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IIFL Securities Vs Bajaj Finserv (Compare IIFL Securities and Bajaj Finserv)

IIFL Securities Ltd Logo

About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD... Know more about IIFL Securities Ltd

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

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IIFL Securities Vs Bajaj Finserv

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in 2010, Bajaj Finserv is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India.

  IIFL Securities Bajaj Finserv
Type of Broker Full Service Broker Discount Broker
Exchnage Membership NSE, BSE, MCX BSE, NSE
Year of Incorporation 1996 2010
Number of Branches 900 6
Open IIFL Securities AccountOpen Bajaj Finserv Account

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IIFL Securities Vs Bajaj Finserv Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while Bajaj Finserv account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year).

  IIFL Securities Bajaj Finserv
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 899 per year
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 250 (Free for 1st year) Rs 199 (Free for 1st year)

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IIFL Securities Vs Bajaj Finserv Brokerage

IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 per order.

Account Type IIFL Securities iServe Bajaj Finserv Freedom Plan
Fixed Charges NA Rs 0
Equity Delivery Rs 20 per order 0.10%
Equity Intraday Rs 20 per order Rs 17 per order
Equity Futures Rs 20 per order Rs 17 per order
Equity Options Rs 20 per order Rs 17 per order
Currency Futures Rs 20 per order
Currency Options Rs 20 per order
Commodity Futures Rs 20 per order
Commodity Options Rs 20 per order
Special Offer
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.

IIFL Securities Vs Bajaj Finserv Brokerage Plan 2

  IIFL Securities Bajaj Finserv
Account Type iServe Professional Pack
Fixed Charges NA Rs 2500 per year
Equity Delivery Rs 20 per order Rs 10 per order
Equity Intraday Rs 20 per order Rs 10 per order
Equity Futures Rs 20 per order Rs 10 per order
Equity Options Rs 20 per order Rs 10 per order
Currency Futures Rs 20 per order
Currency Options Rs 20 per order
Commodity Futures Rs 20 per order
Commodity Options Rs 20 per order
Open IIFL Securities AccountOpen Bajaj Finserv Account

IIFL Securities Vs Bajaj Finserv Brokerage Plan 3

  IIFL Securities Bajaj Finserv
Account Type iServe Bajaj Privilege Club
Fixed Charges NA Rs 9999 per year
Equity Delivery Rs 20 per order Rs 5 per order
Equity Intraday Rs 20 per order Rs 5 per order
Equity Futures Rs 20 per order Rs 5 per order
Equity Options Rs 20 per order Rs 5 per order
Currency Futures Rs 20 per order
Currency Options Rs 20 per order
Commodity Futures Rs 20 per order
Commodity Options Rs 20 per order
Open IIFL Securities AccountOpen Bajaj Finserv Account

IIFL Securities Charges Vs Bajaj Finserv

Minimum Brokerage Rs 5 for Equity Delivery & Intraday
Other Charges Advisory SMS - Rs 50 per month
Call & Trade Charges Rs 50 per call Rs 20 per trade

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IIFL Securities Vs Bajaj Finserv Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while Bajaj Finserv exchange transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium).

  IIFL Securities Bajaj Finserv
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 345 per Cr (0.00345%) (each side)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 345 per Cr (0.00345%) (each side)
Equity Futures Rs 210 per Cr (0.0021%) NSE Rs 225 per Cr (0.00225%)
Equity Options Rs 5100 per Cr (0.051%) (on premium) NSE Rs 5325 per Cr (0.05325%) (on premium)
Currency Futures Rs 210 per Cr (0.0021%)
Currency Options Rs 5100 per Cr (0.051%) (on premium)
Commodity Group A - Rs 280 per Cr (0.0028%)
Open IIFL Securities AccountOpen Bajaj Finserv Account

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IIFL Securities Vs Bajaj Finserv Leverage (Margin)

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

  IIFL Securities Bajaj Finserv
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 IIFL Securities AccountOpen Bajaj Finserv Account

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Compare IIFL Securities and Bajaj Finserv Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Bajaj Finserv offers BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) trading software.

  IIFL Securities Bajaj Finserv
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
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) No Yes
Trading Platform IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)
Intraday Square-off Time 3:15 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features
Open IIFL Securities AccountOpen Bajaj Finserv Account

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IIFL Securities Vs Bajaj Finserv Review

IIFL Securities is rated 2.7 of 5 based on 124 customer reviews whereas Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews.

  IIFL Securities Bajaj Finserv
  124 Customer Reviews    Rate IIFL Securities 13 Customer Reviews    Rate Bajaj Finserv
Fees 2.8 2.7
Brokerage 2.6 3.4
Trading Platform 3.2 3.0
Customer Service 2.6 2.8
Research Capabilities 3.2
Overall Ratings Rated 2.7 stars Rated 3.2 stars
Broker Rating IIFL Securities is rated 2.7 of 5 based on 124 customer reviews Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews

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Contact Broker / Request A Call Back

  IIFL Securities Enquire Bajaj Finserv Enquire
Contact Broker Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today. Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.

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IIFL Securities Vs Bajaj Finserv Investment Options

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

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IIFL Securities Vs Bajaj Finserv Order Type Offered

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

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IIFL Securities Vs Bajaj Finserv Research Report

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

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IIFL Securities Vs Bajaj Finserv Suitable For Investor Type

  IIFL Securities Bajaj Finserv
Casual Investor
Active Investor Yes
Trader Yes Yes

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IIFL Securities Vs Bajaj Finserv - Pros and Cons

  IIFL Securities Bajaj Finserv
Pros
  1. Full-service broker offering quality research and recommendations.
  2. Flat Rs 20 per trade brokerage for Intraday & F&O.
  3. IIFL offers Equity SIP and Mutual Fund SIP.
  4. Margin funding is available.
  5. IIFL Securities is a publicly-traded company listed at BSE and NSE.
Cons
  1. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Equity delivery brokerage is charged at flat Rs 20 per trade.
  3. It doesn't offer Direct Mutual Funds.
  4. Call & trade changes are Rs 50 per call.
Reviews
Promo / Offers

IIFL Securities Special Offer

Flat Rs 20 Per Trade Brokerage + Free Account Opening

  • Flat Rs 20 per trade brokerage for delivery, intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

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.

Open IIFL Securities AccountOpen Bajaj Finserv Account

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