Fyers vs Bajaj Broking – Compare Charges, Trading Features, Offers & More

Overview — Fyers vs. Bajaj Broking

Fyers is listed as a Private Discount Broker established in 2015 with headquarters in Bangalore and founded by Tejas Khoday, Shreyas Khodey & Yashas Khodey. 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, research reports, customised recommendations, stock tips and interactive charts. It follows a Standard Plan 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.

Brokerage charges comparison — Fyers vs. Bajaj Broking

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

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Fyers 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. Fyers charges Rs.20 per Trade or 0.03% (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. Fyers charges Rs.20 per Trade or 0.03% (whichever is low) while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).

Equity options: This charge applies to equity option contracts. Fyers 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. Fyers charges Rs.20 per Trade or 0.03% (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. Fyers 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. Fyers charges Rs.20 per Trade or 0.03% (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. Fyers charges Rs.20 per Trade . Bajaj Broking does not currently list a charge for this segment.

Trading platforms comparison — Fyers vs. Bajaj Broking

Fyers 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: Fyers and Bajaj Broking both list an Android trading app.

• iOS app: Fyers and Bajaj Broking both list an iOS trading app.

• Web trading platform: Fyers and Bajaj Broking both list a web trading platform.

• Desktop trading terminal: Fyers and Bajaj Broking both list a desktop trading terminal.

• Algo trading: Fyers and Bajaj Broking both list algo trading support.

• Basket trading: Fyers lists basket trading, while Bajaj Broking does not currently mention it.

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

• Mutual fund platform: Fyers 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 Fyers does not currently mention it.

Fyers vs. Bajaj Broking — Comparison of trading features

Fyers highlights trading features including watchlists, real-time updates, research reports, customised recommendations, stock tips and interactive charts, 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 Fyers and Bajaj Broking offer this feature.

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

• Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Bajaj Broking offers this; Fyers does not currently highlight it.

• Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Bajaj Broking offers this; Fyers does not currently highlight it.

• Research reports: A comprehensive overview of different stocks and sectors in the stock market. Both Fyers and Bajaj Broking offer this feature.

• Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Fyers 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 Fyers and Bajaj Broking offer this feature.

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

• Live market: Live updates on market movements and trends. Both Fyers and Bajaj Broking offer this feature.

• Secure platform: A secure trading environment with next-generation security controls. Fyers offers this; Bajaj Broking does not currently highlight it.

Fyers vs. Bajaj Broking — 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 Fyers and Bajaj Broking.

• Free account opening: Fyers and Bajaj Broking both list free account opening.

• Free AMC: Fyers and Bajaj Broking both list free Demat AMC.

• Free brokerage: Fyers lists free brokerage, while Bajaj Broking does not currently mention it.

• Flat brokerage: Fyers and Bajaj Broking both list flat brokerage pricing.

• Flexible brokerage plans: Bajaj Broking lists flexible brokerage plans, while Fyers does not currently mention it.

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

• Free delivery trading: Fyers 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: Neither broker currently highlights free research reports.

• Free trading calls: Bajaj Broking lists free trading calls, while Fyers does not currently mention it.

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

• Referral offers: Fyers offers 20% of Revenue for referrals; Bajaj Broking does not currently list a referral offer.

Offered products comparison — Bajaj Broking vs. Fyers

Product availability determines whether a broker can support your preferred markets. Fyers 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, mutual funds, government bonds, corporate bonds and bonds.

• Demat services: Fyers and Bajaj Broking both list Demat services.

• Trading services: Fyers and Bajaj Broking both list trading services.

• Intraday services: Fyers and Bajaj Broking both list intraday trading services.

• F&O services: Fyers and Bajaj Broking both list F&O services.

• IPO services: Fyers and Bajaj Broking both list IPO services.

• 3-in-1 account: Neither broker currently highlights 3-in-1 account support.

• Stock research: Bajaj Broking lists stock research, while Fyers does not currently mention it.

• Stock recommendations: Neither broker currently highlights stock recommendations.

• Trading education: Fyers lists trading education, while Bajaj Broking does not currently mention it.

• Share pledging: Fyers and Bajaj Broking both list share pledging.

• PMS or PCG: Bajaj Broking lists PMS or PCG support, while Fyers does not currently mention it.

• NRI services: Bajaj Broking lists NRI services, while Fyers does not currently mention it.

Offered services comparison — Fyers vs. Bajaj Broking

Fyers provides Demat services, trading services, intraday trading, F&O trading, IPO access and trading education, while Bajaj Broking offers Demat services, trading services, intraday trading, F&O trading, IPO access and stock research.

Stock advisory service comparison — Fyers vs. Bajaj Broking

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

Exposure comparison — Fyers vs. Bajaj Broking

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

Comparison of programs — Fyers vs. Bajaj Broking

Fyers lists a sub-broker program, while Bajaj Broking does not currently mention it. Fyers lists a partner program, while Bajaj Broking does not currently mention it. Fyers lists a referral program, while Bajaj Broking does not currently mention it.

Customer support comparison — Fyers vs. Bajaj Broking

Fyers provides support through trading desk support, call support, email support, website support and Facebook support. Bajaj Broking provides support through trading desk support, call support, email support and website support. Bajaj Broking operates Head office: 4th Floor, Bajaj Finserv House, Off Pune–Ahmednagar Road, Viman Nagar, Pune – 411014, Maharashtra branches.

Ratings — Fyers vs. Bajaj Broking

Both brokers have been evaluated across key parameters to help investors make an informed comparison. Fyers carries an overall rating of 8.20 / 10, while Bajaj Broking carries an overall rating of 3.6 / 5.

Complaints — Fyers vs. Bajaj Broking

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.

Transaction charges comparison — Fyers vs. Bajaj Broking

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

Pledge charges comparison — Fyers vs. Bajaj Broking

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.

Hidden charges comparison — Fyers vs. Bajaj Broking

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

Compare Demat charges — Fyers vs Bajaj Broking

Fyers lists account opening charges of Free and Demat AMC of Free (limited period offer). Bajaj Broking lists account opening charges of ₹0 and Demat AMC of ₹0.

Fyers vs Bajaj Broking — 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.

Compare stamp duty — Fyers and Bajaj Broking

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.

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