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 SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
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Incorporated in 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.
| Bajaj Broking | SBI Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE |
| Year of Incorporation | 2010 | 2001 |
| Number of Branches | 47 | 117 |
| Open Bajaj Broking Account |
Bajaj Broking trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 0. Bajaj Broking Demat Account AMC Charges is Rs 0 (Free) and SBI Securities Demat Account AMC Charges is Rs 0.
| Bajaj Broking | SBI Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 0 (Free) | Rs 0 |
Bajaj Broking brokerage charges for equity is Rs.20 per order and intraday is Rs 20 per order whereas SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order.
| Account Type | Bajaj Broking Freedom Plan | SBI Securities Suvidha |
|---|---|---|
| Fixed Charges | Free for 1st year | Rs.431/year thereafter | |
| Equity Delivery | Rs.20 per order | 0.50% |
| Equity Intraday | Rs 20 per order | Rs 20 per order |
| Equity Futures | Rs 20 per order | 0.05% |
| Equity Options | Rs 20 per order | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| 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. | 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 Broking | SBI Securities | |
|---|---|---|
| Account Type | Professional Pack | Suvidha |
| Fixed Charges | Rs 2500 per year | |
| Equity Delivery | Rs.10 per order | 0.50% |
| Equity Intraday | Rs 10 per order | Rs 20 per order |
| Equity Futures | Rs 10 per order | 0.05% |
| Equity Options | Rs 10 per order | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| Open Bajaj Broking Account |
| Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | |
| Other Charges | RMS Auto-Square off: Rs 20 per order | |
| Call & Trade Charges | Rs 20 per trade | Free |
| Open Bajaj Broking Account |
Bajaj Broking margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SBI Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Bajaj Broking | SBI Securities | |
|---|---|---|
| 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 |
The trading platforms offered Bajaj Broking include Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform. SBI Securities offers SBI Smart Web, SBI Smart Mobile trading software.
| Bajaj Broking | SBI Securities | |
|---|---|---|
| 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 | SBI Smart Web, SBI Smart Mobile |
| Intraday Square-off Time | 3:15 PM | 2:45 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Bajaj Broking Account |
Bajaj Broking is rated of 5 based on 17 customer reviews whereas SBI Securities is rated of 5 based on 165 customer reviews.
| Bajaj Broking | SBI Securities | |
|---|---|---|
17 Customer Reviews  | 165 Customer Reviews | |
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| Broker Rating | Bajaj Broking is Rated 3.1 / 5 based on 17 customer reviews | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews |
| Bajaj Broking | SBI Securities | |
|---|---|---|
| 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 (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Bajaj Broking | SBI Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Bajaj Broking | SBI Securities | |
|---|---|---|
| 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 |
| Bajaj Broking | SBI Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Bajaj Broking | SBI Securities | |
|---|---|---|
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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. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Bajaj Broking Account |
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Open Bajaj Broking Account