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SMC Global Vs Prostocks (Compare SMC Global and Prostocks)


SMC Global Limited Logo

SMC Global
Incorporated in 1994, SMC Global Limited is a leading financial services company in India offering services across brokerage, investment banking and wealth management. SMC Global has a presense in India as well as internationally through offices in Dubai. They have huge network of 50+ branches and 2,400 registered sub-brokers and authorized persons with a PAN-India presence. SMC's Online Trading portal is one stop financial investment portal of SMC Global Ltd. They offers online trading... Know more about SMC Global Limited


Prostocks Logo

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 Rs 899 per month or unlimited Currency Derivatives for Rs 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. ProSto... Know more about Prostocks

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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 2016, 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
Exchnage Membership NSE, BSE, MCX, NCDEX BSE, NSE
Year of Incorporation 1994 2016
Number of Branches 2450 1
Open an Online Trading Account with SMC Global.Open an Online Trading Account with Prostocks.
Enquire SMC GlobalOpen Prostocks Account
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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)
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SMC Global Vs Prostocks Brokerage Charges & Plans

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 0.3% Rs 0 (Free)
Equity Intraday 0.03% Rs 15
Equity Futures 0.03% Rs 15
Equity Options Rs 70 per lot Rs 15
Currency Futures 0.03% Rs 15
Currency Options Rs 20 per lot Rs 15
Commodity Futures 0.03% NA
Commodity Options 0.03% NA
Special Offer
Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

SMC Global Vs Prostocks Brokerage Plan 2

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

SMC Global Vs Prostocks Brokerage Plan 3

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

SMC Global Charges Vs Prostocks

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower Rs 0
Other Charges
Call & Trade Charges Rs 0 (Free)
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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 Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium).

  SMC Global Prostocks
Equity Delivery 0.0035% NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday 0.0035% NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures 0.0029% NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)
Equity Options 0.065% (on premium) NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)
Currency Futures 0.0029% NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options 0.065% (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity 0.0030%
Enquire SMC GlobalOpen Prostocks Account
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SMC Global Vs Prostocks Leverage (Margin)

SMC Global margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Prostocks margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  SMC Global Prostocks
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Enquire SMC GlobalOpen Prostocks Account
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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 No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes No
Online Demo Yes
Online Portfolio Yes No
Margin Trading Funding No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
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
Enquire SMC GlobalOpen Prostocks Account
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SMC Global Vs Prostocks Review

SMC Global is rated 4.0 of 5 based on 30 customer reviews whereas Prostocks is rated 3.2 of 5 based on 36 customer reviews.

  SMC Global Prostocks
  30 Customer Reviews    Rate SMC Global 36 Customer Reviews    Rate Prostocks
Fees 3.8 4.5
Brokerage 3.7 4.2
Trading Platform 3.9 2.8
Customer Service 4.0 3.1
Research Capabilities 4.1 2.2
Overall Ratings Rated 4.0 stars Rated 3.2 stars
Broker Rating SMC Global is rated 4.0 of 5 based on 30 customer reviews Prostocks is rated 3.2 of 5 based on 36 customer reviews
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Contact Broker / Request A Call Back

  SMC Global Enquire Prostocks Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
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SMC Global Vs Prostocks Investment Options

  SMC Global Prostocks
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance
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SMC Global Vs Prostocks Order Type Offered

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

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

  SMC Global Prostocks
Casual Investor Yes
Active Investor Yes
Trader Yes
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SMC Global Vs Prostocks - Pros and Cons

  SMC Global Prostocks
Pros
  1. They have 50+ branches for extensive reach.
  2. Call and trade facility is also available.
  3. Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders.
  4. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
  5. Trading is available in both BSE and NSE.
  6. 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
  1. Mobile trading on NSE is not available.
  2. They don't offer 3 in 1 account.
  3. There charge extra for their featured products.
Reviews Useful articles about ProStocks:
Promo / Offers

Unlimited Monthly Trading @ Rs 899

  • Monthly unlimited trading plan @ Rs 899.
  • Or Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • API for alog trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

Enquire SMC GlobalOpen Prostocks Account

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SMC Global Prostocks
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