Basan Equity Broking Vs Progressive Share Brokers
Basan Equity Broking
Progressive Share Brokers
Progressive Share Brokers 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 Vs Progressive Share Brokers - Broker Details
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2007 | 1996 |
| Exchanges | BSE, NSE, MCX, NSDL, and CDSL | NSE, BSE, MCX and NCDEX |
| Branches | N/A | 3 |
| Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Basan Equity Broking Vs Progressive Share Brokers - Account Opening & AMC Charges
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Basan Equity Broking Vs Progressive Share Brokers - Brokerage charges & Plans
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | 0.35% per order |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹35 per lot |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹35 per lot |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹15 per lot |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
Basan Equity Broking Vs Progressive Share Brokers - Other Charges
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹0 (Free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
Basan Equity Broking Vs Progressive Share Brokers - Transaction Charges
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | Exchange txn charge: 0.035% |
| Equity Futures | 0.0020% | NSE: 0.0019% |
| 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: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.053% (on premium) | NSE: 0.05% (on premium) |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| 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: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Basan Equity Broking Vs Progressive Share Brokers - Margin (Exposure)
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| 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 Progressive Share Brokers - Features
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Basan Equity Broking Vs Progressive Share Brokers - Review & Rating
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Basan Equity Broking Vs Progressive Share Brokers - Request a call back from Broker
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
Basan Equity Broking Vs Progressive Share Brokers - Investment Options
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| 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 Progressive Share Brokers - Order Type
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| 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 Progressive Share Brokers - Research & Report
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| 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 Progressive Share Brokers - Daily Market Report
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Basan Equity Broking Vs Progressive Share Brokers - Suitable For Investor
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Basan Equity Broking Vs Progressive Share Brokers - Pros & Cons
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| 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. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| 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. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Basan Equity Broking Vs Progressive Share Brokers - Background
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
Basan Equity Broking Vs Progressive Share Brokers - Compare All Brokers
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
Basan Equity Broking Vs Progressive Share Brokers - STT/CTT
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| 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% | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Basan Equity Broking Vs Progressive Share Brokers - Demat transaction charges
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹10 per request |
Basan Equity Broking Vs Progressive Share Brokers - GST
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Basan Equity Broking Vs Progressive Share Brokers - SEBI Charges
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Basan Equity Broking Vs Progressive Share Brokers - Account Opening & AMC Charges
Basan Equity Broking
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Basan Equity Broking Vs Progressive Share Brokers
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
Basan Equity Broking Account Opening Process, Charges, and Details |
Progressive Share Brokers Account Opening Process and Charges |
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Progressive Share Brokers
Progressive Share Brokers 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 Vs Progressive Share Brokers - Brokerage charges & Plans
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
| Equity Delivery | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order | 0.35% per order |
| Equity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹35 per lot |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹35 per lot |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹15 per lot |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
Basan Equity Broking Vs Progressive Share Brokers - Margin (Exposure)
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| 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 Progressive Share Brokers - Other Charges
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹0 (Free) | Rs. 20 (+ GST) |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | 0.04% per order |
Basan Equity Broking Vs Progressive Share Brokers - STT/CTT
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| 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% | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Basan Equity Broking Vs Progressive Share Brokers - Demat transaction charges
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹10 per request |
Basan Equity Broking Vs Progressive Share Brokers - GST
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Basan Equity Broking Vs Progressive Share Brokers - SEBI Charges
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Basan Equity Broking Vs Progressive Share Brokers - Features
| Basan Equity Broking | Progressive Share Brokers | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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