Bajaj Finserve Vs Definedge Securities
Bajaj Finserve
Bajaj Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review JustTrade.in Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Definedge Securities
Bajaj Finserve Vs Definedge Securities - Broker Details
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2007 | 2015 |
| Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX. |
| Branches | 294+ | 270 |
| Brokerage | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹18 per executed order |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Account Opening & AMC Charges
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹199- (2nd Year Onwards) | ₹300 |
| Trading Account AMC | ₹899- per annum | ₹300 AMC |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Brokerage charges & Plans
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹0 (Free) |
| Equity Options | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹18 per executed order |
| Commodity Options | N/A | ₹18 per executed order |
| Equity Futures | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | N/A | ₹18 per executed order |
| Fixed Charges | N/A | ₹18 per executed order |
| Equity Intraday | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Other Charges
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | ₹20/ Order | ₹36/- per order |
| Other Brokerage Charges | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Transaction Charges
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Currency Options | N/A | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE:- 0.002% | BSE:- Nil or 0.05% of trade value | Clearing Charges:- NSE and BSE:- 0.00025% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE:- 0.053%( on premium) | BSE:- Nil or 0.05% of traded value | Clearing charges:- NSE or BSE:- 0.00025% | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | N/A | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | N/A | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Margin (Exposure)
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Features
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Review & Rating
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Request a call back from Broker
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Investment Options
| Bajaj Finserve | Definedge Securities | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Order Type
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Research & Report
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Daily Market Report
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Suitable For Investor
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Pros & Cons
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Pros | 1.It charges low brokerage 2.Fast and safe fund transfer 3.Margin Trading Funding (MTF) is available 4. Bajaj Fiserv provide good customer service. | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| Cons | 1.High equity delivery brokerage charges of ₹40/Order in the Freedom plan 2.Call & Trade is available at additional ₹20/ Order 3. Bajaj Finserv doesn't offer facilities to invest in Commodity and Currency trading. | 1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Background
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Compare All Brokers
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - STT/CTT
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Demat transaction charges
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 + GST per scrip only on sell | ₹0 (Free) |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - GST
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + CM Charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - SEBI Charges
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Account Opening & AMC Charges
Bajaj Finserve
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹199- (2nd Year Onwards)
₹300
Trading Account AMC
₹899- per annum
₹300 AMC
Bajaj Finserve Vs Definedge Securities
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
Just Trade Review | Brokerage Charges, Account OpeningJust Trade is the brand of the most trusted and one of the largest financial service provider of India ‘Bajaj Capital Limited’. Bajaj Capital Limited started its operation in 1965 and it was the first company who innovated the financial instrument ‘Fixed Deposit’ and later on included all UTI schemes and government saving schemes in .. + " Vs "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Bajaj Finserve Vs Definedge Securities - Brokerage charges & Plans
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹0 (Free) |
| Equity Options | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹18 per executed order |
| Commodity Options | N/A | ₹18 per executed order |
| Equity Futures | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | N/A | ₹18 per executed order |
| Fixed Charges | N/A | ₹18 per executed order |
| Equity Intraday | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Margin (Exposure)
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Other Charges
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | ₹20/ Order | ₹36/- per order |
| Other Brokerage Charges | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - STT/CTT
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Demat transaction charges
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 + GST per scrip only on sell | ₹0 (Free) |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - GST
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + CM Charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - SEBI Charges
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Bajaj Finserve Vs Definedge Securities - Features
| Bajaj Finserve | Definedge Securities | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |