Choice Broking Vs Basan Equity Broking
Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Basan Equity Broking
Choice Broking Vs Basan Equity Broking - Broker Details
| Choice Broking | Basan Equity Broking | |
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| Single Margin Facility |
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| Year of Incorporation | 2010 | 2007 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE, MCX, NSDL, and CDSL |
| Branches | 50+ | N/A |
| Brokerage | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Broker Type | Full service Broker | Full Service Broker |
Choice Broking Vs Basan Equity Broking - Account Opening & AMC Charges
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Choice Broking Vs Basan Equity Broking - Brokerage charges & Plans
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | 0.2% | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹25/Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹50/Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | ₹20/Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Choice Broking Vs Basan Equity Broking - Other Charges
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Choice Broking Vs Basan Equity Broking - Transaction Charges
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | 0.0020% |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | 0.053% (on premium) |
| Commodity | Future Exchange txn charge:- 0.0026% | Clearing charge: 0.0003% | RMS Charge 0.005% (Only NCDEX) || Option:- Exchange txn charge:- 0.05% | Clearing charge :- 0.002% | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
Choice Broking Vs Basan Equity Broking - Margin (Exposure)
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Choice Broking Vs Basan Equity Broking - Features
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Basan Equity Broking - Review & Rating
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Basan Equity Broking - Request a call back from Broker
| Choice Broking | Basan Equity Broking | |
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Choice Broking Vs Basan Equity Broking - Investment Options
| Choice Broking | Basan Equity Broking | |
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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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Choice Broking Vs Basan Equity Broking - Order Type
| Choice Broking | Basan Equity Broking | |
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| 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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Choice Broking Vs Basan Equity Broking - Research & Report
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| 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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Choice Broking Vs Basan Equity Broking - Daily Market Report
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs Basan Equity Broking - Suitable For Investor
| Choice Broking | Basan Equity Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Basan Equity Broking - Pros & Cons
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Pros | 1. It offers a broad range of investment products. 2. It has a simple trading platform and offers it to the customers. 3. It offers various multiple AMC plans to its customers that provides lifetime AMC and refundable AMC options. 4. It has a proactive and prompt customer service. 5. It has an instant and paperless demat account opening process. 6. Choice broking has an excellent margin trading facility service to its customers. 7. The research call provided by the brokers has 78% accuracy ratio. | 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 |
| Cons | 1. The Choice Broker does not allow to open a three-in-one account services to its customers. 2. It has no flexible brokerage plans. 3. The broker does not provide Margin Calculator. 4. It does not provide an in-house trading terminal. | 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. |
Choice Broking Vs Basan Equity Broking - Background
| Choice Broking | Basan Equity Broking | |
|---|---|---|
Choice Broking Vs Basan Equity Broking - Compare All Brokers
| Choice Broking | Basan Equity Broking | |
|---|---|---|
Choice Broking Vs Basan Equity Broking - STT/CTT
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sale side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% Buy & 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 |
Choice Broking Vs Basan Equity Broking - Demat transaction charges
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | N/A |
Choice Broking Vs Basan Equity Broking - GST
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (brokerage + transaction charges + SEBI charges) |
Choice Broking Vs Basan Equity Broking - SEBI Charges
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Basan Equity Broking - Account Opening & AMC Charges
Choice Broking
Basan Equity Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs Basan Equity Broking
| Choice Broking | Basan Equity Broking | |
|---|---|---|
Choice Broking Review | Brokerage Charges, Account OpeningChoice Equity Broking Private Limited is a Mumbai-based full-service stock broking firm and Choice broking established in 2010. Choice broking firm is a subsidiary of a publicly listed financial service provider organization named as Choice International Limited. It was formerly providing tis financial services since 1993 by .. + " Vs "+ Basan Equity Broking |
Basan Equity Broking Account Opening Process, Charges, and Details |
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Basan Equity Broking
Choice Broking Vs Basan Equity Broking - Brokerage charges & Plans
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | 0.2% | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹25/Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹50/Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | ₹20/Lot | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Choice Broking Vs Basan Equity Broking - Margin (Exposure)
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Choice Broking Vs Basan Equity Broking - Other Charges
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | 0.02% | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
Choice Broking Vs Basan Equity Broking - STT/CTT
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sale side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% Buy & 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 |
Choice Broking Vs Basan Equity Broking - Demat transaction charges
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | N/A |
Choice Broking Vs Basan Equity Broking - GST
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (brokerage + transaction charges + SEBI charges) |
Choice Broking Vs Basan Equity Broking - SEBI Charges
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Basan Equity Broking - Features
| Choice Broking | Basan Equity Broking | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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