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Comparision (mStock VS Progressive Share Brokers)

 

mStock Vs Progressive Share Brokers

mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

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

mStock Vs Progressive Share Brokers - Broker Details

mStock Progressive Share Brokers
Single Margin Facility
Year of Incorporation 2022 1996
Exchanges NSE, BSE and MCX NSE, BSE, MCX and NCDEX
Branches N/A 3
Brokerage ₹0 0.04% per order
Broker Type Discount Broker Full Service Broker

mStock Vs Progressive Share Brokers - Account Opening & AMC Charges

mStock Progressive Share Brokers
Trading Account Opening Charge ₹149 or ₹999 ₹0 (Free)
Demat Account Opening Charge ₹149 or ₹999 ₹0 (Free)
Demat Account AMC ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) ₹250 per Year
Trading Account AMC ₹149 or ₹999 + ₹999 (One time AMC) NA

mStock Vs Progressive Share Brokers - Brokerage charges & Plans

mStock Progressive Share Brokers
Commodity Futures ₹0 0.04% per order
Currency Futures ₹0 0.04% per order
Equity Delivery ₹0 0.35% per order
Equity Options ₹0 ₹35 per lot
Commodity Options ₹0 ₹35 per lot
Equity Futures ₹0 0.04% per order
Currency Options ₹0 ₹15 per lot
Fixed Charges ₹0 0.04% per order
Equity Intraday ₹0 0.04% per order

mStock Vs Progressive Share Brokers - Other Charges

mStock 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 ₹0 (Free) 0.04% per order
Minimum Brokerage ₹0 (Free) 0.04% per order

mStock Vs Progressive Share Brokers - Transaction Charges

mStock Progressive Share Brokers
Currency Options NSE: Exchange txn charge: 0.035% Exchange txn charge: 0.035%
Equity Futures NSE: 0.0019% NSE: 0.0019%
Equity Intraday BSE: 0.00375% | NSE: 0.00325% NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)
Equity Options NSE: 0.050% NSE: 0.05% (on premium)
Commodity Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025%
Currency Futures NSE: Exchange txn charge: 0.0009% Exchange txn charge: 0.0009% Clearing charge: .00025%
Equity Delivery BSE: 0.00375% | NSE: 0.00325% NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)

mStock Vs Progressive Share Brokers - Margin (Exposure)

mStock 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))

mStock Vs Progressive Share Brokers - Features

mStock 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM
Trading Platform 1. Mstock Mobile App, 2. Mstock Web Portal 1. Investor 360 Web Portal, 2. Investor 360 Mobile App
SMS Alerts for Trades
Direct Mutual Fund

mStock Vs Progressive Share Brokers - Review & Rating

mStock Progressive Share Brokers
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

mStock Vs Progressive Share Brokers - Request a call back from Broker

mStock Progressive Share Brokers

mStock Vs Progressive Share Brokers - Investment Options

mStock Progressive Share Brokers
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

mStock Vs Progressive Share Brokers - Order Type

mStock Progressive Share Brokers
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

mStock Vs Progressive Share Brokers - Research & Report

mStock Progressive Share Brokers
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

mStock Vs Progressive Share Brokers - Daily Market Report

mStock Progressive Share Brokers
Daily Market Reports & News

mStock Vs Progressive Share Brokers - Suitable For Investor

mStock Progressive Share Brokers
Casual Investor
Active Investor
Trader

mStock Vs Progressive Share Brokers - Pros & Cons

mStock Progressive Share Brokers
Pros 1.It charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available. 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features
Cons 1.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee. 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches

mStock Vs Progressive Share Brokers - Background

mStock Progressive Share Brokers

mStock Vs Progressive Share Brokers - Compare All Brokers

mStock Progressive Share Brokers

mStock Vs Progressive Share Brokers - STT/CTT

mStock 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 both Buy and Sell 0.1% on buy & sell
Equity Futures 0.0125% on sell side 0.0125% on sell side
Commodity Options 0.05% on sell side 0.05% on sell side

mStock Vs Progressive Share Brokers - Demat transaction charges

mStock Progressive Share Brokers
Equity Demat Transaction Charges ₹12 + Gst per scrip only on sell ₹10 per request

mStock Vs Progressive Share Brokers - GST

mStock Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (brokerage + transaction charges + SEBI charges) 18% on (Brokerage + Transaction Charge)

mStock Vs Progressive Share Brokers - SEBI Charges

mStock Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) ₹10 / crore ₹10/Crore

mStock Vs Progressive Share Brokers - Account Opening & AMC Charges

mStock
Progressive Share Brokers
Trading Account Opening Charge
₹149 or ₹999
₹0 (Free)
Demat Account Opening Charge
₹149 or ₹999
₹0 (Free)
Demat Account AMC
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
₹250 per Year
Trading Account AMC
₹149 or ₹999 + ₹999 (One time AMC)
NA
 
Call Back Open Account

mStock Vs Progressive Share Brokers

mStock Progressive Share Brokers
 

mStock Review 2024

mStock ..
+ " Vs "+ Progressive Share Brokers

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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

mStock Vs Progressive Share Brokers - Brokerage charges & Plans

mStock Progressive Share Brokers
Commodity Futures ₹0 0.04% per order
Currency Futures ₹0 0.04% per order
Equity Delivery ₹0 0.35% per order
Equity Options ₹0 ₹35 per lot
Commodity Options ₹0 ₹35 per lot
Equity Futures ₹0 0.04% per order
Currency Options ₹0 ₹15 per lot
Fixed Charges ₹0 0.04% per order
Equity Intraday ₹0 0.04% per order
Call Back Open Account

mStock Vs Progressive Share Brokers - Margin (Exposure)

mStock 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))
Call Back Open Account

mStock Vs Progressive Share Brokers - Other Charges

mStock 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 ₹0 (Free) 0.04% per order
Minimum Brokerage ₹0 (Free) 0.04% per order

mStock Vs Progressive Share Brokers - STT/CTT

mStock 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 both Buy and Sell 0.1% on buy & sell
Equity Futures 0.0125% on sell side 0.0125% on sell side
Commodity Options 0.05% on sell side 0.05% on sell side

mStock Vs Progressive Share Brokers - Demat transaction charges

mStock Progressive Share Brokers
Equity Demat Transaction Charges ₹12 + Gst per scrip only on sell ₹10 per request

mStock Vs Progressive Share Brokers - GST

mStock Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (brokerage + transaction charges + SEBI charges) 18% on (Brokerage + Transaction Charge)

mStock Vs Progressive Share Brokers - SEBI Charges

mStock Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) ₹10 / crore ₹10/Crore

mStock Vs Progressive Share Brokers - Features

mStock 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM
Trading Platform 1. Mstock Mobile App, 2. Mstock Web Portal 1. Investor 360 Web Portal, 2. Investor 360 Mobile App
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

mStock

Progressive Share Brokers