Kotak Securities Vs TradeSmart (Compare Kotak Securities and TradeSmart)

Kotak Securities Vs TradeSmart

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	Kotak Securities	TradeSmart
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX
Year of Incorporation	1994	1994
Number of Branches	153	1
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Kotak Securities Vs TradeSmart Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while TradeSmart account opening changes is Rs 200. Kotak Securities Demat Account AMC Charges is Rs 600 and TradeSmart Demat Account AMC Charges is Rs 300.

	Kotak Securities	TradeSmart
Trading Account Opening Charges	Rs 0 (Free)	Rs 200
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 200
Demat Account AMC Charges	Rs 600	Rs 300

Kotak Securities Vs TradeSmart Brokerage

Kotak Securities brokerage charges for equity is 0.25% or Rs 20 whichever is higher and intraday is Free whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

Account Type	Kotak Securities Trade Free Plan	TradeSmart Power Plan
Fixed Charges		NA
Equity Delivery	0.25% or Rs 20 whichever is higher	Rs 15 per order
Equity Intraday	Free	Rs 15 per order
Equity Futures	Delivery: Rs 20 per trade | Intraday: Free	Rs 15 per order
Equity Options	Delivery: Rs 20 per trade | Intraday: Free	Rs 15 per order
Currency Futures	Delivery: Rs 20 per trade | Intraday: Free	Rs 15 per order
Currency Options	Delivery: Rs 20 per trade | Intraday: Free	Rs 15 per order
Commodity Futures	Delivery: Rs 20 per trade | Intraday: Free	Rs 15 per order
Commodity Options	Delivery: Rs 20 per trade | Intraday: Free	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.

Kotak Securities Vs TradeSmart Brokerage Plan 2

	Kotak Securities	TradeSmart
Account Type	Dealer Assisted Plan	Value Plan
Fixed Charges	Rs 499 (One Time)
Equity Delivery	0.39%	0.07%
Equity Intraday	0.039%	0.007%
Equity Futures	0.039%	0.007%
Equity Options	Rs 39 per lot	Rs 7 Per Lot
Currency Futures	Rs 9 per lot	0.007%
Currency Options	Rs 5 per lot	Rs 7 Per Lot
Commodity Futures	0.039%	0.007%
Commodity Options	Rs 39 per lot	Rs 7 Per Lot
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Kotak Securities Charges Vs TradeSmart

Minimum Brokerage	Rs 21 per executed order	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 50 per call	Rs 20 per executed order

Kotak Securities Vs TradeSmart Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while TradeSmart exchange transaction charges for options is 0.0715%.

	Kotak Securities	TradeSmart
Equity Delivery	NSE: 0.00325%, BSE: 0.00325%	0.0035%
Equity Intraday	NSE: 0.00325%, BSE: 0.00325%	0.0035%
Equity Futures	NSE: 0.0019%	0.0024%
Equity Options	NSE: 0.05% on Premium	0.0715%
Currency Futures	NSE: 0.0009%, BSE: 0.00022%	0.00165%
Currency Options	NSE: 0.035%, BSE: 0.001%	0.06%
Commodity	MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%	0.0039%
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Kotak Securities Vs TradeSmart Leverage (Margin)

Kotak 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.

	Kotak 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 Kotak Securities and TradeSmart Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. TradeSmart offers NEST, NOW, Spin trading software.

	Kotak 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	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite	NEST, NOW, Spin
Intraday Square-off Time		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	3-in-1 account
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Kotak Securities Vs TradeSmart Review

Kotak Securities is rated 2.4 of 5 based on 182 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

	Kotak Securities	TradeSmart
	182 Customer Reviews	67 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.4 of 5 based on 182 customer reviews	TradeSmart is rated 4.0 of 5 based on 67 customer reviews

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Kotak Securities Vs TradeSmart Investment Options

	Kotak Securities	TradeSmart
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Kotak Securities Vs TradeSmart Order Type Offered

	Kotak 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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Kotak Securities Vs TradeSmart Research Report

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

Kotak Securities Vs TradeSmart Suitable For Investor Type

	Kotak Securities	TradeSmart
Casual Investor
Active Investor
Trader

Kotak Securities Vs TradeSmart - Pros and Cons

	Kotak Securities	TradeSmart
Pros	Kotak Securities is a bank-based broker offering a 3-in-1 account. Brokerage free intraday trading with online trading plans. Zero brokerage across all segments for investors up to the age of 30 years. Company is part of leading private bank (Kotak Mahindra Bank). NEST trading platform is available for frequent traders. Charges are lowest amoung bank-based brokers.	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	High Equity delivery brokerage charges. High demat AMC changes (Rs 66 per month). Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox. A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years. The customer has to pay a yearly plan subscription fee of Rs 499. Very high brokerage in dealer-assisted brokerage plan. Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.	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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