Zerodha Vs AxisDirect (Compare Zerodha and AxisDirect)
The side-by-side comparison of Zerodha and AxisDirect. Compare Zerodha Vs AxisDirect brokerage, charges, exposure margin, demat account. Read AxisDirect and Zerodha review.
Find out Zerodha Vs AxisDirect which is better and Zerodha Vs AxisDirect which is best.
Our Zerodha comparison with Axis Securities highlights the major differences between two brokers. Find the best between Zerodha and AxisDirect.
Zerodha Vs AxisDirect
Zerodha
AxisDirect
Find more info about broker
About the Broker
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 ₹20 per executed o...
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 AxisDir...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
NSE, BSE, MCX and NCDEX
BSE, NSE, MCX
Account Type
Flat Brokerage Plan
Trade@20 (SA75000)
Broker Enquiry
Year of Incorporation
2010
2006
Number of Branches
22
56
Enquire Zerodha
Enquire AxisDirect
Zerodha Vs AxisDirect Charges
Zerodha
AxisDirect
Trading Account Opening Fees
₹200
₹900
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹300
₹650
Demat Account is Mandatory?
No
No
Zerodha Vs AxisDirect Brokerage
Brokerage Plan 2
Zerodha
AxisDirect
Account Type
Flat Brokerage Plan
Fixed Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
₹0 (Free)
0.50% (Each Leg)
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
0.05% (Each Leg)
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
0.05% (Each Leg)
Equity Options Brokerage
₹20 per executed order or .01% whichever is lower
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.05% (Each Leg)
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.03% (Each Leg)
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
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges
₹50 per executed order
₹20 per call
Zerodha Vs AxisDirect Taxes
Zerodha
AxisDirect
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Zerodha Vs AxisDirect Transaction Charges
Zerodha
AxisDirect
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures
NSE ₹190 per Cr (0.0019%)
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options
NSE ₹5000 per Cr (0.05%)
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
₹190 per Cr (0.0019%)
Currency Options
NSE ₹70 per Cr (0.0007%) | BSE ₹100 per Cr (0.001%) (on premium)
₹5000 per Cr (0.05%) (on premium)
Commodity
Group A - ₹260 per Cr (0.0026%)
Zerodha Vs AxisDirect Exposure Margin
Zerodha
AxisDirect
Equity Delivery
1x (no margin)
100% (1x)
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)
100% (1x)
Equity Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
100% (1x)
Currency Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
100% (1x)
Currency Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
100% (1x)
Commodity Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
3x
Commodity Options
100% (1x)
Zerodha and AxisDirect Feature Comparison
Zerodha
AxisDirect
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, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time
3:10 PM
3:15
Other Features
Direct Mutual Funds, APIs
Referral Program
Zerodha Vs AxisDirect Review
Zerodha
AxisDirect
369 Customer Reviews
55 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Zerodha is Rated 3.7 / 5 based on 369 customer reviews AxisDirect is Rated 2.1 / 5 based on 55 customer reviews
Zerodha Vs AxisDirect Investment Options
Zerodha
AxisDirect
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Loans, ETF, Corporate FD
Zerodha Vs AxisDirect Customer Service
Zerodha
AxisDirect
24/7 Customer Service
Onine Live Chat
Through Branches
Zerodha Vs AxisDirect Order Type Offered
Zerodha
AxisDirect
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Zerodha Vs AxisDirect Research Report
Zerodha
AxisDirect
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Zerodha Vs AxisDirect Suitable For Investor Type
Zerodha
AxisDirect
Casual Investor
Active Investor
Trader
Zerodha Vs AxisDirect - Advantages and Disadvantages
Zerodha
AxisDirect
Pros
Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
Excellent trading platforms (Kite) available for free.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
Direct Mutual Fund Investment is available.
Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
Zerodha Referral Program offers 10% broekrage share to clients you refer.
Good Till Triggered (GTT) order are available. These are simillar to GTC orders.
More Advantages...
Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
Offers 3-in-1 investment account
Free research reports
Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
More Advantages...
Cons
Doesn't provide stock tips, research reports or recommendations.
Call & Trade is charged at extra ₹50 order.
Auto Square off is charged at extra ₹50 order.
Doesn't offer 3-in-1 account.
Doesn't offer unlimited trading plans.
Doesn't offer AMC Free Demat account.
More Disadvantages...
Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
Charges ₹250 per month fee if you are not an axis bank customer.
Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
Higher commodity and currency trading brokerage.
Call & Trade is charged ₹20 extra per trade
More Disadvantages...
Reviews
Promo / Offers
Free Equity Delivery Trading 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