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AxisDirect Vs Karvy (Compare AxisDirect and Karvy)

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

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

Our Axis Securities comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between AxisDirect and Karvy.

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AxisDirect Vs Karvy

  Axis Securities Karvy Stock Broking Ltd
 
Axis Securities Logo Karvy Stock Broking Ltd 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 Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institut... Know more about Karvy Stock Broking Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX
Account Type Trade@20 (SA75000) Retail Brokerage Plan
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 Karvy. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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AxisDirect Vs Karvy Charges

  Axis Securities Karvy Stock Broking Ltd
Trading Account Opening Fees ₹900 (3 in 1 account) ₹420
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹500 ₹420
Demat Account is Mandatory? No No
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AxisDirect Vs Karvy Brokerage

Brokerage Plan 1

  Axis Securities Karvy Stock Broking Ltd
Account Type Trade@20 (SA75000) Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage ₹20 per executed order 0.3%
Equity Intraday Brokerage ₹20 per executed order 0.03%
Equity Futures Brokerage ₹20 per executed order 0.03%
Equity Options Brokerage ₹20 per executed order ₹30 per lot
Currency Futures Trading Brokerage 0.03% each side 0.03%
Currency Options Trading Brokerage ₹20 per lot ₹30 per lot
Commodity Futures Trading Brokerage 0.03% each side 0.03%
Commodity Options Trading Brokerage ₹50 per lot

Brokerage Plan 2

  Axis Securities Karvy Stock Broking Ltd
Account Type Trade@20 (SA75000) Premium Subscription Plan
Fixed Charges Rs 100000 per year
Equity Delivery Brokerage ₹20 per executed order 0.1%
Equity Intraday Brokerage ₹20 per executed order 0.01%
Equity Futures Brokerage ₹20 per executed order 0.01%
Equity Options Brokerage ₹20 per executed order ₹10 per lot
Currency Futures Trading Brokerage 0.03% each side 0.01%
Currency Options Trading Brokerage ₹20 per lot ₹10 per lot
Commodity Futures Trading Brokerage 0.03% each side 0.01%
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 Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges ₹250 per monthly fee if do not have axis bank account
Call & Trade Charges ₹20 per call post 20th call per month
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AxisDirect Vs Karvy Taxes

  Axis Securities Karvy Stock Broking 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.
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AxisDirect Vs Karvy Transaction Charges

  Axis Securities Karvy Stock Broking Ltd
Equity Delivery 0.00325% (₹325/Cr) ₹325
Equity Intraday 0.00325% (₹325/Cr) ₹325
Equity Futures 0.0019% (₹190/Cr) ₹230
Equity Options 0.05% (₹5000/crore) ₹5500
Currency Futures 0.0019% (₹190/Cr) ₹325
Currency Options 0.05% (₹5000/crore)
Commodity ₹300
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AxisDirect Vs Karvy Exposure Margin

  Axis Securities Karvy Stock Broking Ltd
Equity Delivery Nil Upto 5x with 24% interest per year
Equity Intraday Upto 10x Upto 20x
Equity Futures Nil Upto 4x
Equity Options Nil Upto 4x for shorting
Currency Futures NA Nil
Currency Options NA Nil
Commodity 3x Upto 4x
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AxisDirect and Karvy Feature Comparison

  Axis Securities Karvy Stock Broking Ltd
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform DirectTrade, Swift Trade, Axisdirect Mobile NEST, Karvy Web, Trade Mobile
Intraday Square-off Time 3:15 3:15
Other Features Can trade in 32 exchanges through Saxo Trader Ask the expert, The Finapolis
Referral Program
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AxisDirect Vs Karvy Review

  Axis Securities Karvy Stock Broking Ltd
  48 Customer Reviews    Rate AxisDirect 21 Customer Reviews    Rate Karvy
Fees Ratings 2.0 2.7
Trading Brokerage Rating 1.8 2.4
Trading Platform Usability 2.7 2.8
Customer Service Ratings 2.4 2.4
Overall Ratings Rated 2.2 stars Rated 2.1 stars
Broker Rating AxisDirect is Rated 2.2 / 5 based on 48 customer reviews Karvy is Rated 2.1 / 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  Axis Securities Karvy Stock Broking Ltd
Contact / Request Call Back
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AxisDirect Vs Karvy Investment Options

  Axis Securities Karvy Stock Broking Ltd
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
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AxisDirect Vs Karvy Customer Service

  Axis Securities Karvy Stock Broking Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes
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AxisDirect Vs Karvy Order Type Offered

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

  Axis Securities Karvy Stock Broking Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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AxisDirect Vs Karvy Suitable For Investor Type

  Axis Securities Karvy Stock Broking Ltd
Casual Investor Yes Yes
Active Investor
Trader
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AxisDirect Vs Karvy - Advantages and Disadvantages

  Axis Securities Karvy Stock Broking 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...

  1. Offers investment in IPO and Mutual funds
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

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...

  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers

More Disadvantages...

Reviews
Promo / Offers
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