Bajaj Securities vs Axis Direct – Compare Charges, Trading Features, Offers & More

Bajaj Securities and Axis Direct are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Bajaj Securities is listed as a Public Discount Broker , established in 2010 and headquartered in Pune, while Axis Direct is listed as a Private Discount Broker , established in 2011 and headquartered in Mumbai.

This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Bajaj Securities or Axis Direct is a better fit for your investment style, platform preference, and budget.

Overview — Bajaj Securities vs. Axis Direct

Bajaj Securities is listed as a Public Discount Broker established in 2010 with headquarters in Pune and founded by Sanjiv Bajaj. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, foreign stocks, mutual funds and insurance through mobile app access and web trading and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts. It follows a Freedom Plan brokerage structure.

Axis Direct is listed as a Private Discount Broker established in 2011 with headquarters in Mumbai and founded by Arun Thukral. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and mutual funds using mobile app access, web trading and desktop terminal access and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and customised recommendations. Its brokerage model is structured as Standard Plan.

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.

Bajaj Securities vs Axis Direct — A Comprehensive Company Overview

Company Overview Bajaj Securities Axis Direct
Company TypePublicPrivate
Broker TypeDiscount BrokerDiscount Broker
HeadquartersPuneMumbai
FounderSanjiv BajajArun Thukral
Establishment Year20102011
Brokerage PlanFreedom PlanStandard Plan

Brokerage charges comparison — Bajaj Securities vs. Axis Direct

Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Bajaj Securities and Axis Direct.

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Bajaj Securities charges Rs.20 per Trade while Axis Direct charges 0.5% of Transaction Value.

Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Bajaj Securities charges Rs.20 per Trade while Axis Direct charges 0.05% of Transaction Value.

Equity futures: This charge applies to futures contracts on stocks and indices. Bajaj Securities charges Rs.20 per Trade while Axis Direct charges 0.05% of Transaction Value.

Equity options: This charge applies to equity option contracts. Bajaj Securities charges Rs.20 per Trade while Axis Direct charges Rs.10 per Trade.

Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Bajaj Securities charges N/A ; Axis Direct charges 0.05% of Transaction Value.

Commodity options: This charge applies to option contracts on commodity instruments. Bajaj Securities charges N/A ; Axis Direct charges Rs.10 per Trade.

Bajaj Securities vs Axis Direct — Detailed Brokerage Comparison

Brokerage Bajaj Securities Axis Direct
Brokerage PlanFreedom PlanStandard Plan
Subscription ChargesRs.431 per Year (1st Year Free)Zero
Equity DeliveryRs.20 per Trade0.5% of Transaction Value
Equity IntradayRs.20 per Trade0.05% of Transaction Value
Equity FutureRs.20 per Trade0.05% of Transaction Value
Equity OptionRs.20 per TradeRs.10 per Trade
Commodity FutureNA0.05% of Transaction Value
Commodity OptionNARs.10 per Trade
Currency FutureNANA
Currency OptionNANA

Trading platforms comparison — Bajaj Securities vs. Axis Direct

Bajaj Securities provides mobile app access and web trading for order placement, portfolio tracking, and market monitoring. Axis Direct provides mobile app access, web trading and desktop terminal access for its users.

  • Android app: Bajaj Securities and Axis Direct both list an Android trading app.

  • iOS app: Bajaj Securities and Axis Direct both list an iOS trading app.

  • Web trading platform: Bajaj Securities and Axis Direct both list a web trading platform.

  • Desktop trading terminal: Axis Direct lists a desktop trading terminal, while Bajaj Securities does not currently mention it.

  • Algo trading: Neither broker currently highlights algo trading support.

  • Basket trading: Neither broker currently highlights basket trading.

  • Foreign stocks platform: Neither broker currently highlights foreign stocks access.

  • Mutual fund platform: Bajaj Securities and Axis Direct both list a mutual fund investment platform.

  • Digital gold platform: Axis Direct lists digital gold investing, while Bajaj Securities does not currently mention it.

  • Bonds platform: Axis Direct lists a bonds investment platform, while Bajaj Securities does not currently mention it.

Bajaj Securities vs Axis Direct — Complete Comparison of Trading Platforms

Trading Platform Bajaj Securities Axis Direct
Android App Bajaj Securities Android App Link Axis Securities Android App Link
iOS App Bajaj Securities iOS App Link Axis Securities iOS App Link
Web Trading Platform Bajaj Securities Web Trading Link Axis Securities Web Trading Link
Trading Terminal NA Available
Algo Trading Platform NA NA
Foreign Stocks Platform NA NA
Basket Trading Platform NA NA
Mutual Fund Platform Available Available
Digital Gold Platform NA Available
Bonds Platform NA Available

Bajaj Securities vs. Axis Direct — Comparison of trading features

Bajaj Securities highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts, while Axis Direct promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and customised recommendations. 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 Bajaj Securities and Axis Direct offer this feature.

  • Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Bajaj Securities and Axis Direct offer this feature.

  • Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Bajaj Securities and Axis Direct offer this feature.

  • Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Bajaj Securities and Axis Direct offer this feature.

  • Research reports: A comprehensive overview of different stocks and sectors in the stock market. Axis Direct offers this; Bajaj Securities does not currently highlight it.

  • Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Axis Direct offers this; Bajaj Securities does not currently highlight it.

  • Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Both Bajaj Securities and Axis Direct offer this feature.

  • Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Bajaj Securities and Axis Direct offer this feature.

  • Live market: Live updates on market movements and trends. Both Bajaj Securities and Axis Direct offer this feature.

  • Multi profile management: Manage multiple trading profiles from a single account. Axis Direct offers this; Bajaj Securities does not currently highlight it.

  • Secure platform: A secure trading environment with next-generation security controls. Both Bajaj Securities and Axis Direct offer this feature.

Bajaj Securities vs Axis Direct — Comprehensive Comparison of Trading Features

Trading Feature Bajaj Securities Axis Direct
Wishlist Yes Yes
Real-Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports No Yes
Global Indices No No
Customised Recommendations No Yes
Stock Tips Yes Yes
Interactive Charts Yes Yes
Live Market Yes Yes
Multi Profile Management No Yes
Robust & Secure Platform Yes Yes

Bajaj Securities vs. Axis Direct — Comparison of offers

Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Bajaj Securities and Axis Direct.

  • Free account opening: Bajaj Securities and Axis Direct both list free account opening.

  • Free AMC: Bajaj Securities lists free Demat AMC, while Axis Direct does not currently mention it.

  • Free brokerage: Neither broker currently highlights free brokerage.

  • Flat brokerage: Bajaj Securities and Axis Direct both list flat brokerage pricing.

  • Flexible brokerage plans: Bajaj Securities and Axis Direct both list flexible brokerage plans.

  • Happy trading hours: Neither broker currently highlights happy trading hours.

  • Free delivery trading: Neither broker currently highlights free delivery trading.

  • 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: Axis Direct lists free research reports, while Bajaj Securities does not currently mention it.

  • Free trading calls: Axis Direct lists free trading calls, while Bajaj Securities does not currently mention it.

  • Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.

  • Referral offers: Bajaj Securities offers Rs.200 per Client while Axis Direct offers Upto Rs.500 per Client for referrals.

Bajaj Securities vs Axis Direct — Comparison of Latest Offers

Offer Bajaj Securities Axis Direct
Free Account Opening Yes Yes
Free AMC Yes No
Free Brokerage No No
Flat Brokerage Yes Yes, Limited
Flexible Brokerage Plans Yes Yes
Happy Trading Hours No No
Free Delivery Trading No No
Free Intraday Trading No No
Free F&O Trading No No
Free Research Reports No Yes
Free Trading Calls No Yes
Referral Offers Rs.200 per Client Upto Rs.500 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss-Making Trades No No

Offered products comparison — Axis Direct vs. Bajaj Securities

Product availability determines whether a broker can support your preferred markets. Bajaj Securities highlights equity delivery, equity intraday, equity futures, equity options, foreign stocks, mutual funds and insurance, while Axis Direct 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, foreign stocks, mutual funds, insurance, corporate bonds, government bonds, commodity futures, commodity options, banking services, digital gold and bonds.

