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 is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account...
Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account.
Axis Bank has 10 international branch offices across the w...
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 Vs AxisDirect NRI Account Margin
Zerodha Margin
AxisDirect Margin
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.
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
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Zerodha Vs AxisDirect Order Type Offered for NRI Account
Zerodha
AxisDirect
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Zerodha Vs AxisDirect - NRI Account Advantages and Disadvantages
Zerodha
AxisDirect
Pros
Discount stock broker offer trading at a low brokerage charges. Zerodha charges ₹200 per order whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for ₹1 lakh, you pay ₹750 with a full-service stock broker whereas Zerodha will charge you ₹200.
India's largest stock broker in terms of active customers.
Offers access to best-in-industry trading software and tools.
Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank Account.
Offers 4-in-1 account for fast trading experience.
Offers online Mutual Fund, IPO and NCD services.
One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
Free trading and investment recommendations.
Assistance from Relationship Managers.
GTC and AMO orders.
A subsidiary of the reputed Axis Bank.
Cons
Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
Doesn't offer Mutual Funds to NRI customers.
Doesn't provide research reports or analysis.
The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
Axis does not provide online trading facility to USA based NRI clients.
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
Free Equity Delivery Trading and Mutual Funds
Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
Tradingo
Edelweiss
5Paisa
IIFL Sec
Sharekhan
ICICIdirect
HDFC Sec
SBI Capital
Axis Direct
Kotak Sec
SAMCO
TradeSmart
Fyers
Alice Blue
Tradeplus
SAS Online
GCL Sec
Groww
Open Zerodha Account
