Motisons Shares Vs Axis Direct
Motisons Shares
Motisons Shares Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI accounts, Branches, and Complaints
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.
Motisons Shares Vs Axis Direct - Broker Details
| Motisons Shares | Axis Direct | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1997 | 2011 |
| Exchanges | BSE, NSE, MCX and NCDEX | BSE, NSE, MCX and NCDEX |
| Branches | N/A | 2500+ |
| Brokerage | Upto 2.5% | 0.05% |
| Broker Type | Discount Broker | Full Service Broker |
Motisons Shares Vs Axis Direct - Account Opening & AMC Charges
| Motisons Shares | Axis Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹900/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 + GST per year | ₹750/- |
| Trading Account AMC | NA | ₹0 (Free) |
Motisons Shares Vs Axis Direct - Brokerage charges & Plans
| Motisons Shares | Axis Direct | |
|---|---|---|
| Commodity Futures | Upto 2.5% | 0.03% |
| Currency Futures | Upto 2.5% | 0.05% |
| Equity Delivery | Upto 2.5% | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | Upto 2.5% | ₹10/ Order |
| Commodity Options | Upto 2.5% | ₹50/ Lot |
| Equity Futures | Upto 2.5% | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | Upto 2.5% | ₹10/ Order |
| Fixed Charges | Upto 2.5% | N/A |
| Equity Intraday | Upto 2.5% | 0.05% |
Motisons Shares Vs Axis Direct - Other Charges
| Motisons Shares | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | Upto 2.5% | 0.05% |
| Minimum Brokerage | Upto 2.5% | 0.05% |
Motisons Shares Vs Axis Direct - Transaction Charges
| Motisons Shares | Axis Direct | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | ₹5000/Cr (0.05%) (on premium) |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) |
| Equity Intraday | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
| Equity Options | NSE: 0.053% on Premium value | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | N/A |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | ₹190/Cr (0.0019%) |
| Equity Delivery | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
Motisons Shares Vs Axis Direct - Margin (Exposure)
| Motisons Shares | 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) | 1x (100% of NRML margin (Span + Exposure) |
Motisons Shares Vs Axis Direct - Features
| Motisons Shares | 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | 1. Motimoney Mobile App, 2. Motisons Web Portal, 3. Motisons ODIN-Diet Software | 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 |
|
|
| Direct Mutual Fund |
|
|
Motisons Shares Vs Axis Direct - Review & Rating
| Motisons Shares | Axis Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Motisons Shares Vs Axis Direct - Request a call back from Broker
| Motisons Shares | Axis Direct | |
|---|---|---|
Motisons Shares Vs Axis Direct - Investment Options
| Motisons Shares | Axis Direct | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Motisons Shares Vs Axis Direct - Order Type
| Motisons Shares | Axis Direct | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Motisons Shares Vs Axis Direct - Research & Report
| Motisons Shares | Axis Direct | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Motisons Shares Vs Axis Direct - Daily Market Report
| Motisons Shares | Axis Direct | |
|---|---|---|
| Daily Market Reports & News |
|
|
Motisons Shares Vs Axis Direct - Suitable For Investor
| Motisons Shares | Axis Direct | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Motisons Shares Vs Axis Direct - Pros & Cons
| Motisons Shares | Axis Direct | |
|---|---|---|
| Pros | 1. User-friendly interface 2. Wide range of investment options 3. Competitive brokerage rates 4. Research and analysis tools 5. Seamless trading experience 6. Strong customer support 7. Advanced trading platforms. | 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. Limited global market access 2. High fees for certain services 3. Lack of personalized investment advice 4. Limited customer support options 5. Possible technical glitches or system downtime 6. Potential for delays in order execution 7. Limited availability of certain investment products or asset classes 8. Relatively smaller user base compared to larger brokerage firms. | 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. |
Motisons Shares Vs Axis Direct - Background
| Motisons Shares | Axis Direct | |
|---|---|---|
Motisons Shares Vs Axis Direct - Compare All Brokers
| Motisons Shares | Axis Direct | |
|---|---|---|
Motisons Shares Vs Axis Direct - STT/CTT
| Motisons Shares | 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 | 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 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 |
Motisons Shares Vs Axis Direct - Demat transaction charges
| Motisons Shares | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per order | ₹5/Certificate or ₹50/Request, whichever is higher |
Motisons Shares Vs Axis Direct - GST
| Motisons Shares | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Motisons Shares Vs Axis Direct - SEBI Charges
| Motisons Shares | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Motisons Shares Vs Axis Direct - Account Opening & AMC Charges
Motisons Shares
Axis Direct
Trading Account Opening Charge
₹0 (Free)
₹900/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 + GST per year
₹750/-
Trading Account AMC
NA
₹0 (Free)
Motisons Shares Vs Axis Direct
| Motisons Shares | Axis Direct | |
|---|---|---|
Motisons Shares Account Opening Process and Required Documents |
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 .. |
|
|
|
|
|
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.
Motisons Shares Vs Axis Direct - Brokerage charges & Plans
| Motisons Shares | Axis Direct | |
|---|---|---|
| Commodity Futures | Upto 2.5% | 0.03% |
| Currency Futures | Upto 2.5% | 0.05% |
| Equity Delivery | Upto 2.5% | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | Upto 2.5% | ₹10/ Order |
| Commodity Options | Upto 2.5% | ₹50/ Lot |
| Equity Futures | Upto 2.5% | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | Upto 2.5% | ₹10/ Order |
| Fixed Charges | Upto 2.5% | N/A |
| Equity Intraday | Upto 2.5% | 0.05% |
Motisons Shares Vs Axis Direct - Margin (Exposure)
| Motisons Shares | 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) | 1x (100% of NRML margin (Span + Exposure) |
Motisons Shares Vs Axis Direct - Other Charges
| Motisons Shares | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | Upto 2.5% | 0.05% |
| Minimum Brokerage | Upto 2.5% | 0.05% |
Motisons Shares Vs Axis Direct - STT/CTT
| Motisons Shares | 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 | 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 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 |
Motisons Shares Vs Axis Direct - Demat transaction charges
| Motisons Shares | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per order | ₹5/Certificate or ₹50/Request, whichever is higher |
Motisons Shares Vs Axis Direct - GST
| Motisons Shares | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Motisons Shares Vs Axis Direct - SEBI Charges
| Motisons Shares | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Motisons Shares Vs Axis Direct - Features
| Motisons Shares | 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | 1. Motimoney Mobile App, 2. Motisons Web Portal, 3. Motisons ODIN-Diet Software | 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 |
|
|
| Direct Mutual Fund |
|
|