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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.

  Kotak Securities Ltd Trade Smart Online
 
Kotak Securities Ltd Logo Trade Smart Online Logo
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... Know more about Kotak Securities Ltd 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... Know more about Trade Smart Online
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Account Type Fixed Brokerage Plan Power Plan (₹15/Order)
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Trade Smart Online. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Stock Broker Fees / Charges

  Kotak Securities Ltd Trade Smart Online
Trading Account Opening Fees ₹750 ₹200
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹200
Demat Account AMC ₹600 ₹300
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Kotak Securities Ltd Trade Smart Online
Account Type Fixed Brokerage Plan Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage 0.49% ₹15
Equity Intraday Brokerage 0.049% (both side) ₹15
Equity Futures Brokerage 0.049% (both side) ₹15
Equity Options Brokerage ₹300 per lot ₹15
Currency Futures Trading Brokerage ₹15
Currency Options Trading Brokerage ₹15
Commodity Futures Trading Brokerage 0.070% ₹15
Commodity Options Trading Brokerage ₹15

Brokerage Plan 2

  Kotak Securities Ltd Trade Smart Online
Account Type Dynamic Brokerage Plan Value Plan
Fixed Charges
Equity Delivery Brokerage 0.59% to 0.30% 0.007%
Equity Intraday Brokerage 0.06% to 0.05% 0.007%
Equity Futures Brokerage 0.07% to 0.05% 0.007%
Equity Options Brokerage 2.5% to 1.8% ₹7 Per Lot
Currency Futures Trading Brokerage 0.04% or Rs 20 per lot 0.007%
Currency Options Trading Brokerage Rs 20 to Rs 7.5 per lot ₹7 Per Lot
Commodity Futures Trading Brokerage 0.007%
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹21 per executed order ₹15
Other Brokerage Charges SMS Alerts at ₹50 per month Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges ₹20 per call after first 20 free calls in a month ₹20 per executed order
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Taxes

  Kotak Securities Ltd Trade Smart Online
Securities Transaction Tax (STT)
  • 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)
  • 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)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Kotak Securities Ltd Trade Smart Online
Equity Delivery 0.1% (Buy and Sell) 0.0035%
Equity Intraday 0.025% (on Sell trade) 0.0035%
Equity Futures 0.01% (on Sell trade) 0.0024%
Equity Options 0.05% (on Sell trade premium) or 0.125% (on options) 0.0715%
Currency Futures NA 0.00165%
Currency Options NA 0.06%
Commodity 0.01% on sell side 0.0039%
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Exposure

  Kotak Securities Ltd Trade Smart Online
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday 50 times 30x trading margin
Equity Futures 12 to 15 times 7x trading margin
Equity Options Selling: 200 times | Buying: 10 times 7x trading margin
Currency Futures NA 3x trading margin
Currency Options NA 3x trading margin
Commodity NA 6x trading margin
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Share Broker Features

  Kotak Securities Ltd Trade Smart Online
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 Available No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) No
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
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Broker Ratings (Average User Rating)

  Kotak Securities Ltd Trade Smart Online
  135 Customer Reviews    Rate Kotak Securities 58 Customer Reviews    Rate Trade Smart Online
Fees Ratings 2.5 3.9
Trading Brokerage Rating 2.4 4.5
Trading Platform Usability 3.4 3.7
Customer Service Ratings 3.0 4.1
Overall Ratings Rated 2.6 stars Rated 4.1 stars
Broker Rating Kotak Securities is Rated 2.6 / 5 based on 135 customer reviews Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Ltd Trade Smart Online
Contact / Request Call Back
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Investment Options Available

  Kotak Securities Ltd Trade Smart Online
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No No
Other Investment Options
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Customer Service Offered

  Kotak Securities Ltd Trade Smart Online
24/7 Customer Service No No
Onine Live Chat Yes Yes
Through Branches Yes No
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Order Type

  Kotak Securities Ltd Trade Smart Online
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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Research / Tips / Reports Published

  Kotak Securities Ltd Trade Smart Online
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Suitable for Investor Category

  Kotak Securities Ltd Trade Smart Online
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Pros, Cons and Other Review Comments

  Kotak Securities Ltd Trade Smart Online
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.

More Advantages...

  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of ₹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 knowledge base has lot information which is helpful for most customers.

More Advantages...

Cons
  • 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 ₹20 per executed order.
  • Physical contract notes ₹20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹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.

More Disadvantages...

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.

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