Progressive Share Brokers Vs Flattrade
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
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Progressive Share Brokers Vs Flattrade - Broker Details
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 2004 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 3 | 6 |
| Brokerage | 0.04% per order | ₹0 (Free) |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Account Opening & AMC Charges
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 + GST |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Brokerage charges & Plans
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹0 (Free) |
| Currency Futures | 0.04% per order | ₹0 (Free) |
| Equity Delivery | 0.35% per order | ₹0 (Free) |
| Equity Options | ₹35 per lot | ₹0 (Free) |
| Commodity Options | ₹35 per lot | ₹0 (Free) |
| Equity Futures | 0.04% per order | ₹0 (Free) |
| Currency Options | ₹15 per lot | ₹0 (Free) |
| Fixed Charges | 0.04% per order | ₹0 (Free) |
| Equity Intraday | 0.04% per order | ₹0 (Free) |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Other Charges
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | 0.04% per order | ₹0 (Free) |
| Minimum Brokerage | 0.04% per order | ₹0 (Free) |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Transaction Charges
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE: 0.0019% | 0.0020% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | NSE: 0.05% (on premium) | 0.053% (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Margin (Exposure)
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Features
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| 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 & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Review & Rating
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Request a call back from Broker
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Investment Options
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| 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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| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Order Type
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| 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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| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Research & Report
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| 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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| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Daily Market Report
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Suitable For Investor
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Pros & Cons
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Background
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Compare All Brokers
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - STT/CTT
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on Sale side |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% Buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Demat transaction charges
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹20 + GST per scrip only on sell |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - GST
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - SEBI Charges
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Account Opening & AMC Charges
Progressive Share Brokers
Flattrade
Trading Account Opening Charge
₹0 (Free)
₹200 + GST
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs Flattrade
| Progressive Share Brokers | Flattrade | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. |
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Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Progressive Share Brokers Vs Flattrade - Brokerage charges & Plans
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹0 (Free) |
| Currency Futures | 0.04% per order | ₹0 (Free) |
| Equity Delivery | 0.35% per order | ₹0 (Free) |
| Equity Options | ₹35 per lot | ₹0 (Free) |
| Commodity Options | ₹35 per lot | ₹0 (Free) |
| Equity Futures | 0.04% per order | ₹0 (Free) |
| Currency Options | ₹15 per lot | ₹0 (Free) |
| Fixed Charges | 0.04% per order | ₹0 (Free) |
| Equity Intraday | 0.04% per order | ₹0 (Free) |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Margin (Exposure)
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Progressive Share Brokers Vs Flattrade - Other Charges
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | 0.04% per order | ₹0 (Free) |
| Minimum Brokerage | 0.04% per order | ₹0 (Free) |
Progressive Share Brokers Vs Flattrade - STT/CTT
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on Sale side |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% Buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Progressive Share Brokers Vs Flattrade - Demat transaction charges
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹20 + GST per scrip only on sell |
Progressive Share Brokers Vs Flattrade - GST
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
Progressive Share Brokers Vs Flattrade - SEBI Charges
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs Flattrade - Features
| Progressive Share Brokers | Flattrade | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |