INDmoney Vs Basan Equity Broking
INDmoney
INDmoney 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
INDmoney Vs Basan Equity Broking - Broker Details
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2007 |
| Exchanges | NSE, BSE and MCX | BSE, NSE, MCX, NSDL, and CDSL |
| Branches | 966 | N/A |
| Brokerage | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Broker Type | Discount Broker | Full Service Broker |
INDmoney Vs Basan Equity Broking - Account Opening & AMC Charges
| INDmoney | Basan Equity Broking | |
|---|---|---|
| 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) |
INDmoney Vs Basan Equity Broking - Brokerage charges & Plans
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | N/A | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | 0.05% or up to ₹20/Per Order | 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 | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | 0.05% or up to ₹20/Per Order | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
INDmoney Vs Basan Equity Broking - Other Charges
| INDmoney | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹0 (Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
INDmoney Vs Basan Equity Broking - Transaction Charges
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE: 0.00195% on total turnover value | 0.0020% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | 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: 0.053% on premium value | 0.053% (on premium) |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
INDmoney Vs Basan Equity Broking - Margin (Exposure)
| INDmoney | 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 (no margin) | 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) |
INDmoney Vs Basan Equity Broking - Features
| INDmoney | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile 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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INDmoney Vs Basan Equity Broking - Review & Rating
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Basan Equity Broking - Request a call back from Broker
| INDmoney | Basan Equity Broking | |
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INDmoney Vs Basan Equity Broking - Investment Options
| INDmoney | 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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INDmoney Vs Basan Equity Broking - Order Type
| INDmoney | 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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INDmoney Vs Basan Equity Broking - Research & Report
| INDmoney | 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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INDmoney Vs Basan Equity Broking - Daily Market Report
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Basan Equity Broking - Suitable For Investor
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Basan Equity Broking - Pros & Cons
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
INDmoney Vs Basan Equity Broking - Background
| INDmoney | Basan Equity Broking | |
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INDmoney Vs Basan Equity Broking - Compare All Brokers
| INDmoney | Basan Equity Broking | |
|---|---|---|
INDmoney Vs Basan Equity Broking - STT/CTT
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sale side |
| Equity Options | 0.05% only on sell (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 & sell | 0.1% Buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Basan Equity Broking - Demat transaction charges
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | N/A |
INDmoney Vs Basan Equity Broking - GST
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
INDmoney Vs Basan Equity Broking - SEBI Charges
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Basan Equity Broking - Account Opening & AMC Charges
INDmoney
Basan Equity Broking
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)
INDmoney Vs Basan Equity Broking
| INDmoney | Basan Equity Broking | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Basan Equity Broking Account Opening Process, Charges, and Details |
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Basan Equity Broking
INDmoney Vs Basan Equity Broking - Brokerage charges & Plans
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | N/A | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | 0.05% or up to ₹20/Per Order | 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 | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | 0.05% or up to ₹20/Per Order | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
INDmoney Vs Basan Equity Broking - Margin (Exposure)
| INDmoney | 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 (no margin) | 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) |
INDmoney Vs Basan Equity Broking - Other Charges
| INDmoney | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹0 (Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
INDmoney Vs Basan Equity Broking - STT/CTT
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sale side |
| Equity Options | 0.05% only on sell (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 & sell | 0.1% Buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Basan Equity Broking - Demat transaction charges
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | N/A |
INDmoney Vs Basan Equity Broking - GST
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
INDmoney Vs Basan Equity Broking - SEBI Charges
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Basan Equity Broking - Features
| INDmoney | Basan Equity Broking | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile 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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