HDFC Securities Vs TradeSmart (Compare HDFC Securities and TradeSmart)

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
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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

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.

Account Type	HDFC Securities Lite Zero Plan	TradeSmart Power Plan
Fixed Charges	NA	NA
Equity Delivery	0.50%	Rs 15 per order
Equity Intraday	0.05%	Rs 15 per order
Equity Futures	Rs 20 per trade	Rs 15 per order
Equity Options	Rs 20 per trade	Rs 15 per order
Currency Futures		Rs 15 per order
Currency Options		Rs 15 per order
Commodity Futures		Rs 15 per order
Commodity Options		Rs 15 per order
Special Offer	Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	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	Lite 199 Yearly Subscription Plan	Value Plan
Fixed Charges	Rs 199 per year
Equity Delivery	0.32%	0.07%
Equity Intraday	0.032%	0.007%
Equity Futures	Rs 20 per trade	0.007%
Equity Options	Rs 20 per trade	Rs 7 Per Lot
Currency Futures		0.007%
Currency Options		Rs 7 Per Lot
Commodity Futures		0.007%
Commodity Options		Rs 7 Per Lot
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HDFC Securities Vs TradeSmart Brokerage Plan 3

	HDFC Securities	TradeSmart
Account Type	Alpha+ 5999 Yearly Subscription Plan	Power Plan
Fixed Charges	Rs 5,999 per year	NA
Equity Delivery	0.10%	Rs 15 per order
Equity Intraday	0.010%	Rs 15 per order
Equity Futures	Rs 20 per trade	Rs 15 per order
Equity Options	Rs 20 per trade	Rs 15 per order
Currency Futures		Rs 15 per order
Currency Options		Rs 15 per order
Commodity Futures		Rs 15 per order
Commodity Options		Rs 15 per order
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HDFC Securities Charges Vs TradeSmart

Minimum Brokerage	Rs. 25 per order on equity segment	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%
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HDFC Securities Vs TradeSmart Leverage (Margin)

HDFC Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the TradeSmart margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	HDFC Securities	TradeSmart
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
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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
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
Trading In SME Shares Allowed?
Referral Program
Other Features	E-Margin, ENCASH,
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HDFC Securities Vs TradeSmart Review

HDFC Securities is rated 2.2 of 5 based on 222 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

	HDFC Securities	TradeSmart
	222 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 222 customer reviews	TradeSmart is rated 4.0 of 5 based on 67 customer reviews

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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)
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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	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	TradeSmart Special Offer 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.
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