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ProStocks vs TradeSmart (Compare ProStocks and TradeSmart)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between ProStocks vs TradeSmart, Below comparison of ProStocks vs TradeSmart highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of ProStocks vs TradeSmart is given below:

ProStocks

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TradeSmart

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	ProStocks	TradeSmart

About The Brokers	ProStocks : Prostocks is an online discount broker. They are well known for their unlimited monthly trading plan for Rs 899, a lifetime-free AMC demat account, and the lowest cost trading API. They also offer fla >>> more	TradeSmart : "Trade Smart Online makes its mark in the discount trading space by providing clients with multiple options, trading tools and fixed price plans for trading in equity >>> more
Find More Information about the Broker :	ProStocks : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	TradeSmart : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	ProStocks : Discount Broker	TradeSmart : Discount Broker
Promo/offers	ProStocks : 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 : 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.
Advantage	ProStocks : Rs 15 flat-fee trades. Monthly & Yearly Unlimited Trading Plan to offer. Own DP services. Lowest call & Trade charges Rs.10 per trade. Delivery: Rs 25 per trade. Instant paperless online account opening with AADHAR. Zero Professional Clearing Members (PCM) Fee - Unlike all other flat fee brokers ProStocks do not charge PCM Fee. Free trading software (mobile, desktop and website) for all customers. Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account. Zero Demat account AMC when you pay one time refundable deposit of Rs 1000 Referral Service - ProStocks offer 10% brokerage referral for customer referred by the client.	TradeSmart : Rs 15 flat-fee trades. Unlimited Trading Plan to offer. Own DP services Support Offer For Sale(OFS).
Disadvantage	ProStocks : ProStocks doesn't offer 3-in-1 account as they do not offer banking services. Opportunity to invest in Mutual Funds. commodity trading facility is not available. You will not get any research tips as there is no in-house team Only BSE SME IPOs are allow. NSE SME IPOs are not available.	TradeSmart : No support for NRI trading. Does not facility to invest in IPO. Does not provide facility to invest in Mutual Funds, Bonds. No in-house research
Why This	ProStocks : Various option on Brokerage Plans to select from depending on your trading requirements. You can Choose from Flat Rs 15 per order Monthly unlimited trading plans. Yearly unlimited trading plans. One of the most affordable calls & trading charges. Give you the opportunity to earn through the referral program. You need not to pay in case you are not trading in any month. Even though Protock is the discount broker, you get option choosing from the various trading plan. It provides you with DP service as well.	TradeSmart : Wide range of plans to select from depending on your trading requirements. Choose from Flat Rs 15 per order 0.007% for intraday Monthly unlimited trading plans Pay when you use, if not trading in any month then no monthly charges. Provide one of the highest intraday exposures in the industry so you can have the freedom to make big decisions without having to worry about limited funds 2 decades of Experience Trading tools like Span Calculator, Bracket Orders & Trailing Stop loss. Team of 100+ provide support over phone, email and chat to thousands of customers Can change brokerage plans, flexibility in changing brokerage plans. Lowest transaction charges i.e Turnover/Clearing charges. Own DP service.
	Open Account	Open Account

ProStocks vs TradeSmart Account Opening & AMC Charges

ProStocks Trading Account Opening Fee is Rs 0 (Free) and TradeSmart Trading Account Opening Fee is Rs 200 . ProStocks Demat Account AMC is Rs 0 (Lifetime Zero AMC) and TradeSmart Demat Account AMC is Rs 300 .

	ProStocks	TradeSmart
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 200
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 200
Demat Account AMC	Demat Account AMC : Rs 0 (Lifetime Zero AMC)	Demat Account AMC : Rs 300
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0
	Open Account	Open Account

ProStocks vs TradeSmart Brokerage Charges

ProStocks Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 15 per executed order and Equity Options is Rs 15 per executed order . TradeSmart Brokerage Charges Equity Delivery is Rs 15 per order and Equity Intraday is Rs 15 per order and Equity Options is Rs 15 per order .

	ProStocks		TradeSmart
Plan Name	Plan Name : Monthly Unlimited Trading Plan	Plan Name : Flat Fee Plan (₹15 per executed order)	Plan Name : Power Plan (₹15/Order)	Plan Name : Value Plan
Equity Delivery	Equity Delivery : Rs 0	Equity Delivery : Rs 0 (Free)	Equity Delivery : Rs 15 per order	Equity Delivery : 0.07%
Equity Intraday	Equity Intraday : Rs 0	Equity Intraday : Rs 15 per executed order	Equity Intraday : Rs 15 per order	Equity Intraday : 0.007%
Equity Future	Equity Future : Rs 0	Equity Future : Rs 15 per executed order	Equity Future : Rs 15 per order	Equity Future : 0.007%
Equity Options	Equity Options : Rs 0	Equity Options : Rs 15 per executed order	Equity Options : Rs 15 per order	Equity Options : Rs 7 Per Lot
Currency Futures	Currency Futures : NA	Currency Futures : Rs 15 per executed order	Currency Futures : Rs 15 per order	Currency Futures : 0.007%
Currency Options	Currency Options : NA	Currency Options : Rs 15 per executed order	Currency Options : Rs 15 per order	Currency Options : Rs 7 Per Lot
Monthly Fee	Monthly Fee : Rs 899	Monthly Fee : NA	Monthly Fee : NA	Monthly Fee : -
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : Rs 15	Margin Trading : Rs 15
Commodity Futures	Commodity Futures : NA	Commodity Futures : NA	Commodity Futures : Rs 15 per order	Commodity Futures : 0.007%
Commodity Options	Commodity Options : NA	Commodity Options : NA	Commodity Options : Rs 15 per order	Commodity Options : Rs 7 Per Lot
	Open Account		Open Account

ProStocks vs TradeSmart Exchange Transaction Charges

ProStocks Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 0 and Equity Options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) . TradeSmart Exchange Transaction Charges Equity Future is 0.0024% and Equity Options is 0.0715% .

	ProStocks	TradeSmart
Equity Delivery	Equity Delivery : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : 0.0035%
Equity Intraday	Equity Intraday : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : 0.0035%
Equity Future *	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 0	Equity Future : 0.0024%
Equity Options *	Equity Options : NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : 0.0715%
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : 0.00165%
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : 0.06%
Commodity	Commodity : -	Commodity : 0.0039%
	Open Account	Open Account

ProStocks vs TradeSmart Other Charges

ProStocks Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 (Free) . TradeSmart Minimum Brokerage is Rs 15 per executed order and Call & Trade is Rs 20 per executed order .

	ProStocks	TradeSmart
Minimum Brokerage	Minimum Brokerage : Rs 0	Minimum Brokerage : Rs 15 per executed order
Call & Trade	Call & Trade : Rs 0 (Free)	Call & Trade : Rs 20 per executed order
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹20 per scrip for equity delivery trade+18% GST	DP Charges (on sell side) : Rs 15 per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
	Open Account	Open Account

ProStocks vs TradeSmart Features

ProStocks and TradeSmart both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	ProStocks	TradeSmart
Trading Platform	Trading Platform : ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API	Trading Platform : NEST, NOW, Spin
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : NA	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : 1	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

ProStocks vs TradeSmart Demat Account Charges

A comparative table of various demat account charges between ProStocks and TradeSmart is below:

	ProStocks	TradeSmart
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Nil	Account Opening Fee : Rs 500
Advance Deposit	Advance Deposit : Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit	Advance Deposit : Nil
AMC	AMC : Nil	AMC : Individual Account: Rs 300 per year Corporate Account: Rs 800 per year
Dematerialisation Charges	Dematerialisation Charges : Rs 50 per set up + Rs 50 courier charges	Dematerialisation Charges : Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>
Rematerialisation Charges	Rematerialisation Charges : Rs 50 per set up + Rs 50 courier charges	Rematerialisation Charges : Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Rs 8 + Rs 5.50 (CDSL charges) per ISIN	Transaction Charges (debit) : Rs 25 minimum or 0.02% which ever is higher. In case of BSDA Rs 50 or 0.02% whichever is higher.
Pledge Creation Charges	Pledge Creation Charges : Rs 50 per set up	Pledge Creation Charges : Rs 200 per scrip
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : Rs 50 per set up	Pledge Invocation Charges : Rs 200 minimum or 0.01% which ever is higher
Failed Instruction Charges	Failed Instruction Charges : Failed transactions Rs 50 per ISIN	Failed Instruction Charges : Nil
Other Charges	Other Charges : -	Other Charges : Late instruction: 0.1% scrip value Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges Physical transaction statement: Rs 50 per BO statement plus courier charges Cheque dishonour charges: Rs 200 per instance Offmarket transfer (DP): Rs 25 plus service tax Inter DP transfer: Rs 25 plus service tax KRA Modification: Rs 35 plus service tax
	Open Account	Open Account

ProStocks vs TradeSmart Basic Details

ProStocks Year of Incorporation is 2016 and Total Number of Clients is 6202 and Total Number of Branches is 1 . TradeSmart Year of Incorporation is 1994 and Total Number of Clients is 30376 and Total Number of Branches is 1 .

	ProStocks	TradeSmart
Year of Incorporation	Year of Incorporation : 2016	Year of Incorporation : 1994
Active Exchange Memberships	Active Exchange Memberships : BSE, NSE	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : No	Demat Services : No
Website	Website : www.prostocks.com	Website : https://tradesmartonline.in/
Contact Details	Contact Details : +91 22 62 43 43 43	Contact Details : 022 61208000
Total Number of Clients	Total Number of Clients : 6,202	Total Number of Clients : 30,376
Total Number of Branches	Total Number of Branches : 1	Total Number of Branches : 1
Products *	Products : ProStocks Mobile,Web & Desktop. BSE Best	Products : -
	Open Account	Open Account

ProStocks vs TradeSmart Orders

Orders

	ProStocks	TradeSmart
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : No
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

ProStocks vs TradeSmart Research and Advice / Trading Tips

Research and Advice / Trading Tips

	ProStocks	TradeSmart
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : No
Comparison *	Comparison : No	Comparison : No
Free Tips *	Free Tips : No	Free Tips : No
Daily Market report *	Daily Market report : No	Daily Market report : No
ETF research *	ETF research : No	ETF research : No
Quarterly Results *	Quarterly Results : No	Quarterly Results : No
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ProStocks vs TradeSmart Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	ProStocks	TradeSmart
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : -
	Open Account	Open Account

ProStocks vs TradeSmart Product & Services

ProStocks and TradeSmart both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	ProStocks	TradeSmart
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : No	Margin Trading : No
Call N Trade *	Call N Trade : Yes	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : No	Limit Order : No
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : Yes	NRI Services : No
SMS Alerts *	SMS Alerts : No	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : Yes	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : Yes	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : No	Portfolio Analysis : No
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : No	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : No	Market Trading : No
Monthly & Yearly Plan *	Monthly & Yearly Plan : Yes	Monthly & Yearly Plan : Yes
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No
	Open Account	Open Account

ProStocks vs TradeSmart Customer Services

ProStocks and TradeSmart both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	ProStocks	TradeSmart
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : Yes
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : No
Customer Care *	Customer Care : Yes	Customer Care : No
Community Service *	Community Service : No	Community Service : No
Relationship Manager *	Relationship Manager : No	Relationship Manager : -
24/7 Support *	24/7 Support : -	24/7 Support : No
	Open Account	Open Account

ProStocks vs TradeSmart Other Investement

ProStocks and TradeSmart both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	ProStocks	TradeSmart
Commodity Trading *	Commodity Trading : No	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : No	Investment in Mutual Funds : No
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : No	Insurance Services : No
Banking Services *	Banking Services : No	Banking Services : No
	Open Account	Open Account

ProStocks vs TradeSmart Trading Platform

ProStocks and TradeSmart both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	ProStocks	TradeSmart
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : No
Virtual Trading *	Virtual Trading : No	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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	Open Account	Open Account