iTradeOnline Vs Progressive Share Brokers
iTradeOnline
iTradeOnline Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, iTradeOnline Demat Account Charges and it also gives overview on iTradeOnline NRI Account, iTradeOnline Branches, iTradeOnline Customer Complaints, iTradeOnline Advantages and Disadvantages, iTradeOnline Demat Account Opening as well as information related to share market, iTradeOnline Research Services
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
iTradeOnline Vs Progressive Share Brokers - Broker Details
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 1996 |
| Exchanges | NSE, BSE, NCDEX & MCX | NSE, BSE, MCX and NCDEX |
| Branches | 400+ | 3 |
| Brokerage | ₹20/ Order | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
iTradeOnline Vs Progressive Share Brokers - Account Opening & AMC Charges
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹200 + Service tax | ₹0 (Free) |
| Demat Account Opening Charge | ₹1000 + Service tax (Lifetime AMC) | ₹0 (Free) |
| Demat Account AMC | ₹300 + Service tax | ₹1000 + Service tax (Lifetime AMC) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
iTradeOnline Vs Progressive Share Brokers - Brokerage charges & Plans
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Equity Delivery | ₹20/ Order or 0.03% (whichever is lower) | 0.35% per order |
| Equity Options | ₹20/ Order or 0.03% (whichever is lower) | ₹35 per lot |
| Commodity Options | ₹20/ Order or 0.03% (whichever is lower) | ₹35 per lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹15 per lot |
| Fixed Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
iTradeOnline Vs Progressive Share Brokers - Other Charges
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹20/ Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20/ Order or 0.03% | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
iTradeOnline Vs Progressive Share Brokers - Transaction Charges
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE: ₹4000/Cr (on premium) (0.04%) | BSE: 1500 | Exchange txn charge: 0.035% |
| Equity Futures | NSE: ₹190/Cr (0.0019%) | NSE: 0.0019% |
| Equity Intraday | NSE: ₹325/Cr | BSE: ₹1.5/Trade (each side) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE: ₹5000/Cr (0.05%) | NSE: 0.05% (on premium) |
| Commodity | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE: ₹90/Cr (0.0009%) | BSE: ₹18/Cr (0.00018%) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE: ₹325/Cr | BSE: ₹1.5/Trade (each side) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
iTradeOnline Vs Progressive Share Brokers - Margin (Exposure)
| iTradeOnline | 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)) |
iTradeOnline Vs Progressive Share Brokers - Features
| iTradeOnline | 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: 4:40 PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.iTrade - (Mobile Trading App) 2.T5 - (Browser-based Trading Website) 3. Trust Power - (Installable Trading Terminal | 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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iTradeOnline Vs Progressive Share Brokers - Review & Rating
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
iTradeOnline Vs Progressive Share Brokers - Request a call back from Broker
| iTradeOnline | Progressive Share Brokers | |
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iTradeOnline Vs Progressive Share Brokers - Investment Options
| iTradeOnline | 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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iTradeOnline Vs Progressive Share Brokers - Order Type
| iTradeOnline | 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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iTradeOnline Vs Progressive Share Brokers - Research & Report
| iTradeOnline | 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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iTradeOnline Vs Progressive Share Brokers - Daily Market Report
| iTradeOnline | Progressive Share Brokers | |
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| Daily Market Reports & News |
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iTradeOnline Vs Progressive Share Brokers - Suitable For Investor
| iTradeOnline | Progressive Share Brokers | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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iTradeOnline Vs Progressive Share Brokers - Pros & Cons
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Pros | 1. Lifetime FREE AMC Demat Account is available with a one-time fee of ₹1000. 2. The 2-in-1 account is available (Trading + Demat Account) 3. Trading available at BSE, NSE, and MCX 4.Paperless Instant Account Opening is available with EKYC and Aadhar integration.5.Low-cost brokerage services | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1. Higher demat changes in comparison to other discount brokers. 2.It does not provide 3 in 1 account. 3.Trading API's are not available to retail customers. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
iTradeOnline Vs Progressive Share Brokers - Background
| iTradeOnline | Progressive Share Brokers | |
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iTradeOnline Vs Progressive Share Brokers - Compare All Brokers
| iTradeOnline | Progressive Share Brokers | |
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iTradeOnline Vs Progressive Share Brokers - STT/CTT
| iTradeOnline | 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 buy & 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 |
iTradeOnline Vs Progressive Share Brokers - Demat transaction charges
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 + GST per scrip only on sell | ₹10 per request |
iTradeOnline Vs Progressive Share Brokers - GST
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% of (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
iTradeOnline Vs Progressive Share Brokers - SEBI Charges
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
iTradeOnline Vs Progressive Share Brokers - Account Opening & AMC Charges
iTradeOnline
Progressive Share Brokers
Trading Account Opening Charge
₹200 + Service tax
₹0 (Free)
Demat Account Opening Charge
₹1000 + Service tax (Lifetime AMC)
₹0 (Free)
Demat Account AMC
₹300 + Service tax | ₹1000 + Service tax (Lifetime AMC)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
iTradeOnline Vs Progressive Share Brokers
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
iTradeOnline ReviewiTradeonline is an online venture of Trustline Securities Limited. A broker is considered as a mediator between the exchanges and investors and plays a key role in the investing part of any trader so it is quite important to choose a diverse and technical-driven platform. iTradeonline broker provides the facility to invest in .. + " 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
iTradeOnline Vs Progressive Share Brokers - Brokerage charges & Plans
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Equity Delivery | ₹20/ Order or 0.03% (whichever is lower) | 0.35% per order |
| Equity Options | ₹20/ Order or 0.03% (whichever is lower) | ₹35 per lot |
| Commodity Options | ₹20/ Order or 0.03% (whichever is lower) | ₹35 per lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹15 per lot |
| Fixed Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.04% per order |
iTradeOnline Vs Progressive Share Brokers - Margin (Exposure)
| iTradeOnline | 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)) |
iTradeOnline Vs Progressive Share Brokers - Other Charges
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹20/ Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20/ Order or 0.03% | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
iTradeOnline Vs Progressive Share Brokers - STT/CTT
| iTradeOnline | 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 buy & 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 |
iTradeOnline Vs Progressive Share Brokers - Demat transaction charges
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 + GST per scrip only on sell | ₹10 per request |
iTradeOnline Vs Progressive Share Brokers - GST
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% of (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
iTradeOnline Vs Progressive Share Brokers - SEBI Charges
| iTradeOnline | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
iTradeOnline Vs Progressive Share Brokers - Features
| iTradeOnline | 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:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.iTrade - (Mobile Trading App) 2.T5 - (Browser-based Trading Website) 3. Trust Power - (Installable Trading Terminal | 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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