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Quick Comparision (Axis Direct VS Upstox)

 
 

Axis Direct Vs 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
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 Vs Upstox - Broker Details

Axis Direct Upstox
Single Margin Facility
Year of Incorporation 2011 2009
Exchanges BSE, NSE, MCX and NCDEX BSE, NSE and MCX
Branches 2500+ Zero
Brokerage 0.05% ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Full Service Broker Discount Broker
Call Back Open Account

Axis Direct Vs Upstox - Account Opening & AMC Charges

Axis Direct Upstox
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 Upstox - Brokerage charges & Plans

Axis Direct Upstox
Commodity Futures 0.03% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures 0.05% ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% ₹20/ Order or 2.5% (whichever is lower)
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 0.05% (whichever is lower)
Currency Options ₹10/ Order ₹20/ Order
Fixed Charges N/A ₹20/ Order
Equity Intraday 0.05% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Axis Direct Vs Upstox - Other Charges

Axis Direct Upstox
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 0.05% ( Whichever is lower)
Minimum Brokerage 0.05% ₹20/ Order
Call Back Open Account

Axis Direct Vs Upstox - Transaction Charges

Axis Direct Upstox
Currency Options ₹5000/Cr (0.05%) (on premium) NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity N/A Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures ₹190/Cr (0.0019%) NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Call Back Open Account

Axis Direct Vs Upstox - Margin (Exposure)

Axis Direct Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
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 margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (no margin)
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 Upstox - Features

Axis Direct Upstox
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:- 3:15 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
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.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
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Axis Direct Vs Upstox - Review & Rating

Axis Direct Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Axis Direct Vs Upstox - Request a call back from Broker

Axis Direct Upstox
Call Back Open Account

Axis Direct Vs Upstox - Investment Options

Axis Direct Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Axis Direct Vs Upstox - Order Type

Axis Direct Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account

Axis Direct Vs Upstox - Research & Report

Axis Direct Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Axis Direct Vs Upstox - Daily Market Report

Axis Direct Upstox
Daily Market Reports & News
Call Back Open Account

Axis Direct Vs Upstox - Suitable For Investor

Axis Direct Upstox
Casual Investor
Active Investor
Trader
Call Back Open Account

Axis Direct Vs Upstox - Pros & Cons

Axis Direct Upstox
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.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.
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. 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.
Call Back Open Account

Axis Direct Vs Upstox - Background

Axis Direct Upstox
Call Back Open Account

Axis Direct Vs Upstox - Compare All Brokers

Axis Direct Upstox
Call Back Open Account

Axis Direct Vs Upstox - STT/CTT

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

Axis Direct Vs Upstox - Demat transaction charges

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

Axis Direct Vs Upstox - GST

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

Axis Direct Vs Upstox - SEBI Charges

Axis Direct Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Open Account

Axis Direct Vs Upstox - Account Opening & AMC Charges

Axis Direct
Upstox
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 Upstox

Axis Direct Upstox
 

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 ..
+ " Vs "+ Upstox
Read more..

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.

Read more..
 
 

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 Vs Upstox - Brokerage charges & Plans

Axis Direct Upstox
Commodity Futures 0.03% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures 0.05% ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% ₹20/ Order or 2.5% (whichever is lower)
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 0.05% (whichever is lower)
Currency Options ₹10/ Order ₹20/ Order
Fixed Charges N/A ₹20/ Order
Equity Intraday 0.05% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Axis Direct Vs Upstox - Margin (Exposure)

Axis Direct Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
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 margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (no margin)
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 Upstox - Other Charges

Axis Direct Upstox
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 0.05% ( Whichever is lower)
Minimum Brokerage 0.05% ₹20/ Order

Axis Direct Vs Upstox - STT/CTT

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

Axis Direct Vs Upstox - Demat transaction charges

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

Axis Direct Vs Upstox - GST

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

Axis Direct Vs Upstox - SEBI Charges

Axis Direct Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Axis Direct Vs Upstox - Features

Axis Direct Upstox
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:- 3:15 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
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.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
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Axis Direct

Upstox