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Bajaj Financial Vs AxisDirect (Compare Bajaj Financial and AxisDirect)

Bajaj Financial Securities Ltd Logo

About Bajaj Financial
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 Financial Vs AxisDirect

Incorporated in 2010, Bajaj Financial 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 Financial 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 Financial Account

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Bajaj Financial Vs AxisDirect Charges & AMC

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

  Bajaj Financial 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 Financial Vs AxisDirect Brokerage

Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type Bajaj Financial Freedom Plan AxisDirect Standard Brokerage Plan
Fixed Charges Rs 431 per year NA
Equity Delivery Rs 20 per order 0.50%
Equity Intraday Rs 20 per order 0.05%
Equity Futures Rs 20 per order 0.05%
Equity Options Rs 20 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
Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) + Rs 0 Demat AMC Open Demat Account Now!.

Zerodha (Flat Rs 20 Per Trade)

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 Financial Vs AxisDirect Brokerage Plan 2

  Bajaj Financial 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 Financial Account

Bajaj Financial Vs AxisDirect Brokerage Plan 3

  Bajaj Financial 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 Financial Account

Bajaj Financial Charges Vs AxisDirect

Minimum Brokerage Rs 5 per executed order Rs 20 per trade
Other Charges RMS Auto-Square off: Rs 20 per order
Call & Trade Charges Rs 20 per trade Rs 20 per call

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Bajaj Financial Vs AxisDirect Transaction Charges

Bajaj Financial transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium) while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Bajaj Financial AxisDirect
Equity Delivery NSE Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 5000 per Cr (0.05%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity
Open Bajaj Financial Account

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Bajaj Financial Vs AxisDirect Leverage (Margin)

Bajaj Financial 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 Financial 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)
Open Bajaj Financial Account

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Compare Bajaj Financial and AxisDirect Features

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

  Bajaj Financial 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
Open Bajaj Financial Account

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Bajaj Financial Vs AxisDirect Review

Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 89 customer reviews.

  Bajaj Financial AxisDirect
  15 Customer Reviews    Rate Bajaj Financial 89 Customer Reviews    Rate AxisDirect
Fees 2.7 2.0
Brokerage 3.2 1.8
Trading Platform 2.9 2.5
Customer Service 2.6 2.1
Research Capabilities 2.0 2.7
Overall Ratings Rated 3.1 stars Rated 2.0 stars
Broker Rating Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews AxisDirect is rated 2.0 of 5 based on 89 customer reviews

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Contact Broker / Request A Call Back

  Bajaj Financial Enquire AxisDirect Enquire
Contact Broker Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) + Rs 0 Demat AMC Open Demat Account Now!. 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 Financial Vs AxisDirect Investment Options

  Bajaj Financial 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 Financial Vs AxisDirect Order Type Offered

  Bajaj Financial 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
Open Bajaj Financial Account

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Bajaj Financial Vs AxisDirect Research Report

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

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Bajaj Financial Vs AxisDirect Suitable For Investor Type

  Bajaj Financial AxisDirect
Casual Investor Yes
Active Investor
Trader Yes

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Bajaj Financial Vs AxisDirect - Pros and Cons

  Bajaj Financial 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

Bajaj Financial Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • Flat Rs 20 Per Trade Brokerage (with Rs 431 yearly fee)
  • Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly fee)
  • Flat Rs 5 Per Trade Brokerage (with Rs 9999 yearly fee)
  • Rs 0 Demat AMC

This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you.

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 Financial Account

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