Angel One and Bajaj Broking are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Angel One is listed as a Public Full Service , established in 1987 and headquartered in Mumbai, while Bajaj Broking is listed as a Public Discount Broker , established in 2010 and headquartered in Pune, Maharashtra.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Angel One or Bajaj Broking is a better fit for your investment style, platform preference, and budget.
Angel One is listed as a Public Full Service established in 1987 with headquarters in Mumbai and founded by Dinesh Agarwal. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading, desktop terminal access and algo trading support and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. It follows a i-trade Prime brokerage structure.
Bajaj Broking is listed as a Public Discount Broker established in 2010 with headquarters in Pune, Maharashtra and founded by Jamnalal Bajaj. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and mutual funds using mobile app access, web trading, desktop terminal access and algo trading support and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. Its brokerage model is structured as Freedom Pack, Professional Pack, Signature Pack.
Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.
Angel One vs Bajaj Broking — A Comprehensive Company Overview
| Company Overview | Angel One | Bajaj Broking |
|---|---|---|
| Company Type | Public | Public |
| Broker Type | Full Service | Discount Broker |
| Headquarters | Mumbai | Pune, Maharashtra |
| Founder | Dinesh Agarwal | Jamnalal Bajaj |
| Establishment Year | 1987 | 2010 |
| Brokerage Plan | i-trade Prime | Freedom Pack, Professional Pack, Signature Pack |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Angel One and Bajaj Broking.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Angel One charges Free while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).
Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).
Equity futures: This charge applies to futures contracts on stocks and indices. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).
Equity options: This charge applies to equity option contracts. Angel One charges Rs.20 per Trade while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).
Commodity options: This charge applies to option contracts on commodity instruments. Angel One charges Rs.20 per Trade while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).
Currency futures: This charge allows participation in forex price movements on the exchange. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) . Bajaj Broking does not currently list a charge for this segment.
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Angel One charges Rs.20 per Trade . Bajaj Broking does not currently list a charge for this segment.
Angel One vs Bajaj Broking — Detailed Brokerage Comparison
| Brokerage | Angel One | Bajaj Broking |
|---|---|---|
| Brokerage Plan | i-trade Prime | Freedom Pack, Professional Pack, Signature Pack |
| Subscription Charges | Zero | Freedom: free for 1st year, then ₹431 per year | Professional: ₹2,500 per year |
| Equity Delivery | Free | Starting ₹10 per order (Freedom Pack ₹20) |
| Equity Intraday | Rs.20 per Trade or 0.25% (whichever is low) | Starting ₹10 per order (Freedom Pack ₹20) |
| Equity Future | Rs.20 per Trade or 0.25% (whichever is low) | Starting ₹10 per order (Freedom Pack ₹20) |
| Equity Option | Rs.20 per Trade | Starting ₹10 per order (Freedom Pack ₹20) |
| Commodity Future | Rs.20 per Trade or 0.25% (whichever is low) | Starting ₹10 per order (Freedom Pack ₹20) |
| Commodity Option | Rs.20 per Trade | Starting ₹10 per order (Freedom Pack ₹20) |
| Currency Future | Rs.20 per Trade or 0.25% (whichever is low) | N/A |
| Currency Option | Rs.20 per Trade | N/A |
Angel One provides mobile app access, web trading, desktop terminal access and algo trading support for order placement, portfolio tracking, and market monitoring. Bajaj Broking provides mobile app access, web trading, desktop terminal access and algo trading support for its users.
Android app: Angel One and Bajaj Broking both list an Android trading app.
iOS app: Angel One and Bajaj Broking both list an iOS trading app.
Web trading platform: Angel One and Bajaj Broking both list a web trading platform.
Desktop trading terminal: Angel One and Bajaj Broking both list a desktop trading terminal.
Algo trading: Angel One and Bajaj Broking both list algo trading support.
Basket trading: Angel One lists basket trading, while Bajaj Broking does not currently mention it.
Foreign stocks platform: Angel One lists foreign stocks access, while Bajaj Broking does not currently mention it.
Mutual fund platform: Angel One and Bajaj Broking both list a mutual fund investment platform.
Digital gold platform: Neither broker currently highlights digital gold investing.
Bonds platform: Bajaj Broking lists a bonds investment platform, while Angel One does not currently mention it.
Angel One vs Bajaj Broking — Complete Comparison of Trading Platforms
| Trading Platform | Angel One | Bajaj Broking |
|---|---|---|
| Android App | Angel One Android App Link | Yes |
| iOS App | Angel One iOS App Link | Yes |
| Web Trading Platform | Angel One Web Trading Link | Yes |
| Trading Terminal | Available | Yes |
| Algo Trading Platform | Available | Yes |
| Foreign Stocks Platform | Available | N/A |
| Basket Trading Platform | Available | N/A |
| Mutual Fund Platform | Available | Yes |
| Digital Gold Platform | No | N/A |
| Bonds Platform | No | Yes |
Angel One highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking, while Bajaj Broking promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. The table below shows the full feature set for both brokers side by side.
Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both Angel One and Bajaj Broking offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Angel One and Bajaj Broking offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Angel One and Bajaj Broking offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Angel One and Bajaj Broking offer this feature.
Research reports: A comprehensive overview of different stocks and sectors in the stock market. Both Angel One and Bajaj Broking offer this feature.
Global indices: Real-time data on leading global stock market indices. Angel One offers this; Bajaj Broking does not currently highlight it.
Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Angel One offers this; Bajaj Broking does not currently highlight it.
Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Both Angel One and Bajaj Broking offer this feature.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Angel One and Bajaj Broking offer this feature.
Live market: Live updates on market movements and trends. Both Angel One and Bajaj Broking offer this feature.
Multi profile management: Manage multiple trading profiles from a single account. Angel One offers this; Bajaj Broking does not currently highlight it.
Secure platform: A secure trading environment with next-generation security controls. Angel One offers this; Bajaj Broking does not currently highlight it.
Angel One vs Bajaj Broking — Comprehensive Comparison of Trading Features
| Trading Feature | Angel One | Bajaj Broking |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | Yes | Yes |
| Global Indices | Yes | N/A |
| Customised Recommendations | Yes | N/A |
| Stock Tips | Yes | Yes |
| Interactive Charts | Yes | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | Yes | N/A |
| Robust & Secure Platform | Yes | N/A |
Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Angel One and Bajaj Broking.
Free account opening: Bajaj Broking lists free account opening, while Angel One does not currently mention it.
Free AMC: Angel One and Bajaj Broking both list free Demat AMC.
Free brokerage: Angel One lists free brokerage, while Bajaj Broking does not currently mention it.
Flat brokerage: Angel One and Bajaj Broking both list flat brokerage pricing.
Flexible brokerage plans: Bajaj Broking lists flexible brokerage plans, while Angel One does not currently mention it.
Happy trading hours: Neither broker currently highlights happy trading hours.
Free delivery trading: Angel One lists free delivery trading, while Bajaj Broking does not currently mention it.
Free intraday trading: Neither broker currently highlights free intraday trading.
Free F&O trading: Neither broker currently highlights free F&O trading.
Free research reports: Angel One lists free research reports, while Bajaj Broking does not currently mention it.
Free trading calls: Angel One and Bajaj Broking both list free trading calls.
Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.
Referral offers: Angel One offers Upto Rs.1000 Gift Vouchers per Client for referrals; Bajaj Broking does not currently list a referral offer.
Angel One vs Bajaj Broking — Comparison of Latest Offers
| Offer | Angel One | Bajaj Broking |
|---|---|---|
| Free Account Opening | No | Yes |
| Free AMC | 1st Year Free | Yes |
| Free Brokerage | Yes, Limited | No |
| Flat Brokerage | Yes | Yes |
| Flexible Brokerage Plans | No | Yes |
| Happy Trading Hours | No | N/A |
| Free Delivery Trading | Yes | N/A |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | Yes | N/A |
| Free Trading Calls | Yes | Yes |
| Referral Offers | Upto Rs.1000 Gift Vouchers per Client | N/A |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | N/A |
| Zero Brokerage for Loss-Making Trades | No | N/A |
Product availability determines whether a broker can support your preferred markets. Angel One highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while Bajaj Broking highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and mutual funds.
The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures, currency options, foreign stocks, mutual funds, insurance, corporate bonds and bonds.
Angel One vs Bajaj Broking — Complete Comparison of Products
| Product | Angel One | Bajaj Broking |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | Yes |
| Commodity Future | Yes | Yes |
| Currency Option | Yes | N/A |
| Currency Future | Yes | N/A |
| Foreign Stocks | Yes | N/A |
| Mutual Funds | Yes | Yes |
| Banking | No | No |
| Insurance | Yes | No |
| Corporate Bonds | No | Yes |
| Government Bonds | No | N/A |
| Digital Gold | No | N/A |
Demat services: Angel One and Bajaj Broking both list Demat services.
Trading services: Angel One and Bajaj Broking both list trading services.
Intraday services: Angel One and Bajaj Broking both list intraday trading services.
F&O services: Angel One and Bajaj Broking both list F&O services.
IPO services: Angel One and Bajaj Broking both list IPO services.
3-in-1 account: Neither broker currently highlights 3-in-1 account support.
Stock research: Angel One and Bajaj Broking both list stock research.
Stock recommendations: Angel One lists stock recommendations, while Bajaj Broking does not currently mention it.
Trading education: Angel One lists trading education, while Bajaj Broking does not currently mention it.
Share pledging: Angel One and Bajaj Broking both list share pledging.
PMS or PCG: Angel One and Bajaj Broking both list PMS or PCG support.
NRI services: Angel One and Bajaj Broking both list NRI services.
Angel One provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while Bajaj Broking offers Demat services, trading services, intraday trading, F&O trading, IPO access and stock research.
Angel One vs Bajaj Broking — In-Depth Comparison of Services
| Service | Angel One | Bajaj Broking |
|---|---|---|
| Demat Services | Yes | Yes |
| Trading Services | Yes | Yes |
| Intraday Services | Yes | Yes |
| F&O Services | Yes | Yes |
| IPO Services | Yes | Yes |
| 3-in-1 Account | No | No |
| Stock Research | Yes | Yes |
| Stock Recommendations | Yes | N/A |
| Trading Education | Yes, Smart Money | N/A |
| Share Pledging | Yes | Yes |
| PMS or PCG | Yes | Yes |
| NRI Services | Yes | Yes |
Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Angel One and Bajaj Broking.
Angel One and Bajaj Broking — Detailed Comparison of Advisory Services
| Advisory | Angel One | Bajaj Broking |
|---|---|---|
| Fundamental Reports | Yes | N/A |
| Research Reports | Yes | Yes |
| Company Reports | Yes | N/A |
| Annual Reports | Yes | N/A |
| IPO Reports | Yes | N/A |
| Technical Reports | Yes | N/A |
| Stock Tips | Yes | Yes |
| Daily Top Stock Picks | Yes | N/A |
| Daily Market Review | Yes | Yes |
| Monthly Review | Yes | N/A |
| Weekly Review | Yes | N/A |
| Relationship Manager | Yes | N/A |
| Robo Advisory | Yes | N/A |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Angel One and Bajaj Broking across different segments.
Angel One and Bajaj Broking — Comprehensive Comparison of Trading Exposure
| Exposure | Angel One | Bajaj Broking |
|---|---|---|
| Equity Delivery | 1x | 1x (MTF up to 3.5x in selected stocks) |
| Equity Intraday | Upto 5x (Depends on Stocks) | Up to 5x |
| Equity F&O Carry Forward | 1x | 1x (no additional margin) |
| Equity F&O Intraday | 1.3x | 1.3x |
| Commodity F&O Carry Forward | 1x | 1x (no additional margin) |
| Commodity F&O Intraday | 1.3x | 1.3x |
| Currency F&O | 1x | N/A |
Angel One lists a sub-broker program, while Bajaj Broking does not currently mention it. Angel One lists a partner program, while Bajaj Broking does not currently mention it. Angel One lists a referral program, while Bajaj Broking does not currently mention it.
Angel One vs Bajaj Broking — Comparative Analysis of Programs
| Program | Angel One | Bajaj Broking |
|---|---|---|
| Sub-Broker Program | Yes | N/A |
| Partner Program | Yes, Angel DRA | N/A |
| Referral Program | Yes | N/A |
Angel One provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Bajaj Broking provides support through trading desk support, call support, email support and website support. Angel One operates Available branches. Bajaj Broking operates Head office: 4th Floor, Bajaj Finserv House, Off Pune–Ahmednagar Road, Viman Nagar, Pune – 411014, Maharashtra branches.
Angel One and Bajaj Broking — Comprehensive Comparison of Customer Support
| Support Channel | Angel One | Bajaj Broking |
|---|---|---|
| Trading Support | Available, Chargeable | Yes |
| Dedicated Dealer | Available, Chargeable | N/A |
| Call Support | 8047480048 | Yes (1800-833-8888) |
| Email Support | [email protected] | Yes ([email protected]) |
| WhatsApp Support | NA | N/A |
| Website Support | Website Link | Yes (https://www.bajajbroking.in/knowledge-center) |
| Facebook Support | Facebook Support Link | — |
| Twitter / X Support | Twitter Support Link | — |
| Telegram Support | Telegram Support Link | — |
| Branches / Offices | Available | Head office: 4th Floor, Bajaj Finserv House, Off Pune–Ahmednagar Road, Viman Nagar, Pune – 411014, Maharashtra |
Both brokers have been evaluated across key parameters to help investors make an informed comparison. Angel One carries an overall rating of 9.70 / 10, while Bajaj Broking carries an overall rating of 3.6 / 5.
Angel One vs Bajaj Broking — Ratings Comparison
| Rating Parameter | Angel One | Bajaj Broking |
|---|---|---|
| Overall Rating | 9.70 / 10 | 3.6 / 5 |
| Customer Support | 9.66 / 10 | 3.5 / 5 |
| Technology | 9.82 / 10 | 3.5 / 5 |
| Charges | 9.74 / 10 | 3.5 / 5 |
| Products & Services | 9.64 / 10 | 4.0 / 5 |
| Experience | 9.62 / 10 | N/A |
SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.
