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HDFC Securities vs TradeSmart (Compare HDFC Securities and TradeSmart)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between HDFC Securities vs TradeSmart, Below comparison of HDFC Securities vs TradeSmart highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of HDFC Securities vs TradeSmart is given below:

HDFC Securities

TradeSmart

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	HDFC Securities	TradeSmart

About The Brokers	HDFC Securities : "With 273+ branches in 190 cities of the country serving 1.8 million customers, comprises approximately 10% of the total customers trading on the exchanges puts HDFC s >>> more	TradeSmart : "Trade Smart Online makes its mark in the discount trading space by providing clients with multiple options, trading tools and fixed price plans for trading in equity >>> more
Find More Information about the Broker :	HDFC Securities : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	TradeSmart : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	HDFC Securities : Full Service Broker	TradeSmart : Discount Broker
Promo/offers	HDFC Securities : N/A	TradeSmart : Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.
Advantage	HDFC Securities : 3-in-1 online trading account.. Security of your investment & money. 24/7 customer service. Easy-to-use website. Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance. Trading is available in both BSE and NSE.	TradeSmart : Rs 15 flat-fee trades. Unlimited Trading Plan to offer. Own DP services Support Offer For Sale(OFS).
Disadvantage	HDFC Securities : No commodity trading.. Very High brokerage.. Not a good fit for small and penny stock traders. Charges for trading terminal usage. Minimum brokerage charges.	TradeSmart : No support for NRI trading. Does not facility to invest in IPO. Does not provide facility to invest in Mutual Funds, Bonds. No in-house research
Why This	HDFC Securities : A Unique 3-in-1 On-line Trading Account, which includes HDFC Bank Saving Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through HDFC Securities. It provides you the flexibility to pay only when you trade. E-Broking House with >20 Lac customers. Free Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service. Facility to trade in Equities, IPO's, Mutual Funds, F&O and Currency derivatives. Add on services like relationship manager, tips & recommendations, technical research, training and education.	TradeSmart : Wide range of plans to select from depending on your trading requirements. Choose from Flat Rs 15 per order 0.007% for intraday Monthly unlimited trading plans Pay when you use, if not trading in any month then no monthly charges. Provide one of the highest intraday exposures in the industry so you can have the freedom to make big decisions without having to worry about limited funds 2 decades of Experience Trading tools like Span Calculator, Bracket Orders & Trailing Stop loss. Team of 100+ provide support over phone, email and chat to thousands of customers Can change brokerage plans, flexibility in changing brokerage plans. Lowest transaction charges i.e Turnover/Clearing charges. Own DP service.
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HDFC Securities vs TradeSmart Account Opening & AMC Charges

HDFC Securities Trading Account Opening Fee is Rs 999 and TradeSmart Trading Account Opening Fee is Rs 200 . HDFC Securities Demat Account AMC is Rs 750 and TradeSmart Demat Account AMC is Rs 300 .

	HDFC Securities	TradeSmart
Trading Account Opening Fee	Trading Account Opening Fee : Rs 999	Trading Account Opening Fee : Rs 200
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : Rs 200
Demat Account AMC	Demat Account AMC : Rs 750	Demat Account AMC : Rs 300
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0
	Open Account	Open Account

HDFC Securities vs TradeSmart Brokerage Charges

HDFC Securities Brokerage Charges Equity Delivery is 0.32% and Equity Intraday is 0.032% and Equity Options is Rs 20 per trade . TradeSmart Brokerage Charges Equity Delivery is Rs 15 per order and Equity Intraday is Rs 15 per order and Equity Options is Rs 15 per order .

	HDFC Securities	TradeSmart
Plan Name	Plan Name : Online Trading	Plan Name : Power Plan (₹15/Order)	Plan Name : Value Plan
Equity Delivery	Equity Delivery : 0.32%	Equity Delivery : Rs 15 per order	Equity Delivery : 0.07%
Equity Intraday	Equity Intraday : 0.032%	Equity Intraday : Rs 15 per order	Equity Intraday : 0.007%
Equity Future	Equity Future : Rs 20 per trade	Equity Future : Rs 15 per order	Equity Future : 0.007%
Equity Options	Equity Options : Rs 20 per trade	Equity Options : Rs 15 per order	Equity Options : Rs 7 Per Lot
Currency Futures	Currency Futures : -	Currency Futures : Rs 15 per order	Currency Futures : 0.007%
Currency Options	Currency Options : -	Currency Options : Rs 15 per order	Currency Options : Rs 7 Per Lot
Monthly Fee	Monthly Fee : Rs 199 per year	Monthly Fee : NA	Monthly Fee : -
Margin Trading	Margin Trading : 0.05%	Margin Trading : Rs 15	Margin Trading : Rs 15
Commodity Futures	Commodity Futures : -	Commodity Futures : Rs 15 per order	Commodity Futures : 0.007%
Commodity Options	Commodity Options : -	Commodity Options : Rs 15 per order	Commodity Options : Rs 7 Per Lot
	Open Account	Open Account

