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.
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed...
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
Discount Broker
Full Service Broker
Supported Exchnage
NSE, BSE, MCX and NCDEX
BSE, NSE
Account Type
Standard Plan
Trade@20 (SA75000)
Broker Enquiry
Stock Broker Fees / Charges
Zerodha
Axis Securities
Trading Account Opening Fees
₹300
₹900 (3 in 1 account)
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹100
₹0
Demat Account AMC
₹300
₹500
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
Zerodha
Axis Securities
Account Type
Standard Plan
Trade@20 (SA75000)
Fixed Charges
Equity Delivery Brokerage
₹0 (Free)
₹20 per executed order
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per executed order
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per executed order
Equity Options Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per executed order
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.03% each side
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per lot
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.03% each side
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹50 per lot
Other Charges
Minimum Brokerage Charges
₹0
₹20 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
₹250 per monthly fee if do not have axis bank account
Call & Trade Charges
₹20 per executed order
₹20 per call post 20th call per month
Taxes
Zerodha
Axis Securities
Securities Transaction Tax (STT)
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)
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)
Exchange Transaction Charges
Check table below
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Transaction Charges
Zerodha
Axis Securities
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
0.00325% (₹325/Cr)
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
0.00325% (₹325/Cr)
Equity Futures
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
0.0019% (₹190/Cr)
Equity Options
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
0.05% (₹5000/crore)
Currency Futures
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
0.0019% (₹190/Cr)
Currency Options
NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium)
0.05% (₹5000/crore)
Commodity
Group A - ₹260 per Cr (0.0026%)
Exposure
Zerodha
Axis Securities
Equity Delivery
1x (no margin)
Nil
Equity Intraday
Up to 20x (based on the stock)
Upto 10x
Equity Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Nil
Equity Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Nil
Currency Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
NA
Currency Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
NA
Commodity
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
3x
Share Broker Features
Zerodha
Axis Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
DirectTrade, Swift Trade, Axisdirect Mobile
Intraday Square-off Time
3:10 PM
3:15
Other Features
Direct Mutual Funds, APIs
Can trade in 32 exchanges through Saxo Trader
Broker Ratings (Average User Rating)
Zerodha
Axis Securities
330 Customer Reviews
48 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Zerodha is Rated 3.7 / 5 based on 330 customer reviews
AxisDirect is Rated 2.2 / 5 based on 48 customer reviews
Contact Broker / Request A Call Back
Zerodha
Axis Securities
Contact / Request Call Back
Investment Options Available
Zerodha
Axis Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Customer Service Offered
Zerodha
Axis Securities
24/7 Customer Service
Onine Live Chat
Through Branches
Order Type
Zerodha
Axis Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Research / Tips / Reports Published
Zerodha
Axis Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Suitable for Investor Category
Zerodha
Axis Securities
Casual Investor
Active Investor
Trader
Pros, Cons and Other Review Comments
Zerodha
Axis Securities
Pros
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.
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
Zerodha
Zero Account Opening Fee