FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
The brokerage of TradeSmart ranges between Rs 15, the brokerage of Fyers ranges between Rs 20, while the brokerage of ProStocks ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for TradeSmart is 4, Fyers is rated 4, ProStocks is rated 4 out of 5.
Here we present side-by-side comparison of TradeSmart vs Fyers vs ProStocks stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared TradeSmart vs Fyers vs ProStocks on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better TradeSmart vs Fyers vs ProStocks in this setion with 360 degree view of broker information.
In this section we have compared TradeSmart vs Fyers vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Fyers and ProStocks offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - TradeSmart charges Rs 300 PA as AMC for Demat account, Fyers charges Free AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
Charges | TradeSmart | Fyers | ProStocks |
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Trading Account Opening Fees | Rs 200 | Free | Free |
Trading AMC | Free | Free | Free |
Demat Account Opening Fees | Rs 200 | Free | Free |
Demat AMC | Rs 300 PA | Free | Rs 0 (Rs 1000 Refundable Deposit) |
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Plans are the most important feature you look when compare TradeSmart vs Fyers vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart and ProStocks offers Multiple Plans where Fyers doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where TradeSmart and Fyers doesn't offer.
Plan Types | TradeSmart | Fyers | ProStocks |
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Multiple Plans | ![]() |
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Monthly Plans | ![]() |
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Yearly Plans | ![]() |
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Zerodha | Fyers | ProStocks | |
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Account Opening Request |
TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.
Brokerage Charges Compare | TradeSmart | Fyers | ProStocks |
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Plan Name | Flat Fee Rs 15 Trading Plan (Power Plan) | Max Rs 20 Per Order Trading Plan | Flat Fee Rs 15 Trading Plan |
Equity Delivery | Flat Fee Rs 15 | Free | Free |
Equity Intraday | Flat Fee Rs 15 | 0.03% or Rs 20 whichever is lower | Flat Fee Rs 15 |
Equity Futures | Flat Fee Rs 15 | 0.03% or Rs 20 whichever is lower | Flat Fee Rs 15 |
Equity Options | Flat Fee Rs 15 | Flat Fee Rs 20 | Flat Fee Rs 15 |
Currency Futures | Flat Fee Rs 15 | 0.03% or Rs 20 whichever is lower | Flat Fee Rs 15 |
Currency Options | Flat Fee Rs 15 | Flat Fee Rs 20 | Flat Fee Rs 15 |
Commodity Trading | Flat Fee Rs 15 | Flat Fee Rs 20 | NA |
Minimum Brokerage | NA | ||
Hidden Charges | No | No | |
Funding | No | No | No |
Call & Trade Charges | Rs 20 per executed Order | Rs 50 Per Order | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
Auto Square off Charges | Rs 20 per executed Order | Rs 50 Per Order | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
Brokerage Calculator | Brokerage Calculator for TradeSmart | Brokerage Calculator for Fyers | Brokerage Calculator for ProStocks |
Compare TradeSmart vs Fyers vs ProStocks on transaction charges and PCM fee by segment.
Transaction Charges Compare | TradeSmart | Fyers | ProStocks |
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Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
Commodity | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | NA | NA |
Brokerage Charges | Complete Brokerage Plans for trade-smart-online | Complete Brokerage Plans for fyers | Complete Brokerage Plans for prostocks |
Compare TradeSmart vs Fyers vs ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - All 3 brokers dont have margin funing facility. NRI Trading - ProStocks offers NRI Trading where TradeSmart and Fyers doesn't offers NRI Trading.
Account Features Compare | TradeSmart | Fyers | ProStocks |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Algo Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Combined Ledger for Equity and Commodity | ![]() |
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Intraday Square-off Time | 3:15PM | 3:15 PM | 3:15PM |
NRI Trading | ![]() |
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Other Features | NIL | Fyers 30 Day Challenge | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart vs Fyers vs ProStocks. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
Trading Platform Compare | TradeSmart | Fyers | ProStocks |
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Desktop Trading Platform | NEST Trader & Fox Trader | Fyers One | Star ProStocks |
Desktop Demo | Desktop Demo | Desktop Demo | Info Not Available |
Desktop Platform (Windows) | ![]() |
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Desktop Platform (Mac) | ![]() |
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Web Trading Platform | ![]() |
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Web Trading Detail |
https://sine.tradesmartonline.in/userMaster/login |
Fyers Web |
https://www.prostocksweb.com/ |
Web Trading Demo | Web Trading Demo | Web Trading Demo | Info Not Available |
Mobile Site | ![]() |
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Mobile Trading | ![]() |
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Mobile Trading App | Sine | Fyers 2.0 Mobile App | Star ProStocks |
Mobile Trading App Demo | Sine Demo | Fyers 2.0 Mobile App Demo | Info Not Available |
Android Mobile App | ![]() |
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Android App Download | Andriod Sine Download | Andriod Fyers 2.0 Mobile App Download | Andriod Download |
iPhone Mobile App (IOS) | ![]() |
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iOS App Download | iOS Sine Download | iOS Fyers 2.0 Mobile App Download | iOS Star ProStocks Download |
Android Tablet App | ![]() |
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iPad App (IOS) | ![]() |
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Trading Software Charges | Free | Free | Free |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for TradeSmart | Equity Intraday and Delivery Brokerage Calculator for Fyers | Equity Intraday and Delivery Brokerage Calculator for ProStocks |
Futures Brokerage Calculator | Futures Brokerage Calculator for TradeSmart | Futures Brokerage Calculator for Fyers | Futures Brokerage Calculator for ProStocks |
Options Brokerage Calculator | Options Brokerage Calculator for TradeSmart | Options Brokerage Calculator for Fyers | Options Brokerage Calculator for ProStocks |
Detail | Detail on Trading Platforms for trade-smart-online | Detail on Trading Platforms for fyers | Detail on Trading Platforms for prostocks |
Compare TradeSmart vs Fyers vs ProStocks on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - TradeSmart and Fyers offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Fyers offers online mutual fund investment where TradeSmart and ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
Investment Offerings Compare | TradeSmart | Fyers | ProStocks |
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Equity Cash and F&O | ![]() |
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Currency Deravitives | ![]() |
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Commodity | ![]() |
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Online IPO Application | ![]() |
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Mutual Funds | ![]() |
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Bond / NCD | ![]() |
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ETF | ![]() |
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Banking | ![]() |
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Insurance | ![]() |
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Forex | ![]() |
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MF SIP Investment | ![]() |
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Equity SIP Investment | ![]() |
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PMS Service | ![]() |
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Other Investment Options | NIL | NIL | NIL |
Order Type - Compare TradeSmart vs Fyers vs ProStocks on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Fyers and ProStocks offers Good Till Cancelled (GTC) orders facility where TradeSmart doesn't provides GTC.
Order Type Compare | TradeSmart | Fyers | ProStocks |
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CNC order | ![]() |
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MIS order | ![]() |
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NRML order | ![]() |
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Cover order | ![]() |
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Bracket order | ![]() |
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AMO-After Market Orders | ![]() |
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GTC-Good Till Cancelled | ![]() |
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Compare TradeSmart vs Fyers vs ProStocks on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
Customer Service Compare | TradeSmart | Fyers | ProStocks |
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24/7 Customer Service | ![]() |
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Email Support | ![]() |
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Onine Live Chat | ![]() |
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Phone Support | ![]() |
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Toll Free Number | ![]() |
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Through Branches | ![]() |
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Customer Care Number | 022 61208000 | 08060001111 | +91-2262-434343 |
Account Opening Process | Online/Paperless | 100% online and paperless proc | Online/Paperless |
Customer Support Email | [email protected] | [email protected] | [email protected] |
Knowledge Center/Education | https://help.tradesmartonline.in/ | https://fyers.in/school-of-stocks/ | https://www.prostocks.com/faq.html |
Head Office Address | Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009 |
Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063 |
Website | https://tradesmartonline.in/ | https://fyers.in/ | https://www.prostocks.com |
Compare TradeSmart vs Fyers vs ProStocks on research reports and tips provided by broker.
TradeSmart | Fyers | ProStocks | |
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Research Mutual Funds | ![]() |
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Research Equity Reports | ![]() |
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Research ETF | ![]() |
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Daily Market Report | ![]() |
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Quarterly Result Analysis | ![]() |
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Compare TradeSmart vs Fyers vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details
TradeSmart | Fyers | ProStocks | |
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DP Source | CDSL | CDSL | CDSL |
DP ID | 30400 | 432-2019 | 83200 |
Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | Free | Free (₹1000 Refundable Deposit) |
Advance Deposit | NIL | Nil | 1000/- Refundable Deposit against charges |
Statutory charges | Nil | Nil | Nil |
Transaction Charges on Debit (Per ISIN) | ₹25 | ₹7 + ₹5.50 (CDSL Charges) per transaction | ₹20 per ISIN |
Demat | ₹500 per certificate (Min ₹500 per request) | ₹0 | ₹50 per set up + ₹50 courier charges |
Remat | ₹500 per certificate (Min ₹500 per request) | ₹0 | ₹50 per set up + ₹50 courier charges |
Pledge Creation | ₹200 per script ₹50 for trading margin each side |
Nil | ₹50 |
Pledge Creation Confirmation | Nil | Nil | Nil |
Pledge Closure | ₹200 per script | Nil | ₹50 |
Pledge Closure Confirmation | Nil | Nil | Nil |
Pledge Invocation | ₹200 per script | Nil | ₹50 |
Failed Instruction Charges | Nil | Nil | ₹50 per transaction |
Other Charges | Nil | Stamp Charges ₹50, | Nil |
Compare TradeSmart vs Fyers vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
TradeSmart | Fyers | ProStocks | |
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Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software. Pay-out/Fund Withdrawal - Bank Transfer only. |
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web. Pay-out/Fund Withdrawal - Bank Transfer only |
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application. Pay-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Up to 24 Hrs except Bank Holidays. | Up to 24 Hrs except for Bank Holidays. | Upto 24 Hrs except Bank Holidays. |
Bank Supported and Charges | Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. | 24+ banks connected via payment gateway, Free pay in and Free Pay Out. | Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms. |
Bank Detail | VNS Finance and Capital Services Ltd., Account Number:VNS095XXXXXXX Bank and Branch: Yes Bank,CMS National Operating Centre MMR Account Type: Current Account IFSC Code: YESB0CMSNOC |
Fyers Securities, Account Number:00090340002376 Bank and Branch: HDFC Bank,Kasturba Road, Bangalore Account Type: Current Account IFSC Code: HDFC0000009 |
SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060 |
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Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
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There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
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Special Offers/Promo | Free Account Opening, Rs 400 Waived for a limited time. | ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit. | |
Enquire for TradeSmart | Enquire for Fyers | Enquire for ProStocks |
Last Updated on 2023-09-01T03:17:59+00:00