Progressive Share Brokers Vs Trade Smart
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
Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
Progressive Share Brokers Vs Trade Smart - Broker Details
| Progressive Share Brokers | Trade Smart | |
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| Single Margin Facility |
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| Year of Incorporation | 1996 | 1994 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX. |
| Branches | 3 | Zero |
| Brokerage | 0.04% per order | 0.007% or ₹15/ Order |
| Broker Type | Full Service Broker | Discount Broker |
Progressive Share Brokers Vs Trade Smart - Account Opening & AMC Charges
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹300 ( 2nd Year onwards) |
| Trading Account AMC | NA | ₹0 (Free) |
Progressive Share Brokers Vs Trade Smart - Brokerage charges & Plans
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| Commodity Futures | 0.04% per order | 0.007% or ₹15/ Order |
| Currency Futures | 0.04% per order | 0.007% or ₹15/ Order |
| Equity Delivery | 0.35% per order | 0.07% or ₹15/ Order |
| Equity Options | ₹35 per lot | ₹7/ Lot or ₹15/ Order |
| Commodity Options | ₹35 per lot | ₹7/ Lot or ₹15/ Order |
| Equity Futures | 0.04% per order | 0.007% or ₹15/ Order |
| Currency Options | ₹15 per lot | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | 0.04% per order | ₹15/ Order |
| Equity Intraday | 0.04% per order | 0.007% or ₹15/ Order |
Progressive Share Brokers Vs Trade Smart - Other Charges
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹20/Order |
| API Charges | Free API | ₹750/Order |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹20/Order + brokerage commission |
| Other Brokerage Charges | 0.04% per order | 0.007% or ₹15/ Order |
| Minimum Brokerage | 0.04% per order | ₹15/ Order |
Progressive Share Brokers Vs Trade Smart - Transaction Charges
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | 0.06% |
| Equity Futures | NSE: 0.0019% | 0.0024% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 0.0035% |
| Equity Options | NSE: 0.05% (on premium) | 0.0715% |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | 0.0039% |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | 0.00165% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 0.0035% |
Progressive Share Brokers Vs Trade Smart - Margin (Exposure)
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Features
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| 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: 4:45 PM | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Progressive Share Brokers Vs Trade Smart - Review & Rating
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Progressive Share Brokers Vs Trade Smart - Request a call back from Broker
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
Progressive Share Brokers Vs Trade Smart - Investment Options
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Order Type
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Research & Report
| Progressive Share Brokers | Trade Smart | |
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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 Trade Smart - Daily Market Report
| Progressive Share Brokers | Trade Smart | |
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| Daily Market Reports & News |
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Progressive Share Brokers Vs Trade Smart - Suitable For Investor
| Progressive Share Brokers | Trade Smart | |
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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 Trade Smart - Pros & Cons
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1.It provides the unique brokerage plans designed to meet the needs of the customers. 2.The Bracket Order and Cover Order are available on mobile app. 3.TradeSmart do not require any minimum amount to open an account. 4.Low Transaction charge. 5.It provides excellent customer service. 6.It provides 10% credit of the brokerage that are generated by the clients referred by them. 7. No Minimum Commitment 8.It facilitates its customers with the Mutual Funds and Offer for Sale .9. It provides advanced trading tools to make trading easy and fluent. |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1.The call and trade are charged at an additional cost of ₹20 per trade. 2. It allows Intraday positions squared off by the RMS team is charged at ₹20 per trader. 3.It does not provide the facility of 3-in-1 account. |
Progressive Share Brokers Vs Trade Smart - Background
| Progressive Share Brokers | Trade Smart | |
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Progressive Share Brokers Vs Trade Smart - Compare All Brokers
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
Progressive Share Brokers Vs Trade Smart - STT/CTT
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Demat transaction charges
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹15 + Gst per scrip per day only on sell |
Progressive Share Brokers Vs Trade Smart - GST
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Progressive Share Brokers Vs Trade Smart - SEBI Charges
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs Trade Smart - Account Opening & AMC Charges
Progressive Share Brokers
Trade Smart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹300 ( 2nd Year onwards)
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs Trade Smart
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
TradeSmart Review | Brokerage Charges, Account OpeningTradeSmart is an Indian Discount broker house. According to TradeSmart broker review, this broker is a Mumbai-based broker that offers various discount brokerage services in stock, commodity, and currency trading segments. Tradesmartonline review is a venture of VNS finance that has a long brokerage service experience of more than 20 years. VNS Fina .. |
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Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
Progressive Share Brokers Vs Trade Smart - Brokerage charges & Plans
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| Commodity Futures | 0.04% per order | 0.007% or ₹15/ Order |
| Currency Futures | 0.04% per order | 0.007% or ₹15/ Order |
| Equity Delivery | 0.35% per order | 0.07% or ₹15/ Order |
| Equity Options | ₹35 per lot | ₹7/ Lot or ₹15/ Order |
| Commodity Options | ₹35 per lot | ₹7/ Lot or ₹15/ Order |
| Equity Futures | 0.04% per order | 0.007% or ₹15/ Order |
| Currency Options | ₹15 per lot | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | 0.04% per order | ₹15/ Order |
| Equity Intraday | 0.04% per order | 0.007% or ₹15/ Order |
Progressive Share Brokers Vs Trade Smart - Margin (Exposure)
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Other Charges
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹20/Order |
| API Charges | Free API | ₹750/Order |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹20/Order + brokerage commission |
| Other Brokerage Charges | 0.04% per order | 0.007% or ₹15/ Order |
| Minimum Brokerage | 0.04% per order | ₹15/ Order |
Progressive Share Brokers Vs Trade Smart - STT/CTT
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Demat transaction charges
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹15 + Gst per scrip per day only on sell |
Progressive Share Brokers Vs Trade Smart - GST
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Progressive Share Brokers Vs Trade Smart - SEBI Charges
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs Trade Smart - Features
| Progressive Share Brokers | Trade Smart | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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