Basan Equity Broking Vs Axis Direct
Basan Equity Broking
Axis Direct
Axis Direct is a full service Broker. Axis Direct Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Basan Equity Broking Vs Axis Direct - Broker Details
| Basan Equity Broking | Axis Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 2007 | 2011 |
| Exchanges | BSE, NSE, MCX, NSDL, and CDSL | BSE, NSE, MCX and NCDEX |
| Branches | N/A | 2500+ |
| Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% |
| Broker Type | Full Service Broker | Full Service Broker |
Basan Equity Broking Vs Axis Direct - Account Opening & AMC Charges
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹900/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹750/- |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Basan Equity Broking Vs Axis Direct - Brokerage charges & Plans
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹10/ Order |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹50/ Lot |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹10/ Order |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | N/A |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% |
Basan Equity Broking Vs Axis Direct - Other Charges
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% |
Basan Equity Broking Vs Axis Direct - Transaction Charges
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | ₹5000/Cr (0.05%) (on premium) |
| Equity Futures | 0.0020% | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) |
| 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 ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
| Equity Options | 0.053% (on premium) | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | N/A |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | ₹190/Cr (0.0019%) |
| 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 ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
Basan Equity Broking Vs Axis Direct - Margin (Exposure)
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| 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 (100% of trade value) |
| 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 Axis Direct - Features
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Basan Equity Broking Vs Axis Direct - Review & Rating
| Basan Equity Broking | Axis Direct | |
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| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Basan Equity Broking Vs Axis Direct - Request a call back from Broker
| Basan Equity Broking | Axis Direct | |
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Basan Equity Broking Vs Axis Direct - Investment Options
| Basan Equity Broking | Axis Direct | |
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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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Basan Equity Broking Vs Axis Direct - Order Type
| Basan Equity Broking | Axis Direct | |
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| 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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Basan Equity Broking Vs Axis Direct - Research & Report
| Basan Equity Broking | Axis Direct | |
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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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Basan Equity Broking Vs Axis Direct - Daily Market Report
| Basan Equity Broking | Axis Direct | |
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| Daily Market Reports & News |
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Basan Equity Broking Vs Axis Direct - Suitable For Investor
| Basan Equity Broking | Axis Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Basan Equity Broking Vs Axis Direct - Pros & Cons
| Basan Equity Broking | Axis Direct | |
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| 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.It offers three in one account that enables the smooth transfer of funds. 2.It provides elaborated research and reports. 3.It provides various trading software that has very quick and high performance. 4. It provides personal guidance from the experts. 5. It has excellent trading platforms. |
| 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.They charge high for brokerage, account opening and even Annual Maintenance charges. 2. The exposure provided by the broker is the least. 3. There is no support for the commodity segment. 4. It charges fees for the trading terminal and charges a nominal fee on monthly basis. |
Basan Equity Broking Vs Axis Direct - Background
| Basan Equity Broking | Axis Direct | |
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Basan Equity Broking Vs Axis Direct - Compare All Brokers
| Basan Equity Broking | Axis Direct | |
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Basan Equity Broking Vs Axis Direct - STT/CTT
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| 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 | No STT |
| 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 | 0.05% on sell side |
Basan Equity Broking Vs Axis Direct - Demat transaction charges
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹5/Certificate or ₹50/Request, whichever is higher |
Basan Equity Broking Vs Axis Direct - GST
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Basan Equity Broking Vs Axis Direct - SEBI Charges
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Basan Equity Broking Vs Axis Direct - Account Opening & AMC Charges
Basan Equity Broking
Axis Direct
Trading Account Opening Charge
₹0 (Free)
₹900/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹750/-
Trading Account AMC
₹0 (Free)
₹0 (Free)
Basan Equity Broking Vs Axis Direct
| Basan Equity Broking | Axis Direct | |
|---|---|---|
Basan Equity Broking Account Opening Process, Charges, and Details |
Axis Direct ReviewsAxis Securities Limited is a full-service broker that is a part of Axis bank, Which is a leading private bank in India. Online Axis directs its services and various other trading financial products to the retail customers in India through Axis Direct brand. Axis direct is NSDL or CDSL participant and ranked among the top stock brokers in India with more than 4.2 lakhs active customer .. |
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Axis Direct
Axis Direct is a full service Broker. Axis Direct Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Basan Equity Broking Vs Axis Direct - Brokerage charges & Plans
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹10/ Order |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹50/ Lot |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹10/ Order |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | N/A |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% |
Basan Equity Broking Vs Axis Direct - Margin (Exposure)
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| 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 (100% of trade value) |
| 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 Axis Direct - Other Charges
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.05% |
Basan Equity Broking Vs Axis Direct - STT/CTT
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| 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 | No STT |
| 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 | 0.05% on sell side |
Basan Equity Broking Vs Axis Direct - Demat transaction charges
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹5/Certificate or ₹50/Request, whichever is higher |
Basan Equity Broking Vs Axis Direct - GST
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Basan Equity Broking Vs Axis Direct - SEBI Charges
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Basan Equity Broking Vs Axis Direct - Features
| Basan Equity Broking | Axis Direct | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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