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Bajaj Finserv Vs AxisDirect (Compare Bajaj Finserv and AxisDirect)

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

Axis Securities Logo

About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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Bajaj Finserv Vs AxisDirect

Incorporated in 2010, Bajaj Finserv is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  Bajaj Finserv AxisDirect
Type of Broker Discount Broker Full Service Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX
Year of Incorporation 2010 2006
Number of Branches 6 56
Open Bajaj Finserv Account

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Bajaj Finserv Vs AxisDirect Charges & AMC

Bajaj Finserv trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 900. Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year) and AxisDirect Demat Account AMC Charges is Rs 650.

  Bajaj Finserv AxisDirect
Trading Account Opening Charges Rs 0 (Free) Rs 900
Trading Account AMC Charges Rs 899 per year Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 199 (Free for 1st year) Rs 650

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Bajaj Finserv Vs AxisDirect Brokerage

Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 per order whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type Bajaj Finserv Freedom Plan AxisDirect Standard Brokerage Plan
Fixed Charges Rs 0 NA
Equity Delivery 0.10% 0.50%
Equity Intraday Rs 17 per order 0.05%
Equity Futures Rs 17 per order 0.05%
Equity Options Rs 17 per order Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Bajaj Finserv Vs AxisDirect Brokerage Plan 2

  Bajaj Finserv AxisDirect
Account Type Professional Pack Standard Brokerage Plan
Fixed Charges Rs 2500 per year NA
Equity Delivery Rs 10 per order 0.50%
Equity Intraday Rs 10 per order 0.05%
Equity Futures Rs 10 per order 0.05%
Equity Options Rs 10 per order Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot
Open Bajaj Finserv Account

Bajaj Finserv Vs AxisDirect Brokerage Plan 3

  Bajaj Finserv AxisDirect
Account Type Bajaj Privilege Club Standard Brokerage Plan
Fixed Charges Rs 9999 per year NA
Equity Delivery Rs 5 per order 0.50%
Equity Intraday Rs 5 per order 0.05%
Equity Futures Rs 5 per order 0.05%
Equity Options Rs 5 per order Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot
Open Bajaj Finserv Account

Bajaj Finserv Charges Vs AxisDirect

Minimum Brokerage Rs 5 for Equity Delivery & Intraday Rs 20 per trade
Other Charges
Call & Trade Charges Rs 20 per trade Rs 20 per call

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Bajaj Finserv Vs AxisDirect Transaction Charges

Bajaj Finserv transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium) while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium).

  Bajaj Finserv AxisDirect
Equity Delivery NSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 225 per Cr (0.00225%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Options NSE Rs 5325 per Cr (0.05325%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)
Currency Futures Rs 190 per Cr (0.0019%)
Currency Options Rs 5000 per Cr (0.05%) (on premium)
Commodity
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Bajaj Finserv Vs AxisDirect Leverage (Margin)

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

  Bajaj Finserv AxisDirect
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)
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Compare Bajaj Finserv and AxisDirect Features

The trading platforms offered Bajaj Finserv include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Bajaj Finserv AxisDirect
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
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) Yes Yes
Trading Platform BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:15 PM 3:15
Trading In SME Shares Allowed? No
Referral Program Yes
Other Features
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Bajaj Finserv Vs AxisDirect Review

Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 82 customer reviews.

  Bajaj Finserv AxisDirect
  13 Customer Reviews    Rate Bajaj Finserv 82 Customer Reviews    Rate AxisDirect
Fees 2.7 2.0
Brokerage 3.4 1.8
Trading Platform 3.0 2.6
Customer Service 2.8 2.1
Research Capabilities 2.8
Overall Ratings Rated 3.2 stars Rated 2.0 stars
Broker Rating Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews AxisDirect is rated 2.0 of 5 based on 82 customer reviews

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Contact Broker / Request A Call Back

  Bajaj Finserv Enquire AxisDirect Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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Bajaj Finserv Vs AxisDirect Investment Options

  Bajaj Finserv AxisDirect
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, ETF, Corporate FD

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Bajaj Finserv Vs AxisDirect Order Type Offered

  Bajaj Finserv AxisDirect
Bracket Order Yes No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No No
Good Till Cancelled (GTC) No Yes
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Bajaj Finserv Vs AxisDirect Research Report

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

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Bajaj Finserv Vs AxisDirect Suitable For Investor Type

  Bajaj Finserv AxisDirect
Casual Investor Yes
Active Investor
Trader Yes

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Bajaj Finserv Vs AxisDirect - Pros and Cons

  Bajaj Finserv AxisDirect
Pros
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
Open Bajaj Finserv Account

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