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Bajaj Finserv Vs Edelweiss (Compare Bajaj Finserv and Edelweiss)

Bajaj Financial Securities Ltd Logo

About Bajaj Finserv
Bajaj Financial Securities Limited (BFSL) is a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India. BFSL, a SEBI registered company offers stockbroking services and is a member of BSE and NSE. BFSL is the depository participant with NSDL and CDSL. BFSL offers online discount brokerage services in Equity and Derivative Trading, Mutual Funds, Margin Trading Financing, IPO Financing, Spread Financing and Loan Against Securities. BFSL has two trading platforms - BFSLTrade App (m... Know more about Bajaj Financial Securities Ltd

Edelweiss Broking Ltd Logo

About Edelweiss
Incorporated in 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate. The Retail Broking business of Edelweiss offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities and Futures & Options. Edelweiss offers investment advice backed by research and analysis to it... Know more about Edelweiss Broking Ltd

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Bajaj Finserv Vs Edelweiss

Incorporated in 2010, Bajaj Finserv is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

  Bajaj Finserv Edelweiss
Type of Broker Discount Broker Full Service Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX, NCDEX
Year of Incorporation 2010 2002
Number of Branches 6 237
Open Bajaj Finserv AccountOpen Edelweiss Account

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Bajaj Finserv Vs Edelweiss Charges & AMC

Bajaj Finserv trading account opening charges is Rs 0 (Free) while Edelweiss account opening changes is Rs 0 (Free). Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year) and Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free).

  Bajaj Finserv Edelweiss
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 899 per year Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 199 (Free for 1st year) Rs 500 (1st Year Free)

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Bajaj Finserv Vs Edelweiss Brokerage

Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 per order whereas Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

Account Type Bajaj Finserv Freedom Plan Edelweiss Edelweiss Lite
Fixed Charges Rs 0 NA
Equity Delivery 0.10% Rs 10 per executed order
Equity Intraday Rs 17 per order Rs 10 per executed order
Equity Futures Rs 17 per order Rs 10 per executed order
Equity Options Rs 17 per order Rs 10 per executed order
Currency Futures Rs 10 per executed order
Currency Options Rs 10 per executed order
Commodity Futures
Commodity Options
Special Offer
Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Bajaj Finserv Vs Edelweiss Brokerage Plan 2

  Bajaj Finserv Edelweiss
Account Type Professional Pack Edelweiss Elite
Fixed Charges Rs 2500 per year
Equity Delivery Rs 10 per order 0.30%
Equity Intraday Rs 10 per order 0.03%
Equity Futures Rs 10 per order 0.03%
Equity Options Rs 10 per order Rs 75 per lot
Currency Futures 0.02%
Currency Options Rs 20 per lot
Commodity Futures
Commodity Options
Open Bajaj Finserv AccountOpen Edelweiss Account

Bajaj Finserv Vs Edelweiss Brokerage Plan 3

  Bajaj Finserv Edelweiss
Account Type Bajaj Privilege Club Edelweiss Lite
Fixed Charges Rs 9999 per year NA
Equity Delivery Rs 5 per order Rs 10 per executed order
Equity Intraday Rs 5 per order Rs 10 per executed order
Equity Futures Rs 5 per order Rs 10 per executed order
Equity Options Rs 5 per order Rs 10 per executed order
Currency Futures Rs 10 per executed order
Currency Options Rs 10 per executed order
Commodity Futures
Commodity Options
Open Bajaj Finserv AccountOpen Edelweiss Account

Bajaj Finserv Charges Vs Edelweiss

Minimum Brokerage Rs 5 for Equity Delivery & Intraday 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 20 per trade Rs 20 per call

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Bajaj Finserv Vs Edelweiss Transaction Charges

Bajaj Finserv transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium) while Edelweiss exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium).

  Bajaj Finserv Edelweiss
Equity Delivery NSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Futures NSE Rs 225 per Cr (0.00225%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options NSE Rs 5325 per Cr (0.05325%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%)
Currency Options Rs 4000 per Cr (0.04%) (on premium)
Commodity
Open Bajaj Finserv AccountOpen Edelweiss Account

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Bajaj Finserv Vs Edelweiss Leverage (Margin)

Bajaj Finserv margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Edelweiss margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Bajaj Finserv Edelweiss
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Bajaj Finserv AccountOpen Edelweiss Account

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Compare Bajaj Finserv and Edelweiss Features

The trading platforms offered Bajaj Finserv include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

  Bajaj Finserv Edelweiss
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time 3:15 PM 3:00 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features
Open Bajaj Finserv AccountOpen Edelweiss Account

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Bajaj Finserv Vs Edelweiss Review

Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews whereas Edelweiss is rated 2.9 of 5 based on 73 customer reviews.

  Bajaj Finserv Edelweiss
  13 Customer Reviews    Rate Bajaj Finserv 73 Customer Reviews    Rate Edelweiss
Fees 2.7 3.0
Brokerage 3.4 3.1
Trading Platform 3.0 3.5
Customer Service 2.8 2.7
Research Capabilities 2.8
Overall Ratings Rated 3.2 stars Rated 2.9 stars
Broker Rating Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews Edelweiss is rated 2.9 of 5 based on 73 customer reviews

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Contact Broker / Request A Call Back

  Bajaj Finserv Enquire Edelweiss Enquire
Contact Broker Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!. Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

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Bajaj Finserv Vs Edelweiss Investment Options

  Bajaj Finserv Edelweiss
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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Bajaj Finserv Vs Edelweiss Order Type Offered

  Bajaj Finserv Edelweiss
Bracket Order Yes No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No No
Open Bajaj Finserv AccountOpen Edelweiss Account

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Bajaj Finserv Vs Edelweiss Research Report

  Bajaj Finserv Edelweiss
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

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Bajaj Finserv Vs Edelweiss Suitable For Investor Type

  Bajaj Finserv Edelweiss
Casual Investor
Active Investor Yes
Trader Yes Yes

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Bajaj Finserv Vs Edelweiss - Pros and Cons

  Bajaj Finserv Edelweiss
Pros
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
Cons
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers

Bajaj Finserv Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • Flat Rs 10 Per Trade Brokerage (with Rs 2500 AMC)
  • Flat Rs 5 Per Trade Brokerage (with Rs 9999 AMC)

This is a limited-time offer. Simply leave your contact information with us and Bajaj Finserv representatives will contact you.

Edelweiss Special Offer

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.

Open Bajaj Finserv AccountOpen Edelweiss Account

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