Flattrade Vs Progressive Share Brokers
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, 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
Flattrade Vs Progressive Share Brokers - Broker Details
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 1996 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 6 | 3 |
| Brokerage | ₹0 (Free) | 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
Flattrade Vs Progressive Share Brokers - Account Opening & AMC Charges
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹200 + GST | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Flattrade Vs Progressive Share Brokers - Brokerage charges & Plans
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | 0.04% per order |
| Currency Futures | ₹0 (Free) | 0.04% per order |
| Equity Delivery | ₹0 (Free) | 0.35% per order |
| Equity Options | ₹0 (Free) | ₹35 per lot |
| Commodity Options | ₹0 (Free) | ₹35 per lot |
| Equity Futures | ₹0 (Free) | 0.04% per order |
| Currency Options | ₹0 (Free) | ₹15 per lot |
| Fixed Charges | ₹0 (Free) | 0.04% per order |
| Equity Intraday | ₹0 (Free) | 0.04% per order |
Flattrade Vs Progressive Share Brokers - Other Charges
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹0 (Free) | 0.04% per order |
| Minimum Brokerage | ₹0 (Free) | 0.04% per order |
Flattrade Vs Progressive Share Brokers - Transaction Charges
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | Exchange txn charge: 0.035% |
| Equity Futures | 0.0020% | NSE: 0.0019% |
| Equity Intraday | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.053% (on premium) | NSE: 0.05% (on premium) |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Flattrade Vs Progressive Share Brokers - Margin (Exposure)
| Flattrade | 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 (100% of trade value) | 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)) |
Flattrade Vs Progressive Share Brokers - Features
| Flattrade | 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | Flattrade - (Share Trading App), Web Trading | 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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Flattrade Vs Progressive Share Brokers - Review & Rating
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Flattrade Vs Progressive Share Brokers - Request a call back from Broker
| Flattrade | Progressive Share Brokers | |
|---|---|---|
Flattrade Vs Progressive Share Brokers - Investment Options
| Flattrade | 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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Flattrade Vs Progressive Share Brokers - Order Type
| Flattrade | 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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Flattrade Vs Progressive Share Brokers - Research & Report
| Flattrade | 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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Flattrade Vs Progressive Share Brokers - Daily Market Report
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Flattrade Vs Progressive Share Brokers - Suitable For Investor
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Flattrade Vs Progressive Share Brokers - Pros & Cons
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Flattrade Vs Progressive Share Brokers - Background
| Flattrade | Progressive Share Brokers | |
|---|---|---|
Flattrade Vs Progressive Share Brokers - Compare All Brokers
| Flattrade | Progressive Share Brokers | |
|---|---|---|
Flattrade Vs Progressive Share Brokers - STT/CTT
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on the sell side |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% 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 |
Flattrade Vs Progressive Share Brokers - Demat transaction charges
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹10 per request |
Flattrade Vs Progressive Share Brokers - GST
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Flattrade Vs Progressive Share Brokers - SEBI Charges
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Flattrade Vs Progressive Share Brokers - Account Opening & AMC Charges
Flattrade
Progressive Share Brokers
Trading Account Opening Charge
₹200 + GST
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Flattrade Vs Progressive Share Brokers
| Flattrade | Progressive Share Brokers | |
|---|---|---|
Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. + " Vs "+ Progressive Share Brokers |
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
Flattrade Vs Progressive Share Brokers - Brokerage charges & Plans
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | 0.04% per order |
| Currency Futures | ₹0 (Free) | 0.04% per order |
| Equity Delivery | ₹0 (Free) | 0.35% per order |
| Equity Options | ₹0 (Free) | ₹35 per lot |
| Commodity Options | ₹0 (Free) | ₹35 per lot |
| Equity Futures | ₹0 (Free) | 0.04% per order |
| Currency Options | ₹0 (Free) | ₹15 per lot |
| Fixed Charges | ₹0 (Free) | 0.04% per order |
| Equity Intraday | ₹0 (Free) | 0.04% per order |
| Call Back Open Account |
Flattrade Vs Progressive Share Brokers - Margin (Exposure)
| Flattrade | 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 (100% of trade value) | 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 |
Flattrade Vs Progressive Share Brokers - Other Charges
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹0 (Free) | 0.04% per order |
| Minimum Brokerage | ₹0 (Free) | 0.04% per order |
Flattrade Vs Progressive Share Brokers - STT/CTT
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on the sell side |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% 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 |
Flattrade Vs Progressive Share Brokers - Demat transaction charges
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹10 per request |
Flattrade Vs Progressive Share Brokers - GST
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Flattrade Vs Progressive Share Brokers - SEBI Charges
| Flattrade | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Flattrade Vs Progressive Share Brokers - Features
| Flattrade | 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | Flattrade - (Share Trading App), Web Trading | 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 |