Kotak Securities Vs Trade Smart Online Share Broker Comparison
The side-by-side comparison of Kotak Securities Ltd and Trade Smart Online stock brokers in India. The comparison below highlights the similarities and differences between Kotak 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 Kotak Securities and Trade Smart Online.
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Kotak Securities Ltd |
Trade Smart Online |
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| About the Broker |
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 cu...  |
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, MCX-SX, MCX, NCDEX |
BSE, NSE, MCX, NCDEX |
| Account Type
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Fixed Brokerage Plan |
Power Plan (Rs 15/Order) |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Kotak Securities Ltd |
Trade Smart Online |
| Trading Account Opening Fees
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Rs 750 |
Rs 300 |
| Trading Account AMC
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Rs 0 |
Rs 0 |
| Demat Account Opening Fees
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Rs 0 |
Rs 500 |
| Demat Account AMC
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Rs 600 |
Rs 300 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Kotak Securities Ltd |
Trade Smart Online |
| Account Type |
Fixed Brokerage Plan |
Power Plan (Rs 15/Order) |
| Fixed Charges
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| Equity Delivery Brokerage
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0.49% |
Rs 15 |
| Equity Intraday Brokerage
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0.049% |
Rs 15 |
| Equity Futures Brokerage
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0.049% |
Rs 15 |
| Equity Options Brokerage
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Rs 300 |
Rs 15 |
| Currency Futures Trading Brokerage
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Rs 15 |
| Currency Options Trading Brokerage
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Rs 15 |
| Commodity Futures Trading Brokerage
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0.070% |
Rs 15 |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Kotak Securities Ltd |
Trade Smart Online |
| Account Type |
Dynamic Brokerage Plan |
Value Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.59% to 0.30% |
0.007% |
| Equity Intraday Brokerage
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0.06% to 0.05% |
0.007% |
| Equity Futures Brokerage
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0.07% to 0.05% |
0.007% |
| Equity Options Brokerage
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2.5% to 1.8% |
Rs 7 Per Lot |
| Currency Futures Trading Brokerage
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0.04% or Rs 20 per lot |
0.007% |
| Currency Options Trading Brokerage
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Rs 20 to Rs 7.5 per lot |
Rs 7 Per Lot |
| Commodity Futures Trading Brokerage
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0.007% |
| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Kotak Securities Ltd |
Trade Smart Online |
| Account Type |
Fixed Brokerage Plan |
Infinity Plan (Unlimited Trading) |
| Fixed Charges
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Rs 3999 |
| Equity Delivery Brokerage
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0.49% |
Rs 0 |
| Equity Intraday Brokerage
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0.049% |
Rs 0 |
| Equity Futures Brokerage
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0.049% |
Rs 0 |
| Equity Options Brokerage
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Rs 300 |
Rs 0 |
| Currency Futures Trading Brokerage
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NA |
| Currency Options Trading Brokerage
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NA |
| Commodity Futures Trading Brokerage
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0.070% |
NA |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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4 paise for delivery and 3 paise for Intraday and Futures orders |
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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Rs 20 per executed order |
Taxes
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Kotak 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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Kotak 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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Kotak Securities Ltd |
Trade Smart Online |
| Equity Delivery
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1x (no margin) |
4x trading margin though EquiMax funding* (with 0.05% delayed payment charges) |
| Equity Intraday
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50 times |
30x trading margin |
| Equity Futures
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12 to 15 times |
5x trading margin |
| Equity Options
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Selling: 200 times | Buying: 10 times |
5x trading margin |
| Currency Futures
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NA |
3x trading margin |
| Currency Options
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NA |
3x trading margin |
| Commodity
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NA |
5x trading margin |
Share Broker Features
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Kotak 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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| Trading Platform
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NEST, NOW |
| Intraday Square-off Time
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Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing |
| Other Features
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Trading software terminal: Keat Pro X |
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Broker Ratings (Average User Rating)
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Kotak Securities Ltd |
Trade Smart Online |
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132 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 |
Kotak Securities is Rated 2.6 / 5 based on 132 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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Kotak 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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Customer Service Offered
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Kotak 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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Kotak 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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Kotak 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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Kotak 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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Kotak Securities Ltd |
Trade Smart Online |
| Pros
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- Offers 3-in-1 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.
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 3 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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- The brokerage changed by them of higher than the discount brokers.
- Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
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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Enquire about Kotak Securities
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Enquire about Trade Smart Online
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Zero Account Opening Fee