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HDFC Securities Vs TradeSmart (Compare HDFC Securities and TradeSmart)

HDFC Securities Ltd Logo

HDFC Securities
Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL and NSDL. HDFC Securities provides trading services through multiple trading platforms to make cust... Know more about HDFC Securities Ltd

VNS Finance & Capital Services Ltd Logo

About 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
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

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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

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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 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 Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding 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
Trading In SME Shares Allowed?
Referral Program Yes
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    Rate HDFC Securities 67 Customer Reviews    Rate TradeSmart
Fees 2.1 3.8
Brokerage 1.8 4.4
Trading Platform 2.9 3.8
Customer Service 2.5 4.0
Research Capabilities 2.7 2.7
Overall Ratings Rated 2.2 stars Rated 4.0 stars
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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Contact Broker / Request A Call Back

  HDFC Securities Enquire TradeSmart Enquire
Contact Broker 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. Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.

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HDFC Securities Vs TradeSmart Investment Options

  HDFC Securities TradeSmart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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.
  • 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.
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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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