Bajaj Securities Stock Trading, Demat, Brokerage and Reviews 2024

Bajaj Securities is one of the prominent stockbrokers in India. It offers a complete range of services including equity trading, mutual funds, commodities, and more. It also provides a user-friendly interface, making it accessible to beginners and experienced traders.

In this review, we will delve into the various features of Bajaj Securities. We will examine its account opening charges, brokerage charges, features, and other offerings. Through this review, we will provide you with a thorough understanding of what Bajaj Securities has to offer.

Bajaj Securities Overview

Bajaj Securities is a well-established Public company in the financial services sector, known for its comprehensive brokerage services. As a Public broker, Angel One offers numerous investment options, including stock trading, futures and options, mutual funds, currencies and commodities.

Headquartered in Pune, Angel One has been a significant player in the Indian stock market since its inception in 2010. The company was founded by Sanjiv Bajaj, who envisioned creating a platform that democratizes investing for all.

Over the years, Bajaj Securities has built a reputation for its user-friendly platform, competitive pricing, and extensive research tools. The company is committed to providing reliable customer support and educational resources, making it a preferred choice for traders and investors.

Bajaj Securities A Comprehensive Company Overview

Company Overview Bajaj Securities
Company Type Public
Broker Type Discount Broker
Headquarters Pune
Founder Sanjiv Bajaj
Establishment Year 2010

Account opening and demat charges

Opening an account with Bajaj Securities is Free, making it accessible to new investors. Once the account is set up, users will incur ongoing charges such as an annual maintenance charge (AMC) of Free and a broker commission of ₹Rs.431 per Year (1st Year Free), Securities Transaction Tax (STT), and other regulatory charges.

Bajaj Securities straightforward pricing and comprehensive services make it a popular choice among investors. The combination of free account opening and competitive ongoing charges provides a cost-effective investment management solution.

Account Opening and Demat Charges

Broker Bajaj Securities
Trading Account Opening Charges Free
Demat AMC (Annual Maintenance Charges) Free
Depository

Bajaj Securities brokerage charges

Your stockbroker charges a certain brokerage fee for every order you place. The brokerage charges of Angel One are as follows:

  • Equity delivery: You need to pay these charges when you buy and hold stocks in your trading account for a longer period. This type of trading generally charges lower brokerage charges as compared to others.
  • Equity intraday: When you buy and sell stocks on the same day, you need to pay equity delivery brokerage charges. Intraday trading mainly focuses on short-term price movements.
  • Equity futures: You have to pay equity future brokerage charges when you trade futures contracts on stocks. Equity futures are agreements to buy or sell a stock at a predetermined price on a future date. The charges for trading equity futures include brokerage fees and may also include transaction charges based on the contract value.
  • Equity options: When you trade options contracts based on stocks, you have to pay brokerage charges determined for equity options. An equity option gives the holder the right, but not the obligation, to buy or sell a stock at a specified price before or at the expiration date. The brokerage charges for options trading often include a flat fee per contract or a fee based on the option’s premium.
  • Commodity futures: These are charges for trading futures contracts on commodities such as gold, oil, or agricultural products. Commodity futures contracts are agreements to buy or sell a specific quantity of a commodity at a predetermined price on a future date.
  • Currency futures: These are charges for trading futures contracts on currencies. Currency futures involve agreements to exchange one currency for another at a set price on a future date. The charges for currency futures usually include a flat fee per contract and may vary depending on the currency pair and contract size.
  • Currency options: Charges for trading options contracts on currencies. A currency option provides the right, but not the obligation, to buy or sell a currency pair at a specified price before or at the expiration date. The charges for currency options typically include a fee per option contract and may be based on the option's premium.

Brokerage of Bajaj Securities

Brokerage Bajaj Securities
Brokerage Plan Freedom Plan
Subscription Charges Rs.431 per Year (1st Year Free)
Equity Delivery Rs.20 per Trade
Equity Intraday Rs.20 per Trade
Equity Future Rs.20 per Trade
Equity Option Rs.20 per Trade
Commodity Future NA
Commodity Option NA
Currency Future NA
Currency Option NA

Bajaj Securities margin exposure

Bajaj Securities provides margin exposure to help traders and investors trade with margin money. With margin money, you can control larger positions with smaller amounts of funds. With this offering, you can amplify your trading potential and take advantage of market opportunities.

Bajaj Securities Exposure

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

Bajaj Securities other charge

Apart from brokerage charges, you also need to be aware of other charges charged by a broker. These are:

Other charges of Bajaj Securities

Charges Bajaj Securities
STT Equity Delivery
Stamp Duty Equity Delivery
Transaction Charges Equity Intraday
STT Equity Intraday
Stamp Duty Equity Intraday
Transaction Charges Equity Futures
STT Equity Future
Stamp Duty Equity Future
Transaction Charges Equity Options
STT Equity Options
Stamp Duty Equity Options
SEBI Turnover Charges
GST

Bajaj Securities trading platforms

Bajaj Securities offers multiple trading platforms for traders and investors. With an easy user interface and advanced features, Angel One simplifies the trading process for beginners. Each of the following platforms offers unique and useful features for trading purposes.

