Bajaj Broking vs Achiievers – Compare Charges, Trading Features, Offers & more

Find a Comparison of Bajaj Broking vs Achiievers here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Bajaj Broking and Achiievers.

Background

Year of Incorporation 2010 1999
Website https://www.bajajbroking.in https://www.achiieversequitiesltd.com/
Phone 1800-833-8888 +91-33-6606-3000
Exchanges enabled NSE, BSE, MCX NSE, BSE, & MCX
Demat (NSDL/CDSL) Both NSDL and CDSL CDSL
Brokerage

Equity ?20 per order Rs 15 or 0.05% per executed order
Equity Futures ?20 per order Rs.15 per executed order
Equity Options ?20 per order Rs.15 per executed order
Currency Futures ?20 per order Rs.15 per executed order
Currency Options ?20 per order Rs.15 per executed order
Commodity ?20 per order Rs.15 per executed order
Account Opening Costs

Trading only ?0 Rs 750
Trading & Demat ?0 Rs 750
Commodity ?0 Rs 300
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity NSE 0.00297% | BSE 0.00375% 0.0035% of Turnover
Futures NSE 0.00173% | BSE 0% 0.0039% of Turnover
Options NSE 0.03503% | BSE 0.00325% (on premium) 0.075% of Premium Turnover
Commodities N/A 0.0046% of Turnover
AMC charge ?0 (subscription ?431/yr from 2nd year; Professional ?2,500/yr) Free
DP Transaction Charge ?30 per ISIN (debit) Rs 12 + Rs 5.5 per scrip
Offline order placing Charge ?20 per executed order (Call & Trade) Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes 5 Days on NOW & 5 Day on ODIN (MCX)
End of Day N/A 10 years NOW & 5 years on ODIN (MCX)
Coding/Backtesting  
Reporting

Online Trade Reports  
Online PNL Reports  
Online Contract Notes
Margins

Leverage Provided

Equity Up to 5x intraday; 1x delivery Upto 2x for Delivery & Upto 5x for Intraday
Equity Futures 1.3x intraday Upto 3x
Equity Options 1.3x intraday Upto 3x
Currency Futures 1.3x intraday Upto 2x
Currency Options 1.3x intraday Upto 2x
Commodity 1.3x intraday Upto 2x
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator  
Bracket orders & Trailing Stoploss  
Training & Education  
Convenience

3 in 1 Account
Instant Fund withdrawal  
Relationship Managers  
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 N/A Rs 19 Lakhs
Profit after Tax FY12/13 N/A Rs 1.1 Lakh
Profit after Tax FY13/14 N/A Rs 1.9 Lakhs
Profit after Tax FY 14/15 N/A Rs 4.9 Lakhs
Profit after Tax FY 15/16 N/A Rs 5.3 Lakhs
Profit after Tax FY 16/17 N/A Rs 5.9 Lakhs
Profit after Tax FY 17/18 N/A Rs 22.18 Lakhs
Profit after Tax FY 18/19 N/A Rs 29.26 Lakhs
Profit after Tax FY 19/20 N/A Rs 38 Lakhs
Profit after Tax FY 20/21 N/A Rs 55 Lakhs
Profit after Tax FY 21/22 N/A Rs 70 Lakhs
Profit after Tax FY 22/23 N/A Rs 93 Lakhs
Debt FY11/12 N/A Rs 54.7 Lakhs
Debt FY12/13 N/A Rs 60.3 Lakhs
Debt FY13/14 N/A Rs 71.9 Lakhs
Debt FY14/15 N/A Rs 1.5 Crores
Debt FY15/16 N/A Rs 1.8 Crores
Debt FY16/17 N/A Rs 2.1 Crores
Debt FY17/18 N/A Rs 2.4 Crores
Debt FY18/19 N/A Rs 2.7 Crores
Debt FY19/20 N/A Rs 2.9 Crores
Debt FY20/21 N/A Rs 3.3 Crores
Debt FY21/22 N/A Rs 3.7 Crores
Debt FY22/23 N/A Rs 4.1 Crores
Profit to Equity(%) FY11/12 N/A 10.35%
Profit to Equity(%) FY12/13 N/A 10.26%
Profit to Equity(%) FY13/14 N/A 12.41%
Profit to Equity(%) FY14/15 N/A 14.00%
Profit to Equity(%) FY15/16 N/A 18.45%
Profit to Equity(%) FY16/17 N/A 20.01%
Profit to Equity(%) FY17/18 N/A 21.45%
Profit to Equity(%) FY18/19 N/A 23.99%
Profit to Equity(%) FY19/20 N/A 26.17%
Profit to Equity(%) FY20/21 N/A 23.55%
Profit to Equity(%) FY21/22 N/A 24.98%
Profit to Equity(%) FY22/23 N/A 24.22%
Balance Sheet Size FY11/12 N/A Rs 7.23 Crores
Balance Sheet Size FY12/13 N/A Rs 8.81 Crores
Balance Sheet Size FY13/14 N/A Rs 13.6 Crores
Balance Sheet Size FY14/15 N/A Rs 17.1 Crores
Balance Sheet Size FY15/16 N/A Rs 17.55 Crores
Balance Sheet Size FY16/17 N/A Rs 17.87 Crores
Balance Sheet Size FY17/18 N/A Rs 18.25 Crores
Balance Sheet Size FY18/19 N/A Rs 18.99 Crores
Balance Sheet Size FY19/20 N/A Rs 19.23 Crores
Balance Sheet Size FY20/21 N/A Rs 19.75 Crores
Balance Sheet Size FY21/22 N/A Rs 19.99 Crores
Balance Sheet Size FY22/23 N/A Rs 20.43 Crores

Comparison Link:

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Frequently Asked Questions

Which is better, Bajaj Broking or Achiievers?

Bajaj Broking Securities and Achiievers are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do Bajaj Broking and Achiievers offer mobile trading apps?

Yes, both Bajaj Broking Securities and Achiievers provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for Achiievers and Bajaj Broking?

The account opening charges by brokers Bajaj Broking and Achiievers for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both Bajaj Broking and Achiievers are SEBI-registered brokers with good reputations. Bajaj Broking is known for its trading platforms, while Achiievers is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both Bajaj Broking and Achiievers offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.