The brokerage of TradeSmart Max Rs 15 per trade while the brokerage of HDFC Securities ranges between .05 to .5%. TradeSmart is a Discount Broker where HDFC Securities is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5.
Here we present side-by-side comparison of TradeSmart vs HDFC Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared TradeSmart vs HDFC Securities's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||BSE, NSE|
|Broker Overview||TradeSmart, on the whole, provides clients a well-rounded offering worth being a client for, especially with its mix of brokerage plan choice (flat fee or percentage based), secure & fast trading tools and active customer support.||Runner up in the "Best e-brokerage House" category by Outlook Money, HDFC Securities offers both retail and institutional brokering with 250 branches and more than 1.5 million customers. HDFC securities also serves as a distributor of financial produ...|
In this section we have compared TradeSmart with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - TradeSmart charges Rs 200 for account opening where HDFC Securities charges Rs 999 for account opeing. Demat AMC charges - TradeSmart charges Rs 300 PA AMC for Demat account where HDFC Securities charges Rs 750 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Rs 200||Rs 999|
|Demat Account Opening Fees||Rs 200||Free|
|Demat AMC||Rs 300 PA||Rs 750 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare TradeSmart with HDFC Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart provide Multiple Plans where HDFC Securities doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.
|Plan Types||TradeSmart||HDFC Securities|
|Account Opening Request|
TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.
HDFC Securities Brokerage Plan detail - HDFC Securities have % base brokerage plan, where Minimum brokerage is fix @Rs25 Per Order. They are second best in Currency derivatives plan. Equity Intraday & Option prices are on higher range and Equity Delivery & Future trading is on average brokerage level with compare to other full service brokers.
|Brokerage Charges Compare||TradeSmart||HDFC Securities|
|Plan Name||Flat Fee Rs 15 Trading Plan (Power Plan)||Online Trading Plan (Percentage Based)|
|Equity Delivery||Flat Fee Rs 15||0.5% or 50 paisa|
|Equity Intraday||Flat Fee Rs 15||0.05% or 5 paisa|
|Equity Futures||Flat Fee Rs 15||0.05% or 5 paisa|
|Equity Options||Flat Fee Rs 15||0.1% of Premium or Rs 100 per lot whichever is high|
|Currency Futures||Flat Fee Rs 15||Rs 23 per lot|
|Currency Options||Flat Fee Rs 15||Rs 20 per lot|
|Commodity Trading||Flat Fee Rs 15||NA|
|Minimum Brokerage||NIL||Rs 25|
|Funding||No||Yes - 18% interest PA|
|Call & Trade Charges||Rs 20 per executed Order||Free|
|Brokerage Calculator||Brokerage Calculator for TradeSmart||Brokerage Calculator for HDFC Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for TradeSmart||SPAN Margin Calculator for HDFC Securities|
Compare TradeSmart with HDFC Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||TradeSmart||HDFC Securities|
|Equity Delivery||Rs 350 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 350 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 240 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 7150 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 165 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 6000 Per Cr||Rs 4000 Per Cr|
|Commodity||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr||NA|
|Brokerage Charges||Complete Brokerage Plans for trade-smart-online||Complete Brokerage Plans for hdfc-securities|
Compare TradeSmart with HDFC Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Securities offers 3-in-1 account where TradeSmart offers only 2-in-1 account which includes trading and demat account. Algo Trading - TradeSmart offers Algo Trading where HDFC Securities doesn't offers Algo Trading. Margin Funding - both brokers dont have margin funing facility. NRI Trading - HDFC Securities offers NRI where TradeSmart doesn't offers NRI Trading.
|Account Features Compare||TradeSmart||HDFC Securities|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart and HDFC Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
|Trading Platform Compare||TradeSmart||HDFC Securities|
|Desktop Trading Platform||NEST Trader & Fox Trader||Blink|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://sine.tradesmartonline.in/userMaster/login||https://trade.hdfcsec.com/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Sine||HDFC securities Mobile|
|Mobile Trading App Demo||Sine Demo||HDFC securities Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod Sine Download||Andriod HDFC securities Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Sine Download||iOS HDFC securities Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Yes, Blink - Rs 3999 PA,ProTerminal -Rs 1999 PA|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for TradeSmart||Equity Intraday and Delivery Brokerage Calculator for HDFC Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for TradeSmart||Futures Brokerage Calculator for HDFC Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for TradeSmart||Options Brokerage Calculator for HDFC Securities|
|Detail||Detail on Trading Platforms for trade-smart-online||Detail on Trading Platforms for hdfc-securities|
|34 Customer Reviews||90 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||TradeSmart is Rated 4.0 / 5 based on 34 customer reviews||HDFC Securities is Rated 2.5 / 5 based on 90 customer reviews|
Compare TradeSmart with HDFC Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - both brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - TradeSmart offers trading options in Commodity (MCX) where HDFC Securities doesn't offer. Online Mutual Fund Investment - HDFC Securities offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||TradeSmart||HDFC Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||Insurance|
Order Type - Compare TradeSmart with HDFC Securities on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - TradeSmart provide Bracket Orders (BO) where HDFC Securities doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- TradeSmart offers After Market Orders where HDFC Securities doesn't offers AMO. GTC Orders- HDFC Securities offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||TradeSmart||HDFC Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre TradeSmart with HDFC Securities on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||TradeSmart||HDFC Securities|
|Equity Delivery Margin||Up to 1x Margin on Equity Delivery.||Upto 4x via Margin Funding.|
|Equity Intraday Margin||Up to 10x leverage for equity intraday.||Upto 3x leverage for equity.|
|Futures Margin||Up to 3x leverage for equity futures intraday (MIS).||Upto 3x leverage for futures.|
|Options Margin||Up to 3x for Index options selling, no leverage on options buying.||Upto 3x margin for Options shorting, No leverage for option buying.|
|Equity CO Margin||Up to 30x leverage for equity CO.||Upto 10x margin/leverage in CO order for selected equity scripts.|
|Futures CO Margin||Up to 7x leverage on equity/Index futures CO.||Upto 4x margin/leverage in CO order.|
|Options CO Margin||Up to 7x leverage on options selling and 1.33x for options buying via CO.||Upto 4x margin/leverage in CO order.|
|Commodity Margin||Up to 2x on commodity MIS, and up to 6x for CO.||Info Not Available|
Compare TradeSmart with HDFC Securities on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
|Customer Service Compare||TradeSmart||HDFC Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022 61208000/42878000||91-22-3355336|
|Account Opening Process||Online/Paperless||Offline|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Trade Smart Online,
Marol Maroshi Road,
Mumbai, MH 400059
|LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
Compare TradeSmart with HDFC Securities on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare TradeSmart with HDFC Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹300 pa||₹750 pa|
|Advance Deposit||NIL||Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-|
|Transaction Charges on Debit (Per ISIN)||₹25||0.04% (Min ₹20) + CDSL charges|
|Demat||₹500 per certificate (Min ₹500 per request)||₹5 per certificate + ₹35 request charges|
|Remat||₹500 per certificate (Min ₹500 per request)||₹30|
|Pledge Creation||₹200 per script
₹50 for trading margin each side
|Pledge Creation Confirmation||Nil||0.04% of transaction value (Min ₹40)|
|Pledge Closure||₹200 per script||Nil|
|Pledge Closure Confirmation||Nil||0.04% of transaction value (Min ₹40)|
|Pledge Invocation||₹200 per script||0.04% of transaction value (Min ₹40)|
|Failed Instruction Charges||Nil||Nil|
Compare TradeSmart with HDFC Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Payout Time||Up to 24 Hrs except Bank Holidays.||Instant to HDFC Bank.|
|Bank Supported and Charges||Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.||Info Not Available|
|Bank Detail||VNS Finance and Capital Services Ltd.,
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
|Direct from your HDFC bank account.|
|Special Offers/Promo||Free Account Opening, Rs 400 Waived for a limited time.||Get HDFC Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.|
|Enquiry||Enquire about TradeSmart||Enquire about HDFC Securities|
Last Updated on 2019-07-23T02:08:46+00:00