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Kotak Securities Vs TradeSmart (Compare Kotak Securities and TradeSmart)

Kotak Securities Ltd Logo

Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Portfolio Management services (PMS), research, margin trade funding, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a ... Know more about Kotak 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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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

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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

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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 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 Yes No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes 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
Trading In SME Shares Allowed?
Referral Program Yes
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    Rate Kotak Securities 67 Customer Reviews    Rate TradeSmart
Fees 2.3 3.8
Brokerage 2.3 4.4
Trading Platform 3.2 3.8
Customer Service 2.8 4.0
Research Capabilities 2.4 2.7
Overall Ratings Rated 2.4 stars Rated 4.0 stars
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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Contact Broker / Request A Call Back

  Kotak 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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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 Yes 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
  • 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:
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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