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 Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company.
The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and ...
Incorporated in 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 branches across India. Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India.
| Bajaj Broking | Fyers | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
| Year of Incorporation | 2010 | 2015 |
| Number of Branches | 47 | 2 |
| Open Bajaj Broking Account | Open Fyers Account |
Bajaj Broking trading account opening charges is Rs 0 (Free) while Fyers account opening changes is Rs 0 (Free). Bajaj Broking Demat Account AMC Charges is Rs 0 (Free) and Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime).
| Bajaj Broking | Fyers | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free AMC for Lifetime) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 0 (Free) | Rs 0 (Free AMC for Lifetime) |
Bajaj Broking brokerage charges for equity is Rs.20 per order and intraday is Rs 20 per order whereas Fyers brokerage charges for equity is 0.03% or Rs 20, whichever is lower and intraday is 0.03% or Rs 20, whichever is lower.
| Account Type | Bajaj Broking Freedom Plan | Fyers Flat Fee Brokerage Plan |
|---|---|---|
| Fixed Charges | Free for 1st year | Rs.431/year thereafter | NA |
| Equity Delivery | Rs.20 per order | 0.03% or Rs 20, whichever is lower |
| Equity Intraday | Rs 20 per order | 0.03% or Rs 20, whichever is lower |
| Equity Futures | Rs 20 per order | 0.03% or Rs 20, whichever is lower |
| Equity Options | Rs 20 per order | Rs 20 per executed order |
| Currency Futures | 0.03% or Rs 20, whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | 0.03% or Rs 20, 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: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. |
| Bajaj Broking | Fyers | |
|---|---|---|
| Account Type | Professional Pack | Flat Fee Brokerage Plan |
| Fixed Charges | Rs 2500 per year | NA |
| Equity Delivery | Rs.10 per order | 0.03% or Rs 20, whichever is lower |
| Equity Intraday | Rs 10 per order | 0.03% or Rs 20, whichever is lower |
| Equity Futures | Rs 10 per order | 0.03% or Rs 20, whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | 0.03% or Rs 20, whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Open Bajaj Broking Account | Open Fyers Account |
| Minimum Brokerage | Intra-day: 0.03% or Rs 20, whichever is lower | |
| Other Charges | RMS Auto-Square off: Rs 20 per order | Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery) |
| Call & Trade Charges | Rs 20 per trade | Rs 50 per trade |
| Open Bajaj Broking Account | Open Fyers Account |
Bajaj Broking margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Fyers margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Bajaj Broking | Fyers | |
|---|---|---|
| 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 Fyers Account |
The trading platforms offered Bajaj Broking include Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform. Fyers offers Fyers App, Fyers Web, Fyers Next trading software.
| Bajaj Broking | Fyers | |
|---|---|---|
| 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 | Fyers App, Fyers Web, Fyers Next |
| Intraday Square-off Time | 3:15 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | API Trading, Algo Trading and Insta Options is available, which is designed for options traders. | |
| Open Bajaj Broking Account | Open Fyers Account |
Bajaj Broking is rated of 5 based on 17 customer reviews whereas Fyers is rated of 5 based on 38 customer reviews.
| Bajaj Broking | Fyers | |
|---|---|---|
17 Customer Reviews  | 38 Customer Reviews | |
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| Research Capabilities |  |  |
| Overall Rating |  | |
| Broker Rating | Bajaj Broking is Rated 3.1 / 5 based on 17 customer reviews | Fyers is Rated 3.0 / 5 based on 38 customer reviews |
| Bajaj Broking | Fyers | |
|---|---|---|
| Contact Broker | Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. |
| Bajaj Broking | Fyers | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Bajaj Broking | Fyers | |
|---|---|---|
| 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 Fyers Account |
| Bajaj Broking | Fyers | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Bajaj Broking | Fyers | |
|---|---|---|
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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. | Fyers Special OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
| Open Bajaj Broking Account | Open Fyers Account |
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