HDFC Securities Vs Trade Smart Online Share Broker Comparison
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.
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HDFC Securities Ltd |
Trade Smart Online |
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| About the Broker |
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
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE |
BSE, NSE, MCX, NCDEX |
| Account Type
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Online Trading |
Power Plan (Rs 15/Order) |
| Broker Enquiry |
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Stock Broker Fees / Charges
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HDFC Securities Ltd |
Trade Smart Online |
| Trading Account Opening Fees
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₹999 |
Rs 300 |
| Trading Account AMC
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₹0 |
Rs 0 |
| Demat Account Opening Fees
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₹0 |
Rs 500 |
| Demat Account AMC
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₹750 |
Rs 300 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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HDFC Securities Ltd |
Trade Smart Online |
| Account Type |
Online Trading |
Power Plan (Rs 15/Order) |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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0.50% |
Rs 15 |
| Equity Intraday Brokerage
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0.10% |
Rs 15 |
| Equity Futures Brokerage
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0.05% |
Rs 15 |
| Equity Options Brokerage
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₹100 per lot or 1% of the premium (whichever is higher) |
Rs 15 |
| Currency Futures Trading Brokerage
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₹23 per contract |
Rs 15 |
| Currency Options Trading Brokerage
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₹20 per contract |
Rs 15 |
| Commodity Futures Trading Brokerage
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0.025% |
Rs 15 |
| Commodity Options Trading Brokerage
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₹100 per lot |
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Brokerage Plan 2
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HDFC Securities Ltd |
Trade Smart Online |
| Account Type |
Online Trading |
Value Plan |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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0.50% |
0.007% |
| Equity Intraday Brokerage
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0.10% |
0.007% |
| Equity Futures Brokerage
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0.05% |
0.007% |
| Equity Options Brokerage
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₹100 per lot or 1% of the premium (whichever is higher) |
Rs 7 Per Lot |
| Currency Futures Trading Brokerage
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₹23 per contract |
0.007% |
| Currency Options Trading Brokerage
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₹20 per contract |
Rs 7 Per Lot |
| Commodity Futures Trading Brokerage
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0.025% |
0.007% |
| Commodity Options Trading Brokerage
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₹100 per lot |
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Other Charges
| Minimum Brokerage Charges
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₹25 plus taxes |
Rs 15 |
| Other Brokerage Charges
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Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order |
| Call & Trade Charges
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₹0 |
Rs 20 per executed order |
Taxes
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HDFC Securities Ltd |
Trade Smart Online |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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HDFC Securities Ltd |
Trade Smart Online |
| Equity Delivery
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0.0035% |
| Equity Intraday
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0.0035% |
| Equity Futures
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0.0024% |
| Equity Options
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0.0715% |
| Currency Futures
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0.00165% |
| Currency Options
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0.06% |
| Commodity
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0.0039% |
Exposure
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HDFC Securities Ltd |
Trade Smart Online |
| Equity Delivery
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1x (no margin) |
| Equity Intraday
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30x trading margin |
| Equity Futures
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7x trading margin |
| Equity Options
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7x trading margin |
| Currency Futures
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3x trading margin |
| Currency Options
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3x trading margin |
| Commodity
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6x trading margin |
Share Broker Features
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HDFC Securities Ltd |
Trade Smart Online |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify |
NEST, NOW |
| Intraday Square-off Time
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3:30 PM |
Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing |
| Other Features
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E-Margin, ENCASH, |
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Broker Ratings (Average User Rating)
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HDFC Securities Ltd |
Trade Smart Online |
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166 Customer Reviews  |
57 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
HDFC Securities is Rated 2.2 / 5 based on 166 customer reviews |
Trade Smart Online is Rated 4.1 / 5 based on 57 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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HDFC Securities Ltd |
Trade Smart Online |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading |
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Customer Service Offered
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HDFC Securities Ltd |
Trade Smart Online |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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HDFC Securities Ltd |
Trade Smart Online |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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HDFC Securities Ltd |
Trade Smart Online |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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HDFC Securities Ltd |
Trade Smart Online |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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HDFC Securities Ltd |
Trade Smart Online |
| Pros
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- 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.
More Advantages... |
- EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of Rs 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 knowledgebase has lot information which is helpful for most customers.
More Advantages... |
| Cons
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- 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 ₹25
More Disadvantages... |
- 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.
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More Disadvantages... |
| Reviews
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Useful Articles:
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| Promo / Offers
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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.
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Enquire about HDFC Securities
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Enquire about Trade Smart Online
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| Compare More Brokers |
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Zerodha
Zero Account Opening Fee