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HDFC Securities Vs TradeSmart (Compare HDFC Securities and 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...

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...

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
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2002	1994
Number of Branches	270	1

	Enquire HDFC Securities	Open TradeSmart Account

HDFC Securities Vs TradeSmart Charges & AMC

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

	HDFC Securities	TradeSmart
Trading Account Opening Charges	Rs 999	Rs 200
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 200
Demat Account AMC Charges	Rs 750	Rs 300

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 Rs 15 per order and intraday is Rs 15 per order.

	HDFC Securities	TradeSmart
Account Type	Online Trading	Power Plan
Fixed Charges	NA	NA
Equity Delivery	0.50%	Rs 15 per order
Equity Intraday	0.05%	Rs 15 per order
Equity Futures	0.05%	Rs 15 per order
Equity Options	Rs 100 per lot or 1% of the premium (whichever is higher)	Rs 15 per order
Currency Futures	Rs 23 per contract	Rs 15 per order
Currency Options	Rs 20 per contract	Rs 15 per order
Commodity Futures	0.02% for Intraday / 0.025% for positional	Rs 15 per order
Commodity Options	0.02% for Intraday / 0.025% for positional	Rs 15 per order
Special Offer	Special Offer: Rs 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: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

HDFC Securities Vs TradeSmart Brokerage Plan 2

	HDFC Securities	TradeSmart
Account Type	Online Trading	Value Plan
Fixed Charges	NA
Equity Delivery	0.50%	0.07%
Equity Intraday	0.05%	0.007%
Equity Futures	0.05%	0.007%
Equity Options	Rs 100 per lot or 1% of the premium (whichever is higher)	Rs 7 Per Lot
Currency Futures	Rs 23 per contract	0.007%
Currency Options	Rs 20 per contract	Rs 7 Per Lot
Commodity Futures	0.02% for Intraday / 0.025% for positional	0.007%
Commodity Options	0.02% for Intraday / 0.025% for positional	Rs 7 Per Lot
	Enquire HDFC Securities	Open TradeSmart Account

HDFC Securities Charges Vs TradeSmart

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

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%
	Enquire HDFC Securities	Open TradeSmart Account

HDFC Securities Vs TradeSmart Leverage (Margin)

HDFC Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the TradeSmart margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	HDFC Securities	TradeSmart
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Enquire HDFC Securities	Open TradeSmart Account

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
	Enquire HDFC Securities	Open TradeSmart Account

HDFC Securities Vs TradeSmart Review

HDFC Securities is rated 2.2 of 5 based on 208 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

	HDFC Securities	TradeSmart
	208 Customer Reviews	67 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	HDFC Securities is rated 2.2 of 5 based on 208 customer reviews	TradeSmart is rated 4.0 of 5 based on 67 customer reviews

Contact Broker / Request A Call Back

	HDFC Securities Enquire	TradeSmart Enquire
Contact Broker	Rs 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. Name Phone # Email City Name State Are you a day trader?	Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

HDFC Securities Vs TradeSmart Investment Options

	HDFC Securities	TradeSmart
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading

HDFC Securities Vs TradeSmart Order Type Offered

	HDFC Securities	TradeSmart
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire HDFC Securities	Open TradeSmart Account

HDFC Securities Vs TradeSmart Research Report

	HDFC Securities	TradeSmart
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

HDFC Securities Vs TradeSmart Suitable For Investor Type

	HDFC Securities	TradeSmart
Casual Investor
Active Investor
Trader

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.	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 Rs 5000) and a DP (depository participant) account with HDFC Bank. Very high brokerage charges Charge minimum brokerage of Rs 25	Call and Trade is charged at extra Rs 20 per executed order. Physical contract notes Rs 20 per contract note + courier charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 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: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
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: Rs 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.	Flat Rs 15 per trade Flat Rs 15 per trade across all segments + Get Margin against your shares + API for alog trading. This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.
	Enquire HDFC Securities	Open TradeSmart Account

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HDFC Securities	TradeSmart
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