FundsIndia Vs Progressive Share Brokers
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
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
FundsIndia Vs Progressive Share Brokers - Broker Details
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2009 | 1996 |
| Exchanges | Sebi | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 3 |
| Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Account Opening & AMC Charges
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200 /-(Service Tax) 2nd Year onwards | ₹250 per Year |
| Trading Account AMC | N/A | NA |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Brokerage charges & Plans
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.04% per order |
| Currency Futures | N/A | 0.04% per order |
| Equity Delivery | 0.01% | 0.35% per order |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹35 per lot |
| Commodity Options | N/A | ₹35 per lot |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.04% per order |
| Currency Options | N/A | ₹15 per lot |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.04% per order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.04% per order |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Other Charges
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | N/A | Rs. 20 (+ GST) |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.04% per order |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.04% per order |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Transaction Charges
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Currency Options | N/A | Exchange txn charge: 0.035% |
| Equity Futures | 0.0035% on turnover | NSE: 0.0019% |
| Equity Intraday | 0.0035% on turnover | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.0035% on turnover | NSE: 0.05% (on premium) |
| Commodity | N/A | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | N/A | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | 0.1% on the transaction amount | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Margin (Exposure)
| FundsIndia | 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 | N/A | 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 | N/A | 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 |
FundsIndia Vs Progressive Share Brokers - Features
| FundsIndia | 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Review & Rating
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Request a call back from Broker
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Investment Options
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Order Type
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Research & Report
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Daily Market Report
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Suitable For Investor
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Pros & Cons
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Pros | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Background
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Compare All Brokers
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - STT/CTT
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | 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 | N/A | 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 | N/A | 0.05% on sell side |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Demat transaction charges
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹10 per request |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - GST
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - SEBI Charges
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Account Opening & AMC Charges
FundsIndia
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 /-(Service Tax) 2nd Year onwards
₹250 per Year
Trading Account AMC
N/A
NA
FundsIndia Vs Progressive Share Brokers
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. + " Vs "+ Progressive Share Brokers |
Progressive Share Brokers Account Opening Process and Charges |
|
|
|
|
|
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
FundsIndia Vs Progressive Share Brokers - Brokerage charges & Plans
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.04% per order |
| Currency Futures | N/A | 0.04% per order |
| Equity Delivery | 0.01% | 0.35% per order |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹35 per lot |
| Commodity Options | N/A | ₹35 per lot |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.04% per order |
| Currency Options | N/A | ₹15 per lot |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.04% per order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.04% per order |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Margin (Exposure)
| FundsIndia | 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 | N/A | 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 | N/A | 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 |
FundsIndia Vs Progressive Share Brokers - Other Charges
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | N/A | Rs. 20 (+ GST) |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.04% per order |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.04% per order |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - STT/CTT
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | 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 | N/A | 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 | N/A | 0.05% on sell side |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Demat transaction charges
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹10 per request |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - GST
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - SEBI Charges
| FundsIndia | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
FundsIndia Vs Progressive Share Brokers - Features
| FundsIndia | 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |