Trade Smart Vs Progressive Share Brokers
Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, 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
Trade Smart Vs Progressive Share Brokers - Broker Details
| Trade Smart | Progressive Share Brokers | |
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| Single Margin Facility |
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| Year of Incorporation | 1994 | 1996 |
| Exchanges | BSE, NSE and MCX. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 3 |
| Brokerage | 0.007% or ₹15/ Order | 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
Trade Smart Vs Progressive Share Brokers - Account Opening & AMC Charges
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 ( 2nd Year onwards) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Trade Smart Vs Progressive Share Brokers - Brokerage charges & Plans
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.007% or ₹15/ Order | 0.04% per order |
| Currency Futures | 0.007% or ₹15/ Order | 0.04% per order |
| Equity Delivery | 0.07% or ₹15/ Order | 0.35% per order |
| Equity Options | ₹7/ Lot or ₹15/ Order | ₹35 per lot |
| Commodity Options | ₹7/ Lot or ₹15/ Order | ₹35 per lot |
| Equity Futures | 0.007% or ₹15/ Order | 0.04% per order |
| Currency Options | ₹7/ Lot or ₹15/ Order | ₹15 per lot |
| Fixed Charges | ₹15/ Order | 0.04% per order |
| Equity Intraday | 0.007% or ₹15/ Order | 0.04% per order |
Trade Smart Vs Progressive Share Brokers - Other Charges
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 per order |
| API Charges | ₹750/Order | Free API |
| Call & Trade Charges | ₹20/Order + brokerage commission | Rs. 20 (+ GST) |
| Other Brokerage Charges | 0.007% or ₹15/ Order | 0.04% per order |
| Minimum Brokerage | ₹15/ Order | 0.04% per order |
Trade Smart Vs Progressive Share Brokers - Transaction Charges
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Currency Options | 0.06% | Exchange txn charge: 0.035% |
| Equity Futures | 0.0024% | NSE: 0.0019% |
| Equity Intraday | 0.0035% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.0715% | NSE: 0.05% (on premium) |
| Commodity | 0.0039% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | 0.00165% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | 0.0035% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Trade Smart Vs Progressive Share Brokers - Margin (Exposure)
| Trade Smart | 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)) |
Trade Smart Vs Progressive Share Brokers - Features
| Trade Smart | 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: 4:45 PM | Commodities: 11:30 PM / 11:55 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader | 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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Trade Smart Vs Progressive Share Brokers - Review & Rating
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Trade Smart Vs Progressive Share Brokers - Request a call back from Broker
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
Trade Smart Vs Progressive Share Brokers - Investment Options
| Trade Smart | 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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Trade Smart Vs Progressive Share Brokers - Order Type
| Trade Smart | 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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Trade Smart Vs Progressive Share Brokers - Research & Report
| Trade Smart | 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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Trade Smart Vs Progressive Share Brokers - Daily Market Report
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Trade Smart Vs Progressive Share Brokers - Suitable For Investor
| Trade Smart | Progressive Share Brokers | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Trade Smart Vs Progressive Share Brokers - Pros & Cons
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Pros | 1.It provides the unique brokerage plans designed to meet the needs of the customers. 2.The Bracket Order and Cover Order are available on mobile app. 3.TradeSmart do not require any minimum amount to open an account. 4.Low Transaction charge. 5.It provides excellent customer service. 6.It provides 10% credit of the brokerage that are generated by the clients referred by them. 7. No Minimum Commitment 8.It facilitates its customers with the Mutual Funds and Offer for Sale .9. It provides advanced trading tools to make trading easy and fluent. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.The call and trade are charged at an additional cost of ₹20 per trade. 2. It allows Intraday positions squared off by the RMS team is charged at ₹20 per trader. 3.It does not provide the facility of 3-in-1 account. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Trade Smart Vs Progressive Share Brokers - Background
| Trade Smart | Progressive Share Brokers | |
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Trade Smart Vs Progressive Share Brokers - Compare All Brokers
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
Trade Smart Vs Progressive Share Brokers - STT/CTT
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Trade Smart Vs Progressive Share Brokers - Demat transaction charges
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹10 per request |
Trade Smart Vs Progressive Share Brokers - GST
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Trade Smart Vs Progressive Share Brokers - SEBI Charges
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Trade Smart Vs Progressive Share Brokers - Account Opening & AMC Charges
Trade Smart
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 ( 2nd Year onwards)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Trade Smart Vs Progressive Share Brokers
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
TradeSmart Review | Brokerage Charges, Account OpeningTradeSmart is an Indian Discount broker house. According to TradeSmart broker review, this broker is a Mumbai-based broker that offers various discount brokerage services in stock, commodity, and currency trading segments. Tradesmartonline review is a venture of VNS finance that has a long brokerage service experience of more than 20 years. VNS Fina .. + " 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
Trade Smart Vs Progressive Share Brokers - Brokerage charges & Plans
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.007% or ₹15/ Order | 0.04% per order |
| Currency Futures | 0.007% or ₹15/ Order | 0.04% per order |
| Equity Delivery | 0.07% or ₹15/ Order | 0.35% per order |
| Equity Options | ₹7/ Lot or ₹15/ Order | ₹35 per lot |
| Commodity Options | ₹7/ Lot or ₹15/ Order | ₹35 per lot |
| Equity Futures | 0.007% or ₹15/ Order | 0.04% per order |
| Currency Options | ₹7/ Lot or ₹15/ Order | ₹15 per lot |
| Fixed Charges | ₹15/ Order | 0.04% per order |
| Equity Intraday | 0.007% or ₹15/ Order | 0.04% per order |
Trade Smart Vs Progressive Share Brokers - Margin (Exposure)
| Trade Smart | 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)) |
Trade Smart Vs Progressive Share Brokers - Other Charges
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 per order |
| API Charges | ₹750/Order | Free API |
| Call & Trade Charges | ₹20/Order + brokerage commission | Rs. 20 (+ GST) |
| Other Brokerage Charges | 0.007% or ₹15/ Order | 0.04% per order |
| Minimum Brokerage | ₹15/ Order | 0.04% per order |
Trade Smart Vs Progressive Share Brokers - STT/CTT
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Trade Smart Vs Progressive Share Brokers - Demat transaction charges
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹10 per request |
Trade Smart Vs Progressive Share Brokers - GST
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Trade Smart Vs Progressive Share Brokers - SEBI Charges
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Trade Smart Vs Progressive Share Brokers - Features
| Trade Smart | Progressive Share Brokers | |
|---|---|---|
| Online Portfolio |
|
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| 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: 4:45 PM | Commodities: 11:30 PM / 11:55 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader | 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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