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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... 
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...
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 Account | Open Bajaj Finserv Account |
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) |
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.
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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 | 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 Account | Open Bajaj Finserv Account |
| 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 Account | Open Bajaj Finserv Account |
| 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 |
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 Account | Open Bajaj Finserv Account |
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 Account | Open Bajaj Finserv Account |
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 |  |
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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 | 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? | |
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| Referral Program | ||
| Other Features | ||
| Open IIFL Securities Account | Open Bajaj Finserv Account |
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  |
13 Customer Reviews |
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| 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 |
| 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!. |
| IIFL Securities | Bajaj Finserv | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Insurance |
| IIFL Securities | Bajaj Finserv | |
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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 IIFL Securities Account | Open Bajaj Finserv Account |
| IIFL Securities | Bajaj Finserv | |
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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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| IIFL Securities | Bajaj Finserv | |
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| Casual Investor | ||
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| IIFL Securities | Bajaj Finserv | |
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| Promo / Offers | IIFL Securities Special OfferFlat Rs 20 Per Trade Brokerage + Free Account Opening
This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today. |
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. |
| Open IIFL Securities Account | Open Bajaj Finserv Account |
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