Fyers Vs Axis Direct
Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
Fyers Vs Axis Direct - Broker Details
| Fyers | Axis Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 2015 | 2011 |
| Exchanges | BSE, NSE, MCX. | BSE, NSE, MCX and NCDEX |
| Branches | Zero | 2500+ |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | 0.05% |
| Broker Type | Discount Broker | Full Service Broker |
Fyers Vs Axis Direct - Account Opening & AMC Charges
| Fyers | Axis Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹900/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹750/- |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Fyers Vs Axis Direct - Brokerage charges & Plans
| Fyers | Axis Direct | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% |
| Equity Delivery | ₹0 | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹20/ Order | ₹10/ Order |
| Commodity Options | ₹20/ Order | ₹50/ Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | ₹20/ Order | ₹10/ Order |
| Fixed Charges | ₹20/ Order | N/A |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.05% |
Fyers Vs Axis Direct - Other Charges
| Fyers | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | (₹50 + GST) | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
Fyers Vs Axis Direct - Transaction Charges
| Fyers | Axis Direct | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | ₹5000/Cr (0.05%) (on premium) |
| Equity Futures | ₹240/ Cr (0.0024%) | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) |
| Equity Intraday | ₹325/ Cr (0.00325%) | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) |
| Commodity | NA | N/A |
| Currency Futures | ₹240/ Cr (0.0024%) | ₹190/Cr (0.0019%) |
| Equity Delivery | ₹325/ Cr (0.00325%) | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
Fyers Vs Axis Direct - Margin (Exposure)
| Fyers | Axis Direct | |
|---|---|---|
| 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) |
Fyers Vs Axis Direct - Features
| Fyers | Axis Direct | |
|---|---|---|
| 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 Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based 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 |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Fyers Vs Axis Direct - Review & Rating
| Fyers | Axis Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Fyers Vs Axis Direct - Request a call back from Broker
| Fyers | Axis Direct | |
|---|---|---|
Fyers Vs Axis Direct - Investment Options
| Fyers | Axis Direct | |
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| 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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Fyers Vs Axis Direct - Order Type
| Fyers | Axis Direct | |
|---|---|---|
| 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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Fyers Vs Axis Direct - Research & Report
| Fyers | Axis Direct | |
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| 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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Fyers Vs Axis Direct - Daily Market Report
| Fyers | Axis Direct | |
|---|---|---|
| Daily Market Reports & News |
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Fyers Vs Axis Direct - Suitable For Investor
| Fyers | Axis Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Fyers Vs Axis Direct - Pros & Cons
| Fyers | Axis Direct | |
|---|---|---|
| Pros | 1.Free equity delivery trading 2.The brokerage rate charged by FYERS is ultra-low, Flat ₹20 per trade 3.Quick implementation of new features and services through in-house build trading platform. 4.Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. 5.Investment opportunities in group of stocks through Thematic Investing. 6.Transparency in fee charging i.e. there are no hidden charges. 7.Availability of trading software’s that too completely free. | 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. |
| Cons | 1.Higher exchange transaction charges in comparison to other discount brokers. 2. Lack of professional team for market analysis. 3.Depository Services are not provided. 4.FYERS does not provide commodity trading services 5.Customer service lines are not toll free. | 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. |
Fyers Vs Axis Direct - Background
| Fyers | Axis Direct | |
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Fyers Vs Axis Direct - Compare All Brokers
| Fyers | Axis Direct | |
|---|---|---|
Fyers Vs Axis Direct - STT/CTT
| Fyers | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% on the sell side |
| Equity Options | 0.05% on sell value (Premium) | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell value | 0.01% on sell side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
Fyers Vs Axis Direct - Demat transaction charges
| Fyers | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹5/Certificate or ₹50/Request, whichever is higher |
Fyers Vs Axis Direct - GST
| Fyers | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Fyers Vs Axis Direct - SEBI Charges
| Fyers | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fyers Vs Axis Direct - Account Opening & AMC Charges
Fyers
Axis Direct
Trading Account Opening Charge
₹0 (Free)
₹900/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹750/-
Trading Account AMC
₹0 (Free)
₹0 (Free)
Fyers Vs Axis Direct
| Fyers | Axis Direct | |
|---|---|---|
FYERS Review 2024 | Brokerage Charges, Account OpeningFYERS Securities is a Bangalore based discount broker, offering trade in Equity cash, F&O and Currency Derivatives segments at NSE, BSE and MCX. Being incorporated in 2015, the firm focuses on providing services at low brokerage rates. In fact, FYERS is an acronym of “Focus Your Energy & Reform t .. + " Vs "+ Axis Direct |
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 .. |
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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.
Fyers Vs Axis Direct - Brokerage charges & Plans
| Fyers | Axis Direct | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% |
| Equity Delivery | ₹0 | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹20/ Order | ₹10/ Order |
| Commodity Options | ₹20/ Order | ₹50/ Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | ₹20/ Order | ₹10/ Order |
| Fixed Charges | ₹20/ Order | N/A |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.05% |
| Call Back Open Account |
Fyers Vs Axis Direct - Margin (Exposure)
| Fyers | Axis Direct | |
|---|---|---|
| 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 |
Fyers Vs Axis Direct - Other Charges
| Fyers | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | (₹50 + GST) | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
Fyers Vs Axis Direct - STT/CTT
| Fyers | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% on the sell side |
| Equity Options | 0.05% on sell value (Premium) | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell value | 0.01% on sell side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
Fyers Vs Axis Direct - Demat transaction charges
| Fyers | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹5/Certificate or ₹50/Request, whichever is higher |
Fyers Vs Axis Direct - GST
| Fyers | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Fyers Vs Axis Direct - SEBI Charges
| Fyers | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fyers Vs Axis Direct - Features
| Fyers | Axis Direct | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based 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 |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |