Edelweiss Vs AxisDirect (Compare Edelweiss and AxisDirect)

The side-by-side comparison of Edelweiss and AxisDirect. Compare Edelweiss Vs AxisDirect brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Edelweiss vs AxisDirect?


Edelweiss
Incorporated in 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate. The Retail Broking business of Edelweiss offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities and Futures & Options. Edelweiss offers investment advice backed by research and analysis to it... Know more about Edelweiss Broking Ltd


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

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Edelweiss Vs AxisDirect

Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  Edelweiss AxisDirect
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Edelweiss Lite Standard Brokerage Plan
Year of Incorporation 2002 2006
Number of Branches 237 56
Broker Enquiry Open an Online Trading Account with Edelweiss. Leave your contact info and we will get in touch with you. Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you.
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Edelweiss Vs AxisDirect Charges & AMC

Edelweiss trading account opening charges is ₹0 (Free) while AxisDirect account opening changes is ₹900. Edelweiss Demat Account AMC Charges is ₹500 (1st Year Free) and AxisDirect Demat Account AMC Charges is ₹650.

  Edelweiss AxisDirect
Trading Account Opening Charges ₹0 (Free) ₹900
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 (Free) ₹0
Demat Account AMC Charges ₹500 (1st Year Free) ₹650
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Edelweiss Vs AxisDirect Brokerage Charges & Plans

Edelweiss Vs AxisDirect Brokerage

Edelweiss brokerage charges for equity is ₹10 per executed order and intraday is ₹10 per executed order whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

  Edelweiss AxisDirect
Account Type Edelweiss Lite Standard Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage ₹10 per executed order 0.50%
Equity Intraday Brokerage ₹10 per executed order 0.05%
Equity Futures Brokerage ₹10 per executed order 0.05%
Equity Options Brokerage ₹10 per executed order Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage ₹10 per executed order 0.05%
Currency Options Trading Brokerage ₹10 per executed order Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage ₹50 per lot
Special Offer
Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

Edelweiss Vs AxisDirect Brokerage Plan 2

  Edelweiss AxisDirect
Account Type Edelweiss Elite Standard Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage 0.30% 0.50%
Equity Intraday Brokerage 0.03% 0.05%
Equity Futures Brokerage 0.03% 0.05%
Equity Options Brokerage ₹75 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage 0.02% 0.05%
Currency Options Trading Brokerage ₹22 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage 0.03%
Commodity Options Trading Brokerage ₹50 per lot
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Edelweiss Charges Vs AxisDirect

Minimum Brokerage Charges 0.03% Equity delivery, 0.01% Intra-day and Futures ₹20 per trade
Other Brokerage Charges Margin Funding: 0.08%/day, Research: ₹50 per month,
Call & Trade Charges ₹20 per call ₹20 per call
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Edelweiss Vs AxisDirect Transaction Charges

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

  Edelweiss AxisDirect
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side) NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium) NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures NSE ₹115 per Cr (0.00115%) | BSE ₹115 per Cr (0.00115%) ₹190 per Cr (0.0019%)
Currency Options ₹4000 per Cr (0.04%) (on premium) ₹5000 per Cr (0.05%) (on premium)
Commodity
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Edelweiss Vs AxisDirect Leverage (Margin)

Edelweiss provides the margin of Up to 40x for intraday trades whereas the AxisDirect margin for intraday cash is Upto 10x.

  Edelweiss AxisDirect
Equity Delivery Up to 10x 100% (1x)
Equity Intraday Up to 40x Upto 10x
Equity Futures 40x 100% (1x)
Equity Options Nil 100% (1x)
Currency Futures 1.5x 100% (1x)
Currency Options Nil 100% (1x)
Commodity Futures Up to 6x 3x
Commodity Options 100% (1x)
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Compare Edelweiss and AxisDirect Features

The trading platforms offered Edelweiss include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Edelweiss AxisDirect
3 in 1 Account No Yes
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 Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:00 PM 3:15
Other Features
Referral Program Yes
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Edelweiss Vs AxisDirect Review

Edelweiss is rated 3.0 of 5 based on 51 customer reviews whereas AxisDirect is rated 2.1 of 5 based on 61 customer reviews.

  Edelweiss AxisDirect
  51 Customer Reviews    Rate Edelweiss 61 Customer Reviews    Rate AxisDirect
Fees 3.2 2.0
Trading Brokerage 3.1 1.8
Trading Platform Usability 3.6 2.7
Customer Service 2.8 2.3
Research Capabilities 2.8 2.9
Overall Ratings Rated 3.0 stars Rated 2.1 stars
Broker Rating Edelweiss is rated 3.0 of 5 based on 51 customer reviews AxisDirect is rated 2.1 of 5 based on 61 customer reviews
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Contact Broker / Request A Call Back

  Edelweiss Enquire AxisDirect Enquire
Contact Broker

[Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

Leave your contact information and we will get in touch with you....

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Edelweiss Vs AxisDirect Investment Options

  Edelweiss AxisDirect
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 Loans, ETF, Corporate FD
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Edelweiss Vs AxisDirect Order Type Offered

  Edelweiss AxisDirect
Bracket Order No No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) No Yes
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Edelweiss Vs AxisDirect Research Report

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

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

  Edelweiss AxisDirect
Pros
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat ₹10 per executed order across all segments in Edelweiss Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of ₹20 per call.
  • 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
Reviews
Promo / Offers

Edelweiss Lite (Discount Brokerage Plan) + Free Trading & Demat Account (for limited time only)

Edelweiss offers FREE Trading + Demat Account. Get a discount trading plan offering trading @ ₹10 per order flat rate. Save over 60% on brokerage in comparison of other full-service brokers.

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

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