Chittorgarh.com
Free Trading + Demat Account

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.

Expand

AxisDirect Vs Finvasia

  Axis Securities Finvasia Securities Pvt Ltd
 
Axis Securities Logo Finvasia Securities Pvt Ltd Logo
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... Know more about Axis Securities 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 manageme... Know more about Finvasia Securities Pvt Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Trade@20 (SA75000) Standard
Broker Enquiry Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
Year of Incorporation 2006 2013
Number of Branches 56 1
Expand

AxisDirect Vs Finvasia Charges

  Axis Securities Finvasia Securities Pvt Ltd
Trading Account Opening Fees ₹900 (3 in 1 account) ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 ₹0 (Free)
Demat Account AMC ₹650 (free for 1st year) ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
Expand

AxisDirect Vs Finvasia Brokerage

Brokerage Plan 1

  Axis Securities Finvasia Securities Pvt Ltd
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

Brokerage Plan 2

  Axis Securities Finvasia Securities Pvt Ltd
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

Other Charges

Minimum Brokerage Charges ₹20 per trade ₹0
Other Brokerage Charges None
Call & Trade Charges ₹20 per call ₹0
Expand

AxisDirect Vs Finvasia Taxes

  Axis Securities Finvasia Securities Pvt Ltd
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
Expand

AxisDirect Vs Finvasia Transaction Charges

  Axis Securities Finvasia Securities Pvt Ltd
Equity Delivery 0.00325% (₹325/Cr) ₹325/crore
Equity Intraday 0.00325% (₹325/Cr) ₹325/crore
Equity Futures 0.0019% (₹190/Cr) ₹190/crore
Equity Options 0.05% (₹5000/crore) ₹5000/crore of premium
Currency Futures 0.0019% (₹190/Cr) ₹115/crore
Currency Options 0.05% (₹5000/crore) ₹4000/crore of premium
Commodity ₹260/crore
Expand

AxisDirect Vs Finvasia Exposure Margin

  Axis Securities Finvasia Securities Pvt Ltd
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)
Expand

AxisDirect and Finvasia Feature Comparison

  Axis Securities Finvasia Securities Pvt Ltd
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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 Yes
Expand

AxisDirect Vs Finvasia Review

  Axis Securities Finvasia Securities Pvt Ltd
  48 Customer Reviews    Rate AxisDirect 9 Customer Reviews    Rate Finvasia
Fees Ratings 2.0 4.4
Trading Brokerage Rating 1.8 4.8
Trading Platform Usability 2.7 3.0
Customer Service Ratings 2.4 4.7
Overall Ratings Rated 2.2 stars Rated 4.7 stars
Broker Rating AxisDirect is Rated 2.2 / 5 based on 48 customer reviews Finvasia is Rated 4.7 / 5 based on 9 customer reviews
Expand

Contact Broker / Request A Call Back

  Axis Securities Finvasia Securities Pvt Ltd
Contact / Request Call Back
Expand

AxisDirect Vs Finvasia Investment Options

  Axis Securities Finvasia Securities Pvt Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Loans, ETF, Corporate FD
Expand

AxisDirect Vs Finvasia Customer Service

  Axis Securities Finvasia Securities Pvt Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
Expand

AxisDirect Vs Finvasia Order Type Offered

  Axis Securities Finvasia Securities Pvt Ltd
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
Expand

AxisDirect Vs Finvasia Research Report

  Axis Securities Finvasia Securities Pvt Ltd
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

AxisDirect Vs Finvasia Suitable For Investor Type

  Axis Securities Finvasia Securities Pvt Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

AxisDirect Vs Finvasia - Advantages and Disadvantages

  Axis Securities Finvasia Securities Pvt Ltd
Pros
  1. Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
  2. Offers 3-in-1 investment account
  3. Free research reports
  4. 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
Enquire about AxisDirect Enquire about Finvasia
Compare More Brokers



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App