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Comparision (Axis Direct VS Upstox)

 

Axis Direct Vs Upstox

Axis Direct
Axis Direct is a full service Broker. Axis Direct Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Axis Direct Vs Upstox - Broker Details

Axis Direct Upstox
Single Margin Facility NO
Year of Incorporation 2011 2012
Exchanges BSE, NSE, and MCX. BSE, NSE and MCX
Branches 2500+ 45
Brokerage 0.05% Rs.20/Order or 0.05%
Broker Type Full Service Broker Discount Broker
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Axis Direct Vs Upstox - Account Opening & AMC Charges

Axis Direct Upstox
Trading Account Opening Charge Rs.900 Rs.249
Demat Account Opening Charge Rs.0 (Free) ₹0 (Free)
Demat Account AMC Rs.650 Rs.300/yearly
Trading Account AMC Rs.0 (Free) Rs.0 (Free)
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Axis Direct Vs Upstox - Brokerage charges & Plans

Axis Direct Upstox
Commodity Futures 0.03% Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Futures 0.05% Rs. 20 per executed order or 0.05% (whichever is lower)
Equity Delivery 0.05% Zero brokerage
Equity Options Intraday: ₹0.01 per lot| Carry Forward: ₹10 per lot Flat Rs. 20 per executed order.
Commodity Options ₹15 per lot Flat Rs. 20 per executed order.
Equity Futures 0.05% Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Options Intraday: ₹0.01 per lot| Carry Forward: ₹10 per lot Flat Rs. 20 per executed order.
Fixed Charges 0.05% Rs. 20/Order
Equity Intraday 0.05% Rs. 20 per executed order or 0.05% (whichever is lower)
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Axis Direct Vs Upstox - Other Charges

Axis Direct Upstox
RMS Square Off Charge Rs. 20 per order+ GST
API Charges Does Not Provide API. ₹ 750 * per month
Call & Trade Charges Rs. 20 per order+ GST
Other Brokerage Charges 0.05% Rs.20/Order or 0.05%
Minimum Brokerage 0.05% Rs.20/order
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Axis Direct Vs Upstox - Transaction Charges

Axis Direct Upstox
Currency Options ₹5000 per Cr (0.05%) (on premium) NSE: Exchange turnover charge: 0.04% Clearing charge: 0.025% BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures NSE ₹190 per Cr (0.0019%)| BSE ₹300 per Cr (0.003%) each side NSE: Exchange turnover charge: 0.0020%: Clearing charge: 0.0002%
Equity Intraday NSE ₹325 per Cr (0.00325%)| BSE ₹300 per Cr (0.003%) (each side) NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group
Equity Options NSE ₹5000 per Cr (0.05%)| BSE ₹300 per Cr (On premium) NSE: Exchange turnover charge: 0.053% Clearing charge: 0.005%
Commodity - Non-Agri: Exchange turnover charge: 0.0026% Clearing charge: 0.0005%
Currency Futures ₹190 per Cr (0.0019%) NSE: Exchange turnover charge: 0.0009% Clearing charge: 0.0004% BSE: Exchange turnover charge: 0.00022% Clearing charge: 0.0004%
Equity Delivery NSE ₹325 per Cr (0.00325%)| BSE ₹300 per Cr (0.003%) (each side) NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group
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Axis Direct Vs Upstox - Margin (Exposure)

Axis Direct Upstox
Equity Options 1 time Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday Up to 10 times Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Currency Options 1 time Basic: 3x | Priority: 4x
Commodity Options 1 time 2 times
Commodity Futures 3 times Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery 1 time No extra margins provided
Currency Futures 1 time Basic:3x | Priority:4x |
Equity Futures 1 time Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
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Axis Direct Vs Upstox - Features

Axis Direct Upstox
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 2:45 pm 3:15
Trading Platform 1. Axis Direct Portal (Online Trading Website). 2. Direct Trade (Desktop Trading Application). 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App. 5. Axis Direct Wise Advisor. 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator.
SMS Alerts for Trades
Direct Mutual Fund
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Axis Direct Vs Upstox - Review & Rating

Axis Direct Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Upstox is rated 3.9 of 5
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Axis Direct Vs Upstox - Request a call back from Broker

Axis Direct Upstox
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Axis Direct Vs Upstox - Investment Options

Axis Direct Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Axis Direct Vs Upstox - Order Type

Axis Direct Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Axis Direct Vs Upstox - Research & Report

Axis Direct Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Axis Direct Vs Upstox - Daily Market Report

Axis Direct Upstox
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Axis Direct Vs Upstox - Suitable For Investor

Axis Direct Upstox
Casual Investor
Active Investor
Trader
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Axis Direct Vs Upstox - Pros & Cons

