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AxisDirect Stock Trading, Demat, Brokerage and Reviews 2020

4.78% 283,378 Clients

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 Loans, Auto Loans, Personal Loans, Loan against Property, Loan against Shares and Loans for SME, Credit and Prepaid Cards.

AxisDirect offers 3-in-1 account, an integrated Trading, Demat and Bank account. This account offers a seamless transaction of money and shares between the 3 accounts. It simplifies trading for the customers especially beginners and casual traders.

AxisDirect Charges 2020

Axis Direct Account Opening Charges

3-in-1 Account Opening Charges	₹999
Demat Account Opening Charges	₹0
Demat Account AMC	₹650 per year (free for 1st year)

Axis Direct Brokerage Charges

Axis Direct charges 0.50% brokerage for equity delivery, 0.05% for Intraday & Futures, and ₹10 per lot for options.

Segment	Brokerage Charges
Equity Delivery	0.50% (Each Leg)
Equity Intraday	0.05% (Each Leg)
Equity Future	0.05% (Each Leg)
Equity Options	Intraday: ₹0.01 per lot \| Carry Forward: ₹10 per lot
Currency Futures	0.05% (Each Leg)
Currency Options	Intraday: ₹0.01 per lot \| Carry Forward: ₹10 per lot
Commodity Futures	0.03% (Each Leg)
Commodity Options	₹50 per lot

AxisDirect Other Charges (Hidden Fees)

Axis Direct Minimum Brokerage: ₹20 per trade
Call & Trade Service: ₹20 per call
Brokerage Plan Modification Charge: ₹500 per quarter
Payment Gateway Charges (For Non-Axis Bank Customers): ₹9 per transfer

Visit AxisDirect Brokerage Charges Review for more detail.

AxisDirect Trading Software

Axis Securities offer multiple trading platforms based on customers investment style and needs.

DirectTrade

A Desktop trading application which has advanced charting, auto-refreshing order/trade/position books and high frequency updates of market rate. This trading terminal is suitable for high frequency traders.

The DirectTrade Terminal also offers live streaming quotes, Fully Customizable Multiple Market Watch and Quick access to order placement and reports.

The DirectTrade is available at additional cost of Rs 2999 per year.
Swift Trade

A Java applet-based trading platform. This light-weight trading platform offers functionality of trading terminal in a web browser.
Mobile Trading

AxisDirect Mobile App allows customers to trade in Equity and Derivative segments through your smart phone.
AxisDirect lite

AxisDirect Lite is a low bandwidth, user friendly trading platform that allows customers to trade in Equities and Derivatives even on slower internet connection.

Visit AxisDirect Trading Software Review for more detail.

Contact AxisDirect / Request Call Back

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AxisDirect Pros and Cons

AxisDirect Pros (Advantages)

The following are the advantages of AxisDirect. You must read AxisDirect advantages and disadvantages before opening an account with AxisDirect. AxisDirect pros and cons help you find if it suits your investment needs.

Axis Direct offers a 3-in-1 account. This includes Bank, Demat and Trading Account. This makes trading and investing very easy.
Axis Direct offers a large number of products under one single brand/website.
Axis Direct offers free research reports to its customers.
Axis Direct offers classroom sessions, webinars, Online Tutorials and Articles by Experts to help beginners understand basics.

AxisDirect Cons (Disadvantages)

The following are the cons of AxisDirect. Check the list of AxisDirect drawbacks.

Very high brokerage in comparison to discount stock brokers like Zerodha.

AxisDirect Margin / Exposure

AxisDirect leverage for intraday, delivery, options, currency and commodities.

Segment	Margin
Equity Delivery	100% (1x)
Equity Intraday	Upto 10x
Equity Future	100% (1x)
Equity Options	100% (1x)
Currency Future	100% (1x)
Currency Options	100% (1x)
Commodity Future	3x
Commodity Options	100% (1x)

Visit AxisDirect Margin Review for more detail.

AxisDirect Ratings

Overall Rating	2.2/5
Fees	2.1/5
Brokerage	1.8/5
Usability	2.7/5
Customer Service	2.3/5
Research Capabilities	3.7/5

Based on 57 Votes by AxisDirect Customers

Do you trade with AxisDirect? Rate AxisDirect

AxisDirect Complaint

The number of AxisDirect customer complaint received by the exchanges. The AxisDirect consumer complaint report helps understanding the Axis Securities quality and relibility of service.

Exchange	Financial Year	Number of Clients*	Complaints**
NSE	2020-21	283,378	17
NSE	2019-20	270,462	46
BSE	2019-20	40,666	2
NSE	2018-19	421,771	24
BSE	2018-19	33,522	4
NSE	2017-18	404,769	35
BSE	2017-18	66,921	11
NSE	2016-17	259,006	32
BSE	2016-17	40,340	2
NSE	2015-16	184,325	29

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit AxisDirect Complaints at BSE, NSE and MCX for detail report.

