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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 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, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home ...
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 |
Bajaj Financial trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 0. Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year).
| Bajaj Financial | AxisDirect | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| 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 750 (free for 1st year) |
Bajaj Financial brokerage charges for equity is Rs 0 (Free) 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 Financial Freedom Plan | AxisDirect Standard Brokerage Plan |
|---|---|---|
| Fixed Charges | Rs 431 per year | NA |
| Equity Delivery | Rs 0 (Free) | 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: 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 | AxisDirect | |
|---|---|---|
| Account Type | Professional Pack | Standard Brokerage Plan |
| Fixed Charges | Rs 2500 per year | NA |
| Equity Delivery | Rs 0 (Free) | 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 Financial Account |
| Minimum Brokerage | Rs 5 per executed order | 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 Financial Account |
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 |
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 |  |  |
| 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) | 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 Financial Account |
Bajaj Financial is rated of 5 based on 16 customer reviews whereas AxisDirect is rated of 5 based on 89 customer reviews.
| Bajaj Financial | AxisDirect | |
|---|---|---|
16 Customer Reviews  | 89 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service | |  |
| Research Capabilities |  | |
| Overall Rating |  | |
| Broker Rating | Bajaj Financial is Rated 3.0 / 5 based on 16 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Bajaj Financial | AxisDirect | |
|---|---|---|
| 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 | AxisDirect | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Bajaj Financial | 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 Financial Account |
| Bajaj Financial | AxisDirect | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Bajaj Financial | AxisDirect | |
|---|---|---|
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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
|
| Open Bajaj Financial Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Bajaj Financial Account
