Progressive Share Brokers Vs SBICAP 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
SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
Progressive Share Brokers Vs SBICAP Securities - Broker Details
| Progressive Share Brokers | SBICAP Securities | |
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| Single Margin Facility |
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| Year of Incorporation | 1996 | 1986 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE |
| Branches | 3 | 141+ |
| Brokerage | 0.04% per order | 0.075% |
| Broker Type | Full Service Broker | Full service Broker |
Progressive Share Brokers Vs SBICAP Securities - Account Opening & AMC Charges
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹850/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹750 (₹500/- for e-statement) |
| Trading Account AMC | NA | ₹0 (Free) |
Progressive Share Brokers Vs SBICAP Securities - Brokerage charges & Plans
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Commodity Futures | 0.04% per order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | 0.04% per order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | 0.35% per order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹35 per lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | ₹35 per lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | 0.04% per order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | ₹15 per lot | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | 0.04% per order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | 0.04% per order | Intraday:- 0.075% | Delivery:- 0.50% |
Progressive Share Brokers Vs SBICAP Securities - Other Charges
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹20/Order |
| API Charges | Free API | N/A |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹10/Order |
| Other Brokerage Charges | 0.04% per order | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | 0.04% per order | ₹20/Order |
Progressive Share Brokers Vs SBICAP Securities - Transaction Charges
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE: 0.05515% ( ₹5515/Crore) |
| Equity Futures | NSE: 0.0019% | NSE:- 0.002206% ( ₹221/Crore) |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00386% | BSE: 0.00384% |
| Equity Options | NSE: 0.05% (on premium) | NSE- 0.05515% (Rs.5515/crore) |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | N/A |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | 0.002206% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00386% | BSE: 0.00384% |
Progressive Share Brokers Vs SBICAP Securities - Margin (Exposure)
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs SBICAP Securities - Features
| Progressive Share Brokers | SBICAP 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Progressive Share Brokers Vs SBICAP Securities - Review & Rating
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Progressive Share Brokers Vs SBICAP Securities - Request a call back from Broker
| Progressive Share Brokers | SBICAP Securities | |
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Progressive Share Brokers Vs SBICAP Securities - Investment Options
| Progressive Share Brokers | SBICAP 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 SBICAP Securities - Order Type
| Progressive Share Brokers | SBICAP 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 SBICAP Securities - Research & Report
| Progressive Share Brokers | SBICAP 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 SBICAP Securities - Daily Market Report
| Progressive Share Brokers | SBICAP Securities | |
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| Daily Market Reports & News |
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Progressive Share Brokers Vs SBICAP Securities - Suitable For Investor
| Progressive Share Brokers | SBICAP Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Progressive Share Brokers Vs SBICAP Securities - Pros & Cons
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. |
Progressive Share Brokers Vs SBICAP Securities - Background
| Progressive Share Brokers | SBICAP Securities | |
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Progressive Share Brokers Vs SBICAP Securities - Compare All Brokers
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
Progressive Share Brokers Vs SBICAP Securities - STT/CTT
| Progressive Share Brokers | SBICAP 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(on Premium) |
| 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 SBICAP Securities - Demat transaction charges
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹10 + GST per scrip only on sell |
Progressive Share Brokers Vs SBICAP Securities - GST
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Progressive Share Brokers Vs SBICAP Securities - SEBI Charges
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs SBICAP Securities - Account Opening & AMC Charges
Progressive Share Brokers
SBICAP Securities
Trading Account Opening Charge
₹0 (Free)
₹850/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹750 (₹500/- for e-statement)
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs SBICAP Securities
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
SBICAP Securities Review | Brokerage Charges, Account OpeningIncorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries. • SBICAP Securities Limited • SBICAP V .. |
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SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
Progressive Share Brokers Vs SBICAP Securities - Brokerage charges & Plans
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Commodity Futures | 0.04% per order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | 0.04% per order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | 0.35% per order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹35 per lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | ₹35 per lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | 0.04% per order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | ₹15 per lot | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | 0.04% per order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | 0.04% per order | Intraday:- 0.075% | Delivery:- 0.50% |
Progressive Share Brokers Vs SBICAP Securities - Margin (Exposure)
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs SBICAP Securities - Other Charges
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹20/Order |
| API Charges | Free API | N/A |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹10/Order |
| Other Brokerage Charges | 0.04% per order | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | 0.04% per order | ₹20/Order |
Progressive Share Brokers Vs SBICAP Securities - STT/CTT
| Progressive Share Brokers | SBICAP 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(on Premium) |
| 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 SBICAP Securities - Demat transaction charges
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹10 + GST per scrip only on sell |
Progressive Share Brokers Vs SBICAP Securities - GST
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Progressive Share Brokers Vs SBICAP Securities - SEBI Charges
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs SBICAP Securities - Features
| Progressive Share Brokers | SBICAP Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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