SMC Global Vs Prostocks (Compare SMC Global and Prostocks)
The side-by-side comparison of SMC Global and Prostocks. Compare SMC Global Vs Prostocks brokerage, charges, exposure margin, demat account. Read Prostocks and SMC Global review.
Find out SMC Global Vs Prostocks which is better and SMC Global Vs Prostocks which is best.
Our SMC Global Limited comparison with Prostocks highlights the major differences between two brokers. Find the best between SMC Global and Prostocks.
SMC Global Vs Prostocks
SMC Global
Prostocks
Find more info about broker
About the Broker
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 office...
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 ...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
NSE, BSE, MCX, NCDEX
BSE, NSE
Account Type
Monthly Unlimited Equity
Broker Enquiry
Year of Incorporation
1994
Number of Branches
2450
Enquire SMC Global
Enquire Prostocks
SMC Global Vs Prostocks Charges
SMC Global
Prostocks
Trading Account Opening Fees
Nil
₹0
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
₹499
₹0 (Free)
Demat Account AMC
₹300
₹0 (Lifetime Zero AMC)
Demat Account is Mandatory?
No
No
SMC Global Vs Prostocks Brokerage
Brokerage Plan 2
SMC Global
Prostocks
Account Type
Monthly Unlimited Currency
Fixed Charges
₹499
Equity Delivery Brokerage
0.3%
NA
Equity Intraday Brokerage
0.03%
NA
Equity Futures Brokerage
0.03%
NA
Equity Options Brokerage
₹70 per lot
NA
Currency Futures Trading Brokerage
0.03%
₹0
Currency Options Trading Brokerage
₹20 per lot
₹0
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
0.03%
NA
Brokerage Plan 3
SMC Global
Prostocks
Account Type
Flat Rate Plan
Fixed Charges
Equity Delivery Brokerage
0.3%
₹15
Equity Intraday Brokerage
0.03%
₹15
Equity Futures Brokerage
0.03%
₹15
Equity Options Brokerage
₹70 per lot
₹15
Currency Futures Trading Brokerage
0.03%
₹15
Currency Options Trading Brokerage
₹20 per lot
₹15
Commodity Futures Trading Brokerage
0.03%
NA
Commodity Options Trading Brokerage
0.03%
NA
Other Charges
Minimum Brokerage Charges
Rs 25 per trade or 2.5% of the trade value whichever is lower
₹0
Other Brokerage Charges
Call & Trade Charges
₹0 (Free)
SMC Global Vs Prostocks Taxes
SMC Global
Prostocks
Securities Transaction Tax (STT)
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
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
SMC Global Vs Prostocks Transaction Charges
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%
SMC Global Vs Prostocks Exposure Margin
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
SMC Global and Prostocks Feature Comparison
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
SMC Global Vs Prostocks Review
SMC Global
Prostocks
14 Customer Reviews
28 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
SMC Global is Rated 3.9 / 5 based on 14 customer reviews Prostocks is Rated 3.3 / 5 based on 28 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 Customer Service
SMC Global
Prostocks
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
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.
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
Mobile trading on NSE is not available.
They don't offer 3 in 1 account.
There charge extra for their featured products.
More Disadvantages...
More Disadvantages...
Reviews
Useful articles about ProStocks:
Promo / Offers
Trade unlimited for ₹899 per month or ₹15 per trade + 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.
Zerodha
Zero Account Opening Fee