ICICI Direct Vs Axis Direct
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, 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.
ICICI Direct Vs Axis Direct - Broker Details
| ICICI Direct | Axis Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2011 |
| Exchanges | BSE and NSE. | BSE, NSE, MCX and NCDEX |
| Branches | 250+ | 2500+ |
| Brokerage | Prime Plan: ₹900/- | 0.05% |
| Broker Type | Full service Broker | Full Service Broker |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - Account Opening & AMC Charges
| ICICI Direct | Axis Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹900/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹750/- |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - Brokerage charges & Plans
| ICICI Direct | Axis Direct | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.03% |
| Currency Futures | ₹20/ Order | 0.05% |
| Equity Delivery | ₹0.09% | 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 | 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 | 0.05% |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - Other Charges
| ICICI Direct | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - Transaction Charges
| ICICI Direct | Axis Direct | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | ₹5000/Cr (0.05%) (on premium) |
| Equity Futures | NSE: 0.002% | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
| Equity Options | NSE: 0.053% | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | N/A |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | ₹190/Cr (0.0019%) |
| Equity Delivery | 0.00345% trade on buy & sell | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - Margin (Exposure)
| ICICI Direct | 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 |
ICICI Direct Vs Axis Direct - Features
| ICICI Direct | 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 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 |
ICICI Direct Vs Axis Direct - Review & Rating
| ICICI Direct | Axis Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Axis Direct - Request a call back from Broker
| ICICI Direct | Axis Direct | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs Axis Direct - Investment Options
| ICICI Direct | Axis Direct | |
|---|---|---|
| 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 |
ICICI Direct Vs Axis Direct - Order Type
| ICICI Direct | 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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| Call Back Open Account |
ICICI Direct Vs Axis Direct - Research & Report
| ICICI Direct | Axis Direct | |
|---|---|---|
| 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 |
ICICI Direct Vs Axis Direct - Daily Market Report
| ICICI Direct | Axis Direct | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
ICICI Direct Vs Axis Direct - Suitable For Investor
| ICICI Direct | Axis Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
ICICI Direct Vs Axis Direct - Pros & Cons
| ICICI Direct | Axis Direct | |
|---|---|---|
| Pros | 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. | 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. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. | 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. |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - Background
| ICICI Direct | Axis Direct | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs Axis Direct - Compare All Brokers
| ICICI Direct | Axis Direct | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs Axis Direct - STT/CTT
| ICICI Direct | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 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 both Buy and 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 |
ICICI Direct Vs Axis Direct - Demat transaction charges
| ICICI Direct | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹5/Certificate or ₹50/Request, whichever is higher |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - GST
| ICICI Direct | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - SEBI Charges
| ICICI Direct | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - Account Opening & AMC Charges
ICICI Direct
Axis Direct
Trading Account Opening Charge
₹0 (Free)
₹900/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹750/-
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs Axis Direct
| ICICI Direct | Axis Direct | |
|---|---|---|
ICICI Direct Review | Brokerage Charges, Account OpeningWith ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
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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.
ICICI Direct Vs Axis Direct - Brokerage charges & Plans
| ICICI Direct | Axis Direct | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.03% |
| Currency Futures | ₹20/ Order | 0.05% |
| Equity Delivery | ₹0.09% | 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 | 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 | 0.05% |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - Margin (Exposure)
| ICICI Direct | 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 |
ICICI Direct Vs Axis Direct - Other Charges
| ICICI Direct | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - STT/CTT
| ICICI Direct | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 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 both Buy and 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 |
ICICI Direct Vs Axis Direct - Demat transaction charges
| ICICI Direct | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹5/Certificate or ₹50/Request, whichever is higher |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - GST
| ICICI Direct | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - SEBI Charges
| ICICI Direct | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ICICI Direct Vs Axis Direct - Features
| ICICI Direct | Axis Direct | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 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 |