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 TradeSmart
TradeSmart is a Mumbai-based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmartFintech Securities Ltd, formerly registered as VNS Finance & Capital Services Ltd; is a traditional brokerage company incorporated in 1994 to offer brokerage services to Indian Stock, Commodity & Currency market investors and traders through franchisees and sub-brokers.
TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodi...
Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
Bajaj Financial | TradeSmart | |
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Type of Broker | Discount Broker | Discount Broker |
Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
Year of Incorporation | 2010 | 1994 |
Number of Branches | 6 | 1 |
Open Bajaj Financial Account | Open TradeSmart Account |
Bajaj Financial trading account opening charges is Rs 0 (Free) while TradeSmart account opening changes is Free. Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free).
Bajaj Financial | TradeSmart | |
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Trading Account Opening Charges | Rs 0 (Free) | Free |
Trading Account AMC Charges | Rs 899 per year | Rs 0 |
Demat Account Opening Charges | Rs 0 (Free) | Free |
Demat Account AMC Charges | Rs 199 (Free for 1st year) | Rs 300 (1st Year Free) |
Bajaj Financial brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order whereas TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order.
Account Type | Bajaj Financial Freedom Plan | TradeSmart Power Plan |
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Fixed Charges | Rs 431 per year | NA |
Equity Delivery | Rs 0 (Free) | Rs 15 per order |
Equity Intraday | Rs 20 per order | Rs 15 per order |
Equity Futures | Rs 20 per order | Rs 15 per order |
Equity Options | Rs 20 per order | Rs 15 per order |
Currency Futures | Rs 15 per order | |
Currency Options | Rs 15 per order | |
Commodity Futures | Rs 15 per order | |
Commodity Options | Rs 15 per order | |
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. | Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today. |
Bajaj Financial | TradeSmart | |
---|---|---|
Account Type | Professional Pack | Value Plan |
Fixed Charges | Rs 2500 per year | NA |
Equity Delivery | Rs 0 (Free) | 0.07% |
Equity Intraday | Rs 10 per order | 0.007% |
Equity Futures | Rs 10 per order | 0.007% |
Equity Options | Rs 10 per order | Rs 7 Per Lot |
Currency Futures | 0.007% | |
Currency Options | Rs 7 Per Lot | |
Commodity Futures | 0.007% | |
Commodity Options | Rs 7 Per Lot | |
Open Bajaj Financial Account | Open TradeSmart Account |
Minimum Brokerage | Rs 5 per executed order | Rs 15 per executed order |
Other Charges | RMS Auto-Square off: Rs 20 per order | Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order |
Call & Trade Charges | Rs 20 per trade | Rs 20 per executed order |
Open Bajaj Financial Account | Open TradeSmart Account |
Bajaj Financial margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the TradeSmart margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Bajaj Financial | TradeSmart | |
---|---|---|
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 | Open TradeSmart Account |
The trading platforms offered Bajaj Financial include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). TradeSmart offers Mobile trading app, Desktop trading application, Browser, APIs trading software.
Bajaj Financial | TradeSmart | |
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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) | Mobile trading app, Desktop trading application, Browser, APIs |
Intraday Square-off Time | 3:15 PM | Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | ||
Open Bajaj Financial Account | Open TradeSmart Account |
Bajaj Financial is rated of 5 based on 16 customer reviews whereas TradeSmart is rated of 5 based on 67 customer reviews.
Bajaj Financial | TradeSmart | |
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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. | Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today. |
Bajaj Financial | TradeSmart | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
Bajaj Financial | TradeSmart | |
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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) | ![]() | ![]() |
Open Bajaj Financial Account | Open TradeSmart Account |
Bajaj Financial | TradeSmart | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
Bajaj Financial | TradeSmart | |
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Reviews | Useful Articles:
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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. | TradeSmart Special OfferFlat Rs 15 per trade (FREE Account Opening)
This is a limited-time offer. Open Instant TradeSmart Account online and start trading today. |
Open Bajaj Financial Account | Open TradeSmart Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O