Compare 3 Brokers

TradeSmart Vs HDFC Securities: Which one is better?

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.

Compare TradeSmart vs HDFC Securities on Service

  TradeSmart Compare
TradeSmart
HDFC Securities Compare
HDFC Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? 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...Know more about HDFC Securities
Broker Enquiry Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you. Open an Online Trading Account with HDFC Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare TradeSmart vs HDFC Securities on Trading & Demat Account Opening Charges

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 & Demat Account Opening Charges - Compare TradeSmart with HDFC Securities
Charges TradeSmart HDFC Securities
Trading Account Opening Fees Rs 200 Rs 999
Trading AMC Free Free
Demat Account Opening Fees Rs 200 Free
Demat AMC Rs 300 PA Rs 750 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare TradeSmart vs HDFC Securities on Plan Options

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.

Compare TradeSmart with HDFC Securities on Plan Options
Plan Types TradeSmart HDFC Securities
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  TradeSmart HDFC Securities
Account Opening Request
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Brokerage Charges

Compare TradeSmart vs HDFC Securities on Brokerage Charges

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 with HDFC Securities
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
Hidden Charges No Yes
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
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Share Broker's Transaction Charges

Compare TradeSmart vs HDFC Securities on Transaction Charges

Compare TradeSmart with HDFC Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare TradeSmart with HDFC Securities
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
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Account Features

Compare TradeSmart vs HDFC Securities on Account Features

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 - TradeSmart with HDFC Securities
Account Features Compare TradeSmart HDFC Securities
3 in 1 Account No TradeSmart have 2-in-1 account. Only Demate and Trading account. Yes, TradeSmart have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare TradeSmart vs HDFC Securities on Trading Platform

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 with HDFC Securities
Trading Platform Compare TradeSmart HDFC Securities
Desktop Trading Platform NEST Trader & Fox Trader Blink
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://sine.tradesmartonline.in/userMaster/login https://trade.hdfcsec.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sine HDFC securities Mobile
Mobile Trading App Demo Sine Demo HDFC securities Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Sine Download Andriod HDFC securities Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Sine Download iOS HDFC securities Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
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

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Broker Ratings by Users

Compare TradeSmart vs HDFC Securities on User Rating

  TradeSmart HDFC Securities
  34 Customer Reviews    Rate TradeSmart 90 Customer Reviews    Rate HDFC Securities
Fees Ratings 3.9 2.4
Trading Brokerage Rating 4.4 2.1
Trading Platform Usability 3.7 2.9
Customer Service Ratings 4.0 2.9
Overall Ratings Rated 4.0 stars Rated 2.5 stars
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
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Investment Offerings

Compare TradeSmart vs HDFC Securities on Investment Offerings

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 with HDFC Securities
Investment Offerings Compare TradeSmart HDFC Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application No Yes
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No Yes
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options NIL Insurance
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Order Types

Compare TradeSmart vs HDFC Securities on Order Types

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 Types - Compare TradeSmart with HDFC Securities
Order Type Compare TradeSmart HDFC Securities
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled No Yes
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Margin/Leverage

Compare TradeSmart vs HDFC Securities on Margin/Leverage

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.

Exposure/margin - Compare TradeSmart with HDFC Securities
Margin Product Compare TradeSmart HDFC Securities
Equity Delivery Margin TradeSmart vs HDFC Securities - Equity Delivery Margin Up to 1x Margin on Equity Delivery. Upto 4x via Margin Funding.
Equity Intraday Margin TradeSmart vs HDFC Securities - Equity Intraday Margin Up to 10x leverage for equity intraday. Upto 3x leverage for equity.
Futures Margin TradeSmart vs HDFC Securities - Futures Margin Up to 3x leverage for equity futures intraday (MIS). Upto 3x leverage for futures.
Options Margin TradeSmart vs HDFC Securities - 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 TradeSmart vs HDFC Securities - Equity CO Margin Up to 30x leverage for equity CO. Upto 10x margin/leverage in CO order for selected equity scripts.
Futures CO Margin TradeSmart vs HDFC Securities - Futures CO Margin Up to 7x leverage on equity/Index futures CO. Upto 4x margin/leverage in CO order.
Options CO Margin TradeSmart vs HDFC Securities - 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 TradeSmart vs HDFC Securities - Commodity Margin Up to 2x on commodity MIS, and up to 6x for CO. Info Not Available
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Customer Service Offered

