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ICICIDirect Vs AxisDirect Share Broker Comparison

The side-by-side comparison of ICICI Securities Pvt Ltd. and Axis Securities stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and AxisDirect's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and AxisDirect.

  ICICI Securities Pvt Ltd. Axis Securities
 
ICICI Securities Pvt Ltd. Logo Axis Securities Logo
About the Broker ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group... Know more about ICICI Securities Pvt Ltd. Incorporated in 2005, Axis Securities is a subsidiary company of Axis Bank Ltd. Company offers broking services and distribution of financial products to retail customers in India. Axis Sec offers a single account to its customer to invest in Equitie... Know more about Axis Securities
Type of Broker What is this parameter? Full Service Broker Full Service Broker
Supported Exchnage What is this parameter? BSE, NSE BSE, NSE
Account Type What is this parameter? 3-in-1 Account (I-Secure Plan) Fixed Plan
Broker Enquiry Open an Online Trading Account with ICICIDirect. 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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Stock Broker Fees / Charges

  ICICI Securities Pvt Ltd. Axis Securities
Trading Account Opening Fees What is this parameter? ₹975 Rs 999
Trading Account AMC What is this parameter? ₹0 Rs 0
Demat Account Opening Fees What is this parameter? ₹0 Rs 0
Demat Account AMC What is this parameter? ₹600 Rs 650
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  ICICI Securities Pvt Ltd. Axis Securities
Account Type 3-in-1 Account (I-Secure Plan) Fixed Plan
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? 0.55% 0.50%
Equity Intraday Brokerage What is this parameter? 0.275% 0.05%
Equity Futures Brokerage What is this parameter? 0.05% to 0.03% 0.05%
Equity Options Brokerage What is this parameter? ₹95 to ₹35 per lot Intraday Rs 0.01, Carry Forward: Rs 10 per lot
Currency Futures Trading Brokerage What is this parameter? 0.050% to 0.030% 0.05%
Currency Options Trading Brokerage What is this parameter? ₹25 to ₹10 per lot Intraday Rs 0.01, Carry Forward: Rs 10 per lot
Commodity Futures Trading Brokerage What is this parameter? NA NA
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 2

  ICICI Securities Pvt Ltd. Axis Securities
Account Type I-Saver Plan Investment Plus Plan
Fixed Charges What is this parameter? Rs 1500 for 6 Months
Equity Delivery Brokerage What is this parameter? 0.75% to 0.25% 0.50%
Equity Intraday Brokerage What is this parameter? 0.75% to 0.25% 0.05%
Equity Futures Brokerage What is this parameter? 0.05% to 0.03% 0.05%
Equity Options Brokerage What is this parameter? ₹95 to ₹65 per lot Intraday Rs 0.01, Carry Forward: Rs 10 per lot
Currency Futures Trading Brokerage What is this parameter? 0.05% to 0.03% 0.05%
Currency Options Trading Brokerage What is this parameter? ₹95 to ₹65 per lot Intraday Rs 0.01, Carry Forward: Rs 10 per lot
Commodity Futures Trading Brokerage What is this parameter? NA NA
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 3

  ICICI Securities Pvt Ltd. Axis Securities
Account Type 3-in-1 Account (I-Secure Plan) Now or Never Plan
Fixed Charges What is this parameter? Rs 5555 for 10 years
Equity Delivery Brokerage What is this parameter? 0.55% 0.25%
Equity Intraday Brokerage What is this parameter? 0.275% 0.03%
Equity Futures Brokerage What is this parameter? 0.05% to 0.03% 0.03%
Equity Options Brokerage What is this parameter? ₹95 to ₹35 per lot Intraday Rs 0.01, Carry Forward: Rs 10 per lot
Currency Futures Trading Brokerage What is this parameter? 0.050% to 0.030% 0.03%
Currency Options Trading Brokerage What is this parameter? ₹25 to ₹10 per lot Intraday Rs 0.01, Carry Forward: Rs 10 per lot
Commodity Futures Trading Brokerage What is this parameter? NA NA
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? ₹35 per trade Rs 20 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges What is this parameter?
Call & Trade Charges What is this parameter? ₹25 per call after first 20 free calls per month Rs 20 per call post 20th call per month
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Taxes

  ICICI Securities Pvt Ltd. Axis Securities
Securities Transaction Tax (STT) What is this parameter?
  • 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 What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? 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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Transaction Charges

