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

Find a Comparison of Tradesmart Online vs Sharekhan 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 Sharekhan.

Background

Year of Incorporation 2015 2000
Website https://tradesmartonline.in/ https://www.sharekhan.com/
Phone 022-61208000 022-41523200
Exchanges enabled NSE, BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL & CDSL
Brokerage

Equity Rs 15 or 0.07% per executed order 0.03% for Intraday
Equity Futures Rs 15 or 0.07% per executed order 0.03% of Turnover
Equity Options Rs 7 per lot Rs 20 per lot
Currency Futures R15 or 0.07% of Turnover 0.02% per Transaction Value
Currency Options Rs 7 per lot Rs 5 per lot
Commodity Rs 7 per lot Rs 20 per lot
Account Opening Costs

Trading only Rs 400 Free
Trading & Demat Rs 400 Rs 400
Commodity NA Rs 0
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% of Turnover
Futures 0.0024% of Turnover 0.0021% of Turnover
Options 0.0715% of Premium Turnover 0.055% of Premium Turnover
Commodities NA 0.0027% of Turnover
AMC charge Rs 300/yr Rs 400 per year
DP Transaction Charge Rs 15/debit instruction Rs 30 or 0.03% whichever is higher
Offline order placing Charge Rs 20/executed order Not Available
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 days on NOW 30 Days
End of Day 10 days on NOW 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 5x for intraday Upto 10x
Equity Futures 2x for intraday Upto 2x for Intraday
Equity Options No Margin Upto 1x
Currency Futures 2x for intraday No Leverage
Currency Options No Margin No Leverage
Commodity 1x Upto 2x for Intraday
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 Rs 87.5 Crores
Profit after Tax FY12/13 Rs 17 Lakhs Rs 107 Crores
Profit after Tax FY13/14 Rs 23 Lakhs Rs 128.90 Crore
Profit after Tax FY 14/15 Rs 23.14 Lakh Rs 168.52 Crore
Profit after Tax FY 15/16 Rs 33.53 Lakh Rs 161.82 Crore
Profit after Tax FY 16/17 Rs 35.78 Lakh Rs 121.89 Crore
Profit after Tax FY 17/18 Rs 38.81 Lakh Rs 113.87 Crore
Profit after Tax FY 18/19 Rs 40.22 Lakh Rs 191.48 Crore
Profit after Tax FY 19/20 Rs 46.22 Lakh Rs 111.55 Crore
Profit after Tax FY 20/21 Rs 49.57 Lakh Rs 131.23 Crore
Profit after Tax FY 21/22 Rs 54.47 Lakh Rs 174.09 Crore
Profit after Tax FY 22/23 Rs 66.68 Lakh Rs 205.86 Crore
Debt FY11/12 Rs 8.7 Lakhs Rs 335.1 Crores
Debt FY12/13 Rs 6 Lakhs Rs 335.1 Crores
Debt FY13/14 Rs 3.05 Crores Rs 486.64 Crores
Debt FY14/15 Rs 4.69 Crore Rs 481.20 Crores
Debt FY15/16 Rs 4.26 Crore Rs 376.69 Crores
Debt FY16/17 Rs 3.27 Crore Rs 364.87 Crores
Debt FY17/18 Rs 4.20 Crore Rs 547.71 Crores
Debt FY18/19 Rs 4.03 Crore Rs 434.84 Crores
Debt FY19/20 Rs 4.04 Crore Rs 565.48 Crores
Debt FY20/21 Rs 4.77 Crore Rs 455.09 Crores
Debt FY21/22 Rs 4.07 Crore Rs 453.87 Crores
Debt FY22/23 Rs 3.81 Crore Rs 593.90 Crores
Profit to Equity(%) FY11/12 0.99 19.86
Profit to Equity(%) FY12/13 2.63 16.04
Profit to Equity(%) FY13/14 3.54 Rs 22.13 Lakh
Profit to Equity(%) FY14/15 7.67 Rs 30.06
Profit to Equity(%) FY15/16 5.79 Rs 31.43
Profit to Equity(%) FY16/17 5.11 Rs 28.83
Profit to Equity(%) FY17/18 8.16 Rs 30.54
Profit to Equity(%) FY18/19 5.10 Rs 31.45
Profit to Equity(%) FY19/20 8.87 Rs 35.79
Profit to Equity(%) FY20/21 5.50 Rs 47.35
Profit to Equity(%) FY21/22 7.42 Rs 39.13
Profit to Equity(%) FY22/23 6.08 Rs 56.92
Balance Sheet Size FY11/12 Rs 9.26 Crores Rs 1689 Crores
Balance Sheet Size FY12/13 Rs 9.28 Crores Rs 1636 Crores
Balance Sheet Size FY13/14 Rs 22.35 Crores Rs 1715.00 Crores
Balance Sheet Size FY14/15 Rs 24.88 Crore Rs 2747.23 Crores
Balance Sheet Size FY15/16 Rs 27.85 Crore Rs 2700.50 Crores
Balance Sheet Size FY16/17 Rs 43.79 Crore Rs 2036.15 Crores
Balance Sheet Size FY17/18 Rs 38.20 Crore Rs 1791.65 Crores
Balance Sheet Size FY18/19 Rs 31.09 Crore Rs 3039.18 Crores
Balance Sheet Size FY19/20 Rs 45.13 Crore Rs 2876.57 Crores
Balance Sheet Size FY20/21 Rs 36.75 Crore Rs 1756.08 Crores
Balance Sheet Size FY21/22 Rs 42.25 Crore Rs 1965.11 Crores
Balance Sheet Size FY22/23 Rs 23.91 Crore Rs 2853.01 Crores

Comparison Link:

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Frequently Asked Questions

Is Tradesmart Online better than Sharekhan ?

Tradesmart Online and Sharekhan 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 Sharekhan better than Tradesmart Online ?

Tradesmart Online and Sharekhan 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 Sharekhan ?

Tradesmart Online and Sharekhan 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 Sharekhan cheaper than Tradesmart Online ?

Tradesmart Online and Sharekhan 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. Sharekhan ?

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