Zerodha Vs Progressive Share Brokers
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
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 Vs Progressive Share Brokers - Broker Details
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 1996 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 120+ | 3 |
| Brokerage | ₹20/ Order or 0.03% | 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Account Opening & AMC Charges
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Brokerage charges & Plans
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Equity Delivery | Zero Brokerage | 0.35% per order |
| Equity Options | ₹20/ Order | ₹35 per lot |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹35 per lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹15 per lot |
| Fixed Charges | ₹20/Order | 0.04% per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Other Charges
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50 per order |
| API Charges | ₹2000/ Month | Free API |
| Call & Trade Charges | ₹50/ Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Transaction Charges
| Zerodha | 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: 0.002% | NSE: 0.0019% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE: 0.053% (on premium) | NSE: 0.05% (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | 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: 0.00345% | BSE: 0.00345% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Margin (Exposure)
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (20% margin) | 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 | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margins(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 margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Features
| Zerodha | 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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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| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Review & Rating
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Request a call back from Broker
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Investment Options
| Zerodha | 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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| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Order Type
| Zerodha | 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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| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Research & Report
| Zerodha | 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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| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Daily Market Report
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Suitable For Investor
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Pros & Cons
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Pros | 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. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Background
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Compare All Brokers
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - STT/CTT
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| 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 | 0.05% 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 | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Demat transaction charges
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹10 per request |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - GST
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - SEBI Charges
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Account Opening & AMC Charges
Zerodha
Progressive Share Brokers
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Zerodha Vs Progressive Share Brokers
| Zerodha | Progressive Share Brokers | |
|---|---|---|
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
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
Zerodha Vs Progressive Share Brokers - Brokerage charges & Plans
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Equity Delivery | Zero Brokerage | 0.35% per order |
| Equity Options | ₹20/ Order | ₹35 per lot |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹35 per lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹15 per lot |
| Fixed Charges | ₹20/Order | 0.04% per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Margin (Exposure)
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (20% margin) | 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 | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margins(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 margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Other Charges
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50 per order |
| API Charges | ₹2000/ Month | Free API |
| Call & Trade Charges | ₹50/ Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - STT/CTT
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| 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 | 0.05% 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 | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Demat transaction charges
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹10 per request |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - GST
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - SEBI Charges
| Zerodha | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
| Call Back Open Account |
Zerodha Vs Progressive Share Brokers - Features
| Zerodha | 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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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| Call Back Open Account |