AxisDirect Vs Yes Securities (Compare AxisDirect and Yes Securities)

AxisDirect Vs Yes Securities

Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.

	AxisDirect	Yes Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE
Year of Incorporation	2006	2013
Number of Branches	56	52
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AxisDirect Vs Yes Securities Charges & AMC

AxisDirect trading account opening charges is Rs 900 while Yes Securities account opening changes is Rs 999. AxisDirect Demat Account AMC Charges is Rs 650 and Yes Securities Demat Account AMC Charges is Rs 500.

	AxisDirect	Yes Securities
Trading Account Opening Charges	Rs 900	Rs 999
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 650	Rs 500

AxisDirect Vs Yes Securities Brokerage

AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides).

	AxisDirect	Yes Securities
Account Type	Standard Brokerage Plan	INVEST Value Plan
Fixed Charges	NA
Equity Delivery	0.50%	0.45%
Equity Intraday	0.05%	0.05%(both Sides)
Equity Futures	0.05%	0.05% | Intraday - 0.02%
Equity Options	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot	Rs 75 per lot | Intraday - Rs 25 per lot
Currency Futures	0.05%	0.05% | Intraday - 0.02%
Currency Options	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l	Rs 75 per lot | Intraday - Rs 25 per lot
Commodity Futures	0.03%	NA
Commodity Options	Rs 50 per lot	NA
Special Offer

AxisDirect Vs Yes Securities Brokerage Plan 2

	AxisDirect	Yes Securities
Account Type	Standard Brokerage Plan	INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover)
Fixed Charges	NA
Equity Delivery	0.50%	0.40%
Equity Intraday	0.05%	0.04%
Equity Futures	0.05%	0.04% | Intraday - 0.02%
Equity Options	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot	Rs 70 per lot | Intraday - Rs 25 per lot
Currency Futures	0.05%	0.04% | Intraday - 0.02%
Currency Options	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l	Rs 70 per lot | Intraday - Rs 25 per lot
Commodity Futures	0.03%	NA
Commodity Options	Rs 50 per lot	NA
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AxisDirect Charges Vs Yes Securities

Minimum Brokerage	Rs 20 per trade	Rs 25 or 2.5% of Trade Value whichever is lower
Other Charges
Call & Trade Charges	Rs 20 per call	Additional Rs 25 per executed order

AxisDirect Vs Yes Securities 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 Yes Securities exchange transaction charges for options is 0.053% (on premium).

	AxisDirect	Yes Securities
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	0.00325%
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	0.00325%
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)	0.002%
Equity Options	NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)	0.053% (on premium)
Currency Futures	Rs 190 per Cr (0.0019%)	0.00125%
Currency Options	Rs 5000 per Cr (0.05%) (on premium)	0.0435% (on premium)
Commodity		0.0030%
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AxisDirect Vs Yes Securities 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 Yes Securities 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	Yes Securities
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 Yes Securities Features

The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Yes Securities offers YesInvest (Website), Yes Trader (Mobile App) trading software.

	AxisDirect	Yes Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	DirectTrade, Axisdirect Web, Axisdirect Mobile	YesInvest (Website), Yes Trader (Mobile App)
Intraday Square-off Time	3:15
Other Features
Referral Program
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AxisDirect Vs Yes Securities Review

AxisDirect is rated 2.1 of 5 based on 71 customer reviews whereas Yes Securities is rated 2.0 of 5 based on 2 customer reviews.

	AxisDirect	Yes Securities
	71 Customer Reviews	2 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	AxisDirect is rated 2.1 of 5 based on 71 customer reviews	Yes Securities is rated 2.0 of 5 based on 2 customer reviews

AxisDirect Vs Yes Securities Investment Options

	AxisDirect	Yes Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, ETF, Corporate FD

AxisDirect Vs Yes Securities Order Type Offered

	AxisDirect	Yes Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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AxisDirect Vs Yes Securities Research Report

	AxisDirect	Yes Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

AxisDirect Vs Yes Securities Suitable For Investor Type

	AxisDirect	Yes Securities
Casual Investor
Active Investor
Trader

AxisDirect Vs Yes Securities - Pros and Cons

	AxisDirect	Yes Securities
Pros	Offers 3-in-1 investment account Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts	Part of the prestigious Yes Bank. Full-service broker offering dedicated RM to all customers. Offer 3-in-1 investment account for seamless transactions between bank, trading and demat account. Neighborhood support is available through 50+ branches.
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	Very expensive brokerage charges Doesn't offer commodity trading at MCX. Minimum brokerage of Rs 25. Call & Trade is available for an additional Rs 25 per executed order. Doesn't provide 'Installable Trading Terminal' software to customers.
Reviews
Promo / Offers
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