AxisDirect Vs Trustline (Compare AxisDirect and Trustline)


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


Trustline
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 wide network of offices across India. Trustline provides brokerage services through the online trading website and 400+ branch offices. Trustline research desk offers research based-on technical and fundamental analysis in equity, currency, and comm... Know more about Trustline Securities Ltd

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AxisDirect Vs Trustline

Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in , Trustline is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  AxisDirect Trustline
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2006
Number of Branches 56
Open an Online Trading Account with AxisDirect.Open an Online Trading Account with Trustline.
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AxisDirect Vs Trustline Charges & AMC

AxisDirect trading account opening charges is Rs 900 while Trustline account opening changes is Rs 0 (Free). AxisDirect Demat Account AMC Charges is Rs 650 and Trustline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.

  AxisDirect Trustline
Trading Account Opening Charges Rs 900 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges Rs 650 Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0
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AxisDirect Vs Trustline Brokerage Charges & Plans

AxisDirect Vs Trustline Brokerage

AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas Trustline brokerage charges for equity is 0.20% (20 paisa) and intraday is 0.02% (2 paisa).

  AxisDirect Trustline
Account Type Standard Brokerage Plan Full-service Brokerage Plan
Fixed Charges NA
Equity Delivery 0.50% 0.20% (20 paisa)
Equity Intraday 0.05% 0.02% (2 paisa)
Equity Futures 0.05% 0.02% (2 paisa)
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Rs 75 per lot
Currency Futures 0.05% 0.02% (2 paisa)
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l Rs 7.5 per lot
Commodity Futures 0.03% Future: 0.02% (2 paisa) | Options: Rs 50 per lot
Commodity Options Rs 50 per lot
Special Offer
Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

AxisDirect Charges Vs Trustline

Minimum Brokerage Rs 20 per trade Rs 0 (No Minimum Brokerage)
Other Charges Physical contact notes: Rs 20
Call & Trade Charges Rs 20 per call Rs 0 (Free)
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AxisDirect Vs Trustline Transaction Charges

AxisDirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) while Trustline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  AxisDirect Trustline
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 190 per crore (0.0019%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures Rs 190 per Cr (0.0019%) NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%)
Currency Options Rs 5000 per Cr (0.05%) (on premium) NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500
Commodity MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%)
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AxisDirect Vs Trustline Leverage (Margin)

AxisDirect margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Trustline margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  AxisDirect Trustline
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare AxisDirect and Trustline Features

The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Trustline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

  AxisDirect 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 Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform DirectTrade, Axisdirect Web, 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
Referral Program Yes
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AxisDirect Vs Trustline Review

AxisDirect is rated 2.1 of 5 based on 71 customer reviews whereas Trustline is rated 4.0 of 5 based on 1 customer reviews.

  AxisDirect Trustline
  71 Customer Reviews    Rate AxisDirect 1 Customer Reviews    Rate Trustline
Fees 2.0 4.0
Brokerage 1.7 3.0
Trading Platform 2.6 4.0
Customer Service 2.2 4.0
Research Capabilities 2.9
Overall Ratings Rated 2.1 stars Rated 4.0 stars
Broker Rating AxisDirect is rated 2.1 of 5 based on 71 customer reviews Trustline is rated 4.0 of 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  AxisDirect Enquire Trustline Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
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AxisDirect Vs Trustline Investment Options

  AxisDirect Trustline
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Loans, ETF, Corporate FD Insurance, Wealth Management
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AxisDirect Vs Trustline Order Type Offered

  AxisDirect Trustline
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
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AxisDirect Vs Trustline Research Report

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

  AxisDirect Trustline
Casual Investor Yes
Active Investor Yes
Trader Yes
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AxisDirect Vs Trustline - Pros and Cons

  AxisDirect Trustline
Pros
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  • 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.
Cons
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
  • 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.
Reviews
Promo / Offers

Lifetime FREE AMC Demat Account - 50% Off

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

This is a limited time offer. Simply leave your contact information with us and Trustline representatives will contact you.

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