Basan Equity Broking Vs Sharekhan
Basan Equity Broking
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Basan Equity Broking Vs Sharekhan - Broker Details
| Basan Equity Broking | Sharekhan | |
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| Single Margin Facility |
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| Year of Incorporation | 2007 | 2000 |
| Exchanges | BSE, NSE, MCX, NSDL, and CDSL | NSE, BSE, MCX and NCDEX. |
| Branches | N/A | 153+ |
| Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% |
| Broker Type | Full Service Broker | Discount Broker |
Basan Equity Broking Vs Sharekhan - Account Opening & AMC Charges
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹400 (from 2nd year) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Basan Equity Broking Vs Sharekhan - Brokerage charges & Plans
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% per transaction value |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% per transaction value |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹60/ Lot |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹60/ Lot |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% per transaction value |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹20/ Lot |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹1,00,000/ Year |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% per transaction value |
Basan Equity Broking Vs Sharekhan - Other Charges
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹1,00,000/ Year |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.10% |
Basan Equity Broking Vs Sharekhan - Transaction Charges
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | 0.0020% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | 0.053% (on premium) | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Basan Equity Broking Vs Sharekhan - Margin (Exposure)
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1 time (SPAN + Exposure) |
| Equity Intraday | 4x (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) |
Basan Equity Broking Vs Sharekhan - Features
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Basan Equity Broking Vs Sharekhan - Review & Rating
| Basan Equity Broking | Sharekhan | |
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| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Basan Equity Broking Vs Sharekhan - Request a call back from Broker
| Basan Equity Broking | Sharekhan | |
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Basan Equity Broking Vs Sharekhan - Investment Options
| Basan Equity Broking | Sharekhan | |
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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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Basan Equity Broking Vs Sharekhan - Order Type
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| 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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Basan Equity Broking Vs Sharekhan - Research & Report
| Basan Equity Broking | Sharekhan | |
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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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Basan Equity Broking Vs Sharekhan - Daily Market Report
| Basan Equity Broking | Sharekhan | |
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| Daily Market Reports & News |
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Basan Equity Broking Vs Sharekhan - Suitable For Investor
| Basan Equity Broking | Sharekhan | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Basan Equity Broking Vs Sharekhan - Pros & Cons
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Pros | 1. Professional Expertise 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5.Personalized Services, 6. Efficient Trading Platforms | 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. |
| Cons | 1.Market Volatility Risks 2. Dependency on Market Performance 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. | 1. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities. |
Basan Equity Broking Vs Sharekhan - Background
| Basan Equity Broking | Sharekhan | |
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Basan Equity Broking Vs Sharekhan - Compare All Brokers
| Basan Equity Broking | Sharekhan | |
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Basan Equity Broking Vs Sharekhan - STT/CTT
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on the sell Side |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on sell side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Basan Equity Broking Vs Sharekhan - Demat transaction charges
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹0 (Free) |
Basan Equity Broking Vs Sharekhan - GST
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% (on brokerage + transaction charges) |
Basan Equity Broking Vs Sharekhan - SEBI Charges
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Basan Equity Broking Vs Sharekhan - Account Opening & AMC Charges
Basan Equity Broking
Sharekhan
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹400 (from 2nd year)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Basan Equity Broking Vs Sharekhan
| Basan Equity Broking | Sharekhan | |
|---|---|---|
Basan Equity Broking Account Opening Process, Charges, and Details |
Sharekhan Review | Brokerage Charges, Account OpeningSharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie .. |
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Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Basan Equity Broking Vs Sharekhan - Brokerage charges & Plans
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% per transaction value |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% per transaction value |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹60/ Lot |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹60/ Lot |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% per transaction value |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹20/ Lot |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹1,00,000/ Year |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% per transaction value |
| Call Back Open Account |
Basan Equity Broking Vs Sharekhan - Margin (Exposure)
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1 time (SPAN + Exposure) |
| Equity Intraday | 4x (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) |
Basan Equity Broking Vs Sharekhan - Other Charges
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹1,00,000/ Year |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.10% |
Basan Equity Broking Vs Sharekhan - STT/CTT
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on the sell Side |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on sell side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Basan Equity Broking Vs Sharekhan - Demat transaction charges
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹0 (Free) |
Basan Equity Broking Vs Sharekhan - GST
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% (on brokerage + transaction charges) |
Basan Equity Broking Vs Sharekhan - SEBI Charges
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Basan Equity Broking Vs Sharekhan - Features
| Basan Equity Broking | Sharekhan | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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