Progressive Share Brokers Vs Elite Wealth
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
Progressive Share Brokers Vs Elite Wealth - Broker Details
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 1990 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 3 | N/A |
| Brokerage | 0.04% per order | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
Progressive Share Brokers Vs Elite Wealth - Account Opening & AMC Charges
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method |
| Trading Account AMC | NA | ₹0 (Free) |
Progressive Share Brokers Vs Elite Wealth - Brokerage charges & Plans
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.04% per order | 0.03% |
| Currency Futures | 0.04% per order | 0.03% |
| Equity Delivery | 0.35% per order | 0.33% |
| Equity Options | ₹35 per lot | ₹33 per Lot |
| Commodity Options | ₹35 per lot | 0.03% |
| Equity Futures | 0.04% per order | 0.03% |
| Currency Options | ₹15 per lot | ₹33 per Lot |
| Fixed Charges | 0.04% per order | 0.03% |
| Equity Intraday | 0.04% per order | 0.03% |
Progressive Share Brokers Vs Elite Wealth - Other Charges
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹0 (Free) |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹0 (Free) |
| Other Brokerage Charges | 0.04% per order | 0.03% |
| Minimum Brokerage | 0.04% per order | 0.03% |
Progressive Share Brokers Vs Elite Wealth - Transaction Charges
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% on Premium value |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Progressive Share Brokers Vs Elite Wealth - Margin (Exposure)
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| 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 Elite Wealth - Features
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Progressive Share Brokers Vs Elite Wealth - Review & Rating
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Progressive Share Brokers Vs Elite Wealth - Request a call back from Broker
| Progressive Share Brokers | Elite Wealth | |
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Progressive Share Brokers Vs Elite Wealth - Investment Options
| Progressive Share Brokers | Elite Wealth | |
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| 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 Elite Wealth - Order Type
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| 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 Elite Wealth - Research & Report
| Progressive Share Brokers | Elite Wealth | |
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| 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 Elite Wealth - Daily Market Report
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Progressive Share Brokers Vs Elite Wealth - Suitable For Investor
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Progressive Share Brokers Vs Elite Wealth - Pros & Cons
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. |
Progressive Share Brokers Vs Elite Wealth - Background
| Progressive Share Brokers | Elite Wealth | |
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Progressive Share Brokers Vs Elite Wealth - Compare All Brokers
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
Progressive Share Brokers Vs Elite Wealth - STT/CTT
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| 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 Sell |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Progressive Share Brokers Vs Elite Wealth - Demat transaction charges
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | No Charges |
Progressive Share Brokers Vs Elite Wealth - GST
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Progressive Share Brokers Vs Elite Wealth - SEBI Charges
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs Elite Wealth - Account Opening & AMC Charges
Progressive Share Brokers
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs Elite Wealth
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Progressive Share Brokers Vs Elite Wealth - Brokerage charges & Plans
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.04% per order | 0.03% |
| Currency Futures | 0.04% per order | 0.03% |
| Equity Delivery | 0.35% per order | 0.33% |
| Equity Options | ₹35 per lot | ₹33 per Lot |
| Commodity Options | ₹35 per lot | 0.03% |
| Equity Futures | 0.04% per order | 0.03% |
| Currency Options | ₹15 per lot | ₹33 per Lot |
| Fixed Charges | 0.04% per order | 0.03% |
| Equity Intraday | 0.04% per order | 0.03% |
Progressive Share Brokers Vs Elite Wealth - Margin (Exposure)
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| 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 Elite Wealth - Other Charges
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹0 (Free) |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹0 (Free) |
| Other Brokerage Charges | 0.04% per order | 0.03% |
| Minimum Brokerage | 0.04% per order | 0.03% |
Progressive Share Brokers Vs Elite Wealth - STT/CTT
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| 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 Sell |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Progressive Share Brokers Vs Elite Wealth - Demat transaction charges
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | No Charges |
Progressive Share Brokers Vs Elite Wealth - GST
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Progressive Share Brokers Vs Elite Wealth - SEBI Charges
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs Elite Wealth - Features
| Progressive Share Brokers | Elite Wealth | |
|---|---|---|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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