Reliance Securities Vs Progressive Share Brokers
Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review 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
Reliance Securities Vs Progressive Share Brokers - Broker Details
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2005 | 1996 |
| Exchanges | NSE, BSE&MCX-SX, NCDEX, NMCE | NSE, BSE, MCX and NCDEX |
| Branches | 80+ | 3 |
| Brokerage | 0.05% | 0.04% per order |
| Broker Type | Full service Broker | Full Service Broker |
Reliance Securities Vs Progressive Share Brokers - Account Opening & AMC Charges
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹2500/- life time free | ₹250 per Year |
| Trading Account AMC | ₹2500/- life time free | NA |
Reliance Securities Vs Progressive Share Brokers - Brokerage charges & Plans
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | 0.04% per order |
| Currency Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | 0.04% per order |
| Equity Delivery | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% | 0.35% per order |
| Equity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹35 per lot |
| Commodity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹35 per lot |
| Equity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | 0.04% per order |
| Currency Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹15 per lot |
| Fixed Charges | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.04% per order |
| Equity Intraday | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.04% per order |
Reliance Securities Vs Progressive Share Brokers - Other Charges
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | - | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹20/ Call (First 20 calls/Month will be free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.04% per order |
| Minimum Brokerage | 0.05% | 0.04% per order |
Reliance Securities Vs Progressive Share Brokers - Transaction Charges
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE: 0.04174% | Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.0009% | BSE: 0.0005% | NSE: 0.0019% |
| Equity Intraday | NSE: 0.0032% | BSE: 0.003% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE:0.05% | BSE:0.0005% (on premium) | NSE: 0.05% (on premium) |
| Commodity | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE: 0.0009% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE: 0.0032% | BSE: 0.00275% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Reliance Securities Vs Progressive Share Brokers - Margin (Exposure)
| Reliance 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 | Up to 3 times with 21% interest per year | 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)) |
Reliance Securities Vs Progressive Share Brokers - Features
| Reliance 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | Tick Pro, Tick Web, Tick pc | 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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Reliance Securities Vs Progressive Share Brokers - Review & Rating
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Reliance Securities Vs Progressive Share Brokers - Request a call back from Broker
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
Reliance Securities Vs Progressive Share Brokers - Investment Options
| Reliance 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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Reliance Securities Vs Progressive Share Brokers - Order Type
| Reliance 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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Reliance Securities Vs Progressive Share Brokers - Research & Report
| Reliance 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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Reliance Securities Vs Progressive Share Brokers - Daily Market Report
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Reliance Securities Vs Progressive Share Brokers - Suitable For Investor
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Reliance Securities Vs Progressive Share Brokers - Pros & Cons
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum customers. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1. It does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Reliance Securities Vs Progressive Share Brokers - Background
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
Reliance Securities Vs Progressive Share Brokers - Compare All Brokers
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
Reliance Securities Vs Progressive Share Brokers - STT/CTT
| Reliance Securities | 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 both Buy and 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 |
Reliance Securities Vs Progressive Share Brokers - Demat transaction charges
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹27+ Gst per scrip per day only on sell | ₹10 per request |
Reliance Securities Vs Progressive Share Brokers - GST
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Reliance Securities Vs Progressive Share Brokers - SEBI Charges
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Reliance Securities Vs Progressive Share Brokers - Account Opening & AMC Charges
Reliance Securities
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹2500/- life time free
₹250 per Year
Trading Account AMC
₹2500/- life time free
NA
Reliance Securities Vs Progressive Share Brokers
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
Reliance Securities Review | Brokerage Charges, Account OpeningA Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the .. + " 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
Reliance Securities Vs Progressive Share Brokers - Brokerage charges & Plans
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | 0.04% per order |
| Currency Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | 0.04% per order |
| Equity Delivery | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% | 0.35% per order |
| Equity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹35 per lot |
| Commodity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹35 per lot |
| Equity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | 0.04% per order |
| Currency Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹15 per lot |
| Fixed Charges | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.04% per order |
| Equity Intraday | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.04% per order |
Reliance Securities Vs Progressive Share Brokers - Margin (Exposure)
| Reliance 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 | Up to 3 times with 21% interest per year | 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)) |
Reliance Securities Vs Progressive Share Brokers - Other Charges
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | - | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹20/ Call (First 20 calls/Month will be free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.04% per order |
| Minimum Brokerage | 0.05% | 0.04% per order |
Reliance Securities Vs Progressive Share Brokers - STT/CTT
| Reliance Securities | 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 both Buy and 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 |
Reliance Securities Vs Progressive Share Brokers - Demat transaction charges
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹27+ Gst per scrip per day only on sell | ₹10 per request |
Reliance Securities Vs Progressive Share Brokers - GST
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Reliance Securities Vs Progressive Share Brokers - SEBI Charges
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Reliance Securities Vs Progressive Share Brokers - Features
| Reliance Securities | Progressive Share Brokers | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | Tick Pro, Tick Web, Tick pc | 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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