HDFC Securities Vs TradeSmart (Compare HDFC Securities and TradeSmart)

The side-by-side comparison of HDFC Securities and TradeSmart. Compare HDFC Securities Vs TradeSmart brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best HDFC Securities vs TradeSmart?


HDFC Securities
HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account with your existing HDFC bank savings account and existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions. HDFCsec provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and... Know more about HDFC Securities Ltd


TradeSmart
TradeSmart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of... Know more about VNS Finance & Capital Services Ltd

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HDFC Securities Vs TradeSmart

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  HDFC Securities TradeSmart
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE BSE, NSE, MCX
Account Type Online Trading Power Plan (₹15/Order)
Year of Incorporation 2002 1994
Number of Branches 270 1
Broker Enquiry Open an Online Trading Account with HDFC Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you.
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HDFC Securities Vs TradeSmart Charges & AMC

HDFC Securities trading account opening charges is ₹999 while TradeSmart account opening changes is ₹200. HDFC Securities Demat Account AMC Charges is ₹750 and TradeSmart Demat Account AMC Charges is ₹300.

  HDFC Securities TradeSmart
Trading Account Opening Charges ₹999 ₹200
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹200
Demat Account AMC Charges ₹750 ₹300
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HDFC Securities Vs TradeSmart Brokerage Charges & Plans

HDFC Securities Vs TradeSmart Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas TradeSmart brokerage charges for equity is ₹15 per executed order and intraday is ₹15 per executed order.

  HDFC Securities TradeSmart
Account Type Online Trading Power Plan (₹15/Order)
Fixed Charges NA
Equity Delivery Brokerage 0.50% ₹15 per executed order
Equity Intraday Brokerage 0.05% ₹15 per executed order
Equity Futures Brokerage 0.05% ₹15 per executed order
Equity Options Brokerage ₹100 per lot or 1% of the premium (whichever is higher) ₹15 per executed order
Currency Futures Trading Brokerage ₹23 per contract ₹15 per executed order
Currency Options Trading Brokerage ₹20 per contract ₹15 per executed order
Commodity Futures Trading Brokerage 0.02% for Intraday / 0.025% for positional ₹15 per executed order
Commodity Options Trading Brokerage 0.02% for Intraday / 0.025% for positional ₹15 per executed order
Special Offer
Special Offer: ₹750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

HDFC Securities Vs TradeSmart Brokerage Plan 2

  HDFC Securities TradeSmart
Account Type Online Trading Value Plan
Fixed Charges NA
Equity Delivery Brokerage 0.50% 0.007%
Equity Intraday Brokerage 0.05% 0.007%
Equity Futures Brokerage 0.05% 0.007%
Equity Options Brokerage ₹100 per lot or 1% of the premium (whichever is higher) ₹7 Per Lot
Currency Futures Trading Brokerage ₹23 per contract 0.007%
Currency Options Trading Brokerage ₹20 per contract ₹7 Per Lot
Commodity Futures Trading Brokerage 0.02% for Intraday / 0.025% for positional 0.007%
Commodity Options Trading Brokerage 0.02% for Intraday / 0.025% for positional ₹7 Per Lot
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HDFC Securities Charges Vs TradeSmart

Minimum Brokerage Charges ₹25 plus taxes ₹15 per executed order
Other Brokerage Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order
Call & Trade Charges ₹0 ₹20 per executed order
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HDFC Securities Vs TradeSmart Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while TradeSmart exchange transaction charges for options is 0.0715%.

  HDFC Securities TradeSmart
Equity Delivery 0.00325% 0.0035%
Equity Intraday 0.00325% 0.0035%
Equity Futures .00190% 0.0024%
Equity Options 0.050% (on premium) 0.0715%
Currency Futures 0.00110% 0.00165%
Currency Options 0.040% (on premium) 0.06%
Commodity NA 0.0039%
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HDFC Securities Vs TradeSmart Leverage (Margin)

HDFC Securities provides the margin of Upto 20x for intraday trades whereas the TradeSmart margin for intraday cash is 30x trading margin.

  HDFC Securities TradeSmart
Equity Delivery 2x with Intrest 1x (no margin)
Equity Intraday Upto 20x 30x trading margin
Equity Futures Nil MIS: 3X | BO: 7X | CO: 7X
Equity Options Nil MIS: 3X | BO: 7X | CO: 7X
Currency Futures Nil MIS: 3X | BO: 3X | CO: 3X
Currency Options Nil MIS: 3X | BO: NA | CO: NA
Commodity Futures Nil MIS: 2X | BO: 6X | CO: 6X
Commodity Options MIS: NA | BO: NA | CO: NA
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Compare HDFC Securities and TradeSmart Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. TradeSmart offers NEST, NOW, Spin trading software.

  HDFC Securities TradeSmart
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify NEST, NOW, Spin
Intraday Square-off Time 3:30 PM Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features E-Margin, ENCASH,
Referral Program Yes
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HDFC Securities Vs TradeSmart Review

HDFC Securities is rated 2.2 of 5 based on 191 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 64 customer reviews.

  HDFC Securities TradeSmart
  191 Customer Reviews    Rate HDFC Securities 64 Customer Reviews    Rate TradeSmart
Fees 2.1 3.8
Trading Brokerage 1.9 4.4
Trading Platform Usability 2.9 3.7
Customer Service 2.5 4.0
Research Capabilities 2.6 3.0
Overall Ratings Rated 2.2 stars Rated 4.0 stars
Broker Rating HDFC Securities is rated 2.2 of 5 based on 191 customer reviews TradeSmart is rated 4.0 of 5 based on 64 customer reviews
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Contact Broker / Request A Call Back

  HDFC Securities Enquire TradeSmart Enquire
Contact Broker

₹750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.

FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

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HDFC Securities Vs TradeSmart Investment Options

  HDFC Securities TradeSmart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading
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HDFC Securities Vs TradeSmart Order Type Offered

  HDFC Securities TradeSmart
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
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HDFC Securities Vs TradeSmart Research Report

  HDFC Securities TradeSmart
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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HDFC Securities Vs TradeSmart Suitable For Investor Type

  HDFC Securities TradeSmart
Casual Investor Yes
Active Investor Yes
Trader Yes
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HDFC Securities Vs TradeSmart - Pros and Cons

  HDFC Securities TradeSmart
Pros
  • The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of ₹1000.
  • Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain a trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • TradeSmart is in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of information which is helpful for most customers.
Cons
  • In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of ₹5000) and a DP (depository participant) account with HDFC Bank.
  • Very high brokerage charges
  • Charge minimum brokerage of ₹25
  • Call and Trade is charged at extra ₹20 per executed order.
  • Physical contract notes ₹20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20.
  • 24/7 customer service is not available.
  • Facility to invest in IPO's is not available.
  • Doesn't provide daily market report, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as company doesn't provide banking services.
Reviews Useful Articles:
Promo / Offers

HDFC 3-in-1 Account

HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: ₹750 demat account AMC is waived when you open your 3-in-1 account.

Interested in opening a trading account? Request Callback from a stock broker.

Limited Time Offer - Free Account Opening (₹400 waived)

Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat ₹15 per order.

Get this limited time offer
Enquire HDFC SecuritiesEnquire TradeSmart

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