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Bajaj Financial Vs Fyers (Compare Bajaj Financial and Fyers)

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

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. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company. The company was founded by young entrepreneurs who believe 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 India. ... Know more about Fyers Securities Ltd

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Bajaj Financial Vs Fyers

Incorporated in 2010, Bajaj Financial 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 BSE, NSE, MCX. It has 2 branches across India.

  Bajaj Financial Fyers
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX
Year of Incorporation 2010 2015
Number of Branches 6 2
Open Bajaj Financial AccountOpen Fyers Account

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Bajaj Financial Vs Fyers Charges & AMC

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

  Bajaj Financial Fyers
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 899 per year Rs 0 (Free AMC for Lifetime)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 199 (Free for 1st year) Rs 0 (Free AMC for Lifetime)

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Bajaj Financial Vs Fyers Brokerage

Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas Fyers brokerage charges for equity is 0.03% or Rs 20, whichever is lower and intraday is 0.03% or Rs 20, whichever is lower.

Account Type Bajaj Financial Freedom Plan Fyers Flat Fee Brokerage Plan
Fixed Charges Rs 431 per year NA
Equity Delivery Rs 20 per order 0.03% or Rs 20, whichever is lower
Equity Intraday Rs 20 per order 0.03% or Rs 20, whichever is lower
Equity Futures Rs 20 per order 0.03% or Rs 20, whichever is lower
Equity Options Rs 20 per order Rs 20 per executed order
Currency Futures 0.03% or Rs 20, whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures 0.03% or Rs 20, whichever is lower
Commodity Options Rs 20 per executed order
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!.
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 Financial Vs Fyers Brokerage Plan 2

  Bajaj Financial Fyers
Account Type Professional Pack Flat Fee Brokerage Plan
Fixed Charges Rs 2500 per year NA
Equity Delivery Rs 10 per order 0.03% or Rs 20, whichever is lower
Equity Intraday Rs 10 per order 0.03% or Rs 20, whichever is lower
Equity Futures Rs 10 per order 0.03% or Rs 20, whichever is lower
Equity Options Rs 10 per order Rs 20 per executed order
Currency Futures 0.03% or Rs 20, whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures 0.03% or Rs 20, whichever is lower
Commodity Options Rs 20 per executed order
Open Bajaj Financial AccountOpen Fyers Account

Bajaj Financial Vs Fyers Brokerage Plan 3

  Bajaj Financial Fyers
Account Type Bajaj Privilege Club Flat Fee Brokerage Plan
Fixed Charges Rs 9999 per year NA
Equity Delivery Rs 5 per order 0.03% or Rs 20, whichever is lower
Equity Intraday Rs 5 per order 0.03% or Rs 20, whichever is lower
Equity Futures Rs 5 per order 0.03% or Rs 20, whichever is lower
Equity Options Rs 5 per order Rs 20 per executed order
Currency Futures 0.03% or Rs 20, whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures 0.03% or Rs 20, whichever is lower
Commodity Options Rs 20 per executed order
Open Bajaj Financial AccountOpen Fyers Account

Bajaj Financial Charges Vs Fyers

Minimum Brokerage Rs 5 per executed order Intra-day: 0.03% or Rs 20, whichever is lower
Other Charges RMS Auto-Square off: Rs 20 per order Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery)
Call & Trade Charges Rs 20 per trade Rs 50 per trade

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Bajaj Financial Vs Fyers 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 Fyers exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).

  Bajaj Financial Fyers
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%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options (on premium) NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity NA
Open Bajaj Financial AccountOpen Fyers Account

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Bajaj Financial Vs Fyers Leverage (Margin)

Bajaj Financial 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 Financial 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 Financial AccountOpen Fyers Account

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Compare Bajaj Financial and Fyers Features

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

  Bajaj Financial Fyers
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No Yes
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) Fyers App, Fyers Web, Fyers Next
Intraday Square-off Time 3:15 PM 3:15 PM
Trading In SME Shares Allowed? No Yes
Referral Program Yes
Other Features API Trading, Algo Trading and Insta Options is available, which is designed for options traders.
Open Bajaj Financial AccountOpen Fyers Account

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Bajaj Financial Vs Fyers Review

Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews whereas Fyers is rated 2.9 of 5 based on 37 customer reviews.

  Bajaj Financial Fyers
  15 Customer Reviews    Rate Bajaj Financial 37 Customer Reviews    Rate Fyers
Fees 2.7 3.4
Brokerage 3.2 3.5
Trading Platform 2.9 3.2
Customer Service 2.6 2.9
Research Capabilities 2.0 2.3
Overall Ratings Rated 3.1 stars Rated 2.9 stars
Broker Rating Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews Fyers is rated 2.9 of 5 based on 37 customer reviews

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Contact Broker / Request A Call Back

  Bajaj Financial Enquire Fyers 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 (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 Financial Vs Fyers Investment Options

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

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Bajaj Financial Vs Fyers Order Type Offered

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

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Bajaj Financial Vs Fyers Research Report

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

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Bajaj Financial Vs Fyers Suitable For Investor Type

  Bajaj Financial Fyers
Casual Investor
Active Investor Yes
Trader Yes Yes

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Bajaj Financial Vs Fyers - Pros and Cons

  Bajaj Financial 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.
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.

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 Financial AccountOpen Fyers Account

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