Axis Direct Vs FundsIndia
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.
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Axis Direct Vs FundsIndia - Broker Details
| Axis Direct | FundsIndia | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2011 | 2009 |
| Exchanges | BSE, NSE, MCX and NCDEX | Sebi |
| Branches | 2500+ | Zero |
| Brokerage | 0.05% | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Broker Type | Full Service Broker | Full Service Broker |
| Call Back Open Account |
Axis Direct Vs FundsIndia - Account Opening & AMC Charges
| Axis Direct | FundsIndia | |
|---|---|---|
| Trading Account Opening Charge | ₹900/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750/- | ₹200 /-(Service Tax) 2nd Year onwards |
| Trading Account AMC | ₹0 (Free) | N/A |
| Call Back Open Account |
Axis Direct Vs FundsIndia - Brokerage charges & Plans
| Axis Direct | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.05% | N/A |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | 0.01% |
| Equity Options | ₹10/ Order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Commodity Options | ₹50/ Lot | N/A |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Currency Options | ₹10/ Order | N/A |
| Fixed Charges | N/A | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Equity Intraday | 0.05% | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Call Back Open Account |
Axis Direct Vs FundsIndia - Other Charges
| Axis Direct | FundsIndia | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | N/A |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | N/A |
| Other Brokerage Charges | 0.05% | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Minimum Brokerage | 0.05% | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Call Back Open Account |
Axis Direct Vs FundsIndia - Transaction Charges
| Axis Direct | FundsIndia | |
|---|---|---|
| Currency Options | ₹5000/Cr (0.05%) (on premium) | N/A |
| Equity Futures | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) | 0.0035% on turnover |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | 0.0035% on turnover |
| Equity Options | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) | 0.0035% on turnover |
| Commodity | N/A | N/A |
| Currency Futures | ₹190/Cr (0.0019%) | N/A |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | 0.1% on the transaction amount |
| Call Back Open Account |
Axis Direct Vs FundsIndia - Margin (Exposure)
| Axis Direct | FundsIndia | |
|---|---|---|
| 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) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Axis Direct Vs FundsIndia - Features
| Axis Direct | FundsIndia | |
|---|---|---|
| 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. |
| 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.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Axis Direct Vs FundsIndia - Review & Rating
| Axis Direct | FundsIndia | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Axis Direct Vs FundsIndia - Request a call back from Broker
| Axis Direct | FundsIndia | |
|---|---|---|
| Call Back Open Account |
Axis Direct Vs FundsIndia - Investment Options
| Axis Direct | FundsIndia | |
|---|---|---|
| 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 FundsIndia - Order Type
| Axis Direct | FundsIndia | |
|---|---|---|
| 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 FundsIndia - Research & Report
| Axis Direct | FundsIndia | |
|---|---|---|
| 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 FundsIndia - Daily Market Report
| Axis Direct | FundsIndia | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Axis Direct Vs FundsIndia - Suitable For Investor
| Axis Direct | FundsIndia | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Axis Direct Vs FundsIndia - Pros & Cons
| Axis Direct | FundsIndia | |
|---|---|---|
| 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.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. |
| 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.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. |
| Call Back Open Account |
Axis Direct Vs FundsIndia - Background
| Axis Direct | FundsIndia | |
|---|---|---|
| Call Back Open Account |
Axis Direct Vs FundsIndia - Compare All Brokers
| Axis Direct | FundsIndia | |
|---|---|---|
| Call Back Open Account |
Axis Direct Vs FundsIndia - STT/CTT
| Axis Direct | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | N/A |
| 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 | N/A |
| Equity Delivery | 0.1% on buy & 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 | N/A |
| Call Back Open Account |
Axis Direct Vs FundsIndia - Demat transaction charges
| Axis Direct | FundsIndia | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹15 + Gst per scrip only on sell |
| Call Back Open Account |
Axis Direct Vs FundsIndia - GST
| Axis Direct | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Axis Direct Vs FundsIndia - SEBI Charges
| Axis Direct | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Axis Direct Vs FundsIndia - Account Opening & AMC Charges
Axis Direct
FundsIndia
Trading Account Opening Charge
₹900/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750/-
₹200 /-(Service Tax) 2nd Year onwards
Trading Account AMC
₹0 (Free)
N/A
Axis Direct Vs FundsIndia
| Axis Direct | FundsIndia | |
|---|---|---|
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 "+ FundsIndia |
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. |
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FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Axis Direct Vs FundsIndia - Brokerage charges & Plans
| Axis Direct | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.05% | N/A |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | 0.01% |
| Equity Options | ₹10/ Order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Commodity Options | ₹50/ Lot | N/A |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Currency Options | ₹10/ Order | N/A |
| Fixed Charges | N/A | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Equity Intraday | 0.05% | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Call Back Open Account |
Axis Direct Vs FundsIndia - Margin (Exposure)
| Axis Direct | FundsIndia | |
|---|---|---|
| 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) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Axis Direct Vs FundsIndia - Other Charges
| Axis Direct | FundsIndia | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | N/A |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | N/A |
| Other Brokerage Charges | 0.05% | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Minimum Brokerage | 0.05% | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
Axis Direct Vs FundsIndia - STT/CTT
| Axis Direct | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | N/A |
| 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 | N/A |
| Equity Delivery | 0.1% on buy & 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 | N/A |
Axis Direct Vs FundsIndia - Demat transaction charges
| Axis Direct | FundsIndia | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹15 + Gst per scrip only on sell |
Axis Direct Vs FundsIndia - GST
| Axis Direct | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Axis Direct Vs FundsIndia - SEBI Charges
| Axis Direct | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs FundsIndia - Features
| Axis Direct | FundsIndia | |
|---|---|---|
| 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. |
| 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.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |