Wisdom Capital Vs Progressive Share Brokers
Wisdom Capital
Wisdom Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review Wisdom Capital 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
Wisdom Capital Vs Progressive Share Brokers - Broker Details
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2013 | 1996 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 54+ | 3 |
| Brokerage | ₹9/ Trade | 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
Wisdom Capital Vs Progressive Share Brokers - Account Opening & AMC Charges
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹999 + taxes (For Lifetime) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Wisdom Capital Vs Progressive Share Brokers - Brokerage charges & Plans
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹9/ Trade | 0.04% per order |
| Currency Futures | ₹9/ Trade | 0.04% per order |
| Equity Delivery | ₹9/ Trade | 0.35% per order |
| Equity Options | ₹9/ Trade | ₹35 per lot |
| Commodity Options | ₹9/ Trade | ₹35 per lot |
| Equity Futures | ₹9/ Trade | 0.04% per order |
| Currency Options | ₹9/ Trade | ₹15 per lot |
| Fixed Charges | ₹9/ Trade | 0.04% per order |
| Equity Intraday | 0.01% | 0.04% per order |
Wisdom Capital Vs Progressive Share Brokers - Other Charges
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹20/ Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹9/ Trade | 0.04% per order |
| Minimum Brokerage | ₹9/ Trade | 0.04% per order |
Wisdom Capital Vs Progressive Share Brokers - Transaction Charges
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Currency Options | N/A | Exchange txn charge: 0.035% |
| Equity Futures | 0.0028% | NSE: 0.0019% |
| Equity Intraday | 0.0035% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.06% (on premium) | NSE: 0.05% (on premium) |
| Commodity | 0.0025% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | N/A | 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) |
Wisdom Capital Vs Progressive Share Brokers - Margin (Exposure)
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Equity Options | Upto 2x | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | Upto 10x | 5x (Up to 20% of trade value) |
| Currency Options | Upto 2x | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | Upto 2x | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | Upto 2x | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | Upto 2x | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | Upto 2x | 1x (100% of Normal margin (Span + Exposure)) |
Wisdom Capital Vs Progressive Share Brokers - Features
| Wisdom Capital | 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 Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 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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Wisdom Capital Vs Progressive Share Brokers - Review & Rating
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Wisdom Capital Vs Progressive Share Brokers - Request a call back from Broker
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
Wisdom Capital Vs Progressive Share Brokers - Investment Options
| Wisdom Capital | 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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Wisdom Capital Vs Progressive Share Brokers - Order Type
| Wisdom Capital | 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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Wisdom Capital Vs Progressive Share Brokers - Research & Report
| Wisdom Capital | 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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Wisdom Capital Vs Progressive Share Brokers - Daily Market Report
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Wisdom Capital Vs Progressive Share Brokers - Suitable For Investor
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Wisdom Capital Vs Progressive Share Brokers - Pros & Cons
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Pros | • Provide facility to invest in almost all segments; equity, derivative, currency, commodity and mutual fund. • You can trade in BSE, NSE and MCX. • Offers semi and fully automated algo trading. • Free trading software. • Different unlimited validity plans available for all kind of traders. • 100% paperless account opening facility. • Free demat account. • Handsome leverage in every segment. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | • You can not invest in IPO by using this platform. • It does not provide the facility to invest in US stocks. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Wisdom Capital Vs Progressive Share Brokers - Background
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
Wisdom Capital Vs Progressive Share Brokers - Compare All Brokers
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
Wisdom Capital Vs Progressive Share Brokers - STT/CTT
| Wisdom Capital | 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 |
Wisdom Capital Vs Progressive Share Brokers - Demat transaction charges
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip | ₹10 per request |
Wisdom Capital Vs Progressive Share Brokers - GST
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Wisdom Capital Vs Progressive Share Brokers - SEBI Charges
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Wisdom Capital Vs Progressive Share Brokers - Account Opening & AMC Charges
Wisdom Capital
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹999 + taxes (For Lifetime)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Wisdom Capital Vs Progressive Share Brokers
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
Wisdom Capital Vs Progressive Share Brokers - Brokerage charges & Plans
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹9/ Trade | 0.04% per order |
| Currency Futures | ₹9/ Trade | 0.04% per order |
| Equity Delivery | ₹9/ Trade | 0.35% per order |
| Equity Options | ₹9/ Trade | ₹35 per lot |
| Commodity Options | ₹9/ Trade | ₹35 per lot |
| Equity Futures | ₹9/ Trade | 0.04% per order |
| Currency Options | ₹9/ Trade | ₹15 per lot |
| Fixed Charges | ₹9/ Trade | 0.04% per order |
| Equity Intraday | 0.01% | 0.04% per order |
Wisdom Capital Vs Progressive Share Brokers - Margin (Exposure)
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Equity Options | Upto 2x | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | Upto 10x | 5x (Up to 20% of trade value) |
| Currency Options | Upto 2x | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | Upto 2x | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | Upto 2x | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | Upto 2x | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | Upto 2x | 1x (100% of Normal margin (Span + Exposure)) |
Wisdom Capital Vs Progressive Share Brokers - Other Charges
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹20/ Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹9/ Trade | 0.04% per order |
| Minimum Brokerage | ₹9/ Trade | 0.04% per order |
Wisdom Capital Vs Progressive Share Brokers - STT/CTT
| Wisdom Capital | 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 |
Wisdom Capital Vs Progressive Share Brokers - Demat transaction charges
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip | ₹10 per request |
Wisdom Capital Vs Progressive Share Brokers - GST
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Wisdom Capital Vs Progressive Share Brokers - SEBI Charges
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Wisdom Capital Vs Progressive Share Brokers - Features
| Wisdom Capital | Progressive Share Brokers | |
|---|---|---|
| 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 Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | • Trade Eye • Nest Trader • Fox Trader • Wisdom Pro Trading App • Wisdom Trade | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|