The side-by-side comparison of Zerodha and AxisDirect NRI Account. Compare Zerodha Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and Zerodha NRI Account reviews.
Find out Zerodha Vs AxisDirect which is better NRI Trading Account. See Zerodha Vs AxisDirect which is best NRI Demat Account.
Our Zerodha comparison with Axis Securities highlights the major differences between two brokers. Find the best between Zerodha and AxisDirect NRI Account.
Zerodha | AxisDirect | |
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Account Type | NRI Account | NRI Account |
Equity Delivery | 0.1% or max ₹200 per trade | 0.75% |
Equity Futures | ₹100 per trade | 0.05% |
Equity Options | ₹100 per trade | Intraday: 1p per lot, Carry Forward: ₹10 per lot |
Contract Note Reporting Charges | NA | |
Other Brokerage Charges | Demat Account AMC: ₹300 yearly | PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50 |
TDS Charges on Long Term Gain (Holding > 365 Days) | 11.96% | 11.96% |
TDS Charges on Short Term Gain (Holding <= 365 Days) | 17.94% | 17.94% |
Zerodha | AxisDirect | |
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Securities Transaction Tax (STT) |
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Exchange Transaction Charges | Check Exchange Transaction Fee | |
SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
Stamp Duty | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. |
Zerodha | AxisDirect | |
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Equity Delivery | 1x | 1x |
Equity Futures | 1x | 1x |
Equity Options | 1x | 1x |
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.
Zerodha | AxisDirect | |
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Contact Broker |
Zerodha | AxisDirect | |
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Pros |
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Cons |
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Conclusion |
Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs. |
AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance. |
Promo / Offers |
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