Definedge Securities Vs Axis Direct
Definedge Securities
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.
Definedge Securities Vs Axis Direct - Broker Details
| Definedge Securities | Axis Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2011 |
| Exchanges | NSE, BSE, MCX and NCDEX. | BSE, NSE, MCX and NCDEX |
| Branches | 270 | 2500+ |
| Brokerage | ₹18 per executed order | 0.05% |
| Broker Type | Discount Broker | Full Service Broker |
Definedge Securities Vs Axis Direct - Account Opening & AMC Charges
| Definedge Securities | Axis Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹180 | ₹900/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹750/- |
| Trading Account AMC | ₹300 AMC | ₹0 (Free) |
Definedge Securities Vs Axis Direct - Brokerage charges & Plans
| Definedge Securities | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.03% |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | 0.05% |
| Equity Delivery | ₹0 (Free) | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹18 per executed order | ₹10/ Order |
| Commodity Options | ₹18 per executed order | ₹50/ Lot |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | ₹18 per executed order | ₹10/ Order |
| Fixed Charges | ₹18 per executed order | N/A |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | 0.05% |
Definedge Securities Vs Axis Direct - Other Charges
| Definedge Securities | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹36/- per order | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | ₹18 per executed order | 0.05% |
| Minimum Brokerage | ₹18 per executed order | 0.05% |
Definedge Securities Vs Axis Direct - Transaction Charges
| Definedge Securities | Axis Direct | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | ₹5000/Cr (0.05%) (on premium) |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | N/A |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | ₹190/Cr (0.0019%) |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
Definedge Securities Vs Axis Direct - Margin (Exposure)
| Definedge Securities | Axis Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Definedge Securities Vs Axis Direct - Features
| Definedge Securities | 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 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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Definedge Securities Vs Axis Direct - Review & Rating
| Definedge Securities | Axis Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Definedge Securities Vs Axis Direct - Request a call back from Broker
| Definedge Securities | Axis Direct | |
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Definedge Securities Vs Axis Direct - Investment Options
| Definedge Securities | Axis Direct | |
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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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Definedge Securities Vs Axis Direct - Order Type
| Definedge Securities | Axis Direct | |
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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 (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Definedge Securities Vs Axis Direct - Research & Report
| Definedge Securities | Axis Direct | |
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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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Definedge Securities Vs Axis Direct - Daily Market Report
| Definedge Securities | Axis Direct | |
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| Daily Market Reports & News |
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Definedge Securities Vs Axis Direct - Suitable For Investor
| Definedge Securities | Axis Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Definedge Securities Vs Axis Direct - Pros & Cons
| Definedge Securities | Axis Direct | |
|---|---|---|
| Pros | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. | 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. | 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. |
Definedge Securities Vs Axis Direct - Background
| Definedge Securities | Axis Direct | |
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Definedge Securities Vs Axis Direct - Compare All Brokers
| Definedge Securities | Axis Direct | |
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Definedge Securities Vs Axis Direct - STT/CTT
| Definedge Securities | 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 | 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 |
Definedge Securities Vs Axis Direct - Demat transaction charges
| Definedge Securities | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹5/Certificate or ₹50/Request, whichever is higher |
Definedge Securities Vs Axis Direct - GST
| Definedge Securities | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Definedge Securities Vs Axis Direct - SEBI Charges
| Definedge Securities | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs Axis Direct - Account Opening & AMC Charges
Definedge Securities
Axis Direct
Trading Account Opening Charge
₹180
₹900/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300
₹750/-
Trading Account AMC
₹300 AMC
₹0 (Free)
Definedge Securities Vs Axis Direct
| Definedge Securities | Axis Direct | |
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Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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.
Definedge Securities Vs Axis Direct - Brokerage charges & Plans
| Definedge Securities | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.03% |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | 0.05% |
| Equity Delivery | ₹0 (Free) | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹18 per executed order | ₹10/ Order |
| Commodity Options | ₹18 per executed order | ₹50/ Lot |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | ₹18 per executed order | ₹10/ Order |
| Fixed Charges | ₹18 per executed order | N/A |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | 0.05% |
Definedge Securities Vs Axis Direct - Margin (Exposure)
| Definedge Securities | Axis Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Definedge Securities Vs Axis Direct - Other Charges
| Definedge Securities | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹36/- per order | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | ₹18 per executed order | 0.05% |
| Minimum Brokerage | ₹18 per executed order | 0.05% |
Definedge Securities Vs Axis Direct - STT/CTT
| Definedge Securities | 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 | 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 |
Definedge Securities Vs Axis Direct - Demat transaction charges
| Definedge Securities | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹5/Certificate or ₹50/Request, whichever is higher |
Definedge Securities Vs Axis Direct - GST
| Definedge Securities | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Definedge Securities Vs Axis Direct - SEBI Charges
| Definedge Securities | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs Axis Direct - Features
| Definedge Securities | 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 | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 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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