Basan Equity Broking Vs Groww
Basan Equity Broking
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Basan Equity Broking Vs Groww - Broker Details
| Basan Equity Broking | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2007 | 2016 |
| Exchanges | BSE, NSE, MCX, NSDL, and CDSL | NSE and BSE. |
| Branches | N/A | Zero |
| Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Basan Equity Broking Vs Groww - Account Opening & AMC Charges
| Basan Equity Broking | Groww | |
|---|---|---|
| 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 Groww - Brokerage charges & Plans
| Basan Equity Broking | Groww | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | N/A |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | N/A |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | N/A |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | N/A |
| 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 0.05% (whichever is lower) |
| Call Back Open Account |
Basan Equity Broking Vs Groww - Other Charges
| Basan Equity Broking | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.05% |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order |
| Call Back Open Account |
Basan Equity Broking Vs Groww - Transaction Charges
| Basan Equity Broking | Groww | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | N/A |
| Equity Futures | 0.0020% | NSE:- 0.002% |
| 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:- 0.00345% | BSE:- 0.00345% |
| Equity Options | 0.053% (on premium) | NSE:- 0.053% on premium |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | N/A |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | N/A |
| 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:- 0.00345% | BSE:-0.00345% |
| Call Back Open Account |
Basan Equity Broking Vs Groww - Margin (Exposure)
| Basan Equity Broking | Groww | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x |
| Equity Intraday | 4x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x |
| Call Back Open Account |
Basan Equity Broking Vs Groww - Features
| Basan Equity Broking | Groww | |
|---|---|---|
| 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Basan Equity Broking Vs Groww - Review & Rating
| Basan Equity Broking | Groww | |
|---|---|---|
| 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 Groww - Request a call back from Broker
| Basan Equity Broking | Groww | |
|---|---|---|
| Call Back Open Account |
Basan Equity Broking Vs Groww - Investment Options
| Basan Equity Broking | Groww | |
|---|---|---|
| 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 Groww - Order Type
| Basan Equity Broking | Groww | |
|---|---|---|
| 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 Groww - Research & Report
| Basan Equity Broking | Groww | |
|---|---|---|
| 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 Groww - Daily Market Report
| Basan Equity Broking | Groww | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Basan Equity Broking Vs Groww - Suitable For Investor
| Basan Equity Broking | Groww | |
|---|---|---|
| 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 Groww - Pros & Cons
| Basan Equity Broking | Groww | |
|---|---|---|
| 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.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. |
| 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.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. |
| Call Back Open Account |
Basan Equity Broking Vs Groww - Background
| Basan Equity Broking | Groww | |
|---|---|---|
| Call Back Open Account |
Basan Equity Broking Vs Groww - Compare All Brokers
| Basan Equity Broking | Groww | |
|---|---|---|
| Call Back Open Account |
Basan Equity Broking Vs Groww - STT/CTT
| Basan Equity Broking | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
| Call Back Open Account |
Basan Equity Broking Vs Groww - Demat transaction charges
| Basan Equity Broking | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account |
Basan Equity Broking Vs Groww - GST
| Basan Equity Broking | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account |
Basan Equity Broking Vs Groww - SEBI Charges
| Basan Equity Broking | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Basan Equity Broking Vs Groww - Account Opening & AMC Charges
Basan Equity Broking
Groww
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 Groww
| Basan Equity Broking | Groww | |
|---|---|---|
Basan Equity Broking Account Opening Process, Charges, and Details |
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. |
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Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Basan Equity Broking Vs Groww - Brokerage charges & Plans
| Basan Equity Broking | Groww | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | N/A |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | N/A |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | N/A |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | N/A |
| 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 0.05% (whichever is lower) |
| Call Back Open Account |
Basan Equity Broking Vs Groww - Margin (Exposure)
| Basan Equity Broking | Groww | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x |
| Equity Intraday | 4x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x |
| Call Back Open Account |
Basan Equity Broking Vs Groww - Other Charges
| Basan Equity Broking | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order or 0.05% |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹20/ Order |
Basan Equity Broking Vs Groww - STT/CTT
| Basan Equity Broking | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
Basan Equity Broking Vs Groww - Demat transaction charges
| Basan Equity Broking | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹13.5 Gst per scrip per day only on sell |
Basan Equity Broking Vs Groww - GST
| Basan Equity Broking | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% ( Brokerage + Transaction charges) |
Basan Equity Broking Vs Groww - SEBI Charges
| Basan Equity Broking | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Basan Equity Broking Vs Groww - Features
| Basan Equity Broking | Groww | |
|---|---|---|
| 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |