Kotak Securities Vs TradeSmart Demat Account Comparison

Kotak Securities Ltd. is a broking company and is a member of BSE,NSE, MSEI and is also registered as a Depository Participants with CDSL and NSDL.

TradeSmart, a venture of VNS finance is a online broker offering discount brokerage services to retail customers in India. TradeSmart offers flat fee and unlimited trading plans for trading in Equity, Currency and Commodities at BSE, NSE and MCX.

With over 17000 customers and daily turnover of over Rs 2500 Cr (as of Dec 2016), TSO is among the top 5 discount stock brokers in India.

Kotak Infiniti, Bldg No 21, 8th Floor,
Infinity Park, Gen A K Vaidya Marg,
Malad (E) Mumbai Maharashtra India - 400097

7B, 2nd Floor, Old Oriental Building,
65, M. G. Road, Fort, Mumbai
Maharashtra, India - 400001

1. Stock Broking
2. Depository Services
3. Portfolio Management Services
4. Corporate Agent for insurance
5. Distributor for Mutual Funds

Online Stock Trading, Depository Services

Rs 0 (Free)

Free

1. Individual Account: Rs 300 per year
2. Corporate Account: Rs 800 per year

Nil

Nil

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

TradeSmart charges a demat transaction fee of Rs 15.

Rs 15 per scrip

Nil

Rs 15 per scrip

Nil

• 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