Progressive Share Brokers Vs Upstox
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
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Progressive Share Brokers Vs Upstox - Broker Details
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 2009 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 3 | Zero |
| Brokerage | 0.04% per order | ₹20/ Order or 0.05% (Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
Progressive Share Brokers Vs Upstox - Account Opening & AMC Charges
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
Progressive Share Brokers Vs Upstox - Brokerage charges & Plans
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | 0.35% per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹35 per lot | ₹20/ Order |
| Commodity Options | ₹35 per lot | ₹20/ Order |
| Equity Futures | 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹15 per lot | ₹20/ Order |
| Fixed Charges | 0.04% per order | ₹20/ Order |
| Equity Intraday | 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
Progressive Share Brokers Vs Upstox - Other Charges
| Progressive Share Brokers | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | (₹50 + GST) |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | (₹50 + GST) |
| Other Brokerage Charges | 0.04% per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs Upstox - Transaction Charges
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | NSE: 0.05% (on premium) | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
Progressive Share Brokers Vs Upstox - Margin (Exposure)
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | Option Sell: 1x | Option Buying: No Margin |
| 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)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | Option Sell: 1x | Option Buying: No Margin |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs Upstox - Features
| Progressive Share Brokers | Upstox | |
|---|---|---|
| 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 | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Progressive Share Brokers Vs Upstox - Review & Rating
| Progressive Share Brokers | Upstox | |
|---|---|---|
| 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 Upstox - Request a call back from Broker
| Progressive Share Brokers | Upstox | |
|---|---|---|
Progressive Share Brokers Vs Upstox - Investment Options
| Progressive Share Brokers | Upstox | |
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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 Upstox - Order Type
| Progressive Share Brokers | Upstox | |
|---|---|---|
| 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 Upstox - Research & Report
| Progressive Share Brokers | Upstox | |
|---|---|---|
| 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 Upstox - Daily Market Report
| Progressive Share Brokers | Upstox | |
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| Daily Market Reports & News |
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Progressive Share Brokers Vs Upstox - Suitable For Investor
| Progressive Share Brokers | Upstox | |
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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 Upstox - Pros & Cons
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. |
Progressive Share Brokers Vs Upstox - Background
| Progressive Share Brokers | Upstox | |
|---|---|---|
Progressive Share Brokers Vs Upstox - Compare All Brokers
| Progressive Share Brokers | Upstox | |
|---|---|---|
Progressive Share Brokers Vs Upstox - STT/CTT
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Progressive Share Brokers Vs Upstox - Demat transaction charges
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Progressive Share Brokers Vs Upstox - GST
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Progressive Share Brokers Vs Upstox - SEBI Charges
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Progressive Share Brokers Vs Upstox - Account Opening & AMC Charges
Progressive Share Brokers
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs Upstox
| Progressive Share Brokers | Upstox | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. |
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Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Progressive Share Brokers Vs Upstox - Brokerage charges & Plans
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Futures | 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Delivery | 0.35% per order | ₹20/ Order or 2.5% (whichever is lower) |
| Equity Options | ₹35 per lot | ₹20/ Order |
| Commodity Options | ₹35 per lot | ₹20/ Order |
| Equity Futures | 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹15 per lot | ₹20/ Order |
| Fixed Charges | 0.04% per order | ₹20/ Order |
| Equity Intraday | 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Progressive Share Brokers Vs Upstox - Margin (Exposure)
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | Option Sell: 1x | Option Buying: No Margin |
| 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)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | Option Sell: 1x | Option Buying: No Margin |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs Upstox - Other Charges
| Progressive Share Brokers | Upstox | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | (₹50 + GST) |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | (₹50 + GST) |
| Other Brokerage Charges | 0.04% per order | ₹20/ Order or 0.05% ( Whichever is lower) |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs Upstox - STT/CTT
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Progressive Share Brokers Vs Upstox - Demat transaction charges
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell |
Progressive Share Brokers Vs Upstox - GST
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
Progressive Share Brokers Vs Upstox - SEBI Charges
| Progressive Share Brokers | Upstox | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Progressive Share Brokers Vs Upstox - Features
| Progressive Share Brokers | Upstox | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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