FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology.
IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD...
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...
Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 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.
IIFL Securities | AxisDirect | |
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Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | NSE, BSE, MCX | BSE, NSE, MCX |
Year of Incorporation | 1996 | 2006 |
Number of Branches | 900 | 56 |
Open IIFL Securities Account |
IIFL Securities trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 900. IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and AxisDirect Demat Account AMC Charges is Rs 650.
IIFL Securities | AxisDirect | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 900 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 250 (Free for 1st year) | Rs 650 |
IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.
Account Type | IIFL Securities iServe | AxisDirect Standard Brokerage Plan |
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Fixed Charges | NA | NA |
Equity Delivery | Rs 20 per order | 0.50% |
Equity Intraday | Rs 20 per order | 0.05% |
Equity Futures | Rs 20 per order | 0.05% |
Equity Options | Rs 20 per order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
Currency Futures | Rs 20 per order | 0.05% |
Currency Options | Rs 20 per order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l |
Commodity Futures | Rs 20 per order | 0.03% |
Commodity Options | Rs 20 per order | Rs 50 per lot |
Special Offer | Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
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Zerodha (Flat Rs 20 Per Trade) 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. |
Minimum Brokerage | Rs 20 per trade | |
Other Charges | Advisory SMS - Rs 50 per month | |
Call & Trade Charges | Rs 50 per call | Rs 20 per call |
IIFL Securities transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).
IIFL Securities | AxisDirect | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | Group A - Rs 280 per Cr (0.0028%) | |
Open IIFL Securities Account |
IIFL Securities 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.
IIFL Securities | AxisDirect | |
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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 IIFL Securities Account |
The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.
IIFL Securities | AxisDirect | |
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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 | IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App | DirectTrade, Axisdirect Web, Axisdirect Mobile |
Intraday Square-off Time | 3:15 | |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | ||
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IIFL Securities is rated 2.6 of 5 based on 130 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 87 customer reviews.
IIFL Securities Enquire | AxisDirect Enquire | |
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Contact Broker | Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today. | 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. |
IIFL Securities | AxisDirect | |
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Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Insurance | Loans, ETF, Corporate FD |
IIFL Securities | AxisDirect | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
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IIFL Securities | AxisDirect | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
IIFL Securities | AxisDirect | |
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Casual Investor | ||
Active Investor | ||
Trader |
IIFL Securities | AxisDirect | |
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Reviews | ||
Promo / Offers | IIFL Securities Special OfferFlat Rs 20 Per Trade Brokerage + Free Account Opening
This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today. |
Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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