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FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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The brokerage of ProStocks ranges between Rs 15, the brokerage of TradeSmart ranges between Rs 15, while the brokerage of Fyers ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for ProStocks is 4, TradeSmart is rated 4, Fyers is rated 4 out of 5.
Here we present side-by-side comparison of ProStocks vs TradeSmart vs Fyers 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 Fyers 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 Fyers in this setion with 360 degree view of broker information.
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | NSE, BSE | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| 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...  |
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. | Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i... |
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In this section we have compared ProStocks vs TradeSmart vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks and Fyers 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 Fyers charges Free AMC for Demat account.
| Charges | ProStocks | TradeSmart | Fyers |
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| 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 | Free |
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Plans are the most important feature you look when compare ProStocks vs TradeSmart vs Fyers. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks and TradeSmart offers Multiple Plans where Fyers doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where TradeSmart and Fyers doesn't offer.
| Plan Types | ProStocks | TradeSmart | Fyers |
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| Zerodha | Fyers | ProStocks | |
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| Account Opening Request |
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.
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
| Brokerage Charges Compare | ProStocks | TradeSmart | Fyers |
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| Plan Name | Flat Fee Rs 15 Trading Plan | Flat Fee Rs 15 Trading Plan (Power Plan) | Max Rs 20 Per Order Trading Plan |
| Equity Delivery | Free | Flat Fee Rs 15 | Free |
| Equity Intraday | Flat Fee Rs 15 | Flat Fee Rs 15 | 0.03% or Rs 20 whichever is lower |
| Equity Futures | Flat Fee Rs 15 | Flat Fee Rs 15 | 0.03% or Rs 20 whichever is lower |
| Equity Options | Flat Fee Rs 15 | Flat Fee Rs 15 | Flat Fee Rs 20 |
| Currency Futures | Flat Fee Rs 15 | Flat Fee Rs 15 | 0.03% or Rs 20 whichever is lower |
| Currency Options | Flat Fee Rs 15 | Flat Fee Rs 15 | Flat Fee Rs 20 |
| Commodity Trading | NA | Flat Fee Rs 15 | Flat Fee Rs 20 |
| Minimum Brokerage | 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 |
| 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 |
| Brokerage Calculator | Brokerage Calculator for ProStocks | Brokerage Calculator for TradeSmart | Brokerage Calculator for Fyers |
Compare ProStocks vs TradeSmart vs Fyers on transaction charges and PCM fee by segment.
| Transaction Charges Compare | ProStocks | TradeSmart | Fyers |
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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 | NA | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for prostocks | Complete Brokerage Plans for trade-smart-online | Complete Brokerage Plans for fyers |
Compare ProStocks vs TradeSmart vs Fyers 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 | ProStocks | TradeSmart | Fyers |
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| 3 in 1 Account | |
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| Algo Trading | |
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| SMS Alerts | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | Fyers 30 Day Challenge |
With our expert research team, we have compared all the major features of Trading platform b/w ProStocks vs TradeSmart vs Fyers. 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.
| ProStocks | TradeSmart | Fyers | ||
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20 Customer Reviews
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34 Customer Reviews
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11 Customer Reviews
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| 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 | Fyers is Rated 3.2 / 5 based on 11 customer reviews |
Compare ProStocks vs TradeSmart vs Fyers 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 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 | TradeSmart | Fyers |
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| Other Investment Options | NIL | NIL | NIL |
Compare ProStocks vs TradeSmart vs Fyers 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 | ProStocks | TradeSmart | Fyers |
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| Customer Care Number | +91-2262-434343 | 022 61208000 | 08060001111 |
| Account Opening Process | Online/Paperless | Online/Paperless | 100% online and paperless proc |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.prostocks.com/faq.html | https://help.tradesmartonline.in/ | https://fyers.in/school-of-stocks/ |
| 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 |
Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009 |
| Website | https://www.prostocks.com | https://tradesmartonline.in/ | https://fyers.in/ |
Compare ProStocks vs TradeSmart vs Fyers on research reports and tips provided by broker.
| ProStocks | TradeSmart | Fyers | |
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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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Compare ProStocks vs TradeSmart vs Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details
| ProStocks | TradeSmart | Fyers | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 83200 | 30400 | 89400 |
| Demat Account Annual Maintenance Charges(AMC) | Free (₹1000 Refundable Deposit) | ₹300 pa | Free |
| Advance Deposit | 1000/- Refundable Deposit against charges | NIL | Nil |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹20 per ISIN | ₹25 | ₹7 + ₹5.50 (CDSL Charges) per transaction |
| Demat | ₹50 per set up + ₹50 courier charges | ₹500 per certificate (Min ₹500 per request) | ₹0 |
| Remat | ₹50 per set up + ₹50 courier charges | ₹500 per certificate (Min ₹500 per request) | ₹0 |
| Pledge Creation | ₹50 | ₹200 per script ₹50 for trading margin each side |
Nil |
| Pledge Creation Confirmation | Nil | Nil | Nil |
| Pledge Closure | ₹50 | ₹200 per script | Nil |
| Pledge Closure Confirmation | Nil | Nil | Nil |
| Pledge Invocation | ₹50 | ₹200 per script | Nil |
| Failed Instruction Charges | ₹50 per transaction | Nil | Nil |
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Compare ProStocks vs TradeSmart vs Fyers on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| ProStocks | TradeSmart | Fyers | |
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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 | 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 Fyers |
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