ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstock
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 Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to create wealth, and Dhan is committed to providing these options.
Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL as well as NSE, BSE and MCX stock exchanges. Dhan offers a variety of products including Stocks, ETFs, Options, Futures and Commoditi...
Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
| Bajaj Financial | Dhan | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
| Year of Incorporation | 2010 | 2021 |
| Number of Branches | 6 | 1 |
| Open Bajaj Financial Account |
Bajaj Financial trading account opening charges is Rs 0 (Free) while Dhan account opening changes is Rs 0 (Free). Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and Dhan Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).
| Bajaj Financial | Dhan | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 899 per year | ₹0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 199 (Free for 1st year) | ₹0 (Lifetime Zero AMC) |
Bajaj Financial brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.
| Account Type | Bajaj Financial Freedom Plan | Dhan Flat Rate Plan |
|---|---|---|
| Fixed Charges | Rs 431 per year | Rs 0 or Nill |
| Equity Delivery | Rs 0 (Free) | Rs. 0 |
| Equity Intraday | Rs 20 per order | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Futures | Rs 20 per order | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Options | Rs 20 per order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or 0.03% of trade value | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 or 0.03% of trade value, whichever is lower | |
| Commodity Options | Rs 20 per executed 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. | 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 | Dhan | |
|---|---|---|
| Account Type | Professional Pack | Flat Rate Plan |
| Fixed Charges | Rs 2500 per year | Rs 0 or Nill |
| Equity Delivery | Rs 0 (Free) | Rs. 0 |
| Equity Intraday | Rs 10 per order | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or 0.03% of trade value | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 or 0.03% of trade value, whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Open Bajaj Financial Account |
| Minimum Brokerage | Rs 5 per executed order | Rs 20 |
| Other Charges | RMS Auto-Square off: Rs 20 per order | |
| Call & Trade Charges | Rs 20 per trade | Rs 50 per order |
| 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 Dhan margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Bajaj Financial | Dhan | |
|---|---|---|
| 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). Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.
| Bajaj Financial | Dhan | |
|---|---|---|
| 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) | Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API |
| Intraday Square-off Time | 3:15 PM | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | APIs for Algo Trading, smallcases on Dhan | |
| Open Bajaj Financial Account |
Bajaj Financial is rated of 5 based on 16 customer reviews whereas Dhan is rated of 5 based on 29 customer reviews.
| Bajaj Financial | Dhan | |
|---|---|---|
16 Customer Reviews  | 29 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 | Dhan is Rated 3.1 / 5 based on 29 customer reviews |
| Bajaj Financial | Dhan | |
|---|---|---|
| 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 | Dhan | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Bajaj Financial | Dhan | |
|---|---|---|
| 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 | Dhan | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Bajaj Financial | Dhan | |
|---|---|---|
| Pros |
| |
| Cons |
| |
| Reviews | ||
| 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