Angel One & Bajaj Broking — Comparison of Customer Complaints
| Complaint Metric | Angel One | Bajaj Broking |
|---|---|---|
| Total Complaints Lodged | 554 | 34 (NSE, FY 2026-27, against 65,587 active clients) |
| Total Complaints Resolved | 457 | N/A |
| % of Resolved Complaints | 82.49% | N/A |
| Non-Actionable Complaints | 57 | N/A |
| % of Non-Actionable Complaints | 10.29% | N/A |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Angel One and Bajaj Broking.
Angel One vs Bajaj Broking — Detailed Comparison of Transaction Charges
| Transaction Charges | Angel One | Bajaj Broking |
|---|---|---|
| Equity Delivery | 0.00325% (NSE) & As per Stock (BSE) | NSE 0.00345% | BSE varies by scrip group |
| Equity Intraday | 0.00325% (NSE) & As per Stock (BSE) | NSE 0.00345% | BSE varies by scrip group |
| Equity Future | 0.0019% (NSE & BSE) | NSE 0.002% | BSE Nil or 0.05% of traded value |
| Equity Option | 0.05% (on premium) | NSE 0.053% on premium | BSE Nil or 0.05% of traded value |
| Commodity Future | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) | N/A |
| Commodity Option | 0.05% (Non Agri) | N/A |
| Currency Future | 0.0009% (NSE) & 0.00022% (BSE) | N/A |
| Currency Option | 0.035% (NSE) & 0.001% (BSE) | N/A |
Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.
Angel One & Bajaj Broking — Comprehensive Comparison of Pledge Charges
| Pledge Charge | Angel One | Bajaj Broking |
|---|---|---|
| Pledge Creation Charges | Rs.20 per Request | ₹40 + GST |
| Pledge Invocation Charges | Rs.50 per Request | ₹50 + GST per ISIN |
| Margin Trading Interest | 0.049% per day | 14.99% p.a. (Freedom) | 11.99% p.a. (Professional) |
Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.
Angel One and Bajaj Broking — Detailed Comparison of Hidden / Other Charges
| Charge | Angel One | Bajaj Broking |
|---|---|---|
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) | ₹10 per crore (0.0001%) |
| DP Charges | Rs.13.5 per Scrip only on Sell | ₹30 per ISIN per debit transaction |
| GST | 18% on (Brokerage + SEBI + Transaction charges) | 18% on brokerage, transaction charges and SEBI fees |
| Account Closure Charges | Free | N/A |
| Reactivation Charges | Free | N/A |
| Dematerialisation Charges | Rs.50 per Certificate | ₹100 per request + ₹100 per certificate + GST |
| Call & Trade Charges | Rs.20 per Trade | ₹20 + GST per executed order |
Angel One lists account opening charges of Free and Demat AMC of Rs.240 per Year + GST (1st Year Free). Bajaj Broking lists account opening charges of ₹0 and Demat AMC of ₹0.
Angel One vs Bajaj Broking — Detailed Comparison of Demat Charges
| Demat Charges | Angel One | Bajaj Broking |
|---|---|---|
| Account Opening Charges | Free | ₹0 |
| Annual Maintenance Charges (AMC) | Rs.240 per Year + GST (1st Year Free) | ₹0 |
Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.
Angel One vs Bajaj Broking — Comparative Analysis of STT and CTT Charges
| STT & CTT | Angel One | Bajaj Broking |
|---|---|---|
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy and sell |
| Equity Intraday | 0.025% on sell | 0.025% on sell side |
| Equity Future | 0.0125% on sell | 0.05% on sell side |
| Equity Option | 0.0625% on sell (on premium) | 0.15% of premium on sell side |
| Commodity Future | 0.01% on sell (Non-Agri) | 0.01% on sell side (non-agri) |
| Commodity Option | 0.05% on sell | 0.01% on sell side (non-agri) |
| Currency Future | Nil | No STT |
| Currency Option | Nil | No STT |
Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.
Angel One and Bajaj Broking — Comparison of Stamp Duty Charges
| Stamp Duty | Angel One | Bajaj Broking |
|---|---|---|
| Equity Delivery | 0.015% on buy | 0.015% (buy side) |
| Equity Intraday | 0.003% on buy | 0.003% (buy side) |
| Equity Future | 0.002% on buy | 0.002% (buy side) |
| Equity Option | 0.003% on buy | 0.003% (buy side) |
| Commodity Future | 0.002% on buy | 0.002% (buy side) |
| Commodity Option | 0.003% on buy | 0.003% (buy side) |
| Currency Future | 0.0001% on buy | 0.0001% (buy side) |
| Currency Option | 0.003% on buy | 0.0001% (buy side) |