TradeSmart vs Upstox
Comparison of charges, features, and platform quality. Both TradeSmart and Upstox are popular choices, but they cater to slightly different types of investors. Let's see which platform offers better value for your trading style.
Our Verdict
Both TradeSmart and Upstox are top-rated Discount brokers.
TradeSmart Wins on:
Best For IntradayBetter choice if you prioritize low flat brokerage and need low flat fee, support.
Upstox Wins on:
Best For IntradayBetter choice if you prioritize fast trading platform (pro) and need fast app, pro tools.
At a Glance Comparison
| Feature | | |
|---|---|---|
| Broker Type | Discount | Discount |
| Account Opening | ₹0 (Free) | ₹0 (Free) |
| AMC (Yearly) | ₹300/year | ₹150/year |
| Equity Delivery | ₹15 | ₹20 or 2.5% |
| Intraday Tradng | ₹15 | ₹20 or 0.05% |
| Active Clients | 1 Lakh+ | 30 Lakhs+ |
| Rating | 4 | 4.6 |
| Best For | Intraday, Beginners | Intraday, Options |
| Pros |
|
|
| Cons |
|
|
Brokerage Charges Explained
TradeSmart Fees
For equity delivery, ₹15 applies. If you trade Intraday, you pay ₹15 per order.
This makes it suitable for frequent traders.
Upstox Fees
For equity delivery, ₹20 or 2.5% applies. If you trade Intraday, you pay ₹20 or 0.05% per order.
This makes it suitable for frequent traders.
Trading Platform & App
TradeSmartTradeSmart's platform is known for being comprehensive. It is generally considered very easy to learn.
UpstoxUpstox's platform focuses on research and data. Users find it powerful for detailed tracking.
Choose TradeSmart if:
- You are looking for the best platform for Intraday.
- You are looking for the best platform for Beginners.
- You prefer low flat fee features.
Choose Upstox if:
- You are looking for the best platform for Intraday.
- You are looking for the best platform for Options.
- You prefer fast app features.
Pros & Cons Comparison
TradeSmart
Advantages
- Low flat brokerage
- VNS Finance backing
- Good customer support
Disadvantages
- Basic trading platforms
- Mobile app needs improvement
Upstox
Advantages
- Fast trading platform (Pro)
- Good charting tools
- Margin against shares
Disadvantages
- Delivery is charged (₹20)
- Customer support mixed reviews
- Downtime issues occasionally
