Chittorgarh.com
Free Trading + Demat Account

AxisDirect Vs Trustline (Compare AxisDirect and Trustline)

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

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

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

Expand

AxisDirect Vs Trustline

  Axis Securities Trustline Securities Ltd
 
Axis Securities Logo Trustline Securities 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 1989, Trustline Securities is a Noida based financial service provider. Trustline is a full-service broker for over 25 years. Trustline offers customised investment solutions to corporate, institutions and retail investors, through a ... Know more about Trustline Securities Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX
Account Type Trade@20 (SA75000) Full-service Brokerage Plan
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 Trustline Charges

  Axis Securities Trustline Securities Ltd
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 Trustline Brokerage

Brokerage Plan 1

  Axis Securities Trustline Securities Ltd
Account Type Trade@20 (SA75000) Full-service Brokerage Plan
Fixed Charges
Equity Delivery Brokerage ₹20 per executed order 0.20% (20 paisa)
Equity Intraday Brokerage ₹20 per executed order 0.02% (2 paisa)
Equity Futures Brokerage ₹20 per executed order 0.02% (2 paisa)
Equity Options Brokerage ₹20 per executed order ₹75 per lot
Currency Futures Trading Brokerage 0.03% each side 0.02% (2 paisa)
Currency Options Trading Brokerage ₹20 per lot ₹7.5 per lot
Commodity Futures Trading Brokerage 0.03% each side Future: 0.02% (2 paisa) | Options: ₹50 per lot
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 Trustline Taxes

  Axis Securities Trustline Securities 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 Trustline Transaction Charges

  Axis Securities Trustline Securities Ltd
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 Trustline Exposure Margin

  Axis Securities Trustline Securities Ltd
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 Trustline Feature Comparison

  Axis Securities Trustline Securities Ltd
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 Trustline Review

  Axis Securities Trustline Securities Ltd
  48 Customer Reviews    Rate AxisDirect 1 Customer Reviews    Rate Trustline
Fees Ratings 2.0 4.0
Trading Brokerage Rating 1.8 3.0
Trading Platform Usability 2.7 4.0
Customer Service Ratings 2.4 4.0
Overall Ratings Rated 2.2 stars Rated 4.0 stars
Broker Rating AxisDirect is Rated 2.2 / 5 based on 48 customer reviews Trustline is Rated 4.0 / 5 based on 1 customer reviews
Expand

Contact Broker / Request A Call Back

  Axis Securities Trustline Securities Ltd
Contact / Request Call Back
Expand

AxisDirect Vs Trustline Investment Options

  Axis Securities Trustline Securities Ltd
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 Trustline Customer Service

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

AxisDirect Vs Trustline Order Type Offered

  Axis Securities Trustline Securities Ltd
Bracket Order No
Cover Order Yes 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 Trustline Research Report

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

AxisDirect Vs Trustline Suitable For Investor Type

  Axis Securities Trustline Securities Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

AxisDirect Vs Trustline - Advantages and Disadvantages

  Axis Securities Trustline Securities 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...

  • Research based fundamental and technical analysis available to all the customers.
  • 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
  • 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.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API is now available.
  • 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