Kotak Securities Vs TradeSmart (Compare Kotak Securities and TradeSmart)


Kotak Securities
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh customers. They corporate members with the Bombay Stock Exchange and the National Stock Exchange. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). Kotak securitie... Know more about Kotak Securities Ltd


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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Kotak Securities Vs TradeSmart

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 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 1209 1
Open an Online Trading Account with Kotak Securities.Open an Online Trading Account with TradeSmart.
Enquire Kotak SecuritiesOpen TradeSmart Account
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Kotak Securities Vs TradeSmart Charges & AMC

Kotak Securities trading account opening charges is Rs 750 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 750 Rs 200
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 200
Demat Account AMC Charges Rs 600 Rs 300
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Kotak Securities Vs TradeSmart Brokerage Charges & Plans

Kotak Securities Vs TradeSmart Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.

  Kotak Securities TradeSmart
Account Type Fixed Brokerage Plan Power Plan
Fixed Charges NA
Equity Delivery 0.49% Rs 15 per order
Equity Intraday 0.049% (both side) Rs 15 per order
Equity Futures 0.049% (both side) Rs 15 per order
Equity Options Rs 300 per lot Rs 15 per order
Currency Futures Rs 15 per order
Currency Options Rs 15 per order
Commodity Futures 0.070% Rs 15 per order
Commodity Options Rs 15 per order
Special Offer
Special Offer: Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.
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 Dynamic Brokerage Plan Value Plan
Fixed Charges
Equity Delivery 0.59% to 0.30% 0.07%
Equity Intraday 0.06% to 0.05% 0.007%
Equity Futures 0.07% to 0.05% 0.007%
Equity Options 2.5% to 1.8% Rs 7 Per Lot
Currency Futures 0.04% or Rs 20 per lot 0.007%
Currency Options Rs 20 to Rs 7.5 per lot Rs 7 Per Lot
Commodity Futures 0.007%
Commodity Options 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 SMS Alerts at Rs 50 per month Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges Rs 20 per call after first 20 free calls in a month Rs 20 per executed order
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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 6 times of the trade value based on the volatility of the stock whereas the TradeSmart margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Kotak Securities TradeSmart
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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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 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 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
Other Features 3-in-1 account
Referral Program Yes
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Kotak Securities Vs TradeSmart Review

Kotak Securities is rated 2.4 of 5 based on 170 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 67 customer reviews.

  Kotak Securities TradeSmart
  170 Customer Reviews    Rate Kotak Securities 67 Customer Reviews    Rate TradeSmart
Fees 2.4 3.8
Brokerage 2.3 4.4
Trading Platform 3.3 3.8
Customer Service 2.8 4.0
Research Capabilities 2.6 2.7
Overall Ratings Rated 2.4 stars Rated 4.0 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 170 customer reviews TradeSmart is rated 4.0 of 5 based on 67 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Enquire TradeSmart Enquire
Contact Broker Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.
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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Kotak Securities Vs TradeSmart Investment Options

  Kotak Securities TradeSmart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No No
Other Investment Options
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Kotak Securities Vs TradeSmart Order Type Offered

  Kotak 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) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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Kotak Securities Vs TradeSmart Research Report

  Kotak Securities TradeSmart
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Kotak Securities Vs TradeSmart Suitable For Investor Type

  Kotak Securities TradeSmart
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Kotak Securities Vs TradeSmart - Pros and Cons

  Kotak Securities TradeSmart
Pros
  • Offers 3-in-1 Account (trinity account).
  • Kotak Security is a full services broker offering wide range of investment options and research reports.
  • Kotak Securities has extended network of 1400+ branches across India.
  • It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market.
  • Kotak offers 5 different trading platforms to fulfill almost all customer requirements.
  • 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
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
  • 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:
Promo / Offers

Kotak 3-in-1 Account

Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.

Looking for an online trading account? Request Callback from a stock broker.

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.

Enquire Kotak SecuritiesOpen TradeSmart Account

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