TopShareBrokers.com Logo
FREE Account Opening + Zero AMC Fees* + MutualFund SIP
Loading...

Kotak Securities Vs TradeSmart: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Kotak Securities Max Rs. 20 per order per trade while the brokerage of TradeSmart ranges between Rs 15. Kotak Securities is a Full Service Broker where TradeSmart is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Kotak Securities is 10,56,932 where number of active customer for TradeSmart is 39,224. Kotak Securities is serving more customer compare to TradeSmart.

Here we present side-by-side comparison of Kotak Securities vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Kotak Securities vs TradeSmart'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.

Here we present side-by-side comparison of Kotak Securities vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Kotak Securities vs TradeSmart's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Kotak Securities vs TradeSmart on Service

  Kotak Securities Compare
Kotak Securities
TradeSmart Compare
TradeSmart
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 3 stars Rated 4 stars
Trading Platform Rated 4 stars Rated 4 stars
Investments Offering Rated 4.5 stars Rated 4 stars
Customer Service Rated 3.5 stars Rated 4 stars
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 10,56,932 39,224
Broker Overview Kotak Securities is India’s leading full-service stockbroker with over 12 Lakh active clients. Trinity 3-in-1 account offering, Rs. 20 flat brokerages, free intraday trading, advanced-technology trading software & tools, and the best resear... Know more about Kotak Securities Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha
Expand

Account Opening Charges and AMC

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

Comparison of Kotak Securities with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities offer Free account opening where TradeSmart charges Rs 200 for account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with TradeSmart
Charges Kotak Securities TradeSmart
Trading Account Opening Fees Free Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 200
Demat AMC Rs 600 PA Rs 300 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Kotak Securities vs TradeSmart on Plan Options

Plans are the most important feature you look when compare Kotak Securities with TradeSmart. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Kotak Securities with TradeSmart on Plan Options
Plan Types Kotak Securities TradeSmart
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Kotak Securities Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Kotak Securities vs TradeSmart on Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at a 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

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.

Brokerage Charges - Compare Kotak Securities with TradeSmart
Brokerage Charges Compare Kotak Securities TradeSmart
Plan Name Kotak Securities Trade Free Plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery 0.25% or Rs 20 whichever is higher Flat Fee Rs 15
Equity Intraday Free Flat Fee Rs 15
Equity Futures Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 15
Equity Options Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 15
Currency Futures Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 15
Currency Options Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 15
Commodity Trading Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 15
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No No
Funding 12.49% interest PA No
Call & Trade Charges 20 calls free and after that Rs 20 per call Rs 20 per executed Order
Auto Square off Charges 20 calls free and after that Rs 20 per call Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for TradeSmart
Expand

Share Broker's Transaction Charges

Compare Kotak Securities vs TradeSmart on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with TradeSmart
Transaction Charges Compare Kotak Securities TradeSmart
Equity Delivery Rs 325 Per Cr Rs 350 Per Cr
Equity Intraday Rs 325 Per Cr Rs 350 Per Cr
Equity Futures Rs 190 Per Cr Rs 240 Per Cr
Equity Options Rs 5000 Per Cr Rs 7150 Per Cr
Currency Futures Rs 110 Per Cr Rs 165 Per Cr
Currency Options Rs 4000 Per Cr Rs 6000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for trade-smart-online
Expand

Account Features

Compare Kotak Securities vs TradeSmart on Account Features

Compare Kotak Securities with TradeSmart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak 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 Kotak Securities doesn't offers Algo Trading. Margin Funding - Kotak Securities offers a margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Kotak Securities offers NRI where TradeSmart doesn't offers NRI Trading.

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

Trading Platform

Compare Kotak Securities vs TradeSmart on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and TradeSmart. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Kotak Securities with TradeSmart
Trading Platform Compare Kotak Securities TradeSmart
Desktop Trading Platform KEAT Pro X NEST Trader & Fox Trader
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://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat https://sine.tradesmartonline.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader Sine
Mobile Trading App Demo Kotak Stock Trader Demo Sine Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod Sine Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS Sine Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for trade-smart-online

Expand

Broker Ratings by Users

Compare Kotak Securities vs TradeSmart on User Rating

  Kotak Securities TradeSmart
  81 Customer Reviews    Rate Kotak Securities 34 Customer Reviews    Rate TradeSmart
Fees Ratings 2.6 3.9
Trading Brokerage Rating 2.7 4.4
Trading Platform Usability 3.2 3.7
Customer Service Ratings 3.1 4.0
Overall Ratings Rated 2.8 stars Rated 4.0 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 81 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
Expand

