mStock Vs Progressive Share Brokers
mStock
mStock 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
mStock Vs Progressive Share Brokers - Broker Details
| mStock | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2022 | 1996 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | 3 |
| Brokerage | ₹0 | 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Account Opening & AMC Charges
| mStock | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
| Demat Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
| Demat Account AMC | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) | ₹250 per Year |
| Trading Account AMC | ₹149 or ₹999 + ₹999 (One time AMC) | NA |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Brokerage charges & Plans
| mStock | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹0 | 0.04% per order |
| Currency Futures | ₹0 | 0.04% per order |
| Equity Delivery | ₹0 | 0.35% per order |
| Equity Options | ₹0 | ₹35 per lot |
| Commodity Options | ₹0 | ₹35 per lot |
| Equity Futures | ₹0 | 0.04% per order |
| Currency Options | ₹0 | ₹15 per lot |
| Fixed Charges | ₹0 | 0.04% per order |
| Equity Intraday | ₹0 | 0.04% per order |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Other Charges
| mStock | 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 | ₹0 (Free) | 0.04% per order |
| Minimum Brokerage | ₹0 (Free) | 0.04% per order |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Transaction Charges
| mStock | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.0019% | NSE: 0.0019% |
| Equity Intraday | BSE: 0.00375% | NSE: 0.00325% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE: 0.050% | NSE: 0.05% (on premium) |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | 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% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | BSE: 0.00375% | NSE: 0.00325% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Margin (Exposure)
| mStock | 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 |
mStock Vs Progressive Share Brokers - Features
| mStock | 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. Mstock Mobile App, 2. Mstock Web Portal | 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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| Call Back Open Account |
mStock Vs Progressive Share Brokers - Review & Rating
| mStock | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Request a call back from Broker
| mStock | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Investment Options
| mStock | 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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| Call Back Open Account |
mStock Vs Progressive Share Brokers - Order Type
| mStock | 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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| Call Back Open Account |
mStock Vs Progressive Share Brokers - Research & Report
| mStock | 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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| Call Back Open Account |
mStock Vs Progressive Share Brokers - Daily Market Report
| mStock | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
mStock Vs Progressive Share Brokers - Suitable For Investor
| mStock | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
mStock Vs Progressive Share Brokers - Pros & Cons
| mStock | Progressive Share Brokers | |
|---|---|---|
| Pros | 1.It charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Background
| mStock | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Compare All Brokers
| mStock | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
mStock Vs Progressive Share Brokers - STT/CTT
| mStock | 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 | 0.0125% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Demat transaction charges
| mStock | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | ₹10 per request |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - GST
| mStock | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - SEBI Charges
| mStock | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/Crore |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Account Opening & AMC Charges
mStock
Progressive Share Brokers
Trading Account Opening Charge
₹149 or ₹999
₹0 (Free)
Demat Account Opening Charge
₹149 or ₹999
₹0 (Free)
Demat Account AMC
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
₹250 per Year
Trading Account AMC
₹149 or ₹999 + ₹999 (One time AMC)
NA
mStock Vs Progressive Share Brokers
| mStock | Progressive Share Brokers | |
|---|---|---|
mStock Review 2024mStock .. |
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
mStock Vs Progressive Share Brokers - Brokerage charges & Plans
| mStock | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹0 | 0.04% per order |
| Currency Futures | ₹0 | 0.04% per order |
| Equity Delivery | ₹0 | 0.35% per order |
| Equity Options | ₹0 | ₹35 per lot |
| Commodity Options | ₹0 | ₹35 per lot |
| Equity Futures | ₹0 | 0.04% per order |
| Currency Options | ₹0 | ₹15 per lot |
| Fixed Charges | ₹0 | 0.04% per order |
| Equity Intraday | ₹0 | 0.04% per order |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Margin (Exposure)
| mStock | 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 |
mStock Vs Progressive Share Brokers - Other Charges
| mStock | 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 | ₹0 (Free) | 0.04% per order |
| Minimum Brokerage | ₹0 (Free) | 0.04% per order |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - STT/CTT
| mStock | 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 | 0.0125% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Demat transaction charges
| mStock | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | ₹10 per request |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - GST
| mStock | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - SEBI Charges
| mStock | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/Crore |
| Call Back Open Account |
mStock Vs Progressive Share Brokers - Features
| mStock | 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. Mstock Mobile App, 2. Mstock Web Portal | 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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| Call Back Open Account |