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.
Indiabulls Vs AxisDirect
Indiabulls
AxisDirect
Find more info about broker
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 ...
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...
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
Year of Incorporation
2000
2006
Number of Branches
18
56
Enquire Indiabulls
Enquire AxisDirect
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
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
Indiabulls Vs AxisDirect Taxes
Indiabulls
AxisDirect
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)
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.
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
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)
Indiabulls and AxisDirect Feature Comparison
Indiabulls
AxisDirect
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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
Indiabulls Vs AxisDirect Review
Indiabulls
AxisDirect
45 Customer Reviews
53 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Indiabulls is Rated 3.2 / 5 based on 45 customer reviews AxisDirect is Rated 2.2 / 5 based on 53 customer reviews
Indiabulls Vs AxisDirect Investment Options
Indiabulls
AxisDirect
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Loans, ETF, Corporate FD
Indiabulls Vs AxisDirect Customer Service
Indiabulls
AxisDirect
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - 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...
Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
Offers 3-in-1 investment account
Free research reports
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.
Get this limited time offer
Zerodha
Zero Account Opening Fee