Bajaj Financial Vs Upstox (Compare Bajaj Financial and Upstox)

Bajaj Financial Vs Upstox

Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

	Bajaj Financial	Upstox
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2010	2012
Number of Branches	6	4
	Open Bajaj Financial Account	Open Upstox Account

Bajaj Financial Vs Upstox Charges & AMC

Bajaj Financial trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 0 (Free). Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and Upstox Demat Account AMC Charges is Rs 150.

	Bajaj Financial	Upstox
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 150

Bajaj Financial Vs Upstox Brokerage

Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type	Bajaj Financial Freedom Plan	Upstox Default
Fixed Charges	Rs 431 per year	NA
Equity Delivery	Rs 20 per order	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Rs 20 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 20 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 20 per order	Rs 20 per executed order
Currency Futures		Rs 20 per executed order or 0.05% whichever is lower
Currency Options		Rs 20 per executed order
Commodity Futures		Rs 20 per executed order or 0.05% 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) + Rs 0 Demat AMC Open Demat Account Now!.	Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Bajaj Financial Vs Upstox Brokerage Plan 2

	Bajaj Financial	Upstox
Account Type	Professional Pack	Default
Fixed Charges	Rs 2500 per year	NA
Equity Delivery	Rs 10 per order	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Rs 10 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 10 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 10 per order	Rs 20 per executed order
Currency Futures		Rs 20 per executed order or 0.05% whichever is lower
Currency Options		Rs 20 per executed order
Commodity Futures		Rs 20 per executed order or 0.05% whichever is lower
Commodity Options		Rs 20 per executed order
	Open Bajaj Financial Account	Open Upstox Account

Bajaj Financial Vs Upstox Brokerage Plan 3

	Bajaj Financial	Upstox
Account Type	Bajaj Privilege Club	Default
Fixed Charges	Rs 9999 per year	NA
Equity Delivery	Rs 5 per order	Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Rs 5 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 5 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 5 per order	Rs 20 per executed order
Currency Futures		Rs 20 per executed order or 0.05% whichever is lower
Currency Options		Rs 20 per executed order
Commodity Futures		Rs 20 per executed order or 0.05% whichever is lower
Commodity Options		Rs 20 per executed order
	Open Bajaj Financial Account	Open Upstox Account

Bajaj Financial Charges Vs Upstox

Minimum Brokerage	Rs 5 per executed order	0.05%
Other Charges	RMS Auto-Square off: Rs 20 per order	Auto Square-off Charges: Rs 50
Call & Trade Charges	Rs 20 per trade	Rs 20 per trade

Bajaj Financial Vs Upstox Transaction Charges

Bajaj Financial transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Upstox exchange transaction charges for options is NSE Rs 5000 per Cr (0.050%) (on premium).

	Bajaj Financial	Upstox
Equity Delivery	NSE Rs 345 per Cr (0.00345%) (each side)	NSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday	NSE Rs 345 per Cr (0.00345%) (each side)	NSE Rs 325 per Cr (0.00325%) (each side)
Equity Futures	NSE Rs 200 per Cr (0.002%)	NSE Rs 190 per Cr (0.0019%)
Equity Options	NSE Rs 5300 per Cr (0.053%) (on premium)	NSE Rs 5000 per Cr (0.050%) (on premium)
Currency Futures		NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options		NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity		Group A - Rs 290 per Cr (0.0029%)
	Open Bajaj Financial Account	Open Upstox Account

Bajaj Financial Vs Upstox Leverage (Margin)

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

	Bajaj Financial	Upstox
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 Financial Account	Open Upstox Account

Compare Bajaj Financial and Upstox Features

The trading platforms offered Bajaj Financial include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

	Bajaj Financial	Upstox
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time	3:15 PM	3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features		Option strategy builder
	Open Bajaj Financial Account	Open Upstox Account

Bajaj Financial Vs Upstox Review

Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews whereas Upstox is rated 2.4 of 5 based on 136 customer reviews.

	Bajaj Financial	Upstox
	15 Customer Reviews	136 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews	Upstox is rated 2.4 of 5 based on 136 customer reviews

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Bajaj Financial Vs Upstox Investment Options

	Bajaj Financial	Upstox
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Bajaj Financial Vs Upstox Order Type Offered

	Bajaj Financial	Upstox
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Bajaj Financial Account	Open Upstox Account

Bajaj Financial Vs Upstox Research Report

	Bajaj Financial	Upstox
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Bajaj Financial Vs Upstox Suitable For Investor Type

	Bajaj Financial	Upstox
Casual Investor
Active Investor
Trader

Bajaj Financial Vs Upstox - Pros and Cons

	Bajaj Financial	Upstox
Pros		Zero account opening fee. Zero brokerage for Mutual Fund investment. Flat Rs 20 per trade brokerage for all other segments including equity delivery. Offer direct mutual funds. One app for trading in equity, currency, and commodity. Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available. Good-Till-Triggered (GTT) orders are available.
Cons		Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades. Doesn't offer unlimited trading plans. Doesn't offer margin funding for delivery trades. Doesn't offer stock tips or recommendations. Doesn't offer a 3-in-1 account. Doesn't offer 24/7 customer support. Doesn't offer API access for automated trading. Doesn't offer NRI Trading and Demat account. Doesn't offer BTST Doesn't offer digital gold. Call-and-trade fee is Rs 20 per executed order extra. Automatic settlement charges an additional Rs 50 per executed order. Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
Reviews
Promo / Offers	Bajaj Financial Special Offer Rs 0 Account Opening (for a limited time only) Get FREE Account Opening. Flat Rs 20 Per Trade Brokerage (with Rs 431 yearly fee) Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly fee) Flat Rs 5 Per Trade Brokerage (with Rs 9999 yearly fee) Rs 0 Demat AMC This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you.	Upstox Special Offer Exclusive offer by Upstox Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades. Pay Rs 0 commission for Mutual Funds. It is a limited-time offer. Open Instant Account and start trading the same day.
	Open Bajaj Financial Account	Open Upstox Account