Balaji Equities Ltd Vs Axis Direct
Balaji Equities Ltd
Balaji Equities Ltd 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.
Balaji Equities Ltd Vs Axis Direct - Broker Details
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Single Margin Facility | Yes |
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| Year of Incorporation | 2000 | 2011 |
| Exchanges | NSE, BSE, MCX | BSE, NSE, MCX and NCDEX |
| Branches | N/A | 2500+ |
| Brokerage | 2.5% | 0.05% |
| Broker Type | Discount Broker | Full Service Broker |
Balaji Equities Ltd Vs Axis Direct - Account Opening & AMC Charges
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹900/- |
| Demat Account Opening Charge | ₹500/- | ₹0 (Free) |
| Demat Account AMC | ₹300 per year | ₹750/- |
| Trading Account AMC | NA | ₹0 (Free) |
Balaji Equities Ltd Vs Axis Direct - Brokerage charges & Plans
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Commodity Futures | 2.5% | 0.03% |
| Currency Futures | 2.5% | 0.05% |
| Equity Delivery | N/A | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹100/Lot | ₹10/ Order |
| Commodity Options | ₹100/Lot | ₹50/ Lot |
| Equity Futures | ₹100/Lot | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | ₹100/Lot | ₹10/ Order |
| Fixed Charges | 2.5% | N/A |
| Equity Intraday | 2.5% | 0.05% |
Balaji Equities Ltd Vs Axis Direct - Other Charges
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/ Order | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | 2.5% | 0.05% |
| Minimum Brokerage | 2.5% | 0.05% |
Balaji Equities Ltd Vs Axis Direct - Transaction Charges
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Currency Options | NSE : 0.046% | ₹5000/Cr (0.05%) (on premium) |
| Equity Futures | 0.01% on Sell Side | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) |
| Equity Intraday | NSE : 0.00325% | BSE : 0.00275% | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
| Equity Options | 0.05% on Sell Side(on Premium) | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) |
| Commodity | MCX : 0.00260% | NCDEX : 0.00400% | N/A |
| Currency Futures | NSE : 0.00135% | ₹190/Cr (0.0019%) |
| Equity Delivery | NSE : 0.00325% | BSE : 0.00275% | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
Balaji Equities Ltd Vs Axis Direct - Margin (Exposure)
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure)1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Balaji Equities Ltd Vs Axis Direct - Features
| Balaji Equities Ltd | 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: 3:15 PM | Equity F&O : 3:20 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 | 1. BELT Web Trading Platform, 2. BELtrade APP | 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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Balaji Equities Ltd Vs Axis Direct - Review & Rating
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Balaji Equities Ltd Vs Axis Direct - Request a call back from Broker
| Balaji Equities Ltd | Axis Direct | |
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Balaji Equities Ltd Vs Axis Direct - Investment Options
| Balaji Equities Ltd | 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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Balaji Equities Ltd Vs Axis Direct - Order Type
| Balaji Equities Ltd | 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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Balaji Equities Ltd Vs Axis Direct - Research & Report
| Balaji Equities Ltd | 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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Balaji Equities Ltd Vs Axis Direct - Daily Market Report
| Balaji Equities Ltd | Axis Direct | |
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| Daily Market Reports & News |
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Balaji Equities Ltd Vs Axis Direct - Suitable For Investor
| Balaji Equities Ltd | Axis Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Balaji Equities Ltd Vs Axis Direct - Pros & Cons
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Pros | 1. Diverse Investment Options, 2. Excellent customer service, 3. advanced technology platforms, 4. offer educational resources and training programs to help investors enhance their financial, 5. Research and analysis tools to help investors make informed decision. | 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. Limited Research Coverage 2. Limited Technology Offering, 3. Limited Product Offerings, 4. Regulatory Risks. | 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. |
Balaji Equities Ltd Vs Axis Direct - Background
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
Balaji Equities Ltd Vs Axis Direct - Compare All Brokers
| Balaji Equities Ltd | Axis Direct | |
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Balaji Equities Ltd Vs Axis Direct - STT/CTT
| Balaji Equities Ltd | 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 both Buy and 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 |
Balaji Equities Ltd Vs Axis Direct - Demat transaction charges
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 per order | ₹5/Certificate or ₹50/Request, whichever is higher |
Balaji Equities Ltd Vs Axis Direct - GST
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Balaji Equities Ltd Vs Axis Direct - SEBI Charges
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Balaji Equities Ltd Vs Axis Direct - Account Opening & AMC Charges
Balaji Equities Ltd
Axis Direct
Trading Account Opening Charge
₹0 (Free)
₹900/-
Demat Account Opening Charge
₹500/-
₹0 (Free)
Demat Account AMC
₹300 per year
₹750/-
Trading Account AMC
NA
₹0 (Free)
Balaji Equities Ltd Vs Axis Direct
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
Balaji Equities Ltd Account Opening Process and Charges Detail |
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.
Balaji Equities Ltd Vs Axis Direct - Brokerage charges & Plans
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Commodity Futures | 2.5% | 0.03% |
| Currency Futures | 2.5% | 0.05% |
| Equity Delivery | N/A | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹100/Lot | ₹10/ Order |
| Commodity Options | ₹100/Lot | ₹50/ Lot |
| Equity Futures | ₹100/Lot | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | ₹100/Lot | ₹10/ Order |
| Fixed Charges | 2.5% | N/A |
| Equity Intraday | 2.5% | 0.05% |
Balaji Equities Ltd Vs Axis Direct - Margin (Exposure)
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure)1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Balaji Equities Ltd Vs Axis Direct - Other Charges
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/ Order | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | 2.5% | 0.05% |
| Minimum Brokerage | 2.5% | 0.05% |
Balaji Equities Ltd Vs Axis Direct - STT/CTT
| Balaji Equities Ltd | 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 both Buy and 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 |
Balaji Equities Ltd Vs Axis Direct - Demat transaction charges
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 per order | ₹5/Certificate or ₹50/Request, whichever is higher |
Balaji Equities Ltd Vs Axis Direct - GST
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Balaji Equities Ltd Vs Axis Direct - SEBI Charges
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Balaji Equities Ltd Vs Axis Direct - Features
| Balaji Equities Ltd | Axis Direct | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity Cash: 3:15 PM | Equity F&O : 3:20 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 | 1. BELT Web Trading Platform, 2. BELtrade APP | 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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