AxisDirect Vs Indira Securities (Compare AxisDirect and Indira Securities)

The side-by-side comparison of AxisDirect and Indira Securities. Compare AxisDirect Vs Indira Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best AxisDirect vs Indira Securities?


AxisDirect
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. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities


Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL. The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers. Indira Securities offers both traditional and discount brokerage plans. In the ... Know more about Indira Securities Pvt Ltd

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AxisDirect Vs Indira Securities

Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

  AxisDirect Indira Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX and NCDEX
Account Type Standard Brokerage Plan Traditional Plan
Year of Incorporation 2006 1987
Number of Branches 56 335
Broker Enquiry Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you.
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AxisDirect Vs Indira Securities Charges & AMC

AxisDirect trading account opening charges is ₹900 while Indira Securities account opening changes is ₹0 (Free). AxisDirect Demat Account AMC Charges is ₹650 and Indira Securities Demat Account AMC Charges is ₹450 (Free for 1st year).

  AxisDirect Indira Securities
Trading Account Opening Charges ₹900 ₹0 (Free)
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹650 ₹450 (Free for 1st year)
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AxisDirect Vs Indira Securities Brokerage Charges & Plans

AxisDirect Vs Indira Securities Brokerage

AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

  AxisDirect Indira Securities
Account Type Standard Brokerage Plan Traditional Plan
Fixed Charges NA
Equity Delivery Brokerage 0.50% 0.10%
Equity Intraday Brokerage 0.05% 0.01%
Equity Futures Brokerage 0.05% 0.01%
Equity Options Brokerage Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot ₹25 per lot (both side)
Currency Futures Trading Brokerage 0.05% 0.01%
Currency Options Trading Brokerage Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l ₹25 per lot (both side)
Commodity Futures Trading Brokerage 0.03% 0.01%
Commodity Options Trading Brokerage ₹50 per lot ₹25 per lot (both side)
Special Offer
Special Offer: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

AxisDirect Vs Indira Securities Brokerage Plan 2

  AxisDirect Indira Securities
Account Type Standard Brokerage Plan Discount Brokerage Plan
Fixed Charges NA NA
Equity Delivery Brokerage 0.50% ₹20 per executed order
Equity Intraday Brokerage 0.05% ₹20 per executed order
Equity Futures Brokerage 0.05% ₹20 per executed order
Equity Options Brokerage Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.05% ₹20 per executed order
Currency Options Trading Brokerage Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l ₹20 per executed order
Commodity Futures Trading Brokerage 0.03% ₹20 per executed order
Commodity Options Trading Brokerage ₹50 per lot ₹20 per executed order

AxisDirect Charges Vs Indira Securities

Minimum Brokerage Charges ₹20 per trade ₹20 per executed order
Other Brokerage Charges
Call & Trade Charges ₹20 per call ₹0 (Free)
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AxisDirect Vs Indira Securities Transaction Charges

AxisDirect transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium) while Indira Securities exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

  AxisDirect Indira Securities
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) NSE ₹325 per Cr (0.00325%)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) NSE ₹325 per Cr (0.00325%)
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side) NSE ₹190 per Cr (0.0019%)
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium) NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures ₹190 per Cr (0.0019%) NSE ₹120 per Cr (0.0012%)
Currency Options ₹5000 per Cr (0.05%) (on premium) NSE ₹500 per Cr (0.005%) (on premium)
Commodity Non-Agri: ₹260 per Cr (0.0026%) | Agri: ₹600 per Cr (0.006%)
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AxisDirect Vs Indira Securities Leverage (Margin)

AxisDirect provides the margin of Upto 10x for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).

  AxisDirect Indira Securities
Equity Delivery 100% (1x) 1x (no margin)
Equity Intraday Upto 10x Up to 10x (based on the stock)
Equity Futures 100% (1x) Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Equity Options 100% (1x) 1x (no margin)
Currency Futures 100% (1x) Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options 100% (1x) 1x (no margin)
Commodity Futures 3x Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options 100% (1x) 1x (no margin)
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Compare AxisDirect and Indira Securities Features

The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Indira Securities offers ODIN trading software.

  AxisDirect Indira Securities
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform DirectTrade, Axisdirect Web, Axisdirect Mobile ODIN
Intraday Square-off Time 3:15 3:15 PM
Other Features
Referral Program Yes Yes
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AxisDirect Vs Indira Securities Review

AxisDirect is rated 2.1 of 5 based on 61 customer reviews whereas Indira Securities is rated 4.5 of 5 based on 2 customer reviews.

  AxisDirect Indira Securities
  61 Customer Reviews    Rate AxisDirect 2 Customer Reviews    Rate Indira Securities
Fees 2.0 3.0
Trading Brokerage 1.8 5.0
Trading Platform Usability 2.7 4.5
Customer Service 2.3 4.5
Research Capabilities 2.9 5.0
Overall Ratings Rated 2.1 stars Rated 4.5 stars
Broker Rating AxisDirect is rated 2.1 of 5 based on 61 customer reviews Indira Securities is rated 4.5 of 5 based on 2 customer reviews
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  AxisDirect Enquire Indira Securities Enquire
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AxisDirect Vs Indira Securities Investment Options

  AxisDirect Indira Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, ETF, Corporate FD
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AxisDirect Vs Indira Securities Order Type Offered

  AxisDirect Indira Securities
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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AxisDirect Vs Indira Securities Research Report

  AxisDirect Indira Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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AxisDirect Vs Indira Securities Suitable For Investor Type

  AxisDirect Indira Securities
Casual Investor Yes
Active Investor Yes
Trader Yes
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AxisDirect Vs Indira Securities - Pros and Cons

  AxisDirect Indira Securities
Pros
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  • Full-service broker offering discount brokerage plan.
  • Relationship manager even for online customers.
  • Offers ODIN as trading platform.
  • Investment in mutual fund for free.
  • Pan India presence with hundreds of branches, and business partners.
  • No charges for Call & Trade and Auto Square-off.
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
  1. Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading account.
Reviews
Promo / Offers

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website

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AxisDirect Indira Securities
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