ICICIdirect Vs Bajaj Financial (Compare ICICIdirect and Bajaj Financial)

ICICIdirect Vs Bajaj Financial

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India.

	ICICIdirect	Bajaj Financial
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE
Year of Incorporation	2000	2010
Number of Branches	154	6
		Open Bajaj Financial Account

ICICIdirect Vs Bajaj Financial Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while Bajaj Financial account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is For Individual account: Rs. 700 p.a. and Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year).

	ICICIdirect	Bajaj Financial
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 899 per year
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	For Individual account: Rs. 700 p.a.	Rs 199 (Free for 1st year)

ICICIdirect Vs Bajaj Financial Brokerage

ICICIdirect brokerage charges for equity is 0.29% and intraday is 0.029% whereas Bajaj Financial brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order.

Account Type	ICICIdirect ICICI Direct Moneysaver Plan	Bajaj Financial Freedom Plan
Fixed Charges	NA	Rs 431 per year
Equity Delivery	0.29%	Rs 0 (Free)
Equity Intraday	0.029%	Rs 20 per order
Equity Futures	0.029%	Rs 20 per order
Equity Options	Rs 49 per lot	Rs 20 per order
Currency Futures	Rs 20 per order
Currency Options	Rs 20 per order
Commodity Futures	Rs 20 per order
Commodity Options	Rs 20 per order
Special Offer	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.	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.

ICICIdirect Vs Bajaj Financial Brokerage Plan 2

	ICICIdirect	Bajaj Financial
Account Type	Prime Plan - 299	Professional Pack
Fixed Charges	Rs 299 yearly	Rs 2500 per year
Equity Delivery	0.25%	Rs 0 (Free)
Equity Intraday	0.025%	Rs 10 per order
Equity Futures	0.025%	Rs 10 per order
Equity Options	Rs 49 per lot	Rs 10 per order
Currency Futures	Rs 20 per order
Currency Options	Rs 20 per order
Commodity Futures	Rs 20 per lot
Commodity Options	Rs 20 per lot
		Open Bajaj Financial Account

ICICIdirect Vs Bajaj Financial Brokerage Plan 3

	ICICIdirect	Bajaj Financial
Account Type	Prime Plan - 9999	Freedom Plan
Fixed Charges	Rs 9999 one time	Rs 431 per year
Equity Delivery	0.07%	Rs 0 (Free)
Equity Intraday	0.007%	Rs 20 per order
Equity Futures	0.007%	Rs 20 per order
Equity Options	Rs 9 per lot	Rs 20 per order
Currency Futures	Rs 20 per order
Currency Options	Rs 20 per order
Commodity Futures	Rs 20 per lot
Commodity Options	Rs 20 per lot
		Open Bajaj Financial Account

ICICIdirect Charges Vs Bajaj Financial

Minimum Brokerage	No minimum brokerage (Moneysaver Plan)	Rs 5 per executed order
Other Charges	Daily MTF Interest Rates: 0.049% | Yearly Margin Trading Interest: 17.99%	RMS Auto-Square off: Rs 20 per order
Call & Trade Charges	Rs 50 per trade	Rs 20 per trade
		Open Bajaj Financial Account

ICICIdirect Vs Bajaj Financial Leverage (Margin)

ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Bajaj Financial margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	ICICIdirect	Bajaj Financial
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

Compare ICICIdirect and Bajaj Financial Features

The trading platforms offered ICICIdirect include ICICI Direct.com (website), ICICI Direct Mobile App. Bajaj Financial offers BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) trading software.

	ICICIdirect	Bajaj Financial
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ICICI Direct.com (website), ICICI Direct Mobile App	BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)
Intraday Square-off Time	3:15 PM	3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Daily, monthly and yearly free research recommendations, 100% limit in shares as margin
		Open Bajaj Financial Account

ICICIdirect Vs Bajaj Financial Review

ICICIdirect is rated of 5 based on 484 customer reviews whereas Bajaj Financial is rated of 5 based on 16 customer reviews.

	ICICIdirect	Bajaj Financial
	484 Customer Reviews	16 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	ICICIdirect is Rated 2.3 / 5 based on 484 customer reviews	Bajaj Financial is Rated 3.0 / 5 based on 16 customer reviews

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ICICIdirect Vs Bajaj Financial Investment Options

	ICICIdirect	Bajaj Financial
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

ICICIdirect Vs Bajaj Financial Order Type Offered

	ICICIdirect	Bajaj Financial
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

ICICIdirect Vs Bajaj Financial Suitable For Investor Type

	ICICIdirect	Bajaj Financial
Casual Investor
Active Investor
Trader

ICICIdirect Vs Bajaj Financial - Pros and Cons

	ICICIdirect	Bajaj Financial
Pros	Offers 3-in-1 account which makes seamlessand instant fund transfers between bank and trading account. Wide range of investment options available under one portal. Enables curation of watchlist and has 4.8 (App Store) rated mobile app. GTC (good till cancellation) and off-market hours order placement facility is very useful.
Cons	Demat Account is mandatory.
Reviews
Promo / Offers	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Bajaj Financial Special Offer Freedom Plus Pack (Lifetime AMC Free) Account Opening: FREE Equity Delivery Brokerage: FREE Intraday & F&O Brokerage: Rs 20/trade Rs 199 Demat AMC This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you.
		Open Bajaj Financial Account