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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 Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo...
Incorporated in 2010, Bajaj Finserv 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 Finserv | Upstox | |
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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 Finserv Account | Open Upstox Account |
Bajaj Finserv trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 249. Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year) and Upstox Demat Account AMC Charges is Rs 0 (Free).
Bajaj Finserv | Upstox | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 249 |
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 0 (Free) |
Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 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 Finserv Freedom Plan | Upstox Default |
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Fixed Charges | Rs 0 | NA |
Equity Delivery | 0.10% | Rs 20 per executed order or 2.5% whichever is low |
Equity Intraday | Rs 17 per order | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures | Rs 17 per order | Rs 20 per executed order or 0.05% whichever is lower |
Equity Options | Rs 17 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) - Open Demat Account Now!. |
Special Offer: FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
Bajaj Finserv | Upstox | |
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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 Finserv Account | Open Upstox Account |
Bajaj Finserv | Upstox | |
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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 Finserv Account | Open Upstox Account |
Minimum Brokerage | Rs 5 for Equity Delivery & Intraday | 0.05% |
Other Charges | Auto Square-off Charges: Rs 50 | |
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 Upstox exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).
Bajaj Finserv | Upstox | |
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Equity Delivery | NSE Rs 345 per Cr (0.00345%) (each side) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Intraday | NSE Rs 345 per Cr (0.00345%) (each side) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Futures | NSE Rs 225 per Cr (0.00225%) | NSE Rs 200 per Cr (0.002%) |
Equity Options | NSE Rs 5325 per Cr (0.05325%) (on premium) | NSE Rs 5300 per Cr (0.053%) (on premium) |
Currency Futures | NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%) | |
Currency Options | NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium) | |
Commodity | Group A - Rs 290 per Cr (0.0029%) | |
Open Bajaj Finserv Account | Open Upstox Account |
Bajaj Finserv 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 Finserv | Upstox | |
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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 Upstox Account |
The trading platforms offered Bajaj Finserv 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 Finserv | Upstox | |
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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) | 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? | ![]() |
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Referral Program | ![]() |
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Other Features | Option strategy builder | |
Open Bajaj Finserv Account | Open Upstox Account |
Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews whereas Upstox is rated 2.4 of 5 based on 131 customer reviews.
Bajaj Finserv Enquire | Upstox Enquire | |
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Contact Broker | Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!. | FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
Bajaj Finserv | Upstox | |
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Stock / Equity | ![]() |
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Commodity | ![]() |
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Currency | ![]() |
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IPO | ![]() |
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Mutual Funds | ![]() |
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Bond / NCD | ![]() |
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Debt | ![]() |
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Other Investment Options |
Bajaj Finserv | Upstox | |
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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 Upstox Account |
Bajaj Finserv | Upstox | |
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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 | Upstox | |
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Casual Investor | ![]() |
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Active Investor | ![]() |
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Trader | ![]() |
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Bajaj Finserv | Upstox | |
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Reviews | ||
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. |
Upstox Special OfferExclusive offer by Upstox
It is a limited-time offer. Open Instant Account and start trading the same day. |
Open Bajaj Finserv Account | Open Upstox Account |
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