Fyers Vs Progressive Share Brokers
Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, 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
Fyers Vs Progressive Share Brokers - Broker Details
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 1996 |
| Exchanges | BSE, NSE, MCX. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 3 |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
Fyers Vs Progressive Share Brokers - Account Opening & AMC Charges
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Fyers Vs Progressive Share Brokers - Brokerage charges & Plans
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Equity Delivery | ₹0 | 0.35% per order |
| Equity Options | ₹20/ Order | ₹35 per lot |
| Commodity Options | ₹20/ Order | ₹35 per lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Currency Options | ₹20/ Order | ₹15 per lot |
| Fixed Charges | ₹20/ Order | 0.04% per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.04% per order |
Fyers Vs Progressive Share Brokers - Other Charges
| Fyers | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | (₹50 + GST) | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
Fyers Vs Progressive Share Brokers - Transaction Charges
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | Exchange txn charge: 0.035% |
| Equity Futures | ₹240/ Cr (0.0024%) | NSE: 0.0019% |
| Equity Intraday | ₹325/ Cr (0.00325%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | NSE: 0.05% (on premium) |
| Commodity | NA | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | ₹240/ Cr (0.0024%) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | ₹325/ Cr (0.00325%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Fyers Vs Progressive Share Brokers - Margin (Exposure)
| Fyers | 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)) |
Fyers Vs Progressive Share Brokers - Features
| Fyers | 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 | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 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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Fyers Vs Progressive Share Brokers - Review & Rating
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Fyers Vs Progressive Share Brokers - Request a call back from Broker
| Fyers | Progressive Share Brokers | |
|---|---|---|
Fyers Vs Progressive Share Brokers - Investment Options
| Fyers | Progressive Share Brokers | |
|---|---|---|
| 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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Fyers Vs Progressive Share Brokers - Order Type
| Fyers | 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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Fyers Vs Progressive Share Brokers - Research & Report
| Fyers | 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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Fyers Vs Progressive Share Brokers - Daily Market Report
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Fyers Vs Progressive Share Brokers - Suitable For Investor
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Fyers Vs Progressive Share Brokers - Pros & Cons
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Pros | 1.Free equity delivery trading 2.The brokerage rate charged by FYERS is ultra-low, Flat ₹20 per trade 3.Quick implementation of new features and services through in-house build trading platform. 4.Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. 5.Investment opportunities in group of stocks through Thematic Investing. 6.Transparency in fee charging i.e. there are no hidden charges. 7.Availability of trading software’s that too completely free. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.Higher exchange transaction charges in comparison to other discount brokers. 2. Lack of professional team for market analysis. 3.Depository Services are not provided. 4.FYERS does not provide commodity trading services 5.Customer service lines are not toll free. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Fyers Vs Progressive Share Brokers - Background
| Fyers | Progressive Share Brokers | |
|---|---|---|
Fyers Vs Progressive Share Brokers - Compare All Brokers
| Fyers | Progressive Share Brokers | |
|---|---|---|
Fyers Vs Progressive Share Brokers - STT/CTT
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% on the sell side |
| Equity Options | 0.05% on sell value (Premium) | 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% on sell value | 0.0125% on sell side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
Fyers Vs Progressive Share Brokers - Demat transaction charges
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹10 per request |
Fyers Vs Progressive Share Brokers - GST
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Fyers Vs Progressive Share Brokers - SEBI Charges
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fyers Vs Progressive Share Brokers - Account Opening & AMC Charges
Fyers
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Fyers Vs Progressive Share Brokers
| Fyers | Progressive Share Brokers | |
|---|---|---|
FYERS Review 2024 | Brokerage Charges, Account OpeningFYERS Securities is a Bangalore based discount broker, offering trade in Equity cash, F&O and Currency Derivatives segments at NSE, BSE and MCX. Being incorporated in 2015, the firm focuses on providing services at low brokerage rates. In fact, FYERS is an acronym of “Focus Your Energy & Reform t .. + " 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
Fyers Vs Progressive Share Brokers - Brokerage charges & Plans
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Equity Delivery | ₹0 | 0.35% per order |
| Equity Options | ₹20/ Order | ₹35 per lot |
| Commodity Options | ₹20/ Order | ₹35 per lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Currency Options | ₹20/ Order | ₹15 per lot |
| Fixed Charges | ₹20/ Order | 0.04% per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.04% per order |
| Call Back Open Account |
Fyers Vs Progressive Share Brokers - Margin (Exposure)
| Fyers | 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 |
Fyers Vs Progressive Share Brokers - Other Charges
| Fyers | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | (₹50 + GST) | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
Fyers Vs Progressive Share Brokers - STT/CTT
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% on the sell side |
| Equity Options | 0.05% on sell value (Premium) | 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% on sell value | 0.0125% on sell side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
Fyers Vs Progressive Share Brokers - Demat transaction charges
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹10 per request |
Fyers Vs Progressive Share Brokers - GST
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Fyers Vs Progressive Share Brokers - SEBI Charges
| Fyers | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fyers Vs Progressive Share Brokers - Features
| Fyers | 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 | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 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 |