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About 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...
About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Gift City, Gandhinagar, Gujarat-based financial service provider. The company offers a range of financial products and services. These include Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds, and Corporate FDRs.
Raghunandan Money is a member of NSE, BSE, MCX, NCDEX, and CDSL. The company is among the top 5 commodity brokers in India. It contributes over 8% of NCDEX daily and 4% of MCX turnover. It has ...
Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.
AxisDirect | RMoney | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
Year of Incorporation | 2006 | |
Number of Branches | 56 | |
AxisDirect trading account opening charges is Rs 900 while RMoney account opening changes is Rs 0 (Free). AxisDirect Demat Account AMC Charges is Rs 650 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).
AxisDirect | RMoney | |
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Trading Account Opening Charges | Rs 900 | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
Demat Account AMC Charges | Rs 650 | Rs 0 for lifetime (Free) |
AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.
Account Type | AxisDirect Standard Brokerage Plan | RMoney Rs 9 Per Trade Plan |
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Fixed Charges | NA | NA |
Equity Delivery | 0.50% | Rs 9 per executed order |
Equity Intraday | 0.05% | Rs 9 per executed order |
Equity Futures | 0.05% | Rs 9 per executed order |
Equity Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot | Rs 9 per executed order |
Currency Futures | 0.05% | Rs 9 per executed order |
Currency Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l | Rs 9 per executed order |
Commodity Futures | 0.03% | Rs 9 per executed order |
Commodity Options | Rs 50 per lot | Rs 9 per executed order |
Special Offer | Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
AxisDirect | RMoney | |
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Account Type | Standard Brokerage Plan | Rs 999 Per Month Trade Plan |
Fixed Charges | NA | Rs 999 |
Equity Delivery | 0.50% | Rs 0 |
Equity Intraday | 0.05% | Rs 0 |
Equity Futures | 0.05% | Rs 0 |
Equity Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot | Rs 0 |
Currency Futures | 0.05% | Rs 0 |
Currency Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l | Rs 0 |
Commodity Futures | 0.03% | Rs 0 |
Commodity Options | Rs 50 per lot | Rs 0 |
Minimum Brokerage | Rs 20 per trade | Rs 0 |
Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment | |
Call & Trade Charges | Rs 20 per call | Rs 0 (Unlimited Calls) |
AxisDirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%).
AxisDirect | RMoney | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 260 per crore | BSE Rs 70 per crore (0.007%) |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) | NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%) |
Currency Futures | Rs 190 per Cr (0.0019%) | NSE Rs 180 per crore (0.0018%) | BSE Rs 160 per crore (0.0016%) |
Currency Options | Rs 5000 per Cr (0.05%) (on premium) | NSE Rs 5000 (on premium) per crore (0.05%) | BSE Rs 7500 (on premium) per crore (0.075%) |
Commodity | MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) | |
AxisDirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the RMoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
AxisDirect | RMoney | |
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Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.
AxisDirect | RMoney | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | DirectTrade, Axisdirect Web, Axisdirect Mobile | RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) |
Intraday Square-off Time | 3:15 | Equity 3:15 PM |
Trading In SME Shares Allowed? | ||
Referral Program | ![]() |
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Other Features | ||
AxisDirect is rated 2.0 of 5 based on 84 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.
AxisDirect Enquire | RMoney Enquire | |
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Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
AxisDirect | RMoney | |
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Stock / Equity | ![]() |
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Commodity | ![]() |
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Currency | ![]() |
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IPO | ![]() |
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Mutual Funds | ![]() |
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Bond / NCD | ![]() |
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Debt | ![]() |
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Other Investment Options | Loans, ETF, Corporate FD | Corporate FD, Life Instance, General Insurance |
AxisDirect | RMoney | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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AxisDirect | RMoney | |
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Daily Market Report | ![]() |
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Free Tips | ![]() |
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Quarterly Result Analysis | ![]() |
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News Alerts | ![]() |
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AxisDirect | RMoney | |
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Casual Investor | ![]() |
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Active Investor | ![]() |
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Trader | ![]() |
AxisDirect | RMoney | |
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Reviews | Useful Articles: | |
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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