Bajaj Securities vs Axis Direct — Complete Comparison of Products

Product Bajaj Securities Axis Direct
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option No Yes
Commodity Future No Yes
Currency Option No No
Currency Future No No
Foreign Stocks Yes No
Mutual Funds Yes Yes
Banking No Yes
Insurance Yes Yes
Corporate Bonds Yes Yes
Government Bonds Yes Yes
Digital Gold No Yes
  • Demat services: Bajaj Securities and Axis Direct both list Demat services.

  • Trading services: Bajaj Securities and Axis Direct both list trading services.

  • Intraday services: Bajaj Securities and Axis Direct both list intraday trading services.

  • F&O services: Bajaj Securities and Axis Direct both list F&O services.

  • IPO services: Bajaj Securities and Axis Direct both list IPO services.

  • 3-in-1 account: Axis Direct lists 3-in-1 account support, while Bajaj Securities does not currently mention it.

  • Stock research: Axis Direct lists stock research, while Bajaj Securities does not currently mention it.

  • Stock recommendations: Axis Direct lists stock recommendations, while Bajaj Securities does not currently mention it.

  • Trading education: Bajaj Securities and Axis Direct both list trading education.

  • Share pledging: Bajaj Securities and Axis Direct both list share pledging.

  • PMS or PCG: Axis Direct lists PMS or PCG support, while Bajaj Securities does not currently mention it.

  • NRI services: Axis Direct lists NRI services, while Bajaj Securities does not currently mention it.

Offered services comparison — Bajaj Securities vs. Axis Direct

Bajaj Securities provides Demat services, trading services, intraday trading, F&O trading, IPO access and trading education, while Axis Direct offers Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support.

Bajaj Securities vs Axis Direct — In-Depth Comparison of Services

Service Bajaj Securities Axis Direct
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 Yes
Stock Research No Yes
Stock Recommendations No Yes
Trading Education Yes, Samadhan Yes, Learn
Share Pledging Yes Yes
PMS or PCG No Yes
NRI Services No Yes

Stock advisory service comparison — Bajaj Securities vs. Axis Direct

Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Bajaj Securities and Axis Direct.

Bajaj Securities and Axis Direct — Detailed Comparison of Advisory Services

Advisory Bajaj Securities Axis Direct
Fundamental Reports No Yes
Research Reports Yes, chargeable Yes
Company Reports No Yes
Annual Reports No Yes
IPO Reports Yes Yes
Technical Reports No Yes
Stock Tips Yes, chargeable Yes
Daily Top Stock Picks No Yes
Daily Market Review No Yes
Monthly Review No Yes
Weekly Review No Yes
Relationship Manager Yes, chargeable Yes
Robo Advisory No No

Exposure comparison — Bajaj Securities vs. Axis Direct

Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Bajaj Securities and Axis Direct across different segments.

Bajaj Securities and Axis Direct — Comprehensive Comparison of Trading Exposure

Exposure Bajaj Securities Axis Direct
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1X
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Comparison of programs — Bajaj Securities vs. Axis Direct

Bajaj Securities and Axis Direct both list a sub-broker program. Bajaj Securities and Axis Direct both list a partner program. Bajaj Securities and Axis Direct both list a referral program.

Bajaj Securities vs Axis Direct — Comparative Analysis of Programs

Program Bajaj Securities Axis Direct
Sub-Broker ProgramYes, LimitedYes
Partner ProgramYesYes
Referral ProgramYesYes

Customer support comparison — Bajaj Securities vs. Axis Direct

Bajaj Securities provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Axis Direct provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Bajaj Securities operates Available branches. Axis Direct operates Available branches.

