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

Find a Comparison of Tradesmart Online vs Paytm Money 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 Tradesmart Online and Paytm Money.

Background

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

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

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

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

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

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 5x for intraday Upto 4x for Intraday
Equity Futures 2x for intraday Upto 2x for intraday
Equity Options No Margin 1x
Currency Futures 2x for intraday Not Available
Currency Options No Margin Not Available
Commodity 1x Not Available
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 Lakhs Not Available
Profit after Tax FY12/13 Rs 17 Lakhs Not Available
Profit after Tax FY13/14 Rs 23 Lakhs Not Available
Profit after Tax FY 14/15 Rs 23.14 Lakh Not Available
Profit after Tax FY 15/16 Rs 33.53 Lakh Not Available
Profit after Tax FY 16/17 Rs 35.78 Lakh Not Available
Profit after Tax FY 17/18 Rs 38.81 Lakh Rs -1490.47 Crores
Profit after Tax FY 18/19 Rs 40.22 Lakh Rs -2,325.10 Crores
Profit after Tax FY 19/20 Rs 46.22 Lakh Rs -1,855.80 Crores
Profit after Tax FY 20/21 Rs 49.57 Lakh Rs -1,672.50 Crores
Profit after Tax FY 21/22 Rs 54.47 Lakh Rs -1,476.20 Crores
Profit after Tax FY 22/23 Rs 66.68 Lakh Rs 170 Crores
Debt FY11/12 Rs 8.7 Lakhs Not Available
Debt FY12/13 Rs 6 Lakhs Not Available
Debt FY13/14 Rs 3.05 Crores Not Available
Debt FY14/15 Rs 4.69 Crore Not Available
Debt FY15/16 Rs 4.26 Crore Not Available
Debt FY16/17 Rs 3.27 Crore Not Available
Debt FY17/18 Rs 4.20 Crore Rs 8.96 Crores
Debt FY18/19 Rs 4.03 Crore Rs 17.64 Lakhs
Debt FY19/20 Rs 4.04 Crore Rs 24.17 Crores
Debt FY20/21 Rs 4.77 Crore Rs 22.46 Lakhs
Debt FY21/22 Rs 4.07 Crore Rs 24.41 Lakhs
Debt FY22/23 Rs 3.81 Crore Rs 36.35 Lakhs
Profit to Equity(%) FY11/12 0.99 Not Available
Profit to Equity(%) FY12/13 2.63 Not Available
Profit to Equity(%) FY13/14 3.54 Not Available
Profit to Equity(%) FY14/15 7.67 Not Available
Profit to Equity(%) FY15/16 5.79 Not Available
Profit to Equity(%) FY16/17 5.11 Not Available
Profit to Equity(%) FY17/18 8.16 7.40
Profit to Equity(%) FY18/19 5.10 11.34
Profit to Equity(%) FY19/20 8.87 13.57
Profit to Equity(%) FY20/21 5.50 20.75
Profit to Equity(%) FY21/22 7.42 15.31
Profit to Equity(%) FY22/23 6.08 19.17
Balance Sheet Size FY11/12 Rs 9.26 Crores Not Available
Balance Sheet Size FY12/13 Rs 9.28 Crores Not Available
Balance Sheet Size FY13/14 Rs 22.35 Crores Not Available
Balance Sheet Size FY14/15 Rs 24.88 Crore Not Available
Balance Sheet Size FY15/16 Rs 27.85 Crore Not Available
Balance Sheet Size FY16/17 Rs 43.79 Crore Not Available
Balance Sheet Size FY17/18 Rs 38.20 Crore Rs 3952.01 Crore
Balance Sheet Size FY18/19 Rs 31.09 Crore Rs 10,751.75 Crores
Balance Sheet Size FY19/20 Rs 45.13 Crore Rs 14,542.33 Crores
Balance Sheet Size FY20/21 Rs 36.75 Crore Rs 16,356.60 Crores
Balance Sheet Size FY21/22 Rs 42.25 Crore Rs 15,636.40 Crores
Balance Sheet Size FY22/23 Rs 23.91 Crore Rs 14,988.80 Crores

Comparison Link:

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Frequently Asked Questions

Is Tradesmart Online better than Paytm Money ?

Tradesmart Online and Paytm Money 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 better than Tradesmart Online ?

Tradesmart Online and Paytm Money 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 cheaper than Paytm Money ?

Tradesmart Online and Paytm Money 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 Paytm Money cheaper than Tradesmart Online ?

Tradesmart Online and Paytm Money 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 Tradesmart Online vs. Paytm Money ?

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