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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... Know more about TradeSmart

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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.

 TradeSmartProstocks
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCXBSE, NSE
Year of Incorporation19942016
Number of Branches11
Open TradeSmart AccountOpen Prostocks Account

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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).

 TradeSmartProstocks
Trading Account Opening ChargesFreeRs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesFreeRs 0 (Free)
Demat Account AMC ChargesRs 300 (1st Year Free)Rs 0 (Lifetime Zero AMC)

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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 TypeTradeSmart Power PlanProstocks Flat Rate Plan
Fixed ChargesNANA
Equity DeliveryRs 15 per orderRs 0 (Free)
Equity IntradayRs 15 per orderRs 15 per executed order
Equity FuturesRs 15 per orderRs 15 per executed order
Equity OptionsRs 15 per orderRs 15 per executed order
Currency FuturesRs 15 per orderRs 15 per executed order
Currency OptionsRs 15 per orderRs 15 per executed order
Commodity FuturesRs 15 per orderNA
Commodity OptionsRs 15 per orderNA
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

 TradeSmartProstocks
Account TypeValue PlanUnlimited Equity Trading Plan
Fixed ChargesNARs 899
Equity Delivery0.07%Rs 0
Equity Intraday0.007%Rs 0
Equity Futures0.007%Rs 0
Equity OptionsRs 7 Per LotRs 0
Currency Futures0.007%NA
Currency OptionsRs 7 Per LotNA
Commodity Futures0.007%NA
Commodity OptionsRs 7 Per LotNA
Open TradeSmart AccountOpen Prostocks Account

TradeSmart Vs Prostocks Brokerage Plan 3

 TradeSmartProstocks
Account TypePower PlanUnlimited Currency Trading Plan
Fixed ChargesNARs 499
Equity DeliveryRs 15 per orderNA
Equity IntradayRs 15 per orderNA
Equity FuturesRs 15 per orderNA
Equity OptionsRs 15 per orderNA
Currency FuturesRs 15 per orderRs 0
Currency OptionsRs 15 per orderRs 0
Commodity FuturesRs 15 per orderNA
Commodity OptionsRs 15 per orderNA
Open TradeSmart AccountOpen Prostocks Account

TradeSmart Charges Vs Prostocks

Minimum BrokerageRs 15 per executed orderRs 0
Other ChargesIntraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade ChargesRs 20 per executed orderRs 0 (Free)
Open TradeSmart AccountOpen Prostocks Account

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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.

 TradeSmartProstocks
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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 AccountOpen Prostocks Account

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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.

 TradeSmartProstocks
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingNoNo
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)YesNo
Trading PlatformMobile trading app, Desktop trading application, Browser, APIsProStocks Star Mobile, ProStocks Star Web, ProStocks Star API
Intraday Square-off TimeEquity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closingEquity 3:15 PM | Curr: 4:45 PM
Trading In SME Shares Allowed?NoYes
Referral ProgramYesYes
Other Features
Open TradeSmart AccountOpen Prostocks Account

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TradeSmart Vs Prostocks Review

TradeSmart is rated of 5 based on 67 customer reviews whereas Prostocks is rated of 5 based on 42 customer reviews.

 TradeSmartProstocks
 67 Customer Reviews    Rate TradeSmart42 Customer Reviews    Rate Prostocks
FeesRated 3.8 starsRated 4.5 stars
BrokerageRated 4.4 starsRated 4.2 stars
Trading PlatformRated 3.8 starsRated 2.9 stars
Customer ServiceRated 4.0 starsRated 3.2 stars
Research CapabilitiesRated 2.7 starsRated 2.0 stars
Overall RatingRated 4.0 starsRated 3.2 stars
Broker RatingTradeSmart is Rated 4.0 / 5 based on 67 customer reviewsProstocks is Rated 3.2 / 5 based on 42 customer reviews

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Contact Broker / Request A Call Back

 TradeSmartProstocks
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.

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TradeSmart Vs Prostocks Investment Options

 TradeSmartProstocks
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtNoYes

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TradeSmart Vs Prostocks Order Type Offered

 TradeSmartProstocks
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)NoYes
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes
Open TradeSmart AccountOpen Prostocks Account

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TradeSmart Vs Prostocks Suitable For Investor Type

 TradeSmartProstocks
Casual InvestorNoYes
Active InvestorYesYes
TraderYesYes

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TradeSmart Vs Prostocks - Pros and Cons

 TradeSmartProstocks
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:

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)

  • Outstanding Support
  • 29+ Years of expertise
  • Advanced Order Types

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 AccountOpen Prostocks Account


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