Moneysukh Vs Progressive Share Brokers
Moneysukh
Moneysukh 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
Moneysukh Vs Progressive Share Brokers - Broker Details
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1988 | 1996 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 300 | 3 |
| Brokerage | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
Moneysukh Vs Progressive Share Brokers - Account Opening & AMC Charges
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 + 18% GST per Year (First Year Free) | ₹250 per Year |
| Trading Account AMC | ₹0 (for Offline Process) ₹600 (for Online Process) | NA |
Moneysukh Vs Progressive Share Brokers - Brokerage charges & Plans
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B -0.03% or ₹10/executed order whichever is lower | 0.04% per order |
| Currency Futures | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B -0.03% or ₹10/executed order whichever is lower | 0.04% per order |
| Equity Delivery | Plan A - Zero Brokerage | Plan B -2.5% or Rs. 10 per executed order whichever is lower | 0.35% per order |
| Equity Options | Plan A - Flat ₹20 per executed order | Plan B - Flat ₹10 per executed order | ₹35 per lot |
| Commodity Options | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B - 0.03% or ₹10/executed order whichever is lower | ₹35 per lot |
| Equity Futures | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | 0.04% per order |
| Currency Options | Plan A - 0.03% or Rs. 20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹15 per lot |
| Fixed Charges | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | 0.04% per order |
| Equity Intraday | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | 0.04% per order |
Moneysukh Vs Progressive Share Brokers - Other Charges
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20 per position | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹20 per position | Rs. 20 (+ GST) |
| Other Brokerage Charges | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | 0.04% per order |
| Minimum Brokerage | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | 0.04% per order |
Moneysukh Vs Progressive Share Brokers - Transaction Charges
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% | Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.0019% | NSE: 0.0019% |
| Equity Intraday | NSE: 0.00325% | BSE: 0.00325% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) | NSE: 0.05% (on premium) |
| Commodity | Exchange txn charge: 0.05% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE: 0.00325% | BSE: 0.00325% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Moneysukh Vs Progressive Share Brokers - Margin (Exposure)
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure)) |
Moneysukh Vs Progressive Share Brokers - Features
| Moneysukh | 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. Moneysukh Mobile App, 2. Moneysukh Web Portal, 3. 3. Moneysukh EXE Application | 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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Moneysukh Vs Progressive Share Brokers - Review & Rating
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Moneysukh Vs Progressive Share Brokers - Request a call back from Broker
| Moneysukh | Progressive Share Brokers | |
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Moneysukh Vs Progressive Share Brokers - Investment Options
| Moneysukh | 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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Moneysukh Vs Progressive Share Brokers - Order Type
| Moneysukh | 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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Moneysukh Vs Progressive Share Brokers - Research & Report
| Moneysukh | 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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Moneysukh Vs Progressive Share Brokers - Daily Market Report
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Moneysukh Vs Progressive Share Brokers - Suitable For Investor
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Moneysukh Vs Progressive Share Brokers - Pros & Cons
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4. Moneysukh 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4. Moneysukh 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. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Moneysukh Vs Progressive Share Brokers - Background
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
Moneysukh Vs Progressive Share Brokers - Compare All Brokers
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
Moneysukh Vs Progressive Share Brokers - STT/CTT
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 0.025% on the sell side |
| Equity Options | 0.0625% 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 | 0.0125% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Moneysukh Vs Progressive Share Brokers - Demat transaction charges
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip | ₹10 per request |
Moneysukh Vs Progressive Share Brokers - GST
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Moneysukh Vs Progressive Share Brokers - SEBI Charges
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Moneysukh Vs Progressive Share Brokers - Account Opening & AMC Charges
Moneysukh
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 + 18% GST per Year (First Year Free)
₹250 per Year
Trading Account AMC
₹0 (for Offline Process) ₹600 (for Online Process)
NA
Moneysukh Vs Progressive Share Brokers
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
Moneysukh Account Opening Charges, Process, and Documents Required 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
Moneysukh Vs Progressive Share Brokers - Brokerage charges & Plans
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B -0.03% or ₹10/executed order whichever is lower | 0.04% per order |
| Currency Futures | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B -0.03% or ₹10/executed order whichever is lower | 0.04% per order |
| Equity Delivery | Plan A - Zero Brokerage | Plan B -2.5% or Rs. 10 per executed order whichever is lower | 0.35% per order |
| Equity Options | Plan A - Flat ₹20 per executed order | Plan B - Flat ₹10 per executed order | ₹35 per lot |
| Commodity Options | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B - 0.03% or ₹10/executed order whichever is lower | ₹35 per lot |
| Equity Futures | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | 0.04% per order |
| Currency Options | Plan A - 0.03% or Rs. 20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹15 per lot |
| Fixed Charges | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | 0.04% per order |
| Equity Intraday | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | 0.04% per order |
Moneysukh Vs Progressive Share Brokers - Margin (Exposure)
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure)) |
Moneysukh Vs Progressive Share Brokers - Other Charges
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20 per position | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹20 per position | Rs. 20 (+ GST) |
| Other Brokerage Charges | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | 0.04% per order |
| Minimum Brokerage | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | 0.04% per order |
Moneysukh Vs Progressive Share Brokers - STT/CTT
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 0.025% on the sell side |
| Equity Options | 0.0625% 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 | 0.0125% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Moneysukh Vs Progressive Share Brokers - Demat transaction charges
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip | ₹10 per request |
Moneysukh Vs Progressive Share Brokers - GST
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Moneysukh Vs Progressive Share Brokers - SEBI Charges
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Moneysukh Vs Progressive Share Brokers - Features
| Moneysukh | Progressive Share Brokers | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 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. Moneysukh Mobile App, 2. Moneysukh Web Portal, 3. 3. Moneysukh EXE Application | 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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