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India Infoline (IIFL) Vs Trade Smart Online - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)


India Infoline Limited Trade Smart Online
Standard Plan Power Plan (₹15/Order) Value Plan Infinity Plan (Unlimited Trading)
Trading Account Opening Fee ₹750 ₹200 ₹200 ₹200
Trading Account AMC ₹0 ₹0 ₹0 ₹0
Demat Account Opening Fee ₹555 ₹200 ₹200 ₹200
Demat Account AMC * ₹300 ₹300 ₹300 ₹300

Brokerage Charges

Compare the commission charged by the brokers for the trades executed


India Infoline Limited Trade Smart Online
Standard Plan Power Plan (₹15/Order) Value Plan Infinity Plan (Unlimited Trading)
Monthly Fee NA NA NA ₹3999 (unlimited equity and F&O trading)

₹1999 (unlimited currency trading)

₹3999 (unlimited commodity trading)
Equity Delivery 0.50% ₹15 0.01% ₹0
Equity Intraday 0.05% ₹15 0.01% ₹0
Equity Future 0.05% ₹15 0.01% ₹0
Equity Options 1% of premium or ₹100 per lot
(whichever is high)
₹15 ₹7 per lot ₹0
Currency Futures 0.05% ₹15 0.01% ₹0
Currency Options 1% of premium or ₹100 per lot
(whichever is high)
₹15 ₹7 per lot ₹0
Commodity 0.05% ₹15 0.01% ₹0

Transaction Charges (Per Crore)

Compare Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)


India Infoline Limited Trade Smart Online
Standard Plan Power Plan (₹15/Order) Value Plan Infinity Plan (Unlimited Trading)
Equity Delivery ₹325 ₹350 ₹350 ₹350
Equity Intraday ₹325 ₹350 ₹350 ₹350
Equity Future * ₹210 ₹240 ₹240 ₹240
Equity Options * ₹5100 ₹7150 ₹7150 ₹7150
Currency Futures * ₹210 ₹165 ₹165 ₹165
Currency Options ₹5100 ₹6000 ₹6000 ₹6000

Other Charges

Compare miscellaneous charges, minimum fees and add-on service rates.


India Infoline Limited Trade Smart Online
Standard Plan Power Plan (₹15/Order) Value Plan Infinity Plan (Unlimited Trading)
Minimum Brokerage ₹0.05 per share ₹15 ₹15 ₹15
Call & Trade - Rs 20 per executed order Rs 20 per executed order Rs 20 per executed order
Stamp Duty * Charges as per the state of residence Tamil Nadu 0.006% | Other States 0.002% (Eq Intraday, Futures, Options and Currencies) and 0.01% (Eq Delivery) Tamil Nadu 0.006% | Other States 0.002% (Eq Intraday, Futures, Options and Currencies) and 0.01% (Eq Delivery) Tamil Nadu 0.006% | Other States 0.002% (Eq Intraday, Futures, Options and Currencies) and 0.01% (Eq Delivery)
DP Charges (on sell side) 0.04% (minimum ₹25 per debit transaction) Rs 15 per script Rs 15 per script Rs 15 per script
Other Miscellaneous Charges - - - -

Features

Compare key features offered the brokers.


India Infoline Limited Trade Smart Online
Standard Plan Power Plan (₹15/Order) Value Plan Infinity Plan (Unlimited Trading)
Trading Platform Trader terminal NEST, NOW NEST, NOW NEST, NOW

Demat Account Charges

Find charges for the best Demat Account for small investors


India Infoline Limited Trade Smart Online
Standard Plan Power Plan (₹15/Order) Value Plan Infinity Plan (Unlimited Trading)
Depository Service Provider CDSL CDSL CDSL CDSL
Account Opening Fee

Nil

Nil

Nil

Nil

Advance Deposite

Nil

Nil

Nil

Nil

AMC

₹400 + GST

Individual Account: ₹300 per year

Corporate Account: ₹800 per year

Individual Account: ₹300 per year

Corporate Account: ₹800 per year

Individual Account: ₹300 per year

Corporate Account: ₹800 per year

Dematerialisation Charges

₹15 per certificate + ₹40 as postal charges

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

Rematerialisation Charges

₹15 per certificate or ₹15 for every 100 securities or part thereof whichever is higher + ₹40 for courier

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request./p>

₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.

Transaction Charges (Credit) - - - -
Transaction Charges (debit)

0.04% of the value of the transaction, subject to min ₹25 per instruction

₹25 minimum or 0.02% which ever is higher. In case of BSDA ₹50 or 0.02% whichever is higher.

₹25 minimum or 0.02% which ever is higher. In case of BSDA ₹50 or 0.02% whichever is higher.

₹25 minimum or 0.02% which ever is higher. In case of BSDA ₹50 or 0.02% whichever is higher.

Pledge Creation Charges

₹50

₹200 per scrip

₹200 per scrip

₹200 per scrip

Pledge Creation Confirmation Charges

Nil

Nil

Nil

Nil

Pledge Invocation Charges

Nil

₹200 minimum or 0.01% which ever is higher

₹200 minimum or 0.01% which ever is higher

₹200 minimum or 0.01% which ever is higher

Failed Instruction Charges

Nil

Nil

Nil

Nil

Other Charges

Nil

Late instruction: 0.1% scrip value

Physical transaction statement: ₹50 per BO statement plus courier charges

Late instruction: 0.1% scrip value

Physical transaction statement: ₹50 per BO statement plus courier charges

Late instruction: 0.1% scrip value

Physical transaction statement: ₹50 per BO statement plus courier charges

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FAQs

No, there is no minimum balance / margin requirement while opening trading account with ProStocks. You only need to pay Rs 1000 as refundable deposit for demat account.  Later on, you can transfer funds as per your trading requirements.

We are charging .01% or Max Rs 50 per day as stamp duty except clients with Maharashtra address. Maharashtra clients pay .01% for Delivery and .002% for Intraday, Equity F&O and Currency Derivatives.