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TradeSmart records a 57% rise in customers;Maharashtra clocks highest number of traders in the country in FY 21-22

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  • 68% of traders accounted of millennials and Gen Z
  • Female traders grew by 4%
  • 96% of trades executed under NSE

Maharashtra, May 10, 2022: TradeSmart, one of India’s leading new-age online discount brokerage companies records a 57% increase in customers in India. The platform recorded highest number of traders from Maharashtra this year. 68% of traders from the Stateare millennials and Gen Z population. A rising market as well as growing smart phone users have been attributed as some of the reasons for the phenomenal growth.

TradeSmart observed a 4% rise in female traders on the platform, indicating a growing number of female participants breaking a male-dominated industry. The platform also witnessed slight percentage increase of traders falling in the 51-60 age group.

Of all the trades, more than 96% of trades were executed under NSE. TradeSmart looks forward to a promising growth in this new FY 22-23.

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