Axis Direct Upstox
Pros 1. It offers three in one account that enables the smooth transfer of funds. 2. It provides elaborated research and reports. 3. It provides various trading software that has very quick and high performance. 4. It provides personal guidance from the experts • Brokerage free trading in Equity delivery segment, which means customer need not to pay any brokerage for delivery trades in equity. • For customers convenience, mobile trading app is available for both android and IOS platforms without any further software charges. • Both web and mobile has After Market Order (AMO), Cover Order (CO) or One Cancel OTHER (OCO) order. • Availability of stop loss in both web and mobile. • Availability of multiple indicators to monitor market. • Upstox bridge for Amibroker helps to code and execute the trading strategies. • Developer console from Upstox helps to build your own trading app. • Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. • Availability of Margin against shares. • For higher leverage, customers can opt for Priority Brokerage Package.
Cons 1. They charge high for brokerage, account opening and even Annual Maintenance charges. 2. The exposure provided by the broker is the least. 3. There is no support for the commodity segment. 4. It charges fees for the trading terminal and charges a nominal fee on monthly basis. • Unavailability of unlimited monthly trading plans. • Extra charge of call and trade fee on per executed order. • In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. • In the basic plan of Upstox, brokerage free trading can be availed only in Equity Delivery Segment. For rest of the segments, brokerage is charged at ₹ 20 or lower per trade. • Even though Upstox basic plan provide brokerage free trading, still demat transaction charges has to be paid by the customer. In fact, if we compare the demat debit transaction charges of Upstox (₹21.83) with other discount brokers (₹15.93), it turns out to be really high. • No provision for stock tips and recommendations. • Unavailability of 3 in 1 account as company doesn’t provide banking services. • Customer support is time constraint. • From Jan 2018 Upstox NRI trading and demat accounts are no longer available. • Unavailability of margin funding on delivery trades.
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Axis Direct Vs Upstox - Background

Axis Direct Upstox
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Axis Direct Vs Upstox - Compare All Brokers

Axis Direct Upstox
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Axis Direct Vs Upstox - Account Opening & AMC Charges

Axis Direct
Upstox
Trading Account Opening Charge
Rs.900
Rs.249
Demat Account Opening Charge
Rs.0 (Free)
₹0 (Free)
Demat Account AMC
Rs.650
Rs.300/yearly
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)
 
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Axis Direct Vs Upstox

Axis Direct Upstox
 

Axis Direct NRI Account Opening, Charges, Services Review

Axis Securities Limited is a full-service broker that is a part of Axis bank, which is a leading private bank in India. The broker provides its services and various other trading financial products to the retail customers in India through Axis Direct brand. It is ranked among the top stock brokers in India with more than 4.2 lakhs active customer ..
+ " Vs "+ Upstox
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Upstox NRI Account Opening, Charges, Services Review

Upstox is one of the most popular discount brokers in the country and a large amount of people are interested in trading through it including not only who resides inside the country but also who live outside the country i.e. NRIs.

NRI Trading Account
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Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Axis Direct Vs Upstox - Brokerage charges & Plans

Axis Direct Upstox
Commodity Futures 0.03% Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Futures 0.05% Rs. 20 per executed order or 0.05% (whichever is lower)
Equity Delivery 0.05% Zero brokerage
Equity Options Intraday: ₹0.01 per lot| Carry Forward: ₹10 per lot Flat Rs. 20 per executed order.
Commodity Options ₹15 per lot Flat Rs. 20 per executed order.
Equity Futures 0.05% Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Options Intraday: ₹0.01 per lot| Carry Forward: ₹10 per lot Flat Rs. 20 per executed order.
Fixed Charges 0.05% Rs. 20/Order
Equity Intraday 0.05% Rs. 20 per executed order or 0.05% (whichever is lower)
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Axis Direct Vs Upstox - Margin (Exposure)

Axis Direct Upstox
Equity Options 1 time Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday Up to 10 times Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Currency Options 1 time Basic: 3x | Priority: 4x
Commodity Options 1 time 2 times
Commodity Futures 3 times Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery 1 time No extra margins provided
Currency Futures 1 time Basic:3x | Priority:4x |
Equity Futures 1 time Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
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Axis Direct Vs Upstox - Other Charges

Axis Direct Upstox
RMS Square Off Charge Rs. 20 per order+ GST
API Charges Does Not Provide API. ₹ 750 * per month
Call & Trade Charges Rs. 20 per order+ GST
Other Brokerage Charges 0.05% Rs.20/Order or 0.05%
Minimum Brokerage 0.05% Rs.20/order
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Axis Direct Vs Upstox - Features

Axis Direct Upstox
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 2:45 pm 3:15
Trading Platform 1. Axis Direct Portal (Online Trading Website). 2. Direct Trade (Desktop Trading Application). 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App. 5. Axis Direct Wise Advisor. 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator.
SMS Alerts for Trades
Direct Mutual Fund
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Axis Direct

Upstox