Bajaj Securities and Axis Direct — Comprehensive Comparison of Customer Support

Support Channel Bajaj Securities Axis Direct
Trading SupportAvailable, ChargeableAvailable, Free
Dedicated DealerAvailable, ChargeableAvailable, Free
Call Support1800-833-88881800-210-0808
Email Support[email protected][email protected]
WhatsApp SupportNANA
Website SupportWebsite LinkWebsite Link
Facebook SupportFacebook Support LinkFacebook Support Link
Twitter / X SupportTwitter Support LinkTwitter Support Link
Telegram SupportTelegram Support Link
Branches / OfficesAvailableAvailable

Ratings — Bajaj Securities vs. Axis Direct

Both brokers have been evaluated across key parameters to help investors make an informed comparison. Bajaj Securities carries an overall rating of 7.75 / 10, while Axis Direct carries an overall rating of 8.74 / 10.

Bajaj Securities vs Axis Direct — Ratings Comparison

Rating Parameter Bajaj Securities Axis Direct
Overall Rating 7.75 / 10 8.74 / 10
Customer Support 7.72 / 10 8.70 / 10
Technology 7.84 / 10 8.84 / 10
Charges 7.78 / 10 8.77 / 10
Products & Services 7.71 / 10 8.68 / 10
Experience 7.69 / 10 8.67 / 10

Complaints — Bajaj Securities vs. Axis Direct

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.

Bajaj Securities & Axis Direct — Comparison of Customer Complaints

Complaint Metric Bajaj Securities Axis Direct
Total Complaints Lodged 21 76
Total Complaints Resolved 14 60
% of Resolved Complaints 66.67% 78.95%
Non-Actionable Complaints 4 12
% of Non-Actionable Complaints 19.05% 15.79%

Transaction charges comparison — Bajaj Securities vs. Axis Direct

Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Bajaj Securities and Axis Direct.

Bajaj Securities vs Axis Direct — Detailed Comparison of Transaction Charges

Transaction Charges Bajaj Securities Axis Direct
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option

Hidden charges comparison — Bajaj Securities vs. Axis Direct

Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.

Bajaj Securities and Axis Direct — Detailed Comparison of Hidden / Other Charges

Charge Bajaj Securities Axis Direct
SEBI Turnover Charges
DP Charges
GST
Account Closure Charges
Reactivation Charges
Dematerialisation Charges
Call & Trade Charges

Compare Demat charges — Bajaj Securities vs Axis Direct

Bajaj Securities lists account opening charges of Free and Demat AMC of Free. Axis Direct lists account opening charges of Free and Demat AMC of Rs.750 (Rs.350 for first year).

Bajaj Securities vs Axis Direct — Detailed Comparison of Demat Charges

Demat Charges Bajaj Securities Axis Direct
Account Opening ChargesFreeFree
Annual Maintenance Charges (AMC)FreeRs.750 (Rs.350 for first year)

Bajaj Securities vs Axis Direct — Compare STT & CTT

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.

Bajaj Securities vs Axis Direct — Comparative Analysis of STT and CTT Charges

STT & CTT Bajaj Securities Axis Direct
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option

Compare stamp duty — Bajaj Securities and Axis Direct

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.

Bajaj Securities and Axis Direct — Comparison of Stamp Duty Charges

Stamp Duty Bajaj Securities Axis Direct
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option

