Kotak Securities Vs TradeSmart (Compare Kotak Securities and TradeSmart)

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
	Open Kotak Securities Account	Open TradeSmart Account

Kotak Securities Vs TradeSmart Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while TradeSmart account opening changes is Free. Kotak Securities Demat Account AMC Charges is Rs 600 and TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free).

	Kotak Securities	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 Securities Vs TradeSmart Brokerage

Kotak Securities brokerage charges for equity is 0.20% 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 Securities Trade Free Plan	TradeSmart Power Plan
Fixed Charges		NA
Equity Delivery	0.20%	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: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now	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	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 Securities Account	Open TradeSmart Account

Kotak Securities Vs TradeSmart Brokerage Plan 3

	Kotak Securities	TradeSmart
Account Type	Trade Free Pro	Power Plan
Fixed Charges		NA
Equity Delivery	0.10%	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 Securities Account	Open TradeSmart Account

Kotak Securities Charges Vs TradeSmart

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 Securities Account	Open TradeSmart Account

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)
	Open Kotak Securities Account	Open TradeSmart Account

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 Mobile trading app, Desktop trading application, Browser, APIs trading software.

	Kotak Securities	TradeSmart
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite	Mobile trading app, Desktop trading application, Browser, APIs
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
Other Features	3-in-1 account
	Open Kotak Securities Account	Open TradeSmart Account

Kotak Securities Vs TradeSmart Review

Kotak Securities is rated of 5 based on 200 customer reviews whereas TradeSmart is rated of 5 based on 67 customer reviews.

	Kotak Securities	TradeSmart
	200 Customer Reviews	67 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews	TradeSmart is Rated 4.0 / 5 based on 67 customer reviews

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Kotak Securities Vs TradeSmart Investment Options

	Kotak Securities	TradeSmart
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Kotak Securities Vs TradeSmart Order Type Offered

	Kotak Securities	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 Securities Account	Open TradeSmart Account

Kotak Securities Vs TradeSmart Suitable For Investor Type

	Kotak Securities	TradeSmart
Casual Investor
Active Investor
Trader

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 has been 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. Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox. A widely advertised Zero Stock Delivery Brokerage Plan is available only to investors up to the age of 30 years. The account switching fees for existing clients is Rs 499. Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.	Call and Trade is charged an extra Rs 20 per executed order. Physical contract notes Rs 20 per contract note + courier charges Intraday positions (MIS, CO & BO) squared off by the RMS team are charged at Rs 20. 24/7 customer service is not available. Doesn't provide daily market reports, free tips, news alerts and technical analysis. 3-in-1 accounts are not available as the company doesn't provide banking services.
Reviews		Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
Promo / Offers	Kotak Securities Special Offer Kotak Securities Trade Free Plan Open a 3-in-1 account and get: Brokerage-Rs 10 Intraday trades (Equity and F&O). Flat Rs. 10 per trade brokerage in F&O Interested in opening a trading account? Open Instant Account Now	TradeSmart Special Offer Flat Rs 15 per trade (FREE Account Opening) Outstanding Support 29+ Years of expertise Advanced Order Types This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.
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