  ICICI Securities Pvt Ltd. Axis Securities
Equity Delivery What is this parameter? NSE: 0.0031% | BSE: 0.0028% 0.00325% (Rs 325/Cr)
Equity Intraday What is this parameter? NSE: 0.0031% | BSE: 0.0028% 0.00325% (Rs 325/Cr)
Equity Futures What is this parameter? 0.0018% 0.0019% (Rs 190/Cr)
Equity Options What is this parameter? 0.05% on Premium 0.05% (Rs 5000/crore)
Currency Futures What is this parameter? 0.0012% 0.0019% (Rs 190/Cr)
Currency Options What is this parameter? 0.05% on Premium 0.05% (Rs 5000/crore)
Commodity What is this parameter? NA
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Exposure

  ICICI Securities Pvt Ltd. Axis Securities
Equity Delivery What is this parameter?
Equity Intraday What is this parameter?
Equity Futures What is this parameter?
Equity Options What is this parameter?
Currency Futures What is this parameter?
Currency Options What is this parameter?
Commodity What is this parameter?
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Share Broker Features

  ICICI Securities Pvt Ltd. Axis Securities
3 in 1 Account What is this parameter? Yes Yes
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No No
SMS Alerts What is this parameter? No Yes
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? Yes Yes
Margin Trading Funding Available What is this parameter? Yes
Margin Against Shares (Equity Cash) What is this parameter? Yes
Margin Against Shares (Equity F&O) What is this parameter? Yes
Trading Platform What is this parameter? ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App DirectTrade, Swift Trade
Intraday Square-off Time What is this parameter? 3:30 PM 3:15
Other Features What is this parameter?
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Broker Ratings (Average User Rating)

  ICICI Securities Pvt Ltd. Axis Securities
  395 Customer Reviews    Rate ICICIDirect 45 Customer Reviews    Rate AxisDirect
Fees Ratings 2.3 2.0
Trading Brokerage Rating 1.7 1.8
Trading Platform Usability 3.4 2.7
Customer Service Ratings 2.8 2.5
Overall Ratings Rated 2.5 stars Rated 2.2 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 395 customer reviews AxisDirect is Rated 2.2 / 5 based on 45 customer reviews
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Contact Broker / Request A Call Back

  ICICI Securities Pvt Ltd. Axis Securities
Contact / Request Call Back
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Investment Options Available

  ICICI Securities Pvt Ltd. Axis Securities
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? No
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? Yes Yes
Mutual Funds What is this parameter? Yes Yes
Bond / NCD What is this parameter? Yes Yes
Debt What is this parameter? Yes Yes
Other Investment Options What is this parameter? Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS
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Customer Service Offered

  ICICI Securities Pvt Ltd. Axis Securities
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? No No
Through Branches What is this parameter? Yes Yes
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Order Type

  ICICI Securities Pvt Ltd. Axis Securities
Bracket Order What is this parameter? No
Cover Order What is this parameter? Yes
Buy Today Sell Tomorrow (BTST) What is this parameter? Yes
Sell Today Buy Tomorrow (STBT) What is this parameter? No
After Market Order(AMO) What is this parameter? Yes
Good Till Cancelled (GTC) What is this parameter? Yes
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Research / Tips / Reports Published

  ICICI Securities Pvt Ltd. Axis Securities
Daily Market Report What is this parameter? Yes Yes
Free Tips What is this parameter? Yes Yes
Quarterly Result Analysis What is this parameter? Yes Yes
News Alerts What is this parameter? Yes Yes
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Suitable for Investor Category

  ICICI Securities Pvt Ltd. Axis Securities
Casual Investor What is this parameter? Yes Yes
Active Investor What is this parameter?
Trader What is this parameter?

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Pros, Cons and Other Review Comments

  ICICI Securities Pvt Ltd. Axis Securities
Pros What is this parameter?
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

More Advantages...

  1. Zero brokerage for options Intraday trading. Rs 10 per lot for options carry forward.
  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 What is this parameter?
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra Rs 25 per call after first 20 free calls in a month.

More Disadvantages...

  • Installable trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers

More Disadvantages...

Reviews What is this parameter?
Promo / Offers What is this parameter?

ICICI 3-in-1 Account

ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits.

Interested in opening a trading account? Request Callback from a stock broker.

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