Definedge Securities Vs Progressive Share Brokers
Definedge Securities
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
Definedge Securities Vs Progressive Share Brokers - Broker Details
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 1996 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE, MCX and NCDEX |
| Branches | 270 | 3 |
| Brokerage | ₹18 per executed order | 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
Definedge Securities Vs Progressive Share Brokers - Account Opening & AMC Charges
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹180 | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹250 per Year |
| Trading Account AMC | ₹300 AMC | NA |
Definedge Securities Vs Progressive Share Brokers - Brokerage charges & Plans
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.04% per order |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | 0.04% per order |
| Equity Delivery | ₹0 (Free) | 0.35% per order |
| Equity Options | ₹18 per executed order | ₹35 per lot |
| Commodity Options | ₹18 per executed order | ₹35 per lot |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.04% per order |
| Currency Options | ₹18 per executed order | ₹15 per lot |
| Fixed Charges | ₹18 per executed order | 0.04% per order |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | 0.04% per order |
Definedge Securities Vs Progressive Share Brokers - Other Charges
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹36/- per order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹18 per executed order | 0.04% per order |
| Minimum Brokerage | ₹18 per executed order | 0.04% per order |
Definedge Securities Vs Progressive Share Brokers - Transaction Charges
| Definedge Securities | 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) |
Definedge Securities Vs Progressive Share Brokers - Margin (Exposure)
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Definedge Securities Vs Progressive Share Brokers - Features
| Definedge 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 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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Definedge Securities Vs Progressive Share Brokers - Review & Rating
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
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Definedge Securities Vs Progressive Share Brokers - Request a call back from Broker
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
Definedge Securities Vs Progressive Share Brokers - Investment Options
| Definedge 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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Definedge Securities Vs Progressive Share Brokers - Order Type
| Definedge 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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Definedge Securities Vs Progressive Share Brokers - Research & Report
| Definedge 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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Definedge Securities Vs Progressive Share Brokers - Daily Market Report
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Definedge Securities Vs Progressive Share Brokers - Suitable For Investor
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Definedge Securities Vs Progressive Share Brokers - Pros & Cons
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Definedge Securities Vs Progressive Share Brokers - Background
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
Definedge Securities Vs Progressive Share Brokers - Compare All Brokers
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
Definedge Securities Vs Progressive Share Brokers - STT/CTT
| Definedge 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 | 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 |
Definedge Securities Vs Progressive Share Brokers - Demat transaction charges
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹10 per request |
Definedge Securities Vs Progressive Share Brokers - GST
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Definedge Securities Vs Progressive Share Brokers - SEBI Charges
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs Progressive Share Brokers - Account Opening & AMC Charges
Definedge Securities
Progressive Share Brokers
Trading Account Opening Charge
₹180
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300
₹250 per Year
Trading Account AMC
₹300 AMC
NA
Definedge Securities Vs Progressive Share Brokers
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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
Definedge Securities Vs Progressive Share Brokers - Brokerage charges & Plans
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.04% per order |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | 0.04% per order |
| Equity Delivery | ₹0 (Free) | 0.35% per order |
| Equity Options | ₹18 per executed order | ₹35 per lot |
| Commodity Options | ₹18 per executed order | ₹35 per lot |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.04% per order |
| Currency Options | ₹18 per executed order | ₹15 per lot |
| Fixed Charges | ₹18 per executed order | 0.04% per order |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | 0.04% per order |
Definedge Securities Vs Progressive Share Brokers - Margin (Exposure)
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Definedge Securities Vs Progressive Share Brokers - Other Charges
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹36/- per order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹18 per executed order | 0.04% per order |
| Minimum Brokerage | ₹18 per executed order | 0.04% per order |
Definedge Securities Vs Progressive Share Brokers - STT/CTT
| Definedge 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 | 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 |
Definedge Securities Vs Progressive Share Brokers - Demat transaction charges
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹10 per request |
Definedge Securities Vs Progressive Share Brokers - GST
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Definedge Securities Vs Progressive Share Brokers - SEBI Charges
| Definedge Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs Progressive Share Brokers - Features
| Definedge Securities | 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 & 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. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
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