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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 Ventures Limited Axis Securities
 
Indiabulls Ventures Limited Logo Axis Securities Logo
About the Broker Indiabulls Ventures Ltd (Formerly Indiabulls Securities) is the India-based Stock Broker. IVL is part of Indiabulls Group, a leading business house in India with businesses spread across many sectors including Infrastructure, Power, Real Estate and F... 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 Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Indiabulls Shubh 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 22 56
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Indiabulls Vs AxisDirect Charges

  Indiabulls Ventures Limited Axis Securities
Trading Account Opening Fees ₹450 ₹900 (3 in 1 account)
Trading Account AMC NIL ₹0
Demat Account Opening Fees NIL ₹0
Demat Account AMC ₹450 (Free for 1st Year) ₹650 (free for 1st year)
Demat Account is Mandatory? No No
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Indiabulls Vs AxisDirect Brokerage

Brokerage Plan 1

  Indiabulls Ventures Limited Axis Securities
Account Type Indiabulls Shubh Trade@20 (SA75000)
Fixed Charges
Equity Delivery Brokerage 0% ₹20 per executed order
Equity Intraday Brokerage ₹15 per executed order or .01% whichever is lower ₹20 per executed order
Equity Futures Brokerage ₹15 per executed order or .01% whichever is lower ₹20 per executed order
Equity Options Brokerage ₹15 per lot ₹20 per executed order
Currency Futures Trading Brokerage ₹15 per executed order or .01% whichever is lower NA
Currency Options Trading Brokerage ₹15 per lot NA
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  Indiabulls Ventures Limited Axis Securities
Account Type Indiabulls Shubh Fixed Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0% 0.50% (Each Leg)
Equity Intraday Brokerage ₹15 per executed order or .01% whichever is lower 0.05% (Each Leg)
Equity Futures Brokerage ₹15 per executed order or .01% whichever is lower 0.05% (Each Leg)
Equity Options Brokerage ₹15 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage ₹15 per executed order or .01% whichever is lower 0.05% (Each Leg)
Currency Options Trading Brokerage ₹15 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage 0.03% (Each Leg)
Commodity Options Trading Brokerage ₹50 per lot

Other Charges

Minimum Brokerage Charges ₹0 ₹20 per trade
Other Brokerage Charges
Call & Trade Charges ₹15 ₹20 per call
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Indiabulls Vs AxisDirect Taxes

  Indiabulls Ventures Limited Axis Securities
Securities Transaction Tax (STT)
  • 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 Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 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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Indiabulls Vs AxisDirect Transaction Charges

  Indiabulls Ventures Limited Axis Securities
Equity Delivery 0.00325% 0.00325% (₹325/Cr)
Equity Intraday 0.00325% 0.00325% (₹325/Cr)
Equity Futures 0.0025% 0.0019% (₹190/Cr)
Equity Options 0.055% on Premium 0.05% (₹5000/crore)
Currency Futures 0.0025% 0.0019% (₹190/Cr)
Currency Options 0.055% on Premium 0.05% (₹5000/crore)
Commodity 0.003%
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Indiabulls Vs AxisDirect Exposure Margin

  Indiabulls Ventures Limited Axis Securities
Equity Delivery 1x (no margin) 100% (1x)
Equity Intraday Up to 12x (based on the stock) Upto 10x
Equity Futures Intraday - 50%(2x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 100% (1x)
Equity Options 1x (no margin) 100% (1x)
Currency Futures 1x (no margin) 100% (1x)
Currency Options 1x (no margin) 100% (1x)
Commodity Futures 3x
Commodity Options 100% (1x)
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Indiabulls and AxisDirect Feature Comparison

  Indiabulls Ventures Limited Axis Securities
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 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 Ventures Limited Axis Securities
  44 Customer Reviews    Rate Indiabulls 48 Customer Reviews    Rate AxisDirect
Fees Ratings 3.4 2.0
Trading Brokerage Rating 3.1 1.8
Trading Platform Usability 3.7 2.7
Customer Service Ratings 3.1 2.4
Overall Ratings Rated 3.2 stars Rated 2.2 stars
Broker Rating Indiabulls is Rated 3.2 / 5 based on 44 customer reviews AxisDirect is Rated 2.2 / 5 based on 48 customer reviews
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Contact Broker / Request A Call Back

  Indiabulls Ventures Limited Axis Securities
Contact / Request Call Back
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Indiabulls Vs AxisDirect Investment Options

  Indiabulls Ventures Limited Axis Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes 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 Ventures Limited Axis Securities
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
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Indiabulls Vs AxisDirect Order Type Offered

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

  Indiabulls Ventures Limited Axis Securities
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 Ventures Limited Axis Securities
Casual Investor Yes
Active Investor Yes
Trader Yes
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Indiabulls Vs AxisDirect - Advantages and Disadvantages

  Indiabulls Ventures Limited Axis Securities
Pros
  1. Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
  2. Pay flat Rs 15 per trade for trade across all other segments.
  3. Margin funding is available at a low cost of 12% per annum.
  4. Free trading software's.
  5. Indiabulls has a good network of branches across India.
  6. Free research reports and trading tips to all the customers.
  7. 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
  • Margin offered in Indiabull Shubh app are significantly lower than other brokers. No margin offered in Equity options intra-day.
  • Online IPO and Mutual Fund investment is not available in Indiabulls Shubh App.
  • Power Indiabulls Trading Terminal cost Rs 450 onetime charge.
  • Indiabulls doesn't provide 3-in-1 account as they do not offer banking services.

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...

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