Unlimited Trading @ Rs 899 per month - Prostocks

Indiabulls Vs AxisDirect (Compare Indiabulls and AxisDirect)

The side-by-side comparison of Indiabulls and AxisDirect. Compare Indiabulls Vs AxisDirect brokerage, charges, exposure margin, demat account. Read AxisDirect and Indiabulls review.

Find out Indiabulls Vs AxisDirect which is better and Indiabulls Vs AxisDirect which is best.

Our Indiabulls Ventures Limited comparison with Axis Securities highlights the major differences between two brokers. Find the best between Indiabulls and AxisDirect.

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Indiabulls Vs AxisDirect

  Indiabulls AxisDirect
Find more info about broker
Indiabulls Ventures Limited Logo Axis Securities Logo
About the Broker Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero ... Know more about Indiabulls Ventures Limited 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 AxisDir... Know more about Axis Securities
Type of Broker Discount Broker Full Service Broker
Supported Exchnage BSE, NSE and MCX BSE, NSE, MCX
Account Type Equity Unlimited Trade Trade@20 (SA75000)
Broker Enquiry Open an Online Trading Account with Indiabulls. 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.
Year of Incorporation 2000 2006
Number of Branches 18 56
Enquire Indiabulls Enquire AxisDirect
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Indiabulls Vs AxisDirect Charges

  Indiabulls AxisDirect
Trading Account Opening Fees ₹500 ₹900
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹450 ₹650
Demat Account is Mandatory? No No
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Indiabulls Vs AxisDirect Brokerage

Brokerage Plan 1

  Indiabulls AxisDirect
Account Type Equity Unlimited Trade Trade@20 (SA75000)
Fixed Charges ₹1000
Equity Delivery Brokerage ₹0 (Free) ₹20 per executed order
Equity Intraday Brokerage ₹0 (Free) ₹20 per executed order
Equity Futures Brokerage ₹15 per trade ₹20 per executed order
Equity Options Brokerage ₹15 per trade ₹20 per executed order
Currency Futures Trading Brokerage ₹15 per trade NA
Currency Options Trading Brokerage ₹15 per trade NA
Commodity Futures Trading Brokerage 0.03% NA
Commodity Options Trading Brokerage 0.03% NA
Special Offer
Special Offer: FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer

Brokerage Plan 2

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

Brokerage Plan 3

  Indiabulls AxisDirect
Account Type Base Plan Trade@20 (SA75000)
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) ₹20 per executed order
Equity Intraday Brokerage ₹15 per executed order ₹20 per executed order
Equity Futures Brokerage ₹15 per executed order ₹20 per executed order
Equity Options Brokerage ₹15 per executed order ₹20 per executed order
Currency Futures Trading Brokerage ₹15 per executed order NA
Currency Options Trading Brokerage ₹15 per executed order NA
Commodity Futures Trading Brokerage 0.03% NA
Commodity Options Trading Brokerage 0.03% NA

Other Charges

Minimum Brokerage Charges ₹0 (Unlimited Plan), ₹15 (Per Trade Plan) ₹20 per trade
Other Brokerage Charges
Call & Trade Charges ₹0 (Free) ₹20 per call
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Indiabulls Vs AxisDirect Taxes

  Indiabulls AxisDirect
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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Indiabulls Vs AxisDirect Transaction Charges

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

  Indiabulls AxisDirect
Equity Delivery 1x (no margin) 100% (1x)
Equity Intraday Up to 5x (based on the stock) Upto 10x
Equity Futures Intra-day: 4x | Carry forward: 1x (no margin) 100% (1x)
Equity Options Intra-day: 4x | Carry forward: 1x 100% (1x)
Currency Futures Intra-day: 2x | Carry forward: 1x 100% (1x)
Currency Options Intra-day: 2x | Carry forward: 1x 100% (1x)
Commodity Futures NA 3x
Commodity Options NA 100% (1x)
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Indiabulls and AxisDirect Feature Comparison

  Indiabulls AxisDirect
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes 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 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 Yes
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Indiabulls Vs AxisDirect Review

  Indiabulls AxisDirect
  45 Customer Reviews    Rate Indiabulls 53 Customer Reviews    Rate AxisDirect
Fees 3.4 2.1
Trading Brokerage 3.1 1.8
Trading Platform Usability 3.8 2.8
Customer Service 3.1 2.4
Research Capabilities 5.0
Overall Ratings Rated 3.2 stars Rated 2.2 stars
Broker Rating Indiabulls is Rated 3.2 / 5 based on 45 customer reviews AxisDirect is Rated 2.2 / 5 based on 53 customer reviews
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Contact Broker / Request A Call Back

  Indiabulls Enquire AxisDirect Enquire
Contact Broker

FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer

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

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Indiabulls Vs AxisDirect Investment Options

  Indiabulls AxisDirect
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds No Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, ETF, Corporate FD
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Indiabulls Vs AxisDirect Customer Service

  Indiabulls AxisDirect
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No Yes
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Indiabulls Vs AxisDirect Order Type Offered

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

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

  Indiabulls AxisDirect
Casual Investor Yes
Active Investor Yes
Trader Yes
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Indiabulls Vs AxisDirect - Advantages and Disadvantages

  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 ₹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.

More Advantages...

  1. Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
  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
  • 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.

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

Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived)

Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.

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