Motilal Oswal Vs Basan Equity Broking
Motilal Oswal
Motilal Oswal is a full service Broker. Motilal Oswal Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Basan Equity Broking
Motilal Oswal Vs Basan Equity Broking - Broker Details
| Motilal Oswal | Basan Equity Broking | |
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| Single Margin Facility |
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| Year of Incorporation | 1987 | 2007 |
| Exchanges | BSE, NSE | BSE, NSE, MCX, NSDL, and CDSL |
| Branches | 3463+ | N/A |
| Brokerage | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Broker Type | Full Service Broker | Full Service Broker |
Motilal Oswal Vs Basan Equity Broking - Account Opening & AMC Charges
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Free (₹400 from 2nd year) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Motilal Oswal Vs Basan Equity Broking - Brokerage charges & Plans
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.05% on both side | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | ₹20/Lot | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | 0.20% | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹20/Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹200/ Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | 0.05% (both side) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | ₹20/ Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | ₹2000 (one-time fee) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Motilal Oswal Vs Basan Equity Broking - Other Charges
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹25/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹2000 (one-time fee) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Motilal Oswal Vs Basan Equity Broking - Transaction Charges
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Currency Options | ₹4200 | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | ₹200 | 0.0020% |
| Equity Intraday | NSE ₹325 | BSE ₹200 | 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 ₹5110 | BSE ₹200 | 0.053% (on premium) |
| Commodity | ₹250 | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | ₹125 | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE ₹335 | BSE ₹1000 | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
Motilal Oswal Vs Basan Equity Broking - Margin (Exposure)
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Motilal Oswal Vs Basan Equity Broking - Features
| Motilal Oswal | 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Desktop Application. 2. MO Trader (Online Trading App). 3. SmartWatch App. 4. MO Investor (Financial Fitness Platform). 5. Option Writer. 6. Option dCoder. | 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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Motilal Oswal Vs Basan Equity Broking - Review & Rating
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Motilal Oswal Vs Basan Equity Broking - Request a call back from Broker
| Motilal Oswal | Basan Equity Broking | |
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Motilal Oswal Vs Basan Equity Broking - Investment Options
| Motilal Oswal | Basan Equity Broking | |
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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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Motilal Oswal Vs Basan Equity Broking - Order Type
| Motilal Oswal | 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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Motilal Oswal Vs Basan Equity Broking - Research & Report
| Motilal Oswal | 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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Motilal Oswal Vs Basan Equity Broking - Daily Market Report
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Daily Market Reports & News |
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Motilal Oswal Vs Basan Equity Broking - Suitable For Investor
| Motilal Oswal | Basan Equity Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Motilal Oswal Vs Basan Equity Broking - Pros & Cons
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Pros | 1. It has more than 20 years of experience in the trading and investment sector. 2. It provides its investment services in Equity, Derivatives, IPO, Mutual Funds, Insurance and the Fixed Deposit segments. 3. It provides various value pack brokerage schemes that offers various brokerage options. 4. It provides a complete ease of operation with 60+ banks for the fund transfer. 5. It provides various research advisory services. 6. Various Trading software are to be provided to the customers for free. | 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. It has high brokerage in comparison with the various discount brokers like Zerodha and 5Paisa. 2. The brokerage value pack scheme is competitive but then it requires an upfront fee at the time of opting for the plan. The plans can’t be updated or cancelled after the selection. 3. It does not avail its customers with a three-in-one account facility. | 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. |
Motilal Oswal Vs Basan Equity Broking - Background
| Motilal Oswal | Basan Equity Broking | |
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Motilal Oswal Vs Basan Equity Broking - Compare All Brokers
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
Motilal Oswal Vs Basan Equity Broking - STT/CTT
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sale side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% Buy & 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 |
Motilal Oswal Vs Basan Equity Broking - Demat transaction charges
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 or 0.03% (whichever is higher) | N/A |
Motilal Oswal Vs Basan Equity Broking - GST
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges + SEBI charges) |
Motilal Oswal Vs Basan Equity Broking - SEBI Charges
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Motilal Oswal Vs Basan Equity Broking - Account Opening & AMC Charges
Motilal Oswal
Basan Equity Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Free (₹400 from 2nd year)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Motilal Oswal Vs Basan Equity Broking
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
Motilal Oswal Review | Brokerage Charges, Account OpeningMotilal Oswal is among the oldest full-service stock broking firm. It was incorporated in the year 1987. It is one of the oldest stock broking firm in India. It is famous for its services such as trading applications, portfolio management services and the quick customer support. The company also provides various trading services in various sector .. + " Vs "+ Basan Equity Broking |
Basan Equity Broking Account Opening Process, Charges, and Details |
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Basan Equity Broking
Motilal Oswal Vs Basan Equity Broking - Brokerage charges & Plans
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.05% on both side | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | ₹20/Lot | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | 0.20% | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹20/Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹200/ Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | 0.05% (both side) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | ₹20/ Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | ₹2000 (one-time fee) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Motilal Oswal Vs Basan Equity Broking - Margin (Exposure)
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Motilal Oswal Vs Basan Equity Broking - Other Charges
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹25/Order | ₹0 (Free) |
| Other Brokerage Charges | ₹2000 (one-time fee) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Motilal Oswal Vs Basan Equity Broking - STT/CTT
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sale side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% Buy & 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 |
Motilal Oswal Vs Basan Equity Broking - Demat transaction charges
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 or 0.03% (whichever is higher) | N/A |
Motilal Oswal Vs Basan Equity Broking - GST
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges + SEBI charges) |
Motilal Oswal Vs Basan Equity Broking - SEBI Charges
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Motilal Oswal Vs Basan Equity Broking - Features
| Motilal Oswal | Basan Equity Broking | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Desktop Application. 2. MO Trader (Online Trading App). 3. SmartWatch App. 4. MO Investor (Financial Fitness Platform). 5. Option Writer. 6. Option dCoder. | 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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