SMC Global Vs Prostocks (Compare SMC Global and Prostocks)

SMC Global Vs Prostocks

Incorporated in 1994, SMC Global is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX. It has 2450 branches across India. Incorporated in , Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

	SMC Global	Prostocks
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	NSE, BSE, MCX, NCDEX	BSE, NSE
Account Type		Flat Rate Plan
Year of Incorporation	1994
Number of Branches	2450	1
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SMC Global Vs Prostocks Charges & AMC

SMC Global trading account opening charges is Nil while Prostocks account opening changes is Rs 0. SMC Global Demat Account AMC Charges is Rs 300 and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

	SMC Global	Prostocks
Trading Account Opening Charges	Nil	Rs 0
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Rs 499	Rs 0 (Free)
Demat Account AMC Charges	Rs 300	Rs 0 (Lifetime Zero AMC)

SMC Global Vs Prostocks Brokerage

SMC Global brokerage charges for equity is 0.3% and intraday is 0.03% whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15.

	SMC Global	Prostocks
Account Type		Flat Rate Plan
Fixed Charges
Equity Delivery Brokerage	0.3%	Rs 0 (Free)
Equity Intraday Brokerage	0.03%	Rs 15
Equity Futures Brokerage	0.03%	Rs 15
Equity Options Brokerage	Rs 70 per lot	Rs 15
Currency Futures Trading Brokerage	0.03%	Rs 15
Currency Options Trading Brokerage	Rs 20 per lot	Rs 15
Commodity Futures Trading Brokerage	0.03%	NA
Commodity Options Trading Brokerage	0.03%	NA
Special Offer		Special Offer: Get lifetime AMC free Demat Account with Rs 0 account opening fee. Rs 0 Brokerage on Equity Delivery. Flat Rs 15/trade for Intraday and F&O. Request a Callback

SMC Global Vs Prostocks Brokerage Plan 2

	SMC Global	Prostocks
Account Type		Unlimited Equity Trading Plan
Fixed Charges		Rs 899
Equity Delivery Brokerage	0.3%	Rs 0
Equity Intraday Brokerage	0.03%	Rs 0
Equity Futures Brokerage	0.03%	Rs 0
Equity Options Brokerage	Rs 70 per lot	Rs 0
Currency Futures Trading Brokerage	0.03%	NA
Currency Options Trading Brokerage	Rs 20 per lot	NA
Commodity Futures Trading Brokerage	0.03%	NA
Commodity Options Trading Brokerage	0.03%	NA
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SMC Global Vs Prostocks Brokerage Plan 3

	SMC Global	Prostocks
Account Type		Unlimited Currency Trading Plan
Fixed Charges		Rs 499
Equity Delivery Brokerage	0.3%	NA
Equity Intraday Brokerage	0.03%	NA
Equity Futures Brokerage	0.03%	NA
Equity Options Brokerage	Rs 70 per lot	NA
Currency Futures Trading Brokerage	0.03%	Rs 0
Currency Options Trading Brokerage	Rs 20 per lot	Rs 0
Commodity Futures Trading Brokerage	0.03%	NA
Commodity Options Trading Brokerage	0.03%	NA
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SMC Global Charges Vs Prostocks

Minimum Brokerage Charges	Rs 25 per trade or 2.5% of the trade value whichever is lower	Rs 0
Other Brokerage Charges
Call & Trade Charges		Rs 0 (Free)

SMC Global Vs Prostocks Transaction Charges

SMC Global transaction charges for options is 0.065% (on premium) while Prostocks exchange transaction charges for options is NSE: 0.050% | BSE: 0.0025%.

	SMC Global	Prostocks
Equity Delivery	0.0035%	NSE: 0.00325% | BSE: 0.00275%
Equity Intraday	0.0035%	NSE: 0.00325% | BSE: 0.00275%
Equity Futures	0.0029%	NSE: 0.0019% | BSE: 0.0005%
Equity Options	0.065% (on premium)	NSE: 0.050% | BSE: 0.0025%
Currency Futures	0.0029%	NSE: 0.0011% | BSE: 0.0001%
Currency Options	0.065% (on premium)	NSE: 0.040% | BSE: 0.0001%
Commodity	0.0030%
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SMC Global Vs Prostocks Leverage (Margin)

SMC Global provides the margin of Upto 10x Intraday for intraday trades whereas the Prostocks margin for intraday cash is 7x (Margin intraday sq off).

	SMC Global	Prostocks
Equity Delivery	Upto 3x	1x (no margin)
Equity Intraday	Upto 10x Intraday	7x (Margin intraday sq off)
Equity Futures	Upto 2x	2x
Equity Options	NA	1x (no margin)
Currency Futures	NA	1.5x
Currency Options	NA	1x (no margin)
Commodity Futures	Upto 2x
Commodity Options
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Compare SMC Global and Prostocks Features

The trading platforms offered SMC Global include SMC Privilege, Easy Trader, Mobitrader, Tab Trader. Prostocks offers ProStocks, NSE NOW trading software.

	SMC Global	Prostocks
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	SMC Privilege, Easy Trader, Mobitrader, Tab Trader	ProStocks, NSE NOW
Intraday Square-off Time		Equity 3:15 PM | Curr: 4:45 PM
Other Features
Referral Program
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SMC Global Vs Prostocks Review

SMC Global is rated 3.7 of 5 based on 16 customer reviews whereas Prostocks is rated 3.3 of 5 based on 29 customer reviews.

	SMC Global	Prostocks
	16 Customer Reviews	29 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SMC Global is rated 3.7 of 5 based on 16 customer reviews	Prostocks is rated 3.3 of 5 based on 29 customer reviews

SMC Global Vs Prostocks Investment Options

	SMC Global	Prostocks
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

SMC Global Vs Prostocks Order Type Offered

	SMC Global	Prostocks
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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SMC Global Vs Prostocks Research Report

	SMC Global	Prostocks
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

SMC Global Vs Prostocks Suitable For Investor Type

	SMC Global	Prostocks
Casual Investor
Active Investor
Trader

SMC Global Vs Prostocks - Pros and Cons

	SMC Global	Prostocks
Pros	They have 50+ branches for extensive reach. Call and trade facility is also available. Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available. Trading is available in both BSE and NSE. Low bandwidth website is available for slow internet connection or for trading from mobile devices.	Cheapest flat fee broker in India. Offers Rs 899 unlimited equity and equity f&o trading and Rs 15 per trade plan. Cover Order (CO) is available in unlimited monthly plan. Bracket order is coming soon. Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account. 2-in-1 Accounts offers seamless transactions between trading and demat account. 2 Pricing plans to choose from. Lowest exchange transaction changes, guaranteed. Life time free demat account with one time Rs 1000 deposit. No account opening and no annual maintenance charges. ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee. Cheapest Call & Trade fee (Rs 10 per executed order) among all discount brokers. Other brokers charge minimum Rs 20 per trade. 24x7 customer service though Advance Interactive voice response(IVR).
Cons	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.
Reviews		Useful articles about ProStocks: The Top 10 Reasons to Trade with ProStocks
Promo / Offers		Rs 0 Eq Delivery Brokerage and Flat Rs 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.
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