AxisDirect Vs Tradingo (Compare AxisDirect and Tradingo)

AxisDirect Vs Tradingo

Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

	AxisDirect	Tradingo
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	NSE, BSE, MCX and NCDEX
Year of Incorporation	2006	2016
Number of Branches	56
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AxisDirect Vs Tradingo Charges & AMC

AxisDirect trading account opening charges is Rs 900 while Tradingo account opening changes is Rs 0 (Free). AxisDirect Demat Account AMC Charges is Rs 650 and Tradingo Demat Account AMC Charges is Rs 250.

	AxisDirect	Tradingo
Trading Account Opening Charges	Rs 900	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 650	Rs 250

AxisDirect Vs Tradingo Brokerage

AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas Tradingo brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade or 0.03% (whichever is lower).

Account Type	AxisDirect Standard Brokerage Plan	Tradingo Discount Broking Plan
Fixed Charges	NA	Nil
Equity Delivery	0.50%	Rs 0 (Free)
Equity Intraday	0.05%	Rs 20 per trade or 0.03% (whichever is lower)
Equity Futures	0.05%	Rs 20 per trade or 0.03% (whichever is lower)
Equity Options	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot	Rs 20 per executed order
Currency Futures	0.05%	Rs 20 per trade or 0.01% (whichever is lower)
Currency Options	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l	Rs 20 per executed order
Commodity Futures	0.03%	Rs 20 per trade or 0.01% (whichever is lower)
Commodity Options	Rs 50 per lot	Rs 100 per executed order
Special Offer	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.	Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

AxisDirect Vs Tradingo Brokerage Plan 2

	AxisDirect	Tradingo
Account Type	Standard Brokerage Plan	Premium Plan
Fixed Charges	NA
Equity Delivery	0.50%	0.3% of trade value
Equity Intraday	0.05%	0.03% of trade value
Equity Futures	0.05%	0.03% of trade value
Equity Options	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot	Rs 50 per lot
Currency Futures	0.05%	0.3% of trade value
Currency Options	Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l	Rs 50 per lot
Commodity Futures	0.03%	0.3% of trade value
Commodity Options	Rs 50 per lot	Rs 100 per lot
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AxisDirect Charges Vs Tradingo

Minimum Brokerage	Rs 20 per trade	Rs 0
Other Charges		Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges	Rs 20 per call	Additional Rs 20 per executed order

AxisDirect Vs Tradingo Transaction Charges

AxisDirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) while Tradingo exchange transaction charges for options is NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium).

	AxisDirect	Tradingo
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 325 per crore | BSE Rs 50 per crore (each side)
Equity Options	NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)	NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium)
Currency Futures	Rs 190 per Cr (0.0019%)	NSE Rs 160 per crore (0.0016%)
Currency Options	Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 6000 per crore (0.06%)
Commodity		Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
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AxisDirect Vs Tradingo Leverage (Margin)

AxisDirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradingo margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	AxisDirect	Tradingo
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)
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Compare AxisDirect and Tradingo Features

The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Tradingo offers Tradingo, Justrade trading software.

	AxisDirect	Tradingo
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	DirectTrade, Axisdirect Web, Axisdirect Mobile	Tradingo, Justrade
Intraday Square-off Time	3:15	Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Trading In SME Shares Allowed?
Referral Program
Other Features
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AxisDirect Vs Tradingo Review

AxisDirect is rated 2.0 of 5 based on 84 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

	AxisDirect	Tradingo
	84 Customer Reviews	6 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	AxisDirect is rated 2.0 of 5 based on 84 customer reviews	Tradingo is rated 4.0 of 5 based on 6 customer reviews

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AxisDirect Vs Tradingo Investment Options

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

AxisDirect Vs Tradingo Order Type Offered

	AxisDirect	Tradingo
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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AxisDirect Vs Tradingo Research Report

	AxisDirect	Tradingo
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

AxisDirect Vs Tradingo Suitable For Investor Type

	AxisDirect	Tradingo
Casual Investor
Active Investor
Trader

AxisDirect Vs Tradingo - Pros and Cons

	AxisDirect	Tradingo
Pros	Offers 3-in-1 investment account Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts	Discount stock broker. Offer margin funding and higher exposure. No brokerage charges for equity delivery trades. 3 different trading platforms: ODIN, NSE Now, JUSTRADE Online IPO and Mutual Funds available. Free trading software Branches in 80+ cities.
Cons	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	Call & trade is changed Rs 20 extra. Doesn't offer 3-in-1 account Charge annual maintenance change on demat account.
Reviews		Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers. Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.
Promo / Offers	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	Tradingo Special Offer Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Click here to open an account with Tradingo
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