Finvasia Vs Progressive Share Brokers
Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
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
Finvasia Vs Progressive Share Brokers - Broker Details
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 1996 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 3 |
| Brokerage | ₹0 (Free) | 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Account Opening & AMC Charges
| Finvasia | 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 |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Brokerage charges & Plans
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | 0.04% per order |
| Currency Futures | ₹0 (Free) | 0.04% per order |
| Equity Delivery | ₹0 (Free) | 0.35% per order |
| Equity Options | ₹0 (Free) | ₹35 per lot |
| Commodity Options | ₹0 (Free) | ₹35 per lot |
| Equity Futures | ₹0 (Free) | 0.04% per order |
| Currency Options | ₹0 (Free) | ₹15 per lot |
| Fixed Charges | ₹0 (Free) | 0.04% per order |
| Equity Intraday | ₹0 (Free) | 0.04% per order |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Other Charges
| Finvasia | 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 (Free) | 0.04% per order |
| Minimum Brokerage | ₹0 (Free) | 0.04% per order |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Transaction Charges
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Currency Options | ₹4000/Cr of premium | Exchange txn charge: 0.035% |
| Equity Futures | ₹325/Cr | NSE: 0.0019% |
| Equity Intraday | ₹325/Cr | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | ₹5000/Cr | NSE: 0.05% (on premium) |
| Commodity | ₹260/Cr | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | ₹115/Cr | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | ₹325/Cr | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Margin (Exposure)
| Finvasia | 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 |
Finvasia Vs Progressive Share Brokers - Features
| Finvasia | 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto | 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 |
Finvasia Vs Progressive Share Brokers - Review & Rating
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Request a call back from Broker
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Investment Options
| Finvasia | 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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| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Order Type
| Finvasia | 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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| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Research & Report
| Finvasia | 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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| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Daily Market Report
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Suitable For Investor
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Pros & Cons
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Pros | 1.They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's. 2. Trading and Demat Account opening is FREE. 3.Online Chat support is available on its website. 4.Online IPO Application is available with Finvasia. 5.Five minutes online paperless account opening is available through eKYC and AADHAAR ESign. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors. 2.Scalpter (trading website) has only 1 min charting frame. 3.Doesn't offer a 3-in-1 account. 4. Trading platforms like NEST and NOW are chargeable. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Background
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Compare All Brokers
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - STT/CTT
| Finvasia | 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 both Buy and 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 |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Demat transaction charges
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹9 + Gst per scrip only on sell | ₹10 per request |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - GST
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - SEBI Charges
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Account Opening & AMC Charges
Finvasia
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
Finvasia Vs Progressive Share Brokers
| Finvasia | Progressive Share Brokers | |
|---|---|---|
Finvasia Review | Brokerage Charges, Account Opening‘Simply Commission Free’ is a tagline of Finvasia which strongly believes that adding value & quality to the products & services will have more meaning in the future rather than charging brokerage. Finvasia financial services private limited .. + " 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
Finvasia Vs Progressive Share Brokers - Brokerage charges & Plans
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | 0.04% per order |
| Currency Futures | ₹0 (Free) | 0.04% per order |
| Equity Delivery | ₹0 (Free) | 0.35% per order |
| Equity Options | ₹0 (Free) | ₹35 per lot |
| Commodity Options | ₹0 (Free) | ₹35 per lot |
| Equity Futures | ₹0 (Free) | 0.04% per order |
| Currency Options | ₹0 (Free) | ₹15 per lot |
| Fixed Charges | ₹0 (Free) | 0.04% per order |
| Equity Intraday | ₹0 (Free) | 0.04% per order |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Margin (Exposure)
| Finvasia | 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 |
Finvasia Vs Progressive Share Brokers - Other Charges
| Finvasia | 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 (Free) | 0.04% per order |
| Minimum Brokerage | ₹0 (Free) | 0.04% per order |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - STT/CTT
| Finvasia | 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 both Buy and 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 |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Demat transaction charges
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹9 + Gst per scrip only on sell | ₹10 per request |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - GST
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - SEBI Charges
| Finvasia | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Finvasia Vs Progressive Share Brokers - Features
| Finvasia | 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto | 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 |