Zerodha Vs Axis Direct
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Zerodha Vs Axis Direct - Broker Details
| Zerodha | Axis Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2011 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX and NCDEX |
| Branches | 120+ | 2500+ |
| Brokerage | ₹20/ Order or 0.03% | 0.05% |
| Broker Type | Discount Broker | Full Service Broker |
Zerodha Vs Axis Direct - Account Opening & AMC Charges
| Zerodha | Axis Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹900/- |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹750/- |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Zerodha Vs Axis Direct - Brokerage charges & Plans
| Zerodha | Axis Direct | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% |
| Equity Delivery | Zero Brokerage | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹20/ Order | ₹10/ Order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹50/ Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹10/ Order |
| Fixed Charges | ₹20/Order | N/A |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.05% |
Zerodha Vs Axis Direct - Other Charges
| Zerodha | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹2000/ Month | N/A |
| Call & Trade Charges | ₹50/ Order | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | 0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
Zerodha Vs Axis Direct - Transaction Charges
| Zerodha | Axis Direct | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | ₹5000/Cr (0.05%) (on premium) |
| Equity Futures | NSE: 0.002% | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
| Equity Options | NSE: 0.053% (on premium) | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | N/A |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | ₹190/Cr (0.0019%) |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
Zerodha Vs Axis Direct - Margin (Exposure)
| Zerodha | Axis Direct | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Zerodha Vs Axis Direct - Features
| Zerodha | Axis Direct | |
|---|---|---|
| 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 | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. Axis Direct Portal 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 |
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| Direct Mutual Fund |
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Zerodha Vs Axis Direct - Review & Rating
| Zerodha | Axis Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs Axis Direct - Request a call back from Broker
| Zerodha | Axis Direct | |
|---|---|---|
Zerodha Vs Axis Direct - Investment Options
| Zerodha | Axis Direct | |
|---|---|---|
| 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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Zerodha Vs Axis Direct - Order Type
| Zerodha | Axis Direct | |
|---|---|---|
| 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 (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Zerodha Vs Axis Direct - Research & Report
| Zerodha | Axis Direct | |
|---|---|---|
| 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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Zerodha Vs Axis Direct - Daily Market Report
| Zerodha | Axis Direct | |
|---|---|---|
| Daily Market Reports & News |
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Zerodha Vs Axis Direct - Suitable For Investor
| Zerodha | Axis Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Zerodha Vs Axis Direct - Pros & Cons
| Zerodha | Axis Direct | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 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. 5. It has excellent trading platforms. |
| Cons | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 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. |
Zerodha Vs Axis Direct - Background
| Zerodha | Axis Direct | |
|---|---|---|
Zerodha Vs Axis Direct - Compare All Brokers
| Zerodha | Axis Direct | |
|---|---|---|
Zerodha Vs Axis Direct - STT/CTT
| Zerodha | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell side |
| Equity Options | 0.05% on sell side (on premium) | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Zerodha Vs Axis Direct - Demat transaction charges
| Zerodha | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹5/Certificate or ₹50/Request, whichever is higher |
Zerodha Vs Axis Direct - GST
| Zerodha | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Zerodha Vs Axis Direct - SEBI Charges
| Zerodha | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs Axis Direct - Account Opening & AMC Charges
Zerodha
Axis Direct
Trading Account Opening Charge
₹200
₹900/-
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹750/-
Trading Account AMC
₹0 (Free)
₹0 (Free)
Zerodha Vs Axis Direct
| Zerodha | Axis Direct | |
|---|---|---|
Zerodha Review 2024 |
Axis Direct ReviewsAxis Securities Limited is a full-service broker that is a part of Axis bank, Which is a leading private bank in India. Online Axis directs its services and various other trading financial products to the retail customers in India through Axis Direct brand. Axis direct is NSDL or CDSL participant and ranked among the top stock brokers in India with more than 4.2 lakhs active customer .. |
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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.
Zerodha Vs Axis Direct - Brokerage charges & Plans
| Zerodha | Axis Direct | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% |
| Equity Delivery | Zero Brokerage | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹20/ Order | ₹10/ Order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹50/ Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹10/ Order |
| Fixed Charges | ₹20/Order | N/A |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.05% |
| Call Back Open Account |
Zerodha Vs Axis Direct - Margin (Exposure)
| Zerodha | Axis Direct | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Zerodha Vs Axis Direct - Other Charges
| Zerodha | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹2000/ Month | N/A |
| Call & Trade Charges | ₹50/ Order | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | 0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
Zerodha Vs Axis Direct - STT/CTT
| Zerodha | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell side |
| Equity Options | 0.05% on sell side (on premium) | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Zerodha Vs Axis Direct - Demat transaction charges
| Zerodha | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹5/Certificate or ₹50/Request, whichever is higher |
Zerodha Vs Axis Direct - GST
| Zerodha | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Zerodha Vs Axis Direct - SEBI Charges
| Zerodha | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs Axis Direct - Features
| Zerodha | Axis Direct | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. Axis Direct Portal 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 |
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| Direct Mutual Fund |
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| Call Back Open Account |