Groww Vs Basan Equity Broking
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Basan Equity Broking
Groww Vs Basan Equity Broking - Broker Details
| Groww | Basan Equity Broking | |
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| Single Margin Facility |
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| Year of Incorporation | 2016 | 2007 |
| Exchanges | NSE and BSE. | BSE, NSE, MCX, NSDL, and CDSL |
| Branches | Zero | N/A |
| Brokerage | ₹20/ Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Broker Type | Discount Broker | Full Service Broker |
Groww Vs Basan Equity Broking - Account Opening & AMC Charges
| Groww | Basan Equity Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Groww Vs Basan Equity Broking - Brokerage charges & Plans
| Groww | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | N/A | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | N/A | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | N/A | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | N/A | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | ₹20/ Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Groww Vs Basan Equity Broking - Other Charges
| Groww | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | ₹20/ Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Groww Vs Basan Equity Broking - Transaction Charges
| Groww | Basan Equity Broking | |
|---|---|---|
| Currency Options | N/A | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE:- 0.002% | 0.0020% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | NSE:- 0.053% on premium | 0.053% (on premium) |
| Commodity | N/A | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | N/A | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
Groww Vs Basan Equity Broking - Margin (Exposure)
| Groww | Basan Equity Broking | |
|---|---|---|
| Equity Options | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x | 4x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of Normal margin (Span + Exposure) |
Groww Vs Basan Equity Broking - Features
| Groww | Basan Equity Broking | |
|---|---|---|
| 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:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Basan Equity Broking - Review & Rating
| Groww | Basan Equity Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Basan Equity Broking - Request a call back from Broker
| Groww | Basan Equity Broking | |
|---|---|---|
Groww Vs Basan Equity Broking - Investment Options
| Groww | Basan Equity Broking | |
|---|---|---|
| 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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Groww Vs Basan Equity Broking - Order Type
| Groww | Basan Equity Broking | |
|---|---|---|
| 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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Groww Vs Basan Equity Broking - Research & Report
| Groww | Basan Equity Broking | |
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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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Groww Vs Basan Equity Broking - Daily Market Report
| Groww | Basan Equity Broking | |
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| Daily Market Reports & News |
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Groww Vs Basan Equity Broking - Suitable For Investor
| Groww | Basan Equity Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Basan Equity Broking - Pros & Cons
| Groww | Basan Equity Broking | |
|---|---|---|
| Pros | 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. | 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 |
| Cons | 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. | 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. |
Groww Vs Basan Equity Broking - Background
| Groww | Basan Equity Broking | |
|---|---|---|
Groww Vs Basan Equity Broking - Compare All Brokers
| Groww | Basan Equity Broking | |
|---|---|---|
Groww Vs Basan Equity Broking - STT/CTT
| Groww | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sale side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% Buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Basan Equity Broking - Demat transaction charges
| Groww | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | N/A |
Groww Vs Basan Equity Broking - GST
| Groww | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (brokerage + transaction charges + SEBI charges) |
Groww Vs Basan Equity Broking - SEBI Charges
| Groww | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Basan Equity Broking - Account Opening & AMC Charges
Groww
Basan Equity Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Basan Equity Broking
| Groww | Basan Equity Broking | |
|---|---|---|
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. + " Vs "+ Basan Equity Broking |
Basan Equity Broking Account Opening Process, Charges, and Details |
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Basan Equity Broking
Groww Vs Basan Equity Broking - Brokerage charges & Plans
| Groww | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | N/A | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | N/A | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | N/A | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | N/A | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | ₹20/ Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Call Back Open Account |
Groww Vs Basan Equity Broking - Margin (Exposure)
| Groww | Basan Equity Broking | |
|---|---|---|
| Equity Options | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x | 4x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs Basan Equity Broking - Other Charges
| Groww | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | ₹20/ Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Groww Vs Basan Equity Broking - STT/CTT
| Groww | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sale side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% Buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Basan Equity Broking - Demat transaction charges
| Groww | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | N/A |
Groww Vs Basan Equity Broking - GST
| Groww | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (brokerage + transaction charges + SEBI charges) |
Groww Vs Basan Equity Broking - SEBI Charges
| Groww | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Basan Equity Broking - Features
| Groww | Basan Equity Broking | |
|---|---|---|
| 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:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |