Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
The brokerage of TradeSmart ranges between Rs 15, the brokerage of Groww 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, Groww is rated 4, ProStocks is rated 4 out of 5.
Here we present side-by-side comparison of TradeSmart vs Groww 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 Groww 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 Groww vs ProStocks in this setion with 360 degree view of broker information.
 TradeSmart |
 Groww |
 ProStocks |
|
|---|---|---|---|
| Overall Rating | |||
| Brokerage Charges | |||
| Trading Platform | |||
| Investments Offering | |||
| Customer Service | |||
| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE | NSE, BSE |
| Broker Overview | Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support. | Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... |
Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... |
| Broker Enquiry |
|
|
|
In this section we have compared TradeSmart vs Groww vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Groww 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, Groww charges Free AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
| Charges | TradeSmart | Groww | ProStocks |
|---|---|---|---|
| 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) |
| Provide DP Service |  |
|
|
Plans are the most important feature you look when compare TradeSmart vs Groww vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart and ProStocks offers Multiple Plans where Groww doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where TradeSmart and Groww doesn't offer.
| Plan Types | TradeSmart | Groww | ProStocks |
|---|---|---|---|
| Multiple Plans | |
 |
|
| Monthly Plans | |
|
|
| Yearly Plans | |
|
|
| Zerodha | Zerodha | ProStocks | |
|---|---|---|---|
| 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.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
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 | Groww | ProStocks |
|---|---|---|---|
| Plan Name | Flat Fee Rs 15 Trading Plan (Power Plan) | Flat Brokerage Plan | Flat Fee Rs 15 Trading Plan |
| Equity Delivery | Flat Fee Rs 15 | 0.05% or Rs 20 whichever is lower | Free |
| Equity Intraday | Flat Fee Rs 15 | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 15 |
| Equity Futures | Flat Fee Rs 15 | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Equity Options | Flat Fee Rs 15 | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Currency Futures | Flat Fee Rs 15 | Not Available | Flat Fee Rs 15 |
| Currency Options | Flat Fee Rs 15 | Not Available | Flat Fee Rs 15 |
| Commodity Trading | Flat Fee Rs 15 | Not Available | NA |
| Minimum Brokerage | NA | ||
| Hidden Charges | No | Info Not Available | |
| Funding | No | Info Not Available | No |
| Call & Trade Charges | Rs 20 per executed Order | Rs 50 Per Executable 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 Executable Order | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
| Brokerage Calculator | Brokerage Calculator for TradeSmart | Brokerage Calculator for Groww | Brokerage Calculator for ProStocks |
Compare TradeSmart vs Groww vs ProStocks on transaction charges and PCM fee by segment.
| Transaction Charges Compare | TradeSmart | Groww | ProStocks |
|---|---|---|---|
| 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 groww | Complete Brokerage Plans for prostocks |
Compare TradeSmart vs Groww 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 - Groww offers margin funding where TradeSmart and ProStocks doesn't offers margin funding. NRI Trading - ProStocks offers NRI Trading where TradeSmart and Groww doesn't offers NRI Trading.
| Account Features Compare | TradeSmart | Groww | ProStocks |
|---|---|---|---|
| 3 in 1 Account | |
|
|
| Charting | |
|
|
| Algo Trading | |
|
|
| SMS Alerts | |
|
|
| Online Demo | |
|
|
| Online Portfolio | |
|
|
| Margin Trading Funding Available | |
|
|
| Combined Ledger for Equity and Commodity | |
|
|
| Intraday Square-off Time | 3:15PM | 3:10 PM | 3:15PM |
| NRI Trading | |
|
|
| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart vs Groww 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 | Groww | ProStocks |
|---|---|---|---|
| Desktop Trading Platform | NEST Trader & Fox Trader | Groww App | Star ProStocks |
| Desktop Demo | Desktop Demo | Info Not Available | Info Not Available |
| Desktop Platform (Windows) | |
|
|
| Desktop Platform (Mac) | |
|
|
| Web Trading Platform | |
|
|
| Web Trading Detail |
https://sine.tradesmartonline.in/userMaster/login |
Yes |
https://www.prostocksweb.com/ |
| Web Trading Demo | Web Trading Demo | Info Not Available | Info Not Available |
| Mobile Site | |
|
|
| Mobile Trading | |
|
|
| Mobile Trading App | Sine | Groww App | Star ProStocks |
| Mobile Trading App Demo | Sine Demo | Info Not Available | Info Not Available |
| Android Mobile App | |
|
|
| Android App Download | Andriod Sine Download | Andriod Groww App Download | Andriod Download |
| iPhone Mobile App (IOS) | |
|
|
| iOS App Download | iOS Sine Download | iOS Groww App Download | iOS Star ProStocks Download |
| Android Tablet App | |
|
|
| iPad App (IOS) | |
|
|
| Trading Software Charges | Free | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for TradeSmart | Equity Intraday and Delivery Brokerage Calculator for Groww | Equity Intraday and Delivery Brokerage Calculator for ProStocks |