Investment Offerings

Compare Kotak Securities vs TradeSmart on Investment Offerings

Compare Kotak Securities with TradeSmart 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 broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Kotak 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 Kotak Securities with TradeSmart
Investment Offerings Compare Kotak Securities TradeSmart
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
Expand

Order Types

Compare Kotak Securities vs TradeSmart on Order Types

Order Type - Compare Kotak Securities with TradeSmart on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type 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) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Kotak Securities offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Kotak Securities with TradeSmart
Order Type Compare Kotak Securities TradeSmart
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
Expand

Customer Service Offered

Compare Kotak Securities vs TradeSmart on Customer Service

Compare Kotak Securities with TradeSmart on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Kotak Securities with TradeSmart
Customer Service Compare Kotak Securities TradeSmart
24/7 Customer Service Kotak Securities vs TradeSmart - 24x7 customer support No No
Email Support Kotak Securities vs TradeSmart - Email Support Yes Yes
Onine Live Chat Kotak Securities vs TradeSmart - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs TradeSmart - Phone Support Yes Yes
Toll Free Number Kotak Securities vs TradeSmart - Toll Free Number Yes No
Through Branches Kotak Securities vs TradeSmart - Through Branches Yes No
Customer Care Number Kotak Securities vs TradeSmart - Customer Care Number 1800 209 9191 022 61208000
Account Opening Process Kotak Securities vs TradeSmart - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs TradeSmart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs TradeSmart - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://help.tradesmartonline.in/
Head Office Address Kotak Securities vs TradeSmart - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website Kotak Securities vs TradeSmart - Company Website https://www.kotaksecurities.com https://tradesmartonline.in/
Expand

Tips/Research/Reports Published

Compare Kotak Securities vs TradeSmart on Research Reports, Tips

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

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

Demat Account

Compare Kotak Securities vs TradeSmart on Demat Account

Compare Kotak Securities with TradeSmart on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for TradeSmart is ₹300 pa where for Kotak Securities is ₹780 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Kotak Securities is 0.04% (Min ₹27) + CDSL charges where for TradeSmart is ₹25.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities with TradeSmart
  Kotak Securities TradeSmart
DP Source CDSL CDSL
DP ID Kotak Securities vs TradeSmart - DP ID 49200 30400
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹300 pa
Advance Deposit NA NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹25
Demat ₹3 per certificate + ₹50 courier charges ₹500 per certificate (Min ₹500 per request)
Remat ₹10 for every hundred securities (Min ₹15) ₹500 per certificate (Min ₹500 per request)
Pledge Creation 0.05% of transaction value (Min ₹30) ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹200 per script
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹200 per script
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

Expand

Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs TradeSmart on Special Offers and Promotion

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

Compare Kotak Securities vs TradeSmart on Special Offers and Promotion
  Kotak Securities TradeSmart
Pay In and Pay Out Options Kotak Securities vs TradeSmart - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
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.
Payout Time Kotak Securities vs TradeSmart - Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges Kotak Securities vs TradeSmart - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.
Bank Detail Direct from your Kotak Mahindra bank account. 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
Likes
  • Trinity 3-in-1 account opening facility.
  • Trade Free Plan charges Rs. 20 flat brokerages on F&O, commodity, and currency trading.
  • 0 brokerage on all trades for customers below 30 years age.
  • Free intraday trading with Trade Free Plan.
  • User-friendly mobile app and next-gen trading terminals (TradeSmart, KeatProX, and Nest).
  • Free access to Kotak Trade API to develop your own trading terminal.
  • Bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Cancelled (GTC) order.
  • Apply for IPOs, ETFs, and insurance.
  • Zero brokerage investment in mutual funds.
  • NRI trading facility is available.
  • Access to fundamental and technical calls and research reports.
  • Buy Now Sell Tomorrow (BNST) order feature.
  • Kotak University, a stock market, options trading, and mutual funds learning platform.
  • Margin trading facility.
  • Dealer-assisted trading.

Detail Review...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

Detail Review...

Dislikes
  • Its dedicated dealer-assisted plan charges a very high brokerage fee.
  • Account opening is not free (Rs. 499) in dealer-assisted plan.
  • Dealer-assisted plan charges a minimum brokerage fee of 21 per order subject to maximum 2.5% brokerage.
  • Kotak Zero brokerage plan is only for people below 30 years and valid only for 2 years.
  • High Demat AMC charges of Rs. 600 per year, Rs. 50 is charged monthly.

Detail Review...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Open Kotak Securities Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-01-12T21:46:37+00:00