The side-by-side comparison of Upstox and AxisDirect. Compare Upstox Vs AxisDirect brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Upstox vs AxisDirect?
Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo...
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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 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.
Upstox | AxisDirect | |
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Type of Broker | Discount Broker | Full Service Broker |
Supported Exchnages | BSE, NSE, MCX | BSE, NSE, MCX |
Account Type | Upstox Basic | Standard Brokerage Plan |
Year of Incorporation | 2012 | 2006 |
Number of Branches | 4 | 56 |
Broker Enquiry |
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Enquire Upstox | Enquire AxisDirect |
Upstox trading account opening charges is Rs 249 while AxisDirect account opening changes is Rs 900. Upstox Demat Account AMC Charges is Rs 300 and AxisDirect Demat Account AMC Charges is Rs 650.
Upstox | AxisDirect | |
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Trading Account Opening Charges | Rs 249 | 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 300 | Rs 650 |
Upstox brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.
Upstox | AxisDirect | |
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Account Type | Upstox Basic | Standard Brokerage Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 0 (Free) | 0.50% |
Equity Intraday Brokerage | Rs 20 per executed order or 0.05% whichever is lower | 0.05% |
Equity Futures Brokerage | Rs 20 per executed order or 0.05% whichever is lower | 0.05% |
Equity Options Brokerage | Rs 20 per executed order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
Currency Futures Trading Brokerage | Rs 20 per executed order or 0.05% whichever is lower | 0.05% |
Currency Options Trading Brokerage | Rs 20 per executed order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l |
Commodity Futures Trading Brokerage | Rs 20 per executed order or 0.05% whichever is lower | 0.03% |
Commodity Options Trading Brokerage | Rs 20 per executed order | Rs 50 per lot |
Special Offer | Special Offer: 30 days unlimited brokerage credit + Flat Rs 20 per order for Intra-day and F&O. Get the Exclusive Offer |
Upstox | AxisDirect | |
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Account Type | Upstox Priority (Higher Margin) | Standard Brokerage Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 0 | 0.50% |
Equity Intraday Brokerage | Rs 30 per executed order or 0.10% whichever is lower | 0.05% |
Equity Futures Brokerage | Rs 30 per executed order or 0.10% whichever is lower | 0.05% |
Equity Options Brokerage | Rs 30 per executed order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
Currency Futures Trading Brokerage | Rs 30 per executed order or 0.10% whichever is lower | 0.05% |
Currency Options Trading Brokerage | Rs 30 per executed order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l |
Commodity Futures Trading Brokerage | Rs 30 per executed order or 0.10% whichever is lower | 0.03% |
Commodity Options Trading Brokerage | Rs 30 per executed order | Rs 50 per lot |
Enquire Upstox | Enquire AxisDirect |
Minimum Brokerage Charges | 0.05% | Rs 20 per trade |
Other Brokerage Charges | ||
Call & Trade Charges | Rs 20 per trade | Rs 20 per call |
Upstox transaction charges for options is NSE Rs 5300 per Cr (0.053%) (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).
Upstox | AxisDirect | |
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Equity Delivery | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Intraday | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Futures | NSE Rs 200 per Cr (0.002%) | NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Options | NSE Rs 5300 per Cr (0.053%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) |
Currency Futures | NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%) | Rs 190 per Cr (0.0019%) |
Currency Options | NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium) | Rs 5000 per Cr (0.05%) (on premium) |
Commodity | Group A - Rs 290 per Cr (0.0029%) | |
Enquire Upstox | Enquire AxisDirect |
Upstox provides the margin of Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x for intraday trades whereas the AxisDirect margin for intraday cash is Upto 10x.
Upstox | AxisDirect | |
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Equity Delivery | 1x (no margin) | 100% (1x) |
Equity Intraday | Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x | Upto 10x |
Equity Futures | Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x | 100% (1x) |
Equity Options | Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x | 100% (1x) |
Currency Futures | Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x | 100% (1x) |
Currency Options | Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x | 100% (1x) |
Commodity Futures | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x | 3x |
Commodity Options | 100% (1x) | |
Enquire Upstox | Enquire AxisDirect |
The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.
Upstox | AxisDirect | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola | DirectTrade, Axisdirect Web, Axisdirect Mobile |
Intraday Square-off Time | 3:15 PM | 3:15 |
Other Features | Option strategy builder | |
Referral Program | ![]() |
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Enquire Upstox | Enquire AxisDirect |
Upstox is rated 2.5 of 5 based on 106 customer reviews whereas AxisDirect is rated 2.1 of 5 based on 68 customer reviews.
Upstox | AxisDirect | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire Upstox | Enquire AxisDirect |
Upstox | AxisDirect | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | Get 30 Days Unlimited TradingJoin over 20 lakh traders. Open an account and get 30 days unlimited brokerage credit. Trade in Intra-day and F&O Trades at flat Rs 20 per order. Request Callback |
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Enquire Upstox | Enquire AxisDirect |
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