Basan Equity Broking Vs Prostocks
Basan Equity Broking
Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Basan Equity Broking Vs Prostocks - Broker Details
| Basan Equity Broking | Prostocks | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2007 | 2016 |
| Exchanges | BSE, NSE, MCX, NSDL, and CDSL | BSE and NSE |
| Branches | N/A | 2 |
| Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Broker Type | Full Service Broker | Discount Broker |
Basan Equity Broking Vs Prostocks - Account Opening & AMC Charges
| Basan Equity Broking | Prostocks | |
|---|---|---|
| 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 Prostocks - Brokerage charges & Plans
| Basan Equity Broking | Prostocks | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| 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 | ₹15/ Order |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
Basan Equity Broking Vs Prostocks - Other Charges
| Basan Equity Broking | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | ₹0 (Free) | ₹1000/Month |
| Call & Trade Charges | ₹0 (Free) | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
Basan Equity Broking Vs Prostocks - Transaction Charges
| Basan Equity Broking | Prostocks | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | NSE ₹4,000/Cr | BSE ₹100/Cr |
| Equity Futures | 0.0020% | NSE ₹200/Cr | BSE ₹50/Cr |
| 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 ₹345/Cr | BSE ₹345/Cr |
| Equity Options | 0.053% (on premium) | NSE ₹5,300/Cr | BSE ₹2,500/Cr |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | N/A |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | NSE ₹90/Cr | BSE ₹22/Cr |
| 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 ₹345/Cr | BSE ₹345/Cr |
Basan Equity Broking Vs Prostocks - Margin (Exposure)
| Basan Equity Broking | Prostocks | |
|---|---|---|
| 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 Prostocks - Features
| Basan Equity Broking | Prostocks | |
|---|---|---|
| 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:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Basan Equity Broking Vs Prostocks - Review & Rating
| Basan Equity Broking | Prostocks | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Basan Equity Broking Vs Prostocks - Request a call back from Broker
| Basan Equity Broking | Prostocks | |
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Basan Equity Broking Vs Prostocks - Investment Options
| Basan Equity Broking | Prostocks | |
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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 Prostocks - Order Type
| Basan Equity Broking | Prostocks | |
|---|---|---|
| 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 Prostocks - Research & Report
| Basan Equity Broking | Prostocks | |
|---|---|---|
| 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 Prostocks - Daily Market Report
| Basan Equity Broking | Prostocks | |
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| Daily Market Reports & News |
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Basan Equity Broking Vs Prostocks - Suitable For Investor
| Basan Equity Broking | Prostocks | |
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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 Prostocks - Pros & Cons
| Basan Equity Broking | Prostocks | |
|---|---|---|
| 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.The Demat account opens with ₹0 AMC on paying a one-time refundable deposit of ₹1000. 2. It charges low transaction charge. 3. It provides the online IPO application facility. 4. It provides the best and fully functional trading platforms in the industry. 5. It provides exceptionally the best customer services. 6. It provides 24*7 customer service by using the Advance Interactive Voice Response. |
| 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. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility. 3.Average Customer Service. |
Basan Equity Broking Vs Prostocks - Background
| Basan Equity Broking | Prostocks | |
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Basan Equity Broking Vs Prostocks - Compare All Brokers
| Basan Equity Broking | Prostocks | |
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Basan Equity Broking Vs Prostocks - STT/CTT
| Basan Equity Broking | Prostocks | |
|---|---|---|
| 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 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 Prostocks - Demat transaction charges
| Basan Equity Broking | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹15 + Gst per scrip per day only on sell |
Basan Equity Broking Vs Prostocks - GST
| Basan Equity Broking | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
Basan Equity Broking Vs Prostocks - SEBI Charges
| Basan Equity Broking | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Basan Equity Broking Vs Prostocks - Account Opening & AMC Charges
Basan Equity Broking
Prostocks
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 Prostocks
| Basan Equity Broking | Prostocks | |
|---|---|---|
Basan Equity Broking Account Opening Process, Charges, and Details |
ProStocks Review | Brokerage Charges, Account OpeningProstocks is the Mumbai-based online stock broker that was incorporated in 2016. And It is a complete online broking company that offers convenient trading at the very economical rates. Prostocks review offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives across NSE and BSE m .. |
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Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Basan Equity Broking Vs Prostocks - Brokerage charges & Plans
| Basan Equity Broking | Prostocks | |
|---|---|---|
| Commodity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Currency Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| 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 | ₹15/ Order |
| Commodity Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Equity Futures | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Currency Options | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Fixed Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Equity Intraday | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
Basan Equity Broking Vs Prostocks - Margin (Exposure)
| Basan Equity Broking | Prostocks | |
|---|---|---|
| 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 Prostocks - Other Charges
| Basan Equity Broking | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | ₹0 (Free) | ₹1000/Month |
| Call & Trade Charges | ₹0 (Free) | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
| Minimum Brokerage | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order | ₹15/ Order |
Basan Equity Broking Vs Prostocks - STT/CTT
| Basan Equity Broking | Prostocks | |
|---|---|---|
| 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 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 Prostocks - Demat transaction charges
| Basan Equity Broking | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹15 + Gst per scrip per day only on sell |
Basan Equity Broking Vs Prostocks - GST
| Basan Equity Broking | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
Basan Equity Broking Vs Prostocks - SEBI Charges
| Basan Equity Broking | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Basan Equity Broking Vs Prostocks - Features
| Basan Equity Broking | Prostocks | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| 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:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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