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AxisDirect Brokerage Charges, Fees, AMC, Transaction Charges 2020

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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. ...

1. AxisDirect Account Opening Charges

AxisDirect offers stock trading account and demat account services. Customer pays the fees, commission and taxes while trading with AxisDirect. AxisDirect fee structure and trading commission rates are explained as below.

To open AxisDirect account you have to pay account opening charges and annual maintenance charges (AMC).

AxisDirect Account Opening Charges | AxisDirect AMC 2020

Transaction	Fee
Trading Account Opening Charges (One Time)	₹900
Trading Annual Maintenance Charges AMC (Yearly Fee)	₹0
Demat Account Opening Charges (One Time)	₹0
Demat Account Annual Maintenance Charges AMC (Yearly Fee)	₹650

Find information about AxisDirect account opening, AxisDirect open account, AxisDirect opening charges, AxisDirect account opening charges, AxisDirect account opening status, AxisDirect amc charges, AxisDirect account charges and AxisDirect account closure.

2. AxisDirect Brokerage Charges 2020

Customer pays commission (brokerage) when buying or selling stocks through AxisDirect. The brokerage charges for equity, commodities and currency derivative trading for AxisDirect are explain as below.

AxisDirect Standard Brokerage Plan (Brokerage Plan)

Segment	Brokerage Fee
Monthly Fee (Fixed)	NA
Equity Delivery	0.50%
Equity Intraday	0.05%
Equity Futures	0.05%
Equity Options	Intraday: ₹0.01 per lot \| Carry Forward: ₹10 per lot
Currency Futures	0.05%
Currency Options	Intraday: ₹0.01 per lot \| Carry Forward: ₹10 per l
Commodity Futures	0.03%
Commodity Options	₹50 per lot

3. AxisDirect Demat Account Charges 2020

The demat account transactions are charged separately from trading commission. Find AxisDirect demat account charges 2020.

Axis Depository Service Charges for Resident Retail Customers

DESCRIPTION OF CHARGES	REGULAR ACCOUNT	BASIC SERVICES DEMAT ACCOUNT (BSDA)
Account Opening Charges	Nil	Nil
Account Closing Charges	Nil	Nil
Annual Maintenance Charges (AMC)	For Axis Bank Customers: First Year - No AMC Second Year onwards: ₹ 750/-	Depending upon holding value- Upto ₹50,000/- :- NIL From ₹50,001 to ₹200,000 :- ₹100/- Above ₹200,000:- Tariff for regular accounts will be applicable

				For Other Bank Customers: ₹2,500/- p.a
				For Other Bank Customers: ₹2,500/- p.a
Demat Charges	₹5/- per certificate or ₹50/- per request, whichever is higher.	Same account	₹5/- per certificate or ₹50/- per request, whichever is higher.
Remat Charges	₹20/- for every 100 securities or part thereof or ₹50/- per request, whichever is higher.	Same account	₹20/- for every 100 securities or part thereof or ₹50/- per request, whichever is higher.
Credit Transactions	NIL	NIL
Debit Transactions	0.04% of the value of the transaction or ₹25/- (per instruction) whichever higher.	0.06% of the value of the transaction or ₹50/- (per Instruction)whichever is higher.
Failed / Rejected Instruction	₹10/- per Instruction	₹10/- per Instruction
Ad-hoc Statement	₹100/- per Statement	₹100/- per Statemen
DIS Booklet Charge	NIL	₹200/- per Booklet from DIS re-issuance
Account Modification Charges	NIL	₹100/-
PLEDGE SERVICES
Creation / Closure / Invocation	0.04% of the value of the transaction or ₹50/- (per Instruction) whichever is higher.	0.06% of the value of the transaction or ₹50/- (per Instruction) whichever is higher.
SPEED-e (Applicable for NSDL)
SPEED-e Annual Maintenance charges	NSDL Charges (at actual)	NSDL Charges (at actual)

All information about AxisDirect demat account, AxisDirect demat account review, AxisDirect demat account charges, AxisDirect demat account opening, AxisDirect dp charges, AxisDirect demat charges and AxisDirect dp id.

4. AxisDirect Transaction Charges (Exchange Turnover Charge)

A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .

AxisDirect Transaction Charges 2020

Segment	Transaction Fee
Equity Delivery	NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday	NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Futures	NSE ₹190 per Cr (0.0019%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Options	NSE ₹5000 per Cr (0.05%) \| BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures	₹190 per Cr (0.0019%)
Currency Options	₹5000 per Cr (0.05%) (on premium)
Commodity

5. AxisDirect Trading Taxes

AxisDirect charges several government taxes and fees in addition to the brokerage. These AxisDirect trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the AxisDirect tax calculation.

AxisDirect Tax on Trading

Tax AxisDirect	Rates
Securities Transaction Tax (STT)	Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT
Exchange Transaction Charges	Refer table above
GST	18% on (Brokerage + Transaction Charge)
SEBI Charges	0.00005% (₹5/Crore)
Stamp Duty	State-wise

AxisDirect Ratings

AxisDirect Review Ratings (based on votes by the customers)
Overall Rating	Fees	Brokerage	Usability	Customer Service	Research Capabilities
2.2/5	2.1/5	1.8/5	2.7/5	2.3/5	3.7/5

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Frequently Asked Questions

1. What is Axis Bank's Trade@20 plan?

Axis Bank offers Trade@20 plan for stock trading. This plan offers Equity and Equity Derivatives trading at BSE and NSE. In this plan, the brokerage is charged at a flat rate of ₹20 per trade when you maintain a minimum 'Average Quarterly Balance' of ₹75,000 in the Axis Bank account linked to the trading account.

If you do not maintain 'Average Quarterly Balance', you are moved to default Fixed Brokerage Plan where you are charged the brokerage in % (i.e. Equity Delivery at 0.50%).

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2. Can I take Axis ₹20 per trade plan if I am not an Axis Bank customer?

Yes, a non-Axis bank account holder can open a trading and demat account with Axis Securities and avail the Trade@20 Plan by paying an additional ₹250 per month maintenance fee.

Axis bank Rs 20 per trade plan (Trade@20 Plan) is designed for 3-in-1 account holders who maintain a minimum 'Average Quarterly Balance' of ₹75,000 in their linked Axis Bank account.

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3. Does Axis Banks Trade@20 plan work for Commodity trading at MCX?
No, Axis Trade@20 plan (₹20 per trade) is not for commodity trading at MCX. For commodity trading customer has to pay default fixed brokerage as below:
- Commodity Futures: 0.03% (Each Leg)
- Commodity Options: ₹50 per lot
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4. Does Axis Banks Trade at 20 plan work for Currency Trading?
No, Axis Trade@20 plan (₹20 per trade) is not for currency derivatives. For currency trading customer has to pay default fixed brokerage as below:
- Currency Futures: 0.05% (Each Leg)
- Currency Options: Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
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5. What are the hidden charges of Axis Bank trade 20 account?
- Axis Bank Average Quarterly Balance: ₹75,000
- Minimum Brokerage Charges: ₹20 per trade
- Call & Trade Service: ₹20 per call
- Brokerage Plan Modification Charge: ₹500 per quarter
- Trade@20 Plan maintenance charges for Non-Axis Bank customers: ₹250 per month
- Payment Gateway Charges (For Non-Axis Bank Customers): ₹9 per transfer
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