Nirman Broking Vs Progressive Share Brokers
Nirman Broking
Nirman Broking 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
Nirman Broking Vs Progressive Share Brokers - Broker Details
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1987 | 1996 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 20 | 3 |
| Brokerage | ₹20 per executed order or 0.05% | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Nirman Broking Vs Progressive Share Brokers - Account Opening & AMC Charges
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹360 + GST per year | ₹250 per Year |
| Trading Account AMC | N/A | NA |
Nirman Broking Vs Progressive Share Brokers - Brokerage charges & Plans
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.04% per order |
| Currency Futures | ₹20 per executed per order or 0.05% | 0.04% per order |
| Equity Delivery | ₹20 or 2.5% | 0.35% per order |
| Equity Options | Flat ₹20 per executed per order | ₹35 per lot |
| Commodity Options | Flat ₹20 per executed per order | ₹35 per lot |
| Equity Futures | ₹20 per executed order or 0.05% | 0.04% per order |
| Currency Options | Flat ₹20 per executed per order | ₹15 per lot |
| Fixed Charges | ₹20 per executed order or 0.05% | 0.04% per order |
| Equity Intraday | ₹20 per executed order or 0.05% | 0.04% per order |
Nirman Broking Vs Progressive Share Brokers - Other Charges
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹20 per order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20 per executed order or 0.05% | 0.04% per order |
| Minimum Brokerage | ₹20 per executed order or 0.05% | 0.04% per order |
Nirman Broking Vs Progressive Share Brokers - Transaction Charges
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE ₹500/Cr (0.005%) (on premium) | Exchange txn charge: 0.035% |
| Equity Futures | NSE: ₹200/Cr (0.0019%) | NSE: 0.0019% |
| Equity Intraday | NSE: ₹345/Cr (0.00325%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE ₹5000/Cr (0.05%) (on premium) | NSE: 0.05% (on premium) |
| Commodity | N/A | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE ₹120/Cr (0.0012%) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE: ₹345/Cr (0.00325%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Nirman Broking Vs Progressive Share Brokers - Margin (Exposure)
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 6x (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)) |
Nirman Broking Vs Progressive Share Brokers - Features
| Nirman Broking | 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software | 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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Nirman Broking Vs Progressive Share Brokers - Review & Rating
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Nirman Broking Vs Progressive Share Brokers - Request a call back from Broker
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
Nirman Broking Vs Progressive Share Brokers - Investment Options
| Nirman Broking | 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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Nirman Broking Vs Progressive Share Brokers - Order Type
| Nirman Broking | 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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Nirman Broking Vs Progressive Share Brokers - Research & Report
| Nirman Broking | 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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Nirman Broking Vs Progressive Share Brokers - Daily Market Report
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Nirman Broking Vs Progressive Share Brokers - Suitable For Investor
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Nirman Broking Vs Progressive Share Brokers - Pros & Cons
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1. Market volatility and potential investment risks, 2. Technology Issues 3. Dependency on market conditions and economic factors, | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Nirman Broking Vs Progressive Share Brokers - Background
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
Nirman Broking Vs Progressive Share Brokers - Compare All Brokers
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
Nirman Broking Vs Progressive Share Brokers - STT/CTT
| Nirman Broking | 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 buy & 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 |
Nirman Broking Vs Progressive Share Brokers - Demat transaction charges
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹10 per request |
Nirman Broking Vs Progressive Share Brokers - GST
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Nirman Broking Vs Progressive Share Brokers - SEBI Charges
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirman Broking Vs Progressive Share Brokers - Account Opening & AMC Charges
Nirman Broking
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹360 + GST per year
₹250 per Year
Trading Account AMC
N/A
NA
Nirman Broking Vs Progressive Share Brokers
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
Nirman Broking Account Opening Process and Charges |
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
Nirman Broking Vs Progressive Share Brokers - Brokerage charges & Plans
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.04% per order |
| Currency Futures | ₹20 per executed per order or 0.05% | 0.04% per order |
| Equity Delivery | ₹20 or 2.5% | 0.35% per order |
| Equity Options | Flat ₹20 per executed per order | ₹35 per lot |
| Commodity Options | Flat ₹20 per executed per order | ₹35 per lot |
| Equity Futures | ₹20 per executed order or 0.05% | 0.04% per order |
| Currency Options | Flat ₹20 per executed per order | ₹15 per lot |
| Fixed Charges | ₹20 per executed order or 0.05% | 0.04% per order |
| Equity Intraday | ₹20 per executed order or 0.05% | 0.04% per order |
Nirman Broking Vs Progressive Share Brokers - Margin (Exposure)
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 6x (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)) |
Nirman Broking Vs Progressive Share Brokers - Other Charges
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹20 per order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20 per executed order or 0.05% | 0.04% per order |
| Minimum Brokerage | ₹20 per executed order or 0.05% | 0.04% per order |
Nirman Broking Vs Progressive Share Brokers - STT/CTT
| Nirman Broking | 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 buy & 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 |
Nirman Broking Vs Progressive Share Brokers - Demat transaction charges
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹10 per request |
Nirman Broking Vs Progressive Share Brokers - GST
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Nirman Broking Vs Progressive Share Brokers - SEBI Charges
| Nirman Broking | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirman Broking Vs Progressive Share Brokers - Features
| Nirman Broking | 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software | 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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