FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
The brokerage of TradeSmart ranges between Rs 15, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of ProStocks ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for TradeSmart is 4, Nuvama Wealth is rated 3.5, ProStocks is rated 4 out of 5.
Here we present side-by-side comparison of TradeSmart vs Nuvama Wealth 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 Nuvama Wealth 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 Nuvama Wealth vs ProStocks in this setion with 360 degree view of broker information.
In this section we have compared TradeSmart vs Nuvama Wealth vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth 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, Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
Charges | TradeSmart | Nuvama Wealth | 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 | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] | Rs 0 (Rs 1000 Refundable Deposit) |
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Plans are the most important feature you look when compare TradeSmart vs Nuvama Wealth vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers offers Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - ProStocks offers Monthy Plans where TradeSmart and Nuvama Wealth doesn't offer.
Plan Types | TradeSmart | Nuvama Wealth | ProStocks |
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Multiple Plans | ![]() |
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Monthly Plans | ![]() |
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Yearly Plans | ![]() |
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Zerodha | Nuvama Wealth | 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.
Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.
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 | Nuvama Wealth | ProStocks |
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Plan Name | Flat Fee Rs 15 Trading Plan (Power Plan) | Nuvama Lite | Flat Fee Rs 15 Trading Plan |
Equity Delivery | Flat Fee Rs 15 | Flat Rs. 10 per executed order | Free |
Equity Intraday | Flat Fee Rs 15 | Flat Rs. 10 per executed order | Flat Fee Rs 15 |
Equity Futures | Flat Fee Rs 15 | Flat Rs. 10 per executed order | Flat Fee Rs 15 |
Equity Options | Flat Fee Rs 15 | Flat Rs. 10 per executed order | Flat Fee Rs 15 |
Currency Futures | Flat Fee Rs 15 | Flat Rs. 10 per executed order | Flat Fee Rs 15 |
Currency Options | Flat Fee Rs 15 | Flat Rs. 10 per executed order | Flat Fee Rs 15 |
Commodity Trading | Flat Fee Rs 15 | 0.01% | NA |
Minimum Brokerage | NA | ||
Hidden Charges | No | Info Not Available | |
Funding | No | Yes - 24% interest PA | No |
Call & Trade Charges | Rs 20 per executed Order | Rs 20 per call | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
Auto Square off Charges | Rs 20 per executed Order | Rs 20 | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
Brokerage Calculator | Brokerage Calculator for TradeSmart | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for ProStocks |
Compare TradeSmart vs Nuvama Wealth vs ProStocks on transaction charges and PCM fee by segment.
Transaction Charges Compare | TradeSmart | Nuvama Wealth | 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 | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | NA |
Brokerage Charges | Complete Brokerage Plans for trade-smart-online | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for prostocks |
Compare TradeSmart vs Nuvama Wealth 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 - Nuvama Wealth offers margin funding where TradeSmart and ProStocks doesn't offers margin funding. NRI Trading - Nuvama Wealth and ProStocks offers NRI Trading where TradeSmart doesn't offers NRI Trading.
Account Features Compare | TradeSmart | Nuvama Wealth | 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 | 3:15PM | 3:15PM |
NRI Trading | ![]() |
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Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart vs Nuvama Wealth 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 | Nuvama Wealth | ProStocks |
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Desktop Trading Platform | NEST Trader & Fox Trader | Xtreme Trader | 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 |
https://tlounge.edelweiss.in/Login |
https://www.prostocksweb.com/ |
Web Trading Demo | Web Trading Demo | Info Not Available | Info Not Available |
Mobile Site | ![]() |
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Mobile Trading | ![]() |
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Mobile Trading App | Sine | Nuvama Mobile Trader | Star ProStocks |
Mobile Trading App Demo | Sine Demo | Nuvama Mobile Trader Demo | Info Not Available |
Android Mobile App | ![]() |
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Android App Download | Andriod Sine Download | Andriod Nuvama Mobile Trader Download | Andriod Download |
iPhone Mobile App (IOS) | ![]() |
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iOS App Download | iOS Sine Download | iOS Nuvama Mobile Trader 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 Nuvama Wealth | Equity Intraday and Delivery Brokerage Calculator for ProStocks |
Futures Brokerage Calculator | Futures Brokerage Calculator for TradeSmart | Futures Brokerage Calculator for Nuvama Wealth | Futures Brokerage Calculator for ProStocks |
Options Brokerage Calculator | Options Brokerage Calculator for TradeSmart | Options Brokerage Calculator for Nuvama Wealth | Options Brokerage Calculator for ProStocks |
Detail | Detail on Trading Platforms for trade-smart-online | Detail on Trading Platforms for nuvama-wealth | Detail on Trading Platforms for prostocks |
Compare TradeSmart vs Nuvama Wealth 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 Nuvama Wealth offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Nuvama Wealth offers online mutual fund investment where TradeSmart and ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where TradeSmart and ProStocks doesn't offers PMS facility.
Investment Offerings Compare | TradeSmart | Nuvama Wealth | 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 Nuvama Wealth 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) - TradeSmart and ProStocks provides Bracket Orders (BO) facility where Nuvama Wealth doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - ProStocks offers Good Till Cancelled (GTC) orders facility where TradeSmart and Nuvama Wealth doesn't provides GTC.
Order Type Compare | TradeSmart | Nuvama Wealth | 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 Nuvama Wealth 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 | Nuvama Wealth | 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 | 1800 102 3335 | +91-2262-434343 |
Account Opening Process | Online/Paperless | Online/Paperless | Online/Paperless |
Customer Support Email | [email protected] | [email protected] | [email protected] |
Knowledge Center/Education | https://help.tradesmartonline.in/ | https://www.nuvamawealth.com/investology | 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 |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063 |
Website | https://tradesmartonline.in/ | https://www.nuvamawealth.com/ | https://www.prostocks.com |
Compare TradeSmart vs Nuvama Wealth vs ProStocks on research reports and tips provided by broker.
TradeSmart | Nuvama Wealth | 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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Free Tips | ![]() |
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Quarterly Result Analysis | ![]() |
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News Alerts | ![]() |
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Compare TradeSmart vs Nuvama Wealth vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details
TradeSmart | Nuvama Wealth | ProStocks | |
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DP Source | CDSL | CDSL | CDSL |
DP ID | 30400 | 19100 | 83200 |
Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | Free (₹1500 one time charges) | 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 | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹20 per ISIN |
Demat | ₹500 per certificate (Min ₹500 per request) | ₹2 per certificate + ₹30 courier charges | ₹50 per set up + ₹50 courier charges |
Remat | ₹500 per certificate (Min ₹500 per request) | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹50 per set up + ₹50 courier charges |
Pledge Creation | ₹200 per script ₹50 for trading margin each side |
0.02% of transaction value (Min ₹50) | ₹50 |
Pledge Creation Confirmation | Nil | Nil | Nil |
Pledge Closure | ₹200 per script | 0.02% of transaction value (Min ₹50) | ₹50 |
Pledge Closure Confirmation | Nil | Nil | Nil |
Pledge Invocation | ₹200 per script | 0.02% of transaction value (Min ₹50) | ₹50 |
Failed Instruction Charges | Nil | Nil | ₹50 per transaction |
Other Charges | Nil | Nil | Nil |
Compare TradeSmart vs Nuvama Wealth vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
TradeSmart | Nuvama Wealth | 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 Terminal X3,Nuvama Web,Mobile Trader. 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. | Upto 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. | Info Not Available | 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 |
Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
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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Dislikes |
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 Nuvama Wealth | Enquire for ProStocks |
Last Updated on 2023-09-01T03:17:59+00:00