HDFC securities Vs Progressive Share Brokers
HDFC securities
HDFC securities is a full service Broker. HDFC securities Review gives an overall view and 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
HDFC securities Vs Progressive Share Brokers - Broker Details
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 1996 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 260+ | 3 |
| Brokerage | 0.05% | 0.04% per order |
| Broker Type | Full service Broker | Full Service Broker |
HDFC securities Vs Progressive Share Brokers - Account Opening & AMC Charges
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹700/- | Standard:- ₹750/- | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
HDFC securities Vs Progressive Share Brokers - Brokerage charges & Plans
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | Intraday:- 0.020% or min ₹20/Order | Carry Forward:- 0.025% or min ₹20/Order | 0.04% per order |
| Currency Futures | ₹23/Contract | 0.04% per order |
| Equity Delivery | 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) | 0.35% per order |
| Equity Options | ₹100/Lot (Both Buy & Sell) | ₹35 per lot |
| Commodity Options | ₹100/Lot | ₹35 per lot |
| Equity Futures | 0.025% or min ₹25/- or ceiling of 2.5% of transaction value (Both Buy & Sell) | 0.04% per order |
| Currency Options | ₹20/Contract | ₹15 per lot |
| Fixed Charges | N/A | 0.04% per order |
| Equity Intraday | 0.05% | 0.04% per order |
HDFC securities Vs Progressive Share Brokers - Other Charges
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹0(Free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | 0.05% | 0.04% per order |
| Minimum Brokerage | 0.05% | 0.04% per order |
HDFC securities Vs Progressive Share Brokers - Transaction Charges
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Currency Options | 0.040% (On premium) | Exchange txn charge: 0.035% |
| Equity Futures | 0.00190% | NSE: 0.0019% |
| Equity Intraday | 0.00325% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.050% (on premium) | NSE: 0.05% (on premium) |
| Commodity | N/A | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | 0.00110% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | 0.00325% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
HDFC securities Vs Progressive Share Brokers - Margin (Exposure)
| HDFC securities | 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)) |
HDFC securities Vs Progressive Share Brokers - Features
| HDFC securities | 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:- 2:45 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. HDFC Securities Website (Web-based trading platform). 2. ProTerminal (Stock analysis and Trading platform). 3. HDFC Securities Mobile trading application. 4. Blink | 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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HDFC securities Vs Progressive Share Brokers - Review & Rating
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
HDFC securities Vs Progressive Share Brokers - Request a call back from Broker
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
HDFC securities Vs Progressive Share Brokers - Investment Options
| HDFC securities | 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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HDFC securities Vs Progressive Share Brokers - Order Type
| HDFC securities | 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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HDFC securities Vs Progressive Share Brokers - Research & Report
| HDFC securities | 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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HDFC securities Vs Progressive Share Brokers - Daily Market Report
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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HDFC securities Vs Progressive Share Brokers - Suitable For Investor
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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HDFC securities Vs Progressive Share Brokers - Pros & Cons
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. It provides an integrated three-in-one account (i.e. banking, broking and demat account). It makes HDFC extremely convenient trading platform. 2. It provides the facility of online investment in IPOs, Mutual Funds, GOI Bonds, Insurance and Postal Savings Schemes all of it from a single website. 3. It allows trading in both BSE and NSE. 4. The trading platforms are specially designed for the beginners. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1. The brokerage is comparatively higher than other brokers and is negotiable. 2. It does not provide commodity trading. 3. The minimal brokerage charged is ₹25 per trade that is too high. 4.It does not provide good margin limit. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
HDFC securities Vs Progressive Share Brokers - Background
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
HDFC securities Vs Progressive Share Brokers - Compare All Brokers
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
HDFC securities Vs Progressive Share Brokers - STT/CTT
| HDFC securities | 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 |
HDFC securities Vs Progressive Share Brokers - Demat transaction charges
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | 0.04% of transaction value (minimum ₹25) | ₹10 per request |
HDFC securities Vs Progressive Share Brokers - GST
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
HDFC securities Vs Progressive Share Brokers - SEBI Charges
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
HDFC securities Vs Progressive Share Brokers - Account Opening & AMC Charges
HDFC securities
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹700/- | Standard:- ₹750/-
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
HDFC securities Vs Progressive Share Brokers
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
HDFC Securities Review | Brokerage Charges, Account OpeningHDFC securities India is the most renowned financial service providing company which is a subsidiary of private bank HDFC. HDFC securities ltd provides the both online trading and the trading on the go i.e. mobile or tab. HDFC securities is cdsl or nsdl participant with
Read more..
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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
HDFC securities Vs Progressive Share Brokers - Brokerage charges & Plans
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | Intraday:- 0.020% or min ₹20/Order | Carry Forward:- 0.025% or min ₹20/Order | 0.04% per order |
| Currency Futures | ₹23/Contract | 0.04% per order |
| Equity Delivery | 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) | 0.35% per order |
| Equity Options | ₹100/Lot (Both Buy & Sell) | ₹35 per lot |
| Commodity Options | ₹100/Lot | ₹35 per lot |
| Equity Futures | 0.025% or min ₹25/- or ceiling of 2.5% of transaction value (Both Buy & Sell) | 0.04% per order |
| Currency Options | ₹20/Contract | ₹15 per lot |
| Fixed Charges | N/A | 0.04% per order |
| Equity Intraday | 0.05% | 0.04% per order |
HDFC securities Vs Progressive Share Brokers - Margin (Exposure)
| HDFC securities | 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)) |
HDFC securities Vs Progressive Share Brokers - Other Charges
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹0(Free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | 0.05% | 0.04% per order |
| Minimum Brokerage | 0.05% | 0.04% per order |
HDFC securities Vs Progressive Share Brokers - STT/CTT
| HDFC securities | 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 |
HDFC securities Vs Progressive Share Brokers - Demat transaction charges
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | 0.04% of transaction value (minimum ₹25) | ₹10 per request |
HDFC securities Vs Progressive Share Brokers - GST
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
HDFC securities Vs Progressive Share Brokers - SEBI Charges
| HDFC securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
HDFC securities Vs Progressive Share Brokers - Features
| HDFC securities | 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:- 2:45 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. HDFC Securities Website (Web-based trading platform). 2. ProTerminal (Stock analysis and Trading platform). 3. HDFC Securities Mobile trading application. 4. Blink | 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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