Sharekhan Vs Basan Equity Broking
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.
Basan Equity Broking
Sharekhan Vs Basan Equity Broking - Broker Details
| Sharekhan | Basan Equity Broking | |
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| Single Margin Facility |
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| Year of Incorporation | 2000 | 2007 |
| Exchanges | NSE, BSE, MCX and NCDEX. | BSE, NSE, MCX, NSDL, and CDSL |
| Branches | 153+ | N/A |
| Brokerage | 0.03% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Broker Type | Discount Broker | Full Service Broker |
Sharekhan Vs Basan Equity Broking - Account Opening & AMC Charges
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 (from 2nd year) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Sharekhan Vs Basan Equity Broking - Brokerage charges & Plans
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | 0.03% per transaction value | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹60/ Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹60/ Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | 0.03% per transaction value | 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 | ₹1,00,000/ Year | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | 0.03% per transaction value | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Sharekhan Vs Basan Equity Broking - Other Charges
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹1,00,000/ Year | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | 0.10% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Sharekhan Vs Basan Equity Broking - Transaction Charges
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | 0.0020% |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (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 ₹50/ Cr (0.0005%) (on premium) | 0.053% (on premium) |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
Sharekhan Vs Basan Equity Broking - Margin (Exposure)
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Equity Options | 1 time (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) |
Sharekhan Vs Basan Equity Broking - Features
| Sharekhan | 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 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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Sharekhan Vs Basan Equity Broking - Review & Rating
| Sharekhan | Basan Equity Broking | |
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| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Sharekhan Vs Basan Equity Broking - Request a call back from Broker
| Sharekhan | Basan Equity Broking | |
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Sharekhan Vs Basan Equity Broking - Investment Options
| Sharekhan | 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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Sharekhan Vs Basan Equity Broking - Order Type
| Sharekhan | 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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Sharekhan Vs Basan Equity Broking - Research & Report
| Sharekhan | 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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Sharekhan Vs Basan Equity Broking - Daily Market Report
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Daily Market Reports & News |
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Sharekhan Vs Basan Equity Broking - Suitable For Investor
| Sharekhan | Basan Equity Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Sharekhan Vs Basan Equity Broking - Pros & Cons
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Pros | 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. | 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 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. | 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. |
Sharekhan Vs Basan Equity Broking - Background
| Sharekhan | Basan Equity Broking | |
|---|---|---|
Sharekhan Vs Basan Equity Broking - Compare All Brokers
| Sharekhan | Basan Equity Broking | |
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Sharekhan Vs Basan Equity Broking - STT/CTT
| Sharekhan | 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 | 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 |
Sharekhan Vs Basan Equity Broking - Demat transaction charges
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | N/A |
Sharekhan Vs Basan Equity Broking - GST
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (brokerage + transaction charges + SEBI charges) |
Sharekhan Vs Basan Equity Broking - SEBI Charges
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Sharekhan Vs Basan Equity Broking - Account Opening & AMC Charges
Sharekhan
Basan Equity Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (from 2nd year)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Sharekhan Vs Basan Equity Broking
| Sharekhan | Basan Equity Broking | |
|---|---|---|
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 .. + " Vs "+ Basan Equity Broking |
Basan Equity Broking Account Opening Process, Charges, and Details |
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Basan Equity Broking
Sharekhan Vs Basan Equity Broking - Brokerage charges & Plans
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | 0.03% per transaction value | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹60/ Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹60/ Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | 0.03% per transaction value | 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 | ₹1,00,000/ Year | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | 0.03% per transaction value | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Call Back Open Account |
Sharekhan Vs Basan Equity Broking - Margin (Exposure)
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Equity Options | 1 time (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) |
| Call Back Open Account |
Sharekhan Vs Basan Equity Broking - Other Charges
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹1,00,000/ Year | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | 0.10% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Sharekhan Vs Basan Equity Broking - STT/CTT
| Sharekhan | 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 | 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 |
Sharekhan Vs Basan Equity Broking - Demat transaction charges
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | N/A |
Sharekhan Vs Basan Equity Broking - GST
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (brokerage + transaction charges + SEBI charges) |
Sharekhan Vs Basan Equity Broking - SEBI Charges
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Sharekhan Vs Basan Equity Broking - Features
| Sharekhan | Basan Equity Broking | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 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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| Call Back Open Account |