Maitra Vs Progressive Share Brokers
Maitra
Maitra Commodities 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
Maitra Vs Progressive Share Brokers - Broker Details
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 1996 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | 3 |
| Brokerage | ₹5/Lot Or ₹20/Order | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Maitra Vs Progressive Share Brokers - Account Opening & AMC Charges
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 + 18% GST | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Maitra Vs Progressive Share Brokers - Brokerage charges & Plans
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | 0.04% per order |
| Currency Futures | ₹5/Lot Or ₹20/Order | 0.04% per order |
| Equity Delivery | ₹5/Lot Or ₹20/Order | 0.35% per order |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹35 per lot |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹35 per lot |
| Equity Futures | ₹5/Lot Or ₹20/Order | 0.04% per order |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹15 per lot |
| Fixed Charges | ₹5/Lot Or ₹20/Order | 0.04% per order |
| Equity Intraday | ₹5/Lot Or ₹20/Order | 0.04% per order |
Maitra Vs Progressive Share Brokers - Other Charges
| Maitra | 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 | ₹5/Lot Or ₹20/Order | 0.04% per order |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | 0.04% per order |
Maitra Vs Progressive Share Brokers - Transaction Charges
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Currency Options | 0.053% | Exchange txn charge: 0.035% |
| Equity Futures | 0.0019% | NSE: 0.0019% |
| Equity Intraday | 0.00325% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.05% | 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 | 0.0026% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | 0.00325% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Maitra Vs Progressive Share Brokers - Margin (Exposure)
| Maitra | 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 (no margin) | 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)) |
Maitra Vs Progressive Share Brokers - Features
| Maitra | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 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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Maitra Vs Progressive Share Brokers - Review & Rating
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Maitra Vs Progressive Share Brokers - Request a call back from Broker
| Maitra | Progressive Share Brokers | |
|---|---|---|
Maitra Vs Progressive Share Brokers - Investment Options
| Maitra | 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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Maitra Vs Progressive Share Brokers - Order Type
| Maitra | 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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Maitra Vs Progressive Share Brokers - Research & Report
| Maitra | 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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Maitra Vs Progressive Share Brokers - Daily Market Report
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Maitra Vs Progressive Share Brokers - Suitable For Investor
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Maitra Vs Progressive Share Brokers - Pros & Cons
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Maitra Vs Progressive Share Brokers - Background
| Maitra | Progressive Share Brokers | |
|---|---|---|
Maitra Vs Progressive Share Brokers - Compare All Brokers
| Maitra | Progressive Share Brokers | |
|---|---|---|
Maitra Vs Progressive Share Brokers - STT/CTT
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% | 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% | 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 |
Maitra Vs Progressive Share Brokers - Demat transaction charges
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹10 per request |
Maitra Vs Progressive Share Brokers - GST
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Maitra Vs Progressive Share Brokers - SEBI Charges
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maitra Vs Progressive Share Brokers - Account Opening & AMC Charges
Maitra
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 + 18% GST
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Maitra Vs Progressive Share Brokers
| Maitra | Progressive Share Brokers | |
|---|---|---|
Maitra Account Opening Process, Charges, and Required Documents 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
Maitra Vs Progressive Share Brokers - Brokerage charges & Plans
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | 0.04% per order |
| Currency Futures | ₹5/Lot Or ₹20/Order | 0.04% per order |
| Equity Delivery | ₹5/Lot Or ₹20/Order | 0.35% per order |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹35 per lot |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹35 per lot |
| Equity Futures | ₹5/Lot Or ₹20/Order | 0.04% per order |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹15 per lot |
| Fixed Charges | ₹5/Lot Or ₹20/Order | 0.04% per order |
| Equity Intraday | ₹5/Lot Or ₹20/Order | 0.04% per order |
Maitra Vs Progressive Share Brokers - Margin (Exposure)
| Maitra | 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 (no margin) | 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)) |
Maitra Vs Progressive Share Brokers - Other Charges
| Maitra | 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 | ₹5/Lot Or ₹20/Order | 0.04% per order |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | 0.04% per order |
Maitra Vs Progressive Share Brokers - STT/CTT
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% | 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% | 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 |
Maitra Vs Progressive Share Brokers - Demat transaction charges
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹10 per request |
Maitra Vs Progressive Share Brokers - GST
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Maitra Vs Progressive Share Brokers - SEBI Charges
| Maitra | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maitra Vs Progressive Share Brokers - Features
| Maitra | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 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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