| Futures Brokerage Calculator | Futures Brokerage Calculator for TradeSmart | Futures Brokerage Calculator for Groww | Futures Brokerage Calculator for ProStocks |
| Options Brokerage Calculator | Options Brokerage Calculator for TradeSmart | Options Brokerage Calculator for Groww | Options Brokerage Calculator for ProStocks |
| Detail | Detail on Trading Platforms for trade-smart-online | Detail on Trading Platforms for groww | Detail on Trading Platforms for prostocks |
| TradeSmart | Groww | ProStocks | ||
|---|---|---|---|---|
34 Customer Reviews
 |
8 Customer Reviews
|
4 Customer Reviews
|
||
| Fees Ratings | ||||
| Trading Brokerage Rating | ||||
| Trading Platform Usability | ||||
| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | TradeSmart is Rated 4.0 / 5 based on 34 customer reviews | Groww is Rated 4.3 / 5 based on 8 customer reviews | ProStocks is Rated 4.5 / 5 based on 4 customer reviews |
Compare TradeSmart vs Groww 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 offers Commodity Trading where Groww and ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Groww 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 | Groww | ProStocks |
|---|---|---|---|
| Equity Cash and F&O | |
|
|
| Currency Deravitives | |
|
|
| Commodity | |
|
|
| Online IPO Application | |
|
|
| Mutual Funds | |
|
|
| Bond / NCD | |
|
|
| ETF | |
|
|
| Banking | |
|
|
| Insurance | |
|
|
| Forex | |
|
|
| MF SIP Investment | |
|
|
| Equity SIP Investment | |
|
|
| PMS Service | |
|
|
| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare TradeSmart vs Groww 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) - TradeSmart and ProStocks provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - TradeSmart and ProStocks provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - TradeSmart and ProStocks AMO facility where Groww doesn't provides AMO. GTC Orders - ProStocks offers Good Till Cancelled (GTC) orders facility where TradeSmart and Groww doesn't provides GTC.
| Order Type Compare | TradeSmart | Groww | ProStocks |
|---|---|---|---|
| CNC order | |
|
|
| MIS order | |
|
|
| NRML order | |
|
|
| Cover order | |
|
|
| Bracket order | |
|
|
| AMO-After Market Orders | |
|
|
| GTC-Good Till Cancelled | |
|
|
Compare TradeSmart vs Groww 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 | Groww | ProStocks |
|---|---|---|---|
| 24/7 Customer Service | |
|
|
| Email Support | |
|
|
| Onine Live Chat | |
|
|
| Phone Support | |
|
|
| Toll Free Number | |
|
|
| Through Branches | |
|
|
| Customer Care Number | 022 61208000 | 9108800604 | +91-2262-434343 |
| Account Opening Process | Online/Paperless | Online | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://help.tradesmartonline.in/ | https://groww.in/academy | 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 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 | Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063 |
| Website | https://tradesmartonline.in/ | https://groww.in/ | https://www.prostocks.com |
Compare TradeSmart vs Groww vs ProStocks on research reports and tips provided by broker.
| TradeSmart | Groww | ProStocks | |
|---|---|---|---|
| Research Mutual Funds | |
|
|
| Research Equity Reports | |
|
|
| Research ETF | |
|
|
| Daily Market Report | |
|
|
| Free Tips | |
|
|
| Quarterly Result Analysis | |
|
|
| News Alerts | |
|
|
Compare TradeSmart vs Groww vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details
| TradeSmart | Groww | ProStocks | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 30400 | No | 83200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | Zero | Free (₹1000 Refundable Deposit) |
| Advance Deposit | NIL | Nil | 1000/- Refundable Deposit against charges |
| Statutory charges | Nil | Legal Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹25 | ₹8 + ₹5.50 CDSL charges | ₹20 per ISIN |
| Demat | ₹500 per certificate (Min ₹500 per request) | ₹150 per certificate + courier charges | ₹50 per set up + ₹50 courier charges |
| Remat | ₹500 per certificate (Min ₹500 per request) | ₹150 per certificate + courier charges | ₹50 per set up + ₹50 courier charges |
| Pledge Creation | ₹200 per script ₹50 for trading margin each side |
₹20 + Rs. 12 per request (CDSL Charges) | ₹50 |
| Pledge Creation Confirmation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Closure | ₹200 per script | ₹20 + Rs. 12 per request (CDSL Charges) | ₹50 |
| Pledge Closure Confirmation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Invocation | ₹200 per script | ₹20 + Rs. 12 per request (CDSL Charges) | ₹50 |
| Failed Instruction Charges | Nil | ₹50 | ₹50 per transaction |
| Other Charges | Nil | Nil | Nil |
Compare TradeSmart vs Groww vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| TradeSmart | Groww | ProStocks | |
|---|---|---|---|
| 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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww 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. | Max 24 hrs except 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. | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. | 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 |
Info Not Available | SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060 |
| Likes |
Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
|
|
|
| Dislikes |
There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
|
|
|
| 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 Groww | Enquire for ProStocks |
Last Updated on 2023-09-01T03:17:59+00:00
