Basan Equity Broking Vs Fyers
Basan Equity Broking
Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Basan Equity Broking Vs Fyers - Broker Details
| Basan Equity Broking | Fyers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2007 | 2015 |
| Exchanges | BSE, NSE, MCX, NSDL, and CDSL | BSE, NSE, MCX. |
| Branches | N/A | Zero |
| Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.03% ( Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Account Opening & AMC Charges
| Basan Equity Broking | Fyers | |
|---|---|---|
| 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) |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Brokerage charges & Plans
| Basan Equity Broking | Fyers | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | ₹0 |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹20/ Order |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹20/ Order |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹20/ Order |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.03% (whichever is lower)r |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Other Charges
| Basan Equity Broking | Fyers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | (₹50 + GST) |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Transaction Charges
| Basan Equity Broking | Fyers | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | ₹5900/ Cr(on premium) (0.059%) |
| Equity Futures | 0.0020% | ₹240/ Cr (0.0024%) |
| Equity Intraday | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | ₹325/ Cr (0.00325%) |
| Equity Options | 0.053% (on premium) | ₹5900/ Cr (on premium) (0.059%) |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | NA |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | ₹240/ Cr (0.0024%) |
| Equity Delivery | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | ₹325/ Cr (0.00325%) |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Margin (Exposure)
| Basan Equity Broking | Fyers | |
|---|---|---|
| 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) |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Features
| Basan Equity Broking | Fyers | |
|---|---|---|
| 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 Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Basan Equity Broking Vs Fyers - Review & Rating
| Basan Equity Broking | Fyers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Request a call back from Broker
| Basan Equity Broking | Fyers | |
|---|---|---|
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Investment Options
| Basan Equity Broking | Fyers | |
|---|---|---|
| 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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| Call Back Open Account |
Basan Equity Broking Vs Fyers - Order Type
| Basan Equity Broking | Fyers | |
|---|---|---|
| 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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| Call Back Open Account |
Basan Equity Broking Vs Fyers - Research & Report
| Basan Equity Broking | Fyers | |
|---|---|---|
| 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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| Call Back Open Account |
Basan Equity Broking Vs Fyers - Daily Market Report
| Basan Equity Broking | Fyers | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Basan Equity Broking Vs Fyers - Suitable For Investor
| Basan Equity Broking | Fyers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Basan Equity Broking Vs Fyers - Pros & Cons
| Basan Equity Broking | Fyers | |
|---|---|---|
| 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.Free equity delivery trading 2.The brokerage rate charged by FYERS is ultra-low, Flat ₹20 per trade 3.Quick implementation of new features and services through in-house build trading platform. 4.Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. 5.Investment opportunities in group of stocks through Thematic Investing. 6.Transparency in fee charging i.e. there are no hidden charges. 7.Availability of trading software’s that too completely free. |
| 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.Higher exchange transaction charges in comparison to other discount brokers. 2. Lack of professional team for market analysis. 3.Depository Services are not provided. 4.FYERS does not provide commodity trading services 5.Customer service lines are not toll free. |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Background
| Basan Equity Broking | Fyers | |
|---|---|---|
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Compare All Brokers
| Basan Equity Broking | Fyers | |
|---|---|---|
| Call Back Open Account |
Basan Equity Broking Vs Fyers - STT/CTT
| Basan Equity Broking | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on the sell value |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on sell value |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% on sell value (Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.10% |
| Equity Futures | 0.01% on sell side | 0.01% on sell value |
| Commodity Options | 0.05% on sell side | 0.05% on the sell value |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Demat transaction charges
| Basan Equity Broking | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹7 + ₹5.5 (CDSL Charges) |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - GST
| Basan Equity Broking | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction charges) |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - SEBI Charges
| Basan Equity Broking | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Account Opening & AMC Charges
Basan Equity Broking
Fyers
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)
Basan Equity Broking Vs Fyers
| Basan Equity Broking | Fyers | |
|---|---|---|
Basan Equity Broking Account Opening Process, Charges, and Details |
FYERS Review 2024 | Brokerage Charges, Account OpeningFYERS Securities is a Bangalore based discount broker, offering trade in Equity cash, F&O and Currency Derivatives segments at NSE, BSE and MCX. Being incorporated in 2015, the firm focuses on providing services at low brokerage rates. In fact, FYERS is an acronym of “Focus Your Energy & Reform t .. |
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Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Basan Equity Broking Vs Fyers - Brokerage charges & Plans
| Basan Equity Broking | Fyers | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | ₹0 |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹20/ Order |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹20/ Order |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹20/ Order |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.03% (whichever is lower)r |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Margin (Exposure)
| Basan Equity Broking | Fyers | |
|---|---|---|
| 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) |
| Call Back Open Account |
Basan Equity Broking Vs Fyers - Other Charges
| Basan Equity Broking | Fyers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | (₹50 + GST) |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order |
Basan Equity Broking Vs Fyers - STT/CTT
| Basan Equity Broking | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on the sell value |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on sell value |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% on sell value (Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.10% |
| Equity Futures | 0.01% on sell side | 0.01% on sell value |
| Commodity Options | 0.05% on sell side | 0.05% on the sell value |
Basan Equity Broking Vs Fyers - Demat transaction charges
| Basan Equity Broking | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹7 + ₹5.5 (CDSL Charges) |
Basan Equity Broking Vs Fyers - GST
| Basan Equity Broking | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction charges) |
Basan Equity Broking Vs Fyers - SEBI Charges
| Basan Equity Broking | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Basan Equity Broking Vs Fyers - Features
| Basan Equity Broking | Fyers | |
|---|---|---|
| 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 Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |