Zerodha Vs AxisDirect (Compare Zerodha and AxisDirect)


Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment). Ze... Know more about Zerodha


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... Know more about Axis Securities

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Zerodha Vs AxisDirect

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 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.

  Zerodha AxisDirect
Type of Broker Discount Broker Full Service Broker
Exchnage Membership NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Year of Incorporation 2010 2006
Number of Branches 22 56
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Zerodha Vs AxisDirect Charges & AMC

Zerodha trading account opening charges is Rs 200 while AxisDirect account opening changes is Rs 900. Zerodha Demat Account AMC Charges is Rs 300 and AxisDirect Demat Account AMC Charges is Rs 650.

  Zerodha AxisDirect
Trading Account Opening Charges Rs 200 Rs 900
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 300 Rs 650
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Zerodha Vs AxisDirect Brokerage Charges & Plans

Zerodha Vs AxisDirect Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

  Zerodha AxisDirect
Account Type Flat Brokerage Plan Standard Brokerage Plan
Fixed Charges NA
Equity Delivery Rs 0 (Free) 0.50%
Equity Intraday Rs 20 per executed order or .03% whichever is lower 0.05%
Equity Futures Rs 20 per executed order or .03% whichever is lower 0.05%
Equity Options Rs 20 per executed order Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Rs 20 per executed order or .03% whichever is lower 0.05%
Currency Options Rs 20 per executed order or .03% whichever is lower Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures Rs 20 per executed order or .03% whichever is lower 0.03%
Commodity Options Rs 20 per executed order or .03% whichever is lower Rs 50 per lot
Special Offer
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 online with Zerodha and start trading today.

Zerodha Charges Vs AxisDirect

Minimum Brokerage 0.03% in Intraday and F&O Rs 20 per trade
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges Rs 50 per executed order Rs 20 per call
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Zerodha Vs AxisDirect Transaction Charges

Zerodha 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).

  Zerodha AxisDirect
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 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) Rs 190 per Cr (0.0019%)
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) Rs 5000 per Cr (0.05%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%)
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Zerodha Vs AxisDirect Leverage (Margin)

Zerodha margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the AxisDirect margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Zerodha AxisDirect
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Zerodha and AxisDirect Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Zerodha AxisDirect
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Kite Web, Kite Mobile for Android/iOS and Coin DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close 3:15
Other Features Direct Mutual Funds, APIs for Algo Trading
Referral Program Yes Yes
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Zerodha Vs AxisDirect Review

Zerodha is rated 3.7 of 5 based on 435 customer reviews whereas AxisDirect is rated 2.1 of 5 based on 71 customer reviews.

  Zerodha AxisDirect
  435 Customer Reviews    Rate Zerodha 71 Customer Reviews    Rate AxisDirect
Fees 3.7 2.0
Brokerage 4.3 1.7
Trading Platform 3.6 2.6
Customer Service 3.4 2.2
Research Capabilities 2.7 2.9
Overall Ratings Rated 3.7 stars Rated 2.1 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 435 customer reviews AxisDirect is rated 2.1 of 5 based on 71 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Enquire AxisDirect Enquire
Contact Broker 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 online with Zerodha and start trading today. Leave your contact information and we will get in touch with you....
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Zerodha Vs AxisDirect Investment Options

  Zerodha AxisDirect
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options Loans, ETF, Corporate FD
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Zerodha Vs AxisDirect Order Type Offered

  Zerodha AxisDirect
Bracket Order No No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes Yes
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Zerodha Vs AxisDirect Research Report

  Zerodha AxisDirect
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Zerodha Vs AxisDirect Suitable For Investor Type

  Zerodha AxisDirect
Casual Investor Yes Yes
Active Investor Yes
Trader Yes
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Zerodha Vs AxisDirect - Pros and Cons

  Zerodha AxisDirect
Pros
  • India's No. 1 broker in terms of the number of active clients and exchange volume.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
  • 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
Reviews
Promo / Offers

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

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