Quick Comparision (Upstox VS Axis Direct)

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

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.

	Upstox	Axis Direct
Single Margin Facility
Year of Incorporation	2009	2011
Exchanges	BSE, NSE and MCX	BSE, NSE, MCX and NCDEX
Branches	Zero	2500+
Brokerage	₹20/ Order or 0.05% (Whichever is lower)	0.05%
Broker Type	Discount Broker	Full Service Broker
	Call Back Open Account

	Upstox	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)
	Call Back Open Account

	Upstox	Axis Direct
Commodity Futures	₹20/ Order or 0.05% (whichever is lower)	0.03%
Currency Futures	₹20/ Order or 0.05% (whichever is lower)	0.05%
Equity Delivery	₹20/ Order or 2.5% (whichever is lower)	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 0.05% (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 0.05% (whichever is lower)	0.05%
	Call Back Open Account

	Upstox	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 0.05% ( Whichever is lower)	0.05%
Minimum Brokerage	₹20/ Order	0.05%
	Call Back Open Account

	Upstox	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: Exchange turnover charge: 0.0020% \| Clearing charge: 0.0002%	NSE ₹190/Cr (0.0019%) \| BSE ₹300/ Cr (0.003%) (each side)
Equity Intraday	NSE: 0.00345% trade on buy & sell \| BSE: charges vary as per the scrip group	NSE ₹325/Cr (0.00325%) \| BSE ₹300/Cr (0.003%) (each side)
Equity Options	NSE: Exchange turnover charge: 0.053% \| Clearing charge: 0.005%	NSE ₹5000/Cr (0.05%) \| BSE ₹300/Cr (0.003%) (on premium)
Commodity	Non-Agri: Exchange turnover charge: 0.0026%	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: 0.00345% trade on buy & sell \| BSE: charges vary as per the scrip group	NSE ₹325/Cr (0.00325%) \| BSE ₹300/Cr (0.003%) (each side)
	Call Back Open Account

	Upstox	Axis Direct
Equity Options	Option Sell: 1x \| Option Buying: No Margin	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 margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
Commodity Options	Option Sell: 1x \| Option Buying: No Margin	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 (no margin)	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

	Upstox	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:- 3:15 PM (Co- 3:10 PM) \| Equity Derivatives:- 3:20 PM (Co- 3:10 PM) \| Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM	Equity & F&O:- 3:15 PM \| Currency: 4:30PM \| Commodities:- 11:00 PM
Trading Platform	1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator	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
	Call Back Open Account

	Upstox	Axis Direct
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
	Call Back Open Account

	Upstox	Axis Direct
	Call Back Open Account

	Upstox	Axis Direct
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
	Call Back Open Account

	Upstox	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
	Call Back Open Account

	Upstox	Axis Direct
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
	Call Back Open Account

	Upstox	Axis Direct
Daily Market Reports & News
	Call Back Open Account

	Upstox	Axis Direct
Casual Investor
Active Investor
Trader
	Call Back Open Account

	Upstox	Axis Direct
Pros	1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares.	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. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades.	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

	Upstox	Axis Direct
	Call Back Open Account

	Upstox	Axis Direct
	Call Back Open Account

	Upstox	Axis Direct
Commodity Futures	0.01% on sell trade (Non-Agri)	0.01% on sell side (Non-Agri)
Currency Futures	No STT	No STT
Equity Intraday	0.025% only on sell	0.025% on the sell side
Equity Options	0.05% only on sell	0.05% on sell side (on Premium)
Currency Options	No STT	No STT
Equity Delivery	0.1% on both buy & sell	0.1% on buy & sell
Equity Futures	0.01% only on sell	0.01% on sell side
Commodity Options	0.05% on sell trade	0.05% on sell side
	Call Back Open Account

	Upstox	Axis Direct
Equity Demat Transaction Charges	Equity (F&O, Intraday) No Charges \| Equity Delivery- ₹18.5 + Gst per scrip per day only on sell	₹5/Certificate or ₹50/Request, whichever is higher
	Call Back Open Account

	Upstox	Axis Direct
Equity/Currencies/Commodities ( Delivery & FNO)	18% (on brokerage + transaction charges) \| Equity Delivery - 18% (on brokerage + transaction + demat charges)	18% on (Brokerage + Transaction Charge + SEBI Fee)
	Call Back Open Account

	Upstox	Axis Direct
Equity/Currencies/Commodities ( Delivery & FNO)	₹10/ Crore	₹10/Crore
	Call Back Open Account

Upstox

Axis Direct

Trading Account Opening Charge

₹0 (Free)

₹900/-

Demat Account Opening Charge

₹0 (Free)

Demat Account AMC

₹0 (Free)

₹750/-

Trading Account AMC

₹0 (Free)

Call Back Open Account

	Upstox	Axis Direct
	Upstox Review 2024 - Brokerage Charges, Account Opening, Margin Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. + " Vs "+ Axis Direct Read more..	Axis Direct Reviews Axis 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 .. Read more..

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	Upstox	Axis Direct
Commodity Futures	₹20/ Order or 0.05% (whichever is lower)	0.03%
Currency Futures	₹20/ Order or 0.05% (whichever is lower)	0.05%
Equity Delivery	₹20/ Order or 2.5% (whichever is lower)	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 0.05% (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 0.05% (whichever is lower)	0.05%
	Call Back Open Account

	Upstox	Axis Direct
Equity Options	Option Sell: 1x \| Option Buying: No Margin	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 margins(SPAN + Exposure)	1x (100% of NRML margin (Span + Exposure)
Commodity Options	Option Sell: 1x \| Option Buying: No Margin	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 (no margin)	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

	Upstox	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 0.05% ( Whichever is lower)	0.05%
Minimum Brokerage	₹20/ Order	0.05%
	Call Back Open Account

	Upstox	Axis Direct
Commodity Futures	0.01% on sell trade (Non-Agri)	0.01% on sell side (Non-Agri)
Currency Futures	No STT	No STT
Equity Intraday	0.025% only on sell	0.025% on the sell side
Equity Options	0.05% only on sell	0.05% on sell side (on Premium)
Currency Options	No STT	No STT
Equity Delivery	0.1% on both buy & sell	0.1% on buy & sell
Equity Futures	0.01% only on sell	0.01% on sell side
Commodity Options	0.05% on sell trade	0.05% on sell side
	Call Back Open Account

	Upstox	Axis Direct
Equity Demat Transaction Charges	Equity (F&O, Intraday) No Charges \| Equity Delivery- ₹18.5 + Gst per scrip per day only on sell	₹5/Certificate or ₹50/Request, whichever is higher
	Call Back Open Account

	Upstox	Axis Direct
Equity/Currencies/Commodities ( Delivery & FNO)	18% (on brokerage + transaction charges) \| Equity Delivery - 18% (on brokerage + transaction + demat charges)	18% on (Brokerage + Transaction Charge + SEBI Fee)
	Call Back Open Account

	Upstox	Axis Direct
Equity/Currencies/Commodities ( Delivery & FNO)	₹10/ Crore	₹10/Crore
	Call Back Open Account

	Upstox	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:- 3:15 PM (Co- 3:10 PM) \| Equity Derivatives:- 3:20 PM (Co- 3:10 PM) \| Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM	Equity & F&O:- 3:15 PM \| Currency: 4:30PM \| Commodities:- 11:00 PM
Trading Platform	1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator	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
	Call Back Open Account

Zerodha

India's Largest Broker

Equity Delivery Free

Advanced Trading Platforms

Account Opening ₹200/-

Call Back Open Account

Alice Blue

Low Brokerage

FNO @ ₹15/Order

Free Trading Software

Free API Access

Call Back Open Account

Upstox

Free Account Opening

Flat ₹20 Brokerage

Free Technical Software

Backed by Ratan Tata Ji

Call Back Open Account

Angel One

Free Account Opening

Flat ₹20 Brokerage

Free Equity Delivery

Ultra-fast Digital Platform

Call Back Open Account

5Paisa

Various Brokerage Plans

Flat ₹20 Brokerage

Free Technical Software

Free Research Services

Call Back Open Account

Fyers

Free Equity Delivery

Intraday at ₹20/Order

Advanced Charting

Life Time Free AMC

Call Back Open Account

Stoxkart

No Profit No Brokerage

Free Equity Delivery

Brokerage of Flat ₹15/Trade

We earn only when you do

Call Back Open Account

ProfitMart

Free Account Opening

₹20/ Order

Free API Access

FREE Advanced Terminal

Call Back Open Account

Zebu Trade

Free Technical Software

Free API Access

Low Brokerage

Faster Payouts

Call Back Open Account

Flattrade

Free Account Opening

Decent Customer Services

Free Technical Software

Zero Brokerage in All Segments

Call Back Open Account

IIFL Securities

Free Research Reports

₹20/Order

₹0 AMC for 1st Year.

Free Research Services

Call Back Open Account

Kotak Securities

Various Types of Account

Free Account Opening

Flat ₹20/Order Brokerage

Zero Brokerage on Intraday

Call Back Open Account

ICICI Direct

Free Trading Account

Zero brokerage charges

Low Brokerage

Access to Award-winning research

Call Back Open Account

Sharekhan

International Presence

Free Account Opening

Open Account in Just 15 mins

Various Brokerage Slabs

Call Back Open Account

Paytm Money

Zero Account Opening

No Hidden Charges

Research Facility

Lowest Trading Charges

Call Back Open Account

Goodwill Commodities

₹11/ Order

Free Account Opening

Best Charting Software

Call Back Open Account

Groww

Growing Discount Broker

No Hidden Charges

No Transaction Charges in MF

₹20/ Order

Call Back Open Account

Samco

Growing Discount Broker

Free Account Opening

Instant Online Account

₹20/ Order

Call Back Open Account

Bajaj Finserve

Free Account Opening

Innovated Fixed Deposit

AMC Waived for 1 year

Free Advisory Services

Call Back Open Account

Finvasia

₹0 Brokerage on Trading

Free Account Opening

Commission Free Broker

Free Call & Trade

Call Back Open Account

SMC Global

International Presence

Competitive brokerage rates

Free Account Opening

Free Research Services

Call Back Open Account

FundsIndia

Free Investment Guidance

MF | Equities | F&O | NPS & more

Best in-Class Research

Free Account Opening

Call Back Open Account

mStock

Best Discount Broker

Margin Trading Facility

Advance Trading Platform

Provides Technical Analysis

Call Back Open Account

Rupeezy

Indian Stock Broker

Advance Trading Platform

Free Demat Account Opening

Call Back Open Account

GarvThakur.com

Quick Comparision (Upstox VS Axis Direct)

Upstox Vs Axis Direct

Upstox Vs Axis Direct - Broker Details

Upstox Vs Axis Direct - Account Opening & AMC Charges

Upstox Vs Axis Direct - Brokerage charges & Plans

Upstox Vs Axis Direct - Other Charges

Upstox Vs Axis Direct - Transaction Charges

Upstox Vs Axis Direct - Margin (Exposure)

Upstox Vs Axis Direct - Features

Upstox Vs Axis Direct - Review & Rating

Upstox Vs Axis Direct - Request a call back from Broker

Upstox Vs Axis Direct - Investment Options

Upstox Vs Axis Direct - Order Type

Upstox Vs Axis Direct - Research & Report

Upstox Vs Axis Direct - Daily Market Report

Upstox Vs Axis Direct - Suitable For Investor

Upstox Vs Axis Direct - Pros & Cons

Upstox Vs Axis Direct - Background

Upstox Vs Axis Direct - Compare All Brokers

Upstox Vs Axis Direct - STT/CTT

Upstox Vs Axis Direct - Demat transaction charges

Upstox Vs Axis Direct - GST

Upstox Vs Axis Direct - SEBI Charges

Upstox Vs Axis Direct - Account Opening & AMC Charges

Upstox Vs Axis Direct

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Axis Direct Reviews

Upstox Vs Axis Direct - Brokerage charges & Plans

Upstox Vs Axis Direct - Margin (Exposure)

Upstox Vs Axis Direct - Other Charges

Upstox Vs Axis Direct - STT/CTT

Upstox Vs Axis Direct - Demat transaction charges

Upstox Vs Axis Direct - GST

Upstox Vs Axis Direct - SEBI Charges

Upstox Vs Axis Direct - Features

Upstox

Axis Direct