AxisDirect Stock Trading, Demat, Brokerage and Reviews 2020

Axis Direct Stock Trading, Demat, Brokerage and Reviews 2020

Axis Direct Account Opening Enquiry/Get a call Back

Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers.

AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loans, Auto Loans, Personal Loans, Loan against Property, Loan against Shares and Loans for SME, Credit and Prepaid Cards.

AxisDirect offers 3-in-1 account, an integrated Trading, Demat and Bank account. This account offers a seamless transaction of money and shares between the 3 accounts. It simplifies trading for the customers especially beginners and casual traders.

AxisDirect Charges 2020

Axis Direct Account Opening Charges

3-in-1 Account Opening Charges ₹999
Demat Account Opening Charges ₹0
Demat Account AMC ₹650 per year (free for 1st year)

Axis Direct Brokerage Charges

Axis Direct charges 0.50% brokerage for equity delivery, 0.05% for Intraday & Futures, and ₹10 per lot for options.

Segment Brokerage Charges
Equity Delivery 0.50% (Each Leg)
Equity Intraday 0.05% (Each Leg)
Equity Future 0.05% (Each Leg)
Equity Options Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures 0.05% (Each Leg)
Currency Options Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Commodity Futures 0.03% (Each Leg)
Commodity Options ₹50 per lot

AxisDirect Other Charges (Hidden Fees)

  • Axis Direct Minimum Brokerage: ₹20 per trade
  • Call & Trade Service: ₹20 per call
  • Brokerage Plan Modification Charge: ₹500 per quarter
  • Payment Gateway Charges (For Non-Axis Bank Customers): ₹9 per transfer

AxisDirect Trading Software

Axis Securities offer multiple trading platforms based on customers investment style and needs.

  1. DirectTrade

    A Desktop trading application which has advanced charting, auto-refreshing order/trade/position books and high frequency updates of market rate. This trading terminal is suitable for high frequency traders.

    The DirectTrade Terminal also offers live streaming quotes, Fully Customizable Multiple Market Watch and Quick access to order placement and reports.

    The DirectTrade is available at additional cost of Rs 2999 per year.

  2. Swift Trade

    A Java applet-based trading platform. This light-weight trading platform offers functionality of trading terminal in a web browser.

  3. Mobile Trading

    AxisDirect Mobile App allows customers to trade in Equity and Derivative segments through your smart phone.

  4. AxisDirect lite

    AxisDirect Lite is a low bandwidth, user friendly trading platform that allows customers to trade in Equities and Derivatives even on slower internet connection.

AxisDirect Pros and Cons

AxisDirect Pros (Advantages)

The following are the advantages of AxisDirect. You must read AxisDirect advantages and disadvantages before opening an account with AxisDirect. AxisDirect pros and cons help you find if it suits your investment needs.

  • Axis Direct offers a 3-in-1 account. This includes Bank, Demat and Trading Account. This makes trading and investing very easy.
  • Axis Direct offers a large number of products under one single brand/website.
  • Axis Direct offers free research reports to its customers.
  • Axis Direct offers classroom sessions, webinars, Online Tutorials and Articles by Experts to help beginners understand basics.

AxisDirect Cons (Disadvantages)

The following are the cons of AxisDirect. Check the list of AxisDirect drawbacks.

  • Very high brokerage in comparison to discount stock brokers like Zerodha.

AxisDirect Margin / Exposure

AxisDirect leverage for intraday, delivery, options, currency and commodities.

Segment Margin
Equity Delivery 100% (1x)
Equity Intraday Upto 10x
Equity Future 100% (1x)
Equity Options 100% (1x)
Currency Future 100% (1x)
Currency Options 100% (1x)
Commodity Future 3x
Commodity Options 100% (1x)

AxisDirect Ratings

Overall Rating Rated 2.2 stars 2.2/5
Fees Rated 2.1 stars 2.1/5
Brokerage Rated 1.8 stars 1.8/5
Usability Rated 2.7 stars 2.7/5
Customer Service Rated 2.3 stars 2.3/5
Research Capabilities Rated 3.7 stars 3.7/5

Based on 57 Votes by AxisDirect Customers

AxisDirect Complaint

The number of AxisDirect customer complaint received by the exchanges. The AxisDirect consumer complaint report helps understanding the Axis Securities quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints**
NSE 2020-21 283,378 17
NSE 2019-20 270,462 46
BSE 2019-20 40,666 2
NSE 2018-19 421,771 24
BSE 2018-19 33,522 4
NSE 2017-18 404,769 35
BSE 2017-18 66,921 11
NSE 2016-17 259,006 32
BSE 2016-17 40,340 2
NSE 2015-16 184,325 29