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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||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.|
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 Account Opening Fees||Rs 750||Rs 200|
|Demat Account Opening Fees||Free||Rs 200|
|Demat AMC||Rs 600 PA||Rs 300 PA|
|Provide DP Service|
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.
|Plan Types||Kotak Securities||TradeSmart|
|Account Opening Request|
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||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|
|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|
Compare Kotak Securities with TradeSmart on transaction charges and PCM fee by segment.
|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|
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 Compare||Kotak Securities||TradeSmart|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Trading software terminal: Keat Pro X||NIL|
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||TradeSmart|
|Desktop Trading Platform||KEAT Pro X||NEST Trader & Fox Trader|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|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 Trading App||Kotak Stock Trader||Sine|
|Mobile Trading App Demo||Kotak Stock Trader Demo||Sine Demo|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod Sine Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS Sine Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
|79 Customer Reviews||34 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|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|
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||TradeSmart|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
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 Type Compare||Kotak Securities||TradeSmart|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Kotak Securities||TradeSmart|
|Equity Delivery Margin||Upto 5x via Margin Funding.||Up to 1x Margin on Equity Delivery.|
|Equity Intraday Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Up to 10x leverage for equity intraday.|
|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||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||Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple.||Up to 30x leverage for equity CO.|
|Futures CO Margin||Upto 50x margin/leverage in CO via Super Multiple.||Up to 7x leverage on equity/Index futures CO.|
|Options CO Margin||Info Not Available||Up to 7x leverage on options selling and 1.33x for options buying via CO.|
|Commodity Margin||Info Not Available||Up to 2x on commodity MIS, and up to 6x for CO.|
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 Service Compare||Kotak Securities||TradeSmart|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||022 61208000/42878000|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
|Trade Smart Online,
Marol Maroshi Road,
Mumbai, MH 400059
Compare Kotak Securities with TradeSmart on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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|
|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|
Compare Kotak Securities with TradeSmart 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 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||Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.||Up to 24 Hrs except Bank Holidays.|
|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.,
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
|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 2019-07-09T00:00:54+00:00