Progressive Share Brokers Vs Axis Direct
Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer 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.
Progressive Share Brokers Vs Axis Direct - Broker Details
| Progressive Share Brokers | Axis Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 1996 | 2011 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX and NCDEX |
| Branches | 3 | 2500+ |
| Brokerage | 0.04% per order | 0.05% |
| Broker Type | Full Service Broker | Full Service Broker |
Progressive Share Brokers Vs Axis Direct - Account Opening & AMC Charges
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹900/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹750/- |
| Trading Account AMC | NA | ₹0 (Free) |
Progressive Share Brokers Vs Axis Direct - Brokerage charges & Plans
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.04% per order | 0.03% |
| Currency Futures | 0.04% per order | 0.05% |
| Equity Delivery | 0.35% per order | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹35 per lot | ₹10/ Order |
| Commodity Options | ₹35 per lot | ₹50/ Lot |
| Equity Futures | 0.04% per order | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | ₹15 per lot | ₹10/ Order |
| Fixed Charges | 0.04% per order | N/A |
| Equity Intraday | 0.04% per order | 0.05% |
Progressive Share Brokers Vs Axis Direct - Other Charges
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | Free API | N/A |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | 0.04% per order | 0.05% |
| Minimum Brokerage | 0.04% per order | 0.05% |
Progressive Share Brokers Vs Axis Direct - Transaction Charges
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | ₹5000/Cr (0.05%) (on premium) |
| Equity Futures | NSE: 0.0019% | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
| Equity Options | NSE: 0.05% (on premium) | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | N/A |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | ₹190/Cr (0.0019%) |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
Progressive Share Brokers Vs Axis Direct - Margin (Exposure)
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs Axis Direct - Features
| Progressive Share Brokers | 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 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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Progressive Share Brokers Vs Axis Direct - Review & Rating
| Progressive Share Brokers | Axis Direct | |
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| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Progressive Share Brokers Vs Axis Direct - Request a call back from Broker
| Progressive Share Brokers | Axis Direct | |
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Progressive Share Brokers Vs Axis Direct - Investment Options
| Progressive Share Brokers | 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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Progressive Share Brokers Vs Axis Direct - Order Type
| Progressive Share Brokers | Axis Direct | |
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| 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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Progressive Share Brokers Vs Axis Direct - Research & Report
| Progressive Share Brokers | 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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Progressive Share Brokers Vs Axis Direct - Daily Market Report
| Progressive Share Brokers | Axis Direct | |
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| Daily Market Reports & News |
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Progressive Share Brokers Vs Axis Direct - Suitable For Investor
| Progressive Share Brokers | Axis Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Progressive Share Brokers Vs Axis Direct - Pros & Cons
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 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. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 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. |
Progressive Share Brokers Vs Axis Direct - Background
| Progressive Share Brokers | Axis Direct | |
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Progressive Share Brokers Vs Axis Direct - Compare All Brokers
| Progressive Share Brokers | Axis Direct | |
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Progressive Share Brokers Vs Axis Direct - STT/CTT
| Progressive Share Brokers | 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 | 0.0625% 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 | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Progressive Share Brokers Vs Axis Direct - Demat transaction charges
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹5/Certificate or ₹50/Request, whichever is higher |
Progressive Share Brokers Vs Axis Direct - GST
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Progressive Share Brokers Vs Axis Direct - SEBI Charges
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs Axis Direct - Account Opening & AMC Charges
Progressive Share Brokers
Axis Direct
Trading Account Opening Charge
₹0 (Free)
₹900/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹750/-
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs Axis Direct
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
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.
Progressive Share Brokers Vs Axis Direct - Brokerage charges & Plans
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.04% per order | 0.03% |
| Currency Futures | 0.04% per order | 0.05% |
| Equity Delivery | 0.35% per order | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹35 per lot | ₹10/ Order |
| Commodity Options | ₹35 per lot | ₹50/ Lot |
| Equity Futures | 0.04% per order | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | ₹15 per lot | ₹10/ Order |
| Fixed Charges | 0.04% per order | N/A |
| Equity Intraday | 0.04% per order | 0.05% |
Progressive Share Brokers Vs Axis Direct - Margin (Exposure)
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs Axis Direct - Other Charges
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | Free API | N/A |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | 0.04% per order | 0.05% |
| Minimum Brokerage | 0.04% per order | 0.05% |
Progressive Share Brokers Vs Axis Direct - STT/CTT
| Progressive Share Brokers | 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 | 0.0625% 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 | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Progressive Share Brokers Vs Axis Direct - Demat transaction charges
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹5/Certificate or ₹50/Request, whichever is higher |
Progressive Share Brokers Vs Axis Direct - GST
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Progressive Share Brokers Vs Axis Direct - SEBI Charges
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs Axis Direct - Features
| Progressive Share Brokers | Axis Direct | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 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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