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IIFL Securities Vs AxisDirect (Compare IIFL Securities and AxisDirect)

About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD...

IIFL Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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...

AxisDirect Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

IIFL Securities Vs AxisDirect

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 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.

	IIFL Securities	AxisDirect
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	NSE, BSE, MCX	BSE, NSE, MCX
Year of Incorporation	1996	2006
Number of Branches	900	56
	Open IIFL Securities Account

IIFL Securities Vs AxisDirect Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 900. IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and AxisDirect Demat Account AMC Charges is Rs 650.

	IIFL Securities	AxisDirect
Trading Account Opening Charges	Rs 0 (Free)	Rs 900
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 250 (Free for 1st year)	Rs 650

IIFL Securities Vs AxisDirect Brokerage

IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type	IIFL Securities iServe	AxisDirect Standard Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per order	0.50%
Equity Intraday	Rs 20 per order	0.05%
Equity Futures	Rs 20 per order	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	Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL 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.

IIFL Securities Charges Vs AxisDirect

Minimum Brokerage		Rs 20 per trade
Other Charges	Advisory SMS - Rs 50 per month
Call & Trade Charges	Rs 50 per call	Rs 20 per call

IIFL Securities Vs AxisDirect Transaction Charges

IIFL Securities 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).

	IIFL Securities	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 280 per Cr (0.0028%)
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IIFL Securities Vs AxisDirect Leverage (Margin)

IIFL Securities 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.

	IIFL Securities	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)
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Compare IIFL Securities and AxisDirect Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

	IIFL Securities	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	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time		3:15
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open IIFL Securities Account

IIFL Securities Vs AxisDirect Review

IIFL Securities is rated 2.6 of 5 based on 130 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 87 customer reviews.

	IIFL Securities	AxisDirect
	130 Customer Reviews	87 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.6 of 5 based on 130 customer reviews	AxisDirect is rated 2.0 of 5 based on 87 customer reviews

Contact Broker / Request A Call Back

	IIFL Securities Enquire	AxisDirect Enquire
Contact Broker	Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL 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.

IIFL Securities Vs AxisDirect Investment Options

	IIFL Securities	AxisDirect
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance	Loans, ETF, Corporate FD

IIFL Securities Vs AxisDirect Order Type Offered

	IIFL Securities	AxisDirect
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open IIFL Securities Account

IIFL Securities Vs AxisDirect Research Report

	IIFL Securities	AxisDirect
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IIFL Securities Vs AxisDirect Suitable For Investor Type

	IIFL Securities	AxisDirect
Casual Investor
Active Investor
Trader

IIFL Securities Vs AxisDirect - Pros and Cons

	IIFL Securities	AxisDirect
Pros	Full-service broker offering quality research and recommendations. Flat Rs 20 per trade brokerage for Intraday & F&O. IIFL offers Equity SIP and Mutual Fund SIP. Margin funding is available. IIFL Securities is a publicly-traded company listed at BSE and NSE.	Offers 3-in-1 investment account Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons	Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges. Equity delivery brokerage is charged at flat Rs 20 per trade. It doesn't offer Direct Mutual Funds. Call & trade changes are Rs 50 per call.	Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained. Charges Rs 250 per month fee if you are not an axis bank customer. Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers Higher commodity and currency trading brokerage. Call & Trade is charged Rs 20 extra per trade
Reviews
Promo / Offers	IIFL Securities Special Offer Flat Rs 20 Per Trade Brokerage + Free Account Opening Flat Rs 20 per trade brokerage for delivery, intraday and F&O + Trade with the best rated mobile trading app. This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.	Zerodha (India's Best & No. 1 Broker) Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews
	Open IIFL Securities Account

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