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Comparision (Upstox VS Axis Direct)

Upstox Vs Axis Direct

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
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 Vs Axis Direct - Broker Details

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

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

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

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

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

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

Upstox Axis Direct
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 3:15 2:45 pm
Trading Platform 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. 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.
SMS Alerts for Trades
Direct Mutual Fund
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Upstox Vs Axis Direct - Review & Rating

Upstox Axis Direct
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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Upstox Vs Axis Direct - Request a call back from Broker

Upstox Axis Direct
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Upstox Vs Axis Direct - Investment Options

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

Upstox Axis Direct
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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Upstox Vs Axis Direct - Research & Report

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

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

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

Upstox Axis Direct
Pros • 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. 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
Cons • 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. 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.
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Upstox Vs Axis Direct - Background

Upstox Axis Direct
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Upstox Vs Axis Direct - Compare All Brokers

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

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

Upstox Vs Axis Direct

Upstox Axis Direct
 

Upstox NRI Account Opening

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
+ " Vs "+ Axis Direct

Axis Direct NRI Account 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 customers.
 
 

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 Vs Axis Direct - Brokerage charges & Plans

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

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

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

Upstox Axis Direct
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 3:15 2:45 pm
Trading Platform 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. 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.
SMS Alerts for Trades
Direct Mutual Fund
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