Basan Equity Broking Vs INDmoney
Basan Equity Broking
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Basan Equity Broking Vs INDmoney - Broker Details
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2007 | 2019 |
| Exchanges | BSE, NSE, MCX, NSDL, and CDSL | NSE, BSE and MCX |
| Branches | N/A | 966 |
| Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
Basan Equity Broking Vs INDmoney - Account Opening & AMC Charges
| Basan Equity Broking | INDmoney | |
|---|---|---|
| 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) |
Basan Equity Broking Vs INDmoney - Brokerage charges & Plans
| Basan Equity Broking | INDmoney | |
|---|---|---|
| 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 | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | 0.05% or up to ₹20/Per Order |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
| 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 | 0.05% or up to ₹20/Per Order |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
Basan Equity Broking Vs INDmoney - Other Charges
| Basan Equity Broking | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50 per position |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
Basan Equity Broking Vs INDmoney - Transaction Charges
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | 0.0020% | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | 0.053% (on premium) | NSE: 0.053% on premium value |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | NSE - 0.00325% | BSE- 0.00375% |
Basan Equity Broking Vs INDmoney - Margin (Exposure)
| Basan Equity Broking | INDmoney | |
|---|---|---|
| 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) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Basan Equity Broking Vs INDmoney - Features
| Basan Equity Broking | INDmoney | |
|---|---|---|
| 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 | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Basan Equity Broking Vs INDmoney - Review & Rating
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Basan Equity Broking Vs INDmoney - Request a call back from Broker
| Basan Equity Broking | INDmoney | |
|---|---|---|
Basan Equity Broking Vs INDmoney - Investment Options
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Basan Equity Broking Vs INDmoney - Order Type
| Basan Equity Broking | INDmoney | |
|---|---|---|
| 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 INDmoney - Research & Report
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Basan Equity Broking Vs INDmoney - Daily Market Report
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
|
|
Basan Equity Broking Vs INDmoney - Suitable For Investor
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Basan Equity Broking Vs INDmoney - Pros & Cons
| Basan Equity Broking | INDmoney | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Basan Equity Broking Vs INDmoney - Background
| Basan Equity Broking | INDmoney | |
|---|---|---|
Basan Equity Broking Vs INDmoney - Compare All Brokers
| Basan Equity Broking | INDmoney | |
|---|---|---|
Basan Equity Broking Vs INDmoney - STT/CTT
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Basan Equity Broking Vs INDmoney - Demat transaction charges
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹250/ per certificate |
Basan Equity Broking Vs INDmoney - GST
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Basan Equity Broking Vs INDmoney - SEBI Charges
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Basan Equity Broking Vs INDmoney - Account Opening & AMC Charges
Basan Equity Broking
INDmoney
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)
Basan Equity Broking Vs INDmoney
| Basan Equity Broking | INDmoney | |
|---|---|---|
Basan Equity Broking Account Opening Process, Charges, and Details |
INDmoney Account Opening Process, Charges, and Documentation Details |
|
|
|
|
|
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Basan Equity Broking Vs INDmoney - Brokerage charges & Plans
| Basan Equity Broking | INDmoney | |
|---|---|---|
| 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 | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | 0.05% or up to ₹20/Per Order |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
| 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 | 0.05% or up to ₹20/Per Order |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
Basan Equity Broking Vs INDmoney - Margin (Exposure)
| Basan Equity Broking | INDmoney | |
|---|---|---|
| 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) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Basan Equity Broking Vs INDmoney - Other Charges
| Basan Equity Broking | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50 per position |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% or up to ₹20/Per Order |
Basan Equity Broking Vs INDmoney - STT/CTT
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Basan Equity Broking Vs INDmoney - Demat transaction charges
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹250/ per certificate |
Basan Equity Broking Vs INDmoney - GST
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Basan Equity Broking Vs INDmoney - SEBI Charges
| Basan Equity Broking | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Basan Equity Broking Vs INDmoney - Features
| Basan Equity Broking | INDmoney | |
|---|---|---|
| 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 | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|