Progressive Share Brokers Vs FundsIndia
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
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Progressive Share Brokers Vs FundsIndia - Broker Details
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 2009 |
| Exchanges | NSE, BSE, MCX and NCDEX | Sebi |
| Branches | 3 | Zero |
| Brokerage | 0.04% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Broker Type | Full Service Broker | Full Service Broker |
Progressive Share Brokers Vs FundsIndia - Account Opening & AMC Charges
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹200 /-(Service Tax) 2nd Year onwards |
| Trading Account AMC | NA | N/A |
Progressive Share Brokers Vs FundsIndia - Brokerage charges & Plans
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.04% per order | N/A |
| Currency Futures | 0.04% per order | N/A |
| Equity Delivery | 0.35% per order | 0.01% |
| Equity Options | ₹35 per lot | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Commodity Options | ₹35 per lot | N/A |
| Equity Futures | 0.04% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Currency Options | ₹15 per lot | N/A |
| Fixed Charges | 0.04% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Equity Intraday | 0.04% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
Progressive Share Brokers Vs FundsIndia - Other Charges
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | N/A |
| API Charges | Free API | N/A |
| Call & Trade Charges | Rs. 20 (+ GST) | N/A |
| Other Brokerage Charges | 0.04% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Minimum Brokerage | 0.04% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
Progressive Share Brokers Vs FundsIndia - Transaction Charges
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | N/A |
| Equity Futures | NSE: 0.0019% | 0.0035% on turnover |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 0.0035% on turnover |
| Equity Options | NSE: 0.05% (on premium) | 0.0035% on turnover |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | N/A |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | N/A |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 0.1% on the transaction amount |
Progressive Share Brokers Vs FundsIndia - Margin (Exposure)
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs FundsIndia - Features
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Progressive Share Brokers Vs FundsIndia - Review & Rating
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Progressive Share Brokers Vs FundsIndia - Request a call back from Broker
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
Progressive Share Brokers Vs FundsIndia - Investment Options
| Progressive Share Brokers | FundsIndia | |
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| 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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Progressive Share Brokers Vs FundsIndia - Order Type
| Progressive Share Brokers | FundsIndia | |
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| 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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Progressive Share Brokers Vs FundsIndia - Research & Report
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| 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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Progressive Share Brokers Vs FundsIndia - Daily Market Report
| Progressive Share Brokers | FundsIndia | |
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| Daily Market Reports & News |
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Progressive Share Brokers Vs FundsIndia - Suitable For Investor
| Progressive Share Brokers | FundsIndia | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Progressive Share Brokers Vs FundsIndia - Pros & Cons
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. |
Progressive Share Brokers Vs FundsIndia - Background
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
Progressive Share Brokers Vs FundsIndia - Compare All Brokers
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
Progressive Share Brokers Vs FundsIndia - STT/CTT
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | N/A |
| Equity Intraday | 0.025% on the sell side | 0.025% on the Sell Side |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | N/A |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | N/A |
Progressive Share Brokers Vs FundsIndia - Demat transaction charges
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹15 + Gst per scrip only on sell |
Progressive Share Brokers Vs FundsIndia - GST
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Progressive Share Brokers Vs FundsIndia - SEBI Charges
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs FundsIndia - Account Opening & AMC Charges
Progressive Share Brokers
FundsIndia
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹200 /-(Service Tax) 2nd Year onwards
Trading Account AMC
NA
N/A
Progressive Share Brokers Vs FundsIndia
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. |
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FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Progressive Share Brokers Vs FundsIndia - Brokerage charges & Plans
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.04% per order | N/A |
| Currency Futures | 0.04% per order | N/A |
| Equity Delivery | 0.35% per order | 0.01% |
| Equity Options | ₹35 per lot | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Commodity Options | ₹35 per lot | N/A |
| Equity Futures | 0.04% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Currency Options | ₹15 per lot | N/A |
| Fixed Charges | 0.04% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Equity Intraday | 0.04% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Call Back Open Account |
Progressive Share Brokers Vs FundsIndia - Margin (Exposure)
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs FundsIndia - Other Charges
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | N/A |
| API Charges | Free API | N/A |
| Call & Trade Charges | Rs. 20 (+ GST) | N/A |
| Other Brokerage Charges | 0.04% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Minimum Brokerage | 0.04% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
Progressive Share Brokers Vs FundsIndia - STT/CTT
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | N/A |
| Equity Intraday | 0.025% on the sell side | 0.025% on the Sell Side |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | N/A |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | N/A |
Progressive Share Brokers Vs FundsIndia - Demat transaction charges
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹15 + Gst per scrip only on sell |
Progressive Share Brokers Vs FundsIndia - GST
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Progressive Share Brokers Vs FundsIndia - SEBI Charges
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs FundsIndia - Features
| Progressive Share Brokers | FundsIndia | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
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