FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

ProStocks Vs TradeSmart Vs Alice Blue: Which one is better?

The brokerage of ProStocks ranges between Rs 15, the brokerage of TradeSmart ranges between Rs 15, while the brokerage of Alice Blue ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for ProStocks is 4, TradeSmart is rated 4, Alice Blue is rated 4 out of 5.

Here we present side-by-side comparison of ProStocks vs TradeSmart vs Alice Blue stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ProStocks vs TradeSmart vs Alice Blue 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 ProStocks vs TradeSmart vs Alice Blue in this setion with 360 degree view of broker information.

Compare ProStocks vs TradeSmart vs Alice Blue on Service

  ProStocks Compare
ProStocks
TradeSmart Compare
TradeSmart
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview 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... Know more about ProStocks 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. Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry Request call back from Zerodha Request call back from Alice Blue Request call back from ProStocks
Expand

Account Opening Charges and AMC

Compare ProStocks vs TradeSmart vs Alice Blue on Trading & Demat Account Opening Charges

In this section we have compared ProStocks vs TradeSmart vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks and Alice Blue offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) as AMC for Demat account, TradeSmart charges Rs 300 PA AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ProStocks vs TradeSmart vs Alice Blue
Charges ProStocks TradeSmart Alice Blue
Trading Account Opening Fees Free Rs 200 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Rs 200 Free
Demat AMC Rs 0 (Rs 1000 Refundable Deposit) Rs 300 PA Rs 400 PA
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare ProStocks vs TradeSmart vs Alice Blue on Plan Options

Plans are the most important feature you look when compare ProStocks vs TradeSmart vs Alice Blue. 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 Alice Blue doesn't offer.

Compare ProStocks vs TradeSmart vs Alice Blue on Plan Options
Plan Types ProStocks TradeSmart Alice Blue
Multiple Plans Yes Yes Yes
Monthly Plans Yes No No
Yearly Plans Yes No No
Expand

Account Opening Request

Account Opening

  Zerodha Alice Blue ProStocks
Account Opening Request
Expand

Brokerage Charges

Compare ProStocks vs TradeSmart vs Alice Blueon Brokerage Charges

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.

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.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare ProStocks vs TradeSmart vs Alice Blue
Brokerage Charges Compare ProStocks TradeSmart Alice Blue
Plan Name Flat Fee Rs 15 Trading Plan Flat Fee Rs 15 Trading Plan (Power Plan) F15 Plan
Equity Delivery Free Flat Fee Rs 15 Free
Equity Intraday Flat Fee Rs 15 Flat Fee Rs 15 0.05% or Rs 15 whichever is lower
Equity Futures Flat Fee Rs 15 Flat Fee Rs 15 0.05% or Rs 15 whichever is lower
Equity Options Flat Fee Rs 15 Flat Fee Rs 15 Flat Fee Rs 15
Currency Futures Flat Fee Rs 15 Flat Fee Rs 15 0.05% or Rs 15 whichever is lower
Currency Options Flat Fee Rs 15 Flat Fee Rs 15 Flat Fee Rs 15
Commodity Trading NA Flat Fee Rs 15 Flat Fee Rs 15
Minimum Brokerage NA NA
Hidden Charges No No
Call & Trade Charges Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 20 per executed Order Rs 50 per order + GST
Auto Square off Charges Delivery Rs 25, Intraday and F&O Rs 10 per executed order Rs 20 per executed Order Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for ProStocks Brokerage Calculator for TradeSmart Brokerage Calculator for Alice Blue
Expand

Share Broker's Transaction Charges

Compare ProStocks vs TradeSmart vs Alice Blue on Transaction Charges

Compare ProStocks vs TradeSmart vs Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare ProStocks vs TradeSmart vs Alice Blue
Transaction Charges Compare ProStocks TradeSmart Alice Blue
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 NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for prostocks Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for alice-blue
Expand

Account Features

Compare ProStocks vs TradeSmart vs Alice Blue on Account Features

Compare ProStocks vs TradeSmart vs Alice Blue 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 and Alice Blue offers NRI Trading where TradeSmart doesn't offers NRI Trading.

Account Features - ProStocks vs TradeSmart vs Alice Blue
Account Features Compare ProStocks TradeSmart Alice Blue
3 in 1 Account No ProStocks have 2-in-1 account. Only Demate and Trading account. No ProStocks have 2-in-1 account. Only Demate and Trading account. No Alice Blue have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes No No
Online Demo Yes Yes No
Online Portfolio No No No
Margin Trading Funding Available No No No
Combined Ledger for Equity and Commodity No Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15 PM
NRI Trading Yes No Yes
Other Features NIL NIL NIL
Expand

Trading Platform

Compare ProStocks vs TradeSmart vs Alice Blueon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ProStocks vs TradeSmart vs Alice Blue. 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 ProStocks vs TradeSmart vs Alice Blue
Trading Platform Compare ProStocks TradeSmart Alice Blue
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.prostocksweb.com/

https://sine.tradesmartonline.in/userMaster/login

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Star ProStocks Sine ANT Mobile
Mobile Trading App Demo Star ProStocks Demo Sine Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Star ProStocks Download Andriod Sine Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Star ProStocks Download iOS Sine Download iOS ANT Mobile Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ProStocks Equity Intraday and Delivery Brokerage Calculator for TradeSmart Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for ProStocks Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for ProStocks Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for prostocks Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for alice-blue

Expand

Broker Ratings by Users

Compare ProStocks vs TradeSmart vs Alice Blue on User Rating

  ProStocks TradeSmart Alice Blue
  20 Customer Reviews    Rate ProStocks 34 Customer Reviews    Rate TradeSmart 20 Customer Reviews    Rate Alice Blue
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating ProStocks is Rated 0.9 / 5 based on 20 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews Alice Blue is Rated 0.9 / 5 based on 20 customer reviews
Expand

Investment Offerings

Compare ProStocks vs TradeSmart vs Alice Blue on Investment Offerings

Compare ProStocks vs TradeSmart vs Alice Blue 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 Alice Blue offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Alice Blue offers online mutual fund investment where ProStocks and TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare ProStocks vs TradeSmart vs Alice Blue
Investment Offerings Compare ProStocks TradeSmart Alice Blue
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity No Yes Yes
Online IPO Application No No No
Mutual Funds No No Yes
Bond / NCD No No No
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex No No No
MF SIP Investment No No Yes
Equity SIP Investment No No No
PMS Service No No No
Other Investment Options NIL NIL NIL
Expand

Customer Service Offered

Compare ProStocks vs TradeSmart vs Alice Blue on Customer Service

Compare ProStocks vs TradeSmart vs Alice Blue 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 Support - Compare ProStocks vs TradeSmart vs Alice Blue
Customer Service Compare ProStocks TradeSmart Alice Blue
24/7 Customer Service No No No
Email Support Yes Yes No
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No No Yes
Customer Care Number +91-2262-434343 022 61208000 08035215000/080-45490850
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.prostocks.com/faq.html https://help.tradesmartonline.in/ https://tradeschool.aliceblueonline.com/
Head Office Address Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website https://www.prostocks.com https://tradesmartonline.in/ https://www.aliceblueonline.com
Expand

Tips/Research/Reports Published

Compare ProStocks vs TradeSmart vs Alice Blue on Research Reports, Tips

Compare ProStocks vs TradeSmart vs Alice Blue on research reports and tips provided by broker.

Research Reports - Compare ProStocks vs TradeSmart vs Alice Blue
  ProStocks TradeSmart Alice Blue
Research Mutual Funds No No No
Research Equity Reports No No No
Research ETF No No No
Daily Market Report No No Yes
Free Tips No No No
Quarterly Result Analysis No No No
News Alerts No No No
Expand

Demat Account

Compare ProStocks vs TradeSmart vs Alice Blue on Demat Account

Compare ProStocks vs TradeSmart vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ProStocks vs TradeSmart vs Alice Blue
  ProStocks TradeSmart Alice Blue
DP Source CDSL CDSL CDSL
DP ID 83200 30400 85300
Demat Account Annual Maintenance Charges(AMC) Free (₹1000 Refundable Deposit) ₹300 pa ₹400 pa
Advance Deposit 1000/- Refundable Deposit against charges NIL Rs 0
Statutory charges Nil Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹20 per ISIN ₹25 0.04% of the value of the transaction
Demat ₹50 per set up + ₹50 courier charges ₹500 per certificate (Min ₹500 per request) ₹10 per certificate + ₹50 courier charges
Remat ₹50 per set up + ₹50 courier charges ₹500 per certificate (Min ₹500 per request) ₹30 per certificate + CDSL charges
Pledge Creation ₹50 ₹200 per script
₹50 for trading margin each side
₹20 + CDSL charges
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure ₹50 ₹200 per script ₹20 + CDSL charges
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation ₹50 ₹200 per script ₹20 + CDSL charges
Failed Instruction Charges ₹50 per transaction Nil Nil
Other Charges
Expand

Special Offers,Advantages,Disadvantages

Compare ProStocks vs TradeSmart vs Alice Blue on Special Offers and Promotion

Compare ProStocks vs TradeSmart vs Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ProStocks vs TradeSmart vs Alice Blue on Special Offers and Promotion
  ProStocks TradeSmart Alice Blue
Likes
  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

Detail Review...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

Detail Review...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

Dislikes
  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

Detail Review...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

Special Offers/Promo 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. Free Account Opening, Rs 400 Waived for a limited time.
Enquire for ProStocks Enquire for TradeSmart Enquire for Alice Blue

Last Updated on