Progressive Share Brokers Vs Zerodha
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
Zerodha
Zerodha 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 Zerodha - Broker Details
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 2010 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 3 | 120+ |
| Brokerage | 0.04% per order | ₹20/ Order or 0.03% |
| Broker Type | Full Service Broker | Discount Broker |
Progressive Share Brokers Vs Zerodha - Account Opening & AMC Charges
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account AMC | ₹250 per Year | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | NA | ₹0 (Free) |
Progressive Share Brokers Vs Zerodha - Brokerage charges & Plans
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.35% per order | Zero Brokerage |
| Equity Options | ₹35 per lot | ₹20/ Order |
| Commodity Options | ₹35 per lot | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹15 per lot | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | 0.04% per order | ₹20/Order |
| Equity Intraday | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
Progressive Share Brokers Vs Zerodha - Other Charges
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | (₹50 + GST) |
| API Charges | Free API | ₹2000/ Month |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹50/ Order |
| Other Brokerage Charges | 0.04% per order | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs Zerodha - Transaction Charges
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
| Equity Futures | NSE: 0.0019% | NSE: 0.002% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% | BSE: 0.00345% |
Progressive Share Brokers Vs Zerodha - Margin (Exposure)
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
Progressive Share Brokers Vs Zerodha - Features
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Progressive Share Brokers Vs Zerodha - Review & Rating
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| 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 Zerodha - Request a call back from Broker
| Progressive Share Brokers | Zerodha | |
|---|---|---|
Progressive Share Brokers Vs Zerodha - Investment Options
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| 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 Zerodha - Order Type
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| 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 Zerodha - Research & Report
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| 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 Zerodha - Daily Market Report
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
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Progressive Share Brokers Vs Zerodha - Suitable For Investor
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Progressive Share Brokers Vs Zerodha - Pros & Cons
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
Progressive Share Brokers Vs Zerodha - Background
| Progressive Share Brokers | Zerodha | |
|---|---|---|
Progressive Share Brokers Vs Zerodha - Compare All Brokers
| Progressive Share Brokers | Zerodha | |
|---|---|---|
Progressive Share Brokers Vs Zerodha - STT/CTT
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| 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 Zerodha - Demat transaction charges
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹13.5 + Gst per scrip (stock) |
Progressive Share Brokers Vs Zerodha - GST
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Progressive Share Brokers Vs Zerodha - SEBI Charges
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Progressive Share Brokers Vs Zerodha - Account Opening & AMC Charges
Progressive Share Brokers
Zerodha
Trading Account Opening Charge
₹0 (Free)
₹200
Demat Account Opening Charge
₹0 (Free)
₹200
Demat Account AMC
₹250 per Year
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs Zerodha
| Progressive Share Brokers | Zerodha | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
Zerodha Review 2024 |
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Zerodha
Zerodha 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 Zerodha - Brokerage charges & Plans
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.35% per order | Zero Brokerage |
| Equity Options | ₹35 per lot | ₹20/ Order |
| Commodity Options | ₹35 per lot | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹15 per lot | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | 0.04% per order | ₹20/Order |
| Equity Intraday | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Progressive Share Brokers Vs Zerodha - Margin (Exposure)
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
Progressive Share Brokers Vs Zerodha - Other Charges
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | (₹50 + GST) |
| API Charges | Free API | ₹2000/ Month |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹50/ Order |
| Other Brokerage Charges | 0.04% per order | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs Zerodha - STT/CTT
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| 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 Zerodha - Demat transaction charges
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹13.5 + Gst per scrip (stock) |
Progressive Share Brokers Vs Zerodha - GST
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Progressive Share Brokers Vs Zerodha - SEBI Charges
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Progressive Share Brokers Vs Zerodha - Features
| Progressive Share Brokers | Zerodha | |
|---|---|---|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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