FundsIndia Vs Basan Equity Broking
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Basan Equity Broking
FundsIndia Vs Basan Equity Broking - Broker Details
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 2007 |
| Exchanges | Sebi | BSE, NSE, MCX, NSDL, and CDSL |
| Branches | Zero | N/A |
| Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Broker Type | Full Service Broker | Full Service Broker |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Account Opening & AMC Charges
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200 /-(Service Tax) 2nd Year onwards | ₹0 (Free) |
| Trading Account AMC | N/A | ₹0 (Free) |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Brokerage charges & Plans
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | N/A | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | N/A | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | 0.01% | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | N/A | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | N/A | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Other Charges
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Transaction Charges
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Currency Options | N/A | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | 0.0035% on turnover | 0.0020% |
| Equity Intraday | 0.0035% on turnover | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | 0.0035% on turnover | 0.053% (on premium) |
| Commodity | N/A | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | N/A | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | 0.1% on the transaction amount | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Margin (Exposure)
| FundsIndia | 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 | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Features
| FundsIndia | 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 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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| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Review & Rating
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Request a call back from Broker
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Investment Options
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| 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 |
FundsIndia Vs Basan Equity Broking - Order Type
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| 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 |
FundsIndia Vs Basan Equity Broking - Research & Report
| FundsIndia | 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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| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Daily Market Report
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Suitable For Investor
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Pros & Cons
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Pros | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. | 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.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. | 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. |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Background
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Compare All Brokers
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - STT/CTT
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side |
| Currency Futures | N/A | 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 | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% Buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Demat transaction charges
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | N/A |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - GST
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - SEBI Charges
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Account Opening & AMC Charges
FundsIndia
Basan Equity Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 /-(Service Tax) 2nd Year onwards
₹0 (Free)
Trading Account AMC
N/A
₹0 (Free)
FundsIndia Vs Basan Equity Broking
| FundsIndia | Basan Equity Broking | |
|---|---|---|
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. + " Vs "+ Basan Equity Broking |
Basan Equity Broking Account Opening Process, Charges, and Details |
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Basan Equity Broking
FundsIndia Vs Basan Equity Broking - Brokerage charges & Plans
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | N/A | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | N/A | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | 0.01% | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | N/A | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | N/A | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Margin (Exposure)
| FundsIndia | 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 | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Other Charges
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - STT/CTT
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side |
| Currency Futures | N/A | 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 | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% Buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Demat transaction charges
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | N/A |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - GST
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - SEBI Charges
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
FundsIndia Vs Basan Equity Broking - Features
| FundsIndia | Basan Equity Broking | |
|---|---|---|
| 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 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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| Call Back Open Account |