Paytm Money Vs Progressive Share Brokers
Paytm Money
Paytm Money gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, We can also review Paytm Money Demat Account Charges, NRI Account, Branches, Customer Complaints, 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
Paytm Money Vs Progressive Share Brokers - Broker Details
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2018 | 1996 |
| Exchanges | BSE and NSE | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 3 |
| Brokerage | ₹15/ Order | 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Account Opening & AMC Charges
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Brokerage charges & Plans
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.04% per order |
| Currency Futures | N/A | 0.04% per order |
| Equity Delivery | 2.5% or ₹15/Order | 0.35% per order |
| Equity Options | ₹15/ Order | ₹35 per lot |
| Commodity Options | N/A | ₹35 per lot |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | 0.04% per order |
| Currency Options | N/A | ₹15 per lot |
| Fixed Charges | ₹15/ Order | 0.04% per order |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | 0.04% per order |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Other Charges
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹100/ Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹15/ Order | 0.04% per order |
| Minimum Brokerage | ₹15/ Order | 0.04% per order |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Transaction Charges
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Currency Options | N/A | Exchange txn charge: 0.035% |
| Equity Futures | NSE - 0.002% | NSE: 0.0019% |
| Equity Intraday | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.053% on Option 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 | N/A | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Margin (Exposure)
| Paytm Money | 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 | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 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 |
Paytm Money Vs Progressive Share Brokers - Features
| Paytm Money | 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 | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile 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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| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Review & Rating
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Request a call back from Broker
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Investment Options
| Paytm Money | 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 |
Paytm Money Vs Progressive Share Brokers - Order Type
| Paytm Money | 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 |
Paytm Money Vs Progressive Share Brokers - Research & Report
| Paytm Money | 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 |
Paytm Money Vs Progressive Share Brokers - Daily Market Report
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Suitable For Investor
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Pros & Cons
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. Simple and user friendly Trading Platform 2. Lowest trading charges and free Equity delivery 3. No maintenance Charges 4. Instant Account open 5. You can invest in digital gold, Mutual Fund and NPS | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1. Zero Margin Facility 2. Paytm Money do not offer NRI Trading 3. Commodity and Currency trading are not Available in Paytm Money 4. There is no Branch Support | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Background
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Compare All Brokers
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - STT/CTT
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | 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 | N/A | 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 | N/A | 0.05% on sell side |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Demat transaction charges
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | ₹10 per request |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - GST
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - SEBI Charges
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Account Opening & AMC Charges
Paytm Money
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Paytm Money Vs Progressive Share Brokers
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
Paytm Money Review | Brokerage Charges, Account OpeningPaytm announced its entry into stockbroking through the launch of Paytm Money. The discount broker Paytm Money is an online investment and advisory platform targeted at first-time users. It’s a subsidiary of Noida-based One97 Communications, the company that owns Paytm, and is India’s largest digital payment platfo .. + " 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
Paytm Money Vs Progressive Share Brokers - Brokerage charges & Plans
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.04% per order |
| Currency Futures | N/A | 0.04% per order |
| Equity Delivery | 2.5% or ₹15/Order | 0.35% per order |
| Equity Options | ₹15/ Order | ₹35 per lot |
| Commodity Options | N/A | ₹35 per lot |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | 0.04% per order |
| Currency Options | N/A | ₹15 per lot |
| Fixed Charges | ₹15/ Order | 0.04% per order |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | 0.04% per order |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Margin (Exposure)
| Paytm Money | 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 | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 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 |
Paytm Money Vs Progressive Share Brokers - Other Charges
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹100/ Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹15/ Order | 0.04% per order |
| Minimum Brokerage | ₹15/ Order | 0.04% per order |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - STT/CTT
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | 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 | N/A | 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 | N/A | 0.05% on sell side |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Demat transaction charges
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | ₹10 per request |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - GST
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - SEBI Charges
| Paytm Money | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Paytm Money Vs Progressive Share Brokers - Features
| Paytm Money | 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 | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
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| Call Back Open Account |