Progressive Share Brokers Vs Master Trust
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
Master Trust
Master Trust is a full service Broker. Master Trust Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages in 2024.
Progressive Share Brokers Vs Master Trust - Broker Details
| Progressive Share Brokers | Master Trust | |
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| Single Margin Facility |
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| Year of Incorporation | 1996 | 1985 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 3 | 989+ |
| Brokerage | 0.04% per order | ₹20/ Order |
| Broker Type | Full Service Broker | Full service Broker |
Progressive Share Brokers Vs Master Trust - Account Opening & AMC Charges
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹100/- |
| Demat Account AMC | ₹250 per Year | ₹300 |
| Trading Account AMC | NA | ₹0 |
Progressive Share Brokers Vs Master Trust - Brokerage charges & Plans
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/ Order or 0.30% |
| Currency Futures | 0.04% per order | ₹20/ Order or 0.30% |
| Equity Delivery | 0.35% per order | ₹0/- or 0.30% |
| Equity Options | ₹35 per lot | ₹75/ Lot |
| Commodity Options | ₹35 per lot | ₹75/ Lot |
| Equity Futures | 0.04% per order | ₹20/ Order or 0.30% |
| Currency Options | ₹15 per lot | ₹25/ Lot |
| Fixed Charges | 0.04% per order | ₹20/ Order |
| Equity Intraday | 0.04% per order | ₹20/Order or 0.03% |
Progressive Share Brokers Vs Master Trust - Other Charges
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | N/A |
| API Charges | Free API | APIs are available free of cost. |
| Call & Trade Charges | Rs. 20 (+ GST) | N/A |
| Other Brokerage Charges | 0.04% per order | ₹20/Order or 0.03% |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs Master Trust - Transaction Charges
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE ₹4200 | BSE ₹1000 |
| Equity Futures | NSE: 0.0019% | NSE ₹300 | BSE ₹150 |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE ₹325| BSE ₹325 |
| Equity Options | NSE: 0.05% (on premium) | NSE ₹6000 | BSE ₹3500 |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | MCX ₹250 |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE ₹120 | BSE ₹100 |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE ₹325| BSE ₹325 |
Progressive Share Brokers Vs Master Trust - Margin (Exposure)
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 2x |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 2x |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 2x |
| Equity Delivery | 1x (100% of trade value) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 2x |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 2x |
Progressive Share Brokers Vs Master Trust - Features
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| 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:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | Master Swift 2.0, Master Trust Mobile App, Master Marts |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Progressive Share Brokers Vs Master Trust - Review & Rating
| Progressive Share Brokers | Master Trust | |
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| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Progressive Share Brokers Vs Master Trust - Request a call back from Broker
| Progressive Share Brokers | Master Trust | |
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Progressive Share Brokers Vs Master Trust - Investment Options
| Progressive Share Brokers | Master Trust | |
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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 Master Trust - Order Type
| Progressive Share Brokers | Master Trust | |
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| 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 Master Trust - Research & Report
| Progressive Share Brokers | Master Trust | |
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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 Master Trust - Daily Market Report
| Progressive Share Brokers | Master Trust | |
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| Daily Market Reports & News |
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Progressive Share Brokers Vs Master Trust - Suitable For Investor
| Progressive Share Brokers | Master Trust | |
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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 Master Trust - Pros & Cons
| Progressive Share Brokers | Master Trust | |
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| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1. The broker has a very decent offline presence. 2. It has various multiple communication channels. 3. It provides a fantastic range of trading products. 4. It charges low brokerage from its customers. |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1. The broker avails its customer with very less exposure or leverage to its customers. 2. They offer a two-in-one account and not the three-in-one account like other brokers to its customers. |
Progressive Share Brokers Vs Master Trust - Background
| Progressive Share Brokers | Master Trust | |
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Progressive Share Brokers Vs Master Trust - Compare All Brokers
| Progressive Share Brokers | Master Trust | |
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Progressive Share Brokers Vs Master Trust - STT/CTT
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% only on sell |
| 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% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Progressive Share Brokers Vs Master Trust - Demat transaction charges
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | |
Progressive Share Brokers Vs Master Trust - GST
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Progressive Share Brokers Vs Master Trust - SEBI Charges
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs Master Trust - Account Opening & AMC Charges
Progressive Share Brokers
Master Trust
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹100/-
Demat Account AMC
₹250 per Year
₹300
Trading Account AMC
NA
₹0
Progressive Share Brokers Vs Master Trust
| Progressive Share Brokers | Master Trust | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
Master Trust Review | Brokerage Charges, Account OpeningMaster Trust is a discount brokerage firm that is a part of Master Trust Capital Services Ltd. This brokerage firm was incorporated in the year 1985. The Capital Services Limited is one of the leading financial firm company in India. |
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Master Trust
Master Trust is a full service Broker. Master Trust Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages in 2024.
Progressive Share Brokers Vs Master Trust - Brokerage charges & Plans
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/ Order or 0.30% |
| Currency Futures | 0.04% per order | ₹20/ Order or 0.30% |
| Equity Delivery | 0.35% per order | ₹0/- or 0.30% |
| Equity Options | ₹35 per lot | ₹75/ Lot |
| Commodity Options | ₹35 per lot | ₹75/ Lot |
| Equity Futures | 0.04% per order | ₹20/ Order or 0.30% |
| Currency Options | ₹15 per lot | ₹25/ Lot |
| Fixed Charges | 0.04% per order | ₹20/ Order |
| Equity Intraday | 0.04% per order | ₹20/Order or 0.03% |
Progressive Share Brokers Vs Master Trust - Margin (Exposure)
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 2x |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 2x |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 2x |
| Equity Delivery | 1x (100% of trade value) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 2x |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 2x |
Progressive Share Brokers Vs Master Trust - Other Charges
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | N/A |
| API Charges | Free API | APIs are available free of cost. |
| Call & Trade Charges | Rs. 20 (+ GST) | N/A |
| Other Brokerage Charges | 0.04% per order | ₹20/Order or 0.03% |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs Master Trust - STT/CTT
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% only on sell |
| 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% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Progressive Share Brokers Vs Master Trust - Demat transaction charges
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | |
Progressive Share Brokers Vs Master Trust - GST
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Progressive Share Brokers Vs Master Trust - SEBI Charges
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs Master Trust - Features
| Progressive Share Brokers | Master Trust | |
|---|---|---|
| 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 & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | Master Swift 2.0, Master Trust Mobile App, Master Marts |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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