Sharekhan Vs Progressive Share Brokers
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, 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
Sharekhan Vs Progressive Share Brokers - Broker Details
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 1996 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE, MCX and NCDEX |
| Branches | 153+ | 3 |
| Brokerage | 0.03% | 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
Sharekhan Vs Progressive Share Brokers - Account Opening & AMC Charges
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 (from 2nd year) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Sharekhan Vs Progressive Share Brokers - Brokerage charges & Plans
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | 0.04% per order |
| Currency Futures | 0.03% per transaction value | 0.04% per order |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | 0.35% per order |
| Equity Options | ₹60/ Lot | ₹35 per lot |
| Commodity Options | ₹60/ Lot | ₹35 per lot |
| Equity Futures | 0.03% per transaction value | 0.04% per order |
| Currency Options | ₹20/ Lot | ₹15 per lot |
| Fixed Charges | ₹1,00,000/ Year | 0.04% per order |
| Equity Intraday | 0.03% per transaction value | 0.04% per order |
Sharekhan Vs Progressive Share Brokers - Other Charges
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹0 (Free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹1,00,000/ Year | 0.04% per order |
| Minimum Brokerage | 0.10% | 0.04% per order |
Sharekhan Vs Progressive Share Brokers - Transaction Charges
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | Exchange txn charge: 0.035% |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | NSE: 0.0019% |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | NSE: 0.05% (on premium) |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Sharekhan Vs Progressive Share Brokers - Margin (Exposure)
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1 time (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)) |
Sharekhan Vs Progressive Share Brokers - Features
| Sharekhan | 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth 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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Sharekhan Vs Progressive Share Brokers - Review & Rating
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Sharekhan Vs Progressive Share Brokers - Request a call back from Broker
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
Sharekhan Vs Progressive Share Brokers - Investment Options
| Sharekhan | Progressive Share Brokers | |
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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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Sharekhan Vs Progressive Share Brokers - Order Type
| Sharekhan | 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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Sharekhan Vs Progressive Share Brokers - Research & Report
| Sharekhan | 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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Sharekhan Vs Progressive Share Brokers - Daily Market Report
| Sharekhan | Progressive Share Brokers | |
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| Daily Market Reports & News |
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Sharekhan Vs Progressive Share Brokers - Suitable For Investor
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Sharekhan Vs Progressive Share Brokers - Pros & Cons
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Sharekhan Vs Progressive Share Brokers - Background
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
Sharekhan Vs Progressive Share Brokers - Compare All Brokers
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
Sharekhan Vs Progressive Share Brokers - STT/CTT
| Sharekhan | 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 | 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 |
Sharekhan Vs Progressive Share Brokers - Demat transaction charges
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹10 per request |
Sharekhan Vs Progressive Share Brokers - GST
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Sharekhan Vs Progressive Share Brokers - SEBI Charges
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Sharekhan Vs Progressive Share Brokers - Account Opening & AMC Charges
Sharekhan
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (from 2nd year)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Sharekhan Vs Progressive Share Brokers
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
Sharekhan Review | Brokerage Charges, Account OpeningSharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie .. + " 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
Sharekhan Vs Progressive Share Brokers - Brokerage charges & Plans
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | 0.04% per order |
| Currency Futures | 0.03% per transaction value | 0.04% per order |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | 0.35% per order |
| Equity Options | ₹60/ Lot | ₹35 per lot |
| Commodity Options | ₹60/ Lot | ₹35 per lot |
| Equity Futures | 0.03% per transaction value | 0.04% per order |
| Currency Options | ₹20/ Lot | ₹15 per lot |
| Fixed Charges | ₹1,00,000/ Year | 0.04% per order |
| Equity Intraday | 0.03% per transaction value | 0.04% per order |
| Call Back Open Account |
Sharekhan Vs Progressive Share Brokers - Margin (Exposure)
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1 time (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)) |
| Call Back Open Account |
Sharekhan Vs Progressive Share Brokers - Other Charges
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹0 (Free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹1,00,000/ Year | 0.04% per order |
| Minimum Brokerage | 0.10% | 0.04% per order |
Sharekhan Vs Progressive Share Brokers - STT/CTT
| Sharekhan | 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 | 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 |
Sharekhan Vs Progressive Share Brokers - Demat transaction charges
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹10 per request |
Sharekhan Vs Progressive Share Brokers - GST
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Sharekhan Vs Progressive Share Brokers - SEBI Charges
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Sharekhan Vs Progressive Share Brokers - Features
| Sharekhan | Progressive Share Brokers | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth 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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| Call Back Open Account |