mStock Vs Basan Equity Broking
mStock
mStock 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
mStock Vs Basan Equity Broking - Broker Details
| mStock | Basan Equity Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2022 | 2007 |
| Exchanges | NSE, BSE and MCX | BSE, NSE, MCX, NSDL, and CDSL |
| Branches | N/A | N/A |
| Brokerage | ₹0 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
mStock Vs Basan Equity Broking - Account Opening & AMC Charges
| mStock | Basan Equity Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
| Demat Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
| Demat Account AMC | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) | ₹0 (Free) |
| Trading Account AMC | ₹149 or ₹999 + ₹999 (One time AMC) | ₹0 (Free) |
| Call Back Open Account |
mStock Vs Basan Equity Broking - Brokerage charges & Plans
| mStock | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | ₹0 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | ₹0 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | ₹0 | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹0 | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹0 | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | ₹0 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | ₹0 | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | ₹0 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | ₹0 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Call Back Open Account |
mStock Vs Basan Equity Broking - Other Charges
| mStock | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Call Back Open Account |
mStock Vs Basan Equity Broking - Transaction Charges
| mStock | Basan Equity Broking | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE: 0.0019% | 0.0020% |
| Equity Intraday | BSE: 0.00375% | NSE: 0.00325% | 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: 0.050% | 0.053% (on premium) |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | BSE: 0.00375% | NSE: 0.00325% | 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 |
mStock Vs Basan Equity Broking - Margin (Exposure)
| mStock | 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) |
| Call Back Open Account |
mStock Vs Basan Equity Broking - Features
| mStock | 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. Mstock Mobile App, 2. Mstock Web Portal | 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 |
mStock Vs Basan Equity Broking - Review & Rating
| mStock | Basan Equity Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
mStock Vs Basan Equity Broking - Request a call back from Broker
| mStock | Basan Equity Broking | |
|---|---|---|
| Call Back Open Account |
mStock Vs Basan Equity Broking - Investment Options
| mStock | 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 |
mStock Vs Basan Equity Broking - Order Type
| mStock | 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 |
mStock Vs Basan Equity Broking - Research & Report
| mStock | 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 |
mStock Vs Basan Equity Broking - Daily Market Report
| mStock | Basan Equity Broking | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
mStock Vs Basan Equity Broking - Suitable For Investor
| mStock | Basan Equity Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
mStock Vs Basan Equity Broking - Pros & Cons
| mStock | Basan Equity Broking | |
|---|---|---|
| Pros | 1.It charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available. | 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.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee. | 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 |
mStock Vs Basan Equity Broking - Background
| mStock | Basan Equity Broking | |
|---|---|---|
| Call Back Open Account |
mStock Vs Basan Equity Broking - Compare All Brokers
| mStock | Basan Equity Broking | |
|---|---|---|
| Call Back Open Account |
mStock Vs Basan Equity Broking - STT/CTT
| mStock | 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 | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
mStock Vs Basan Equity Broking - Demat transaction charges
| mStock | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | N/A |
| Call Back Open Account |
mStock Vs Basan Equity Broking - GST
| mStock | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
mStock Vs Basan Equity Broking - SEBI Charges
| mStock | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/Crore |
| Call Back Open Account |
mStock Vs Basan Equity Broking - Account Opening & AMC Charges
mStock
Basan Equity Broking
Trading Account Opening Charge
₹149 or ₹999
₹0 (Free)
Demat Account Opening Charge
₹149 or ₹999
₹0 (Free)
Demat Account AMC
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
₹0 (Free)
Trading Account AMC
₹149 or ₹999 + ₹999 (One time AMC)
₹0 (Free)
mStock Vs Basan Equity Broking
| mStock | Basan Equity Broking | |
|---|---|---|
mStock Review 2024mStock .. |
Basan Equity Broking Account Opening Process, Charges, and Details |
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Basan Equity Broking
mStock Vs Basan Equity Broking - Brokerage charges & Plans
| mStock | Basan Equity Broking | |
|---|---|---|
| Commodity Futures | ₹0 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Futures | ₹0 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Delivery | ₹0 | Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order |
| Equity Options | ₹0 | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Commodity Options | ₹0 | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Equity Futures | ₹0 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Currency Options | ₹0 | Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order |
| Fixed Charges | ₹0 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Equity Intraday | ₹0 | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Call Back Open Account |
mStock Vs Basan Equity Broking - Margin (Exposure)
| mStock | 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) |
| Call Back Open Account |
mStock Vs Basan Equity Broking - Other Charges
| mStock | Basan Equity Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Minimum Brokerage | ₹0 (Free) | Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order |
| Call Back Open Account |
mStock Vs Basan Equity Broking - STT/CTT
| mStock | 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 | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
mStock Vs Basan Equity Broking - Demat transaction charges
| mStock | Basan Equity Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | N/A |
| Call Back Open Account |
mStock Vs Basan Equity Broking - GST
| mStock | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
mStock Vs Basan Equity Broking - SEBI Charges
| mStock | Basan Equity Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/Crore |
| Call Back Open Account |
mStock Vs Basan Equity Broking - Features
| mStock | Basan Equity Broking | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| 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. Mstock Mobile App, 2. Mstock Web Portal | 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 |