Progressive Share Brokers Vs SMC Global
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
SMC Global
SMC Global Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Progressive Share Brokers Vs SMC Global - Broker Details
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 1990 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX and NCDEX |
| Branches | 3 | 50+ |
| Brokerage | 0.04% per order | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Account Opening & AMC Charges
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Brokerage charges & Plans
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Commodity Futures | 0.04% per order | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Currency Futures | 0.04% per order | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Equity Delivery | 0.35% per order | Elite-0.15%(Brokerage cash back-50k) |Premia-0.20%(Brokerage cash back-25k) Preferred-0.30%(Brokerage cash back-10k) |Lite-Basic-0.35%(Brokerage cash back-2.5k)|Basic-0.40%(Brokerage cash back-1k) |
| Equity Options | ₹35 per lot | Elite-₹30/Lot (Brokerage cash back-50k) |Premia-₹40/Lot(Brokerage cash back-25k) Preferred- ₹50/Lot(Brokerage cash back-10k) |Lite-Basic-₹60/Lot(Brokerage cash back-2.5k)|Basic-₹75/Lot(Brokerage cash back-1k) |
| Commodity Options | ₹35 per lot | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Equity Futures | 0.04% per order | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Currency Options | ₹15 per lot | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Fixed Charges | 0.04% per order | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Equity Intraday | 0.04% per order | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Other Charges
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹0 (Free) |
| API Charges | Free API | N/A |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹0 (Free) |
| Other Brokerage Charges | 0.04% per order | Elite-0.015% | Premia-0.02% | Preferred- 0.03% | Lite-Basic-0.035% | Basic-0.04% |
| Minimum Brokerage | 0.04% per order | 0.03% |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Transaction Charges
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | 0.065% (on premium) |
| Equity Futures | NSE: 0.0019% | 0.0029% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 0.0035% |
| Equity Options | NSE: 0.05% (on premium) | 0.065% (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | 0.0030% |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | 0.0029% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 0.0035% |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Margin (Exposure)
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| 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) |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Features
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| 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.SMC ACE- Mobile App 2.SMC Privilege 3.Browser based- Select, Exclusive. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Review & Rating
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| 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 SMC Global - Request a call back from Broker
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Investment Options
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| 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 |
Progressive Share Brokers Vs SMC Global - Order Type
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| 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 |
Progressive Share Brokers Vs SMC Global - Research & Report
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| 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 |
Progressive Share Brokers Vs SMC Global - Daily Market Report
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Suitable For Investor
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Pros & Cons
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1.Research support by a pool of skilled research analysts 2. Call and trade facility is also available 3.Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders 4.Competitive brokerage rates. 5.SMS service providing intraday research support to the clients |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1.They don't offer 3 in 1 account 2.There charge extra for their featured products 3.Advanced charting is not available in the app |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Background
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Compare All Brokers
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - STT/CTT
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| 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 buy & 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 |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Demat transaction charges
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹15 + GST per scrip only on sell |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - GST
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - SEBI Charges
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Account Opening & AMC Charges
Progressive Share Brokers
SMC Global
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs SMC Global
| Progressive Share Brokers | SMC Global | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
SMC Global Review | Brokerage Charges, Account OpeningSMC Global Securities Limited is the joint venture of Mr. Subhash C. Aggarwal and Mahesh C. Gupta who were the members of the institute of Chartered Accountants of India. SMC global about to be new one shop investment platform established in 1990 as a financial service provider. SM .. |
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SMC Global
SMC Global Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Progressive Share Brokers Vs SMC Global - Brokerage charges & Plans
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Commodity Futures | 0.04% per order | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Currency Futures | 0.04% per order | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Equity Delivery | 0.35% per order | Elite-0.15%(Brokerage cash back-50k) |Premia-0.20%(Brokerage cash back-25k) Preferred-0.30%(Brokerage cash back-10k) |Lite-Basic-0.35%(Brokerage cash back-2.5k)|Basic-0.40%(Brokerage cash back-1k) |
| Equity Options | ₹35 per lot | Elite-₹30/Lot (Brokerage cash back-50k) |Premia-₹40/Lot(Brokerage cash back-25k) Preferred- ₹50/Lot(Brokerage cash back-10k) |Lite-Basic-₹60/Lot(Brokerage cash back-2.5k)|Basic-₹75/Lot(Brokerage cash back-1k) |
| Commodity Options | ₹35 per lot | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Equity Futures | 0.04% per order | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Currency Options | ₹15 per lot | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Fixed Charges | 0.04% per order | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Equity Intraday | 0.04% per order | Elite-0.015%(Brokerage cash back-50k) |Premia-0.02%(Brokerage cash back-25k) Preferred- 0.03%(Brokerage cash back-10k) |Lite-Basic-0.035%(Brokerage cash back-2.5k)|Basic-0.04%(Brokerage cash back-1k) |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Margin (Exposure)
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| 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) |
| Call Back Open Account |
Progressive Share Brokers Vs SMC Global - Other Charges
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹0 (Free) |
| API Charges | Free API | N/A |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹0 (Free) |
| Other Brokerage Charges | 0.04% per order | Elite-0.015% | Premia-0.02% | Preferred- 0.03% | Lite-Basic-0.035% | Basic-0.04% |
| Minimum Brokerage | 0.04% per order | 0.03% |
Progressive Share Brokers Vs SMC Global - STT/CTT
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| 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 buy & 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 SMC Global - Demat transaction charges
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹15 + GST per scrip only on sell |
Progressive Share Brokers Vs SMC Global - GST
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Progressive Share Brokers Vs SMC Global - SEBI Charges
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs SMC Global - Features
| Progressive Share Brokers | SMC Global | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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.SMC ACE- Mobile App 2.SMC Privilege 3.Browser based- Select, Exclusive. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |