HDFC Securities Vs TradeSmartOnline : Side By Side Comparison

In this page, I am providing side by side comparison of HDFC securities Vs TradeSmartOnline

HDFC Securities is a brokerage arm of HDFC bank and hence provide 3-in-1 demat account. It enables seamless transfer of funds within the accounts. Brokerage of this broker is on higher side.

TradeSmart falls in Discount Broker category. Hence they offer limited services but charges flat brokerage charges.

There are lot of differences between these two brokers.

 

hdfc-securities-vs-tradesmartonline-1

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of HDFC Securitie Vs TradeSmartOnline:

Parameters

HDFC Securities

Trade Smart Online

hdfc-securities-logo
Trade Smart Online Logo
Review
Type of Broker
Full Service Broker
Discount Broker
Incorporation Year
2000
1994
Supported Exchanges
NSE & BSE
NSE, BSE, MCX-SX , MCX and NCDEX

Account Related Charges

Trading Account Opening Fees
Rs 990
Rs 200
Trading Account AMC
Rs 0
Rs 0
Demat Account Opening Fees
Rs 0
Rs 200
Demat Account AMC
Rs 750
Rs 300

Brokerage Charges

Equity Delivery Brokerage
0.5%
Rs 15 per executed order or 0.07% based on the plan selected
Equity Intraday Brokerage
0.1%
Rs 15 per executed order or 0.007% based on the plan selected
Equity Futures Brokerage
0.05%
Rs 15 per executed order or 0.007% based on the plan selected
Equity Options Brokerage
Rs 100/lot
Rs 15 per executed order or Rs7 based on the plan selected
Currency Futures Trading Brokerage
Rs 23 per contract
Rs 15 per executed order or 0.007% based on the plan selected
Currency Options Trading Brokerage
Rs 20 per contract
Rs 15 per executed order or 0.007% based on the plan selected
Commodity Trading Brokerage
NA
Rs 15 per executed order or 0.007% based on the plan selected
Minimum Brokerage Charges
Rs 25 per trade
NIL
Monthly Unlimited Plans
Brokerage Calculator
HDFC Securities Calculator
TradeSmartOnline Brokerage Calculator

Transaction Charges

Equity Delivery
0.0031%
0.0035%
Equity Intraday
0.0031%
0.0035%
Equity Futures
0.00180%
0.0024%
Equity Options
0.050% (On Premium)
0.0715% (On Premium)
Currency Futures
0.00120%
0.00165%
Currency Options
0.050% (On Premium)
0.06% (On Premium)
Commodity
NA
0.0039%

Exposure

Equity
Upto 20 times Intraday and 2 times Delivery
Upto 30 times
Equity Futures
No Leverage for Intraday
Upto 5 times
Equity Options
No Leverage for Intraday
Upto 5 times
Currency Futures
No Leverage for Intraday
Upto 3 times intraday
Currency Options
No Leverage for Intraday
Upto 3 times intraday
Commodities
NA
Upto 5 times intraday

Features

3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform
HDFC Securities BLINK
NOW, NEST, SPIN

Investment Services

Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds

Customer Service Channels

24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers

Research Reports/Tips/Recommendations

Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory

Promotional Offers

  • NIL
  • Zero Account Opening Charges
open-account
open-account

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of HDFC Securities with other Brokers:

HDFC Securities in comparison with other Stock Brokers


Point By Point Comparison of TradeSmartOnline with other Brokers:

TradeSmartOnline in comparison with other Stock Brokers


 

This article compared the selected brokers. Click here to compare any two stock brokers in India side by side.

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