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Aasmaa Securities vs. Trade Smart Online

All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.

Among the best stockbrokers in India, two top names are Aasmaa Securities and Trade Smart Online. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Aasmaa Securities and Trade Smart Online.


Overview

Aasmaa Securities are Trade Smart Online both private companies and Aasmaa Securities operates as a full service Broker, while Trade Smart Online functions as a discount broker. Anand Kumar Jhawar co-founded Aasmaa Securities in 2007. And Trade Smart Online was founded in the year 1999 by Vijay Singhania. Aasmaa Securities's headquarters are in Hyderabad, Andhra Pradesh and Trade Smart Online's headquarters are in Bangalore, Karnataka.

Aasmaa Securities operates as a full service Broker, while Trade Smart Online functions as a discount broker. Aasmaa Securities is registered in NA, while Trade Smart Online is registered in BSE, NSE, MCX. The total branches of Aasmaa Securities are Nil and the Trade Smart Online branches are 1.

OverviewAasmaa SecuritiesTrade Smart Online
Broker TypeFull Service BrokerDiscount Broker
Type of companyPrivatePrivate
HeadquarterHyderabad, Andhra PradeshBangalore, Karnataka
FoundersAnand Kumar JhawarVijay Singhania
Foundation Year20071999
Supported ExchangesNABSE, NSE, MCX
Total branchesNil1

Aasmaa Securities and Trade Smart Online Trading Account Opening and Demat Charges

A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).

Account opening fees for various brokers range from 0 to Rs.200, with Aasmaa Securities charging Free and Trade Smart Online charging Rs.400.

When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Aasmaa Securities Demat account is Rs.250 per Annum and for the Trade Smart Online Demat account is Rs.250 per Annum. The Trading AMC for Aasmaa Securities and Trade Smart Online is free. And the margin money for both brokers is also zero.

As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Aasmaa Securities and Trade Smart Online is CDSL.

Account Opening and Demat ChargesAasmaa SecuritiesTrade Smart Online
Trading Account Opening ChargesFreeRs.400
Demat AMC (Annual Maintenance Charges)Rs.250 per AnnumRs.250 per Annum
Trading AMC (Annual Maintenance Charges)FreeFree
Margin MoneyMinimum Rs.15,000Zero Margin
Offline to Online ChargesYesYes
DepositoryCDSL & NSDLCDSL & NSDL

Aasmaa Securities and Trade Smart Online Equity Brokerage Charges

There are more charges that a broker charges for equity transactions.

Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Aasmaa Securities is 0.15% – 0.3%, while Trade Smart Online charges you Rs.15 per Executed Order.

Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Aasmaa Securities is 0.01% – 0.03% and for Trade Smart Online also, it is Rs.15 per Executed Order.

Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Aasmaa Securities charge 0.01% – 0.03% and Trade Smart Online charge Rs.15 per Executed Order for equity futures.

Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Aasmaa Securities charges Rs.30 – Rs.50 per Lot, and Trade Smart Online charges Rs.15 per Executed Order.

Equity Brokerage ChargesAasmaa SecuritiesTrade Smart Online
Equity Delivery Brokerage0.15% – 0.3%Rs.15 per Executed Order
Equity Intraday Brokerage0.01% – 0.03%Rs.15 per Executed Order
Equity Futures Brokerage0.01% – 0.03%Rs.15 per Executed Order
Equity Options BrokerageRs.30 – Rs.50 per LotRs.15 per Executed Order

Aasmaa Securities and Trade Smart Online Currency Brokerage Charges

Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.

Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Aasmaa Securities is 0.01% – 0.03% and for Trade Smart Online is Rs.15 per Executed Order.

Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Aasmaa Securities charges Rs.15 – Rs.25 per Lot for currency options, whereas Aasmaa Securities charges Rs.15 per Executed Order.

Currency Brokerage ChargesAasmaa SecuritiesTrade Smart Online
Currency Futures Brokerage0.01% – 0.03%Rs.15 per Executed Order
Currency Options BrokerageRs.15 – Rs.25 per LotRs.15 per Executed Order

Aasmaa Securities and Trade Smart Online Commodity Brokerage Charges

Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Aasmaa Securities charges NA for commodity trading, while Trade Smart Online charges Rs.15 per Executed Order.

Commodity Brokerage ChargesAasmaa SecuritiesTrade Smart Online
Commodity Options BrokerageNARs.15 per Executed Order

Aasmaa Securities and Trade Smart Online Other Charges

Here are some other broker charges that should know about -

Minimum Broker Charges: Aasmaa Securities levies a minimum brokerage fee of Percentage of Transaction, while Trade Smart Online charges Rs.15 brokerage fee.

Transaction Brokerage Charges: Aasmaa Securities levies a transaction brokerage charge of 0.00255%, while Trade Smart Online charges 0.00300% of Total Turnover.

SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Aasmaa Securities is 0.0002% of Total Turnover and for Aasmaa Securities is 0.0007% of Total Turnover.

Stamp Duty Charges: This fee is charged as per the state and asset class.

GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)

STT (Securities Transaction Tax): The STT charges for Aasmaa Securities are 0.0126% of selling value, while for Trade Smart Online, they are 0.0113% of Total Turnover.

Call and Trade Charges: This charge varies for different brokers. Aasmaa Securities charges NA and Trade Smart Online charges Rs 20 per executed order.

Other Brokerage ChargesAasmaa SecuritiesTrade Smart Online
Minimum Brokerage ChargesPercentage of TransactionRs.15
Transaction Brokerage Charges0.00255%0.00300% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0007% of Total Turnover
Stamp Duty ChargesAs per the stateAs per the state
GST Charges18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of selling value0.0113% of Total Turnover
Call and Trade ChargesNARs 20 per executed order

Aasmaa Securities and Trade Smart Online Equity Exposure/Leverage

With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.

Equity Delivery: Leverage provided for Equity Delivery by Aasmaa Securities is up to Upto 2x and by Trade Smart Online it is up to Upto 2x.

Equity Intraday: Leverage for equity intraday by Aasmaa Securities is up to Upto 5x and by Trade Smart Online it is up to Upto 30x.

Equity Futures: Leverage for Equity Futures by Aasmaa Securities is up to Upto 2x and by Trade Smart Online it is up to Upto 7x.

Equity Options: Leverage for Equity Options by Aasmaa Securities is up to Upto 5x and by Trade Smart Online also, it is up to Upto 7x.

Equity LeverageAasmaa SecuritiesTrade Smart Online
Equity DeliveryUpto 2xUpto 2x
Equity IntradayUpto 5xUpto 30x
Equity FuturesUpto 2xUpto 7x
Equity OptionsUpto 5xUpto 7x

Aasmaa Securities and Trade Smart Online Currency Leverage

The currency futures leverage provided by Aasmaa Securities is up to Upto 2x, while for Trade Smart Online it is up to Upto 5x.

The currency options leverage provided by Aasmaa Securities is up to Upto 3x, while for Trade Smart Online it is up to Upto 5x.

Currency LeverageAasmaa SecuritiesTrade Smart Online
Currency FuturesUpto 2xUpto 5x
Currency OptionsUpto 3xUpto 5x

Aasmaa Securities and Trade Smart Online Commodity Leverage

The commodity leverage provided by Aasmaa Securities is up to Upto 2x, while for Trade Smart Online it is up to Upto 6x.

Commodity LeverageAasmaa SecuritiesTrade Smart Online
CommodityUpto 2xUpto 6x

Aasmaa Securities and Trade Smart Online Offers

Brokers offer various exciting offers to entice new customers. Here are some of them:

Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.

Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.

Brokerage Discounts: Coupons providing up to 50% discount at their rates.

Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.

1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.

Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.

Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.

Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.

OffersAasmaa SecuritiesTrade Smart Online
Free Stock Trading AccountYesYes
Free Demat AccountNoNo
Flexible PlansYesYes
Brokerage DiscountsYesYes
Happy HoursNoNo
1 Month Free PlanNoNo
Holiday OffersYesNo
Referral ProgramNoYes
Zero Brokerage on Loss TradesNoNo

Aasmaa Securities and Trade Smart Online Features

Equity Trading: Aasmaa Securities and Trade Smart Online brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.

Currency and Commodity Trading: Aasmaa Securities and Trade Smart Online also offer you to trade in currency and commodities.

Initial Public Offering (IPOs): One of the greatest advantages of Aasmaa Securities and Trade Smart Online broker is that you can also invest in IPOs. Aasmaa Securities also has an added advantage that they provide you with robo-advisory services as well.

Trading Exposure: Different brokers provide different trading exposures. Aasmaa Securities offers trading exposure of up to Upto 5x, while Trade Smart Online gives up to Upto 30x.

Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Aasmaa Securities and Trade Smart Online, you can invest in mutual funds through SIP and Lumpsum.

Forex Trading: With Forex Trading, you can trade in various international currencies. Aasmaa Securities and Trade Smart Online also allow you to trade in forex trading.

FeaturesAasmaa SecuritiesTrade Smart Online
Equity Delivery TradingYesYes
Equity Intraday TradingYesYes
Equity Futures TradingYesYes
Equity Options TradingYesYes
Currency TradingYesYes
Commodity TradingYesYes
IPO (Initial public offering)YesYes
Stocks SuggestionsNoNo
Robo AdvisoryNoNo
PMS (Portfolio Management Services)NoNo
Trading InstitutionNoNo
Trading ExposureUpto 5xUpto 30x
Mutual FundsYesYes
SIP (Systematic Investment Plan)YesYes
Forex TradingNoNo
BankingNoNo
InsuranceNoNo

Aasmaa Securities and Trade Smart Online Advisory Services

Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-

Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.

Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Aasmaa Securities and Trade Smart Online offer you in-depth research reports.

Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.

Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.

Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.

Advisory ServicesAasmaa SecuritiesTrade Smart Online
Fundamental ReportsNoNo
Research ReportsNoNo
Company ReportsNoNo
Annual ReportsNoNo
Company Stock ReviewNoNo
Free Stock TipsYesYes
IPO ReportsYesNo
Top PicksYesYes
Daily Market ReviewYesNo
Monthly ReportsYesNo
Weekly reportsYesYes
Offline AdvisoryYesNo
Relationship ManagerYesNo

Aasmaa Securities and Trade Smart Online Desktop Trading Platforms

A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Aasmaa Securities and Trade Smart Online offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.

Desktop Trading PlatformsAasmaa SecuritiesTrade Smart Online
WindowsYesYes
MacYesYes
Desktop BrowserNoYes

Aasmaa Securities and Trade Smart Online Mobile Trading Platforms

Aasmaa Securities and Trade Smart Online offer you mobile trading platforms which can be used in iOS and Android applications.

Mobile Trading PlatformsAasmaa SecuritiesTrade Smart Online
Mobile BrowserNoYes
Android AppYesYes
iOS AppYesYes
Windows AppNoNo
Other mobile osNoNo

Aasmaa Securities and Trade Smart Online Customer Support

Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Aasmaa Securities and Trade Smart Online give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.

Customer Support FeaturesAasmaa SecuritiesTrade Smart Online
Relationship ManagerNoNo
Offline TradingYesNo
Online TradingYesYes
24 * 7 SupportNoNo
Email SupportYesYes
Chat SupportNoNo
Toll free numberNoNo
Support Branches1190

Aasmaa Securities and Trade Smart Online Customer Complaints

The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Aasmaa Securities and Trade Smart Online registered and resolved complaints.

For Aasmaa Securities, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.

For Trade Smart Online, the Percentage of resolved BSE complaints is 94.64 % and the Percentage of resolved NSE complaints is 97.33 %.

We can say that Aasmaa Securities is better than Trade Smart Online in case of resolving customer complaints.

BSE ComplaintsAasmaa SecuritiesTrade Smart Online
BSE Complaints256
BSE Resolved Complaints253
Percentage of resolved BSE complaints100.00 %94.64 %
NSE Complaints375
NSE Resolved Complaints373
Percentage of resolved NSE complaints100.00 %97.33 %
BSE/NSE Complaint vs. Resolved Percentage100.00 %95.99 %

Frequently Asked Questions


  1. Is Aasmaa Securities better than Trade Smart Online?

    Aasmaa Securities is a full service broker and Trade Smart Online is a discount broker. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.

  2. Is Trade Smart Online better than Aasmaa Securities?

    Trade Smart Online is a discount broker and Aasmaa Securities is a full service broker. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.

  3. Which is cheaper between Aasmaa Securities and Trade Smart Online?

    Being a full-service broker, Aasmaa Securities tends to have higher brokerage charges, while Trade Smart Online, being a discount broker, offers comparatively cheaper rates. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.

  4. Which is better, Aasmaa Securities and Trade Smart Online?

    To figure out which of the two stockbrokers, Aasmaa Securities and Trade Smart Online, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.


Compare Aasmaa Securities with other stock brokers

Visit the following pages to see a detailed comparision report of Aasmaa Securities with other brokerage firms.


Compare Trade Smart Online with other stock brokers

Visit the following pages to see a detailed comparision report of Trade Smart Online with other brokerage firms.