Axis Direct Vs Eureka
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.
Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Axis Direct Vs Eureka - Broker Details
| Axis Direct | Eureka | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2011 | 1992 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 2500+ | 270 |
| Brokerage | 0.05% | 0.03% |
| Broker Type | Full Service Broker | Full Service broker |
Axis Direct Vs Eureka - Account Opening & AMC Charges
| Axis Direct | Eureka | |
|---|---|---|
| Trading Account Opening Charge | ₹900/- | Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) |
| Demat Account AMC | ₹750/- | Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year |
| Trading Account AMC | ₹0 (Free) | N/A |
Axis Direct Vs Eureka - Brokerage charges & Plans
| Axis Direct | Eureka | |
|---|---|---|
| Commodity Futures | 0.03% | 0.03% |
| Currency Futures | 0.05% | 0.03% |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | 0.30% |
| Equity Options | ₹10/ Order | ₹20 per lot |
| Commodity Options | ₹50/ Lot | 0.03% |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | 0.03% |
| Currency Options | ₹10/ Order | ₹20 per lot |
| Fixed Charges | N/A | 0.03% |
| Equity Intraday | 0.05% | 0.03% |
Axis Direct Vs Eureka - Other Charges
| Axis Direct | Eureka | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | ₹20/Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | ₹20/Order |
| Other Brokerage Charges | 0.05% | 0.03% |
| Minimum Brokerage | 0.05% | 0.03% |
Axis Direct Vs Eureka - Transaction Charges
| Axis Direct | Eureka | |
|---|---|---|
| Currency Options | ₹5000/Cr (0.05%) (on premium) | Exchange txn charge: 0.035% |
| Equity Futures | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) | NSE: 0.0019% |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) | NSE: 0.05% (on premium) |
| Commodity | N/A | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | ₹190/Cr (0.0019%) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Axis Direct Vs Eureka - Margin (Exposure)
| Axis Direct | Eureka | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Axis Direct Vs Eureka - Features
| Axis Direct | Eureka | |
|---|---|---|
| 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 & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 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. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Axis Direct Vs Eureka - Review & Rating
| Axis Direct | Eureka | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Axis Direct Vs Eureka - Request a call back from Broker
| Axis Direct | Eureka | |
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Axis Direct Vs Eureka - Investment Options
| Axis Direct | Eureka | |
|---|---|---|
| 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 Eureka - Order Type
| Axis Direct | Eureka | |
|---|---|---|
| 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 Eureka - Research & Report
| Axis Direct | Eureka | |
|---|---|---|
| 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 Eureka - Daily Market Report
| Axis Direct | Eureka | |
|---|---|---|
| Daily Market Reports & News |
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Axis Direct Vs Eureka - Suitable For Investor
| Axis Direct | Eureka | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Axis Direct Vs Eureka - Pros & Cons
| Axis Direct | Eureka | |
|---|---|---|
| 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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
Axis Direct Vs Eureka - Background
| Axis Direct | Eureka | |
|---|---|---|
Axis Direct Vs Eureka - Compare All Brokers
| Axis Direct | Eureka | |
|---|---|---|
Axis Direct Vs Eureka - STT/CTT
| Axis Direct | Eureka | |
|---|---|---|
| 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) | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Axis Direct Vs Eureka - Demat transaction charges
| Axis Direct | Eureka | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹5 per certificate. Min ₹75 per request |
Axis Direct Vs Eureka - GST
| Axis Direct | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Axis Direct Vs Eureka - SEBI Charges
| Axis Direct | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs Eureka - Account Opening & AMC Charges
Axis Direct
Eureka
Trading Account Opening Charge
₹900/-
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account AMC
₹750/-
Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year
Trading Account AMC
₹0 (Free)
N/A
Axis Direct Vs Eureka
| Axis Direct | Eureka | |
|---|---|---|
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 "+ Eureka |
Eureka Account Opening Charges, Process, and Required Documents Details |
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Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Axis Direct Vs Eureka - Brokerage charges & Plans
| Axis Direct | Eureka | |
|---|---|---|
| Commodity Futures | 0.03% | 0.03% |
| Currency Futures | 0.05% | 0.03% |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | 0.30% |
| Equity Options | ₹10/ Order | ₹20 per lot |
| Commodity Options | ₹50/ Lot | 0.03% |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | 0.03% |
| Currency Options | ₹10/ Order | ₹20 per lot |
| Fixed Charges | N/A | 0.03% |
| Equity Intraday | 0.05% | 0.03% |
Axis Direct Vs Eureka - Margin (Exposure)
| Axis Direct | Eureka | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Axis Direct Vs Eureka - Other Charges
| Axis Direct | Eureka | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | ₹20/Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | ₹20/Order |
| Other Brokerage Charges | 0.05% | 0.03% |
| Minimum Brokerage | 0.05% | 0.03% |
Axis Direct Vs Eureka - STT/CTT
| Axis Direct | Eureka | |
|---|---|---|
| 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) | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Axis Direct Vs Eureka - Demat transaction charges
| Axis Direct | Eureka | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹5 per certificate. Min ₹75 per request |
Axis Direct Vs Eureka - GST
| Axis Direct | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Axis Direct Vs Eureka - SEBI Charges
| Axis Direct | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs Eureka - Features
| Axis Direct | Eureka | |
|---|---|---|
| Online Portfolio |
|
|
| 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 & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 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. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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