Kotak Securities Vs TradeSmart (Compare Kotak Securities and TradeSmart)

The side-by-side comparison of Kotak Securities and TradeSmart. Compare Kotak Securities Vs TradeSmart brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Kotak Securities vs 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
Supported Exchnages BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Fixed Brokerage Plan Power Plan (₹15/Order)
Year of Incorporation 1994 1994
Number of Branches 1209 1
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 TradeSmart. Leave your contact info and we will get in touch with you.
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Kotak Securities Vs TradeSmart Charges & AMC

Kotak Securities trading account opening charges is ₹750 while TradeSmart account opening changes is ₹200. Kotak Securities Demat Account AMC Charges is ₹600 and TradeSmart Demat Account AMC Charges is ₹300.

  Kotak Securities TradeSmart
Trading Account Opening Charges ₹750 ₹200
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹200
Demat Account AMC Charges ₹600 ₹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 ₹15 per executed order and intraday is ₹15 per executed order.

  Kotak Securities TradeSmart
Account Type Fixed Brokerage Plan Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage 0.49% ₹15 per executed order
Equity Intraday Brokerage 0.049% (both side) ₹15 per executed order
Equity Futures Brokerage 0.049% (both side) ₹15 per executed order
Equity Options Brokerage ₹300 per lot ₹15 per executed order
Currency Futures Trading Brokerage ₹15 per executed order
Currency Options Trading Brokerage ₹15 per executed order
Commodity Futures Trading Brokerage 0.070% ₹15 per executed order
Commodity Options Trading Brokerage ₹15 per executed 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: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

Kotak Securities Vs TradeSmart Brokerage Plan 2

  Kotak Securities TradeSmart
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 ₹20 per lot 0.007%
Currency Options Trading Brokerage ₹20 to ₹7.5 per lot ₹7 Per Lot
Commodity Futures Trading Brokerage 0.007%
Commodity Options Trading Brokerage ₹7 Per Lot
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Kotak Securities Charges Vs TradeSmart

Minimum Brokerage Charges ₹21 per executed order ₹15 per executed order
Other Brokerage Charges SMS Alerts at ₹50 per month Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹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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Kotak Securities Vs TradeSmart Transaction Charges

Kotak Securities transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options) while TradeSmart exchange transaction charges for options is 0.0715%.

  Kotak Securities TradeSmart
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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Kotak Securities Vs TradeSmart Leverage (Margin)

Kotak Securities provides the margin of 50 times for intraday trades whereas the TradeSmart margin for intraday cash is 30x trading margin.

  Kotak Securities TradeSmart
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday 50 times 30x trading margin
Equity Futures 12 to 15 times MIS: 3X | BO: 7X | CO: 7X
Equity Options Selling: 200 times | Buying: 10 times MIS: 3X | BO: 7X | CO: 7X
Currency Futures NA MIS: 3X | BO: 3X | CO: 3X
Currency Options NA MIS: 3X | BO: NA | CO: NA
Commodity Futures NA MIS: 2X | BO: 6X | CO: 6X
Commodity Options MIS: NA | BO: NA | CO: NA
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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 Available 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 2.5 of 5 based on 152 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 64 customer reviews.

  Kotak Securities TradeSmart
  152 Customer Reviews    Rate Kotak Securities 64 Customer Reviews    Rate TradeSmart
Fees 2.5 3.8
Trading Brokerage 2.3 4.4
Trading Platform Usability 3.3 3.7
Customer Service 2.9 4.0
Research Capabilities 2.6 3.0
Overall Ratings Rated 2.5 stars Rated 4.0 stars
Broker Rating Kotak Securities is rated 2.5 of 5 based on 152 customer reviews TradeSmart is rated 4.0 of 5 based on 64 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.

FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

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Kotak Securities Vs TradeSmart Investment Options

  Kotak Securities TradeSmart
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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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.
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of ₹1000.
  • 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 ₹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.
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.

Limited Time Offer - Free Account Opening (₹400 waived)

Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat ₹15 per order.

Get this limited time offer
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