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ICICI Direct Vs AxisDirect (Compare ICICI Direct and AxisDirect)

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


ICICI Direct
ICICI Direct 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, India's top financial service provider offering banking and other financial services. ICICI Securities offers 'online trading and investment' services to over 20 lakhs customers through ICICI Direct (ICICIDirect.com). ICICIDirect.com is the flags... Know more about ICICI Securities Pvt 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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ICICI Direct Vs AxisDirect

Incorporated in 2000, ICICI Direct 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.

  ICICI Direct AxisDirect
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE BSE, NSE, MCX
Account Type 3-in-1 Account (I-Secure Plan) Standard Brokerage Plan
Year of Incorporation 2000 2006
Number of Branches 154 56
Broker Enquiry Open an Online Trading Account with ICICI Direct. 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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ICICI Direct Vs AxisDirect Charges & AMC

ICICI Direct trading account opening charges is ₹975 while AxisDirect account opening changes is ₹900. ICICI Direct Demat Account AMC Charges is ₹700 and AxisDirect Demat Account AMC Charges is ₹650.

  ICICI Direct AxisDirect
Trading Account Opening Charges ₹975 ₹900
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹0
Demat Account AMC Charges ₹700 ₹650
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ICICI Direct Vs AxisDirect Brokerage Charges & Plans

ICICI Direct Vs AxisDirect Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

  ICICI Direct AxisDirect
Account Type 3-in-1 Account (I-Secure Plan) Standard Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.55% 0.50%
Equity Intraday Brokerage 0.275% 0.05%
Equity Futures Brokerage 0.05% to 0.03% 0.05%
Equity Options Brokerage ₹95 to ₹35 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage 0.050% to 0.030% 0.05%
Currency Options Trading Brokerage ₹25 to ₹10 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage NA 0.03%
Commodity Options Trading Brokerage NA ₹50 per lot
Special Offer
Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.

ICICI Direct Vs AxisDirect Brokerage Plan 2

  ICICI Direct AxisDirect
Account Type I-Saver Plan Standard Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage 0.75% to 0.25% 0.50%
Equity Intraday Brokerage 0.75% to 0.25% 0.05%
Equity Futures Brokerage 0.05% to 0.03% 0.05%
Equity Options Brokerage ₹95 to ₹65 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage 0.05% to 0.03% 0.05%
Currency Options Trading Brokerage 0.25 to ₹65 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage NA 0.03%
Commodity Options Trading Brokerage NA ₹50 per lot
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ICICI Direct Vs AxisDirect Brokerage Plan 3

  ICICI Direct AxisDirect
Account Type ICICIdirect Prime Plan Standard Brokerage Plan
Fixed Charges ₹900 NA
Equity Delivery Brokerage 0.25% 0.50%
Equity Intraday Brokerage 0.25% 0.05%
Equity Futures Brokerage 0.025% 0.05%
Equity Options Brokerage ₹35 Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage ₹0 0.05%
Currency Options Trading Brokerage ₹0 Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage NA 0.03%
Commodity Options Trading Brokerage NA ₹50 per lot
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ICICI Direct Charges Vs AxisDirect

Minimum Brokerage Charges ₹35 per trade ₹20 per trade
Other Brokerage Charges
Call & Trade Charges ₹25 per call after first 20 free calls per month ₹20 per call
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ICICI Direct Vs AxisDirect Transaction Charges

ICICI Direct transaction charges for options is ₹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).

  ICICI Direct AxisDirect
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures ₹180 per Cr (0.0018%) NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options ₹5000 per Cr (0.05%) (on premium) NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures ₹120 per Cr (0.0012%) ₹190 per Cr (0.0019%)
Currency Options ₹5000 per Cr (0.05%) (on premium) ₹5000 per Cr (0.05%) (on premium)
Commodity NA
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ICICI Direct Vs AxisDirect Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the AxisDirect margin for intraday cash is Upto 10x.

  ICICI Direct AxisDirect
Equity Delivery 5x with Interest 100% (1x)
Equity Intraday Upto 25x Upto 10x
Equity Futures 4x 100% (1x)
Equity Options 2x for shorting 100% (1x)
Currency Futures NA 100% (1x)
Currency Options NA 100% (1x)
Commodity Futures NA 3x
Commodity Options 100% (1x)
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Compare ICICI Direct and AxisDirect Features

The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  ICICI Direct AxisDirect
3 in 1 Account Yes Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts No 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 ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:30 PM 3:15
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program Yes
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ICICI Direct Vs AxisDirect Review

ICICI Direct is rated 2.4 of 5 based on 421 customer reviews whereas AxisDirect is rated 2.2 of 5 based on 57 customer reviews.

  ICICI Direct AxisDirect
  421 Customer Reviews    Rate ICICI Direct 57 Customer Reviews    Rate AxisDirect
Fees 2.3 2.1
Trading Brokerage 1.7 1.8
Trading Platform Usability 3.4 2.7
Customer Service 2.7 2.3
Research Capabilities 3.0 3.7
Overall Ratings Rated 2.4 stars Rated 2.2 stars
Broker Rating ICICI Direct is rated 2.4 of 5 based on 421 customer reviews AxisDirect is rated 2.2 of 5 based on 57 customer reviews
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Contact Broker / Request A Call Back

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Contact Broker

Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.

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

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ICICI Direct Vs AxisDirect Investment Options

  ICICI Direct AxisDirect
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS Loans, ETF, Corporate FD
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ICICI Direct Vs AxisDirect Order Type Offered

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

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

  ICICI Direct AxisDirect
Casual Investor Yes Yes
Active Investor
Trader
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ICICI Direct Vs AxisDirect - Advantages and Disadvantages

  ICICI Direct AxisDirect
Pros
  • 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. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail broke₹in India.
  • Very high 'minimum brokerage' of ₹35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hou₹of trading.
  • Trading Terminal (Trade Racer) cost ₹75 per month if brokerage paid in a month is less then ₹750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra ₹25 per call after first 20 free calls in a month.

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

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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