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Kotak Securities Vs Trade Smart Online
| | Broker Comparison, Trading | No Comments
Kotak Securities Vs Trade Smart Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Kotak Securities Vs Trade Smart Online Comparison
Kotak Securities was founded in 1994 as a subsidiary of Kotak Mahindra Bank and today it has a customer base of 11.95 lakh customers. It has a presence across 359 cities in India with 1200+ branches.
Trade Smart Online, however, is a discount broker that was launched by VNS, a stockbroking firm that was incorporated in the same year as Kotak Securities i.e. 1994.
Everything about Trade Smart Online is Online, be it – customer service, trading, account opening and so on. Kotak Securities, as a full-service broker, is a player that will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on for your trading.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market etc.
To make things easy for you, we have listed out the comparison between Kotak Securities Vs Trade Smart Online to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Kotak Securities Vs Trade Smart Online Details
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover.
Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Trade Smart Online Review | Kotak Securities Review | |
| OVERVIEW | ||
| Incorporated In the Year | 1994 | 1994 |
| Number of branches across India | 1 | 1209 |
| Exchanges | NSE, BSE, MCX, MCX-SX and NCDEX | BSE, NSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹200 | ₹750 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹200 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹300 | ₹600 |
| Transaction Charges | Trade Smart Online Transaction Charges | Kotak Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed order or 0.07% depending on the plan | 0.49% |
| Intraday Delivery | ₹15 per executed order or 0.007% depending on the plan | 0.049% |
| Equity Futures | ₹15 per executed order or 0.007% depending on the plan | 0.049% |
| Equity Options | ₹15 or ₹7 per executed order depending on the plan | ₹300 per lot |
| Currency Futures | ₹15 per executed order or 0.007% depending on the plan | 0.04% |
| Currency Options | ₹15 per executed order or 0.007% depending on the plan | ₹20 per lot |
| Commodity | ₹15 per executed order or 0.007% depending on the plan | NA |
| Calculate Brokerage | Trade Smart Online Brokerage Calculator | Kotak Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 30 times | Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of ₹75/Lakh/day or @24%/annum |
| Equity Futures | Upto 5 times | Upto 5 times Intraday |
| Equity Options | Upto 5 times | Buying No Margin, Shorting upto 2 times for Intraday |
| Currency Futures | Upto 3 times | Upto 2 times Intraday |
| Currency Options | Upto 3 times | Buying No Margin, Shorting upto 2 times for Intraday |
| Commodities | Upto 5 times | Upto 2 times Intraday |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | NOW, Nest, Spin | KEAT Pro X, Kotak Stock Trader, Fastlane, Xtralite |
| Total BSE+NSE Complaints | 14 | 172 |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Kotak Securities Vs Trade Smart Online for the benefits of other readers?
Please feel free to share in the comments below.
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Date
Broker Name
Kotak Securities Vs Trade Smart Online
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