PUNE, India, June 30, 2020 /PRNewswire/ -- The interest of retail investors in Futures and Options (F&O) segment is soaring. Investors, who are now trading actively, would often need to take calls on various stocks or indices to bet on a future direction. Also, there would be a need to hedge stock calls with futures, especially when the market tends to be volatile. Since there are many option calls during such times, professional traders would need attractive brokerage rates to maximise their profits from trading.
Brokerage designed for Professional Traders
Bajaj Financial Securities Limited (BFSL), a 100% subsidiary of Bajaj Finance Limited with its disruptive pricing model aims at offering attractive brokerage rates to professional traders and investors.
The company offers an annual subscription-based trading pack, known as the Professional Pack, which allows investors to do unlimited trades for a reduced brokerage fee per transaction.
With a yearly subscription charge of Rs. 999 (+GST), investors can avail of one of the lowest brokerage rates in India for equity F&O trades at a flat brokerage rate of Rs. 5/order. Traders can also avail of the benefit of margin financing apart from the attractive brokerage rates. An additional interest of 0.05% is charged on a daily basis for borrowing to trade. The details of the pack are as summarised in the table below:
Yearly Subscription Charges
Equity, Derivatives, Margin Trading Financing (MTF)
Equity Delivery and Intraday: Rs. 0.99/order
F&O: Rs. 5/order
MTF Interest Rate: 0.05%/day
Please note that annual subscription charges and Demat AMC are exclusive of GST. Other statutory charges will be levied, as applicable.
Up to 75% Savings on Brokerage for F&O Trades
Investors opting for the Professional Trading Pack can enjoy savings of up to 75% on equity F&O trades. To understand this better, look at the table below which shows a comparison of annual brokerage charged by BFSL vis-a-vis two other brokers.
Assuming the daily trading frequency as two F&O trades, the annual brokerage charge for a broker who charges Rs. 20 per order will be Rs. 10,600 and for a broker who charges Rs. 9 per order, it will be Rs. 4,770. However, since BFSL is only charging Rs. 5 per trade, the annual brokerage charge will be Rs. 2,650 for the same trading frequency, thus helping the investors save up to 75% on annual brokerage for Equity F&O trades.
Broker 1 (Brokerage @flat Rs.20/order)
Broker 2 (Brokerage @flat Rs.9/order)
BFSL (Brokerage @flat Rs.5/order)
No. of F&O trades in a day
Brokerage per trade (Rs.)
Daily Brokerage (Rs.)
Annual Brokerage** (Rs.)
**Assuming the number of trades is constant for the remaining 264 days of the year.
Comparing the Annual Brokerages in the above table:
% Savings with BFSL against Broker 1 = 75%
% Savings with BFSL against Broker 2 = 44%
Additionally, investors can also avail of equity delivery and intraday orders at flat Rs. 0.99/order. The benefits of low brokerage charges will be more pronounced when investors trade more frequently.
Apart from catering to the needs of traders, BFSL also offers two more competitive trading packages for beginners and newbie investors, known as the Freedom Pack and the Beginner Pack. The Freedom Pack offers free demat and trading account opening(zero Demat AMC charges for the first year; Rs. 365 + GST from the second year onwards) with flat rates of Rs. 17/order for equity intraday and F&O trades. Whereas the Beginner Pack comes with an annual subscription fee of Rs. 500 (+GST) and offers Rs. 9/order for equity intraday and F&O, and a discounted rate of Rs. 0.99/ order for equity delivery trades. Demat AMC charges of Rs. 899 (+GST) apply for this pack.
Thus, investors can trade more frequently with BFSL to rebalance their portfolio and make the most of market opportunities.
About Bajaj Financial Securities Limited
Bajaj Financial Securities Limited is a 100% subsidiary of Bajaj Finance Limited, offering a wide spectrum of capital market solutions that include Equity Trading (Delivery and Intraday), Derivative Trading, Mutual Funds, Margin Trading Financing (MTF) and Spread Financing. Our Clientele includes HNI/Ultra HNI clients and retail online clients. Bajaj Financial Securities Limited is also a distributor of Mutual Funds.
Bajaj Financial Securities Limited is a registered member of NSE and BSE under the Equities and Derivatives Segment, and is also a depository participant at CDSL and NSDL.
To know more, please visit: https://www.bajajfinservsecurities.in
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