Edelweiss Vs Progressive Share Brokers
Edelweiss
Edelwiess is a full service Broker. Edelwiess Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, 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
Edelweiss Vs Progressive Share Brokers - Broker Details
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1996 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 475+ | 3 |
| Brokerage | Lite:- ₹10/Order | Elite:- 0.030% | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Edelweiss Vs Progressive Share Brokers - Account Opening & AMC Charges
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Edelweiss Vs Progressive Share Brokers - Brokerage charges & Plans
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.04% per order |
| Currency Futures | Lite:- ₹10/Order | Elite:- 0.020% | 0.04% per order |
| Equity Delivery | Lite:- ₹10/Order | Elite:- 0.300% | 0.35% per order |
| Equity Options | Lite:- ₹10/Order | Elite:- ₹75/Lot | ₹35 per lot |
| Commodity Options | N/A | ₹35 per lot |
| Equity Futures | Lite:- ₹10/Order | Elite:- 0.030% | 0.04% per order |
| Currency Options | Lite:- ₹10/Order | Elite:- ₹20/Lot | ₹15 per lot |
| Fixed Charges | ₹10/Order | 0.04% per order |
| Equity Intraday | Lite:- ₹10/Order | Elite:- 0.030% | 0.04% per order |
Edelweiss Vs Progressive Share Brokers - Other Charges
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | - | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹20/ Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | Lite:- ₹10/Order | Elite:- 0.030% | 0.04% per order |
| Minimum Brokerage | Lite:- ₹10/Order | 0.04% per order |
Edelweiss Vs Progressive Share Brokers - Transaction Charges
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE: ₹4000/Cr (0.04%) | BSE: NA | Exchange txn charge: 0.035% |
| Equity Futures | NSE: ₹190/ Cr (0.0019%) | BSE: ₹190/ Cr (0.0019%) (Each side) | NSE: 0.0019% |
| Equity Intraday | NSE: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE: ₹5000/Cr (0.05%) | BSE: ₹5000/Cr (0.05%) (Each side) | NSE: 0.05% (on premium) |
| Commodity | NSE:- NA | BSE:- NA | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE: ₹115/Cr (0.00115%) | BSE: ₹115/Cr (0.00115%) (Each side) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Edelweiss Vs Progressive Share Brokers - Margin (Exposure)
| Edelweiss | 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 | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | N/A | 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)) |
Edelweiss Vs Progressive Share Brokers - Features
| Edelweiss | 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:- 3:10 PM | Currency: 4:30PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader | 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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Edelweiss Vs Progressive Share Brokers - Review & Rating
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Edelweiss Vs Progressive Share Brokers - Request a call back from Broker
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
Edelweiss Vs Progressive Share Brokers - Investment Options
| Edelweiss | 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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Edelweiss Vs Progressive Share Brokers - Order Type
| Edelweiss | 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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Edelweiss Vs Progressive Share Brokers - Research & Report
| Edelweiss | 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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Edelweiss Vs Progressive Share Brokers - Daily Market Report
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Edelweiss Vs Progressive Share Brokers - Suitable For Investor
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Edelweiss Vs Progressive Share Brokers - Pros & Cons
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. It is a full-service broker that offers various discount brokerage plan. 2. It provides the flat ₹10 per executed order brokerage across all trading segments. 3. It avails the customers with the free research, trading tips and recommendations. 4. It provides an instant paperless online account opening facility. 5. It provides excellent trading software that work smoothly on mobile and desktop. 6. It provides various online IPO investment services. 7. It provides high leverage facilities across the cash, F&O and the CDS segments. 8. It provides relationship managers and various add-on services such as PMS to its customers. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.Customer service is not upto the mark, 2. It charges a high minimum brokerage as 3 paisa per share in delivery and 1 paisa per share on the Intraday and Futures. 3. It avails its customers with Call and Trade at an additional cost of ₹20 per call. 4. It charges ₹50 per month for the research calls and trading tips. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Edelweiss Vs Progressive Share Brokers - Background
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
Edelweiss Vs Progressive Share Brokers - Compare All Brokers
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
Edelweiss Vs Progressive Share Brokers - STT/CTT
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
Edelweiss Vs Progressive Share Brokers - Demat transaction charges
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals | ₹10 per request |
Edelweiss Vs Progressive Share Brokers - GST
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Edelweiss Vs Progressive Share Brokers - SEBI Charges
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Edelweiss Vs Progressive Share Brokers - Account Opening & AMC Charges
Edelweiss
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Edelweiss Vs Progressive Share Brokers
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
Edelweiss Review | Brokerage Charges, Account OpeningEdelweiss trading limited is a full-service stock broker that was incorporated in the year 2008. It is Mumbai-based full-service stock-broking firm. Edelweiss online share trading is the part of renowned Edelweiss Group which was incorporated in 1995 and is a leading diversified financial service company. Ed .. + " 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
Edelweiss Vs Progressive Share Brokers - Brokerage charges & Plans
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.04% per order |
| Currency Futures | Lite:- ₹10/Order | Elite:- 0.020% | 0.04% per order |
| Equity Delivery | Lite:- ₹10/Order | Elite:- 0.300% | 0.35% per order |
| Equity Options | Lite:- ₹10/Order | Elite:- ₹75/Lot | ₹35 per lot |
| Commodity Options | N/A | ₹35 per lot |
| Equity Futures | Lite:- ₹10/Order | Elite:- 0.030% | 0.04% per order |
| Currency Options | Lite:- ₹10/Order | Elite:- ₹20/Lot | ₹15 per lot |
| Fixed Charges | ₹10/Order | 0.04% per order |
| Equity Intraday | Lite:- ₹10/Order | Elite:- 0.030% | 0.04% per order |
Edelweiss Vs Progressive Share Brokers - Margin (Exposure)
| Edelweiss | 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 | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | N/A | 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)) |
Edelweiss Vs Progressive Share Brokers - Other Charges
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | - | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹20/ Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | Lite:- ₹10/Order | Elite:- 0.030% | 0.04% per order |
| Minimum Brokerage | Lite:- ₹10/Order | 0.04% per order |
Edelweiss Vs Progressive Share Brokers - STT/CTT
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
Edelweiss Vs Progressive Share Brokers - Demat transaction charges
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals | ₹10 per request |
Edelweiss Vs Progressive Share Brokers - GST
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Edelweiss Vs Progressive Share Brokers - SEBI Charges
| Edelweiss | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Edelweiss Vs Progressive Share Brokers - Features
| Edelweiss | 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:- 3:10 PM | Currency: 4:30PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader | 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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