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

Find a Comparison of Tradesmart Online vs Zerodha 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 Zerodha.

Background

Year of Incorporation 2015 2010
Website https://tradesmartonline.in/ https://zerodha.com
Phone 022-61208000 080-4718-1888
Exchanges enabled NSE, BSE NSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL) CDSL CDSL
Brokerage

Equity Rs 15 or 0.07% per executed order Rs 0 on Delivery & Rs 20 on Intraday
Equity Futures Rs 15 or 0.07% per executed order Rs 20 or 0.03% (whichever is lower) per executed order
Equity Options Rs 7 per lot Rs 20 per order
Currency Futures R15 or 0.07% of Turnover Rs 20 or 0.03% (whichever is lower) per executed order
Currency Options Rs 7 per lot Rs 20 per order
Commodity Rs 7 per lot Rs 20 per order
Account Opening Costs

Trading only Rs 400 Free
Trading & Demat Rs 400 Free
Commodity NA Free
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% on Turnover
Futures 0.0024% of Turnover 0.0021% on Contract Turnover
Options 0.0715% of Premium Turnover 0.053% on Premium Turnover
Commodities NA 0.0031% on Contract turnover
AMC charge Rs 300/yr Rs 300/year
DP Transaction Charge Rs 15/debit instruction Rs 13 per debit instruction
Offline order placing Charge Rs 20/executed order Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 days on NOW 365 days on Zerodha Pi
End of Day 10 days on NOW 10 years on Zerodha Pi
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 5x for intraday 20x intraday
Equity Futures 2x for intraday Upto 7x intraday leverage
Equity Options No Margin Buying no leverage, Shorting upto 7x leverage intrdaday
Currency Futures 2x for intraday 2x intraday leverage
Currency Options No Margin Buying no leverage, Shorting upto 2x intraday leverage
Commodity 1x 2.5x intraday leverage
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 2.4 Crores
Profit after Tax FY12/13 Rs 17 Lakhs Rs 5.8 Crores
Profit after Tax FY13/14 Rs 23 Lakhs Rs 10.27 Crores
Profit after Tax FY 14/15 Rs 23.14 Lakh Rs 10.58 Crores
Profit after Tax FY 15/16 Rs 33.53 Lakh Rs 10.99 Crores
Profit after Tax FY 16/17 Rs 35.78 Lakh Rs 11.02 Crores
Profit after Tax FY 17/18 Rs 38.81 Lakh Rs 11.36 Crores
Profit after Tax FY 18/19 Rs 40.22 Lakh Rs 11.75 Crores
Profit after Tax FY 19/20 Rs 46.22 Lakh Rs 11.98 Crores
Profit after Tax FY 20/21 Rs 49.57 Lakh Rs 12.13 Crores
Profit after Tax FY 21/22 Rs 54.47 Lakh Rs 12.38 Crores
Profit after Tax FY 22/23 Rs 66.68 Lakh Rs 12.87 Crores
Debt FY11/12 Rs 8.7 Lakhs 0
Debt FY12/13 Rs 6 Lakhs 0
Debt FY13/14 Rs 3.05 Crores 0
Debt FY14/15 Rs 4.69 Crore Rs 4.45 Crores
Debt FY15/16 Rs 4.26 Crore Rs 4.88 Crores
Debt FY16/17 Rs 3.27 Crore Rs 5.22 Crores
Debt FY17/18 Rs 4.20 Crore Rs 5.68 Crores
Debt FY18/19 Rs 4.03 Crore Rs 6.25 Crores
Debt FY19/20 Rs 4.04 Crore Rs 5.87 Crores
Debt FY20/21 Rs 4.77 Crore Rs 6.11 Crores
Debt FY21/22 Rs 4.07 Crore Rs 6.47 Crores
Debt FY22/23 Rs 3.81 Crore Rs 6.98 Crores
Profit to Equity(%) FY11/12 0.99 19%
Profit to Equity(%) FY12/13 2.63 24%
Profit to Equity(%) FY13/14 3.54 21%
Profit to Equity(%) FY14/15 7.67 21%
Profit to Equity(%) FY15/16 5.79 23%
Profit to Equity(%) FY16/17 5.11 26%
Profit to Equity(%) FY17/18 8.16 28%
Profit to Equity(%) FY18/19 5.10 29%
Profit to Equity(%) FY19/20 8.87 33%
Profit to Equity(%) FY20/21 5.50 36%
Profit to Equity(%) FY21/22 7.42 38%
Profit to Equity(%) FY22/23 6.08 39%
Balance Sheet Size FY11/12 Rs 9.26 Crores Rs 25.4 Crores
Balance Sheet Size FY12/13 Rs 9.28 Crores Rs 64.5 Crores
Balance Sheet Size FY13/14 Rs 22.35 Crores Rs 111.1 Crores
Balance Sheet Size FY14/15 Rs 24.88 Crore Rs 112.18 Crores
Balance Sheet Size FY15/16 Rs 27.85 Crore Rs 112.98 Crores
Balance Sheet Size FY16/17 Rs 43.79 Crore Rs 113.44 Crores
Balance Sheet Size FY17/18 Rs 38.20 Crore Rs 114.87 Crores
Balance Sheet Size FY18/19 Rs 31.09 Crore Rs 116.55 Crores
Balance Sheet Size FY19/20 Rs 45.13 Crore Rs 119.22 Crores
Balance Sheet Size FY20/21 Rs 36.75 Crore Rs 120.63 Crores
Balance Sheet Size FY21/22 Rs 42.25 Crore Rs 121.16 Crores
Balance Sheet Size FY22/23 Rs 23.91 Crore Rs 122.10 Crores

Comparison Link:

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Frequently Asked Questions

Is Tradesmart Online better than Zerodha ?

Tradesmart Online and Zerodha 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 Zerodha better than Tradesmart Online ?

Tradesmart Online and Zerodha 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 Zerodha ?

Tradesmart Online and Zerodha 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 Zerodha cheaper than Tradesmart Online ?

Tradesmart Online and Zerodha 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. Zerodha ?

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