Zerodha Vs AxisDirect Share Broker Comparison
The side-by-side comparison of Zerodha and Axis Securities stock brokers in India. The comparison below highlights the similarities and differences between Zerodha and AxisDirect's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Zerodha and AxisDirect.
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Zerodha |
Axis Securities |
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| About the Broker |
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh...  |
Incorporated in 2005, Axis Securities is a subsidiary company of Axis Bank Ltd. Company offers broking services and distribution of financial products to retail customers in India. Axis Sec offers a single account to its customer to invest in Equitie... |
Type of Broker
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Discount Broker |
Full Service Broker |
| Supported Exchnage
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NSE, BSE, MCX and NCDEX |
BSE, NSE |
| Account Type
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Standard Plan |
Fixed Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Zerodha |
Axis Securities |
| Trading Account Opening Fees
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₹300 |
Rs 999 |
| Trading Account AMC
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₹0 (Free) |
Rs 0 |
| Demat Account Opening Fees
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₹100 |
Rs 0 |
| Demat Account AMC
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₹300 |
Rs 650 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Zerodha |
Axis Securities |
| Account Type |
Standard Plan |
Fixed Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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₹0 (Free) |
0.50% |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
0.05% |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
0.05% |
| Equity Options Brokerage
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₹20 per executed order or .01% whichever is lower |
Intraday Rs 0.01, Carry Forward: Rs 10 per lot |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
0.05% |
| Currency Options Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
Intraday Rs 0.01, Carry Forward: Rs 10 per lot |
| Commodity Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
NA |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Zerodha |
Axis Securities |
| Account Type |
Standard Plan |
Investment Plus Plan |
| Fixed Charges
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Rs 1500 for 6 Months |
| Equity Delivery Brokerage
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₹0 (Free) |
0.50% |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
0.05% |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
0.05% |
| Equity Options Brokerage
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₹20 per executed order or .01% whichever is lower |
Intraday Rs 0.01, Carry Forward: Rs 10 per lot |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
0.05% |
| Currency Options Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
Intraday Rs 0.01, Carry Forward: Rs 10 per lot |
| Commodity Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
NA |
| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Zerodha |
Axis Securities |
| Account Type |
Standard Plan |
Now or Never Plan |
| Fixed Charges
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Rs 5555 for 10 years |
| Equity Delivery Brokerage
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₹0 (Free) |
0.25% |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
0.03% |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
0.03% |
| Equity Options Brokerage
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₹20 per executed order or .01% whichever is lower |
Intraday Rs 0.01, Carry Forward: Rs 10 per lot |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
0.03% |
| Currency Options Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
Intraday Rs 0.01, Carry Forward: Rs 10 per lot |
| Commodity Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
NA |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹0 |
Rs 20 per trade or 2.5% of the trade value whichever is lower |
| Other Brokerage Charges
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Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS |
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| Call & Trade Charges
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₹20 per executed order |
Rs 20 per call post 20th call per month |
Taxes
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Zerodha |
Axis Securities |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Zerodha |
Axis Securities |
| Equity Delivery
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
0.00325% (Rs 325/Cr) |
| Equity Intraday
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
0.00325% (Rs 325/Cr) |
| Equity Futures
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NSE ₹210 per crore | BSE ₹1 per trade (each side) |
0.0019% (Rs 190/Cr) |
| Equity Options
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NSE ₹5300 per crore | BSE ₹1 per trade (each side) |
0.05% (Rs 5000/crore) |
| Currency Futures
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NSE ₹135 per crore (0.00135%) |
0.0019% (Rs 190/Cr) |
| Currency Options
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NSE ₹4400 (on premium) per crore (0.044%) |
0.05% (Rs 5000/crore) |
| Commodity
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Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore |
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Exposure
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Zerodha |
Axis Securities |
| Equity Delivery
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1x (no margin) |
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| Equity Intraday
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Up to 20x (based on the stock) |
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| Equity Futures
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
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| Equity Options
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
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| Currency Futures
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
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| Currency Options
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
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| Commodity
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
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Share Broker Features
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Zerodha |
Axis Securities |
| 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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| Trading Platform
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Kite Web, Kite Android/iOS, Pi, Coin |
DirectTrade, Swift Trade |
| Intraday Square-off Time
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3:10 PM |
3:15 |
| Other Features
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Direct Mutual Funds |
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Broker Ratings (Average User Rating)
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Zerodha |
Axis Securities |
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321 Customer Reviews  |
45 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Zerodha is Rated 3.8 / 5 based on 321 customer reviews |
AxisDirect is Rated 2.2 / 5 based on 45 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Zerodha |
Axis Securities |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Zerodha |
Axis Securities |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Zerodha |
Axis Securities |
| 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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Research / Tips / Reports Published
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Zerodha |
Axis Securities |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Zerodha |
Axis Securities |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Zerodha |
Axis Securities |
| Pros
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- Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
- Excellent trading platforms made available for free to all its customers.
- Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
- Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
- 10% referral credit for reffering new customers.
- Direct Mutual Fund Investment is available.
- Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.
More Advantages... |
- Zero brokerage for options Intraday trading. Rs 10 per lot for options carry forward.
- Offers 3-in-1 investment account
- Free research reports
- Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
More Advantages... |
| Cons
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- Doesn't provide stock tips, research reports or recommendations.
- Call & Trade is charged at extra Rs 20 order.
- Doesn't provide options to invest in IPO, Bond and NCD's public offers.
- Margin funding is not available.
- GTC/GTD not available in Equity.
More Disadvantages... |
- Installable trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
More Disadvantages... |
| Reviews
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Useful Articles about Zerodha:
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| Promo / Offers
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Truly free equity delivery trading
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
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Enquire about Zerodha
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Enquire about AxisDirect
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Zerodha
Zero Account Opening Fee