TradeSmart Vs Prostocks Demat Account Comparison

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.

ProStocks (a Sunlight Broking LLP venture) is among the fastest  growing online stock broking company in India. ProStocks offers ultra low cost brokerage and depository services also known as discount brokerage services.

ProStocks is popular broker for Rs 15 Flat Per Trade Plan, Rs 899 Unlimited Plan (Equity and Derivatives) and Rs 499 Unlimited Plan (Currency Derivatives). ProStocks is SEBI registered stock broker and member of BSE, NSE, CDLS.

Zero AMC Demat Account (with one time Rs 1000 refundable deposit) with the Zero Demat Account Opening Fee makes ProStocks Demat Account the cheapest Demat Account in India.

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

Sunlight Broking LLP,
B-53, Pravasi Industrial Estate,
Goregaon (East), Mumbai - 400063

Online Stock Trading, Depository Services

• Delivery Trading - Equity
• Intraday Trading - Equity
• Futures Trading - Equity, Currency, Commodity
• Options Trading - Equity, Currency
• Depository Services (Demat Account)

Rs 500

Nil

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

Nil

Nil

Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit

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

Rs 50 per set up + Rs 50 courier charges

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

Rs 50 per set up + Rs 50 courier charges

Rs 25 minimum or 0.02% which ever is higher. In case of BSDA Rs 50 or 0.02% whichever is higher.

Rs 8 + Rs 5.50 (CDSL charges) per ISIN

Rs 200 per scrip

Rs 50 per set up

Nil

Nil

Rs 200 minimum or 0.01% which ever is higher

Rs 50 per set up

Nil

Failed transactions Rs 50 per ISIN

• 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