Paytm Money vs Tradesmart Online – Compare Charges, Trading Features, Offers & more

Find a Comparison of Paytm Money vs Tradesmart Online here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Paytm Money and Tradesmart Online.

Background

Year of Incorporation 2017 2015
Website https://www.paytmmoney.com/ https://tradesmartonline.in/
Phone 07612796277 022-61208000
Exchanges enabled BSE, NSE NSE, BSE
Demat (NSDL/CDSL) CDSL CDSL
Brokerage

Equity 2.5% or Rs 20 per executed order, whichever is lower Rs 15 or 0.07% per executed order
Equity Futures 0.02% or Rs 20 per executed order, whichever is lower Rs 15 or 0.07% per executed order
Equity Options Rs 20 per lot Rs 7 per lot
Currency Futures Not Available R15 or 0.07% of Turnover
Currency Options Not Available Rs 7 per lot
Commodity Not Available Rs 7 per lot
Account Opening Costs

Trading only Rs 200 Rs 400
Trading & Demat Rs 200 Rs 400
Commodity Not Available NA
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.0035% of Turnover
Futures 0.003% of Turnover 0.0024% of Turnover
Options 0.05% 0.0715% of Premium Turnover
Commodities Not Available NA
AMC charge Rs 0 Rs 300/yr
DP Transaction Charge Rs. 13.5/- per sell transaction Rs 15/debit instruction
Offline order placing Charge 0 Rs 20/executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes 5 days on NOW
End of Day Yes 10 days on NOW
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 4x for Intraday 5x for intraday
Equity Futures Upto 2x for intraday 2x for intraday
Equity Options 1x No Margin
Currency Futures Not Available 2x for intraday
Currency Options Not Available No Margin
Commodity Not Available 1x
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Not Available Rs 4 Lakhs
Profit after Tax FY12/13 Not Available Rs 17 Lakhs
Profit after Tax FY13/14 Not Available Rs 23 Lakhs
Profit after Tax FY 14/15 Not Available Rs 23.14 Lakh
Profit after Tax FY 15/16 Not Available Rs 33.53 Lakh
Profit after Tax FY 16/17 Not Available Rs 35.78 Lakh
Profit after Tax FY 17/18 Rs -1490.47 Crores Rs 38.81 Lakh
Profit after Tax FY 18/19 Rs -2,325.10 Crores Rs 40.22 Lakh
Profit after Tax FY 19/20 Rs -1,855.80 Crores Rs 46.22 Lakh
Profit after Tax FY 20/21 Rs -1,672.50 Crores Rs 49.57 Lakh
Profit after Tax FY 21/22 Rs -1,476.20 Crores Rs 54.47 Lakh
Profit after Tax FY 22/23 Rs 170 Crores Rs 66.68 Lakh
Debt FY11/12 Not Available Rs 8.7 Lakhs
Debt FY12/13 Not Available Rs 6 Lakhs
Debt FY13/14 Not Available Rs 3.05 Crores
Debt FY14/15 Not Available Rs 4.69 Crore
Debt FY15/16 Not Available Rs 4.26 Crore
Debt FY16/17 Not Available Rs 3.27 Crore
Debt FY17/18 Rs 8.96 Crores Rs 4.20 Crore
Debt FY18/19 Rs 17.64 Lakhs Rs 4.03 Crore
Debt FY19/20 Rs 24.17 Crores Rs 4.04 Crore
Debt FY20/21 Rs 22.46 Lakhs Rs 4.77 Crore
Debt FY21/22 Rs 24.41 Lakhs Rs 4.07 Crore
Debt FY22/23 Rs 36.35 Lakhs Rs 3.81 Crore
Profit to Equity(%) FY11/12 Not Available 0.99
Profit to Equity(%) FY12/13 Not Available 2.63
Profit to Equity(%) FY13/14 Not Available 3.54
Profit to Equity(%) FY14/15 Not Available 7.67
Profit to Equity(%) FY15/16 Not Available 5.79
Profit to Equity(%) FY16/17 Not Available 5.11
Profit to Equity(%) FY17/18 7.40 8.16
Profit to Equity(%) FY18/19 11.34 5.10
Profit to Equity(%) FY19/20 13.57 8.87
Profit to Equity(%) FY20/21 20.75 5.50
Profit to Equity(%) FY21/22 15.31 7.42
Profit to Equity(%) FY22/23 19.17 6.08
Balance Sheet Size FY11/12 Not Available Rs 9.26 Crores
Balance Sheet Size FY12/13 Not Available Rs 9.28 Crores
Balance Sheet Size FY13/14 Not Available Rs 22.35 Crores
Balance Sheet Size FY14/15 Not Available Rs 24.88 Crore
Balance Sheet Size FY15/16 Not Available Rs 27.85 Crore
Balance Sheet Size FY16/17 Not Available Rs 43.79 Crore
Balance Sheet Size FY17/18 Rs 3952.01 Crore Rs 38.20 Crore
Balance Sheet Size FY18/19 Rs 10,751.75 Crores Rs 31.09 Crore
Balance Sheet Size FY19/20 Rs 14,542.33 Crores Rs 45.13 Crore
Balance Sheet Size FY20/21 Rs 16,356.60 Crores Rs 36.75 Crore
Balance Sheet Size FY21/22 Rs 15,636.40 Crores Rs 42.25 Crore
Balance Sheet Size FY22/23 Rs 14,988.80 Crores Rs 23.91 Crore

Comparison Link:

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Frequently Asked Questions

Is Paytm Money better than Tradesmart Online ?

Paytm Money and Tradesmart Online are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Tradesmart Online better than Paytm Money ?

Paytm Money and Tradesmart Online are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Paytm Money cheaper than Tradesmart Online ?

Paytm Money and Tradesmart Online are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Tradesmart Online cheaper than Paytm Money ?

Paytm Money and Tradesmart Online are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Paytm Money vs. Tradesmart Online ?

To find out the better of the two stockbrokers Paytm Money and Tradesmart Online, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.