Nirmal Bang Vs Progressive Share Brokers
Nirmal Bang
Nirmal Bang Review gives an overall view and updates about the Nirmal Bang Brokerage Charges, Nirmal Bang Margin, Nirmal Bang Trading Software 2024, Nirmal Bang Demat Account Charges and it also gives overview on Nirmal Bang NRI Account, Nirmal Bang Branches, Nirmal Bang Customer Complaints, Nirmal Bang Advantages and Disadvantages, Nirmal Bang Research and Advisory Services, Nirmal Bang IPO, Nirmal Bang Mutual Funds as well as offers a wide range of financial products through Nirmal Bang Website and mobile application
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
Nirmal Bang Vs Progressive Share Brokers - Broker Details
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1997 | 1996 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 2+ | 3 |
| Brokerage | 0.02% | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Nirmal Bang Vs Progressive Share Brokers - Account Opening & AMC Charges
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200 (2nd year onwards) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Nirmal Bang Vs Progressive Share Brokers - Brokerage charges & Plans
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% | 0.04% per order |
| Currency Futures | 0.02% | 0.04% per order |
| Equity Delivery | 0.20% | 0.35% per order |
| Equity Options | ₹35/Lot | ₹35 per lot |
| Commodity Options | ₹20/Lot | ₹35 per lot |
| Equity Futures | 0.02% | 0.04% per order |
| Currency Options | ₹20/Lot | ₹15 per lot |
| Fixed Charges | 0.02% | 0.04% per order |
| Equity Intraday | 0.02% | 0.04% per order |
Nirmal Bang Vs Progressive Share Brokers - Other Charges
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | N/A | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20/Lot | 0.04% per order |
| Minimum Brokerage | 0.02% | 0.04% per order |
Nirmal Bang Vs Progressive Share Brokers - Transaction Charges
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Currency Options | 0.057% on premium | Exchange txn charge: 0.035% |
| Equity Futures | 0.0024% | NSE: 0.0019% |
| Equity Intraday | 0.0039% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.0024% | NSE: 0.05% (on premium) |
| Commodity | 0.0025% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | 0.0024% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | 0.0039% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Nirmal Bang Vs Progressive Share Brokers - Margin (Exposure)
| Nirmal Bang | 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)) |
Nirmal Bang Vs Progressive Share Brokers - Features
| Nirmal Bang | 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: 4:40 PM | Commodities: 11:25 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.Beyond - (Mobile Trading App) 2.ODIN (Trading Terminal) 3.ODIN Aero 4.LD Addon 5.LD Rakshak (Risk Management Software) | 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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Nirmal Bang Vs Progressive Share Brokers - Review & Rating
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Nirmal Bang Vs Progressive Share Brokers - Request a call back from Broker
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
Nirmal Bang Vs Progressive Share Brokers - Investment Options
| Nirmal Bang | 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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Nirmal Bang Vs Progressive Share Brokers - Order Type
| Nirmal Bang | 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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Nirmal Bang Vs Progressive Share Brokers - Research & Report
| Nirmal Bang | 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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Nirmal Bang Vs Progressive Share Brokers - Daily Market Report
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Nirmal Bang Vs Progressive Share Brokers - Suitable For Investor
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Nirmal Bang Vs Progressive Share Brokers - Pros & Cons
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Pros | 1.It provides the advanced trading platform that meets the customer expectations. 2. It has low brokerage charges. 3. It provides quick and excellent customer support. 2. It avails its customers with refer and earn program 3.Provides access to risk management and back office software. 4.Solid research services | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.Nirmal Bang doesn't offer 3 in 1 account. 2.Nirmal Bang doesn't have Brokerage calculator and Margin Calculator. 3.Nirmal Bang is a full services broker so the brokerage charged by them is higher than the discount brokers | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Nirmal Bang Vs Progressive Share Brokers - Background
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
Nirmal Bang Vs Progressive Share Brokers - Compare All Brokers
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
Nirmal Bang Vs Progressive Share Brokers - STT/CTT
| Nirmal Bang | 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 |
Nirmal Bang Vs Progressive Share Brokers - Demat transaction charges
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹10 per request |
Nirmal Bang Vs Progressive Share Brokers - GST
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Nirmal Bang Vs Progressive Share Brokers - SEBI Charges
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirmal Bang Vs Progressive Share Brokers - Account Opening & AMC Charges
Nirmal Bang
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 (2nd year onwards)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Nirmal Bang Vs Progressive Share Brokers
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
Nirmal Bang Review | Brokerage Charges, Account OpeningLogical thinkers always focus on business model of the company whereas overthinkers focuses on share price of the company, that’s why logical thinkers are considered as successful investors and overthinkers are considered as unsuccessful investors because overthinking kills their .. + " 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
Nirmal Bang Vs Progressive Share Brokers - Brokerage charges & Plans
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% | 0.04% per order |
| Currency Futures | 0.02% | 0.04% per order |
| Equity Delivery | 0.20% | 0.35% per order |
| Equity Options | ₹35/Lot | ₹35 per lot |
| Commodity Options | ₹20/Lot | ₹35 per lot |
| Equity Futures | 0.02% | 0.04% per order |
| Currency Options | ₹20/Lot | ₹15 per lot |
| Fixed Charges | 0.02% | 0.04% per order |
| Equity Intraday | 0.02% | 0.04% per order |
Nirmal Bang Vs Progressive Share Brokers - Margin (Exposure)
| Nirmal Bang | 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)) |
Nirmal Bang Vs Progressive Share Brokers - Other Charges
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | N/A | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20/Lot | 0.04% per order |
| Minimum Brokerage | 0.02% | 0.04% per order |
Nirmal Bang Vs Progressive Share Brokers - STT/CTT
| Nirmal Bang | 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 |
Nirmal Bang Vs Progressive Share Brokers - Demat transaction charges
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹10 per request |
Nirmal Bang Vs Progressive Share Brokers - GST
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Nirmal Bang Vs Progressive Share Brokers - SEBI Charges
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirmal Bang Vs Progressive Share Brokers - Features
| Nirmal Bang | Progressive Share Brokers | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:25 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.Beyond - (Mobile Trading App) 2.ODIN (Trading Terminal) 3.ODIN Aero 4.LD Addon 5.LD Rakshak (Risk Management Software) | 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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