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Quick Comparision (Progressive Share Brokers VS Elite Wealth)

 
 

Progressive Share Brokers Vs Elite Wealth

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

Elite Wealth

Progressive Share Brokers Vs Elite Wealth - Broker Details

Progressive Share Brokers Elite Wealth
Single Margin Facility
Year of Incorporation 1996 1990
Exchanges NSE, BSE, MCX and NCDEX NSE, BSE, MCX and NCDEX
Branches 3 N/A
Brokerage 0.04% per order 0.03%
Broker Type Full Service Broker Full Service Broker

Progressive Share Brokers Vs Elite Wealth - Account Opening & AMC Charges

Progressive Share Brokers Elite Wealth
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹250 per Year First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC NA ₹0 (Free)

Progressive Share Brokers Vs Elite Wealth - Brokerage charges & Plans

Progressive Share Brokers Elite Wealth
Commodity Futures 0.04% per order 0.03%
Currency Futures 0.04% per order 0.03%
Equity Delivery 0.35% per order 0.33%
Equity Options ₹35 per lot ₹33 per Lot
Commodity Options ₹35 per lot 0.03%
Equity Futures 0.04% per order 0.03%
Currency Options ₹15 per lot ₹33 per Lot
Fixed Charges 0.04% per order 0.03%
Equity Intraday 0.04% per order 0.03%

Progressive Share Brokers Vs Elite Wealth - Transaction Charges

Progressive Share Brokers Elite Wealth
Currency Options Exchange txn charge: 0.035% NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures NSE: 0.0019% NSE: 0.00195% on Total Turnover value
Equity Intraday NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Options NSE: 0.05% (on premium) NSE: 0.053% on Premium value
Commodity Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
Currency Futures Exchange txn charge: 0.0009% Clearing charge: .00025% NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
Equity Delivery NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%

Progressive Share Brokers Vs Elite Wealth - Margin (Exposure)

Progressive Share Brokers Elite Wealth
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))

Progressive Share Brokers Vs Elite Wealth - Features

Progressive Share Brokers Elite Wealth
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. Investor 360 Web Portal, 2. Investor 360 Mobile App 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform
SMS Alerts for Trades
Direct Mutual Fund

Progressive Share Brokers Vs Elite Wealth - Review & Rating

Progressive Share Brokers Elite Wealth
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Progressive Share Brokers Vs Elite Wealth - Request a call back from Broker

Progressive Share Brokers Elite Wealth

Progressive Share Brokers Vs Elite Wealth - Investment Options

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

Progressive Share Brokers Vs Elite Wealth - Order Type

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

Progressive Share Brokers Vs Elite Wealth - Research & Report

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

Progressive Share Brokers Vs Elite Wealth - Suitable For Investor

Progressive Share Brokers Elite Wealth
Casual Investor
Active Investor
Trader

Progressive Share Brokers Vs Elite Wealth - Pros & Cons

Progressive Share Brokers Elite Wealth
Pros 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days
Cons 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading.

Progressive Share Brokers Vs Elite Wealth - Background

Progressive Share Brokers Elite Wealth

Progressive Share Brokers Vs Elite Wealth - Compare All Brokers

Progressive Share Brokers Elite Wealth

Progressive Share Brokers Vs Elite Wealth - STT/CTT

Progressive Share Brokers Elite Wealth
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 Sell
Equity Options 0.0625% on sell side (on premium) 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & Sell
Equity Futures 0.0125% on sell side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side

Progressive Share Brokers Vs Elite Wealth - Demat transaction charges

Progressive Share Brokers Elite Wealth
Equity Demat Transaction Charges ₹10 per request No Charges

Progressive Share Brokers Vs Elite Wealth - GST

Progressive Share Brokers Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)

Progressive Share Brokers Vs Elite Wealth - SEBI Charges

Progressive Share Brokers Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

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Progressive Share Brokers Elite Wealth

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Progressive Share Brokers Elite Wealth

Progressive Share Brokers Vs Elite Wealth - Account Opening & AMC Charges

Progressive Share Brokers
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
NA
₹0 (Free)
 

Progressive Share Brokers Vs Elite Wealth

Progressive Share Brokers Elite Wealth
 

Progressive Share Brokers Account Opening Process and Charges

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Elite Wealth Review | Products and Trading Platforms 

Read more..

 
 

Elite Wealth

Progressive Share Brokers Vs Elite Wealth - Brokerage charges & Plans

Progressive Share Brokers Elite Wealth
Commodity Futures 0.04% per order 0.03%
Currency Futures 0.04% per order 0.03%
Equity Delivery 0.35% per order 0.33%
Equity Options ₹35 per lot ₹33 per Lot
Commodity Options ₹35 per lot 0.03%
Equity Futures 0.04% per order 0.03%
Currency Options ₹15 per lot ₹33 per Lot
Fixed Charges 0.04% per order 0.03%
Equity Intraday 0.04% per order 0.03%

Progressive Share Brokers Vs Elite Wealth - Margin (Exposure)

Progressive Share Brokers Elite Wealth
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))

Progressive Share Brokers Vs Elite Wealth - STT/CTT

Progressive Share Brokers Elite Wealth
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 Sell
Equity Options 0.0625% on sell side (on premium) 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & Sell
Equity Futures 0.0125% on sell side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side

Progressive Share Brokers Vs Elite Wealth - Demat transaction charges

Progressive Share Brokers Elite Wealth
Equity Demat Transaction Charges ₹10 per request No Charges

Progressive Share Brokers Vs Elite Wealth - GST

Progressive Share Brokers Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)

Progressive Share Brokers Vs Elite Wealth - SEBI Charges

Progressive Share Brokers Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Progressive Share Brokers Vs Elite Wealth - Features

Progressive Share Brokers Elite Wealth
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. Investor 360 Web Portal, 2. Investor 360 Mobile App 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform
SMS Alerts for Trades
Direct Mutual Fund

Progressive Share Brokers

Elite Wealth