Basan Equity Broking Vs Definedge Securities
Basan Equity Broking
Definedge Securities
Basan Equity Broking Vs Definedge Securities - Broker Details
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2007 | 2015 |
| Exchanges | BSE, NSE, MCX, NSDL, and CDSL | NSE, BSE, MCX and NCDEX. |
| Branches | N/A | 270 |
| Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
| Broker Type | Full Service Broker | Discount Broker |
Basan Equity Broking Vs Definedge Securities - Account Opening & AMC Charges
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
Basan Equity Broking Vs Definedge Securities - Brokerage charges & Plans
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | ₹0 (Free) |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% or ₹ 18 per executed order whichever is lower |
Basan Equity Broking Vs Definedge Securities - Other Charges
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
Basan Equity Broking Vs Definedge Securities - Transaction Charges
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | 0.0020% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) 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 ₹275/ Cr (0.00275%) (each side) |
| Equity Options | 0.053% (on premium) | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| 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 ₹275/Cr (0.00275%) (each side) |
Basan Equity Broking Vs Definedge Securities - Margin (Exposure)
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Basan Equity Broking Vs Definedge Securities - Features
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Basan Equity Broking Vs Definedge Securities - Review & Rating
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Basan Equity Broking Vs Definedge Securities - Request a call back from Broker
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
Basan Equity Broking Vs Definedge Securities - Investment Options
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Order Type
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Research & Report
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Daily Market Report
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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Basan Equity Broking Vs Definedge Securities - Suitable For Investor
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Basan Equity Broking Vs Definedge Securities - Pros & Cons
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| 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. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
Basan Equity Broking Vs Definedge Securities - Background
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
Basan Equity Broking Vs Definedge Securities - Compare All Brokers
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
Basan Equity Broking Vs Definedge Securities - STT/CTT
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| 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 |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on both buy and 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 Definedge Securities - Demat transaction charges
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹0 (Free) |
Basan Equity Broking Vs Definedge Securities - GST
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% (on brokerage + transaction charges) |
Basan Equity Broking Vs Definedge Securities - SEBI Charges
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Basan Equity Broking Vs Definedge Securities - Account Opening & AMC Charges
Basan Equity Broking
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Basan Equity Broking Vs Definedge Securities
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
Basan Equity Broking Account Opening Process, Charges, and Details |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Basan Equity Broking Vs Definedge Securities - Brokerage charges & Plans
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | ₹0 (Free) |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.03% or ₹ 18 per executed order whichever is lower |
Basan Equity Broking Vs Definedge Securities - Margin (Exposure)
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Basan Equity Broking Vs Definedge Securities - Other Charges
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹18 per executed order |
Basan Equity Broking Vs Definedge Securities - STT/CTT
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| 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 |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on both buy and 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 Definedge Securities - Demat transaction charges
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹0 (Free) |
Basan Equity Broking Vs Definedge Securities - GST
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% (on brokerage + transaction charges) |
Basan Equity Broking Vs Definedge Securities - SEBI Charges
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Basan Equity Broking Vs Definedge Securities - Features
| Basan Equity Broking | Definedge Securities | |
|---|---|---|
| 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
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