Axis Direct Vs Basan Equity Broking
Axis Direct
Axis Direct is a full service Broker. Axis Direct Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Basan Equity Broking
Axis Direct Vs Basan Equity Broking - Broker Details
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2011 | 2007 |
| Exchanges | BSE, NSE, MCX and NCDEX | BSE, NSE, MCX, NSDL, and CDSL |
| Branches | 2500+ | N/A |
| Brokerage | 0.05% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Broker Type | Full Service Broker | Full Service Broker |
Axis Direct Vs Basan Equity Broking - Account Opening & AMC Charges
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹900/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750/- | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Axis Direct Vs Basan Equity Broking - Brokerage charges & Plans
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.03% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | 0.05% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹10/ Order | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹50/ Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | ₹10/ Order | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | N/A | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | 0.05% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Axis Direct Vs Basan Equity Broking - Transaction Charges
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Currency Options | ₹5000/Cr (0.05%) (on premium) | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) | 0.0020% |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | 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 ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) | 0.053% (on premium) |
| Commodity | N/A | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | ₹190/Cr (0.0019%) | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
Axis Direct Vs Basan Equity Broking - Margin (Exposure)
| Axis Direct | 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) |
Axis Direct Vs Basan Equity Broking - Features
| Axis Direct | Basan Equity Broking | |
|---|---|---|
|
|
|
|
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Axis Direct Vs Basan Equity Broking - Review & Rating
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Axis Direct Vs Basan Equity Broking - Request a call back from Broker
| Axis Direct | Basan Equity Broking | |
|---|---|---|
Axis Direct Vs Basan Equity Broking - Investment Options
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Axis Direct Vs Basan Equity Broking - Order Type
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Axis Direct Vs Basan Equity Broking - Research & Report
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Axis Direct Vs Basan Equity Broking - Suitable For Investor
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Axis Direct Vs Basan Equity Broking - Pros & Cons
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Pros | 1.It offers three in one account that enables the smooth transfer of funds. 2.It provides elaborated research and reports. 3.It provides various trading software that has very quick and high performance. 4. It provides personal guidance from the experts. 5. It has excellent trading platforms. | 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.They charge high for brokerage, account opening and even Annual Maintenance charges. 2. The exposure provided by the broker is the least. 3. There is no support for the commodity segment. 4. It charges fees for the trading terminal and charges a nominal fee on monthly basis. | 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. |
Axis Direct Vs Basan Equity Broking - Background
| Axis Direct | Basan Equity Broking | |
|---|---|---|
Axis Direct Vs Basan Equity Broking - Compare All Brokers
| Axis Direct | Basan Equity Broking | |
|---|---|---|
Axis Direct Vs Basan Equity Broking - STT/CTT
| Axis Direct | 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 buy & 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 |
Axis Direct Vs Basan Equity Broking - Demat transaction charges
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | N/A |
Axis Direct Vs Basan Equity Broking - GST
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges + SEBI charges) |
Axis Direct Vs Basan Equity Broking - SEBI Charges
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs Basan Equity Broking - extractvalue(1,concat(char(126),md5(1525732647)))
| Axis Direct | Basan Equity Broking | |
|---|---|---|
Axis Direct Vs Basan Equity Broking - convert(int,sys.fn_sqlvarbasetostr(HashBytes('MD5','1883809043')))
| Axis Direct | Basan Equity Broking | |
|---|---|---|
Axis Direct Vs Basan Equity Broking - Account Opening & AMC Charges
Axis Direct
Basan Equity Broking
Trading Account Opening Charge
₹900/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750/-
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Axis Direct Vs Basan Equity Broking
| Axis Direct | Basan Equity Broking | |
|---|---|---|
Axis Direct ReviewsAxis Securities Limited is a full-service broker that is a part of Axis bank, Which is a leading private bank in India. Online Axis directs its services and various other trading financial products to the retail customers in India through Axis Direct brand. Axis direct is NSDL or CDSL participant and ranked among the top stock brokers in India with more than 4.2 lakhs active customer .. + " Vs "+ Basan Equity Broking |
Basan Equity Broking Account Opening Process, Charges, and Details |
|
Basan Equity Broking
Axis Direct Vs Basan Equity Broking - Brokerage charges & Plans
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.03% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | 0.05% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹10/ Order | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹50/ Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | ₹10/ Order | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | N/A | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | 0.05% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Axis Direct Vs Basan Equity Broking - Margin (Exposure)
| Axis Direct | 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) |
Axis Direct Vs Basan Equity Broking - STT/CTT
| Axis Direct | 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 buy & 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 |
Axis Direct Vs Basan Equity Broking - Demat transaction charges
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | N/A |
Axis Direct Vs Basan Equity Broking - GST
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges + SEBI charges) |
Axis Direct Vs Basan Equity Broking - SEBI Charges
| Axis Direct | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs Basan Equity Broking - Features
| Axis Direct | Basan Equity Broking | |
|---|---|---|
|
|
|
|
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|