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IIFL Securities Vs Kotak Securities Vs TradeSmart: Which one is better?

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Kotak Securities ranges between Rs. 20 per order, while the brokerage of TradeSmart ranges between Rs 15. The broker IIFL Securities and Kotak Securities are full service brokers where TradeSmart is a discount broker. Overall rating for IIFL Securities is 4, Kotak Securities is rated 4, TradeSmart is rated 4 out of 5.

Here we present side-by-side comparison of IIFL Securities vs Kotak Securities vs TradeSmart stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared IIFL Securities vs Kotak Securities vs TradeSmart on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better IIFL Securities vs Kotak Securities vs TradeSmart in this setion with 360 degree view of broker information.

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Service

  IIFL Securities Compare
IIFL Securities
Kotak Securities Compare
Kotak Securities
TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert...Know more about Kotak Securities Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
Broker Enquiry Request call back from IIFL Securities Request call back from Kotak Securities Request call back from Zerodha
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Account Opening Charges and AMC

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities vs Kotak Securities vs TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities charges Free for account opening, Kotak Securities charges Rs 99 for account opeing, and TradeSmart charges Rs 200 for account opeing. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, Kotak Securities charges Rs 600 PA AMC for Demat account, where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs Kotak Securities vs TradeSmart
Charges IIFL Securities Kotak Securities TradeSmart
Trading Account Opening Fees Free Rs 99 Rs 200
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Rs 200
Demat AMC Rs 250 PA (Free for 1st year) Rs 600 PA Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs Kotak Securities vs TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities and TradeSmart offers Multiple Plans where IIFL Securities doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Plan Options
Plan Types IIFL Securities Kotak Securities TradeSmart
Multiple Plans No Yes Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  IIFL Securities Kotak Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs Kotak Securities vs TradeSmarton Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare IIFL Securities vs Kotak Securities vs TradeSmart
Brokerage Charges Compare IIFL Securities Kotak Securities TradeSmart
Plan Name IIFL iSERVE Brokerage Plan Kotak Securities Trade Free Plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery Flat Rs 20 per order 0.25% Flat Fee Rs 15
Equity Intraday Flat Rs 20 per order Free Flat Fee Rs 15
Equity Futures Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15
Equity Options Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 15
Currency Futures Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15
Currency Options Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15
Commodity Trading Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15
Minimum Brokerage Rs 21 per executed order
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA 12.49% interest PA No
Call & Trade Charges Rs 50 Per Call + GST 20 calls free and after that Rs 20 per call Rs 20 per executed Order
Auto Square off Charges Rs 50 Per Call + GST 20 calls free and after that Rs 20 per call Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Kotak Securities Brokerage Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Transaction Charges

Compare IIFL Securities vs Kotak Securities vs TradeSmart on transaction charges and PCM fee by segment.

Transaction Charges - Compare IIFL Securities vs Kotak Securities vs TradeSmart
Transaction Charges Compare IIFL Securities Kotak Securities TradeSmart
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for iifl-securities Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for trade-smart-online
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Account Features

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Account Features

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 Account where IIFL Securities and TradeSmart offers only 2-in-1 account which includes trading and demat account. Margin Funding - IIFL Securities and Kotak Securities offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - IIFL Securities and Kotak Securities offers NRI Trading where TradeSmart doesn't offers NRI Trading.

Account Features - IIFL Securities vs Kotak Securities vs TradeSmart
Account Features Compare IIFL Securities Kotak Securities TradeSmart
3 in 1 Account No IIFL Securities have 2-in-1 account. Only Demate and Trading account. Yes, IIFL Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No TradeSmart have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes No
Other Features NIL NIL
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Trading Platform

Compare IIFL Securities vs Kotak Securities vs TradeSmarton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs Kotak Securities vs TradeSmart. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare IIFL Securities vs Kotak Securities vs TradeSmart
Trading Platform Compare IIFL Securities Kotak Securities TradeSmart
Desktop Trading Platform IIFL Trader terminal Neo NEST Trader & Fox Trader
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://ttweb.indiainfoline.com

