Progressive Share Brokers Vs Sharekhan
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
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Progressive Share Brokers Vs Sharekhan - Broker Details
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1996 | 2000 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX. |
| Branches | 3 | 153+ |
| Brokerage | 0.04% per order | 0.03% |
| Broker Type | Full Service Broker | Discount Broker |
Progressive Share Brokers Vs Sharekhan - Account Opening & AMC Charges
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹400 (from 2nd year) |
| Trading Account AMC | NA | ₹0 (Free) |
Progressive Share Brokers Vs Sharekhan - Brokerage charges & Plans
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Commodity Futures | 0.04% per order | 0.03% per transaction value |
| Currency Futures | 0.04% per order | 0.03% per transaction value |
| Equity Delivery | 0.35% per order | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹35 per lot | ₹60/ Lot |
| Commodity Options | ₹35 per lot | ₹60/ Lot |
| Equity Futures | 0.04% per order | 0.03% per transaction value |
| Currency Options | ₹15 per lot | ₹20/ Lot |
| Fixed Charges | 0.04% per order | ₹1,00,000/ Year |
| Equity Intraday | 0.04% per order | 0.03% per transaction value |
Progressive Share Brokers Vs Sharekhan - Other Charges
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| 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 | ₹1,00,000/ Year |
| Minimum Brokerage | 0.04% per order | 0.10% |
Progressive Share Brokers Vs Sharekhan - Transaction Charges
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| 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 Sharekhan - Margin (Exposure)
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1 time (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 Sharekhan - Features
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| 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. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Progressive Share Brokers Vs Sharekhan - Review & Rating
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Progressive Share Brokers Vs Sharekhan - Request a call back from Broker
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
Progressive Share Brokers Vs Sharekhan - Investment Options
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Progressive Share Brokers Vs Sharekhan - Order Type
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Progressive Share Brokers Vs Sharekhan - Research & Report
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Progressive Share Brokers Vs Sharekhan - Daily Market Report
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Daily Market Reports & News |
|
|
Progressive Share Brokers Vs Sharekhan - Suitable For Investor
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Progressive Share Brokers Vs Sharekhan - Pros & Cons
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities. |
Progressive Share Brokers Vs Sharekhan - Background
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
Progressive Share Brokers Vs Sharekhan - Compare All Brokers
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
Progressive Share Brokers Vs Sharekhan - STT/CTT
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| 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 Sharekhan - Demat transaction charges
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹0 (Free) |
Progressive Share Brokers Vs Sharekhan - GST
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Progressive Share Brokers Vs Sharekhan - SEBI Charges
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Progressive Share Brokers Vs Sharekhan - Account Opening & AMC Charges
Progressive Share Brokers
Sharekhan
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹400 (from 2nd year)
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs Sharekhan
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
Sharekhan Review | Brokerage Charges, Account OpeningSharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie .. |
|
|
|
|
|
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Progressive Share Brokers Vs Sharekhan - Brokerage charges & Plans
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Commodity Futures | 0.04% per order | 0.03% per transaction value |
| Currency Futures | 0.04% per order | 0.03% per transaction value |
| Equity Delivery | 0.35% per order | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹35 per lot | ₹60/ Lot |
| Commodity Options | ₹35 per lot | ₹60/ Lot |
| Equity Futures | 0.04% per order | 0.03% per transaction value |
| Currency Options | ₹15 per lot | ₹20/ Lot |
| Fixed Charges | 0.04% per order | ₹1,00,000/ Year |
| Equity Intraday | 0.04% per order | 0.03% per transaction value |
| Call Back Open Account |
Progressive Share Brokers Vs Sharekhan - Margin (Exposure)
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1 time (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 Sharekhan - Other Charges
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| 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 | ₹1,00,000/ Year |
| Minimum Brokerage | 0.04% per order | 0.10% |
Progressive Share Brokers Vs Sharekhan - STT/CTT
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| 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 Sharekhan - Demat transaction charges
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹0 (Free) |
Progressive Share Brokers Vs Sharekhan - GST
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Progressive Share Brokers Vs Sharekhan - SEBI Charges
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Progressive Share Brokers Vs Sharekhan - Features
| Progressive Share Brokers | Sharekhan | |
|---|---|---|
| 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. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|