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...
About Anand Rathi
Incorporated in 1994, Anand Rathi is one of the leading financial and investment service providers in India. Anand Rathi is a full-service broker. It offers a wide range of investment services including broking services for equities, commodities, IPOs, currency, derivatives, structure products, bonds and smart baskets.
Anand Rathi also offers insurance, corporate deposits and loans, portfolio management, research and advisory, margin funding, loan against shares, etc. There are no charges on ad...
Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India.
Bajaj Financial | Anand Rathi | |
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Type of Broker | Discount Broker | Full Service Broker |
Exchnage Membership | BSE, NSE | NSE, BSE, MCX, & NCDEX |
Year of Incorporation | 2010 | 1994 |
Number of Branches | 6 | 1200 |
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Bajaj Financial trading account opening charges is Rs 0 (Free) while Anand Rathi account opening changes is Rs 0 (Free). Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and Anand Rathi Demat Account AMC Charges is 450 + GST 18% = 532 (1st year free).
Bajaj Financial | Anand Rathi | |
---|---|---|
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) | 450 + GST 18% = 532 (1st year free) |
Bajaj Financial brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order whereas Anand Rathi brokerage charges for equity is 0.20% and intraday is 0.02%.
Account Type | Bajaj Financial Freedom Plan | Anand Rathi Standard Plan |
---|---|---|
Fixed Charges | Rs 431 per year | NA |
Equity Delivery | Rs 0 (Free) | 0.20% |
Equity Intraday | Rs 20 per order | 0.02% |
Equity Futures | Rs 20 per order | 0.02% |
Equity Options | Rs 20 per order | Rs 50 per lot |
Currency Futures | 0.02% | |
Currency Options | Rs 20 per lot | |
Commodity Futures | 0.02% | |
Commodity Options | Rs 100 per lot | |
Special Offer | Special Offer: Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account. | 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 | Anand Rathi | |
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Account Type | Professional Pack | Standard Plan |
Fixed Charges | Rs 2500 per year | NA |
Equity Delivery | Rs 0 (Free) | 0.20% |
Equity Intraday | Rs 10 per order | 0.02% |
Equity Futures | Rs 10 per order | 0.02% |
Equity Options | Rs 10 per order | Rs 50 per lot |
Currency Futures | 0.02% | |
Currency Options | Rs 20 per lot | |
Commodity Futures | 0.02% | |
Commodity Options | Rs 100 per lot | |
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Minimum Brokerage | Rs 5 per executed order | Rs 25 |
Other Charges | RMS Auto-Square off: Rs 20 per order | |
Call & Trade Charges | Rs 20 per trade | Rs 0 (Free) |
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Bajaj Financial margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Anand Rathi margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Bajaj Financial | Anand Rathi | |
---|---|---|
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) |
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The trading platforms offered Bajaj Financial include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). Anand Rathi offers TradeMobi, Trade Xpress+ and Tr@de X’pro trading software.
Bajaj Financial | Anand Rathi | |
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3 in 1 Account | ![]() | ![]() |
Automated Trading | ![]() | ![]() |
Margin Trading Funding | ![]() | ![]() |
Margin Against Shares (Equity Cash) | ![]() | ![]() |
Margin Against Shares (Equity F&O) | ![]() | ![]() |
Trading Platform | BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) | TradeMobi, Trade Xpress+ and Tr@de X’pro |
Intraday Square-off Time | 3:15 PM | 3:15 PM |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | ||
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Bajaj Financial is rated of 5 based on 16 customer reviews whereas Anand Rathi is rated of 5 based on 18 customer reviews.
Bajaj Financial | Anand Rathi | |
---|---|---|
Contact Broker | Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account. | 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 | Anand Rathi | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
Bajaj Financial | Anand Rathi | |
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Bracket Order | ![]() | ![]() |
Cover Order | ![]() | ![]() |
Buy Today Sell Tomorrow (BTST) | ![]() | ![]() |
Sell Today Buy Tomorrow (STBT) | ![]() | ![]() |
After Market Order (AMO) | ![]() | ![]() |
Good Till Cancelled (GTC) | ![]() | ![]() |
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Bajaj Financial | Anand Rathi | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
Bajaj Financial | Anand Rathi | |
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Cons |
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Promo / Offers | Bajaj Financial 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. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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