Axis Direct Vs Fyers
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.
Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Axis Direct Vs Fyers - Broker Details
| Axis Direct | Fyers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2011 | 2015 |
| Exchanges | BSE, NSE, MCX and NCDEX | BSE, NSE, MCX. |
| Branches | 2500+ | Zero |
| Brokerage | 0.05% | ₹20/ Order or 0.03% ( Whichever is lower) |
| Broker Type | Full Service Broker | Discount Broker |
Axis Direct Vs Fyers - Account Opening & AMC Charges
| Axis Direct | Fyers | |
|---|---|---|
| Trading Account Opening Charge | ₹900/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750/- | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Axis Direct Vs Fyers - Brokerage charges & Plans
| Axis Direct | Fyers | |
|---|---|---|
| Commodity Futures | 0.03% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.05% | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | ₹0 |
| Equity Options | ₹10/ Order | ₹20/ Order |
| Commodity Options | ₹50/ Lot | ₹20/ Order |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹10/ Order | ₹20/ Order |
| Fixed Charges | N/A | ₹20/ Order |
| Equity Intraday | 0.05% | ₹20/ Order or 0.03% (whichever is lower)r |
Axis Direct Vs Fyers - Other Charges
| Axis Direct | Fyers | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | (₹50 + GST) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | (₹50 + GST) |
| Other Brokerage Charges | 0.05% | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.05% | ₹20/ Order |
Axis Direct Vs Fyers - Transaction Charges
| Axis Direct | Fyers | |
|---|---|---|
| Currency Options | ₹5000/Cr (0.05%) (on premium) | ₹5900/ Cr(on premium) (0.059%) |
| Equity Futures | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) | ₹240/ Cr (0.0024%) |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | ₹325/ Cr (0.00325%) |
| Equity Options | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) | ₹5900/ Cr (on premium) (0.059%) |
| Commodity | N/A | NA |
| Currency Futures | ₹190/Cr (0.0019%) | ₹240/ Cr (0.0024%) |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | ₹325/ Cr (0.00325%) |
Axis Direct Vs Fyers - Margin (Exposure)
| Axis Direct | Fyers | |
|---|---|---|
| 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) |
Axis Direct Vs Fyers - Features
| Axis Direct | Fyers | |
|---|---|---|
| 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:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM |
| Trading Platform | 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 | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Axis Direct Vs Fyers - Review & Rating
| Axis Direct | Fyers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Axis Direct Vs Fyers - Request a call back from Broker
| Axis Direct | Fyers | |
|---|---|---|
Axis Direct Vs Fyers - Investment Options
| Axis Direct | Fyers | |
|---|---|---|
| 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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Axis Direct Vs Fyers - Order Type
| Axis Direct | Fyers | |
|---|---|---|
| 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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Axis Direct Vs Fyers - Research & Report
| Axis Direct | Fyers | |
|---|---|---|
| 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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Axis Direct Vs Fyers - Daily Market Report
| Axis Direct | Fyers | |
|---|---|---|
| Daily Market Reports & News |
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Axis Direct Vs Fyers - Suitable For Investor
| Axis Direct | Fyers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Axis Direct Vs Fyers - Pros & Cons
| Axis Direct | Fyers | |
|---|---|---|
| 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. 5. It has excellent trading platforms. | 1.Free equity delivery trading 2.The brokerage rate charged by FYERS is ultra-low, Flat ₹20 per trade 3.Quick implementation of new features and services through in-house build trading platform. 4.Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. 5.Investment opportunities in group of stocks through Thematic Investing. 6.Transparency in fee charging i.e. there are no hidden charges. 7.Availability of trading software’s that too completely free. |
| 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. | 1.Higher exchange transaction charges in comparison to other discount brokers. 2. Lack of professional team for market analysis. 3.Depository Services are not provided. 4.FYERS does not provide commodity trading services 5.Customer service lines are not toll free. |
Axis Direct Vs Fyers - Background
| Axis Direct | Fyers | |
|---|---|---|
Axis Direct Vs Fyers - Compare All Brokers
| Axis Direct | Fyers | |
|---|---|---|
Axis Direct Vs Fyers - STT/CTT
| Axis Direct | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on the sell value |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on sell value |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% on sell value (Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.10% |
| Equity Futures | 0.01% on sell side | 0.01% on sell value |
| Commodity Options | 0.05% on sell side | 0.05% on the sell value |
Axis Direct Vs Fyers - Demat transaction charges
| Axis Direct | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹7 + ₹5.5 (CDSL Charges) |
Axis Direct Vs Fyers - GST
| Axis Direct | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction charges) |
Axis Direct Vs Fyers - SEBI Charges
| Axis Direct | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs Fyers - Account Opening & AMC Charges
Axis Direct
Fyers
Trading Account Opening Charge
₹900/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750/-
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Axis Direct Vs Fyers
| Axis Direct | Fyers | |
|---|---|---|
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 .. + " Vs "+ Fyers |
FYERS Review 2024 | Brokerage Charges, Account OpeningFYERS Securities is a Bangalore based discount broker, offering trade in Equity cash, F&O and Currency Derivatives segments at NSE, BSE and MCX. Being incorporated in 2015, the firm focuses on providing services at low brokerage rates. In fact, FYERS is an acronym of “Focus Your Energy & Reform t .. |
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Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Axis Direct Vs Fyers - Brokerage charges & Plans
| Axis Direct | Fyers | |
|---|---|---|
| Commodity Futures | 0.03% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.05% | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | ₹0 |
| Equity Options | ₹10/ Order | ₹20/ Order |
| Commodity Options | ₹50/ Lot | ₹20/ Order |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹10/ Order | ₹20/ Order |
| Fixed Charges | N/A | ₹20/ Order |
| Equity Intraday | 0.05% | ₹20/ Order or 0.03% (whichever is lower)r |
| Call Back Open Account |
Axis Direct Vs Fyers - Margin (Exposure)
| Axis Direct | Fyers | |
|---|---|---|
| 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) |
Axis Direct Vs Fyers - Other Charges
| Axis Direct | Fyers | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | (₹50 + GST) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | (₹50 + GST) |
| Other Brokerage Charges | 0.05% | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.05% | ₹20/ Order |
Axis Direct Vs Fyers - STT/CTT
| Axis Direct | Fyers | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on the sell value |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on sell value |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% on sell value (Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.10% |
| Equity Futures | 0.01% on sell side | 0.01% on sell value |
| Commodity Options | 0.05% on sell side | 0.05% on the sell value |
Axis Direct Vs Fyers - Demat transaction charges
| Axis Direct | Fyers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹7 + ₹5.5 (CDSL Charges) |
Axis Direct Vs Fyers - GST
| Axis Direct | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction charges) |
Axis Direct Vs Fyers - SEBI Charges
| Axis Direct | Fyers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs Fyers - Features
| Axis Direct | Fyers | |
|---|---|---|
| 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:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM |
| Trading Platform | 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 | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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