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

https://sine.tradesmartonline.in/userMaster/login

Web Trading Demo Info Not Available Web Trading Demo Web Trading Demo
Mobile Site Yes No Yes
Mobile Trading Yes Yes Yes
Mobile Trading App IIFL Markets Kotak Neo Sine
Mobile Trading App Demo IIFL Markets Demo Kotak Neo Demo Sine Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod IIFL Markets Download Andriod Kotak Neo Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS IIFL Markets Download iOS Kotak Neo Download iOS Sine Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IIFL Securities Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare IIFL Securities vs Kotak Securities vs TradeSmart on User Rating

  IIFL Securities Kotak Securities TradeSmart
  82 Customer Reviews    Rate IIFL Securities 82 Customer Reviews    Rate Kotak Securities 34 Customer Reviews    Rate TradeSmart
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Investment Offerings

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - IIFL Securities and Kotak Securities offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - IIFL Securities and Kotak Securities offers PMS facility where TradeSmart doesn't offers PMS facility.

Investment Offerings - Compare IIFL Securities vs Kotak Securities vs TradeSmart
Investment Offerings Compare IIFL Securities Kotak Securities TradeSmart
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes No
Mutual Funds Yes Yes No
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking No Yes No
Insurance Yes Yes No
Forex No No No
MF SIP Investment Yes Yes No
Equity SIP Investment Yes Yes No
PMS Service Yes Yes No
Other Investment Options NIL NIL NIL
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Order Types

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Order Types

Order Type - Compare IIFL Securities vs Kotak Securities vs TradeSmart on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Kotak Securities and TradeSmart provides Bracket Orders (BO) facility where IIFL Securities doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - IIFL Securities and Kotak Securities offers Good Till Cancelled (GTC) orders facility where TradeSmart doesn't provides GTC.

Order Types - Compare IIFL Securities vs Kotak Securities vs TradeSmart
Order Type Compare IIFL Securities Kotak Securities TradeSmart
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order No Yes Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes No
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Customer Service Offered

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Customer Service

Compare IIFL Securities vs Kotak Securities vs TradeSmart on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare IIFL Securities vs Kotak Securities vs TradeSmart
Customer Service Compare IIFL Securities Kotak Securities TradeSmart
24/7 Customer Service Yes No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes Yes No
Through Branches Yes Yes No
Customer Care Number 022-40071000 1800 209 9191 022 61208000
Account Opening Process Online/Paperless Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://help.tradesmartonline.in/
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website https://www.indiainfoline.com/ https://www.kotaksecurities.com https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Research Reports, Tips

Compare IIFL Securities vs Kotak Securities vs TradeSmart on research reports and tips provided by broker.

Research Reports - Compare IIFL Securities vs Kotak Securities vs TradeSmart
  IIFL Securities Kotak Securities TradeSmart
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes No
Free Tips Yes Yes No
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Demat Account

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities vs Kotak Securities vs TradeSmart
  IIFL Securities Kotak Securities TradeSmart
DP Source CDSL CDSL CDSL
DP ID 44700 49200 30400
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹780 pa ₹300 pa
Advance Deposit Nil NA NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.04% (Min ₹27) + CDSL charges ₹25
Demat ₹15 per certificate + ₹40 courier charges ₹3 per certificate + ₹50 courier charges ₹500 per certificate (Min ₹500 per request)
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹10 for every hundred securities (Min ₹15) ₹500 per certificate (Min ₹500 per request)
Pledge Creation ₹50 0.05% of transaction value (Min ₹30) ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30) Nil
Pledge Closure Nil 0.05% of transaction value (Min ₹30) ₹200 per script
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation Nil 0.05% of transaction value (Min ₹30) ₹200 per script
Failed Instruction Charges Nil Nil Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Special Offers and Promotion

Compare IIFL Securities vs Kotak Securities vs TradeSmart on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs Kotak Securities vs TradeSmart on Special Offers and Promotion
  IIFL Securities Kotak Securities TradeSmart
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Direct from your Kotak Mahindra bank account. VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Likes
  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

Detail Review...

  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

Detail Review...

Dislikes
  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

Detail Review...

  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time.
Enquire for IIFL Securities Enquire for Kotak Securities Enquire for TradeSmart

Last Updated on 2023-09-14T04:42:55+00:00