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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... 
About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of 'Focus Your Energy & Reform the Self', representing the core values of the company.
The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India.
Fyers is a low brokerage stock broker in...
Incorporated in 2010, Bajaj Finserv is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.
| Bajaj Finserv | Fyers | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | NSE, MCX |
| Year of Incorporation | 2010 | 2015 |
| Number of Branches | 6 | 0 |
| Open Bajaj Finserv Account | Open Fyers Account |
Bajaj Finserv trading account opening charges is Rs 0 (Free) while Fyers account opening changes is Rs 0 (Free). Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year) and Fyers Demat Account AMC Charges is Rs 300.
| Bajaj Finserv | Fyers | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 899 per year | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 199 (Free for 1st year) | Rs 300 |
Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 per order whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.
| Account Type | Bajaj Finserv Freedom Plan | Fyers Flat Fee Brokerage Plan |
|---|---|---|
| Fixed Charges | Rs 0 | NA |
| Equity Delivery | 0.10% | Rs 0 (Free) |
| Equity Intraday | Rs 17 per order | Rs 20 per executed order or .03% whichever is lower |
| Equity Futures | Rs 17 per order | Rs 20 per executed order or .03% whichever is lower |
| Equity Options | Rs 17 per order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| 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: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. |
| Bajaj Finserv | Fyers | |
|---|---|---|
| Account Type | Professional Pack | Flat Fee Brokerage Plan |
| Fixed Charges | Rs 2500 per year | NA |
| Equity Delivery | Rs 10 per order | Rs 0 (Free) |
| Equity Intraday | Rs 10 per order | Rs 20 per executed order or .03% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per executed order or .03% whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Open Bajaj Finserv Account | Open Fyers Account |
| Bajaj Finserv | Fyers | |
|---|---|---|
| Account Type | Bajaj Privilege Club | Flat Fee Brokerage Plan |
| Fixed Charges | Rs 9999 per year | NA |
| Equity Delivery | Rs 5 per order | Rs 0 (Free) |
| Equity Intraday | Rs 5 per order | Rs 20 per executed order or .03% whichever is lower |
| Equity Futures | Rs 5 per order | Rs 20 per executed order or .03% whichever is lower |
| Equity Options | Rs 5 per order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Open Bajaj Finserv Account | Open Fyers Account |
| Minimum Brokerage | Rs 5 for Equity Delivery & Intraday | Intra-day: Rs 7 or 2.5% whichever is lower |
| Other Charges | Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments) | |
| Call & Trade Charges | Rs 20 per trade | Rs 20 per trade |
Bajaj Finserv transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium) while Fyers exchange transaction charges for options is Rs 5900 per Cr (on premium) (0.059%).
| Bajaj Finserv | Fyers | |
|---|---|---|
| Equity Delivery | NSE Rs 345 per Cr (0.00345%) (each side) | Rs 325 per Cr (0.00325%) |
| Equity Intraday | NSE Rs 345 per Cr (0.00345%) (each side) | Rs 325 per Cr (0.00325%) |
| Equity Futures | NSE Rs 225 per Cr (0.00225%) | Rs 240 per Cr (0.0024%) |
| Equity Options | NSE Rs 5325 per Cr (0.05325%) (on premium) | Rs 5900 per Cr (on premium) (0.059%) |
| Currency Futures | Rs 240 per Cr (0.0024%) | |
| Currency Options | Rs 5900 per Cr (on premium) (0.059%) | |
| Commodity | NA | |
| Open Bajaj Finserv Account | Open Fyers Account |
Bajaj Finserv margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Fyers margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Bajaj Finserv | Fyers | |
|---|---|---|
| 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 Account | Open Fyers Account |
The trading platforms offered Bajaj Finserv include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). Fyers offers Fyers One (In-house build) trading software.
| Bajaj Finserv | Fyers | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) | Fyers One (In-house build) |
| Intraday Square-off Time | 3:15 PM | 3:20 PM |
| Trading In SME Shares Allowed? | |
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| Referral Program | |
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| Other Features | Brokerage free thematic investing is available | |
| Open Bajaj Finserv Account | Open Fyers Account |
Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews whereas Fyers is rated 3.0 of 5 based on 29 customer reviews.
| Bajaj Finserv | Fyers | |
|---|---|---|
13 Customer Reviews  |
29 Customer Reviews |
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| Broker Rating | Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews | Fyers is rated 3.0 of 5 based on 29 customer reviews |
| Bajaj Finserv Enquire | Fyers Enquire | |
|---|---|---|
| Contact Broker | Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. |
| Bajaj Finserv | Fyers | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| IPO | |
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| Bond / NCD | |
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| Debt | |
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| Bajaj Finserv | Fyers | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Open Bajaj Finserv Account | Open Fyers Account |
| Bajaj Finserv | Fyers | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Bajaj Finserv | Fyers | |
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| Casual Investor | ||
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| Bajaj Finserv | Fyers | |
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| Promo / Offers | Bajaj Finserv Special OfferRs 0 Account Opening (for a limited time only)
This is a limited-time offer. Simply leave your contact information with us and Bajaj Finserv representatives will contact you. |
Fyers Special OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
| Open Bajaj Finserv Account | Open Fyers Account |
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