Basan Equity Broking Vs FundsIndia
Basan Equity Broking
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Basan Equity Broking Vs FundsIndia - Broker Details
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2007 | 2009 |
| Exchanges | BSE, NSE, MCX, NSDL, and CDSL | Sebi |
| Branches | N/A | Zero |
| Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Broker Type | Full Service Broker | Full Service Broker |
Basan Equity Broking Vs FundsIndia - Account Opening & AMC Charges
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹200 /-(Service Tax) 2nd Year onwards |
| Trading Account AMC | ₹0 (Free) | N/A |
Basan Equity Broking Vs FundsIndia - Brokerage charges & Plans
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | N/A |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | N/A |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | 0.01% |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | N/A |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | N/A |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
Basan Equity Broking Vs FundsIndia - Other Charges
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
Basan Equity Broking Vs FundsIndia - Transaction Charges
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | N/A |
| Equity Futures | 0.0020% | 0.0035% on turnover |
| Equity Intraday | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | 0.0035% on turnover |
| Equity Options | 0.053% (on premium) | 0.0035% on turnover |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | N/A |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | N/A |
| Equity Delivery | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | 0.1% on the transaction amount |
Basan Equity Broking Vs FundsIndia - Margin (Exposure)
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (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) | N/A |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Basan Equity Broking Vs FundsIndia - Features
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Basan Equity Broking Vs FundsIndia - Review & Rating
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| 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 FundsIndia - Request a call back from Broker
| Basan Equity Broking | FundsIndia | |
|---|---|---|
Basan Equity Broking Vs FundsIndia - Investment Options
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Basan Equity Broking Vs FundsIndia - Order Type
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Basan Equity Broking Vs FundsIndia - Research & Report
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Basan Equity Broking Vs FundsIndia - Daily Market Report
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Daily Market Reports & News |
|
|
Basan Equity Broking Vs FundsIndia - Suitable For Investor
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Basan Equity Broking Vs FundsIndia - Pros & Cons
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| 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.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. |
| 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.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. |
Basan Equity Broking Vs FundsIndia - Background
| Basan Equity Broking | FundsIndia | |
|---|---|---|
Basan Equity Broking Vs FundsIndia - Compare All Brokers
| Basan Equity Broking | FundsIndia | |
|---|---|---|
Basan Equity Broking Vs FundsIndia - STT/CTT
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | N/A |
| Currency Futures | No STT | N/A |
| 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(on Premium) |
| Currency Options | No STT | N/A |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | N/A |
Basan Equity Broking Vs FundsIndia - Demat transaction charges
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹15 + Gst per scrip only on sell |
Basan Equity Broking Vs FundsIndia - GST
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Basan Equity Broking Vs FundsIndia - SEBI Charges
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Basan Equity Broking Vs FundsIndia - Account Opening & AMC Charges
Basan Equity Broking
FundsIndia
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹200 /-(Service Tax) 2nd Year onwards
Trading Account AMC
₹0 (Free)
N/A
Basan Equity Broking Vs FundsIndia
| Basan Equity Broking | FundsIndia | |
|---|---|---|
Basan Equity Broking Account Opening Process, Charges, and Details |
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. |
|
|
|
|
|
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Basan Equity Broking Vs FundsIndia - Brokerage charges & Plans
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | N/A |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | N/A |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | 0.01% |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | N/A |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | N/A |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Call Back Open Account |
Basan Equity Broking Vs FundsIndia - Margin (Exposure)
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (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) | N/A |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Basan Equity Broking Vs FundsIndia - Other Charges
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
Basan Equity Broking Vs FundsIndia - STT/CTT
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | N/A |
| Currency Futures | No STT | N/A |
| 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(on Premium) |
| Currency Options | No STT | N/A |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | N/A |
Basan Equity Broking Vs FundsIndia - Demat transaction charges
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹15 + Gst per scrip only on sell |
Basan Equity Broking Vs FundsIndia - GST
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Basan Equity Broking Vs FundsIndia - SEBI Charges
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Basan Equity Broking Vs FundsIndia - Features
| Basan Equity Broking | FundsIndia | |
|---|---|---|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|