Chittorgarh.com
Free Trading + Demat Account

Trade Smart Online Vs ProStocks Share Broker Comparison

The side-by-side comparison of Trade Smart Online and ProStocks stock brokers in India. The comparison below highlights the similarities and differences between Trade Smart Online and ProStocks's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Trade Smart Online and ProStocks.

  Trade Smart Online ProStocks
 
Trade Smart Online Logo ProStocks Logo
About the Broker Trade Smart Online (TSO) is Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart Online is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorp... Know more about Trade Smart Online ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited ... Know more about ProStocks
Type of Broker What is this parameter? Discount Broker Discount Broker
Supported Exchnage What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE
Account Type What is this parameter? Power Plan (Rs 15/Order) Flat Fee Plan
Broker Enquiry Open an Online Trading Account with Trade Smart Online. Leave your contact info and we will get in touch with you. Open an Online Trading Account with ProStocks. Leave your contact info and we will get in touch with you.
Expand

Stock Broker Fees / Charges

  Trade Smart Online ProStocks
Trading Account Opening Fees What is this parameter? Rs 300 ₹0
Trading Account AMC What is this parameter? Rs 0 ₹0
Demat Account Opening Fees What is this parameter? Rs 500 ₹0
Demat Account AMC What is this parameter? Rs 300 ₹0
Demat Account is Mandatory? What is this parameter? No No
Expand

Trading Brokerage Charges

Brokerage Plan 1

  Trade Smart Online ProStocks
Account Type Power Plan (Rs 15/Order) Flat Fee Plan
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? Rs 15 ₹15
Equity Intraday Brokerage What is this parameter? Rs 15 ₹15
Equity Futures Brokerage What is this parameter? Rs 15 ₹15
Equity Options Brokerage What is this parameter? Rs 15 ₹15
Currency Futures Trading Brokerage What is this parameter? Rs 15 ₹15
Currency Options Trading Brokerage What is this parameter? Rs 15 ₹15
Commodity Futures Trading Brokerage What is this parameter? Rs 15
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 2

  Trade Smart Online ProStocks
Account Type Value Plan Monthly Unlimited Equity
Fixed Charges What is this parameter? ₹899
Equity Delivery Brokerage What is this parameter? 0.007% ₹0
Equity Intraday Brokerage What is this parameter? 0.007% ₹0
Equity Futures Brokerage What is this parameter? 0.007% ₹0
Equity Options Brokerage What is this parameter? Rs 7 Per Lot ₹0
Currency Futures Trading Brokerage What is this parameter? 0.007%
Currency Options Trading Brokerage What is this parameter? Rs 7 Per Lot
Commodity Futures Trading Brokerage What is this parameter? 0.007%
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 3

  Trade Smart Online ProStocks
Account Type Power Plan (Rs 15/Order) Monthly Unlimited Currency
Fixed Charges What is this parameter? ₹499
Equity Delivery Brokerage What is this parameter? Rs 15
Equity Intraday Brokerage What is this parameter? Rs 15
Equity Futures Brokerage What is this parameter? Rs 15
Equity Options Brokerage What is this parameter? Rs 15
Currency Futures Trading Brokerage What is this parameter? Rs 15 ₹0
Currency Options Trading Brokerage What is this parameter? Rs 15 ₹0
Commodity Futures Trading Brokerage What is this parameter? Rs 15
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? Rs 15
Other Brokerage Charges What is this parameter? Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges What is this parameter? Rs 20 per executed order
Expand

Taxes

  Trade Smart Online ProStocks
Securities Transaction Tax (STT) What is this parameter?
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
Expand

Transaction Charges

  Trade Smart Online ProStocks
Equity Delivery What is this parameter? 0.0035% NSE: 0.00325% | BSE: 0.00275%
Equity Intraday What is this parameter? 0.0035% NSE: 0.00325% | BSE: 0.00275%
Equity Futures What is this parameter? 0.0024% NSE: 0.0019% | BSE: 0.0005%
Equity Options What is this parameter? 0.0715% NSE: 0.050% | BSE: 0.0025%
Currency Futures What is this parameter? 0.00165% NSE: 0.0011% | BSE: 0.0001%
Currency Options What is this parameter? 0.06% NSE: 0.040% | BSE: 0.0001%
Commodity What is this parameter? 0.0039%
Expand

