Trade Smart Online Vs SMC Global - Broker Comparison

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Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

	Power Plan (₹15/Order)	Value Plan	Infinity Plan (Unlimited Trading)	SMC Global Limited
	Trade Smart Online			SMC Global Limited
Trading Account Opening Fee	₹200	₹200	₹200	₹1000
Trading Account AMC	₹0	₹0	₹0	₹0
Demat Account Opening Fee	₹200	₹200	₹200	₹0
Demat Account AMC *	₹300	₹300	₹300	₹300

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

	Power Plan (₹15/Order)	Value Plan	Infinity Plan (Unlimited Trading)	SMC Global Limited
	Trade Smart Online			SMC Global Limited
Monthly Fee	NA	NA	₹3999 (unlimited equity and F&O trading) ₹1999 (unlimited currency trading) ₹3999 (unlimited commodity trading)	NA
Equity Delivery	₹15	0.01%	₹0	0.30%
Equity Intraday	₹15	0.01%	₹0	0.03%
Equity Future	₹15	0.01%	₹0	0.03%
Equity Options	₹15	₹7 per lot	₹0	₹70 per lot
Currency Futures	₹15	0.01%	₹0	0.03%
Currency Options	₹15	₹7 per lot	₹0	₹20 per lot
Commodity	₹15	0.01%	₹0	0.03%

Transaction Charges (Per Crore)

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

	Power Plan (₹15/Order)	Value Plan	Infinity Plan (Unlimited Trading)	SMC Global Limited
	Trade Smart Online			SMC Global Limited
Equity Delivery	₹350	₹350	₹350	₹350
Equity Intraday	₹350	₹350	₹350	₹350
Equity Future *	₹240	₹240	₹240	₹290
Equity Options *	₹7150	₹7150	₹7150	₹6500
Currency Futures *	₹165	₹165	₹165	₹290
Currency Options	₹6000	₹6000	₹6000	₹6500

Other Charges

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

	Power Plan (₹15/Order)	Value Plan	Infinity Plan (Unlimited Trading)	SMC Global Limited
	Trade Smart Online			SMC Global Limited
Minimum Brokerage	₹15	₹15	₹15	₹25 per trade or 2.5% of the trade value whichever is lower
Call & Trade	Rs 20 per executed order	Rs 20 per executed order	Rs 20 per executed order	-
DP Charges (on sell side)	Rs 15 per script	Rs 15 per script	Rs 15 per script	₹15 per scrip
Other Miscellaneous Charges	-	-	-	-

Demat Account Charges

Find charges for the best Demat Account for small investors

	Power Plan (₹15/Order)	Value Plan	Infinity Plan (Unlimited Trading)	SMC Global Limited
	Trade Smart Online			SMC Global Limited
Depository Service Provider	CDSL	CDSL	CDSL	CDSL
Account Opening Fee	Nil	Nil	Nil	Nil.
Advance Deposite	Nil	Nil	Nil	-
AMC	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	₹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	₹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.	Extra (₹25 for Local & ₹40 for outstation courier)
Rematerialisation 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.	₹25 (For one certificate/100 shares) Courier Charges Extra(₹25 for Local & ₹40 for outstation courier)
Transaction Charges (Credit)	-	-	-	-
Transaction Charges (debit)	₹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.	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	₹200 per scrip	₹200 per scrip	₹200 per scrip	₹60
Pledge Creation Confirmation Charges	Nil	Nil	Nil	₹60
Pledge Invocation Charges	₹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	₹30
Failed Instruction Charges	Nil	Nil	Nil	₹20 per instruction
Other 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	Late instruction: 0.1% scrip value Physical transaction statement: ₹50 per BO statement plus courier 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.

	Power Plan (₹15/Order)	Value Plan	Infinity Plan (Unlimited Trading)	SMC Global Limited
	Trade Smart Online			SMC Global Limited
Trading Platform	NEST, NOW	NEST, NOW	NEST, NOW	ODIN

ProStocks Vs

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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

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