About Kotak Neo
Incorporated in 1994, Kotak Neo 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 Research SMS, margin trading, depository services and third-party products like insurance. The company also provides d... 
About TradeSmart
TradeSmart is a Mumbai-based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmartFintech Securities Ltd, formerly registered as VNS Finance & Capital Services Ltd; is a traditional brokerage company incorporated in 1994 to offer brokerage services to Indian Stock, Commodity & Currency market investors and traders through franchisees and sub-brok...
Incorporated in 1994, Kotak Neo 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 Neo | 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 |
| Open Kotak Neo Account | Open TradeSmart Account |
Kotak Neo trading account opening charges is Rs 0 (Free) while TradeSmart account opening changes is Free. Kotak Neo Demat Account AMC Charges is Rs 600 and TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free).
| Kotak Neo | TradeSmart | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Free |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Free |
| Demat Account AMC Charges | Rs 600 | Rs 300 (1st Year Free) |
Kotak Neo Brokerage Charges for equity is 0.20% (free for the first 30 days) and intraday is Rs 10 per order or 0.05%, whichever is lower whereas TradeSmart brokerage charges for equity is Rs 15 per order and Intraday is Rs 15 per order.
| Account Type | Kotak Neo Trade Free Plan | TradeSmart Power Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% (free for the first 30 days) | Rs 15 per order |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 15 per order |
| Equity Futures | Rs 10 per order | Rs 15 per order |
| Equity Options | Rs 10 per order | Rs 15 per order |
| Currency Futures | Rs 10 per order | Rs 15 per order |
| Currency Options | Rs 10 per order | Rs 15 per order |
| Commodity Futures | Rs 10 per order | Rs 15 per order |
| Commodity Options | Rs 10 per order | Rs 15 per order |
| Special Offer | Special Offer: Trade smarter with Kotak Neo low-cost plans. | Special Offer: Free Account Opening (No charges)| Trade at Flat ₹15/order brokerage across segments (Intraday, Delivery, and F&O) Open Instant Account online with TradeSmart and start trading today. |
| Kotak Neo | TradeSmart | |
|---|---|---|
| Account Type | Trade Free Youth | Value Plan |
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 | 0.07% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.007% |
| Equity Futures | Rs 10 per order | 0.007% |
| Equity Options | Rs 10 per order | Rs 7 Per Lot |
| Currency Futures | Rs 10 per order | 0.007% |
| Currency Options | Rs 10 per order | Rs 7 Per Lot |
| Commodity Futures | Rs 10 per order | 0.007% |
| Commodity Options | Rs 10 per order | Rs 7 Per Lot |
| Open Kotak Neo Account | Open TradeSmart Account |
| Kotak Neo | TradeSmart | |
|---|---|---|
| Account Type | Trade Free Pro | Power Plan |
| Fixed Charges | Rs 249 | NA |
| Equity Delivery | 0.10% (free for the first 30 days) | Rs 15 per order |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 15 per order |
| Equity Futures | Rs 10 per order | Rs 15 per order |
| Equity Options | Rs 10 per order | Rs 15 per order |
| Currency Futures | Rs 10 per order | Rs 15 per order |
| Currency Options | Rs 10 per order | Rs 15 per order |
| Commodity Futures | Rs 10 per order | Rs 15 per order |
| Commodity Options | Rs 10 per order | Rs 15 per order |
| Open Kotak Neo Account | Open TradeSmart Account |
| Minimum Brokerage | 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 49 + GST per executed order | Rs 20 per executed order |
| Open Kotak Neo Account | Open TradeSmart Account |
Kotak Neo margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the TradeSmart margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Kotak Neo | 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) |
| Open Kotak Neo Account | Open TradeSmart Account |
The trading platforms offered Kotak Neo include Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal. TradeSmart offers Mobile trading app, Desktop trading application, Browser, APIs trading software.
| Kotak Neo | TradeSmart | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal | Mobile trading app, Desktop trading application, Browser, APIs |
| Intraday Square-off Time | 3:20 P.M | Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Kotak Neo Account | Open TradeSmart Account |
Kotak Neo is rated of 5 based on 202 customer reviews whereas TradeSmart is rated of 5 based on 67 customer reviews.
| Kotak Neo | TradeSmart | |
|---|---|---|
202 Customer Reviews  | 67 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  | |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews | TradeSmart is Rated 4.0 / 5 based on 67 customer reviews |
| Kotak Neo | TradeSmart | |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Neo low-cost plans. | Free Account Opening (No charges)| Trade at Flat ₹15/order brokerage across segments (Intraday, Delivery, and F&O) Open Instant Account online with TradeSmart and start trading today. |
| Kotak Neo | TradeSmart | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Neo | TradeSmart | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Kotak Neo Account | Open TradeSmart Account |
| Kotak Neo | TradeSmart | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Neo | TradeSmart | |
|---|---|---|
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| Reviews | Useful Articles:
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| Promo / Offers | Kotak Neo Special OfferKotak Neo Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | TradeSmart Special OfferSimple & Transparent Brokerage @ ₹15
This is a limited-time offer. Open Instant TradeSmart Account online and start trading today. |
| Open Kotak Neo Account | Open TradeSmart Account |
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