Zerodha Vs Basan Equity Broking
Zerodha
Zerodha 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
Zerodha Vs Basan Equity Broking - Broker Details
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2007 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX, NSDL, and CDSL |
| Branches | 120+ | N/A |
| Brokerage | ₹20/ Order or 0.03% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Broker Type | Discount Broker | Full Service Broker |
Zerodha Vs Basan Equity Broking - Account Opening & AMC Charges
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Zerodha Vs Basan Equity Broking - Brokerage charges & Plans
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | Zero Brokerage | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹20/ Order | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | ₹20/Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Zerodha Vs Basan Equity Broking - Other Charges
| Zerodha | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | ₹20/ Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Zerodha Vs Basan Equity Broking - Transaction Charges
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE: 0.002% | 0.0020% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | 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: 0.053% (on premium) | 0.053% (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
Zerodha Vs Basan Equity Broking - Margin (Exposure)
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 4x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Zerodha Vs Basan Equity Broking - Features
| Zerodha | 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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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Zerodha Vs Basan Equity Broking - Review & Rating
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs Basan Equity Broking - Request a call back from Broker
| Zerodha | Basan Equity Broking | |
|---|---|---|
Zerodha Vs Basan Equity Broking - Investment Options
| Zerodha | 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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Zerodha Vs Basan Equity Broking - Order Type
| Zerodha | 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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Zerodha Vs Basan Equity Broking - Research & Report
| Zerodha | 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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Zerodha Vs Basan Equity Broking - Daily Market Report
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Daily Market Reports & News |
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Zerodha Vs Basan Equity Broking - Suitable For Investor
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Zerodha Vs Basan Equity Broking - Pros & Cons
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 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 provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 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. |
Zerodha Vs Basan Equity Broking - Background
| Zerodha | Basan Equity Broking | |
|---|---|---|
Zerodha Vs Basan Equity Broking - Compare All Brokers
| Zerodha | Basan Equity Broking | |
|---|---|---|
Zerodha Vs Basan Equity Broking - STT/CTT
| Zerodha | 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 buy & 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 |
Zerodha Vs Basan Equity Broking - Demat transaction charges
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | N/A |
Zerodha Vs Basan Equity Broking - GST
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges + SEBI charges) |
Zerodha Vs Basan Equity Broking - SEBI Charges
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs Basan Equity Broking - Account Opening & AMC Charges
Zerodha
Basan Equity Broking
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Zerodha Vs Basan Equity Broking
| Zerodha | Basan Equity Broking | |
|---|---|---|
Zerodha Review 2024 |
Basan Equity Broking Account Opening Process, Charges, and Details |
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Basan Equity Broking
Zerodha Vs Basan Equity Broking - Brokerage charges & Plans
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | Zero Brokerage | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹20/ Order | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | ₹20/Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Call Back Open Account |
Zerodha Vs Basan Equity Broking - Margin (Exposure)
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 4x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Zerodha Vs Basan Equity Broking - Other Charges
| Zerodha | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | ₹20/ Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Zerodha Vs Basan Equity Broking - STT/CTT
| Zerodha | 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 buy & 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 |
Zerodha Vs Basan Equity Broking - Demat transaction charges
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | N/A |
Zerodha Vs Basan Equity Broking - GST
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges + SEBI charges) |
Zerodha Vs Basan Equity Broking - SEBI Charges
| Zerodha | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs Basan Equity Broking - Features
| Zerodha | Basan Equity Broking | |
|---|---|---|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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 |