Axis Direct Vs Zerodha
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.
Zerodha
Zerodha 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 Zerodha - Broker Details
| Axis Direct | Zerodha | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2011 | 2010 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 2500+ | 120+ |
| Brokerage | 0.05% | ₹20/ Order or 0.03% |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Axis Direct Vs Zerodha - Account Opening & AMC Charges
| Axis Direct | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹900/- | ₹200 |
| Demat Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account AMC | ₹750/- | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Axis Direct Vs Zerodha - Brokerage charges & Plans
| Axis Direct | Zerodha | |
|---|---|---|
| Commodity Futures | 0.03% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.05% | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | Zero Brokerage |
| Equity Options | ₹10/ Order | ₹20/ Order |
| Commodity Options | ₹50/ Lot | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹10/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | N/A | ₹20/Order |
| Equity Intraday | 0.05% | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Axis Direct Vs Zerodha - Other Charges
| Axis Direct | Zerodha | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | (₹50 + GST) |
| API Charges | N/A | ₹2000/ Month |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | ₹50/ Order |
| Other Brokerage Charges | 0.05% | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.05% | ₹20/ Order |
| Call Back Open Account |
Axis Direct Vs Zerodha - Transaction Charges
| Axis Direct | Zerodha | |
|---|---|---|
| Currency Options | ₹5000/Cr (0.05%) (on premium) | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
| Equity Futures | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) | NSE: 0.002% |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) | NSE: 0.053% (on premium) |
| Commodity | N/A | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% |
| Currency Futures | ₹190/Cr (0.0019%) | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE: 0.00345% | BSE: 0.00345% |
| Call Back Open Account |
Axis Direct Vs Zerodha - Margin (Exposure)
| Axis Direct | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| 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) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(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 margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account |
Axis Direct Vs Zerodha - Features
| Axis Direct | Zerodha | |
|---|---|---|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| 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 | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Axis Direct Vs Zerodha - Review & Rating
| Axis Direct | Zerodha | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Axis Direct Vs Zerodha - Request a call back from Broker
| Axis Direct | Zerodha | |
|---|---|---|
| Call Back Open Account |
Axis Direct Vs Zerodha - Investment Options
| Axis Direct | Zerodha | |
|---|---|---|
| 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 Zerodha - Order Type
| Axis Direct | Zerodha | |
|---|---|---|
| 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 Zerodha - Research & Report
| Axis Direct | Zerodha | |
|---|---|---|
| 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 Zerodha - Daily Market Report
| Axis Direct | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Axis Direct Vs Zerodha - Suitable For Investor
| Axis Direct | Zerodha | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Axis Direct Vs Zerodha - Pros & Cons
| Axis Direct | Zerodha | |
|---|---|---|
| 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.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. |
| 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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
| Call Back Open Account |
Axis Direct Vs Zerodha - Background
| Axis Direct | Zerodha | |
|---|---|---|
| Call Back Open Account |
Axis Direct Vs Zerodha - Compare All Brokers
| Axis Direct | Zerodha | |
|---|---|---|
| Call Back Open Account |
Axis Direct Vs Zerodha - STT/CTT
| Axis Direct | Zerodha | |
|---|---|---|
| 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 buy & 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 Zerodha - Demat transaction charges
| Axis Direct | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹13.5 + Gst per scrip (stock) |
| Call Back Open Account |
Axis Direct Vs Zerodha - GST
| Axis Direct | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
| Call Back Open Account |
Axis Direct Vs Zerodha - SEBI Charges
| Axis Direct | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
| Call Back Open Account |
Axis Direct Vs Zerodha - Account Opening & AMC Charges
Axis Direct
Zerodha
Trading Account Opening Charge
₹900/-
₹200
Demat Account Opening Charge
₹0 (Free)
₹200
Demat Account AMC
₹750/-
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Axis Direct Vs Zerodha
| Axis Direct | Zerodha | |
|---|---|---|
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 "+ Zerodha |
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
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Zerodha
Zerodha 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 Zerodha - Brokerage charges & Plans
| Axis Direct | Zerodha | |
|---|---|---|
| Commodity Futures | 0.03% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.05% | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | Zero Brokerage |
| Equity Options | ₹10/ Order | ₹20/ Order |
| Commodity Options | ₹50/ Lot | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹10/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | N/A | ₹20/Order |
| Equity Intraday | 0.05% | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Axis Direct Vs Zerodha - Margin (Exposure)
| Axis Direct | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| 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) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(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 margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account |
Axis Direct Vs Zerodha - Other Charges
| Axis Direct | Zerodha | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | (₹50 + GST) |
| API Charges | N/A | ₹2000/ Month |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | ₹50/ Order |
| Other Brokerage Charges | 0.05% | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.05% | ₹20/ Order |
Axis Direct Vs Zerodha - STT/CTT
| Axis Direct | Zerodha | |
|---|---|---|
| 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 buy & 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 Zerodha - Demat transaction charges
| Axis Direct | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹13.5 + Gst per scrip (stock) |
Axis Direct Vs Zerodha - GST
| Axis Direct | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Axis Direct Vs Zerodha - SEBI Charges
| Axis Direct | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Axis Direct Vs Zerodha - Features
| Axis Direct | Zerodha | |
|---|---|---|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| 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 | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |