Loading...

Sharekhan Vs AxisDirect (Compare Sharekhan and AxisDirect)

Sharekhan Logo

About Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan

Axis Securities Logo

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... Know more about Axis Securities

Expand

Sharekhan Vs AxisDirect

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 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.

  Sharekhan AxisDirect
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2000 2006
Number of Branches 2800 56
Open Sharekhan Account

Expand

Sharekhan Vs AxisDirect Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 900. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and AxisDirect Demat Account AMC Charges is Rs 650.

  Sharekhan AxisDirect
Trading Account Opening Charges Rs 0 (Free) Rs 900
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 650

Expand

Sharekhan Vs AxisDirect Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type Sharekhan Classic Account AxisDirect Standard Brokerage Plan
Fixed Charges NA
Equity Delivery 0.50% 0.50%
Equity Intraday 0.10% 0.05%
Equity Futures 0.10% 0.05%
Equity Options Rs 50 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.10% 0.05%
Currency Options Rs 30 per lot 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: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

Zerodha (Trade with the best stock broker)

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.

Sharekhan Vs AxisDirect Brokerage Plan 2

  Sharekhan AxisDirect
Account Type Prepaid - Rs 1 Lakh Standard Brokerage Plan
Fixed Charges Rs 1,00,000 per year NA
Equity Delivery 0.10% 0.50%
Equity Intraday 0.015% 0.05%
Equity Futures 0.015% 0.05%
Equity Options 0.05% or Rs 63 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot
Open Sharekhan Account

Sharekhan Vs AxisDirect Brokerage Plan 3

  Sharekhan AxisDirect
Account Type Margin - Rs 1 Lakh Standard Brokerage Plan
Fixed Charges Rs 1,00,000 margin NA
Equity Delivery 0.25% 0.50%
Equity Intraday 0.05% 0.05%
Equity Futures 0.05% 0.05%
Equity Options 1% or Rs 70 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot
Open Sharekhan Account

Sharekhan Charges Vs AxisDirect

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 20 per trade
Other Charges
Call & Trade Charges Rs 20 Rs 20 per call

Expand

Sharekhan Vs AxisDirect Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium).

  Sharekhan AxisDirect
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)
Currency Futures NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) Rs 190 per Cr (0.0019%)
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) Rs 5000 per Cr (0.05%) (on premium)
Commodity MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%)
Open Sharekhan Account

Expand

Sharekhan Vs AxisDirect Leverage (Margin)

Sharekhan 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.

  Sharekhan 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)
Open Sharekhan Account

Expand

Compare Sharekhan and AxisDirect Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Sharekhan 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 Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform TradeTiger, Sharekhan Mobile DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:30 PM 3:15
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Pattern finder, Class room training
Open Sharekhan Account

Expand

Sharekhan Vs AxisDirect Review

Sharekhan is rated 3.3 of 5 based on 310 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 84 customer reviews.

  Sharekhan AxisDirect
  310 Customer Reviews    Rate Sharekhan 84 Customer Reviews    Rate AxisDirect
Fees 3.0 2.0
Brokerage 2.8 1.8
Trading Platform 3.7 2.6
Customer Service 3.3 2.2
Research Capabilities 3.1 2.7
Overall Ratings Rated 3.3 stars Rated 2.0 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 310 customer reviews AxisDirect is rated 2.0 of 5 based on 84 customer reviews

Expand

Contact Broker / Request A Call Back

  Sharekhan Enquire AxisDirect Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. 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.

Expand

Sharekhan Vs AxisDirect Investment Options

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

Expand

Sharekhan Vs AxisDirect Order Type Offered

  Sharekhan AxisDirect
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes Yes
Open Sharekhan Account

Expand

Sharekhan Vs AxisDirect Research Report

  Sharekhan AxisDirect
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

Expand

Sharekhan Vs AxisDirect Suitable For Investor Type

  Sharekhan AxisDirect
Casual Investor Yes Yes
Active Investor Yes
Trader

Expand

Sharekhan Vs AxisDirect - Pros and Cons

  Sharekhan AxisDirect
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.
  • 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

Sharekhan Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

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 Sharekhan Account

Comments

Add a public comment...

Compare Sharekhan Compare AxisDirect
Compare More Brokers: