5Paisa Vs Progressive Share Brokers
5Paisa
5paisa - Online Share/Stock Trading, Discount Brokers in India 5Paisa Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs. Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, 5Paisa Review of NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
5Paisa Vs Progressive Share Brokers - Broker Details
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2007 | 1996 |
| Exchanges | BSE, NSE and MCX. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 3 |
| Brokerage | ₹20/ Order | 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
5Paisa Vs Progressive Share Brokers - Account Opening & AMC Charges
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300/- | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
5Paisa Vs Progressive Share Brokers - Brokerage charges & Plans
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.04% per order |
| Currency Futures | ₹20/ Order | 0.04% per order |
| Equity Delivery | ₹20/ Order | 0.35% per order |
| Equity Options | ₹20/ Order | ₹35 per lot |
| Commodity Options | ₹20/ Order | ₹35 per lot |
| Equity Futures | ₹20/ Order | 0.04% per order |
| Currency Options | ₹20/ Order | ₹15 per lot |
| Fixed Charges | ₹499/ Month | 0.04% per order |
| Equity Intraday | ₹20/ Order | 0.04% per order |
5Paisa Vs Progressive Share Brokers - Other Charges
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹0 (Free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹499/ Month | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
5Paisa Vs Progressive Share Brokers - Transaction Charges
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Currency Options | 0.035% | Exchange txn charge: 0.035% |
| Equity Futures | 0.0020% | NSE: 0.0019% |
| Equity Intraday | 0.00345% (NSE) | 0.00345% (BSE) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.053% | NSE: 0.05% (on premium) |
| Commodity | Grp A (28 Commodities) 0.0026% | Grp B (4 Commodities) | BLACK PEPPER - 0.0005% | BRASS - 0.0005% |CASTORSEED - 0.0005% | RBDPALMOLEIN - 0.001% | Options Contracts: 0.05% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | 0.0009% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | 0.00345% (NSE) | 0.00345% (BSE) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
5Paisa Vs Progressive Share Brokers - Margin (Exposure)
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
5Paisa Vs Progressive Share Brokers - Features
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 5 Paisa Mobile App, Trade station Web, Trade Station Exe, Algo Trading, 5paisa Robo Advisory | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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5Paisa Vs Progressive Share Brokers - Review & Rating
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
5Paisa Vs Progressive Share Brokers - Request a call back from Broker
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
5Paisa Vs Progressive Share Brokers - Investment Options
| 5Paisa | Progressive Share Brokers | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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5Paisa Vs Progressive Share Brokers - Order Type
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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5Paisa Vs Progressive Share Brokers - Research & Report
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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5Paisa Vs Progressive Share Brokers - Daily Market Report
| 5Paisa | Progressive Share Brokers | |
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| Daily Market Reports & News |
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5Paisa Vs Progressive Share Brokers - Suitable For Investor
| 5Paisa | Progressive Share Brokers | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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5Paisa Vs Progressive Share Brokers - Pros & Cons
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Pros | 1.It is being promoted by IIFL which is a premier non-banking financial institution. 2.Different subscription plans according to the need of clients. 3.No software charges.4.Free technical, derivative and fundamental advice to customers. 5.It offers mutual funds and insurance. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.Non availability of 3-in-1 account 2.High Demat debit transaction charges. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.NRI trading services are not offered by 5 paisa. 5.It does not provide commodity trading services. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
5Paisa Vs Progressive Share Brokers - Background
| 5Paisa | Progressive Share Brokers | |
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5Paisa Vs Progressive Share Brokers - Compare All Brokers
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
5Paisa Vs Progressive Share Brokers - STT/CTT
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.0001% (On exercise purchaser) 0.01% (Sell Future) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% | 0.025% on the sell side |
| Equity Options | 0.05% (Sell Option) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on buy & sell |
| Equity Futures | 0.01% (Sell Future) | 0.0125% on sell side |
| Commodity Options | 0.05% (Sell Option) | 0.05% on sell side |
5Paisa Vs Progressive Share Brokers - Demat transaction charges
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12.5 + Gst per scrip per day only on sell | ₹10 per request |
5Paisa Vs Progressive Share Brokers - GST
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
5Paisa Vs Progressive Share Brokers - SEBI Charges
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
5Paisa Vs Progressive Share Brokers - Account Opening & AMC Charges
5Paisa
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300/-
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
5Paisa Vs Progressive Share Brokers
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
5Paisa Review | Brokerage Charges, Account Opening5Paisa is one the leading stock brokers of India. Being started on March 2016 to becoming 2nd largest stock broker of India in Dec 2018, 5Paisa company covered a long way in a very short span of time. 5paisa broking review provides trade in equity, commodity and currency at BSE, NSE and MCX. 5paisa trading platform review offers different trading p .. + " Vs "+ Progressive Share Brokers |
Progressive Share Brokers Account Opening Process and Charges |
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Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
5Paisa Vs Progressive Share Brokers - Brokerage charges & Plans
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.04% per order |
| Currency Futures | ₹20/ Order | 0.04% per order |
| Equity Delivery | ₹20/ Order | 0.35% per order |
| Equity Options | ₹20/ Order | ₹35 per lot |
| Commodity Options | ₹20/ Order | ₹35 per lot |
| Equity Futures | ₹20/ Order | 0.04% per order |
| Currency Options | ₹20/ Order | ₹15 per lot |
| Fixed Charges | ₹499/ Month | 0.04% per order |
| Equity Intraday | ₹20/ Order | 0.04% per order |
| Call Back Open Account |
5Paisa Vs Progressive Share Brokers - Margin (Exposure)
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
5Paisa Vs Progressive Share Brokers - Other Charges
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹0 (Free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹499/ Month | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
5Paisa Vs Progressive Share Brokers - STT/CTT
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.0001% (On exercise purchaser) 0.01% (Sell Future) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% | 0.025% on the sell side |
| Equity Options | 0.05% (Sell Option) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on buy & sell |
| Equity Futures | 0.01% (Sell Future) | 0.0125% on sell side |
| Commodity Options | 0.05% (Sell Option) | 0.05% on sell side |
5Paisa Vs Progressive Share Brokers - Demat transaction charges
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12.5 + Gst per scrip per day only on sell | ₹10 per request |
5Paisa Vs Progressive Share Brokers - GST
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
5Paisa Vs Progressive Share Brokers - SEBI Charges
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
5Paisa Vs Progressive Share Brokers - Features
| 5Paisa | Progressive Share Brokers | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 5 Paisa Mobile App, Trade station Web, Trade Station Exe, Algo Trading, 5paisa Robo Advisory | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |