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Comparision (Progressive Share Brokers VS RMoney)

 

Progressive Share Brokers Vs RMoney

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

RMoney
RMoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Progressive Share Brokers Vs RMoney - Broker Details

Progressive Share Brokers RMoney
Single Margin Facility
Year of Incorporation 1996 2004
Exchanges NSE, BSE, MCX and NCDEX NSE, BSE, MCX and NCDEX
Branches 3 300+
Brokerage 0.04% per order ₹9/Order
Broker Type Full Service Broker Full Service Broker

Progressive Share Brokers Vs RMoney - Account Opening & AMC Charges

Progressive Share Brokers RMoney
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹250 per Year ₹299( From 2nd year onwards)
Trading Account AMC NA ₹0 (Free)

Progressive Share Brokers Vs RMoney - Brokerage charges & Plans

Progressive Share Brokers RMoney
Commodity Futures 0.04% per order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Currency Futures 0.04% per order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Delivery 0.35% per order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Options ₹35 per lot ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Commodity Options ₹35 per lot ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Futures 0.04% per order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Currency Options ₹15 per lot ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Fixed Charges 0.04% per order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Intraday 0.04% per order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)

Progressive Share Brokers Vs RMoney - Other Charges

Progressive Share Brokers RMoney
RMS Square Off Charge ₹50 per order ₹0 (Free)
API Charges Free API ₹1500/Monthly
Call & Trade Charges Rs. 20 (+ GST) ₹18/Order
Other Brokerage Charges 0.04% per order ₹9/Order
Minimum Brokerage 0.04% per order ₹9/Order

Progressive Share Brokers Vs RMoney - Transaction Charges

Progressive Share Brokers RMoney
Currency Options Exchange txn charge: 0.035% NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%)
Equity Futures NSE: 0.0019% NSE ₹260/Cr | BSE ₹70/Cr (0.007%)
Equity Intraday NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) NSE ₹345/Cr | BSE ₹345/Cr (0.00345%)
Equity Options NSE: 0.05% (on premium) NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%)
Commodity Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%)
Currency Futures Exchange txn charge: 0.0009% Clearing charge: .00025% NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%)
Equity Delivery NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) NSE ₹345/Cr | BSE ₹345/Cr (0.00345%)

Progressive Share Brokers Vs RMoney - Margin (Exposure)

Progressive Share Brokers RMoney
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 RMoney - Features

Progressive Share Brokers RMoney
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: 4:40 PM | Commodities: 11:45 PM
Trading Platform 1. Investor 360 Web Portal, 2. Investor 360 Mobile App 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick
SMS Alerts for Trades
Direct Mutual Fund

Progressive Share Brokers Vs RMoney - Review & Rating

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

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

Progressive Share Brokers RMoney

Progressive Share Brokers Vs RMoney - Investment Options

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

Progressive Share Brokers Vs RMoney - Order Type

Progressive Share Brokers RMoney
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 RMoney - Research & Report

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

Progressive Share Brokers Vs RMoney - Daily Market Report

Progressive Share Brokers RMoney
Daily Market Reports & News

Progressive Share Brokers Vs RMoney - Suitable For Investor

Progressive Share Brokers RMoney
Casual Investor
Active Investor
Trader

Progressive Share Brokers Vs RMoney - Pros & Cons

Progressive Share Brokers RMoney
Pros 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features 1.Single platform for all your financial needs. 2. Trade at a low brokerage of Rs.9/- per executed order irrespective of the trade size across segments (Equity, F&O, and Currencies) 3.You can trade at BSE, NSE, MCX, and NCDEX 4.First year Demat AMC is free for all its account holders
Cons 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches 1.RMoney Demat debit transaction charges are ₹12 + gst per script. Most other discount brokers charge flat ₹8 per transaction. 2.Its not provide 3 in 1 account. 3. It charges Annual Maintenance Charge.

Progressive Share Brokers Vs RMoney - Background

Progressive Share Brokers RMoney

Progressive Share Brokers Vs RMoney - Compare All Brokers

Progressive Share Brokers RMoney

Progressive Share Brokers Vs RMoney - STT/CTT

Progressive Share Brokers RMoney
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 0.0625% 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 buy & 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 RMoney - Demat transaction charges

Progressive Share Brokers RMoney
Equity Demat Transaction Charges ₹10 per request ₹20 + GST per scrip only on sell

Progressive Share Brokers Vs RMoney - GST

Progressive Share Brokers RMoney
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Progressive Share Brokers Vs RMoney - SEBI Charges

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

Progressive Share Brokers Vs RMoney - Account Opening & AMC Charges

Progressive Share Brokers
RMoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹299( From 2nd year onwards)
Trading Account AMC
NA
₹0 (Free)
 

Progressive Share Brokers Vs RMoney

Progressive Share Brokers RMoney
 

Progressive Share Brokers Account Opening Process and Charges

Read more..

Raghunandan Money (RMoney) Review

‘Investment Khushiyon Ka’ is a tagline of Raghunandan Money (RMoney) signifies that customer’s progress and happiness is the top most priority of the company. This is a very diversified broker offers a wide range of investment options to choose. RMoney acts as a mediator between the customer and ..
Read more..
 
 

RMoney
RMoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Progressive Share Brokers Vs RMoney - Brokerage charges & Plans

Progressive Share Brokers RMoney
Commodity Futures 0.04% per order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Currency Futures 0.04% per order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Delivery 0.35% per order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Options ₹35 per lot ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Commodity Options ₹35 per lot ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Futures 0.04% per order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Currency Options ₹15 per lot ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Fixed Charges 0.04% per order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)
Equity Intraday 0.04% per order ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month)

Progressive Share Brokers Vs RMoney - Margin (Exposure)

Progressive Share Brokers RMoney
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 RMoney - Other Charges

Progressive Share Brokers RMoney
RMS Square Off Charge ₹50 per order ₹0 (Free)
API Charges Free API ₹1500/Monthly
Call & Trade Charges Rs. 20 (+ GST) ₹18/Order
Other Brokerage Charges 0.04% per order ₹9/Order
Minimum Brokerage 0.04% per order ₹9/Order

Progressive Share Brokers Vs RMoney - STT/CTT

Progressive Share Brokers RMoney
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 0.0625% 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 buy & 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 RMoney - Demat transaction charges

Progressive Share Brokers RMoney
Equity Demat Transaction Charges ₹10 per request ₹20 + GST per scrip only on sell

Progressive Share Brokers Vs RMoney - GST

Progressive Share Brokers RMoney
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Progressive Share Brokers Vs RMoney - SEBI Charges

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

Progressive Share Brokers Vs RMoney - Features

Progressive Share Brokers RMoney
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: 4:40 PM | Commodities: 11:45 PM
Trading Platform 1. Investor 360 Web Portal, 2. Investor 360 Mobile App 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick
SMS Alerts for Trades
Direct Mutual Fund

Progressive Share Brokers

RMoney