Balaji Equities Ltd Vs Sharekhan
Balaji Equities Ltd
Balaji Equities Ltd Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Balaji Equities Ltd Vs Sharekhan - Broker Details
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Single Margin Facility | Yes |
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| Year of Incorporation | 2000 | 2000 |
| Exchanges | NSE, BSE, MCX | NSE, BSE, MCX and NCDEX. |
| Branches | N/A | 153+ |
| Brokerage | 2.5% | 0.03% |
| Broker Type | Discount Broker | Discount Broker |
Balaji Equities Ltd Vs Sharekhan - Account Opening & AMC Charges
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹500/- | ₹0 (Free) |
| Demat Account AMC | ₹300 per year | ₹400 (from 2nd year) |
| Trading Account AMC | NA | ₹0 (Free) |
Balaji Equities Ltd Vs Sharekhan - Brokerage charges & Plans
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Commodity Futures | 2.5% | 0.03% per transaction value |
| Currency Futures | 2.5% | 0.03% per transaction value |
| Equity Delivery | N/A | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹100/Lot | ₹60/ Lot |
| Commodity Options | ₹100/Lot | ₹60/ Lot |
| Equity Futures | ₹100/Lot | 0.03% per transaction value |
| Currency Options | ₹100/Lot | ₹20/ Lot |
| Fixed Charges | 2.5% | ₹1,00,000/ Year |
| Equity Intraday | 2.5% | 0.03% per transaction value |
Balaji Equities Ltd Vs Sharekhan - Other Charges
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | 2.5% | ₹1,00,000/ Year |
| Minimum Brokerage | 2.5% | 0.10% |
Balaji Equities Ltd Vs Sharekhan - Transaction Charges
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Currency Options | NSE : 0.046% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | 0.01% on Sell Side | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE : 0.00325% | BSE : 0.00275% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | 0.05% on Sell Side(on Premium) | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | MCX : 0.00260% | NCDEX : 0.00400% | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE : 0.00135% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE : 0.00325% | BSE : 0.00275% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Balaji Equities Ltd Vs Sharekhan - Margin (Exposure)
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1 time (SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure)1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Balaji Equities Ltd Vs Sharekhan - Features
| Balaji Equities Ltd | 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 Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. BELT Web Trading Platform, 2. BELtrade APP | 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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Balaji Equities Ltd Vs Sharekhan - Review & Rating
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Balaji Equities Ltd Vs Sharekhan - Request a call back from Broker
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
Balaji Equities Ltd Vs Sharekhan - Investment Options
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| 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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Balaji Equities Ltd Vs Sharekhan - Order Type
| Balaji Equities Ltd | 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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Balaji Equities Ltd Vs Sharekhan - Research & Report
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| 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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Balaji Equities Ltd Vs Sharekhan - Daily Market Report
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Daily Market Reports & News |
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Balaji Equities Ltd Vs Sharekhan - Suitable For Investor
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Balaji Equities Ltd Vs Sharekhan - Pros & Cons
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Pros | 1. Diverse Investment Options, 2. Excellent customer service, 3. advanced technology platforms, 4. offer educational resources and training programs to help investors enhance their financial, 5. Research and analysis tools to help investors make informed decision. | 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. Limited Research Coverage 2. Limited Technology Offering, 3. Limited Product Offerings, 4. Regulatory Risks. | 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. |
Balaji Equities Ltd Vs Sharekhan - Background
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
Balaji Equities Ltd Vs Sharekhan - Compare All Brokers
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
Balaji Equities Ltd Vs Sharekhan - STT/CTT
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and 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 |
Balaji Equities Ltd Vs Sharekhan - Demat transaction charges
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 per order | ₹0 (Free) |
Balaji Equities Ltd Vs Sharekhan - GST
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) | 18% (on brokerage + transaction charges) |
Balaji Equities Ltd Vs Sharekhan - SEBI Charges
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Balaji Equities Ltd Vs Sharekhan - Account Opening & AMC Charges
Balaji Equities Ltd
Sharekhan
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹500/-
₹0 (Free)
Demat Account AMC
₹300 per year
₹400 (from 2nd year)
Trading Account AMC
NA
₹0 (Free)
Balaji Equities Ltd Vs Sharekhan
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
Balaji Equities Ltd Account Opening Process and Charges Detail |
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.
Balaji Equities Ltd Vs Sharekhan - Brokerage charges & Plans
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Commodity Futures | 2.5% | 0.03% per transaction value |
| Currency Futures | 2.5% | 0.03% per transaction value |
| Equity Delivery | N/A | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹100/Lot | ₹60/ Lot |
| Commodity Options | ₹100/Lot | ₹60/ Lot |
| Equity Futures | ₹100/Lot | 0.03% per transaction value |
| Currency Options | ₹100/Lot | ₹20/ Lot |
| Fixed Charges | 2.5% | ₹1,00,000/ Year |
| Equity Intraday | 2.5% | 0.03% per transaction value |
| Call Back Open Account |
Balaji Equities Ltd Vs Sharekhan - Margin (Exposure)
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1 time (SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure)1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Balaji Equities Ltd Vs Sharekhan - Other Charges
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | 2.5% | ₹1,00,000/ Year |
| Minimum Brokerage | 2.5% | 0.10% |
Balaji Equities Ltd Vs Sharekhan - STT/CTT
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and 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 |
Balaji Equities Ltd Vs Sharekhan - Demat transaction charges
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 per order | ₹0 (Free) |
Balaji Equities Ltd Vs Sharekhan - GST
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) | 18% (on brokerage + transaction charges) |
Balaji Equities Ltd Vs Sharekhan - SEBI Charges
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Balaji Equities Ltd Vs Sharekhan - Features
| Balaji Equities Ltd | Sharekhan | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. BELT Web Trading Platform, 2. BELtrade APP | 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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