Finvasia Vs Basan Equity Broking
Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
Basan Equity Broking
Finvasia Vs Basan Equity Broking - Broker Details
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2007 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX, NSDL, and CDSL |
| Branches | Zero | N/A |
| Brokerage | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Broker Type | Discount Broker | Full Service Broker |
Finvasia Vs Basan Equity Broking - Account Opening & AMC Charges
| Finvasia | Basan Equity Broking | |
|---|---|---|
| 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) |
Finvasia Vs Basan Equity Broking - Brokerage charges & Plans
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | ₹0 (Free) | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹0 (Free) | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹0 (Free) | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | ₹0 (Free) | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Finvasia Vs Basan Equity Broking - Other Charges
| Finvasia | 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 | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Finvasia Vs Basan Equity Broking - Transaction Charges
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Currency Options | ₹4000/Cr of premium | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | ₹325/Cr | 0.0020% |
| Equity Intraday | ₹325/Cr | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | ₹5000/Cr | 0.053% (on premium) |
| Commodity | ₹260/Cr | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | ₹115/Cr | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | ₹325/Cr | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
Finvasia Vs Basan Equity Broking - Margin (Exposure)
| Finvasia | 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) |
Finvasia Vs Basan Equity Broking - Features
| Finvasia | 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto | 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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Finvasia Vs Basan Equity Broking - Review & Rating
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Finvasia Vs Basan Equity Broking - Request a call back from Broker
| Finvasia | Basan Equity Broking | |
|---|---|---|
Finvasia Vs Basan Equity Broking - Investment Options
| Finvasia | Basan Equity Broking | |
|---|---|---|
| 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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Finvasia Vs Basan Equity Broking - Order Type
| Finvasia | 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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Finvasia Vs Basan Equity Broking - Research & Report
| Finvasia | Basan Equity Broking | |
|---|---|---|
| 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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Finvasia Vs Basan Equity Broking - Daily Market Report
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Daily Market Reports & News |
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Finvasia Vs Basan Equity Broking - Suitable For Investor
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Finvasia Vs Basan Equity Broking - Pros & Cons
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Pros | 1.They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's. 2. Trading and Demat Account opening is FREE. 3.Online Chat support is available on its website. 4.Online IPO Application is available with Finvasia. 5.Five minutes online paperless account opening is available through eKYC and AADHAAR ESign. | 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.Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors. 2.Scalpter (trading website) has only 1 min charting frame. 3.Doesn't offer a 3-in-1 account. 4. Trading platforms like NEST and NOW are chargeable. | 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. |
Finvasia Vs Basan Equity Broking - Background
| Finvasia | Basan Equity Broking | |
|---|---|---|
Finvasia Vs Basan Equity Broking - Compare All Brokers
| Finvasia | Basan Equity Broking | |
|---|---|---|
Finvasia Vs Basan Equity Broking - STT/CTT
| Finvasia | 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 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 |
Finvasia Vs Basan Equity Broking - Demat transaction charges
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹9 + Gst per scrip only on sell | N/A |
Finvasia Vs Basan Equity Broking - GST
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges + SEBI charges) |
Finvasia Vs Basan Equity Broking - SEBI Charges
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Finvasia Vs Basan Equity Broking - Account Opening & AMC Charges
Finvasia
Basan Equity Broking
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)
Finvasia Vs Basan Equity Broking
| Finvasia | Basan Equity Broking | |
|---|---|---|
Finvasia Review | Brokerage Charges, Account Opening‘Simply Commission Free’ is a tagline of Finvasia which strongly believes that adding value & quality to the products & services will have more meaning in the future rather than charging brokerage. Finvasia financial services private limited .. + " Vs "+ Basan Equity Broking |
Basan Equity Broking Account Opening Process, Charges, and Details |
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Basan Equity Broking
Finvasia Vs Basan Equity Broking - Brokerage charges & Plans
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | ₹0 (Free) | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹0 (Free) | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹0 (Free) | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | ₹0 (Free) | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Call Back Open Account |
Finvasia Vs Basan Equity Broking - Margin (Exposure)
| Finvasia | 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) |
| Call Back Open Account |
Finvasia Vs Basan Equity Broking - Other Charges
| Finvasia | 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 | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Finvasia Vs Basan Equity Broking - STT/CTT
| Finvasia | 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 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 |
Finvasia Vs Basan Equity Broking - Demat transaction charges
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹9 + Gst per scrip only on sell | N/A |
Finvasia Vs Basan Equity Broking - GST
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges + SEBI charges) |
Finvasia Vs Basan Equity Broking - SEBI Charges
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Finvasia Vs Basan Equity Broking - Features
| Finvasia | Basan Equity Broking | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto | 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 |