Compare 3 Brokers

Kotak Securities Vs TradeSmart: Which one is better?

The brokerage of Kotak Securities Max .049 to .49% 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.

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.

Compare Kotak Securities vs TradeSmart on Service

  Kotak Securities Compare
Kotak Securities
TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX-SX, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders. 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.
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

In this section we have compared Kotak Securities with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where TradeSmart charges Rs 200 for account opeing. 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 Rs 750 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
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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 copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart provides Multiple Plans where Kotak Securities doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Kotak Securities TradeSmart
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs TradeSmart on Brokerage Charges

Kotak Securities Brokerage Plan detail - This plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it.

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 Fixed Brokerage Trading Plan (Percentage Based) Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery 0.49% or 49 paisa Flat Fee Rs 15
Equity Intraday 0.049% or 5 paisa Flat Fee Rs 15
Equity Futures 0.049% or 5 paisa Flat Fee Rs 15
Equity Options Rs 300 Per Lot Flat Fee Rs 15
Currency Futures .02% or Rs. 10 per lot whichever is higher Flat Fee Rs 15
Currency Options Rs 10 Per Lot Flat Fee Rs 15
Commodity Trading NA Flat Fee Rs 15
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No No
Funding Yes - 18% interest PA No
Call & Trade 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
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for TradeSmart
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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 NA 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
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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 - both brokers dont have margin funing facility. 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 No 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
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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 link 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

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Broker Ratings by Users

Compare Kotak Securities vs TradeSmart on User Rating

  Kotak Securities TradeSmart
  79 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 79 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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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 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 Kotak Securities doesn't offer. 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 No 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
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Order Types

Compare Kotak Securities vs TradeSmart on Order Types

Order Type - Compare Kotak Securities with TradeSmart 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) - both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. 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)- both offers AMO facility. The orders are send 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 Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare Kotak Securities vs TradeSmart on Margin/Leverage

Comapre Kotak Securities with TradeSmart 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 Kotak Securities with TradeSmart
Margin Product Compare Kotak Securities TradeSmart
Equity Delivery Margin Kotak Securities vs TradeSmart - Equity Delivery Margin Upto 5x via Margin Funding. Up to 1x Margin on Equity Delivery.
Equity Intraday Margin Kotak Securities vs TradeSmart - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 10x leverage for equity intraday.
Futures Margin Kotak Securities vs TradeSmart - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 3x leverage for equity futures intraday (MIS).
Options Margin Kotak Securities vs TradeSmart - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Up to 3x for Index options selling, no leverage on options buying.
Equity CO Margin Kotak Securities vs TradeSmart - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Up to 30x leverage for equity CO.
Futures CO Margin Kotak Securities vs TradeSmart - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Up to 7x leverage on equity/Index futures CO.
Options CO Margin Kotak Securities vs TradeSmart - Options CO Margin Info Not Available Up to 7x leverage on options selling and 1.33x for options buying via CO.
Commodity Margin Kotak Securities vs TradeSmart - Commodity Margin Info Not Available Up to 2x on commodity MIS, and up to 6x for CO.
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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 compare type of service offered by each broker for quick resoluation for queries/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 18002099191/1800222299/18002099292 022 61208000/42878000
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/faqs/Equity/equity-market-faqs 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/
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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 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
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Demat Account

Compare Kotak Securities vs TradeSmart on Demat Account

Compare Kotak Securities with TradeSmart on Demat Service and Charges. This section cover 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) Monthly Plan - ₹65 (Up to 10 Transaction), ₹50 (bw 11 to 30 transaction), ₹35 (above 30 transactions) ₹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

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs TradeSmart on Special Offers and Promotion

Compare Kotak Securities with TradeSmart on general features, advantages, disadvantages, pay out 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
  • 3 in 1 Account.
  • News and market updates, portfolio tracker, Research Reports, SMS Alerts.
  • Robust trading software KEAT Pro.
  • After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.

Detail Review...

  • 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...

Dislikes
  • Doesn't support commodity trading.
  • Hidden charges.
  • Minimum Brokerage charges.

Detail Review...

  • 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...

Special Offers/Promo Get Kotak Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Enquire about Kotak Securities Enquire about TradeSmart

Last Updated on 2019-09-16T02:36:37+00:00







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