About Bajaj Broking
Bajaj Broking is the stockbroking arm of the Bajaj Group, a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India offering online Demat, Trading, and investment platforms. Known for its subscription-based flat brokerage, simple onboarding, and an integrated ecosystem covering Stocks, Mutual Funds, Bonds, F&O, IPOs, and Margin Trading Facility (MTF), it is designed for both new... 
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 the top 10 stock brokers in India with over 4.2 lakhs active customers.
AxisDirect offers investment in Equities, Mutua...
Incorporated in 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 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.
| Ā | Bajaj Broking | AxisDirect |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
| Year of Incorporation | 2010 | 2006 |
| Number of Branches | 47 | 56 |
| Open Bajaj Broking Account | Open AxisDirect Account |
Bajaj Broking trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 0. Bajaj Broking Demat Account AMC Charges is Rs 0 (Free) and AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year).
| Ā | Bajaj Broking | AxisDirect |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 0 (Free) | Rs 750 (free for 1st year) |
Bajaj Broking 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% (Each Leg) and intraday is 0.05% (Each Leg).
| Account Type | Bajaj Broking Freedom Plan | AxisDirect Standard Brokerage Plan |
|---|---|---|
| Fixed Charges | Free for 1st year | Rs.431/year thereafter | NA |
| Equity Delivery | Rs.20 per order | 0.50% (Each Leg) |
| Equity Intraday | Rs 20 per order | 0.05% (Each Leg) |
| Equity Futures | Rs 20 per order | 0.05% (Each Leg) |
| Equity Options | Rs 20 per order | Rs 20 Per Order |
| Currency Futures | 0.03% (Each Leg) | |
| Currency Options | Rs 20 Per Order | |
| Commodity Futures | 0.03% (Each Leg) | |
| Commodity Options | Rs 50 per lot | |
| Special Offer | Special Offer: Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Ā | Bajaj Broking | AxisDirect |
|---|---|---|
| Account Type | Professional Pack | Standard Brokerage Plan |
| Fixed Charges | Rs 2500 per year | NA |
| Equity Delivery | Rs.10 per order | 0.50% (Each Leg) |
| Equity Intraday | Rs 10 per order | 0.05% (Each Leg) |
| Equity Futures | Rs 10 per order | 0.05% (Each Leg) |
| Equity Options | Rs 10 per order | Rs 20 Per Order |
| Currency Futures | 0.03% (Each Leg) | |
| Currency Options | Rs 20 Per Order | |
| Commodity Futures | 0.03% (Each Leg) | |
| Commodity Options | Rs 50 per lot | |
| Open Bajaj Broking Account | Open AxisDirect Account |
| Minimum Brokerage | Rs 25 per trade | |
| Other Charges | RMS Auto-Square off: Rs 20 per order | |
| Call & Trade Charges | Rs 20 per trade | Rs 20 per call (First 20 calls free for a month) |
| Open Bajaj Broking Account | Open AxisDirect Account |
Bajaj Broking 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.
| Ā | Bajaj Broking | 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 Broking Account | Open AxisDirect Account |
The trading platforms offered Bajaj Broking include Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.
| Ā | Bajaj Broking | AxisDirect |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform | DirectTrade, Axisdirect Web, Axisdirect Mobile |
| Intraday Square-off Time | 3:15 PM | 3:15 |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Bajaj Broking Account | Open AxisDirect Account |
Bajaj Broking is rated of 5 based on 17 customer reviews whereas AxisDirect is rated of 5 based on 89 customer reviews.
| Ā | Bajaj Broking | AxisDirect |
|---|---|---|
| Ā | 17 Customer Reviews Ā Ā Ā  | 89 Customer Reviews Ā Ā Ā |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating |  | |
| Broker Rating | Bajaj Broking is Rated 3.1 / 5 based on 17 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Ā | Bajaj Broking | AxisDirect |
|---|---|---|
| Contact Broker | Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. | Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Ā | Bajaj Broking | AxisDirect |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Ā | Bajaj Broking | AxisDirect |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Bajaj Broking Account | Open AxisDirect Account |
| Ā | Bajaj Broking | AxisDirect |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Ā | Bajaj Broking | AxisDirect |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | ||
| Promo / Offers | Bajaj Broking Special OfferFreedom Plus Pack (Lifetime AMC Free)
This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you. | AxisDirect Special OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! |
| Open Bajaj Broking Account | Open AxisDirect Account |
Expand all
Open Bajaj Broking Account