Kotak Securities Vs 5paisa Vs TradeSmart: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Kotak Securities Vs 5paisa Vs TradeSmart: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare kotak securities vs 5paisa vs tradesmart on service, account opening charges and amc, compare kotak securities vs 5paisa vs tradesmart on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare Kotak Securities vs 5paisa vs TradeSmart on Service
- Account Opening Charges and AMC
- Compare Kotak Securities vs 5paisa vs TradeSmart on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Kotak Securities vs 5paisa vs TradeSmart on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Kotak Securities vs 5paisa vs TradeSmart on Transaction Charges
- Account Features
- Compare Kotak Securities vs 5paisa vs TradeSmart on Account Features
- Trading Platform
- Compare Kotak Securities vs 5paisa vs TradeSmart on Trading Platform
- Broker Ratings by Users
- Compare Kotak Securities vs 5paisa vs TradeSmart on User Rating
- Investment Offerings
- Compare Kotak Securities vs 5paisa vs TradeSmart on Investment Offerings
- Margin Trading Facility
- Compare Kotak Securities vs 5paisa vs TradeSmart on MTF
- API
- Compare Kotak Securities vs 5paisa vs TradeSmart on API Details
- Customer Service Offered
- Compare Kotak Securities vs 5paisa vs TradeSmart on Customer Service
- Tips/Research/Reports Published
- Compare Kotak Securities vs 5paisa vs TradeSmart on Research Reports, Tips
- Demat Account
- Compare Kotak Securities vs 5paisa vs TradeSmart on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Kotak Securities vs 5paisa vs TradeSmart on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Cost-effective trading services (Rs 20/order) with free account opening
- Rs 0 platform fee to access FnO 360 platform
- Lowest brokerage: Trade at 15 flat brokerage fees.
- Online Direct mutual fund investment at Rs.0 brokerage.
- 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.
- 💹 Flat ₹10 per Trade Brokerage on Intraday & F&O
- 💰 Flat ₹20 Brokerage per Trade
- 💹 Lowest Brokerage – Flat ₹15 per Order or 0.007%
- Last Updated on Wed, May 20, 2026
Data Tables
| Segment | Kotak Securities | 5paisa | TradeSmart |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 600 PA | Rs 300 PA | Rs 300 PA (Free for 1st year) |
| Provide DP Service | Yes | Yes | Yes |
| Plan Types | Kotak Securities | 5paisa | TradeSmart |
|---|---|---|---|
| Multiple Plans | Yes | No | Yes |
| Monthly Plans | No | No | No |
| Yearly Plans | No | No | No |
| Kotak Securities | 5paisa | TradeSmart | |
|---|---|---|---|
| Account Opening Request | Link to open account | Link to open account |
| Transaction Charges Compare | Kotak Securities | 5paisa | TradeSmart |
|---|---|---|---|
| Equity Delivery | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Intraday | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Futures | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr |
| Equity Options | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr |
| Currency Options | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr |
| Commodity | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for kotak-securities | Complete Brokerage Plans for 5paisa | Complete Brokerage Plans for trade-smart-online |
| Account Features Compare | Kotak Securities | 5paisa | TradeSmart |
|---|---|---|---|
| 3 in 1 Account | Yes | No | No |
| Charting | Yes | Yes | Yes |
| Algo Trading | No | Yes | 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 | No | Yes | Yes |
| Intraday Square-off Time | 3:15PM | 3:15 PM | 3:15PM |
| NRI Trading | Yes | No | No |
| Other Features | NIL | NIL |
| Trading Platform Compare | Kotak Securities | 5paisa | TradeSmart |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat | https://login.5paisa.com/ | https://web.tradesmartonline.in/login |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Kotak Neo | 5paisa Mobile App | TradeSmart 2.0 |
| Mobile Trading App Demo | Kotak Neo | 5paisa Mobile App | TradeSmart 2.0 |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | Android Kotak Neo Download | Android 5paisa Mobile App Download | Android TradeSmart 2.0 Download |
| iPhone Mobile App (IOS) | Yes | Yes | Yes |
| iOS App Download | iOS Kotak Neo Download | iOS 5paisa Mobile App Download | iOS TradeSmart 2.0 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 Kotak Securities | Equity Intraday and Delivery Brokerage Calculator for 5paisa | Equity Intraday and Delivery Brokerage Calculator for TradeSmart |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Kotak Securities | Futures Brokerage Calculator for 5paisa | Futures Brokerage Calculator for TradeSmart |
| Options Brokerage Calculator | Option Brokerage Calculator for Kotak Securities | Option Brokerage Calculator for 5paisa | Option Brokerage Calculator for TradeSmart |
| Detail | Detail on Trading Platforms for Kotak Securities | Detail on Trading Platforms for 5paisa | Detail on Trading Platforms for TradeSmart |
| Kotak Securities | 5paisa | TradeSmart | |
|---|---|---|---|
| 83 Customer reviews Rate | 28 Customer reviews Rate | 35 Customer reviews Rate | |
| Fees Ratings | 2.6 | 3.2 | 3.8 |
| Trading Brokerage Rating | 2.7 | 3.9 | 4.3 |
| Trading Platform Usability | 3.2 | 3.4 | 3.7 |
| Customer Service Ratings | 3.1 | 2.8 | 4.0 |
| Overall Rating | 2.8 | 3.2 | 3.9 |
| Broker Rating | Kotak Securities is Rated 2.8 / 5 based on 83 customer reviews | 5paisa is Rated 3.2 / 5 based on 28 customer reviews | TradeSmart is Rated 3.94 / 5 based on 35 customer reviews |
| Investment Offerings Compare | Kotak Securities | 5paisa | TradeSmart |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | Yes |
| Commodity | Yes | Yes | Yes |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bonds / NCD | Yes | Yes | Yes |
| ETF | Yes | Yes | Yes |
| Banking | Yes | No | No |
| Insurance | Yes | Yes | No |
| Forex | No | No | No |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | No |
| PMS Service | Yes | No | No |
| Other Investment Options | NIL | Smallcase, US stocks | NIL |
| MTF Compare | Kotak Securities | 5paisa | TradeSmart |
|---|---|---|---|
| MTF Leverage | 4-5x leverage on 1500+ stocks | Up to 4x leverage on 1500+ stocks | Up to 4x leverage |
| MTF Interest Rate | 9.69% p.a. | 0.026% – 0.042% per day (9.50%-15.50% per annum) Slab-based MTF Interest rates | 0.049% per day |
| MTF Segment | Equity Delivery | Equity Delivery (NSE and BSE) | Equity Delivery |
| MTF Pledge Charges | ₹20 per ISIN | ₹25 per scrip | ₹12 per scrip |
| MTF Unpledged Charges | ₹20 per ISIN | ₹25 per scrip | ₹12 per scrip |
| Maximum MTF Funding | ₹20 crore per account | NA | ₹50 Lakh per account |
| API Compare | Kotak Securities | 5paisa | TradeSmart |
|---|---|---|---|
| API Type | Neo Trade API (Quote, order, positions, reports, etc.) WebSocket API ( real-time data) | Trading API (Order management, Market Data, and portfolio API) Market Data API | Trading API Market Data API WebSocket API Webhook API Advanced order API |
| API Charges | Free | Free | Free |
| Customer Service Compare | Kotak Securities | 5paisa | TradeSmart |
|---|---|---|---|
| 24/7 Customer Service | No | No | No |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | Yes | No | Yes |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | Yes | No | No |
| Through Branches | Yes | No | No |
| Customer Care Number | 1800 209 9191 | +91 89766 89766 | 022 61208000 |
| Account Opening Process | Online | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank | https://www.5paisa.com/knowledge-centre | https://help.tradesmartonline.in/ |
