Indira Securities Vs Progressive Share Brokers
Indira Securities
Indira Securities Review gives an overall view and updates about the Indira Securities Brokerage Charges, Indira Securities Margin, Indira Securities Trading Software 2024, Indira Securities Demat Account Charges and it also gives overview on Indira Securities NRI Account, Indira Securities Branches, Indira Securities Customer Complaints, Indira Securities 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
Indira Securities Vs Progressive Share Brokers - Broker Details
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 1996 |
| Exchanges | NSE, BSE, MCX. | NSE, BSE, MCX and NCDEX |
| Branches | 70+ | 3 |
| Brokerage | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Indira Securities Vs Progressive Share Brokers - Account Opening & AMC Charges
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹450 (2nd year onwards) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Indira Securities Vs Progressive Share Brokers - Brokerage charges & Plans
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
| Currency Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
| Equity Delivery | ₹20/ Order or 0.10% (whichever is lower) | 0.35% per order |
| Equity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹35 per lot |
| Commodity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹35 per lot |
| Equity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
| Currency Options | ₹20/ Order or ₹25/ Lot (both side) | ₹15 per lot |
| Fixed Charges | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
| Equity Intraday | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
Indira Securities Vs Progressive Share Brokers - Other Charges
| Indira Securities | 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 | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
Indira Securities Vs Progressive Share Brokers - Transaction Charges
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE ₹500/Cr (0.005%) (on premium) | Exchange txn charge: 0.035% |
| Equity Futures | NSE: ₹200/Cr (0.0019%) | NSE: 0.0019% |
| Equity Intraday | NSE: ₹345/Cr (0.00325%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE ₹5000/Cr (0.05%) (on premium) | NSE: 0.05% (on premium) |
| Commodity | Non-Agri: ₹260/Cr (0.0026%) | Agri: ₹600/Cr (0.006%) | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE ₹120/Cr (0.0012%) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE: ₹345/Cr (0.00325%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Indira Securities Vs Progressive Share Brokers - Margin (Exposure)
| Indira Securities | 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)) |
Indira Securities Vs Progressive Share Brokers - Features
| Indira 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.Trade Insta - (Mobile App) 2. Indira Trade - (Web) 3. Indira Trader Terminal- (Desktop Software) 4.MF Planet( Mutual fund) | 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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Indira Securities Vs Progressive Share Brokers - Review & Rating
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Indira Securities Vs Progressive Share Brokers - Request a call back from Broker
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
Indira Securities Vs Progressive Share Brokers - Investment Options
| Indira 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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Indira Securities Vs Progressive Share Brokers - Order Type
| Indira 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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Indira Securities Vs Progressive Share Brokers - Research & Report
| Indira 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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Indira Securities Vs Progressive Share Brokers - Daily Market Report
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Indira Securities Vs Progressive Share Brokers - Suitable For Investor
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Indira Securities Vs Progressive Share Brokers - Pros & Cons
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Pros | 1.Full-service broker offering discount brokerage plan. 2.Offers ODIN as trading platform. 3.No charges for Call & Trade and Auto Square-off. 4.Relationship manager even for online customers | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.Doesn't offer NRI trading account. 2. It does not provide 3 in 1 account. 3.It does not offer monthly unlimited trading plans. | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Indira Securities Vs Progressive Share Brokers - Background
| Indira Securities | Progressive Share Brokers | |
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Indira Securities Vs Progressive Share Brokers - Compare All Brokers
| Indira Securities | Progressive Share Brokers | |
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Indira Securities Vs Progressive Share Brokers - STT/CTT
| Indira 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(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 |
Indira Securities Vs Progressive Share Brokers - Demat transaction charges
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13 + GST per scrip only on sell | ₹10 per request |
Indira Securities Vs Progressive Share Brokers - GST
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Indira Securities Vs Progressive Share Brokers - SEBI Charges
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Indira Securities Vs Progressive Share Brokers - Account Opening & AMC Charges
Indira Securities
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹450 (2nd year onwards)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Indira Securities Vs Progressive Share Brokers
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
Indira Securities Review | Brokerage Charges, Account Opening‘Gateway to Prosperity’ is the tagline of the Indira Securities Private Limited which was incorporated on 1987 as a financial service provider. Indira Securities believes that investing is an art which requires a clear vision and balanced approach. The company’s principle is to provide hassle-free and transparent platform through which a .. + " 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
Indira Securities Vs Progressive Share Brokers - Brokerage charges & Plans
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
| Currency Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
| Equity Delivery | ₹20/ Order or 0.10% (whichever is lower) | 0.35% per order |
| Equity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹35 per lot |
| Commodity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹35 per lot |
| Equity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
| Currency Options | ₹20/ Order or ₹25/ Lot (both side) | ₹15 per lot |
| Fixed Charges | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
| Equity Intraday | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
Indira Securities Vs Progressive Share Brokers - Margin (Exposure)
| Indira Securities | 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)) |
Indira Securities Vs Progressive Share Brokers - Other Charges
| Indira Securities | 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 | ₹20/ Order or 0.01% (whichever is lower) | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
Indira Securities Vs Progressive Share Brokers - STT/CTT
| Indira 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(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 |
Indira Securities Vs Progressive Share Brokers - Demat transaction charges
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13 + GST per scrip only on sell | ₹10 per request |
Indira Securities Vs Progressive Share Brokers - GST
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Indira Securities Vs Progressive Share Brokers - SEBI Charges
| Indira Securities | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Indira Securities Vs Progressive Share Brokers - Features
| Indira Securities | 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.Trade Insta - (Mobile App) 2. Indira Trade - (Web) 3. Indira Trader Terminal- (Desktop Software) 4.MF Planet( Mutual fund) | 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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