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Comparision (Upstox VS Axis Direct)

 

Upstox Vs Axis Direct

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.


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
Year of Incorporation 2009 2011
Exchanges BSE, NSE and MCX BSE, NSE, MCX and NCDEX
Branches Zero 2500+
Brokerage ₹20/ Order or 0.05% (Whichever is lower) 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 ₹0 (Free) ₹900/-
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹750/-
Trading Account AMC ₹0 (Free) ₹0 (Free)
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Upstox Vs Axis Direct - Brokerage charges & Plans

Upstox Axis Direct
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03%
Currency Futures ₹20/ Order or 0.05% (whichever is lower) 0.05%
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) 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 ₹50/ Lot
Equity Futures ₹20/ Order or 0.05% (whichever is lower) Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01%
Currency Options ₹20/ Order ₹10/ Order
Fixed Charges ₹20/ Order N/A
Equity Intraday ₹20/ 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 (₹50 + GST) Intraday:- ₹0/- | Carry forward:- ₹10/Lot
API Charges ₹0 (Free) N/A
Call & Trade Charges (₹50 + GST) ₹20/ Call (20th call/ Month)
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) 0.05%
Minimum Brokerage ₹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/Cr (0.05%) (on premium)
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side)
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side)
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium)
Commodity Non-Agri: Exchange turnover charge: 0.0026% N/A
Currency Futures NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% ₹190/Cr (0.0019%)
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side)
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Upstox Vs Axis Direct - Margin (Exposure)

Upstox Axis Direct
Equity Options Option Sell: 1x | Option Buying: No Margin 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 margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 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 (no margin) 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)
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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 Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 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 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
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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 (SL-M)
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
Daily Market Reports & News
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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 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. 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. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.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 - STT/CTT

Upstox Axis Direct
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the sell side
Equity Options 0.05% only on sell 0.05% on sell side (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.01% on sell side
Commodity Options 0.05% on sell trade 0.05% on sell side
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Upstox Vs Axis Direct - Demat transaction charges

Upstox Axis Direct
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹5/Certificate or ₹50/Request, whichever is higher
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Upstox Vs Axis Direct - GST

Upstox Axis Direct
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charge + SEBI Fee)
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Upstox Vs Axis Direct - SEBI Charges

Upstox Axis Direct
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
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Upstox Vs Axis Direct - Account Opening & AMC Charges

Upstox
Axis Direct
Trading Account Opening Charge
₹0 (Free)
₹900/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹750/-
Trading Account AMC
₹0 (Free)
₹0 (Free)

Upstox Vs Axis Direct

Upstox Axis Direct
 

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

+ " Vs "+ Axis Direct

Axis Direct Reviews

Axis 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 ..
 
 

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 ₹20/ Order or 0.05% (whichever is lower) 0.03%
Currency Futures ₹20/ Order or 0.05% (whichever is lower) 0.05%
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) 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 ₹50/ Lot
Equity Futures ₹20/ Order or 0.05% (whichever is lower) Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01%
Currency Options ₹20/ Order ₹10/ Order
Fixed Charges ₹20/ Order N/A
Equity Intraday ₹20/ 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: 1x | Option Buying: No Margin 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 margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 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 (no margin) 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)
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Upstox Vs Axis Direct - Other Charges

Upstox Axis Direct
RMS Square Off Charge (₹50 + GST) Intraday:- ₹0/- | Carry forward:- ₹10/Lot
API Charges ₹0 (Free) N/A
Call & Trade Charges (₹50 + GST) ₹20/ Call (20th call/ Month)
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) 0.05%
Minimum Brokerage ₹20/ Order 0.05%
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Upstox Vs Axis Direct - STT/CTT

Upstox Axis Direct
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the sell side
Equity Options 0.05% only on sell 0.05% on sell side (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.01% on sell side
Commodity Options 0.05% on sell trade 0.05% on sell side
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Upstox Vs Axis Direct - Demat transaction charges

Upstox Axis Direct
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹5/Certificate or ₹50/Request, whichever is higher
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Upstox Vs Axis Direct - GST

Upstox Axis Direct
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charge + SEBI Fee)
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Upstox Vs Axis Direct - SEBI Charges

Upstox Axis Direct
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
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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 Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 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 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

Axis Direct