| Head Office Address | 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 | 5paisa headquaterSun Infotech Park, Road No.16V, Plot No.B-23 ThaneIndustrial Area, Wagle Estate,Thane – 400604 | Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
| Website | https://www.kotaksecurities.com | https://www.5paisa.com/ | https://tradesmartonline.in/ |
| Kotak Securities | 5paisa | TradeSmart | |
|---|---|---|---|
| Research Mutual Funds | Yes | Yes | No |
| Research Equity Reports | Yes | Yes | No |
| Research ETF | Yes | No | No |
| Daily Market Report | Yes | Yes | No |
| Free Tips | Yes | Yes | No |
| Quarterly Result Analysis | Yes | No | No |
| News Alerts | Yes | Yes | No |
| Kotak Securities | 5paisa | TradeSmart | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 25100 | 82500 | 30400 |
| Demat Account Annual Maintenance Charges(AMC) | ₹780 pa | ₹300 pa | ₹300 pa (1st Year Free) |
| Advance Deposit | NA | NIL | NIL |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹27) + CDSL charges | ₹12.50 per ISIN | ₹15 |
| Demat | ₹3 per certificate + ₹50 courier charges | ₹15 per certificate | ₹500 per certificate (Min ₹500 per request) |
| Remat | ₹10 for every hundred securities (Min ₹15) | ₹15 for every hundred securities or ₹15 per certificate whichever is higher | ₹500 per certificate (Min ₹500 per request) |
| Pledge Creation | 0.05% of transaction value (Min ₹30) | ₹12.50 per script | ₹15 per script |
| Pledge Creation Confirmation | 0.05% of transaction value (Min ₹30) | NIL | Nil |
| Pledge Closure | 0.05% of transaction value (Min ₹30) | ₹12.50 per script | ₹15 per script |
| Pledge Closure Confirmation | 0.05% of transaction value (Min ₹30) | NIL | Nil |
| Pledge Invocation | 0.05% of transaction value (Min ₹30) | NIL | Nil |
| Failed Instruction Charges | Nil | Nil | Nil |
| Other Charges | Nil | Nil | Nil |
| Kotak Securities | 5paisa | TradeSmart | |
|---|---|---|---|
| Likes | 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… | Cost-effective trading services (Rs 20/order) with free account opening 5paisa all-in-one account to trade and/or invest in stocks, derivatives, commodity, currency, IPO, NCD, and mutual funds. Free of cost trading platform No minimum balance required in 5paisa trading account Rs 0 platform fee to access FnO 360 platform 5paisa advanced platforms offer technical and fundamental research for free. Daily long/short-term investment calls from experts Margin Trading Facility Robo Advisory Services Advanced orders like basket order, VTT, bracket and cover order, etc. 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:TradeSmart Mobile App, Desktop and web. 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 | 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… | Delivery trading is not free in 5paisa. Best NRI brokers 5paisa does not have zero brokerage unlimited trading plans. Detail Review… | There are several disadvantages or limitations as well of trading with TradeSmart such as follows; You cannot invest in SME IPOs. 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 | 💼 Kotak Securities Trade Free Plan 🆓 Free Account Opening 💹 Flat ₹10 per Trade Brokerage on Intraday & F&O Open Instant Account Now | 🟠 Current Promotion from 5paisa for InvestorGain Visitors: 💰 Flat ₹20 Brokerage per Trade 🌱 Free Direct Mutual Fund Investments 📊 Advanced Trading Platforms, Research & Advisory 🚀 Open Instant 5paisa Account Now! | 🔴 Current Promotion from TradeSmart for InvestorGain Visitors: 🆓 Free Account Opening 📭 Zero Demat AMC for the 1st Year 💹 Lowest Brokerage – Flat ₹15 per Order or 0.007% 🚀 Open Instant TradeSmart Account |
| Open Kotak Securities Account Now | Open 5paisa Account Now |
Source record: View original public source ↗