HDFC Securities vs TradeSmart Exchange Transaction Charges

HDFC Securities Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . TradeSmart Exchange Transaction Charges Equity Future is 0.0024% and Equity Options is 0.0715% .

	HDFC Securities	TradeSmart
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : 0.0035%
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : 0.0035%
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : 0.0024%
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : 0.0715%
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : 0.00165%
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : 0.06%
Commodity	Commodity : NA	Commodity : 0.0039%
	Open Account	Open Account

HDFC Securities vs TradeSmart Other Charges

HDFC Securities Minimum Brokerage is Rs. 25 per order on equity segment and Call & Trade is Rs 0 . TradeSmart Minimum Brokerage is Rs 15 per executed order and Call & Trade is Rs 20 per executed order .

	HDFC Securities	TradeSmart
Minimum Brokerage	Minimum Brokerage : Rs. 25 per order on equity segment	Minimum Brokerage : Rs 15 per executed order
Call & Trade	Call & Trade : Rs 0	Call & Trade : Rs 20 per executed order
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : Rs 15 per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
	Open Account	Open Account

HDFC Securities vs TradeSmart Features

HDFC Securities and TradeSmart both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	HDFC Securities	TradeSmart
Trading Platform	Trading Platform : ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify	Trading Platform : NEST, NOW, Spin
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : Instant online, paperless account opening. One-stop shop for all your investments. Multiple platforms and trading options. The lowest brokerage of 0.10% per trade for Equity Delivery. Portfolio Tracking in Depth. 24/7 assistance and Call &Trade service. Get payout up to Rs 5 lakhs on the same day with enCash Facility. Relationship Manager Service. Margin Trading Facility. Various Brokerage plans Free Basket Investment registration. 3-in-1 account opening.	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

HDFC Securities vs TradeSmart Demat Account Charges

A comparative table of various demat account charges between HDFC Securities and TradeSmart is below:

	HDFC Securities	TradeSmart
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Nil	Account Opening Fee : Rs 500
Advance Deposit	Advance Deposit : Rs 7,500/-	Advance Deposit : Nil
AMC	AMC : For Non BSDA Individual a/c : Rs 750 p.a For BSDA Individual a/c: Holding value 0 to 50,000: Nil Holding value between 50,001 to 2,00,000: Rs 100 p.a Holding value more than 2,00,000: Rs 750 p.a. For Corporate a/c:- Rs 1,500 p.a	AMC : Individual Account: Rs 300 per year Corporate Account: Rs 800 per year
Dematerialisation Charges	Dematerialisation Charges : Rs 5 per certificate + Rs 35 per Dematerialisation request submitted	Dematerialisation Charges : Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>
Rematerialisation Charges	Rematerialisation Charges : Rs 30 per request + CDSL actuals	Rematerialisation Charges : Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : 0.04% of the value of txn subj to min Rs 20 per txn done by EASIEST. For BSDA a/c it's 0.06%, Min Rs 40 0.04% of the value of txn subj to Min Rs 25 per txn done by HDFC securities. For BSDA a/c It's 0.06%, Min Rs 45 0.04% of the value of txn subj to Min Rs 40 per txn undertaken by Manual txn. For BSDA a/c it's 0.06%, Min Rs 60 For Debt txn 0.04% of the value of txn subj to Min Rs 40 & Max Rs 5,000 per txn. For BSDA a/c it's 0.06%, Min Rs 60 & Max Rs 5,000 If instruction is submitted on the date of execution then 0.25% of the value of txn subj to Min Rs 25 per txn	Transaction Charges (debit) : Rs 25 minimum or 0.02% which ever is higher. In case of BSDA Rs 50 or 0.02% whichever is higher.
Pledge Creation Charges	Pledge Creation Charges : Nil	Pledge Creation Charges : Rs 200 per scrip
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : If the pledge is marked in favour of HDFC Bank: 0.02% of the value of the txn subject to min of Rs 40 per txn 0.04% of the value of the txn subject to min of Rs 60 per txn for BSDA a/c	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : If the pledge is marked to other than HDFC Bank 0.04% of the value of the txn subject to min of Rs 40 per txn 2. 0.06%, of the value of the txn subject to min of Rs 60 per txn for BSDA a/c	Pledge Invocation Charges : Rs 200 minimum or 0.01% which ever is higher
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : Nil
Other Charges	Other Charges : Mailing charges for non-periodic statements & other communication: Rs 35 for inland & Rs 500 for foreign address For restoring services if account is suspended for non payment of charges: Rs 250 Reissuance of Delivery Instruction Booklet (DIB): Rs 75 per Booklet Settlement Charges: Rs 250 pm for CM Principle account & Unified Settlement account & Rs 500 p.m for CM Settlement account	Other Charges : Late instruction: 0.1% scrip value Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges Physical transaction statement: Rs 50 per BO statement plus courier charges Cheque dishonour charges: Rs 200 per instance Offmarket transfer (DP): Rs 25 plus service tax Inter DP transfer: Rs 25 plus service tax KRA Modification: Rs 35 plus service tax
	Open Account	Open Account

