Indiabulls Vs AxisDirect (Compare Indiabulls and AxisDirect)

Indiabulls Vs AxisDirect

Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 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.

	Indiabulls	AxisDirect
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE and MCX	BSE, NSE, MCX
Year of Incorporation	2000	2006
Number of Branches	18	56
	Enquire Indiabulls	Enquire AxisDirect

Indiabulls Vs AxisDirect Charges & AMC

Indiabulls trading account opening charges is Rs 500 while AxisDirect account opening changes is Rs 900. Indiabulls Demat Account AMC Charges is Rs 450 and AxisDirect Demat Account AMC Charges is Rs 650.

	Indiabulls	AxisDirect
Trading Account Opening Charges	Rs 500	Rs 900
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 450	Rs 650

Indiabulls Vs AxisDirect Brokerage

Indiabulls brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free) whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

	Indiabulls	AxisDirect
Account Type	Equity Unlimited Trade	Standard Brokerage Plan
Fixed Charges	Rs 1000	NA
Equity Delivery	Rs 0 (Free)	0.50%
Equity Intraday	Rs 0 (Free)	0.05%
Equity Futures	Rs 15 per trade	0.05%
Equity Options	Rs 15 per trade	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures	Rs 15 per trade	0.05%
Currency Options	Rs 15 per trade	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures	0.03%	0.03%
Commodity Options	0.03%	Rs 50 per lot
Special Offer	Special Offer: FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer

Indiabulls Vs AxisDirect Brokerage Plan 2

	Indiabulls	AxisDirect
Account Type	F&O Unlimited Trade	Standard Brokerage Plan
Fixed Charges	Rs 1000	NA
Equity Delivery	Rs 15 per trade	0.50%
Equity Intraday	Rs 15 per trade	0.05%
Equity Futures	Rs 0 (Free)	0.05%
Equity Options	Rs 0 (Free)	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures	Rs 0 (Free)	0.05%
Currency Options	Rs 0 (Free)	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures	0.03%	0.03%
Commodity Options	0.03%	Rs 50 per lot
	Enquire Indiabulls	Enquire AxisDirect

Indiabulls Vs AxisDirect Brokerage Plan 3

	Indiabulls	AxisDirect
Account Type	Base Plan	Standard Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 0 (Free)	0.50%
Equity Intraday	Rs 15 per executed order	0.05%
Equity Futures	Rs 15 per executed order	0.05%
Equity Options	Rs 15 per executed order	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures	Rs 15 per executed order	0.05%
Currency Options	Rs 15 per executed order	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures	0.03%	0.03%
Commodity Options	0.03%	Rs 50 per lot
	Enquire Indiabulls	Enquire AxisDirect

Indiabulls Charges Vs AxisDirect

Minimum Brokerage	Rs 0 (Unlimited Plan), Rs 15 (Per Trade Plan)	Rs 20 per trade
Other Charges
Call & Trade Charges	Rs 0 (Free)	Rs 20 per call

Indiabulls Vs AxisDirect Transaction Charges

Indiabulls transaction charges for options is Rs 5500 per crore (on premium) (0.055%) while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium).

	Indiabulls	AxisDirect
Equity Delivery	Rs 325 per crore (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	Rs 325 per crore (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	Rs 250 per crore (0.0025%)	NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Options	Rs 5500 per crore (on premium) (0.055%)	NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)
Currency Futures	Rs 250 per crore (0.0025%)	Rs 190 per Cr (0.0019%)
Currency Options	Rs 5500 per crore (on premium) (0.055%)	Rs 5000 per Cr (0.05%) (on premium)
Commodity
	Enquire Indiabulls	Enquire AxisDirect

Indiabulls Vs AxisDirect Leverage (Margin)

Indiabulls margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the AxisDirect margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Indiabulls	AxisDirect
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Enquire Indiabulls	Enquire AxisDirect

Compare Indiabulls and AxisDirect Features

The trading platforms offered Indiabulls include SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB). AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

	Indiabulls	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	SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)	DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time		3:15
Other Features	Live News, World market summary
Referral Program
	Enquire Indiabulls	Enquire AxisDirect

Indiabulls Vs AxisDirect Review

Indiabulls is rated 3.2 of 5 based on 50 customer reviews whereas AxisDirect is rated 2.1 of 5 based on 71 customer reviews.

	Indiabulls	AxisDirect
	50 Customer Reviews	71 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Indiabulls is rated 3.2 of 5 based on 50 customer reviews	AxisDirect is rated 2.1 of 5 based on 71 customer reviews

Indiabulls Vs AxisDirect Investment Options

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

Indiabulls Vs AxisDirect Order Type Offered

	Indiabulls	AxisDirect
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Indiabulls	Enquire AxisDirect

Indiabulls Vs AxisDirect Research Report

	Indiabulls	AxisDirect
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Indiabulls Vs AxisDirect Suitable For Investor Type

	Indiabulls	AxisDirect
Casual Investor
Active Investor
Trader

Indiabulls Vs AxisDirect - Pros and Cons

	Indiabulls	AxisDirect
Pros	Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades. Interest-free Margin Funding in Unlimited Trading plan. Margin funding is available at a low cost of 12% per annum in Rs 15/trade plan. Free trading software. Free research reports and trading tips to all the customers. Years of experience, trust and good track record in stock broker business.	Offers 3-in-1 investment account Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons	Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App. Local branch support is not available to online customers. Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans. Margin against share is not available in Unlimited Trading Plans.	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	Limited Time Offer - FREE Unlimited Trading for 1st Month (Rs 1000 waived) Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order. Get this limited time offer
	Enquire Indiabulls	Enquire AxisDirect