transaction Charges Compare |
Zerodha |
TradeSmart |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Intraday |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
| Equity Options |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
| Currency Options |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for zerodha |
Complete Brokerage Plans for trade-smart-online |
| Account Features Compare |
Zerodha |
TradeSmart |
| 3 in 1 Account |
No |
No |
| Charting |
Yes |
Yes |
| Algo Trading |
Yes |
Yes |
| SMS Alerts |
No |
No |
| Online Demo |
Yes |
Yes |
| Online Portfolio |
Yes |
No |
| Margin Trading Funding Available |
Yes |
No |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
| Intraday Square-off Time |
3:20 PM |
3:15PM |
| NRI Trading |
Yes |
No |
| Other Features |
NIL |
NIL |
| Trading Platform Compare |
Zerodha |
TradeSmart |
| Web Trading Platform |
Yes |
Yes |
| Web Trading Detail |
Zerodha Kite Web |
https://web.tradesmartonline.in/login |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
| Mobile Trading App |
Zerodha Kite App |
TradeSmart 2.0 |
| Mobile Trading App Demo |
Zerodha Kite App |
TradeSmart 2.0 |
| Android Mobile App |
Yes |
Yes |
| Android App Download |
Android Zerodha Kite App Download |
Android TradeSmart 2.0 Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
| iOS App Download |
iOS Zerodha Kite App Download |
iOS TradeSmart 2.0 Download |
| Android Tablet App |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
| Trading Software Charges |
Free |
Free |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for Zerodha |
Equity Intraday and Delivery Brokerage Calculator for TradeSmart |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Zerodha |
Futures Brokerage Calculator for TradeSmart |
| Options Brokerage Calculator |
Option Brokerage Calculator for Zerodha |
Option Brokerage Calculator for TradeSmart |
| Detail |
Detail on Trading Platforms for Zerodha |
Detail on Trading Platforms for TradeSmart |
|
Zerodha |
TradeSmart |
|
163 Customer reviews Rate |
35 Customer reviews Rate |
| Fees Ratings |
4.0 |
3.8 |
| Trading Brokerage Rating |
4.4 |
4.3 |
| Trading Platform Usability |
3.7 |
3.7 |
| Customer Service Ratings |
3.8 |
4.0 |
| Overall Rating |
3.9 |
3.9 |
| Broker Rating |
Zerodha is Rated 3.9 / 5 based on 163 customer reviews |
TradeSmart is Rated 3.9 / 5 based on 35 customer reviews |
| Investment Offerings Compare |
Zerodha |
TradeSmart |
| Equity Cash and F&O |
Yes |
Yes |
| Currency Derivatives |
Yes |
Yes |
| Commodity |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
| Bonds / NCD |
Yes |
Yes |
| ETF |
Yes |
Yes |
| Banking |
No |
No |
| Insurance |
No |
No |
| Forex |
No |
No |
| MF SIP Investment |
Yes |
Yes |
| Equity SIP Investment |
Yes |
No |
| PMS Service |
No |
No |
| Other Investment Options |
NIL |
NIL |
| MTF Compare |
Zerodha |
TradeSmart |
| MTF Leverage |
Upto 5x leverage on 1300+ stocks |
Up to 4x leverage |
| MTF Interest Rate |
0.04% per day (14.6% per annum) |
0.049% per day |
| MTF Segment |
Equity Delivery (NSE) |
Equity Delivery |
| MTF Pledge Charges |
₹15 per ISIN |
₹12 per scrip |
| MTF Unpledged Charges |
₹15 per ISIN |
₹12 per scrip |
| Maximum MTF Funding |
₹50 crore per account |
₹50 Lakh per account |
| API Compare |
Zerodha |
TradeSmart |
| API Type |
Trading API Market Data API (Websocket API) Historical Data API Publisher API |
Trading API Market Data API WebSocket API Webhook API Advanced order API |
| API Charges |
Kite Connect API: Rs 500 per month Personal: Free |
Free |
| Customer Service Compare |
