AxisDirect Vs Finvasia (Compare AxisDirect and Finvasia)
The side-by-side comparison of AxisDirect and Finvasia. Compare AxisDirect Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and AxisDirect review.
Find out AxisDirect Vs Finvasia which is better and AxisDirect Vs Finvasia which is best.
Our Axis Securities comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between AxisDirect and Finvasia.
AxisDirect Vs Finvasia
AxisDirect
Finvasia
Find more info about broker
About the Broker
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 AxisDir...
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, in...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Trade@20 (SA75000)
Standard
Broker Enquiry
Year of Incorporation
2006
2013
Number of Branches
56
1
Enquire AxisDirect
Enquire Finvasia
AxisDirect Vs Finvasia Charges
AxisDirect
Finvasia
Trading Account Opening Fees
₹900
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹0
₹0 (Free)
Demat Account AMC
₹650
₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory?
No
No
AxisDirect Vs Finvasia Brokerage
Brokerage Plan 1
AxisDirect
Finvasia
Account Type
Trade@20 (SA75000)
Standard
Fixed Charges
Equity Delivery Brokerage
₹20 per executed order
₹0
Equity Intraday Brokerage
₹20 per executed order
₹0
Equity Futures Brokerage
₹20 per executed order
₹0
Equity Options Brokerage
₹20 per executed order
₹0
Currency Futures Trading Brokerage
NA
₹0
Currency Options Trading Brokerage
NA
₹0
Commodity Futures Trading Brokerage
NA
₹0
Commodity Options Trading Brokerage
NA
₹0
Special Offer
Brokerage Plan 2
AxisDirect
Finvasia
Account Type
Fixed Brokerage Plan
Standard
Fixed Charges
NA
Equity Delivery Brokerage
0.50% (Each Leg)
₹0
Equity Intraday Brokerage
0.05% (Each Leg)
₹0
Equity Futures Brokerage
0.05% (Each Leg)
₹0
Equity Options Brokerage
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
₹0
Currency Futures Trading Brokerage
0.05% (Each Leg)
₹0
Currency Options Trading Brokerage
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
₹0
Commodity Futures Trading Brokerage
0.03% (Each Leg)
₹0
Commodity Options Trading Brokerage
₹50 per lot
₹0
Other Charges
Minimum Brokerage Charges
₹20 per trade
₹0
Other Brokerage Charges
Bracket Orders in NEST: ₹99 per month
Call & Trade Charges
₹20 per call
₹0
AxisDirect Vs Finvasia Taxes
AxisDirect
Finvasia
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
AxisDirect Vs Finvasia Transaction Charges
AxisDirect
Finvasia
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Futures
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
₹5000 per Cr (0.05%) (on premium)
Currency Futures
₹190 per Cr (0.0019%)
₹115 per Cr (0.00115%)
Currency Options
₹5000 per Cr (0.05%) (on premium)
₹4000 per Cr (0.04%) (on premium)
Commodity
₹260 per Cr (0.0026%)
AxisDirect Vs Finvasia Exposure Margin
AxisDirect
Finvasia
Equity Delivery
100% (1x)
1x
Equity Intraday
Upto 10x
up to 10x
Equity Futures
100% (1x)
2x
Equity Options
100% (1x)
1x
Currency Futures
100% (1x)
1x
Currency Options
100% (1x)
1x
Commodity Futures
3x
2x
Commodity Options
100% (1x)
1x
AxisDirect and Finvasia Feature Comparison
AxisDirect
Finvasia
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
DirectTrade, Axisdirect Web, Axisdirect Mobile
Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time
3:15
3:15 PM
Other Features
Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
AxisDirect Vs Finvasia Review
AxisDirect
Finvasia
53 Customer Reviews
14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
AxisDirect is Rated 2.2 / 5 based on 53 customer reviews Finvasia is Rated 4.5 / 5 based on 14 customer reviews
AxisDirect Vs Finvasia Investment Options
AxisDirect
Finvasia
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Loans, ETF, Corporate FD
AxisDirect Vs Finvasia Customer Service
AxisDirect
Finvasia
24/7 Customer Service
Onine Live Chat
Through Branches
AxisDirect Vs Finvasia Order Type Offered
AxisDirect
Finvasia
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
AxisDirect Vs Finvasia Research Report
AxisDirect
Finvasia
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
AxisDirect Vs Finvasia Suitable For Investor Type
AxisDirect
Finvasia
Casual Investor
Active Investor
Trader
AxisDirect Vs Finvasia - Advantages and Disadvantages
AxisDirect
Finvasia
Pros
Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
Offers 3-in-1 investment account
Free research reports
Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
More Advantages...
Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
Doesn't charge any trade clearing charges.
A variety of trading platforms are available for the trader to choose from.
Provides trading API and support Algo trading tools.
Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
Call & trade is available for free to all the customers.
GTC orders are available in MCX.
More Advantages...
Cons
Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
Charges ₹250 per month fee if you are not an axis bank customer.
Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
Higher commodity and currency trading brokerage.
Call & Trade is charged ₹20 extra per trade
More Disadvantages...
Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
Doesn't offer a 3-in-1 account.
Doesn't offer margin funding. The company is planning to launch this service in future.
Leverage offered is on the lower side in comparison with other discount brokers.
NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
GTC orders are not available at NSE and BSE.
More Disadvantages...
Reviews
Promo / Offers
Zerodha
Zero Account Opening Fee