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 Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox tra...
Incorporated in 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.
| Bajaj Broking | Upstox | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
| Year of Incorporation | 2010 | 2012 |
| Number of Branches | 47 | 4 |
| Open Bajaj Broking Account | Open Upstox Account |
Bajaj Broking trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 0 (Free). Bajaj Broking Demat Account AMC Charges is Rs 0 (Free) and Upstox Demat Account AMC Charges is Rs 150.
| Bajaj Broking | Upstox | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 0 (Free) | Rs 150 |
Bajaj Broking brokerage charges for equity is Rs.20 per order and intraday is Rs 20 per order whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.
| Account Type | Bajaj Broking Freedom Plan | Upstox Default |
|---|---|---|
| Fixed Charges | Free for 1st year | Rs.431/year thereafter | NA |
| Equity Delivery | Rs.20 per order | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | Rs 20 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 20 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | Rs 20 per order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or 0.05% whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| 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: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
| Bajaj Broking | Upstox | |
|---|---|---|
| Account Type | Professional Pack | Default |
| Fixed Charges | Rs 2500 per year | NA |
| Equity Delivery | Rs.10 per order | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or 0.05% whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Open Bajaj Broking Account | Open Upstox Account |
| Minimum Brokerage | 0.05% | |
| Other Charges | RMS Auto-Square off: Rs 20 per order | Auto Square-off Charges: Rs 50 |
| Call & Trade Charges | Rs 20 per trade | Rs 20 per trade |
| Open Bajaj Broking Account | Open Upstox Account |
Bajaj Broking margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Bajaj Broking | Upstox | |
|---|---|---|
| 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 Upstox Account |
The trading platforms offered Bajaj Broking include Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.
| Bajaj Broking | Upstox | |
|---|---|---|
| 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 | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola |
| Intraday Square-off Time | 3:15 PM | 3:00 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Option strategy builder | |
| Open Bajaj Broking Account | Open Upstox Account |
Bajaj Broking is rated of 5 based on 17 customer reviews whereas Upstox is rated of 5 based on 150 customer reviews.
| Bajaj Broking | Upstox | |
|---|---|---|
17 Customer Reviews  | 150 Customer Reviews | |
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| Broker Rating | Bajaj Broking is Rated 3.1 / 5 based on 17 customer reviews | Upstox is Rated 2.4 / 5 based on 150 customer reviews |
| Bajaj Broking | Upstox | |
|---|---|---|
| Contact Broker | Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. | Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
| Bajaj Broking | Upstox | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Bajaj Broking | Upstox | |
|---|---|---|
| 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 Upstox Account |
| Bajaj Broking | Upstox | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Bajaj Broking | Upstox | |
|---|---|---|
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| 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. | Upstox Special OfferExclusive offer by Upstox
It is a limited-time offer. Open Instant Account and start trading the same day. |
| Open Bajaj Broking Account | Open Upstox Account |
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