HDFC Securities vs TradeSmart Basic Details

HDFC Securities Year of Incorporation is 2002 and Total Number of Clients is 1088561 and Total Number of Branches is 270 . TradeSmart Year of Incorporation is 1994 and Total Number of Clients is 30376 and Total Number of Branches is 1 .

	HDFC Securities	TradeSmart
Year of Incorporation	Year of Incorporation : 2002	Year of Incorporation : 1994
Active Exchange Memberships	Active Exchange Memberships : BSE, NSE, MCX, NCDEX	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : Yes	Demat Services : No
Website	Website : www.hdfcsec.com	Website : https://tradesmartonline.in/
Contact Details	Contact Details : 0294 242 5771	Contact Details : 022 61208000
Total Number of Clients	Total Number of Clients : 1,088,561	Total Number of Clients : 30,376
Total Number of Branches	Total Number of Branches : 270	Total Number of Branches : 1
Products *	Products : Investment banking, Institutional broking, retail broking, private wealth management, and financial product distribution	Products : -
	Open Account	Open Account

HDFC Securities vs TradeSmart Orders

Orders

	HDFC Securities	TradeSmart
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : No
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

HDFC Securities vs TradeSmart Research and Advice / Trading Tips

Research and Advice / Trading Tips

	HDFC Securities	TradeSmart
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : No
Comparison *	Comparison : Yes	Comparison : No
Free Tips *	Free Tips : Yes	Free Tips : No
Daily Market report *	Daily Market report : Yes	Daily Market report : No
ETF research *	ETF research : Yes	ETF research : No
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : No
	Open Account	Open Account

HDFC Securities vs TradeSmart Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	HDFC Securities	TradeSmart
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs 300,000 to Rs. 500,000	Investment required for Franchisee / AP : -
	Open Account	Open Account

HDFC Securities vs TradeSmart Product & Services

HDFC Securities and TradeSmart both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	HDFC Securities	TradeSmart
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : No	Margin Trading : No
Call N Trade *	Call N Trade : Yes	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : No
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : Yes	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : Yes	NRI Services : No
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : Yes	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : No
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : No	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : No
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : Yes
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No
	Open Account	Open Account

HDFC Securities vs TradeSmart Customer Services

HDFC Securities and TradeSmart both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	HDFC Securities	TradeSmart
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : Yes
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : Yes	Branch Offices : No
Customer Care *	Customer Care : Yes	Customer Care : No
Community Service *	Community Service : Yes	Community Service : No
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : No
	Open Account	Open Account

HDFC Securities vs TradeSmart Other Investement

HDFC Securities and TradeSmart both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	HDFC Securities	TradeSmart
Commodity Trading *	Commodity Trading : No	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : No
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : Yes	Insurance Services : No
Banking Services *	Banking Services : Yes	Banking Services : No
	Open Account	Open Account

HDFC Securities vs TradeSmart Trading Platform

HDFC Securities and TradeSmart both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	HDFC Securities	TradeSmart
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : No	I-Pad App : No
Virtual Trading *	Virtual Trading : -	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : No	iPhone Mobile App : Yes
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	Open Account	Open Account