Marwadi Shares Vs Progressive Share Brokers
Marwadi Shares
Marwadi Shares is a full service Broker. Marwadi Shares Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, 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
Marwadi Shares Vs Progressive Share Brokers - Broker Details
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1992 | 1996 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 117+ | 3 |
| Brokerage | ₹20/ Order | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Marwadi Shares Vs Progressive Share Brokers - Account Opening & AMC Charges
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹450/ Year one-time payment of ₹2500 | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Marwadi Shares Vs Progressive Share Brokers - Brokerage charges & Plans
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.04% per order |
| Currency Futures | ₹20/ Order | 0.04% per order |
| Equity Delivery | ₹20/ Order | 0.35% per order |
| Equity Options | ₹20/ Order | ₹35 per lot |
| Commodity Options | ₹20/ Order | ₹35 per lot |
| Equity Futures | ₹20/ Order | 0.04% per order |
| Currency Options | ₹20/ Order | ₹15 per lot |
| Fixed Charges | ₹20/ Order | 0.04% per order |
| Equity Intraday | ₹20/ Order | 0.04% per order |
Marwadi Shares Vs Progressive Share Brokers - Other Charges
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹20/ Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20/ Order | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
Marwadi Shares Vs Progressive Share Brokers - Transaction Charges
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Currency Options | ₹4000/ Cr | Exchange txn charge: 0.035% |
| Equity Futures | ₹190/ Cr | NSE: 0.0019% |
| Equity Intraday | ₹325/ Cr | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | ₹5000/Cr | NSE: 0.05% (on premium) |
| Commodity | Non-Agri: ₹260/Cr | Agri: ₹175/ Cr | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | ₹110/Cr | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | ₹325/ Cr | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Marwadi Shares Vs Progressive Share Brokers - Margin (Exposure)
| Marwadi Shares | 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)) |
Marwadi Shares Vs Progressive Share Brokers - Features
| Marwadi Shares | 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:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App | 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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Marwadi Shares Vs Progressive Share Brokers - Review & Rating
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Marwadi Shares Vs Progressive Share Brokers - Request a call back from Broker
| Marwadi Shares | Progressive Share Brokers | |
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Marwadi Shares Vs Progressive Share Brokers - Investment Options
| Marwadi Shares | 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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Marwadi Shares Vs Progressive Share Brokers - Order Type
| Marwadi Shares | 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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Marwadi Shares Vs Progressive Share Brokers - Research & Report
| Marwadi Shares | 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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Marwadi Shares Vs Progressive Share Brokers - Daily Market Report
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Marwadi Shares Vs Progressive Share Brokers - Suitable For Investor
| Marwadi Shares | Progressive Share Brokers | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Marwadi Shares Vs Progressive Share Brokers - Pros & Cons
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. It provides a wide range of trading products. 2. It has a decent number of offline branches and offices across India. 3. It has some reasonable brokerage charges. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1. It provides various low-quality research. 2. It provides various customer service by considering it with the broker. 3. It provides no in-house technology and trading platforms. 4. The margin provided to the customer is very minimum. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Marwadi Shares Vs Progressive Share Brokers - Background
| Marwadi Shares | Progressive Share Brokers | |
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Marwadi Shares Vs Progressive Share Brokers - Compare All Brokers
| Marwadi Shares | Progressive Share Brokers | |
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Marwadi Shares Vs Progressive Share Brokers - STT/CTT
| Marwadi Shares | 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 |
Marwadi Shares Vs Progressive Share Brokers - Demat transaction charges
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹25 + GST per scrip only on sell | ₹10 per request |
Marwadi Shares Vs Progressive Share Brokers - GST
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Marwadi Shares Vs Progressive Share Brokers - SEBI Charges
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Marwadi Shares Vs Progressive Share Brokers - Account Opening & AMC Charges
Marwadi Shares
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹450/ Year one-time payment of ₹2500
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Marwadi Shares Vs Progressive Share Brokers
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
Marwadi Shares Review | Brokerage Charges, Account OpeningMarwadi shares finance ltd is a full-service broker which was incorporated in the year 1992. Marwadi shares & finance limited is a financial service firm that avails its broking services in Marwadi share market segments such as stock, commodity and derivatives through NSE, BSE, NCDEX and MCX via Marwadi shares client login. From the experien .. + " 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
Marwadi Shares Vs Progressive Share Brokers - Brokerage charges & Plans
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.04% per order |
| Currency Futures | ₹20/ Order | 0.04% per order |
| Equity Delivery | ₹20/ Order | 0.35% per order |
| Equity Options | ₹20/ Order | ₹35 per lot |
| Commodity Options | ₹20/ Order | ₹35 per lot |
| Equity Futures | ₹20/ Order | 0.04% per order |
| Currency Options | ₹20/ Order | ₹15 per lot |
| Fixed Charges | ₹20/ Order | 0.04% per order |
| Equity Intraday | ₹20/ Order | 0.04% per order |
Marwadi Shares Vs Progressive Share Brokers - Margin (Exposure)
| Marwadi Shares | 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)) |
Marwadi Shares Vs Progressive Share Brokers - Other Charges
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹20/ Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20/ Order | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
Marwadi Shares Vs Progressive Share Brokers - STT/CTT
| Marwadi Shares | 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 |
Marwadi Shares Vs Progressive Share Brokers - Demat transaction charges
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹25 + GST per scrip only on sell | ₹10 per request |
Marwadi Shares Vs Progressive Share Brokers - GST
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Marwadi Shares Vs Progressive Share Brokers - SEBI Charges
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Marwadi Shares Vs Progressive Share Brokers - Features
| Marwadi Shares | Progressive Share Brokers | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App | 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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