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Quick Comparision (ICICI Direct VS Progressive Share Brokers)

 
 

ICICI Direct Vs Progressive Share Brokers

ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about 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

ICICI Direct Vs Progressive Share Brokers - Broker Details

ICICI Direct Progressive Share Brokers
Single Margin Facility
Year of Incorporation 1995 1996
Exchanges BSE and NSE. NSE, BSE, MCX and NCDEX
Branches 250+ 3
Brokerage Prime Plan: ₹900/- 0.04% per order
Broker Type Full service Broker Full Service Broker
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Account Opening & AMC Charges

ICICI Direct Progressive Share Brokers
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹700 (From 2nd Year) | ₹300 for Neo Customers ₹250 per Year
Trading Account AMC ₹0 (Free) NA
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Brokerage charges & Plans

ICICI Direct Progressive Share Brokers
Commodity Futures ₹20/ Order 0.04% per order
Currency Futures ₹20/ Order 0.04% per order
Equity Delivery ₹0.09% 0.35% per order
Equity Options ₹20/ Order ₹35 per lot
Commodity Options ₹20/ Order ₹35 per lot
Equity Futures ₹20/ Order 0.04% per order
Currency Options ₹20/ Order ₹15 per lot
Fixed Charges ₹20/ Order 0.04% per order
Equity Intraday ₹20/ Order 0.04% per order
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Other Charges

ICICI Direct Progressive Share Brokers
RMS Square Off Charge ₹50/ Order ₹50 per order
API Charges ₹0 (Free) Free API
Call & Trade Charges ₹50/ Order Rs. 20 (+ GST)
Other Brokerage Charges Prime Plan: ₹900/- 0.04% per order
Minimum Brokerage ₹20/ Order 0.04% per order
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Transaction Charges

ICICI Direct Progressive Share Brokers
Currency Options Exchange turnover charge: 0.04% |Clearing charge: 0.025% Exchange txn charge: 0.035%
Equity Futures NSE: 0.002% NSE: 0.0019%
Equity Intraday NSE: 0.00345% | BSE: 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 Non-Agri: Exchange turnover charge: 0.0026% Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025%
Currency Futures Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% Exchange txn charge: 0.0009% Clearing charge: .00025%
Equity Delivery 0.00345% trade on buy & sell NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Margin (Exposure)

ICICI Direct 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

ICICI Direct Vs Progressive Share Brokers - Features

ICICI Direct 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. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1. Investor 360 Web Portal, 2. Investor 360 Mobile App
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Review & Rating

ICICI Direct Progressive Share Brokers
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Request a call back from Broker

ICICI Direct Progressive Share Brokers
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Investment Options

ICICI Direct Progressive Share Brokers
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Order Type

ICICI Direct 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

ICICI Direct Vs Progressive Share Brokers - Research & Report

ICICI Direct Progressive Share Brokers
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Daily Market Report

ICICI Direct Progressive Share Brokers
Daily Market Reports & News
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Suitable For Investor

ICICI Direct Progressive Share Brokers
Casual Investor
Active Investor
Trader
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Pros & Cons

ICICI Direct Progressive Share Brokers
Pros 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features
Cons 1. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Background

ICICI Direct Progressive Share Brokers
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Compare All Brokers

ICICI Direct Progressive Share Brokers
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - STT/CTT

ICICI Direct 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 NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group 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

ICICI Direct Vs Progressive Share Brokers - Demat transaction charges

ICICI Direct Progressive Share Brokers
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) ₹10 per request
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - GST

ICICI Direct Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - SEBI Charges

ICICI Direct Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Account Opening & AMC Charges

ICICI Direct
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
 

ICICI Direct Vs Progressive Share Brokers

ICICI Direct Progressive Share Brokers
 

ICICI Direct Review | Brokerage Charges, Account Opening

With ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.

Progressive Share Brokers Account Opening Process and Charges

Read 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

ICICI Direct Vs Progressive Share Brokers - Brokerage charges & Plans

ICICI Direct Progressive Share Brokers
Commodity Futures ₹20/ Order 0.04% per order
Currency Futures ₹20/ Order 0.04% per order
Equity Delivery ₹0.09% 0.35% per order
Equity Options ₹20/ Order ₹35 per lot
Commodity Options ₹20/ Order ₹35 per lot
Equity Futures ₹20/ Order 0.04% per order
Currency Options ₹20/ Order ₹15 per lot
Fixed Charges ₹20/ Order 0.04% per order
Equity Intraday ₹20/ Order 0.04% per order
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Margin (Exposure)

ICICI Direct 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

ICICI Direct Vs Progressive Share Brokers - Other Charges

ICICI Direct Progressive Share Brokers
RMS Square Off Charge ₹50/ Order ₹50 per order
API Charges ₹0 (Free) Free API
Call & Trade Charges ₹50/ Order Rs. 20 (+ GST)
Other Brokerage Charges Prime Plan: ₹900/- 0.04% per order
Minimum Brokerage ₹20/ Order 0.04% per order
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - STT/CTT

ICICI Direct 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 NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group 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

ICICI Direct Vs Progressive Share Brokers - Demat transaction charges

ICICI Direct Progressive Share Brokers
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) ₹10 per request
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - GST

ICICI Direct Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - SEBI Charges

ICICI Direct Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore
Call Back Open Account

ICICI Direct Vs Progressive Share Brokers - Features

ICICI Direct 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. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1. Investor 360 Web Portal, 2. Investor 360 Mobile App
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

ICICI Direct

Progressive Share Brokers