Anand Rathi Vs Progressive Share Brokers
Anand Rathi
Anand Rathi Review gives an overall view and updates about the Anand Rathi Brokerage Charges, Anand Rathi Margin, Anand Rathi Trading Software 2024, Anand Rathi Demat Account Charges and it also gives overview on Anand Rathi NRI Account, Anand Rathi Branches, Anand Rathi Customer Complaints, Anand Rathi Advantages and Disadvantages, Anand Rathi research services, Anand Rathi IPO Application, Anand Rathi Mutual Fund
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
Anand Rathi Vs Progressive Share Brokers - Broker Details
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1994 | 1996 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 1200+ | 3 |
| Brokerage | 0.03% | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Anand Rathi Vs Progressive Share Brokers - Account Opening & AMC Charges
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹450 + GST (2nd year Onwards) | ₹3000 Deposit lifetime free AMC (Refundable) | ₹999 - Deposit lifetime free AMC (Nonrefundable) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Anand Rathi Vs Progressive Share Brokers - Brokerage charges & Plans
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.03% | 0.04% per order |
| Currency Futures | 0.03% | 0.04% per order |
| Equity Delivery | 0.30% | 0.35% per order |
| Equity Options | ₹50/ Lot | ₹35 per lot |
| Commodity Options | ₹50/ Lot | ₹35 per lot |
| Equity Futures | 0.03% | 0.04% per order |
| Currency Options | ₹50/ Lot | ₹15 per lot |
| Fixed Charges | 0.03% | 0.04% per order |
| Equity Intraday | 0.03% | 0.04% per order |
Anand Rathi Vs Progressive Share Brokers - Other Charges
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹0 (Free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | 0.03% | 0.04% per order |
| Minimum Brokerage | ₹25/ Contract note | 0.04% per order |
Anand Rathi Vs Progressive Share Brokers - Transaction Charges
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Currency Options | ₹7000/ Cr (0.07%) | Exchange txn charge: 0.035% |
| Equity Futures | NSE ₹410/ Cr (0.0041%) | BSE ₹210/ Cr (0.0021%) (each side) | NSE: 0.0019% |
| Equity Intraday | ₹350/ Cr (0.0035%) (each side) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | ₹7000/ Cr (0.07%) | NSE: 0.05% (on premium) |
| Commodity | ₹350/ Cr (0.0035%) | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | ₹350/ Cr (0.0035%) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | ₹350/Cr (0.0035%) (each side) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Anand Rathi Vs Progressive Share Brokers - Margin (Exposure)
| Anand Rathi | 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)) |
Anand Rathi Vs Progressive Share Brokers - Features
| Anand Rathi | 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 & F&O:- 3:30 PM | Currency: 4:40 PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.Trade Mobi (Mobile Trading Application) 2.Anand Rathi Online MF (Mutual Fund App) 3.Trade X'Press+ (Web-based Trading Platform) 4.Trade X'Pro (Desktop Trading Software) 5.Trade Lite (Light Web-based App) 6.Trade X'Pro+ (Suite of Trading Tools) | 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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Anand Rathi Vs Progressive Share Brokers - Review & Rating
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Anand Rathi Vs Progressive Share Brokers - Request a call back from Broker
| Anand Rathi | Progressive Share Brokers | |
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Anand Rathi Vs Progressive Share Brokers - Investment Options
| Anand Rathi | 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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Anand Rathi Vs Progressive Share Brokers - Order Type
| Anand Rathi | Progressive Share Brokers | |
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| 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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Anand Rathi Vs Progressive Share Brokers - Research & Report
| Anand Rathi | 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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Anand Rathi Vs Progressive Share Brokers - Daily Market Report
| Anand Rathi | Progressive Share Brokers | |
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| Daily Market Reports & News |
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Anand Rathi Vs Progressive Share Brokers - Suitable For Investor
| Anand Rathi | Progressive Share Brokers | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Anand Rathi Vs Progressive Share Brokers - Pros & Cons
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Pros | 1.Allows online investment in IPOs, Mutual Funds, Bonds, General Insurance, all from a single website. 2.Call & trade is free of cost. 3.Provides free research, technical reports and trading calls. 4.Provides loan against shares and corporate FDs as well.5.NRI customers can also open accounts with Anand Rathi. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.Very high brokerage across all segments. 2.Doesn't offer a 3-in-1 account. 3.High Demat AMC 4.Separate web-based platform and mobile app for mutual fund investments. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Anand Rathi Vs Progressive Share Brokers - Background
| Anand Rathi | Progressive Share Brokers | |
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Anand Rathi Vs Progressive Share Brokers - Compare All Brokers
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
Anand Rathi Vs Progressive Share Brokers - STT/CTT
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Anand Rathi Vs Progressive Share Brokers - Demat transaction charges
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹10 per request |
Anand Rathi Vs Progressive Share Brokers - GST
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Anand Rathi Vs Progressive Share Brokers - SEBI Charges
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Anand Rathi Vs Progressive Share Brokers - Account Opening & AMC Charges
Anand Rathi
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹450 + GST (2nd year Onwards) | ₹3000 Deposit lifetime free AMC (Refundable) | ₹999 - Deposit lifetime free AMC (Nonrefundable)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Anand Rathi Vs Progressive Share Brokers
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
Anand Rathi Review | Brokerage Charges, Account OpeningOnce Albert Einstein said that compound interest is the 8th wonder of the world, he who understands it, earns it and he who doesn’t, pays it. Investment is the only option through which we can enhance our assets drastically. Investing in stock market is one of the best methods through which .. + " 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
Anand Rathi Vs Progressive Share Brokers - Brokerage charges & Plans
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.03% | 0.04% per order |
| Currency Futures | 0.03% | 0.04% per order |
| Equity Delivery | 0.30% | 0.35% per order |
| Equity Options | ₹50/ Lot | ₹35 per lot |
| Commodity Options | ₹50/ Lot | ₹35 per lot |
| Equity Futures | 0.03% | 0.04% per order |
| Currency Options | ₹50/ Lot | ₹15 per lot |
| Fixed Charges | 0.03% | 0.04% per order |
| Equity Intraday | 0.03% | 0.04% per order |
Anand Rathi Vs Progressive Share Brokers - Margin (Exposure)
| Anand Rathi | 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)) |
Anand Rathi Vs Progressive Share Brokers - Other Charges
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹0 (Free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | 0.03% | 0.04% per order |
| Minimum Brokerage | ₹25/ Contract note | 0.04% per order |
Anand Rathi Vs Progressive Share Brokers - STT/CTT
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Anand Rathi Vs Progressive Share Brokers - Demat transaction charges
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹10 per request |
Anand Rathi Vs Progressive Share Brokers - GST
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Anand Rathi Vs Progressive Share Brokers - SEBI Charges
| Anand Rathi | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Anand Rathi Vs Progressive Share Brokers - Features
| Anand Rathi | 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 & F&O:- 3:30 PM | Currency: 4:40 PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.Trade Mobi (Mobile Trading Application) 2.Anand Rathi Online MF (Mutual Fund App) 3.Trade X'Press+ (Web-based Trading Platform) 4.Trade X'Pro (Desktop Trading Software) 5.Trade Lite (Light Web-based App) 6.Trade X'Pro+ (Suite of Trading Tools) | 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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