Compare TradeSmart vs HDFC Securities on Customer Service

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 Support - Compare TradeSmart with HDFC Securities
Customer Service Compare TradeSmart HDFC Securities
24/7 Customer Service TradeSmart vs HDFC Securities - 24x7 customer support No No
Email Support TradeSmart vs HDFC Securities - Email Support Yes Yes
Onine Live Chat TradeSmart vs HDFC Securities - Onine Live Chat Yes Yes
Phone Support TradeSmart vs HDFC Securities - Phone Support Yes Yes
Toll Free Number TradeSmart vs HDFC Securities - Toll Free Number No No
Through Branches TradeSmart vs HDFC Securities - Through Branches No Yes
Customer Care Number TradeSmart vs HDFC Securities - Customer Care Number 022 61208000/42878000 91-22-3355336
Account Opening Process TradeSmart vs HDFC Securities - Account Opening Process Online/Paperless Offline
Customer Support Email TradeSmart vs HDFC Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education TradeSmart vs HDFC Securities - Knowledge Center/Education https://help.tradesmartonline.in/ https://www.hdfcsec.com/products/demolisting/
Head Office Address TradeSmart vs HDFC Securities - Head Office Address/Corporate Address Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Website TradeSmart vs HDFC Securities - Company Website https://tradesmartonline.in/ https://www.hdfcsec.com/
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Tips/Research/Reports Published

Compare TradeSmart vs HDFC Securities on Research Reports, Tips

Compare TradeSmart with HDFC Securities on research reports and tips provided by broker.

Research Reports - Compare TradeSmart with HDFC Securities
  TradeSmart HDFC Securities
Research Mutual Funds TradeSmart vs HDFC Securities - Research Mutual Funds No Yes
Research Equity Reports TradeSmart vs HDFC Securities - Research Equity Reports No Yes
Research ETF TradeSmart vs HDFC Securities - Research ETF No Yes
Daily Market Report TradeSmart vs HDFC Securities - Daily Market Report No Yes
Free Tips TradeSmart vs HDFC Securities - Free Tips No Yes
Quarterly Result Analysis TradeSmart vs HDFC Securities - Quarterly Results No Yes
News Alerts TradeSmart vs HDFC Securities - No Yes
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Demat Account

Compare TradeSmart vs HDFC Securities on Demat Account

Compare TradeSmart with HDFC Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare TradeSmart with HDFC Securities
  TradeSmart HDFC Securities
DP Source CDSL CDSL
DP ID TradeSmart vs HDFC Securities - DP ID 30400 12400
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/-
Statutory charges Nil Nil
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
Nil
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
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare TradeSmart vs HDFC Securities on Special Offers and Promotion

Compare TradeSmart with HDFC Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare TradeSmart vs HDFC Securities on Special Offers and Promotion
  TradeSmart HDFC Securities
Pay In and Pay Out Options TradeSmart vs HDFC Securities - 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 TradeSmart vs HDFC Securities - Payout Time Up to 24 Hrs except Bank Holidays. Instant to HDFC Bank.
Bank Supported and Charges TradeSmart vs HDFC Securities - 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.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Direct from your HDFC bank account.
Likes
  • Time saver live-chat service with customers to resolve their queries.
  • Fair trading margins available for trading in currency and commodity.
  • Support “Offer for Sale” (OFS).
  • NEST, one of the proven desktop trading platforms.

Detail Review...

  • Unique integrated 3 in 1 account.
  • ENCASH Service where u get sell script amount on same day.
  • Training and education.
  • Portfolio tracker and live market watch.
  • Offers NRI account.

Detail Review...

Dislikes
  • Lacking in-house research.
  • No online process to invest in IPO, FPO, Buyback.
  • Mutual Funds investment option is not available.
  • The process is not defined for NRI customers.
  • In-house trading platforms are missing.

Detail Review...

  • Doesn't offer trading in commodity.
  • Having a saving account with HDFC is must.
  • Minimum brokerage charges.
  • Desktop Terminal "BLINK" is paid service.
  • Paid SMS research call.

Detail Review...

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







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