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 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
Kotak Mahindra Bank is a renowned bank that has well-established itself in the country and a pioneer in embracing newer technological implementations in the banking sector. It has thrived in offering surplus services and features to its customers to simplify the overall banking process.
With this, Kotak Mahindra also offers Kotak Securities, a subsidiary under its name that provides traders and investors alike to trade in the Stock Market. As a broker, it provides quite an impressive array of features and services, which does come in handy while trading and investing in the stock market.
Established in 1994 in Mumbai, Kotak Securities comes under Kotak Mahindra Bank and offers services related to investing and trading in the stock market. Financial services are also included. The bank is targeted primarily towards India and has a broad chain of outlets that spans 1209 branches handling well
Charge | Trade Smart Online | Kotak Securities |
---|---|---|
Demat Account Opening Charges | ₹200 | ₹0 |
Trading Acc Opening Charges | ₹200 | ₹750 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 | ₹600 per year |
Charge | Trade Smart Online | Kotak Securities |
---|---|---|
Plan Name | Power Trading Plan | Fixed Brokerage Plan |
Equity Delivery | ₹15 per executed order | 0.49% |
Equity Intraday | ₹15 per executed order | 0.049% (both side) |
Equity Futures | ₹15 per executed order | 0.049% (both side) |
Equity Options | ₹15 per executed order | ₹300 per lot |
Currency Futures | ₹15 per executed order | N/A |
Currency Options | ₹15 per executed order | N/A |
Commodity Options | ₹15 per executed order | Futures 0.070% |
Mutual Fund | N/A | N/A |
Segment | Trade Smart Online | Kotak Securities |
---|---|---|
Equity Delivery | 1x (No Margin) | N/A |
Equity Intraday | Upto 30x | N/A |
Equity Future | MIS: 3X | BO: 7X | CO: 7X | N/A |
Equity Options | MIS: 3X | BO: 7X | CO: 7X | N/A |
Currency Future | MIS: 3X | BO: 3X | CO: 3X | N/A |
Currency Options | MIS: 3X | N/A |
Commodity Future | MIS: 2X | BO: 6X | CO: 6X | N/A |
Commodity Options | N/A | N/A |