TradeSmart Vs Prostocks (Compare TradeSmart and Prostocks)

The side-by-side comparison of TradeSmart and Prostocks. Compare TradeSmart Vs Prostocks brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best TradeSmart vs Prostocks?


TradeSmart
TradeSmart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of... Know more about VNS Finance & Capital Services Ltd


Prostocks
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 Equity and Derivatives Trading at ₹899 per month or unlimited Currency Derivatives for ₹499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this plan. ProStocks ... Know more about Prostocks

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TradeSmart Vs Prostocks

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in , Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has branches across India.

  TradeSmart Prostocks
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE
Account Type Power Plan (₹15/Order) Flat Rate Plan
Year of Incorporation 1994
Number of Branches 1
Broker Enquiry Open an Online Trading Account with TradeSmart. 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.
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TradeSmart Vs Prostocks Charges & AMC

TradeSmart trading account opening charges is ₹200 while Prostocks account opening changes is ₹0. TradeSmart Demat Account AMC Charges is ₹300 and Prostocks Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).

  TradeSmart Prostocks
Trading Account Opening Charges ₹200 ₹0
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹200 ₹0 (Free)
Demat Account AMC Charges ₹300 ₹0 (Lifetime Zero AMC)
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TradeSmart Vs Prostocks Brokerage Charges & Plans

TradeSmart Vs Prostocks Brokerage

TradeSmart brokerage charges for equity is ₹15 per executed order and intraday is ₹15 per executed order whereas Prostocks brokerage charges for equity is ₹0 (Free) and intraday is ₹15.

  TradeSmart Prostocks
Account Type Power Plan (₹15/Order) Flat Rate Plan
Fixed Charges
Equity Delivery Brokerage ₹15 per executed order ₹0 (Free)
Equity Intraday Brokerage ₹15 per executed order ₹15
Equity Futures Brokerage ₹15 per executed order ₹15
Equity Options Brokerage ₹15 per executed order ₹15
Currency Futures Trading Brokerage ₹15 per executed order ₹15
Currency Options Trading Brokerage ₹15 per executed order ₹15
Commodity Futures Trading Brokerage ₹15 per executed order NA
Commodity Options Trading Brokerage ₹15 per executed order NA
Special Offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer
Special Offer: Get lifetime AMC free Demat Account with ₹0 account opening fee. ₹0 Brokerage on Equity Delivery. Flat ₹15/trade for Intraday and F&O. Request a Callback

TradeSmart Vs Prostocks Brokerage Plan 2

  TradeSmart Prostocks
Account Type Value Plan Unlimited Equity Trading Plan
Fixed Charges ₹899
Equity Delivery Brokerage 0.007% ₹0
Equity Intraday Brokerage 0.007% ₹0
Equity Futures Brokerage 0.007% ₹0
Equity Options Brokerage ₹7 Per Lot ₹0
Currency Futures Trading Brokerage 0.007% NA
Currency Options Trading Brokerage ₹7 Per Lot NA
Commodity Futures Trading Brokerage 0.007% NA
Commodity Options Trading Brokerage ₹7 Per Lot NA
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TradeSmart Vs Prostocks Brokerage Plan 3

  TradeSmart Prostocks
Account Type Power Plan (₹15/Order) Unlimited Currency Trading Plan
Fixed Charges ₹499
Equity Delivery Brokerage ₹15 per executed order NA
Equity Intraday Brokerage ₹15 per executed order NA
Equity Futures Brokerage ₹15 per executed order NA
Equity Options Brokerage ₹15 per executed order NA
Currency Futures Trading Brokerage ₹15 per executed order ₹0
Currency Options Trading Brokerage ₹15 per executed order ₹0
Commodity Futures Trading Brokerage ₹15 per executed order NA
Commodity Options Trading Brokerage ₹15 per executed order NA
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TradeSmart Charges Vs Prostocks

Minimum Brokerage Charges ₹15 per executed order ₹0
Other Brokerage Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order
Call & Trade Charges ₹20 per executed order ₹0 (Free)
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TradeSmart Vs Prostocks Transaction Charges

TradeSmart transaction charges for options is 0.0715% while Prostocks exchange transaction charges for options is NSE: 0.050% | BSE: 0.0025%.

  TradeSmart Prostocks
Equity Delivery 0.0035% NSE: 0.00325% | BSE: 0.00275%
Equity Intraday 0.0035% NSE: 0.00325% | BSE: 0.00275%
Equity Futures 0.0024% NSE: 0.0019% | BSE: 0.0005%
Equity Options 0.0715% NSE: 0.050% | BSE: 0.0025%
Currency Futures 0.00165% NSE: 0.0011% | BSE: 0.0001%
Currency Options 0.06% NSE: 0.040% | BSE: 0.0001%
Commodity 0.0039%
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TradeSmart Vs Prostocks Leverage (Margin)

TradeSmart provides the margin of 30x trading margin for intraday trades whereas the Prostocks margin for intraday cash is 7x (Margin intraday sq off).

  TradeSmart Prostocks
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday 30x trading margin 7x (Margin intraday sq off)
Equity Futures MIS: 3X | BO: 7X | CO: 7X 2x
Equity Options MIS: 3X | BO: 7X | CO: 7X 1x (no margin)
Currency Futures MIS: 3X | BO: 3X | CO: 3X 1.5x
Currency Options MIS: 3X | BO: NA | CO: NA 1x (no margin)
Commodity Futures MIS: 2X | BO: 6X | CO: 6X
Commodity Options MIS: NA | BO: NA | CO: NA
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Compare TradeSmart and Prostocks Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. Prostocks offers ProStocks, NSE NOW trading software.

  TradeSmart Prostocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform NEST, NOW, Spin ProStocks, NSE NOW
Intraday Square-off Time 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
Referral Program Yes
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TradeSmart Vs Prostocks Review

TradeSmart is rated 4.0 of 5 based on 64 customer reviews whereas Prostocks is rated 3.3 of 5 based on 29 customer reviews.

  TradeSmart Prostocks
  64 Customer Reviews    Rate TradeSmart 29 Customer Reviews    Rate Prostocks
Fees 3.8 4.7
Trading Brokerage 4.4 4.4
Trading Platform Usability 3.7 3.0
Customer Service 4.0 3.3
Research Capabilities 3.0 4.0
Overall Ratings Rated 4.0 stars Rated 3.3 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 64 customer reviews Prostocks is rated 3.3 of 5 based on 29 customer reviews
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Contact Broker / Request A Call Back

  TradeSmart Enquire Prostocks Enquire
Contact Broker

FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

Get lifetime AMC free Demat Account with ₹0 account opening fee. ₹0 Brokerage on Equity Delivery. Flat ₹15/trade for Intraday and F&O. Request a Callback

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TradeSmart Vs Prostocks Investment Options

  TradeSmart Prostocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options
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TradeSmart Vs Prostocks Order Type Offered

  TradeSmart Prostocks
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No
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TradeSmart Vs Prostocks Research Report

  TradeSmart Prostocks
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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TradeSmart Vs Prostocks Suitable For Investor Type

  TradeSmart Prostocks
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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TradeSmart Vs Prostocks - Pros and Cons

  TradeSmart Prostocks
Pros
  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of ₹1000.
  • Unlike most of the discount brokers; TradeSmart 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 to invest 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. The customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain a trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • TradeSmart is in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of information which is helpful for most customers.
  • 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).
Cons
  • Call and Trade is charged at extra ₹20 per executed order.
  • Physical contract notes ₹20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹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.
Reviews Useful Articles: Useful articles about ProStocks:
Promo / Offers

Limited Time Offer - Free Account Opening (₹400 waived)

Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat ₹15 per order.

Get this limited time offer
  • ₹0 Eq Delivery Brokerage and Flat ₹15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • FREE Trading and Demat Account Opening

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

Enquire TradeSmartEnquire Prostocks

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