Chittorgarh.com
Free Trading + Demat Account

AxisDirect Vs iTradeOnline (Compare AxisDirect and iTradeOnline)

The side-by-side comparison of AxisDirect and iTradeOnline. Compare AxisDirect Vs iTradeOnline brokerage, charges, exposure margin, demat account. Read iTradeOnline and AxisDirect review.

Find out AxisDirect Vs iTradeOnline which is better and AxisDirect Vs iTradeOnline which is best.

Our Axis Securities comparison with iTradeOnline by Trustline highlights the major differences between two brokers. Find the best between AxisDirect and iTradeOnline.

Expand

AxisDirect Vs iTradeOnline

  Axis Securities iTradeOnline by Trustline
 
Axis Securities Logo iTradeOnline by Trustline Logo
About the Broker Incorporated in 2005, Axis Securities is a subsidiary company of Axis Bank Ltd. Company offers broking services and distribution of financial products to retail customers in India. Axis Sec offers a single account to its customer to invest in Equitie... Know more about Axis Securities iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of ₹20 per executed order or 0.01% whichever is lower. The same lo... Know more about iTradeOnline by Trustline
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX
Account Type Trade@20 (SA75000) Pay Per Trade
Broker Enquiry Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
Expand

AxisDirect Vs iTradeOnline Charges

  Axis Securities iTradeOnline by Trustline
Trading Account Opening Fees ₹900 (3 in 1 account) ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC ₹500 Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Demat Account is Mandatory? No No
Expand

AxisDirect Vs iTradeOnline Brokerage

Brokerage Plan 1

  Axis Securities iTradeOnline by Trustline
Account Type Trade@20 (SA75000) Pay Per Trade
Fixed Charges
Equity Delivery Brokerage ₹20 per executed order ₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage ₹20 per executed order ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹20 per executed order ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹20 per executed order ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage 0.03% each side ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹20 per lot ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage 0.03% each side ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage ₹50 per lot

Other Charges

Minimum Brokerage Charges ₹20 per trade or 2.5% of the trade value whichever is lower ₹0 (No Minimum Brokerage)
Other Brokerage Charges ₹250 per monthly fee if do not have axis bank account Physical contact notes: ₹20
Call & Trade Charges ₹20 per call post 20th call per month ₹0 (Free)
Expand

AxisDirect Vs iTradeOnline Taxes

  Axis Securities iTradeOnline by Trustline
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 iTradeOnline Transaction Charges

  Axis Securities iTradeOnline by Trustline
Equity Delivery 0.00325% (₹325/Cr) NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday 0.00325% (₹325/Cr) NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures 0.0019% (₹190/Cr) NSE ₹190 per crore (0.0019%)
Equity Options 0.05% (₹5000/crore) NSE ₹5000 per crore (0.05%)
Currency Futures 0.0019% (₹190/Cr) NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options 0.05% (₹5000/crore) NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
Expand

AxisDirect Vs iTradeOnline Exposure Margin

  Axis Securities iTradeOnline by Trustline
Equity Delivery Nil 1x (100% Margin Required)
Equity Intraday Upto 10x Up to 20x
Equity Futures Nil NSE: 2x
Equity Options Nil NSE: 2x
Currency Futures NA NSE: 2x
Currency Options NA NSE: 2x
Commodity 3x MCX Futures: 8x
Expand

AxisDirect and iTradeOnline Feature Comparison

  Axis Securities iTradeOnline by Trustline
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform DirectTrade, Swift Trade, Axisdirect Mobile Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time 3:15 Equity: 3:15 PM, Commodity: 11:15 PM
Other Features Can trade in 32 exchanges through Saxo Trader
Referral Program
Expand

AxisDirect Vs iTradeOnline Review

  Axis Securities iTradeOnline by Trustline
  48 Customer Reviews    Rate AxisDirect 6 Customer Reviews    Rate iTradeOnline
Fees Ratings 2.0 4.2
Trading Brokerage Rating 1.8 4.7
Trading Platform Usability 2.7 4.0
Customer Service Ratings 2.4 4.2
Overall Ratings Rated 2.2 stars Rated 4.3 stars
Broker Rating AxisDirect is Rated 2.2 / 5 based on 48 customer reviews iTradeOnline is Rated 4.3 / 5 based on 6 customer reviews
Expand

Contact Broker / Request A Call Back

  Axis Securities iTradeOnline by Trustline
Contact / Request Call Back
Expand

AxisDirect Vs iTradeOnline Investment Options

  Axis Securities iTradeOnline by Trustline
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Insurance, Wealth Management
Expand

AxisDirect Vs iTradeOnline Customer Service

  Axis Securities iTradeOnline by Trustline
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
Expand

AxisDirect Vs iTradeOnline Order Type Offered

  Axis Securities iTradeOnline by Trustline
Bracket Order No
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No
Good Till Cancelled (GTC) Yes
Expand

AxisDirect Vs iTradeOnline Research Report

  Axis Securities iTradeOnline by Trustline
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

AxisDirect Vs iTradeOnline Suitable For Investor Type

  Axis Securities iTradeOnline by Trustline
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

AxisDirect Vs iTradeOnline - Advantages and Disadvantages

  Axis Securities iTradeOnline by Trustline
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...

  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Research based fundamental and technical analysis available to all the customers.
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.

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...

  • Separate account needed for Mutual Funds investment.
  • For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API's are now available.
  • Opening demat account along with the trading account is mandatory.
  • No extra charge for intraday or expiry positions closed by the broker.

More Disadvantages...

Reviews
Promo / Offers

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.

Enquire about AxisDirect
Compare More Brokers



Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App