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 | |
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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 |
Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Account Opening & AMC Charges
Axis Direct | Upstox | |
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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) |
Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Brokerage charges & Plans
Axis Direct | Upstox | |
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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) |
Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Other Charges
Axis Direct | Upstox | |
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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 |
Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Transaction Charges
Axis Direct | Upstox | |
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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 |
Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Margin (Exposure)
Axis Direct | Upstox | |
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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 |
Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Features
Axis Direct | Upstox | |
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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 | 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 |
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Direct Mutual Fund |
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Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Review & Rating
Axis Direct | Upstox | |
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Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | Upstox is rated 3.9 of 5 | |
Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Request a call back from Broker
Axis Direct | Upstox | |
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Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Investment Options
Axis Direct | Upstox | |
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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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Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Order Type
Axis Direct | Upstox | |
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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 |
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After Market Order(AMO) |
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STBT |
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Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Research & Report
Axis Direct | Upstox | |
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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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Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Daily Market Report
Axis Direct | Upstox | |
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Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Suitable For Investor
Axis Direct | Upstox | |
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Casual Investor |
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Active Investor |
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Trader |
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Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Pros & Cons
Axis Direct | Upstox | |
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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. |
Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Background
Axis Direct | Upstox | |
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Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Compare All Brokers
Axis Direct | Upstox | |
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Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Account Opening & AMC Charges
Axis Direct Vs Upstox
Axis Direct | Upstox | |
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Axis Direct NRI Account ReviewAxis 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 customers.
+ " Vs "+ Upstox
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Upstox NRI Account OpeningUpstox 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) |
Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
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 |
Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
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 |
Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |
Axis Direct Vs Upstox - Features
Axis Direct | Upstox | |
---|---|---|
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 | 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 |
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Direct Mutual Fund |
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Enquiry with Axis Direct Open Account | Enquiry with Upstox Open Account |