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TradeSmart Vs Prostocks (Compare TradeSmart and Prostocks)

About TradeSmart
TradeSmart is a Mumbai-based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmartFintech Securities Ltd, formerly registered as VNS Finance & Capital Services Ltd; is a traditional brokerage company incorporated in 1994 to offer brokerage services to Indian Stock, Commodity & Currency market investors and traders through franchisees and sub-brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodi...

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About 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 pl...

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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 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

	TradeSmart	Prostocks
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE
Year of Incorporation	1994	2016
Number of Branches	1	1
	Open TradeSmart Account	Open Prostocks Account

TradeSmart Vs Prostocks Charges & AMC

TradeSmart trading account opening charges is Free while Prostocks account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

	TradeSmart	Prostocks
Trading Account Opening Charges	Free	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Free	Rs 0 (Free)
Demat Account AMC Charges	Rs 300 (1st Year Free)	Rs 0 (Lifetime Zero AMC)

TradeSmart Vs Prostocks Brokerage

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

Account Type	TradeSmart Power Plan	Prostocks Flat Rate Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 15 per order	Rs 0 (Free)
Equity Intraday	Rs 15 per order	Rs 15 per executed order
Equity Futures	Rs 15 per order	Rs 15 per executed order
Equity Options	Rs 15 per order	Rs 15 per executed order
Currency Futures	Rs 15 per order	Rs 15 per executed order
Currency Options	Rs 15 per order	Rs 15 per executed order
Commodity Futures	Rs 15 per order	NA
Commodity Options	Rs 15 per order	NA
Special Offer	Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.	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.

TradeSmart Vs Prostocks Brokerage Plan 2

	TradeSmart	Prostocks
Account Type	Value Plan	Unlimited Equity Trading Plan
Fixed Charges		Rs 899
Equity Delivery	0.07%	Rs 0
Equity Intraday	0.007%	Rs 0
Equity Futures	0.007%	Rs 0
Equity Options	Rs 7 Per Lot	Rs 0
Currency Futures	0.007%	NA
Currency Options	Rs 7 Per Lot	NA
Commodity Futures	0.007%	NA
Commodity Options	Rs 7 Per Lot	NA
	Open TradeSmart Account	Open Prostocks Account

TradeSmart Vs Prostocks Brokerage Plan 3

	TradeSmart	Prostocks
Account Type	Power Plan	Unlimited Currency Trading Plan
Fixed Charges	NA	Rs 499
Equity Delivery	Rs 15 per order	NA
Equity Intraday	Rs 15 per order	NA
Equity Futures	Rs 15 per order	NA
Equity Options	Rs 15 per order	NA
Currency Futures	Rs 15 per order	Rs 0
Currency Options	Rs 15 per order	Rs 0
Commodity Futures	Rs 15 per order	NA
Commodity Options	Rs 15 per order	NA
	Open TradeSmart Account	Open Prostocks Account

TradeSmart Charges Vs Prostocks

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

TradeSmart Vs Prostocks Transaction Charges

TradeSmart transaction charges for options is NSE Rs 7750 per Cr (0.0775%) | BSE Rs 4950 per Cr (0.0495%) (on premium) while Prostocks exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium).

	TradeSmart	Prostocks
Equity Delivery	NSE Rs 322 per Cr (0.00322%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 322 per Cr (0.00322%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 238 per Cr (0.00238%) \| BSE Rs 500 per Cr (0.005%)	NSE Rs 200 per Cr (0.002%) \| BSE Rs 0
Equity Options	NSE Rs 7750 per Cr (0.0775%) \| BSE Rs 4950 per Cr (0.0495%) (on premium)	NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures	NSE Rs 165 per Cr (0.00165%) \| BSE Rs 165 per Cr (0.00165%)	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 5500 per Cr (0.055%) \| BSE Rs 400 per Cr (0.004%) (on premium)	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	0.0039%
	Open TradeSmart Account	Open Prostocks Account

TradeSmart Vs Prostocks Leverage (Margin)

TradeSmart 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.

	TradeSmart	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)
	Open TradeSmart Account	Open Prostocks Account

Compare TradeSmart and Prostocks Features

The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.

	TradeSmart	Prostocks
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Mobile trading app, Desktop trading application, Browser, APIs	ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
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
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open TradeSmart Account	Open Prostocks Account

TradeSmart Vs Prostocks Review

TradeSmart is rated 4.0 of 5 based on 67 customer reviews whereas Prostocks is rated 3.3 of 5 based on 41 customer reviews.

	TradeSmart	Prostocks
	67 Customer Reviews	41 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	TradeSmart is rated 4.0 of 5 based on 67 customer reviews	Prostocks is rated 3.3 of 5 based on 41 customer reviews

Contact Broker / Request A Call Back

	TradeSmart Enquire	Prostocks Enquire
Contact Broker	Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.	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.

TradeSmart Vs Prostocks Investment Options

	TradeSmart	Prostocks
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

TradeSmart Vs Prostocks Order Type Offered

	TradeSmart	Prostocks
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open TradeSmart Account	Open Prostocks Account

TradeSmart Vs Prostocks Research Report

	TradeSmart	Prostocks
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

TradeSmart Vs Prostocks Suitable For Investor Type

	TradeSmart	Prostocks
Casual Investor
Active Investor
Trader

TradeSmart Vs Prostocks - Pros and Cons

	TradeSmart	Prostocks
Pros	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 has been 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 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	Call and Trade is charged an extra Rs 20 per executed order. Physical contract notes Rs 20 per contract note + courier charges Intraday positions (MIS, CO & BO) squared off by the RMS team are charged at Rs 20. 24/7 customer service is not available. Doesn't provide daily market reports, free tips, news alerts and technical analysis. 3-in-1 accounts are not available as the company doesn't provide banking services.
Reviews	Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)	ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market. ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds. The Top 10 Reasons to Trade with ProStocks
Promo / Offers	TradeSmart Special Offer Flat Rs 15 per trade (FREE Account Opening) Flat Rs 15 per trade across all segments + Get Margin against your shares + API for Algo Trading. This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.	Prostocks Special Offer 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 algo trading. This is a limited-time offer. Open FREE Instant Demat Account and start trading today.
	Open TradeSmart Account	Open Prostocks Account

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