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Progressive Share Brokers Account Opening Process and Charges

 
 
 
Progressive Share Brokers Account Opening Enquiry

Progressive Share Brokers Account Opening Process and Charges

Progressive Share Brokers Private Limited began its journey in the broking business in 1996 with NSE membership, established by managing directors Mr. Anil N. Gaggar and Mahesh N. Gaggar. Progressive Group has established itself as a dynamic and high-performing broking house by offering a comprehensive range of financial products such as equity, derivatives, currency derivatives, mutual funds, online IPOs, and commodity derivatives. Progressive, a member of the BSE and NSE and a CDSL depository participant has expanded its commodity presence by joining MCX, NCDEX, and NSEL. Progressive Share Brokers also provides an online trading platform for trading and investing in the stock market. Progressive Share Brokers has grown from 50 clients to an impressive 11,000 in just over a decade by providing superior customer service and cutting-edge infrastructure. Progressive has made a mark in 30 cities with over 70 franchisees as it strives for a PAN India presence.


Progressive Share Brokers Account Opening Charges

Progressive Share Brokers demat and trading account opening charges are as follows:

Account TypeCharges
Demat Account Opening Charges₹0
Demat Account AMC ChargesRs. 250 per Year
Trading Account Opening Charges₹0
Trading Account AMC ChargesNA


Documents Required for Opening Account with Progressive Share Brokers

You will be required to submit the following documents for opening demat and trading accounts with Progressive Share Brokers:

1. PAN Card

2. Bank Proof (Cancelled cheque/ Passbook copy)

3. Signature on white paper 

4. Income Proof (Bank Statement/Income Tax Return)

5. Copy of Self Photograph

6. Copy of Aadhaar Card

7. Nominee Proof (Aadhar/PAN/Voter ID/Passport)


Progressive Share Brokers Account Opening Process

Progressive Share Brokers offers a quick and easy account opening process for demat and trading accounts. Clients can quickly open trading and demat accounts with instant and 100% paperless procedures. The streamlined process includes the verification of all necessary details, ensuring a secure and trouble-free experience. Clients can complete the account opening formalities quickly by using E-Sign, eliminating the need for extensive paperwork. Progressive Share Brokers has thus prioritized a seamless and user-friendly approach, allowing individuals to swiftly embark on their trading journey with minimal administrative hurdles.


Progressive Share Brokers Customer Care Contact Details

Progressive Share Brokers Private Limited provides a customer care support desk to resolve customer queries or issues. If you are facing issues in the account opening process, then you can contact the Progressive Share Brokers customer support team for assistance. Progressive Share Brokers customer care contact details are as follows:

Email: support@progressiveshares.com

Phone: 022-4077-7500


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Frequently Asked Questions


Yes, you can trade in commodities with Progressive Share Brokers.
Yes, you can get real-time market updates with Progressive Share Brokers.
Progressive Share Brokers offers many financial services and products, such as equity, commodity, currency, derivatives, mutual funds, IPOs, loans against shares, mobile trading, internet trading, etc.
Yes, Progressive Share Brokers provides research and analysis tools to investors.
Yes, Progressive charges Rs. 250 per year for AMC.
No, you cannot invest in the international market through Progressive Share Brokers.
No, Progressive Share Brokers does not offer algorithmic trading services.
You can open demat and trading accounts with Progressive Share Brokers by submitting the required documents, such as an Aadhar Card, PAN card, bank account details, etc., for KYC completion.
Yes, the Progressive Share Brokers trading platform can be accessed on multiple devices, such as desktops, laptops, smartphones, etc.
Progressive has a presence in 3 cities across the country.
Yes, Progressive Share Brokers offers IPO investment services.
Progressive Share Brokers brokerage charges for derivatives segments Re. 35 per lot, intraday 0.04%, and delivery 0.35%.
Yes, you can trade in equity, commodity, currency, and derivatives segments with Progressive Share Brokers.