Motilal Oswal Vs Progressive Share Brokers
Motilal Oswal
Motilal Oswal is a full service Broker. Motilal Oswal Review gives an overall view and updates about the 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
Motilal Oswal Vs Progressive Share Brokers - Broker Details
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1987 | 1996 |
| Exchanges | BSE, NSE | NSE, BSE, MCX and NCDEX |
| Branches | 3463+ | 3 |
| Brokerage | 0.02% | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Motilal Oswal Vs Progressive Share Brokers - Account Opening & AMC Charges
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Free (₹400 from 2nd year) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Motilal Oswal Vs Progressive Share Brokers - Brokerage charges & Plans
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.05% on both side | 0.04% per order |
| Currency Futures | ₹20/Lot | 0.04% per order |
| Equity Delivery | 0.20% | 0.35% per order |
| Equity Options | ₹20/Lot | ₹35 per lot |
| Commodity Options | ₹200/ Lot | ₹35 per lot |
| Equity Futures | 0.05% (both side) | 0.04% per order |
| Currency Options | ₹20/ Lot | ₹15 per lot |
| Fixed Charges | ₹2000 (one-time fee) | 0.04% per order |
| Equity Intraday | 0.02% | 0.04% per order |
Motilal Oswal Vs Progressive Share Brokers - Other Charges
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹25/Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹2000 (one-time fee) | 0.04% per order |
| Minimum Brokerage | 0.02% | 0.04% per order |
Motilal Oswal Vs Progressive Share Brokers - Transaction Charges
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Currency Options | ₹4200 | Exchange txn charge: 0.035% |
| Equity Futures | ₹200 | NSE: 0.0019% |
| Equity Intraday | NSE ₹325 | BSE ₹200 | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE ₹5110 | BSE ₹200 | NSE: 0.05% (on premium) |
| Commodity | ₹250 | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | ₹125 | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE ₹335 | BSE ₹1000 | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Motilal Oswal Vs Progressive Share Brokers - Margin (Exposure)
| Motilal Oswal | 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)) |
Motilal Oswal Vs Progressive Share Brokers - Features
| Motilal Oswal | 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. Desktop Application. 2. MO Trader (Online Trading App). 3. SmartWatch App. 4. MO Investor (Financial Fitness Platform). 5. Option Writer. 6. Option dCoder. | 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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Motilal Oswal Vs Progressive Share Brokers - Review & Rating
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Motilal Oswal Vs Progressive Share Brokers - Request a call back from Broker
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
Motilal Oswal Vs Progressive Share Brokers - Investment Options
| Motilal Oswal | 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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Motilal Oswal Vs Progressive Share Brokers - Order Type
| Motilal Oswal | 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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Motilal Oswal Vs Progressive Share Brokers - Research & Report
| Motilal Oswal | 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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Motilal Oswal Vs Progressive Share Brokers - Daily Market Report
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Motilal Oswal Vs Progressive Share Brokers - Suitable For Investor
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Motilal Oswal Vs Progressive Share Brokers - Pros & Cons
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. It has more than 20 years of experience in the trading and investment sector. 2. It provides its investment services in Equity, Derivatives, IPO, Mutual Funds, Insurance and the Fixed Deposit segments. 3. It provides various value pack brokerage schemes that offers various brokerage options. 4. It provides a complete ease of operation with 60+ banks for the fund transfer. 5. It provides various research advisory services. 6. Various Trading software are to be provided to the customers for free. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1. It has high brokerage in comparison with the various discount brokers like Zerodha and 5Paisa. 2. The brokerage value pack scheme is competitive but then it requires an upfront fee at the time of opting for the plan. The plans can’t be updated or cancelled after the selection. 3. It does not avail its customers with a three-in-one account facility. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Motilal Oswal Vs Progressive Share Brokers - Background
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
Motilal Oswal Vs Progressive Share Brokers - Compare All Brokers
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
Motilal Oswal Vs Progressive Share Brokers - STT/CTT
| Motilal Oswal | 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 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 |
Motilal Oswal Vs Progressive Share Brokers - Demat transaction charges
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 or 0.03% (whichever is higher) | ₹10 per request |
Motilal Oswal Vs Progressive Share Brokers - GST
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Motilal Oswal Vs Progressive Share Brokers - SEBI Charges
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Motilal Oswal Vs Progressive Share Brokers - Account Opening & AMC Charges
Motilal Oswal
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Free (₹400 from 2nd year)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Motilal Oswal Vs Progressive Share Brokers
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
Motilal Oswal Review | Brokerage Charges, Account OpeningMotilal Oswal is among the oldest full-service stock broking firm. It was incorporated in the year 1987. It is one of the oldest stock broking firm in India. It is famous for its services such as trading applications, portfolio management services and the quick customer support. The company also provides various trading services in various sector .. + " Vs "+ Progressive Share Brokers |
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
Motilal Oswal Vs Progressive Share Brokers - Brokerage charges & Plans
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.05% on both side | 0.04% per order |
| Currency Futures | ₹20/Lot | 0.04% per order |
| Equity Delivery | 0.20% | 0.35% per order |
| Equity Options | ₹20/Lot | ₹35 per lot |
| Commodity Options | ₹200/ Lot | ₹35 per lot |
| Equity Futures | 0.05% (both side) | 0.04% per order |
| Currency Options | ₹20/ Lot | ₹15 per lot |
| Fixed Charges | ₹2000 (one-time fee) | 0.04% per order |
| Equity Intraday | 0.02% | 0.04% per order |
Motilal Oswal Vs Progressive Share Brokers - Margin (Exposure)
| Motilal Oswal | 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)) |
Motilal Oswal Vs Progressive Share Brokers - Other Charges
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹25/Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹2000 (one-time fee) | 0.04% per order |
| Minimum Brokerage | 0.02% | 0.04% per order |
Motilal Oswal Vs Progressive Share Brokers - STT/CTT
| Motilal Oswal | 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 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 |
Motilal Oswal Vs Progressive Share Brokers - Demat transaction charges
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 or 0.03% (whichever is higher) | ₹10 per request |
Motilal Oswal Vs Progressive Share Brokers - GST
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Motilal Oswal Vs Progressive Share Brokers - SEBI Charges
| Motilal Oswal | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Motilal Oswal Vs Progressive Share Brokers - Features
| Motilal Oswal | 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. Desktop Application. 2. MO Trader (Online Trading App). 3. SmartWatch App. 4. MO Investor (Financial Fitness Platform). 5. Option Writer. 6. Option dCoder. | 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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