GarvThakur.com

STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS
Login / Sign Up

Quick Comparision (Upstox VS Progressive Share Brokers)

 
 

Upstox Vs Progressive Share Brokers

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

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

Upstox Vs Progressive Share Brokers - Broker Details

Upstox Progressive Share Brokers
Single Margin Facility
Year of Incorporation 2009 1996
Exchanges BSE, NSE and MCX NSE, BSE, MCX and NCDEX
Branches Zero 3
Brokerage ₹20/ Order or 0.05% (Whichever is lower) 0.04% per order
Broker Type Discount Broker Full Service Broker
Call Back Open Account

Upstox Vs Progressive Share Brokers - Account Opening & AMC Charges

Upstox Progressive Share Brokers
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹250 per Year
Trading Account AMC ₹0 (Free) NA
Call Back Open Account

Upstox Vs Progressive Share Brokers - Brokerage charges & Plans

Upstox Progressive Share Brokers
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) 0.04% per order
Currency Futures ₹20/ Order or 0.05% (whichever is lower) 0.04% per order
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) 0.35% per order
Equity Options ₹20/ Order ₹35 per lot
Commodity Options ₹20/ Order ₹35 per lot
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.04% per order
Currency Options ₹20/ Order ₹15 per lot
Fixed Charges ₹20/ Order 0.04% per order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.04% per order
Call Back Open Account

Upstox Vs Progressive Share Brokers - Other Charges

Upstox Progressive Share Brokers
RMS Square Off Charge (₹50 + GST) ₹50 per order
API Charges ₹0 (Free) Free API
Call & Trade Charges (₹50 + GST) Rs. 20 (+ GST)
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) 0.04% per order
Minimum Brokerage ₹20/ Order 0.04% per order
Call Back Open Account

Upstox Vs Progressive Share Brokers - Transaction Charges

Upstox Progressive Share Brokers
Currency Options NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% Exchange txn charge: 0.035%
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE: 0.0019%
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% NSE: 0.05% (on premium)
Commodity Non-Agri: Exchange turnover charge: 0.0026% Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025%
Currency Futures NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% Exchange txn charge: 0.0009% Clearing charge: .00025%
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)
Call Back Open Account

Upstox Vs Progressive Share Brokers - Margin (Exposure)

Upstox Progressive Share Brokers
Equity Options Option Sell: 1x | Option Buying: No Margin 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 margins(SPAN + Exposure) 1x (100% of Normal margin (Span + Exposure))
Commodity Options Option Sell: 1x | Option Buying: No Margin 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))
Call Back Open Account

Upstox Vs Progressive Share Brokers - Features

Upstox Progressive Share Brokers
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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator 1. Investor 360 Web Portal, 2. Investor 360 Mobile App
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox Vs Progressive Share Brokers - Review & Rating

Upstox Progressive Share Brokers
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Upstox Vs Progressive Share Brokers - Request a call back from Broker

Upstox Progressive Share Brokers
Call Back Open Account

Upstox Vs Progressive Share Brokers - Investment Options

Upstox Progressive Share Brokers
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Upstox Vs Progressive Share Brokers - Order Type

Upstox Progressive Share Brokers
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account

Upstox Vs Progressive Share Brokers - Research & Report

Upstox Progressive Share Brokers
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Upstox Vs Progressive Share Brokers - Daily Market Report

Upstox Progressive Share Brokers
Daily Market Reports & News
Call Back Open Account

Upstox Vs Progressive Share Brokers - Suitable For Investor

Upstox Progressive Share Brokers
Casual Investor
Active Investor
Trader
Call Back Open Account

Upstox Vs Progressive Share Brokers - Pros & Cons

Upstox Progressive Share Brokers
Pros 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features
Cons 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches
Call Back Open Account

Upstox Vs Progressive Share Brokers - Background

Upstox Progressive Share Brokers
Call Back Open Account

Upstox Vs Progressive Share Brokers - Compare All Brokers

Upstox Progressive Share Brokers
Call Back Open Account

Upstox Vs Progressive Share Brokers - STT/CTT

Upstox Progressive Share Brokers
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the sell side
Equity Options 0.05% only on sell 0.0625% on sell side (on premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.0125% on sell side
Commodity Options 0.05% on sell trade 0.05% on sell side
Call Back Open Account

Upstox Vs Progressive Share Brokers - Demat transaction charges

Upstox Progressive Share Brokers
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹10 per request
Call Back Open Account

Upstox Vs Progressive Share Brokers - GST

Upstox Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

Upstox Vs Progressive Share Brokers - SEBI Charges

Upstox Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account

Upstox Vs Progressive Share Brokers - Account Opening & AMC Charges

Upstox
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
 
Call Back Open Account

Upstox Vs Progressive Share Brokers

Upstox Progressive Share Brokers
 

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

+ " Vs "+ Progressive Share Brokers
Read more..

Progressive Share Brokers Account Opening Process and Charges

Read more..

 
 

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

Upstox Vs Progressive Share Brokers - Brokerage charges & Plans

Upstox Progressive Share Brokers
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) 0.04% per order
Currency Futures ₹20/ Order or 0.05% (whichever is lower) 0.04% per order
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) 0.35% per order
Equity Options ₹20/ Order ₹35 per lot
Commodity Options ₹20/ Order ₹35 per lot
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.04% per order
Currency Options ₹20/ Order ₹15 per lot
Fixed Charges ₹20/ Order 0.04% per order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.04% per order
Call Back Open Account

Upstox Vs Progressive Share Brokers - Margin (Exposure)

Upstox Progressive Share Brokers
Equity Options Option Sell: 1x | Option Buying: No Margin 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 margins(SPAN + Exposure) 1x (100% of Normal margin (Span + Exposure))
Commodity Options Option Sell: 1x | Option Buying: No Margin 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))
Call Back Open Account

Upstox Vs Progressive Share Brokers - Other Charges

Upstox Progressive Share Brokers
RMS Square Off Charge (₹50 + GST) ₹50 per order
API Charges ₹0 (Free) Free API
Call & Trade Charges (₹50 + GST) Rs. 20 (+ GST)
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) 0.04% per order
Minimum Brokerage ₹20/ Order 0.04% per order
Call Back Open Account

Upstox Vs Progressive Share Brokers - STT/CTT

Upstox Progressive Share Brokers
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the sell side
Equity Options 0.05% only on sell 0.0625% on sell side (on premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.0125% on sell side
Commodity Options 0.05% on sell trade 0.05% on sell side
Call Back Open Account

Upstox Vs Progressive Share Brokers - Demat transaction charges

Upstox Progressive Share Brokers
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹10 per request
Call Back Open Account

Upstox Vs Progressive Share Brokers - GST

Upstox Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

Upstox Vs Progressive Share Brokers - SEBI Charges

Upstox Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account

Upstox Vs Progressive Share Brokers - Features

Upstox Progressive Share Brokers
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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator 1. Investor 360 Web Portal, 2. Investor 360 Mobile App
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox

Progressive Share Brokers