Bajaj Securities – Trading Platforms

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

Bajaj Securities offers

Many stockbrokers provide attractive offers to gain investors' attention. For example, some might offer a free account opening process and others might offer free delivery trading. These offers differentiate brokers, and they often use them as a strategy to attract new clients and retain existing ones. By highlighting such benefits, brokers make their services more appealing compared to competitors. Angel One’s offerings are as follows:

Bajaj Securities Offers

Offers Bajaj Securities
Free Account Opening Yes
Free AMC Yes
Free Brokerage No
Flat Brokerage Yes
Flexible Brokerage Plans Yes
Happy Trading Hours No
Free Delivery Trading No
Free Intraday Trading No
Free F&O Trading No
Free Research Reports No
Free Trading calls No
Referral Offers Rs.200 per Client
Margin Funding / Pledging Yes
Brokerage Cashback No
Zero Brokerage for Loss Making Trades No

Bajaj Securities features

Bajaj Securities also offers advanced trading features for both beginner and experienced traders. These features range from basic features such as real-time market data and portfolio tracking to advanced options like investment research, personalized recommendations, and charting tools. Further, Angel One also offers research reports, custom stock recommendations, and stock tips.

Comparison of Bajaj Securities – Trading Features

Trading Features Bajaj Securities
Wishlist Yes
Real Time Updates Yes
Portfolio Details Yes
Online MF Buy Yes
Research Reports No
Global indices No
Customised Recommendations No
Stock tips Yes
Interactive charts Yes
Live market Yes
Multi Profile Management No
Robust & Secure Platform Yes

Services

The platform offers numerous financial services. Core services include trading in stocks, derivatives, and IPOs. The platform also offers in-depth market research, investment recommendations, and tools to help traders make informed decisions. For those seeking more hands-on management, Angel One provides portfolio management services as well. While it doesn't offer a traditional 3-in-1 account, it covers most other essential financial services.

Bajaj Securities – Services Provided

Services Provided Bajaj Securities
Demat Services Yes
Trading Services Yes
Intraday Services Yes
F&O Services Yes
IPO Services Yes
3 in 1 Account No
Stock Research No
Stock Recommendations No
Trading Institution Yes, Samadhan
Share Pledging Yes
PMS or PCG No
NRI Services No

Products

Bajaj Securities offers a complete set of financial products for traders and investors. You can trade in equities, options, and futures according to your preferences. It also offers trading in commodities and currencies. If you are someone interested in global markets, Bajaj Securities also allows you to trade in foreign stocks. Plus, you can diversify your portfolio by investing in mutual funds. It will help you safeguard your capital from uncertain market movements. These diverse product offerings allow Bajaj Securities to serve different investment strategies and preferences effectively.

Bajaj Securities – Products Provided

Products Provided Bajaj Securities
Equity Delivery Yes
Equity Intraday Yes
Equity Option Yes
Equity Future Yes
Commodity Option No
Commodity Future No
Currency Option No
Currency Future No
Foreign Stocks Yes
Mutual Funds Yes
Banking No
Insurance Yes
Corporate Bonds Yes
Govt. Bonds Yes
Digital Gold No

Customer support

Bajaj Securities offers robust customer support to ensure a smooth and hassle-free experience for its clients. Their dedicated support team is available through multiple channels, including phone, email, and live chat, to assist with any queries or issues.

Customer Support of Bajaj Securities

Customer Support Bajaj Securities
Trading Support Available, Chargeable
Dedicated Dealer Available, Chargeable
Call Support 1800-833-8888
Email Support connect@bajajfinserv.in
Whatsapp Support NA
Website Support Website Link
Facebook Support Facebook Support Link
Twitter Support Twitter Support Link
Telegram Support Telegram Support Link
Branches / Offices Available

Customer complaints

Bajaj Securities is committed to addressing customer complaints promptly. Through timely responses and resolutions, it aims to give a positive experience for all users. Traders and investors can file complaints through multiple channels, including the website, mobile app, or email. Further, Angel One's structured grievance redressal mechanism ensures that each complaint is tracked, escalated if necessary, and resolved within stipulated timelines.

Bajaj Securities Complaints

Complaints Bajaj Securities
Total Complaints Lodged 21
Total Complaints Resolved 14
% of Resolved Complaints 66.67%
Non Actionable Complaints 4
% of Non Actionable Complaints 19.05%

Frequently Asked Questions


Who is the founder of Bajaj Securities?
Bajaj Securities is founded by Sanjiv Bajaj.

What type of broker is Bajaj Securities?
Bajaj Securities is a Discount Broker broker and it offers a complete range of financial services such as stock trading, mutual funds, and advisory services. Plus, it offers both online and offline trading facilities for various investor needs.

Is Bajaj Securities free?
Bajaj Securities account opening process is free but you have to pay the annual maintenance charges of Free.

Is Bajaj Securities reliable?
Yes, Bajaj Securities is a trusted and regulated broker in India with over two decades of experience in the financial industry. It is a member of major exchanges like NSE, BSE, and MCX.

How to open a demat account with Bajaj Securities?
You can open an Bajaj Securities demat account by visiting the official website of Bajaj Securities. You need to submit the basic personal details, and KYC documents, and complete an e-sign process. The account is usually activated within 24-48 hours.

What trading platforms does Bajaj Securities offer?
Bajaj Securities offers multiple trading platforms, including a web-based platform, a mobile app, and a desktop application. These platforms are equipped with advanced tools and features for seamless trading.

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