Exposure

  Trade Smart Online ProStocks
Equity Delivery What is this parameter? 1x (no margin) 1x (no margin)
Equity Intraday What is this parameter? 30x trading margin 7x (Margin intraday sq off) | 10x (Cover Order)
Equity Futures What is this parameter? 7x trading margin 1.5x
Equity Options What is this parameter? 7x trading margin 1x (no margin)
Currency Futures What is this parameter? 3x trading margin 1.5x
Currency Options What is this parameter? 3x trading margin 1x (no margin)
Commodity What is this parameter? 6x trading margin NA
Expand

Share Broker Features

  Trade Smart Online ProStocks
3 in 1 Account What is this parameter? No No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? Yes No
SMS Alerts What is this parameter? No No
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? No No
Margin Trading Funding Available What is this parameter? No No
Margin Against Shares (Equity Cash) What is this parameter?
Margin Against Shares (Equity F&O) What is this parameter?
Trading Platform What is this parameter? NEST, NOW ProStocks, NSE NOW
Intraday Square-off Time What is this parameter? Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing Equity 3:15 PM | Curr: 4:45 PM
Other Features What is this parameter?
Expand

Broker Ratings (Average User Rating)

  Trade Smart Online ProStocks
  57 Customer Reviews    Rate Trade Smart Online 24 Customer Reviews    Rate ProStocks
Fees Ratings 3.9 4.6
Trading Brokerage Rating 4.5 4.4
Trading Platform Usability 3.8 2.9
Customer Service Ratings 4.1 3.1
Overall Ratings Rated 4.1 stars Rated 3.3 stars
Broker Rating Trade Smart Online is Rated 4.1 / 5 based on 57 customer reviews ProStocks is Rated 3.3 / 5 based on 24 customer reviews
Expand

Contact Broker / Request A Call Back

  Trade Smart Online ProStocks
Contact / Request Call Back
Expand

Investment Options Available

  Trade Smart Online ProStocks
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes No
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? No No
Mutual Funds What is this parameter? Yes No
Bond / NCD What is this parameter? Yes No
Debt What is this parameter? No No
Other Investment Options What is this parameter?
Expand

Customer Service Offered

  Trade Smart Online ProStocks
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? Yes No
Through Branches What is this parameter? No No
Expand

Order Type

  Trade Smart Online ProStocks
Bracket Order What is this parameter?
Cover Order What is this parameter?
Buy Today Sell Tomorrow (BTST) What is this parameter?
Sell Today Buy Tomorrow (STBT) What is this parameter?
After Market Order(AMO) What is this parameter?
Good Till Cancelled (GTC) What is this parameter?
Expand

Research / Tips / Reports Published

  Trade Smart Online ProStocks
Daily Market Report What is this parameter? No No
Free Tips What is this parameter? No No
Quarterly Result Analysis What is this parameter? No No
News Alerts What is this parameter? No No
Expand

Suitable for Investor Category

  Trade Smart Online ProStocks
Casual Investor What is this parameter? Yes
Active Investor What is this parameter? Yes Yes
Trader What is this parameter? Yes Yes

Expand

Pros, Cons and Other Review Comments

  Trade Smart Online ProStocks
Pros What is this parameter?
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of Rs 1000.
  • Unlike most of the discount brokers; Trade Smart Online offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers investing in Mutual Funds, bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. Customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • Trade Smart Online is in the stock broking industry since 1994.
  • TSO's online knowledgebase has lot information which is helpful for most customers.

More Advantages...

  • Cheapest flat fee broker in India. Offers ₹899 unlimited equity and equity f&o trading and ₹15 per trade plan.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 5 Pricing plans to choose from offers flexibility to stock market investors and active trader. Its extremely easy to switch between the plans.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time ₹1000 deposit. No account opening and no annual maintenance charges.
  • Lowest stamp duty for customer outside Maharashtra. Max stamp duty charged is ₹50 per day.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (₹10 per executed order) among all discount brokers. Other brokers charge minimum ₹20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).

More Advantages...

Cons What is this parameter?
  • Call and Trade is charged at extra Rs 20 per executed order.
  • Physical contract notes Rs 20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20.
  • 24/7 customer service is not available.
  • Facility to invest in IPO's is not available.
  • Doesn't provide daily market report, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as company doesn't provide banking services.

More Disadvantages...

More Disadvantages...

Reviews What is this parameter? Useful Articles: Useful articles about ProStocks:
Promo / Offers What is this parameter?

ProStocks offer FREE Trading + Demat Account. You can trade unlimited in equity & equity f&o segment for ₹899/month or choose ₹15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer ₹0 Demat AMC with one time ₹1000 refundable deposit.

This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.

Enquire about Trade Smart Online Enquire about ProStocks
Compare More Brokers



Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App