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Bajaj Finserv Vs Fyers (Compare Bajaj Finserv and Fyers)

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

Fyers Securities Ltd Logo

About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of 'Focus Your Energy & Reform the Self', representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers Securities Ltd

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Bajaj Finserv Vs Fyers

Incorporated in 2010, Bajaj Finserv is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.

  Bajaj Finserv Fyers
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE NSE, MCX
Year of Incorporation 2010 2015
Number of Branches 6 0
Open Bajaj Finserv AccountOpen Fyers Account

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Bajaj Finserv Vs Fyers Charges & AMC

Bajaj Finserv trading account opening charges is Rs 0 (Free) while Fyers account opening changes is Rs 0 (Free). Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year) and Fyers Demat Account AMC Charges is Rs 300.

  Bajaj Finserv Fyers
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 300

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Bajaj Finserv Vs Fyers Brokerage

Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 per order whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

Account Type Bajaj Finserv Freedom Plan Fyers Flat Fee Brokerage Plan
Fixed Charges Rs 0 NA
Equity Delivery 0.10% Rs 0 (Free)
Equity Intraday Rs 17 per order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 17 per order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 17 per order Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
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.

Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Bajaj Finserv Vs Fyers Brokerage Plan 2

  Bajaj Finserv Fyers
Account Type Professional Pack Flat Fee Brokerage Plan
Fixed Charges Rs 2500 per year NA
Equity Delivery Rs 10 per order Rs 0 (Free)
Equity Intraday Rs 10 per order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 10 per order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 10 per order Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
Open Bajaj Finserv AccountOpen Fyers Account

Bajaj Finserv Vs Fyers Brokerage Plan 3

  Bajaj Finserv Fyers
Account Type Bajaj Privilege Club Flat Fee Brokerage Plan
Fixed Charges Rs 9999 per year NA
Equity Delivery Rs 5 per order Rs 0 (Free)
Equity Intraday Rs 5 per order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 5 per order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 5 per order Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
Open Bajaj Finserv AccountOpen Fyers Account

Bajaj Finserv Charges Vs Fyers

Minimum Brokerage Rs 5 for Equity Delivery & Intraday Intra-day: Rs 7 or 2.5% whichever is lower
Other Charges Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges Rs 20 per trade Rs 20 per trade

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Bajaj Finserv Vs Fyers Transaction Charges

Bajaj Finserv transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium) while Fyers exchange transaction charges for options is Rs 5900 per Cr (on premium) (0.059%).

  Bajaj Finserv Fyers
Equity Delivery NSE Rs 345 per Cr (0.00345%) (each side) Rs 325 per Cr (0.00325%)
Equity Intraday NSE Rs 345 per Cr (0.00345%) (each side) Rs 325 per Cr (0.00325%)
Equity Futures NSE Rs 225 per Cr (0.00225%) Rs 240 per Cr (0.0024%)
Equity Options NSE Rs 5325 per Cr (0.05325%) (on premium) Rs 5900 per Cr (on premium) (0.059%)
Currency Futures Rs 240 per Cr (0.0024%)
Currency Options Rs 5900 per Cr (on premium) (0.059%)
Commodity NA
Open Bajaj Finserv AccountOpen Fyers Account

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Bajaj Finserv Vs Fyers Leverage (Margin)

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

  Bajaj Finserv Fyers
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 AccountOpen Fyers Account

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Compare Bajaj Finserv and Fyers Features

The trading platforms offered Bajaj Finserv include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). Fyers offers Fyers One (In-house build) trading software.

  Bajaj Finserv Fyers
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) Fyers One (In-house build)
Intraday Square-off Time 3:15 PM 3:20 PM
Trading In SME Shares Allowed? No
Referral Program Yes
Other Features Brokerage free thematic investing is available
Open Bajaj Finserv AccountOpen Fyers Account

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Bajaj Finserv Vs Fyers Review

Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews whereas Fyers is rated 3.0 of 5 based on 29 customer reviews.

  Bajaj Finserv Fyers
  13 Customer Reviews    Rate Bajaj Finserv 29 Customer Reviews    Rate Fyers
Fees 2.7 3.2
Brokerage 3.4 3.6
Trading Platform 3.0 3.2
Customer Service 2.8 3.1
Research Capabilities 2.2
Overall Ratings Rated 3.2 stars Rated 3.0 stars
Broker Rating Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews Fyers is rated 3.0 of 5 based on 29 customer reviews

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Contact Broker / Request A Call Back

  Bajaj Finserv Enquire Fyers 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 (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

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Bajaj Finserv Vs Fyers Investment Options

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

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Bajaj Finserv Vs Fyers Order Type Offered

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

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Bajaj Finserv Vs Fyers Research Report

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

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Bajaj Finserv Vs Fyers Suitable For Investor Type

  Bajaj Finserv Fyers
Casual Investor
Active Investor Yes
Trader Yes Yes

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Bajaj Finserv Vs Fyers - Pros and Cons

  Bajaj Finserv Fyers
Pros
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum Rs 20 per trade.
  • Free account opening.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!
Cons
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
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

Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

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

Open Bajaj Finserv AccountOpen Fyers Account

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