User experience: buying stocks

Bajaj Securities — User Trading Experience

  • Account Opening Experience: Bajaj Securities lists account opening charges of Free and Demat AMC of Free.
  • Platform & Order Execution: Bajaj Securities provides mobile app access and web trading for market access and order execution.
  • Brokerage Transparency: Key charges include equity intraday brokerage of Rs.20 per Trade and equity delivery charges of Rs.20 per Trade. The broker follows a Freedom Plan brokerage structure.
  • Trading Tools & Features: The broker highlights watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts to support research, monitoring, and execution.
  • Research & Investment Access: Available products may include equity delivery, equity intraday, equity futures, equity options, foreign stocks, mutual funds and insurance.
  • Customer Support: Support options listed for Bajaj Securities include trading desk support, dedicated dealer assistance, call support, email support and website support.
  • Overall Rating: Bajaj Securities carries an overall rating of 7.75 / 10.
  • Overall Fit: Bajaj Securities may suit investors who want Demat services, trading services, intraday trading, F&O trading, IPO access and trading education through mobile app access and web trading.

Axis Direct — User Trading Experience

  • Account Opening Experience: Axis Direct lists account opening charges of Free and Demat AMC of Rs.750 (Rs.350 for first year).
  • Platform & Order Execution: Axis Direct provides mobile app access, web trading and desktop terminal access for market access and order execution.
  • Brokerage Transparency: Key charges include equity intraday brokerage of 0.05% of Transaction Value and equity delivery charges of 0.5% of Transaction Value. The broker follows a Standard Plan brokerage structure.
  • Trading Tools & Features: The broker highlights watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and customised recommendations to support research, monitoring, and execution.
  • Research & Investment Access: Available products may include equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and mutual funds.
  • Customer Support: Support options listed for Axis Direct include trading desk support, dedicated dealer assistance, call support, email support and website support.
  • Overall Rating: Axis Direct carries an overall rating of 8.74 / 10.
  • Overall Fit: Axis Direct may suit investors who want Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support through mobile app access, web trading and desktop terminal access.

Frequently Asked Questions


Is Bajaj Securities better than Axis Direct?
Bajaj Securities may suit traders looking for equity delivery, equity intraday, equity futures, equity options, foreign stocks, mutual funds and insurance through mobile app access and web trading, while Axis Direct may appeal to investors who prefer equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and mutual funds and mobile app access, web trading and desktop terminal access. Compare brokerage, account charges, features, and support tables above before choosing.

Is Axis Direct better than Bajaj Securities?
Axis Direct may suit traders looking for equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and mutual funds through mobile app access, web trading and desktop terminal access, while Bajaj Securities may appeal to investors who prefer equity delivery, equity intraday, equity futures, equity options, foreign stocks, mutual funds and insurance and mobile app access and web trading. Review segment-wise pricing, platform access, and service availability before selecting a broker.

Is Bajaj Securities cheaper than Axis Direct?
The lower-cost option depends on the segment you trade most. Compare equity delivery (Rs.20 per Trade vs 0.5% of Transaction Value), intraday (Rs.20 per Trade vs 0.05% of Transaction Value), options (Rs.20 per Trade vs Rs.10 per Trade), and AMC (Free vs Rs.750 (Rs.350 for first year)) before deciding.

Is Axis Direct cheaper than Bajaj Securities?
Pricing should be checked segment by segment. Review delivery, intraday, F&O, currency, commodity, and Demat charges in the tables above to see whether Axis Direct or Bajaj Securities is more cost-effective for your trading style.

Which is better, Axis Direct vs. Bajaj Securities?
The better broker is the one that fits your needs on brokerage, Demat charges, products, platforms, service availability, ratings, and support. This comparison page helps you evaluate Bajaj Securities and Axis Direct side by side before opening an account.

What segments does Bajaj Securities support?
Bajaj Securities supports equity delivery, equity intraday, equity futures and equity options.

What segments does Axis Direct support?
Axis Direct supports equity delivery, equity intraday, equity futures, equity options, commodity futures and commodity options.

What is the account opening charge for Bajaj Securities vs Axis Direct?
Bajaj Securities lists account opening charges of Free and Demat AMC of Free. Axis Direct lists account opening charges of Free and Demat AMC of Rs.750 (Rs.350 for first year).

Bajaj Securities Broker Comparison with Top Stock Brokers in India (2026)

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