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Edelweiss Vs AxisDirect (Compare Edelweiss and AxisDirect)

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

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

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

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Edelweiss Vs AxisDirect

  Edelweiss Broking Ltd Axis Securities
 
Edelweiss Broking Ltd Logo Axis Securities Logo
About the Broker 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... Know more about Edelweiss Broking Ltd 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 AxisDir... Know more about Axis Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Discount Brokerage Plan Trade@20 (SA75000)
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.
Year of Incorporation 2002 2006
Number of Branches 237 56
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Edelweiss Vs AxisDirect Charges

  Edelweiss Broking Ltd Axis Securities
Trading Account Opening Fees ₹750 ₹900 (3 in 1 account)
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹500 ₹650 (free for 1st year)
Demat Account is Mandatory? No No
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Edelweiss Vs AxisDirect Brokerage

Brokerage Plan 1

  Edelweiss Broking Ltd Axis Securities
Account Type Discount Brokerage Plan Trade@20 (SA75000)
Fixed Charges NA
Equity Delivery Brokerage 0.01% ₹20 per executed order
Equity Intraday Brokerage 0.01% ₹20 per executed order
Equity Futures Brokerage ₹5 per lot ₹20 per executed order
Equity Options Brokerage ₹5 per lot ₹20 per executed order
Currency Futures Trading Brokerage ₹5 per lot NA
Currency Options Trading Brokerage ₹5 per lot NA
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  Edelweiss Broking Ltd Axis Securities
Account Type Prepaid Plan (₹12,000 for 12 months) Fixed Brokerage Plan
Fixed Charges ₹12,000 + ₹1,800 (Service tax)
Equity Delivery Brokerage 0.30% 0.50% (Each Leg)
Equity Intraday Brokerage 0.03% 0.05% (Each Leg)
Equity Futures Brokerage 0.03% 0.05% (Each Leg)
Equity Options Brokerage ₹90 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage 0.04% 0.05% (Each Leg)
Currency Options Trading Brokerage ₹22 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage 0.03% (Each Leg)
Commodity Options Trading Brokerage ₹50 per lot

Brokerage Plan 3

  Edelweiss Broking Ltd Axis Securities
Account Type Prepaid Plan (₹1,12,000 for 12 months) Trade@20 (SA75000)
Fixed Charges ₹1,12,000 + ₹16,800 (Service tax)
Equity Delivery Brokerage 0.10% ₹20 per executed order
Equity Intraday Brokerage 0.01% ₹20 per executed order
Equity Futures Brokerage 0.01% ₹20 per executed order
Equity Options Brokerage ₹25 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.01% NA
Currency Options Trading Brokerage ₹6 per lot NA
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges 3 paisa per share in delivery, 1 paisa per share on Intraday and Futures ₹20 per trade
Other Brokerage Charges
Call & Trade Charges Free ₹20 per call
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Edelweiss Vs AxisDirect Taxes

  Edelweiss Broking Ltd Axis Securities
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.
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Edelweiss Vs AxisDirect Transaction Charges

  Edelweiss Broking Ltd Axis Securities
Equity Delivery NSE ₹325 | BSE ₹275 0.00325% (₹325/Cr)
Equity Intraday NSE ₹325 | BSE ₹275 0.00325% (₹325/Cr)
Equity Futures NSE ₹190 | BSE ₹190 0.0019% (₹190/Cr)
Equity Options NSE ₹5000 | BSE ₹5000 0.05% (₹5000/crore)
Currency Futures NSE ₹115 | BSE ₹115 0.0019% (₹190/Cr)
Currency Options NSE ₹4000 | BSE ₹4000 0.05% (₹5000/crore)
Commodity
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Edelweiss Vs AxisDirect Exposure Margin

  Edelweiss Broking Ltd Axis Securities
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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Edelweiss and AxisDirect Feature Comparison

  Edelweiss Broking Ltd Axis Securities
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 Broking Ltd Axis Securities
  22 Customer Reviews    Rate Edelweiss 48 Customer Reviews    Rate AxisDirect
Fees Ratings 2.6 2.0
Trading Brokerage Rating 2.2 1.8
Trading Platform Usability 3.2 2.7
Customer Service Ratings 2.0 2.4
Overall Ratings Rated 2.3 stars Rated 2.2 stars
Broker Rating Edelweiss is Rated 2.3 / 5 based on 22 customer reviews AxisDirect is Rated 2.2 / 5 based on 48 customer reviews
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Contact Broker / Request A Call Back

  Edelweiss Broking Ltd Axis Securities
Contact / Request Call Back
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Edelweiss Vs AxisDirect Investment Options

  Edelweiss Broking Ltd Axis Securities
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 Note: IPO Loans, ETF, Corporate FD
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Edelweiss Vs AxisDirect Customer Service

  Edelweiss Broking Ltd Axis Securities
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
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Edelweiss Vs AxisDirect Order Type Offered

  Edelweiss Broking Ltd Axis Securities
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 Broking Ltd Axis Securities
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 Broking Ltd Axis Securities
Casual Investor Yes
Active Investor Yes
Trader Yes
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Edelweiss Vs AxisDirect - Advantages and Disadvantages

  Edelweiss Broking Ltd Axis Securities
Pros 1. Full service broker offering discount brokerage plan. 2. Offer commodity trading on the same trading trading platform. 3. Free research and trading tips calls to all the customers.

More Advantages...

  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...

Cons 1. IPO cannot be applied online. 2. Bracket order is not available. 3. Good Till cancelled orders are not available. 4. Higher brokerage in prepaid brokerage plans of Rs 12k and Rs 1.12L for 12 months.

More Disadvantages...

  • 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...

Reviews
Promo / Offers

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

Edelweiss offers FREE Trading + Demat Account (₹750 waived). Get a discount trading plan offering equity trading @ 0.01% and F&O @ Rs 5 per lot 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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