Zerodha |
TradeSmart |
| 24/7 Customer Service |
No |
No |
| Email Support |
Yes |
Yes |
| Online Live Chat |
No |
Yes |
| Phone Support |
Yes |
Yes |
| Toll Free Number |
No |
No |
| Through Branches |
Yes |
No |
| Customer Care Number |
"+ 91 80 4040 2020" |
022 61208000 |
| Account Opening Process |
Online/Paperless |
Online/Paperless |
| Customer Support Email |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://zerodha.com/varsity/ |
https://help.tradesmartonline.in/ |
| Head Office Address |
Zerodha Headquater#153/154 4th Cross Dollars Colony,Opp. Clarence Public School,J.P Nagar 4th Phase,Bangalore – 560078 |
Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
| Website |
https://zerodha.com/ |
https://tradesmartonline.in/ |
|
Zerodha |
TradeSmart |
| Research Mutual Funds |
No |
No |
| Research Equity Reports |
No |
No |
| Research ETF |
No |
No |
| Daily Market Report |
No |
No |
| Free Tips |
No |
No |
| Quarterly Result Analysis |
No |
No |
| News Alerts |
No |
No |
|
Zerodha |
TradeSmart |
| DP Source |
CDSL |
CDSL |
| DP ID |
81600 |
30400 |
| Demat Account Annual Maintenance Charges(AMC) |
₹300 pa |
₹300 pa (1st Year Free) |
| Advance Deposit |
Nil |
NIL |
| Statutory charges |
₹50 |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹8 + ₹5.50 (CDSL Charges) per transaction |
₹15 |
| Demat |
₹150 per certificate + ₹100 courier charges |
₹500 per certificate (Min ₹500 per request) |
| Remat |
₹150 per certificate + ₹100 courier charges + CDSL Charges |
₹500 per certificate (Min ₹500 per request) |
| Pledge Creation |
₹20 + ₹12 CDSL charges |
₹15 per script |
| Pledge Creation Confirmation |
Nil |
Nil |
| Pledge Closure |
₹20 + ₹12 CDSL charges |
₹15 per script |
| Pledge Closure Confirmation |
Nil |
Nil |
| Pledge Invocation |
₹20 |
Nil |
| Failed Instruction Charges |
₹50 per instraction |
Nil |
| Other Charges |
Nil |
Nil |
|
Zerodha |
TradeSmart |
| Likes |
Enjoys a credible brand reputation Multiple products: Equity, F&O, IPO, MF, Bonds, G-secs, Cost-effective trading with flat fee and free investment in stocks, IPO, and mutual funds Hassle-free account opening Single margin account to trade in equity and commodity Zero minimum balance required in the Zerodha trading account Technologically advanced trading platforms and tools at no additional cost Add-on features like GTT order, alert trigger order, trade from charts, etc. Margin Trading Facility (MTF) Debt-free company 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:TradeSmart Mobile App, Desktop and web. 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 |
Zerodha does not offer trading tips, research and advisory services. Software glitches in kite happen certain times. Zero brokerage unlimited trading plan is not offered. Detail Review… |
There are several disadvantages or limitations as well of trading with TradeSmart such as follows; You cannot invest in SME IPOs. 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 |
🎯 Current Promotion Offer from Zerodha for InvestorGain Visitors: 🆓 Free Account Opening 📈 Free Delivery Trading 💹 Max ₹20 per Order Brokerage on Intraday, F&O, Commodities & Currency 💰 Free Direct Mutual Funds & IPO Investment 📱 Kite & Coin – #1 Trading Platform & Mobile App 🚀 Open Instant Zerodha Account |
🔴 Current Promotion from TradeSmart for InvestorGain Visitors: 🆓 Free Account Opening 📭 Zero Demat AMC for the 1st Year 💹 Lowest Brokerage – Flat ₹15 per Order or 0.007% 🚀 Open Instant TradeSmart Account |
| Enquiry |
Open Zerodha Account Now |
|
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