Progressive Share Brokers Vs Definedge Securities
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
Definedge Securities
Progressive Share Brokers Vs Definedge Securities - Broker Details
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX. |
| Branches | 3 | 270 |
| Brokerage | 0.04% per order | ₹18 per executed order |
| Broker Type | Full Service Broker | Discount Broker |
Progressive Share Brokers Vs Definedge Securities - Account Opening & AMC Charges
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹300 |
| Trading Account AMC | NA | ₹300 AMC |
Progressive Share Brokers Vs Definedge Securities - Brokerage charges & Plans
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.04% per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | 0.04% per order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | 0.35% per order | ₹0 (Free) |
| Equity Options | ₹35 per lot | ₹18 per executed order |
| Commodity Options | ₹35 per lot | ₹18 per executed order |
| Equity Futures | 0.04% per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹15 per lot | ₹18 per executed order |
| Fixed Charges | 0.04% per order | ₹18 per executed order |
| Equity Intraday | 0.04% per order | 0.03% or ₹ 18 per executed order whichever is lower |
Progressive Share Brokers Vs Definedge Securities - Other Charges
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹0 (Free) |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹36/- per order |
| Other Brokerage Charges | 0.04% per order | ₹18 per executed order |
| Minimum Brokerage | 0.04% per order | ₹18 per executed order |
Progressive Share Brokers Vs Definedge Securities - Transaction Charges
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE: 0.0019% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE: 0.05% (on premium) | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Progressive Share Brokers Vs Definedge Securities - Margin (Exposure)
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| 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) |
Progressive Share Brokers Vs Definedge Securities - Features
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Progressive Share Brokers Vs Definedge Securities - Review & Rating
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Progressive Share Brokers Vs Definedge Securities - Request a call back from Broker
| Progressive Share Brokers | Definedge Securities | |
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Progressive Share Brokers Vs Definedge Securities - Investment Options
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| 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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Progressive Share Brokers Vs Definedge Securities - Order Type
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| 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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Progressive Share Brokers Vs Definedge Securities - Research & Report
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| 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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Progressive Share Brokers Vs Definedge Securities - Daily Market Report
| Progressive Share Brokers | Definedge Securities | |
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| Daily Market Reports & News |
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Progressive Share Brokers Vs Definedge Securities - Suitable For Investor
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Progressive Share Brokers Vs Definedge Securities - Pros & Cons
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
Progressive Share Brokers Vs Definedge Securities - Background
| Progressive Share Brokers | Definedge Securities | |
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Progressive Share Brokers Vs Definedge Securities - Compare All Brokers
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
Progressive Share Brokers Vs Definedge Securities - STT/CTT
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| 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 | 0.0625% on sell side (on premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.0125% on sell side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Progressive Share Brokers Vs Definedge Securities - Demat transaction charges
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹0 (Free) |
Progressive Share Brokers Vs Definedge Securities - GST
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Progressive Share Brokers Vs Definedge Securities - SEBI Charges
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Progressive Share Brokers Vs Definedge Securities - Account Opening & AMC Charges
Progressive Share Brokers
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹300
Trading Account AMC
NA
₹300 AMC
Progressive Share Brokers Vs Definedge Securities
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Progressive Share Brokers Vs Definedge Securities - Brokerage charges & Plans
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.04% per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | 0.04% per order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | 0.35% per order | ₹0 (Free) |
| Equity Options | ₹35 per lot | ₹18 per executed order |
| Commodity Options | ₹35 per lot | ₹18 per executed order |
| Equity Futures | 0.04% per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹15 per lot | ₹18 per executed order |
| Fixed Charges | 0.04% per order | ₹18 per executed order |
| Equity Intraday | 0.04% per order | 0.03% or ₹ 18 per executed order whichever is lower |
Progressive Share Brokers Vs Definedge Securities - Margin (Exposure)
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| 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) |
Progressive Share Brokers Vs Definedge Securities - Other Charges
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹0 (Free) |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹36/- per order |
| Other Brokerage Charges | 0.04% per order | ₹18 per executed order |
| Minimum Brokerage | 0.04% per order | ₹18 per executed order |
Progressive Share Brokers Vs Definedge Securities - STT/CTT
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| 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 | 0.0625% on sell side (on premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.0125% on sell side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Progressive Share Brokers Vs Definedge Securities - Demat transaction charges
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹0 (Free) |
Progressive Share Brokers Vs Definedge Securities - GST
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Progressive Share Brokers Vs Definedge Securities - SEBI Charges
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Progressive Share Brokers Vs Definedge Securities - Features
| Progressive Share Brokers | Definedge Securities | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
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