The side-by-side comparison of HDFC Securities Ltd and Trade Smart Online stock brokers in India. The comparison below highlights the similarities and differences between HDFC Securities and Trade Smart Online's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among HDFC Securities and Trade Smart Online.
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 wi...
Trade Smart Online (TSO) is Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart Online is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorp...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE
BSE, NSE, MCX, NCDEX
Account Type
Online Trading
Power Plan (₹15/Order)
Broker Enquiry
Stock Broker Fees / Charges
HDFC Securities Ltd
Trade Smart Online
Trading Account Opening Fees
₹999
₹200
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹200
Demat Account AMC
₹750
₹300
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
HDFC Securities Ltd
Trade Smart Online
Account Type
Online Trading
Power Plan (₹15/Order)
Fixed Charges
NA
Equity Delivery Brokerage
0.50%
₹15
Equity Intraday Brokerage
0.05%
₹15
Equity Futures Brokerage
0.05%
₹15
Equity Options Brokerage
₹100 per lot or 1% of the premium (whichever is higher)
₹15
Currency Futures Trading Brokerage
₹23 per contract
₹15
Currency Options Trading Brokerage
₹20 per contract
₹15
Commodity Futures Trading Brokerage
0.02% for Intraday / 0.025% for positional
₹15
Commodity Options Trading Brokerage
0.02% for Intraday / 0.025% for positional
₹15
Brokerage Plan 2
HDFC Securities Ltd
Trade Smart Online
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
Other Charges
Minimum Brokerage Charges
₹25 plus taxes
₹15
Other Brokerage Charges
Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges
₹0
₹20 per executed order
Taxes
HDFC Securities Ltd
Trade Smart Online
Securities Transaction Tax (STT)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Transaction Charges
HDFC Securities Ltd
Trade Smart Online
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%
Exposure
HDFC Securities Ltd
Trade Smart Online
Equity Delivery
2x with Intrest
1x (no margin)
Equity Intraday
Upto 20x
30x trading margin
Equity Futures
Nil
7x trading margin
Equity Options
Nil
7x trading margin
Currency Futures
Nil
3x trading margin
Currency Options
Nil
3x trading margin
Commodity
Nil
6x trading margin
Share Broker Features
HDFC Securities Ltd
Trade Smart Online
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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,
Broker Ratings (Average User Rating)
HDFC Securities Ltd
Trade Smart Online
167 Customer Reviews
58 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
HDFC Securities is Rated 2.2 / 5 based on 167 customer reviews
Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews
Contact Broker / Request A Call Back
HDFC Securities Ltd
Trade Smart Online
Contact / Request Call Back
Investment Options Available
HDFC Securities Ltd
Trade Smart Online
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading
Customer Service Offered
HDFC Securities Ltd
Trade Smart Online
24/7 Customer Service
Onine Live Chat
Through Branches
Order Type
HDFC Securities Ltd
Trade Smart Online
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Research / Tips / Reports Published
HDFC Securities Ltd
Trade Smart Online
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Suitable for Investor Category
HDFC Securities Ltd
Trade Smart Online
Casual Investor
Active Investor
Trader
Pros, Cons and Other Review Comments
HDFC Securities Ltd
Trade Smart Online
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 annual subscription fee of ₹1000.
Unlike most of the discount brokers; Trade Smart Online 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 investing 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. Customer receives 10% credit of the brokerage generated by the clients referred by them.
No minimum amount is needed to open or maintain trading account with TSO.
Customer service is available through live chat on its website. This is very convenient for many customers.
Trade Smart Online is in the stock broking industry since 1994.
TSO's online knowledge base has lot information which is helpful for most customers.
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.
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.
Zerodha
Zero Account Opening Fee