Quick Comparision (Zerodha
VS Basan Equity Broking)
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Zerodha
Basan Equity Broking
Single Margin Facility
Year of Incorporation
2010
2007
Exchanges
NSE, BSE, MCX and NCDEX
BSE, NSE, MCX, NSDL, and CDSL
Branches
120+
N/A
Brokerage
₹20/ Order or 0.03%
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
Broker Type
Discount Broker
Full Service Broker
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Zerodha
Basan Equity Broking
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
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Zerodha
Basan Equity Broking
Commodity Futures
₹20/ Order or 0.03% (whichever is lower)
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
Currency Futures
₹20/ Order or 0.03% (whichever is lower)
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
Equity Delivery
Zero Brokerage
Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order
Equity Options
₹20/ Order
Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order
Commodity Options
₹20/ Order or 0.03%(whichever is lower)
Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order
Equity Futures
₹20/ Order or 0.03% (whichever is lower)
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
Currency Options
₹20/ Order or 0.03% (whichever is lower)
Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order
Fixed Charges
₹20/Order
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
Equity Intraday
₹20/ Order or 0.03% (whichever is lower)
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
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Zerodha
Basan Equity Broking
RMS Square Off Charge
(₹50 + GST)
₹0 (Free)
API Charges
₹2000/ Month
₹0 (Free)
Call & Trade Charges
₹50/ Order
₹0 (Free)
Other Brokerage Charges
₹20 or 0.03% (whichever is lower)
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
Minimum Brokerage
₹20/ Order
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
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Zerodha
Basan Equity Broking
Currency Options
NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001%
NSE : 0.035% | BSE : 0.001%
Equity Futures
NSE: 0.002%
0.0020%
Equity Intraday
NSE: 0.00345% | 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: 0.053% (on premium)
0.053% (on premium)
Commodity
Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001%
0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05%
Currency Futures
NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022%
NSE : 0.0009% | BSE : 0.00022%
Equity Delivery
NSE: 0.00345% | 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)
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Zerodha
Basan Equity Broking
Equity Options
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Intraday
5x (20% margin)
4x (Up to 20% of trade value)
Currency Options
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Commodity Options
1x(100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Commodity Futures
1x (100% of NRML margins(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 margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Futures
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
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Zerodha
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
Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM
Trading Platform
Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel
1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe
SMS Alerts for Trades
Direct Mutual Fund
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Zerodha
Basan Equity Broking
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
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Zerodha
Basan Equity Broking
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Zerodha
Basan Equity Broking
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
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Zerodha
Basan Equity Broking
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Zerodha
Basan Equity Broking
Daily Market Reports & News
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Zerodha
Basan Equity Broking
Casual Investor
Active Investor
Trader
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Zerodha
Basan Equity Broking
Pros
1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers.
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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment
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.
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Zerodha
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 buy & 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
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Zerodha
Basan Equity Broking
Equity Demat Transaction Charges
₹13.5 + Gst per scrip (stock)
N/A
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Zerodha
Basan Equity Broking
Equity/Currencies/Commodities ( Delivery & FNO)
Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges + SEBI charges)
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Zerodha
Basan Equity Broking
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST
₹10/Crore
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Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
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Zerodha
Basan Equity Broking
Zerodha Review 2024 Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in
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Basan Equity Broking Account Opening Process, Charges, and Details
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Zerodha
Basan Equity Broking
Commodity Futures
₹20/ Order or 0.03% (whichever is lower)
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
Currency Futures
₹20/ Order or 0.03% (whichever is lower)
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
Equity Delivery
Zero Brokerage
Traditional Plan - 0.5% | Cash Zero Plan- ₹0 per order
Equity Options
₹20/ Order
Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order
Commodity Options
₹20/ Order or 0.03%(whichever is lower)
Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order
Equity Futures
₹20/ Order or 0.03% (whichever is lower)
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
Currency Options
₹20/ Order or 0.03% (whichever is lower)
Traditional Plan - ₹50 per lot | Cash Zero Plan- ₹20 per order
Fixed Charges
₹20/Order
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
Equity Intraday
₹20/ Order or 0.03% (whichever is lower)
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
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Zerodha
Basan Equity Broking
Equity Options
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Intraday
5x (20% margin)
4x (Up to 20% of trade value)
Currency Options
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Commodity Options
1x(100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Commodity Futures
1x (100% of NRML margins(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 margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
Equity Futures
1x (100% of NRML margins(SPAN + Exposure)
1x (100% of Normal margin (Span + Exposure)
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Zerodha
Basan Equity Broking
RMS Square Off Charge
(₹50 + GST)
₹0 (Free)
API Charges
₹2000/ Month
₹0 (Free)
Call & Trade Charges
₹50/ Order
₹0 (Free)
Other Brokerage Charges
₹20 or 0.03% (whichever is lower)
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
Minimum Brokerage
₹20/ Order
Traditional Plan - 0.05% | Cash Zero Plan- ₹20 per order
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Zerodha
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 buy & 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
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Zerodha
Basan Equity Broking
Equity Demat Transaction Charges
₹13.5 + Gst per scrip (stock)
N/A
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Zerodha
Basan Equity Broking
Equity/Currencies/Commodities ( Delivery & FNO)
Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges + SEBI charges)
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Zerodha
Basan Equity Broking
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST
₹10/Crore
Call Back
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Enquiry with Basan Equity Broking
Zerodha
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
Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM
Trading Platform
Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel
1. Cash Basan Mobile App, 2. Basan Online Web Platform, 3. Basan Desktop Trading Exe
SMS Alerts for Trades
Direct Mutual Fund
Call Back
Open Account
Enquiry with Basan Equity Broking