Progressive Share Brokers Vs Fyers
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
Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Progressive Share Brokers Vs Fyers - Broker Details
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX. |
| Branches | 3 | Zero |
| Brokerage | 0.04% per order | ₹20/ Order or 0.03% ( Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
Progressive Share Brokers Vs Fyers - Account Opening & AMC Charges
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
Progressive Share Brokers Vs Fyers - Brokerage charges & Plans
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.35% per order | ₹0 |
| Equity Options | ₹35 per lot | ₹20/ Order |
| Commodity Options | ₹35 per lot | ₹20/ Order |
| Equity Futures | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹15 per lot | ₹20/ Order |
| Fixed Charges | 0.04% per order | ₹20/ Order |
| Equity Intraday | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower)r |
Progressive Share Brokers Vs Fyers - Other Charges
| Progressive Share Brokers | Fyers | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | (₹50 + GST) |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | (₹50 + GST) |
| Other Brokerage Charges | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs Fyers - Transaction Charges
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | ₹5900/ Cr(on premium) (0.059%) |
| Equity Futures | NSE: 0.0019% | ₹240/ Cr (0.0024%) |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | ₹325/ Cr (0.00325%) |
| Equity Options | NSE: 0.05% (on premium) | ₹5900/ Cr (on premium) (0.059%) |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | NA |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | ₹240/ Cr (0.0024%) |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | ₹325/ Cr (0.00325%) |
Progressive Share Brokers Vs Fyers - Margin (Exposure)
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs Fyers - Features
| Progressive Share Brokers | Fyers | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Progressive Share Brokers Vs Fyers - Review & Rating
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Progressive Share Brokers Vs Fyers - Request a call back from Broker
| Progressive Share Brokers | Fyers | |
|---|---|---|
Progressive Share Brokers Vs Fyers - Investment Options
| Progressive Share Brokers | Fyers | |
|---|---|---|
| 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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Progressive Share Brokers Vs Fyers - Order Type
| Progressive Share Brokers | Fyers | |
|---|---|---|
| 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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Progressive Share Brokers Vs Fyers - Research & Report
| Progressive Share Brokers | Fyers | |
|---|---|---|
| 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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Progressive Share Brokers Vs Fyers - Daily Market Report
| Progressive Share Brokers | Fyers | |
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| Daily Market Reports & News |
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Progressive Share Brokers Vs Fyers - Suitable For Investor
| Progressive Share Brokers | Fyers | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Progressive Share Brokers Vs Fyers - Pros & Cons
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1.Free equity delivery trading 2.The brokerage rate charged by FYERS is ultra-low, Flat ₹20 per trade 3.Quick implementation of new features and services through in-house build trading platform. 4.Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. 5.Investment opportunities in group of stocks through Thematic Investing. 6.Transparency in fee charging i.e. there are no hidden charges. 7.Availability of trading software’s that too completely free. |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1.Higher exchange transaction charges in comparison to other discount brokers. 2. Lack of professional team for market analysis. 3.Depository Services are not provided. 4.FYERS does not provide commodity trading services 5.Customer service lines are not toll free. |
Progressive Share Brokers Vs Fyers - Background
| Progressive Share Brokers | Fyers | |
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Progressive Share Brokers Vs Fyers - Compare All Brokers
| Progressive Share Brokers | Fyers | |
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Progressive Share Brokers Vs Fyers - STT/CTT
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on the sell value |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on sell value |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on sell value (Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.10% |
| Equity Futures | 0.0125% on sell side | 0.01% on sell value |
| Commodity Options | 0.05% on sell side | 0.05% on the sell value |
Progressive Share Brokers Vs Fyers - Demat transaction charges
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹7 + ₹5.5 (CDSL Charges) |
Progressive Share Brokers Vs Fyers - GST
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction charges) |
Progressive Share Brokers Vs Fyers - SEBI Charges
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs Fyers - Account Opening & AMC Charges
Progressive Share Brokers
Fyers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs Fyers
| Progressive Share Brokers | Fyers | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
FYERS Review 2024 | Brokerage Charges, Account OpeningFYERS Securities is a Bangalore based discount broker, offering trade in Equity cash, F&O and Currency Derivatives segments at NSE, BSE and MCX. Being incorporated in 2015, the firm focuses on providing services at low brokerage rates. In fact, FYERS is an acronym of “Focus Your Energy & Reform t .. |
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Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Progressive Share Brokers Vs Fyers - Brokerage charges & Plans
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.35% per order | ₹0 |
| Equity Options | ₹35 per lot | ₹20/ Order |
| Commodity Options | ₹35 per lot | ₹20/ Order |
| Equity Futures | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹15 per lot | ₹20/ Order |
| Fixed Charges | 0.04% per order | ₹20/ Order |
| Equity Intraday | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower)r |
| Call Back Open Account |
Progressive Share Brokers Vs Fyers - Margin (Exposure)
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs Fyers - Other Charges
| Progressive Share Brokers | Fyers | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | (₹50 + GST) |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | (₹50 + GST) |
| Other Brokerage Charges | 0.04% per order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs Fyers - STT/CTT
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on the sell value |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on sell value |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on sell value (Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.10% |
| Equity Futures | 0.0125% on sell side | 0.01% on sell value |
| Commodity Options | 0.05% on sell side | 0.05% on the sell value |
Progressive Share Brokers Vs Fyers - Demat transaction charges
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹7 + ₹5.5 (CDSL Charges) |
Progressive Share Brokers Vs Fyers - GST
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction charges) |
Progressive Share Brokers Vs Fyers - SEBI Charges
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs Fyers - Features
| Progressive Share Brokers | Fyers | |
|---|---|---|
| Online Portfolio |
|
|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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