HDFC Securities vs Trade Smart Online Comparison: 2024

About HDFC Securities

HDFC Securities Ltd, a subsidiary of HDFC Bank. It basically means that you can get a 3-in-1 account service that combines HDFC Securities Trading Account with the HDFC Securities Demat Account, and HDFC Bank account resulting in an amazing trading experience, and above that it also provides a free mutual fund account. It is one of the largest full-service brokers in India with more than 20 lakh customers, including both retail and institutional clients.

HDFC Securities : Overview

HDFC Securites, due to its large customer base, happens to be one of the leading depository participants with both CDSL and NSDL; more than 2.03 million demat accounts with a comprehensive network that has more than 3500 service branches. They have more than 270 branches across 185, catering investment needs of a gigantic diversified customer base including both retail and institutional investors.

HDFC Securities is a registered member of BSE, NSE, IRDA, PFRDA, AMFI,

About Trade Smart Online

Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.

Trade Smart: An Overview

Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform. 

Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading. 

They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly

HDFC Securities vs Trade Smart Online Account Opening Charges: 2024

ChargeHDFC SecuritiesTrade Smart Online
Demat Account Opening Charges₹0₹200
Trading Acc Opening Charges₹999 ₹200
Trading Account AMC₹0₹0
Demat Account AMC₹750₹300

HDFC Securities vs Trade Smart Online Brokerage Charges and Plans : 2024

ChargeHDFC SecuritiesTrade Smart Online
Plan NameBasicPower Trading Plan
Equity Delivery0.50%₹15 per executed order
Equity Intraday0.05%₹15 per executed order
Equity Futures0.05%₹15 per executed order
Equity Options₹100 per lot or 1% of the premium (whichever is higher)₹15 per executed order
Currency Futures₹23 per contract₹15 per executed order
Currency Options₹20 per contract₹15 per executed order
Commodity Options0.02% for Intraday / 0.025% for positional₹15 per executed order
Mutual FundN/AN/A

HDFC Securities vs Trade Smart Online Margin / Exposure: 2024

SegmentHDFC SecuritiesTrade Smart Online
Equity Delivery2x1x (No Margin)
Equity IntradayUpto 20xUpto 30x
Equity FutureNilMIS: 3X | BO: 7X | CO: 7X
Equity OptionsNilMIS: 3X | BO: 7X | CO: 7X
Currency FutureNilMIS: 3X | BO: 3X | CO: 3X
Currency OptionsNilMIS: 3X
Commodity FutureNilMIS: 2X | BO: 6X | CO: 6X
Commodity OptionsN/AN/A

HDFC Securities vs Trade Smart Online Currency Charges and Plans: 2024

HDFC Securities charge ₹23 per contract for Currency Futures and ₹20 per contract for Currency Options whereas Trade Smart Online Charges ₹15 per executed order for Currency futures and ₹15 per executed order for Currency options.

HDFC Securities vs Trade Smart Online Commodity Charges and Plans: 2024

HDFC Securities charge 0.02% for Intraday / 0.025% for positional for commodity and Trade Smart Online charge ₹15 per executed order for commodity.
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