FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc.
ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tradin...
About 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...
Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 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.
ICICIdirect | AxisDirect | |
---|---|---|
Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
Year of Incorporation | 2000 | 2006 |
Number of Branches | 154 | 56 |
ICICIdirect trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 900. ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and AxisDirect Demat Account AMC Charges is Rs 650.
ICICIdirect | AxisDirect | |
---|---|---|
Trading Account Opening Charges | Rs 0 (Free) | Rs 900 |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
Demat Account AMC Charges | Rs 300 (from 2nd year) | Rs 650 |
ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.
Account Type | ICICIdirect ICICI Neo Plan | AxisDirect Standard Brokerage Plan |
---|---|---|
Fixed Charges | NA | NA |
Equity Delivery | 0.55% | 0.50% |
Equity Intraday | Rs 20 per order | 0.05% |
Equity Futures | Rs 0 (Free) | 0.05% |
Equity Options | Rs 20 per order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
Currency Futures | Rs 20 per order | 0.05% |
Currency Options | Rs 20 per order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l |
Commodity Futures | Rs 20 per order | 0.03% |
Commodity Options | Rs 20 per order | Rs 50 per lot |
Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
ICICIdirect | AxisDirect | |
---|---|---|
Account Type | I-Secure Plan | Standard Brokerage Plan |
Fixed Charges | NA | NA |
Equity Delivery | 0.55% | 0.50% |
Equity Intraday | 0.275% | 0.05% |
Equity Futures | 0.05% | 0.05% |
Equity Options | Rs 95 per lot | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
Currency Futures | Rs 20 per order | 0.05% |
Currency Options | Rs 20 per order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l |
Commodity Futures | Rs 20 per order | 0.03% |
Commodity Options | Rs 20 per order | Rs 50 per lot |
Minimum Brokerage | Rs 35 per trade (I-Secure Plan) | Rs 20 per trade |
Other Charges | Margin Trading Interest: 0.025% Per day | |
Call & Trade Charges | Rs 50 per trade | Rs 20 per call |
ICICIdirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).
ICICIdirect | AxisDirect | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | Group A - Rs 260 per Cr (0.0026%) | |
ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the AxisDirect margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
ICICIdirect | AxisDirect | |
---|---|---|
Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.
ICICIdirect | AxisDirect | |
---|---|---|
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 | ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App | DirectTrade, Axisdirect Web, Axisdirect Mobile |
Intraday Square-off Time | 3:30 PM | 3:15 |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Bullet Trading, Can trade in 32 exchanges through Saxo Trader | |
ICICIdirect is rated 2.4 of 5 based on 481 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 89 customer reviews.
ICICIdirect Enquire | AxisDirect Enquire | |
---|---|---|
Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
ICICIdirect | AxisDirect | |
---|---|---|
Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS | Loans, ETF, Corporate FD |
ICICIdirect | AxisDirect | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
ICICIdirect | AxisDirect | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
ICICIdirect | AxisDirect | |
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Casual Investor | ||
Active Investor | ||
Trader |
ICICIdirect | AxisDirect | |
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Reviews | ||
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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