Compare Brokers

At ProStocks, Real Value Is More than Rs 15 Trades, Compare Brokers and See for Yourself

Kotak Securities Vs SMC Global - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

Kotak Securities Ltd SMC Global Limited
Fixed Brokerage Plan Dynamic Brokerage Plan SMC Global Limited
Trading Account Opening Fee ₹750 ₹750 ₹1000
Trading Account AMC ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0
Demat Account AMC * ₹600 ₹600 ₹300

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Kotak Securities Ltd SMC Global Limited
Fixed Brokerage Plan Dynamic Brokerage Plan SMC Global Limited
Monthly Fee NA NA NA
Equity Delivery 0.49% 0.59% to 0.30% 0.30%
Equity Intraday 0.05% 0.06% to 0.05% 0.03%
Equity Future 0.05% 0.07% to 0.05% 0.03%
Equity Options ₹300 2.5% to 1.8% ₹70 per lot
Currency Futures - 0.04% or ₹20 per lot 0.03%
Currency Options - ₹20 to ₹7.5 per lot ₹20 per lot
Commodity 0.07% - 0.03%

Transaction Charges (Per Crore)

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

Kotak Securities Ltd SMC Global Limited
Fixed Brokerage Plan Dynamic Brokerage Plan SMC Global Limited
Equity Delivery - - ₹350
Equity Intraday - - ₹350
Equity Future * - - ₹290
Equity Options * - - ₹6500
Currency Futures * - - ₹290
Currency Options - - ₹6500

Other Charges

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

Kotak Securities Ltd SMC Global Limited
Fixed Brokerage Plan Dynamic Brokerage Plan SMC Global Limited
Minimum Brokerage 4 paise for delivery,
3 paise for intraday and futures orders 		4 paise for delivery,
3 paise for intraday and futures orders 		₹25 per trade or 2.5% of the trade value whichever is lower
Call & Trade ₹20 per call after first 20 free calls ₹20 per call after first 20 free calls -
DP Charges (on sell side) 0.04% of transaction value (minimum Rs 27) 0.04% of transaction value (minimum Rs 27) ₹15 per scrip
Other Miscellaneous Charges - - -

Demat Account Charges

Find charges for the best Demat Account for small investors

Kotak Securities Ltd SMC Global Limited
Fixed Brokerage Plan Dynamic Brokerage Plan SMC Global Limited
Depository Service Provider CDSL CDSL CDSL
Account Opening Fee

Nil

Nil

Nil.
Advance Deposite

Nil

Nil

 -
AMC

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )

₹5 Per Certificate (₹30 for 1st Certificate) Courier Charges

Individual Client

General AMC Scheme: ₹300 P.A. (POA Clients), ₹350 P.A. (Non POA Clients)

Onetime Yearly AMC Scheme: ₹1000 P.A.(POA Clients), ₹1300 P.A. (Non POA Clients)

No AMC Scheme: ₹3000 Refundable Deposit

Corporate Clients: ₹1000 P.A.
Dematerialisation Charges

₹3 per certificate plus ₹50 per request

₹3 per certificate plus ₹50 per request

 Extra (₹25 for Local & ₹40 for outstation courier)
Rematerialisation Charges

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)

₹25 (For one certificate/100 shares) Courier Charges Extra(₹25 for Local & ₹40 for outstation courier)
Transaction Charges (Credit) - - -
Transaction Charges (debit)

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).

On Maket Transaction: ₹15 (POA Clients), ₹20 (Non POA clients)

Off Market Instruction: 0.03% (subject to Min. ₹20 & Max. ₹50 Charges Per instruction)
Pledge Creation Charges

0.05% of the value of securities Minimum ₹30

0.05% of the value of securities Minimum ₹30

₹60

Pledge Creation Confirmation Charges

0.05% of the value of securities Minimum ₹30

0.05% of the value of securities Minimum ₹30

₹60

Pledge Invocation Charges

0.05% of the value of securities Minimum ₹30

0.05% of the value of securities Minimum ₹30

₹30

Failed Instruction Charges

Nil

Nil

₹20 per instruction
Other Charges - -

AMC charged yearly in advance.

DIS Book Charges: ₹30 (20 leafs)

Client Modification Charges: ₹25

Security deposit for CDSL 'easiest' facility (optional) is ₹2,500

Features

Compare key features offered the brokers.

Kotak Securities Ltd SMC Global Limited
Fixed Brokerage Plan Dynamic Brokerage Plan SMC Global Limited
Trading Platform KEATProX, FASTLANE KEATProX, FASTLANE ODIN

ProStocks Vs

Compare Top Share Brokers

FAQs

Do I need to maintain any minimum balance in my ProStocks Trading Account?

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.

How much stamp duty I have to pay as a Maharashtra or a Rajasthan client?

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

Stamp Duty regulation has changed from 1st July 2020

Read more for RECENT STAMP DUTY RELATED CHANGES