Axis Direct Vs Finvasia
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.
Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
Axis Direct Vs Finvasia - Broker Details
| Axis Direct | Finvasia | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2011 | 2012 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 2500+ | Zero |
| Brokerage | 0.05% | ₹0 (Free) |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Axis Direct Vs Finvasia - Account Opening & AMC Charges
| Axis Direct | Finvasia | |
|---|---|---|
| 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) |
| Call Back Open Account |
Axis Direct Vs Finvasia - Brokerage charges & Plans
| Axis Direct | Finvasia | |
|---|---|---|
| Commodity Futures | 0.03% | ₹0 (Free) |
| Currency Futures | 0.05% | ₹0 (Free) |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | ₹0 (Free) |
| Equity Options | ₹10/ Order | ₹0 (Free) |
| Commodity Options | ₹50/ Lot | ₹0 (Free) |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | ₹0 (Free) |
| Currency Options | ₹10/ Order | ₹0 (Free) |
| Fixed Charges | N/A | ₹0 (Free) |
| Equity Intraday | 0.05% | ₹0 (Free) |
| Call Back Open Account |
Axis Direct Vs Finvasia - Other Charges
| Axis Direct | Finvasia | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | ₹0 (Free) |
| Other Brokerage Charges | 0.05% | ₹0 (Free) |
| Minimum Brokerage | 0.05% | ₹0 (Free) |
| Call Back Open Account |
Axis Direct Vs Finvasia - Transaction Charges
| Axis Direct | Finvasia | |
|---|---|---|
| Currency Options | ₹5000/Cr (0.05%) (on premium) | ₹4000/Cr of premium |
| Equity Futures | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) | ₹325/Cr |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | ₹325/Cr |
| Equity Options | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) | ₹5000/Cr |
| Commodity | N/A | ₹260/Cr |
| Currency Futures | ₹190/Cr (0.0019%) | ₹115/Cr |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | ₹325/Cr |
| Call Back Open Account |
Axis Direct Vs Finvasia - Margin (Exposure)
| Axis Direct | Finvasia | |
|---|---|---|
| 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) |
| Call Back Open Account |
Axis Direct Vs Finvasia - Features
| Axis Direct | Finvasia | |
|---|---|---|
| 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:- 3:20 PM | Currency: 4:45 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.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Axis Direct Vs Finvasia - Review & Rating
| Axis Direct | Finvasia | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Axis Direct Vs Finvasia - Request a call back from Broker
| Axis Direct | Finvasia | |
|---|---|---|
| Call Back Open Account |
Axis Direct Vs Finvasia - Investment Options
| Axis Direct | Finvasia | |
|---|---|---|
| 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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| Call Back Open Account |
Axis Direct Vs Finvasia - Order Type
| Axis Direct | Finvasia | |
|---|---|---|
| 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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| Call Back Open Account |
Axis Direct Vs Finvasia - Research & Report
| Axis Direct | Finvasia | |
|---|---|---|
| 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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| Call Back Open Account |
Axis Direct Vs Finvasia - Daily Market Report
| Axis Direct | Finvasia | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Axis Direct Vs Finvasia - Suitable For Investor
| Axis Direct | Finvasia | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Axis Direct Vs Finvasia - Pros & Cons
| Axis Direct | Finvasia | |
|---|---|---|
| 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.They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's. 2. Trading and Demat Account opening is FREE. 3.Online Chat support is available on its website. 4.Online IPO Application is available with Finvasia. 5.Five minutes online paperless account opening is available through eKYC and AADHAAR ESign. |
| 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.Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors. 2.Scalpter (trading website) has only 1 min charting frame. 3.Doesn't offer a 3-in-1 account. 4. Trading platforms like NEST and NOW are chargeable. |
| Call Back Open Account |
Axis Direct Vs Finvasia - Background
| Axis Direct | Finvasia | |
|---|---|---|
| Call Back Open Account |
Axis Direct Vs Finvasia - Compare All Brokers
| Axis Direct | Finvasia | |
|---|---|---|
| Call Back Open Account |
Axis Direct Vs Finvasia - STT/CTT
| Axis Direct | Finvasia | |
|---|---|---|
| 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 buy & sell | 0.1% on both Buy and 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 |
| Call Back Open Account |
Axis Direct Vs Finvasia - Demat transaction charges
| Axis Direct | Finvasia | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹9 + Gst per scrip only on sell |
| Call Back Open Account |
Axis Direct Vs Finvasia - GST
| Axis Direct | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Axis Direct Vs Finvasia - SEBI Charges
| Axis Direct | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Axis Direct Vs Finvasia - Account Opening & AMC Charges
Axis Direct
Finvasia
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 Finvasia
| Axis Direct | Finvasia | |
|---|---|---|
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 "+ Finvasia |
Finvasia Review | Brokerage Charges, Account Opening‘Simply Commission Free’ is a tagline of Finvasia which strongly believes that adding value & quality to the products & services will have more meaning in the future rather than charging brokerage. Finvasia financial services private limited .. |
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Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
Axis Direct Vs Finvasia - Brokerage charges & Plans
| Axis Direct | Finvasia | |
|---|---|---|
| Commodity Futures | 0.03% | ₹0 (Free) |
| Currency Futures | 0.05% | ₹0 (Free) |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | ₹0 (Free) |
| Equity Options | ₹10/ Order | ₹0 (Free) |
| Commodity Options | ₹50/ Lot | ₹0 (Free) |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | ₹0 (Free) |
| Currency Options | ₹10/ Order | ₹0 (Free) |
| Fixed Charges | N/A | ₹0 (Free) |
| Equity Intraday | 0.05% | ₹0 (Free) |
| Call Back Open Account |
Axis Direct Vs Finvasia - Margin (Exposure)
| Axis Direct | Finvasia | |
|---|---|---|
| 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) |
| Call Back Open Account |
Axis Direct Vs Finvasia - Other Charges
| Axis Direct | Finvasia | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | ₹0 (Free) |
| Other Brokerage Charges | 0.05% | ₹0 (Free) |
| Minimum Brokerage | 0.05% | ₹0 (Free) |
Axis Direct Vs Finvasia - STT/CTT
| Axis Direct | Finvasia | |
|---|---|---|
| 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 buy & sell | 0.1% on both Buy and 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 |
Axis Direct Vs Finvasia - Demat transaction charges
| Axis Direct | Finvasia | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹9 + Gst per scrip only on sell |
Axis Direct Vs Finvasia - GST
| Axis Direct | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Axis Direct Vs Finvasia - SEBI Charges
| Axis Direct | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs Finvasia - Features
| Axis Direct | Finvasia | |
|---|---|---|
| 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:- 3:20 PM | Currency: 4:45 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.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |