Finwave Vs Progressive Share Brokers
Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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
Finwave Vs Progressive Share Brokers - Broker Details
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2014 | 1996 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 25 | 3 |
| Brokerage | ₹20 per order | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Finwave Vs Progressive Share Brokers - Account Opening & AMC Charges
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly | ₹250 per Year |
| Trading Account AMC | 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly | NA |
Finwave Vs Progressive Share Brokers - Brokerage charges & Plans
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20 per order | 0.04% per order |
| Currency Futures | ₹20 per order | 0.04% per order |
| Equity Delivery | ₹20 per order | 0.35% per order |
| Equity Options | ₹20 per order | ₹35 per lot |
| Commodity Options | ₹20 per order | ₹35 per lot |
| Equity Futures | ₹20 per order | 0.04% per order |
| Currency Options | ₹20 per order | ₹15 per lot |
| Fixed Charges | ₹20 per order | 0.04% per order |
| Equity Intraday | ₹20 per order | 0.04% per order |
Finwave Vs Progressive Share Brokers - Other Charges
| Finwave | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹0 (Free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20 per order | 0.04% per order |
| Minimum Brokerage | ₹20 per order | 0.04% per order |
Finwave Vs Progressive Share Brokers - Transaction Charges
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Currency Options | BSE: 0.001% | NSE: 0.035% | Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.002% | NSE: 0.0019% |
| Equity Intraday | BSE: 0.00345% | NSE: 0.00345% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE: 0.053% | NSE: 0.05% (on premium) |
| Commodity | 0.0026% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE: 0.0009% | BSE: 0.00022% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | BSE: 0.00345% | NSE: 0.00345% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Finwave Vs Progressive Share Brokers - Margin (Exposure)
| Finwave | 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)) |
Finwave Vs Progressive Share Brokers - Features
| Finwave | 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software | 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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Finwave Vs Progressive Share Brokers - Review & Rating
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Finwave Vs Progressive Share Brokers - Request a call back from Broker
| Finwave | Progressive Share Brokers | |
|---|---|---|
Finwave Vs Progressive Share Brokers - Investment Options
| Finwave | 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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Finwave Vs Progressive Share Brokers - Order Type
| Finwave | 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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Finwave Vs Progressive Share Brokers - Research & Report
| Finwave | 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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Finwave Vs Progressive Share Brokers - Daily Market Report
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Finwave Vs Progressive Share Brokers - Suitable For Investor
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Finwave Vs Progressive Share Brokers - Pros & Cons
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Finwave Vs Progressive Share Brokers - Background
| Finwave | Progressive Share Brokers | |
|---|---|---|
Finwave Vs Progressive Share Brokers - Compare All Brokers
| Finwave | Progressive Share Brokers | |
|---|---|---|
Finwave Vs Progressive Share Brokers - STT/CTT
| Finwave | 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 |
Finwave Vs Progressive Share Brokers - Demat transaction charges
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | ₹10 per request |
Finwave Vs Progressive Share Brokers - GST
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Finwave Vs Progressive Share Brokers - SEBI Charges
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Finwave Vs Progressive Share Brokers - Account Opening & AMC Charges
Finwave
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
₹250 per Year
Trading Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
NA
Finwave Vs Progressive Share Brokers
| Finwave | Progressive Share Brokers | |
|---|---|---|
Finwave Account Opening Process and Charges Details |
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
Finwave Vs Progressive Share Brokers - Brokerage charges & Plans
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20 per order | 0.04% per order |
| Currency Futures | ₹20 per order | 0.04% per order |
| Equity Delivery | ₹20 per order | 0.35% per order |
| Equity Options | ₹20 per order | ₹35 per lot |
| Commodity Options | ₹20 per order | ₹35 per lot |
| Equity Futures | ₹20 per order | 0.04% per order |
| Currency Options | ₹20 per order | ₹15 per lot |
| Fixed Charges | ₹20 per order | 0.04% per order |
| Equity Intraday | ₹20 per order | 0.04% per order |
Finwave Vs Progressive Share Brokers - Margin (Exposure)
| Finwave | 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)) |
Finwave Vs Progressive Share Brokers - Other Charges
| Finwave | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹0 (Free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20 per order | 0.04% per order |
| Minimum Brokerage | ₹20 per order | 0.04% per order |
Finwave Vs Progressive Share Brokers - STT/CTT
| Finwave | 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 |
Finwave Vs Progressive Share Brokers - Demat transaction charges
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | ₹10 per request |
Finwave Vs Progressive Share Brokers - GST
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Finwave Vs Progressive Share Brokers - SEBI Charges
| Finwave | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Finwave Vs Progressive Share Brokers - Features
| Finwave | 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software | 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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