TradeSmart, one of India’s leading new-age online discount brokerage companies, announces that it witnessed a 18% growth in unique traders from Gujarat between March 2020 and March 2021. During this period, the State attributed to 22% increase in trade volumes on the platform.
TradeSmart recorded a 50% rise in traders in the age-group of 18-25 years, with a 10% year-on-year increase in NSE Equity trades. Also, the number of female traders on the platform increased by 5.5% in March 2021. TradeSmart highlights that the maximum numbers of its traders fell in the age group of 31-40 year olds.
During this period, the company also saw NSE trading at an all-time high with the maximum number of trades in Futures and Options (F&O), while equity trades recorded 7% year-on-year growth compared to last year. The company expects a promising growth month-on-month till end of the current financial year.
TradeSmart is a new-age technology-focused discount online broking firm that simplifies investments for young & tech savvy Indians. Registered as VNS Finance & Capital Limited in 1994, the company has a strong lineage of over 25 years in the brokerage segment. A member of NSE, TradeSmart provides online trading in – Cash, Futures & Options, Currency Derivatives, Commodities, Mutual Funds, and ETFs for investors and online traders. For more, please visit https://tradesmartonline.in/