SBICAP Securities vs Tradesmart Online – Compare Charges, Trading Features, Offers & more

Find a Comparison of SBICAP Securities 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 SBICAP Securities and Tradesmart Online.

Background

Year of Incorporation 2001 2015
Website https://www.sbisecurities.in/ https://tradesmartonline.in/
Phone 1800-209-9345 022-61208000
Exchanges enabled NSE & BSE NSE, BSE
Demat (NSDL/CDSL) CDSL CDSL
Brokerage

Equity 0.05% for Intraday, 0.5% for Delivery Rs 15 or 0.07% per executed order
Equity Futures 0.05% of Turnover Rs 15 or 0.07% per executed order
Equity Options Rs 100 per lot Rs 7 per lot
Currency Futures 0.03% of Turnover R15 or 0.07% of Turnover
Currency Options Rs 30 per lot Rs 7 per lot
Commodity Not Available Rs 7 per lot
Account Opening Costs

Trading only Free Rs 400
Trading & Demat Rs 850 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% of Turnover 0.0035% of Turnover
Futures 0.0019% 0.0024% of Turnover
Options 0.05% of Turnover 0.0715% of Premium Turnover
Commodities Not Available NA
AMC charge Rs 350 per year Rs 300/yr
DP Transaction Charge Rs 21 per debit instruction or 0.01% whichever is lower Rs 15/debit instruction
Offline order placing Charge NIL Rs 20/executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Upto 5 days on ODIN 5 days on NOW
End of Day 5 years on ODIN 10 days on NOW
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x for Intraday, Upto 2 times for Delivery 5x for intraday
Equity Futures No Intraday Leverage 2x for intraday
Equity Options Upto 3x No Margin
Currency Futures No Intraday Leverage 2x for intraday
Currency Options Upto 3x 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 Rs 4.03 Crores Rs 4 Lakhs
Profit after Tax FY12/13 Rs 2.42 Crores Rs 17 Lakhs
Profit after Tax FY13/14 Rs 8.01 Crores Rs 23 Lakhs
Profit after Tax FY 14/15 Rs 7.21 Crores Rs 23.14 Lakh
Profit after Tax FY 15/16 Rs 9.17 Crores Rs 33.53 Lakh
Profit after Tax FY 16/17 Rs 11.16 Crores Rs 35.78 Lakh
Profit after Tax FY 17/18 Rs 12.81 Crores Rs 38.81 Lakh
Profit after Tax FY 18/19 Rs 12.04 Crores Rs 40.22 Lakh
Profit after Tax FY 19/20 Rs 11.30 Crores Rs 46.22 Lakh
Profit after Tax FY 20/21 Rs 14.09 Crores Rs 49.57 Lakh
Profit after Tax FY 21/22 Rs 15.68 Crores Rs 54.47 Lakh
Profit after Tax FY 22/23 Rs 17.89 Crores Rs 66.68 Lakh
Debt FY11/12 Rs 12.46 Lakhs Rs 8.7 Lakhs
Debt FY12/13 Rs 14,51 Lakhs Rs 6 Lakhs
Debt FY13/14 Rs 20.1 Lakhs Rs 3.05 Crores
Debt FY14/15 Rs 26.94 Lakh Rs 4.69 Crore
Debt FY15/16 Rs 29.05 Lakh Rs 4.26 Crore
Debt FY16/17 Rs 23.54 Lakh Rs 3.27 Crore
Debt FY17/18 Rs 30.52 Lakh Rs 4.20 Crore
Debt FY18/19 Rs 33.77 Lakh Rs 4.03 Crore
Debt FY19/20 Rs 27.17 Lakh Rs 4.04 Crore
Debt FY20/21 Rs 33.21 Lakh Rs 4.77 Crore
Debt FY21/22 Rs 33.36 Lakh Rs 4.07 Crore
Debt FY22/23 Rs 30.28 Lakh Rs 3.81 Crore
Profit to Equity(%) FY11/12 6.09 0.99
Profit to Equity(%) FY12/13 6.75 2.63
Profit to Equity(%) FY13/14 10.72 3.54
Profit to Equity(%) FY14/15 8.65 7.67
Profit to Equity(%) FY15/16 12.85 5.79
Profit to Equity(%) FY16/17 12.87 5.11
Profit to Equity(%) FY17/18 14.75 8.16
Profit to Equity(%) FY18/19 12.05 5.10
Profit to Equity(%) FY19/20 15.18 8.87
Profit to Equity(%) FY20/21 15.66 5.50
Profit to Equity(%) FY21/22 17.13 7.42
Profit to Equity(%) FY22/23 18.68 6.08
Balance Sheet Size FY11/12 Rs 127.1 Crores Rs 9.26 Crores
Balance Sheet Size FY12/13 Rs 172.7 Crores Rs 9.28 Crores
Balance Sheet Size FY13/14 Rs 189 Crores Rs 22.35 Crores
Balance Sheet Size FY14/15 Rs 171.25 Crores Rs 24.88 Crore
Balance Sheet Size FY15/16 Rs 141.00 Crores Rs 27.85 Crore
Balance Sheet Size FY16/17 Rs 150.18 Crores Rs 43.79 Crore
Balance Sheet Size FY17/18 Rs 185.99 Crores Rs 38.20 Crore
Balance Sheet Size FY18/19 Rs 212.22 Crores Rs 31.09 Crore
Balance Sheet Size FY19/20 Rs 210.76 Crores Rs 45.13 Crore
Balance Sheet Size FY20/21 Rs 158.79 Crores Rs 36.75 Crore
Balance Sheet Size FY21/22 Rs 211.22 Crores Rs 42.25 Crore
Balance Sheet Size FY22/23 Rs 190.16 Crores Rs 23.91 Crore

Comparison Link:

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Frequently Asked Questions

Is SBICAP Securities better than Tradesmart Online ?

SBICAP Securities 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 SBICAP Securities ?

SBICAP Securities 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 SBICAP Securities cheaper than Tradesmart Online ?

SBICAP Securities 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 SBICAP Securities ?

SBICAP Securities 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 SBICAP Securities vs. Tradesmart Online ?

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