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TradeSmart Vs Groww Vs ProStocks: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “TradeSmart Vs Groww Vs ProStocks: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare tradesmart vs groww vs prostocks on service, account opening charges and amc, compare tradesmart vs groww vs prostocks on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare TradeSmart vs Groww vs ProStocks on Service
- Account Opening Charges and AMC
- Compare TradeSmart vs Groww vs ProStocks on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare TradeSmart vs Groww vs ProStocks on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare TradeSmart vs Groww vs ProStocks on Transaction Charges
- Account Features
- Compare TradeSmart vs Groww vs ProStocks on Account Features
- Trading Platform
- Compare TradeSmart vs Groww vs ProStocks on Trading Platform
- Broker Ratings by Users
- Compare TradeSmart vs Groww vs ProStocks on User Rating
- Investment Offerings
- Compare TradeSmart vs Groww vs ProStocks on Investment Offerings
- Margin Trading Facility
- Compare TradeSmart vs Groww vs ProStocks on MTF
- API
- Compare TradeSmart vs Groww vs ProStocks on API Details
- Customer Service Offered
- Compare TradeSmart vs Groww vs ProStocks on Customer Service
- Tips/Research/Reports Published
- Compare TradeSmart vs Groww vs ProStocks on Research Reports, Tips
- Demat Account
- Compare TradeSmart vs Groww vs ProStocks on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare TradeSmart vs Groww vs ProStocks on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Lowest brokerage: Trade at 15 flat brokerage fees.
- Online Direct mutual fund investment at Rs.0 brokerage.
- Low-cost trading with Rs 20 maximum brokerage charged.
- Trade or invest in NSE and BSE listed stocks and F&O
- Cheapest online trading services at 15 per order brokerage plan.
- Cheapest intraday call & trade service at just Rs. 10 per trade.
- Secure & hassle-free fund transfer via 30+ supported banks.
- It does not offer a 3-in-1 account opening facility.
- 💹 Lowest Brokerage – Flat ₹15 per Order or 0.007%
- 💹 Max ₹20 Brokerage per Order on All Trades
- 💹 Flat ₹15 Brokerage Charges per Order
- ⚡ Unlimited Trading @ ₹0 Brokerage with Monthly Plans
- Last Updated on Fri, May 8, 2026
Data Tables
| Segment |
TradeSmart |
Groww |
ProStocks |
| Trading Account Opening Fees |
Free |
Free |
Free |
| Trading AMC |
Free |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
Free |
| Demat AMC |
Rs 300 PA (Free for 1st year) |
Free |
Rs 0 (Rs 1000 Refundable Deposit) |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
TradeSmart |
Groww |
ProStocks |
| Multiple Plans |
Yes |
No |
Yes |
| Monthly Plans |
No |
No |
Yes |
| Yearly Plans |
No |
No |
Yes |
|
TradeSmart |
Groww |
ProStocks |
| Account Opening Request |
|
Link to open account |
Link to open account |
| Transaction Charges Compare |
TradeSmart |
Groww |
ProStocks |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Intraday |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
| Equity Options |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
| Currency Options |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for trade-smart-online |
Complete Brokerage Plans for groww |
Complete Brokerage Plans for prostocks |
| Account Features Compare |
TradeSmart |
Groww |
ProStocks |
| 3 in 1 Account |
No |
No |
No |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
Yes |
No |
Yes |
| SMS Alerts |
No |
No |
Yes |
| Online Demo |
Yes |
No |
Yes |
| Online Portfolio |
No |
Yes |
No |
| Margin Trading Funding Available |
No |
Yes |
No |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
No |
| Intraday Square-off Time |
3:15PM |
3:10 PM |
3:15PM |
| NRI Trading |
No |
No |
Yes |
| Other Features |
NIL |
NIL |
NIL |
| Trading Platform Compare |
TradeSmart |
Groww |
ProStocks |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
https://web.tradesmartonline.in/login |
Yes |
https://www.prostocksweb.com/ |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
TradeSmart 2.0 |
Groww App |
Star ProStocks |
| Mobile Trading App Demo |
TradeSmart 2.0 |
Groww App |
Star ProStocks |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android TradeSmart 2.0 Download |
Android Groww App Download |
Android Star ProStocks Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
Yes |
| iOS App Download |
iOS TradeSmart 2.0 Download |
iOS Groww App Download |
iOS Star ProStocks 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 TradeSmart |
Equity Intraday and Delivery Brokerage Calculator for Groww |
Equity Intraday and Delivery Brokerage Calculator for ProStocks |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for TradeSmart |
Futures Brokerage Calculator for Groww |
Futures Brokerage Calculator for ProStocks |
| Options Brokerage Calculator |
Option Brokerage Calculator for TradeSmart |
Option Brokerage Calculator for Groww |
Option Brokerage Calculator for ProStocks |
| Detail |
Detail on Trading Platforms for TradeSmart |
Detail on Trading Platforms for Groww |
Detail on Trading Platforms for ProStocks |
|
TradeSmart |
Groww |
ProStocks |
|
35 Customer reviews Rate |
14 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
3.8 |
4.2 |
0.9 |
| Trading Brokerage Rating |
4.3 |
3.6 |
0.9 |
| Trading Platform Usability |
3.7 |
3.9 |
0.9 |
| Customer Service Ratings |
4.0 |
3.4 |
0.8 |
| Overall Rating |
3.9 |
4.0 |
0.9 |
| Broker Rating |
TradeSmart is Rated 3.9 / 5 based on 35 customer reviews |
Groww is Rated 4.0 / 5 based on 14 customer reviews |
ProStocks is Rated 0.90 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
TradeSmart |
Groww |
ProStocks |
| Equity Cash and F&O |
Yes |
Yes |
Yes |
| Currency Derivatives |
Yes |
No |
Yes |
| Commodity |
Yes |
Yes |
No |
| Online IPO Application |
Yes |
Yes |
No |
| Mutual Funds |
Yes |
Yes |
No |
| Bonds / NCD |
Yes |
No |
No |
| ETF |
Yes |
Yes |
Yes |
| Banking |
No |
No |
No |
| Insurance |
No |
No |
No |
| Forex |
No |
No |
No |
| MF SIP Investment |
Yes |
Yes |
No |
| Equity SIP Investment |
No |
Yes |
No |
| PMS Service |
No |
No |
No |
| Other Investment Options |
NIL |
NIL |
NIL |
| MTF Compare |
TradeSmart |
Groww |
ProStocks |
| MTF Leverage |
Up to 4x leverage |
Upto 4x leverage with MTF |
– |
| MTF Interest Rate |
0.049% per day |
0.041% per day (14.95% per annum) |
– |
| MTF Segment |
Equity Delivery |
Equity Delivery |
– |
| MTF Pledge Charges |
₹12 per scrip |
₹20 per order |
– |
| MTF Unpledged Charges |
₹12 per scrip |
₹20 per order |
– |
| Maximum MTF Funding |
₹50 Lakh per account |
NA |
– |
| API Compare |
TradeSmart |
Groww |
ProStocks |
| API Type |
Trading API Market Data API WebSocket API Webhook API Advanced order API |
Trading APIs Portfolio API Ordering API Live Data API Smart Order API Historical Data APIs |
Trading API WebSocket API Publisher API Historical Data API |
| API Charges |
Free |
₹499/month |
Trading API + Websocket + Publisher API: ₹1,000Historical Data API: ₹1,000 |
| Customer Service Compare |
TradeSmart |
Groww |
ProStocks |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
Yes |
Yes |
No |
| Phone Support |
Yes |
Yes |
Yes |
| Toll Free Number |
No |
No |
No |
| Through Branches |
No |
No |
No |
| Customer Care Number |
022 61208000 |
9108800604 |
+91-2262-434343 |
| Account Opening Process |
Online/Paperless |
Online |
Online/Paperless |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://help.tradesmartonline.in/ |
https://groww.in/digest |
https://www.prostocks.com/faq.html |
| Head Office Address |
Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
Sunlight Broking LLP,B-50, Pravasi Industrial Estate,Goregaon (East),Mumbai – 400063 |
| Website |
https://tradesmartonline.in/ |
https://groww.in/ |
https://www.prostocks.com |
|
TradeSmart |
Groww |
ProStocks |
| Research Mutual Funds |
No |
No |
No |
| Research Equity Reports |
No |
No |
No |
| Research ETF |
No |
No |
No |
| Daily Market Report |
No |
No |
No |
| Free Tips |
No |
No |
No |
| Quarterly Result Analysis |
No |
No |
No |
| News Alerts |
No |
No |
No |
|
TradeSmart |
Groww |
ProStocks |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
30400 |
88700 |
83200 |
| Demat Account Annual Maintenance Charges(AMC) |
₹300 pa (1st Year Free) |
Zero |
Free (₹1000 Refundable Deposit) |
| Advance Deposit |
NIL |
Nil |
1000/- Refundable Deposit against charges |
| Statutory charges |
Nil |
Legal Charges |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹15 |
₹8 + ₹5.50 CDSL charges |
₹20 per ISIN |
| Demat |
₹500 per certificate (Min ₹500 per request) |
₹150 per certificate + courier charges |
₹50 per set up + ₹50 courier charges |
| Remat |
₹500 per certificate (Min ₹500 per request) |
₹150 per certificate + courier charges |
₹50 per set up + ₹50 courier charges |
| Pledge Creation |
₹15 per script |
₹20 + Rs. 12 per request (CDSL Charges) |
₹50 |
| Pledge Creation Confirmation |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
Nil |
| Pledge Closure |
₹15 per script |
₹20 + Rs. 12 per request (CDSL Charges) |
₹50 |
| Pledge Closure Confirmation |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
Nil |
| Pledge Invocation |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
₹50 |
| Failed Instruction Charges |
Nil |
₹50 |
₹50 per transaction |
| Other Charges |
Nil |
Nil |
Nil |
|
TradeSmart |
Groww |
ProStocks |
| Likes |
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:TradeSmart Mobile App, Desktop and web. 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… |
Easy onboarding process Low-cost trading with Rs 20 maximum brokerage charged. Trade or invest in NSE and BSE listed stocks and F&O Zero platform fee to use Groww app Get instant and flexible loans on Groww GTT order, basket order, and stop-loss order Buy with upto 4x leverage with Margin Trading Funding (MTF) Detail Review… |
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… |
| Dislikes |
There are several disadvantages or limitations as well of trading with TradeSmart such as follows; You cannot invest in SME IPOs. 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 intraday tips, calls, research & advisory Does not provide desktop exe based platform. No customer helpline number Groww is not onboarding new users for US trading account. Detail Review… |
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… |
| Special Offers/Promo |
🔴 Current Promotion from TradeSmart for InvestorGain Visitors: 🆓 Free Account Opening 📭 Zero Demat AMC for the 1st Year 💹 Lowest Brokerage – Flat ₹15 per Order or 0.007% 🚀 Open Instant TradeSmart Account |
🎁 Current Offer from Groww for InvestorGain Visitors: ✅ Free Groww Demat & Trading Account 📭 Zero Demat AMC for Lifetime 💹 Max ₹20 Brokerage per Order on All Trades 🌱 Free Mutual Funds & IPO Investments 🚀 Open Instant Groww Account Now! |
💼 Current Promotion Offer from ProStocks for InvestorGain Visitors: 📭 Lifetime Zero Demat AMC Account 📦 Free Delivery Trading 💹 Flat ₹15 Brokerage Charges per Order ⚡ Unlimited Trading @ ₹0 Brokerage with Monthly Plans 🚀 Open Instant ProStocks Account Now! |
|
|
Open Groww Account Now |
Open ProStocks Account Now |
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