Quick Comparision (Bajaj Finserve
VS Elite Wealth)
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.
Bajaj Finserve
Elite Wealth
Single Margin Facility
Year of Incorporation
2007
1990
Exchanges
NSE, BSE
NSE, BSE, MCX and NCDEX
Branches
294+
N/A
Brokerage
Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order
0.03%
Broker Type
Full Service Broker
Full Service Broker
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Bajaj Finserve
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹199- (2nd Year Onwards)
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹899- per annum
₹0 (Free)
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Bajaj Finserve
Elite Wealth
Commodity Futures
N/A
0.03%
Currency Futures
N/A
0.03%
Equity Delivery
Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order
0.33%
Equity Options
Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order
₹33 per Lot
Commodity Options
N/A
0.03%
Equity Futures
Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order
0.03%
Currency Options
N/A
₹33 per Lot
Fixed Charges
N/A
0.03%
Equity Intraday
Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order
0.03%
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Bajaj Finserve
Elite Wealth
RMS Square Off Charge
₹20/ Order
₹0 (Free)
API Charges
₹0 (Free)
Call & Trade Charges
₹20/ Order
₹0 (Free)
Other Brokerage Charges
Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order
0.03%
Minimum Brokerage
₹20/ Order
0.03%
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Bajaj Finserve
Elite Wealth
Currency Options
N/A
NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures
NSE:- 0.002% | BSE:- Nil or 0.05% of trade value | Clearing Charges:- NSE and BSE:- 0.00025%
NSE: 0.00195% on Total Turnover value
Equity Intraday
NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil
NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Options
NSE:- 0.053%( on premium) | BSE:- Nil or 0.05% of traded value | Clearing charges:- NSE or BSE:- 0.00025%
NSE: 0.053% on Premium value
Commodity
N/A
Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
Currency Futures
N/A
NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
Equity Delivery
NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil
NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
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Bajaj Finserve
Elite Wealth
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))
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Bajaj Finserve
Elite Wealth
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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform
1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform
SMS Alerts for Trades
Direct Mutual Fund
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Bajaj Finserve
Elite Wealth
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back
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Bajaj Finserve
Elite Wealth
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Bajaj Finserve
Elite Wealth
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
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Bajaj Finserve
Elite Wealth
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Bajaj Finserve
Elite Wealth
Casual Investor
Active Investor
Trader
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Bajaj Finserve
Elite Wealth
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. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days
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. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading.
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Bajaj Finserve
Elite Wealth
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 Sell
Equity Options
0.05% on Sell Side(on Premium)
0.05% on Sell (on Premium)
Currency Options
No STT
No STT
Equity Delivery
0.1% on buy & sell
0.1% on both buy & Sell
Equity Futures
0.01% on Sell Side
0.01 % on Sell
Commodity Options
0.05% on sell side
0.05% on Sell Side
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Bajaj Finserve
Elite Wealth
Equity Demat Transaction Charges
₹30 + GST per scrip only on sell
No Charges
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Bajaj Finserve
Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO)
18% on (Brokerage + Transaction Charge + CM Charges)
18% on (Brokerage + Transaction Charge)
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Bajaj Finserve
Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/Crore
₹10/Crore
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Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹199- (2nd Year Onwards)
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹899- per annum
₹0 (Free)
Enquiry with Elite Wealth
Bajaj Finserve
Elite Wealth
Just Trade Review | Brokerage Charges, Account Opening Just 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 ..
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Bajaj Finserve
Elite Wealth
Commodity Futures
N/A
0.03%
Currency Futures
N/A
0.03%
Equity Delivery
Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order
0.33%
Equity Options
Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order
₹33 per Lot
Commodity Options
N/A
0.03%
Equity Futures
Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order
0.03%
Currency Options
N/A
₹33 per Lot
Fixed Charges
N/A
0.03%
Equity Intraday
Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order
0.03%
Call Back
Open Account
Enquiry with Elite Wealth
Bajaj Finserve
Elite Wealth
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
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Enquiry with Elite Wealth
Bajaj Finserve
Elite Wealth
RMS Square Off Charge
₹20/ Order
₹0 (Free)
API Charges
₹0 (Free)
Call & Trade Charges
₹20/ Order
₹0 (Free)
Other Brokerage Charges
Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order
0.03%
Minimum Brokerage
₹20/ Order
0.03%
Call Back
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Enquiry with Elite Wealth
Bajaj Finserve
Elite Wealth
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 Sell
Equity Options
0.05% on Sell Side(on Premium)
0.05% on Sell (on Premium)
Currency Options
No STT
No STT
Equity Delivery
0.1% on buy & sell
0.1% on both buy & Sell
Equity Futures
0.01% on Sell Side
0.01 % on Sell
Commodity Options
0.05% on sell side
0.05% on Sell Side
Call Back
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Bajaj Finserve
Elite Wealth
Equity Demat Transaction Charges
₹30 + GST per scrip only on sell
No Charges
Call Back
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Enquiry with Elite Wealth
Bajaj Finserve
Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO)
18% on (Brokerage + Transaction Charge + CM Charges)
18% on (Brokerage + Transaction Charge)
Call Back
Open Account
Enquiry with Elite Wealth
Bajaj Finserve
Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO)
₹10/Crore
₹10/Crore
Call Back
Open Account
Enquiry with Elite Wealth
Bajaj Finserve
Elite Wealth
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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform
1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform
SMS Alerts for Trades
Direct Mutual Fund
Call Back
Open Account
Enquiry with Elite Wealth