Progressive Share Brokers Vs ICICI Direct
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
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Progressive Share Brokers Vs ICICI Direct - Broker Details
| Progressive Share Brokers | ICICI Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 1996 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE. |
| Branches | 3 | 250+ |
| Brokerage | 0.04% per order | Prime Plan: ₹900/- |
| Broker Type | Full Service Broker | Full service Broker |
Progressive Share Brokers Vs ICICI Direct - Account Opening & AMC Charges
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | NA | ₹0 (Free) |
Progressive Share Brokers Vs ICICI Direct - Brokerage charges & Plans
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/ Order |
| Currency Futures | 0.04% per order | ₹20/ Order |
| Equity Delivery | 0.35% per order | ₹0.09% |
| Equity Options | ₹35 per lot | ₹20/ Order |
| Commodity Options | ₹35 per lot | ₹20/ Order |
| Equity Futures | 0.04% per order | ₹20/ Order |
| Currency Options | ₹15 per lot | ₹20/ Order |
| Fixed Charges | 0.04% per order | ₹20/ Order |
| Equity Intraday | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs ICICI Direct - Other Charges
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹50/ Order |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹50/ Order |
| Other Brokerage Charges | 0.04% per order | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs ICICI Direct - Transaction Charges
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: 0.002% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 0.00345% trade on buy & sell |
Progressive Share Brokers Vs ICICI Direct - Margin (Exposure)
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| 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 ICICI Direct - Features
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Progressive Share Brokers Vs ICICI Direct - Review & Rating
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| 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 ICICI Direct - Request a call back from Broker
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
Progressive Share Brokers Vs ICICI Direct - Investment Options
| Progressive Share Brokers | ICICI Direct | |
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| 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 ICICI Direct - Order Type
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| 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 ICICI Direct - Research & Report
| Progressive Share Brokers | ICICI Direct | |
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| 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 ICICI Direct - Daily Market Report
| Progressive Share Brokers | ICICI Direct | |
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| Daily Market Reports & News |
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Progressive Share Brokers Vs ICICI Direct - Suitable For Investor
| Progressive Share Brokers | ICICI Direct | |
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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 ICICI Direct - Pros & Cons
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. |
Progressive Share Brokers Vs ICICI Direct - Background
| Progressive Share Brokers | ICICI Direct | |
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Progressive Share Brokers Vs ICICI Direct - Compare All Brokers
| Progressive Share Brokers | ICICI Direct | |
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Progressive Share Brokers Vs ICICI Direct - STT/CTT
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| 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 | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Progressive Share Brokers Vs ICICI Direct - Demat transaction charges
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Progressive Share Brokers Vs ICICI Direct - GST
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Progressive Share Brokers Vs ICICI Direct - SEBI Charges
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs ICICI Direct - Account Opening & AMC Charges
Progressive Share Brokers
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs ICICI Direct
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
ICICI Direct Review | Brokerage Charges, Account OpeningWith ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
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ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Progressive Share Brokers Vs ICICI Direct - Brokerage charges & Plans
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/ Order |
| Currency Futures | 0.04% per order | ₹20/ Order |
| Equity Delivery | 0.35% per order | ₹0.09% |
| Equity Options | ₹35 per lot | ₹20/ Order |
| Commodity Options | ₹35 per lot | ₹20/ Order |
| Equity Futures | 0.04% per order | ₹20/ Order |
| Currency Options | ₹15 per lot | ₹20/ Order |
| Fixed Charges | 0.04% per order | ₹20/ Order |
| Equity Intraday | 0.04% per order | ₹20/ Order |
| Call Back Open Account |
Progressive Share Brokers Vs ICICI Direct - Margin (Exposure)
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| 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 ICICI Direct - Other Charges
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹50/ Order |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹50/ Order |
| Other Brokerage Charges | 0.04% per order | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs ICICI Direct - STT/CTT
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| 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 | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Progressive Share Brokers Vs ICICI Direct - Demat transaction charges
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Progressive Share Brokers Vs ICICI Direct - GST
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Progressive Share Brokers Vs ICICI Direct - SEBI Charges
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs ICICI Direct - Features
| Progressive Share Brokers | ICICI Direct | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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