Sernet Financial Vs Progressive Share Brokers
Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
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
Sernet Financial Vs Progressive Share Brokers - Broker Details
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 1996 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | NA | 3 |
| Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Sernet Financial Vs Progressive Share Brokers - Account Opening & AMC Charges
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee | ₹0 (Free) |
| Demat Account Opening Charge | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee | ₹0 (Free) |
| Demat Account AMC | PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) | ₹250 per Year |
| Trading Account AMC | PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) | NA |
Sernet Financial Vs Progressive Share Brokers - Brokerage charges & Plans
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
| Currency Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
| Equity Delivery | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% | 0.35% per order |
| Equity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹35 per lot |
| Commodity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹35 per lot |
| Equity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
| Currency Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹15 per lot |
| Fixed Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
| Equity Intraday | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
Sernet Financial Vs Progressive Share Brokers - Other Charges
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹20 per Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
| Minimum Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
Sernet Financial Vs Progressive Share Brokers - Transaction Charges
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% | Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.0019% | NSE: 0.0019% |
| Equity Intraday | NSE: 0.00325% | BSE: 0.00325% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) | NSE: 0.05% (on premium) |
| Commodity | Exchange txn charge: 0.05% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE: 0.00325% | BSE: 0.00325% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Sernet Financial Vs Progressive Share Brokers - Margin (Exposure)
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of NRML 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 NRML margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Sernet Financial Vs Progressive Share Brokers - Features
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Sernet Financial Vs Progressive Share Brokers - Review & Rating
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Sernet Financial Vs Progressive Share Brokers - Request a call back from Broker
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
Sernet Financial Vs Progressive Share Brokers - Investment Options
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| 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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Sernet Financial Vs Progressive Share Brokers - Order Type
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| 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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Sernet Financial Vs Progressive Share Brokers - Research & Report
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| 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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Sernet Financial Vs Progressive Share Brokers - Daily Market Report
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Sernet Financial Vs Progressive Share Brokers - Suitable For Investor
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Sernet Financial Vs Progressive Share Brokers - Pros & Cons
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. Known for their reliability and integrity in managing clients' assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1. Limited Global Investment Options 2. Limited Advanced Trading Features 3. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Sernet Financial Vs Progressive Share Brokers - Background
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
Sernet Financial Vs Progressive Share Brokers - Compare All Brokers
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
Sernet Financial Vs Progressive Share Brokers - STT/CTT
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 0.025% on the sell side |
| Equity Options | 0.0625% on sell side (on premium) | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Sernet Financial Vs Progressive Share Brokers - Demat transaction charges
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip | ₹10 per request |
Sernet Financial Vs Progressive Share Brokers - GST
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Sernet Financial Vs Progressive Share Brokers - SEBI Charges
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sernet Financial Vs Progressive Share Brokers - Account Opening & AMC Charges
Sernet Financial
Progressive Share Brokers
Trading Account Opening Charge
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
₹0 (Free)
Demat Account Opening Charge
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
₹0 (Free)
Demat Account AMC
PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
₹250 per Year
Trading Account AMC
PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
NA
Sernet Financial Vs Progressive Share Brokers
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
Sernet Financial Account Opening Process and Charges Details |
Progressive Share Brokers Account Opening Process and Charges |
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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
Sernet Financial Vs Progressive Share Brokers - Brokerage charges & Plans
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
| Currency Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
| Equity Delivery | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% | 0.35% per order |
| Equity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹35 per lot |
| Commodity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹35 per lot |
| Equity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
| Currency Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹15 per lot |
| Fixed Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
| Equity Intraday | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
Sernet Financial Vs Progressive Share Brokers - Margin (Exposure)
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of NRML 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 NRML margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Sernet Financial Vs Progressive Share Brokers - Other Charges
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹20 per Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
| Minimum Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.04% per order |
Sernet Financial Vs Progressive Share Brokers - STT/CTT
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 0.025% on the sell side |
| Equity Options | 0.0625% on sell side (on premium) | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Sernet Financial Vs Progressive Share Brokers - Demat transaction charges
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip | ₹10 per request |
Sernet Financial Vs Progressive Share Brokers - GST
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Sernet Financial Vs Progressive Share Brokers - SEBI Charges
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sernet Financial Vs Progressive Share Brokers - Features
| Sernet Financial | Progressive Share Brokers | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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