Compare Tradesmartonline
Tradesmartonline
Sharekhan
Sharekhan

Background

Year of Incorporation 1994 as VNS Finance & Capital 2000
Website http://www.tradesmartonline.in http://www.sharekhan.com
Phone 022-42878000 022-61150000
Exchanges enabled NSE, BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL & CDSL
Background Rating


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, watch out for the brokerages with and

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 9.05 crores
Profit after Tax FY 14/15 Rs 1.2 Crores Rs 13 Crores
Profit after Tax FY 15/16 NA Rs 130 Crores
Profit after Tax FY 16/17 NA Rs 84.7 Crores
Profit after Tax FY17/18 1.9 Cores Rs 70.2 Crores
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 0
Debt FY14/15 Rs 4.4 Crores 0
Debt FY15/16 NA Rs 335.1 Crores
Debt FY 16/17 NA Rs 335.1 Crores
Debt FY 17/18 Rs 8.7 Crores Rs 336.4 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 17
Profit to Equity(%) FY14/15 19 19
Profit to Equity(%) FY15/16 NA 13.8
Profit to Equity(%) FY16/17 NA 8
Profit to Equity(%) FY17/18 18 6
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 1303 Crores
Balance Sheet Size FY14/15 Rs 36 Crores Rs 1559 Crores
Balance Sheet Size FY15/16 NA Rs 2161 Crores
Balance Sheet Size FY16/17 NA Rs 2476.3 Crores
Balance Sheet Size FY17/18 Rs 57.6 Crores Rs 2683.9 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year in December. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 4,223 2,74,777
Active clients - 2014 7,542 3,42,592
Active clients - 2015 9,644 3,35,843
Active clients - 2016 10,944 3,50,509
Active clients - 2017 NA 4,93,533
Active clients - 2018 22,091 5,48,873
Active clients Rating


Brokerage

Equity Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover 0.03% for Intraday & 0.3% for Delivery - Negotiable
Equity Futures Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover 0.03% of Turnover - Negotiable
Equity Options Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover Rs 50/lot - Negotiable
Currency Futures Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover 0.03% of Turnover- Negotiable
Currency Options Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover Rs 20/lot- Negotiable
Commodity NA 0.03% of Turnover- Negotiable
Brokerage Rating


Account Opening Costs

Trading only Rs 400 NA
Trading & Demat Rs 400 Rs 500 which will be adjusted with brokerage
Commodity NA Nil
Account Opening Costs Rating


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/year
DP Transaction Charge Rs 15/debit instruction Rs 30 or 0.03% whichever is higher
Offline order placing Charge Rs 20/executed order Nil
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 5 days on NOW 30 Days
End of Day 10 years on NOW 10 Years
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports  
Online PNL Reports  
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 5 times for intraday, 0 for delivery Upto 10 Times for Intraday & 5 Times for Delivery(Interest charged)
Equity Futures Upto 2 times for intraday Upto 2 times for Intraday
Equity Options No Margin No Leverage
Currency Futures Upto 2 times for intraday No Leverage
Currency Options No Margin No Leverage
Commodity NA Upto 2 times for Intraday
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review