AxisDirect Reviews

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Axis Securities Options Trading Review

Compare AxisDirect with Top Brokers in India

AxisDirect Vs Zerodha	AxisDirect Vs ICICI Direct	AxisDirect Vs HDFC Securities
AxisDirect Vs Sharekhan	AxisDirect Vs Angel Broking	AxisDirect Vs Kotak Securities
AxisDirect Vs Motilal Oswal	AxisDirect Vs Karvy	AxisDirect Vs IIFL Securities
AxisDirect Vs SBI Securities	AxisDirect Vs Geojit	AxisDirect Vs Religare
AxisDirect Vs Edelweiss	AxisDirect Vs SMC Global	AxisDirect Vs Nirmal Bang
AxisDirect Vs 5paisa	AxisDirect Vs Ventura	AxisDirect Vs Upstox
AxisDirect Vs Anand Rathi	AxisDirect Vs Master Trust	AxisDirect Vs Indiabulls
AxisDirect Vs Aditya Birla Money	AxisDirect Vs Bonanza	AxisDirect Vs SAMCO
AxisDirect Vs TradingBells	AxisDirect Vs IDBI Capital	AxisDirect Vs TradeSmart
AxisDirect Vs SAS Online	AxisDirect Vs iTradeOnline	AxisDirect Vs RK Global
AxisDirect Vs Tradeplus	AxisDirect Vs Tradejini	AxisDirect Vs Alice Blue
AxisDirect Vs Wisdom Capital	AxisDirect Vs Fyers	AxisDirect Vs Finvasia
AxisDirect Vs Prostocks	AxisDirect Vs RMoney	AxisDirect Vs Beeline
AxisDirect Vs Just Trade	AxisDirect Vs Achiievers	AxisDirect Vs Trustline
AxisDirect Vs Yes Securities	AxisDirect Vs Indira Securities

103 Comments

103. No Jun 9, 2020 19:58

Worst

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

102. Swati Kedia Apr 20, 2020 01:40

I can give it a zero.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

101. deepak gajool Apr 9, 2020 21:36

good platform for client more facilities required

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Excellent
Overall Experience - Excellent

100. JP Apr 9, 2020 14:27

Trade@20 plan does not exists in AxisDirect anymore. For cash delivery they have 0.5% and 0.25% plans. Admin, Please checkout link below and update this page.

https://simplehai.axisdirect.in/images/Downloads/Charges_Subscription.pdf

99. MAMTA JHA Apr 3, 2020 19:48

in Brokerage & Overall support found very bad. I had traded on 30.03.2020 & 01.04.2020 and unable to verify the amount which was deducted by bank. And not body in the Bank clarify the same.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

98. PRASANNAKUMAR Apr 2, 2020 12:07

YET TO RECEIVE CHARGES AND FEE DETIALS PLEASE SEND ME BEST TARIFF ON EQUITY TRADING AWAITING YOUR RESPONSE

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor

97. Hitender Mar 3, 2020 16:50

Hi Good day, I'm frequent user of Axis Direct service,they are professional in advice wise ,as well communication and deep expert in stock analysis,there suggested stock have achieved target's so many times accurately ..Thanks

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

96. PAUL THOMAS Jan 15, 2020 09:19

Reaseach and recommendations good. But the platforms is very clumsy and at time goes hang.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Excellent
Customer Service - Below Average
Overall Experience - Below Average

95. Valliappan AN Jan 7, 2020 19:50

I had to close their dmat account and transfer to another dmat provider. But they keep on delaying its been almost a year, still they did not close. Too much of returns for so much of reasons, Axis Bank and Axis Securities are separate entities, and so they wont co-ordinate etc. Its too costly to maintain Axis account (10k min balance) or 75 k for 20rs trading. And then you have yearly charger, .5% brokerage otherwise etc.

Their research calls seems ok and for that i will give a plus.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Excellent
Customer Service - Very Poor
Overall Experience - Below Average

94. subu Oct 28, 2019 16:22

Axis direct has an internal "risk control" unit which never commincates with the client but based o the information of the clients it sets limits by itself for the client to trade. So for exampe if the risk control unit thinks that a client A has a profile where it should not trade in let's say the stock of Force motors, then it will automatically built in a check wherein the client will not be able to trade in Force motors even his/her research says its a good stock and wants to put in money.
Also the so called risk control unit can creates limits. For example for a client A they can create lets say for Reliance chemotex a limit of 500 share so the client will not be allowed to trade anything more than 500 shares even though the clients wants to put more money.
And all this is done by a handful of executives whose identities are never known to the client and the trading platform never takes any client consent for doing so.
And if you are stuck somewhere in the trade the client support is horrible, you cannot reach anybody beyond the front line executives, most of whom are recent college pass outs, even though you are loosing money in tons.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor

93. Sudhir Vinayak Kubal Oct 15, 2019 11:04

Compare to other trading platform, Axis Direct web on line trading platform required lots of modification! May be only good for bigness but for daily traders, improvement required

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Below Average
Customer Service - Average
Overall Experience - Below Average

92. Bank Bank Oct 10, 2019 22:12

Very bad, You need to monitor a lot in the ledger to find out all other charges

Ratings:

Account Opening Charges: Online - 500/- Offline - 1000/-

Brokerage - Flat 20/- (if you choose one India plan with monthly charges of 250/- if your non axis bank) if your axis 3 in 1 account for this brokerage you need to average balance of 75000/- quarterly in your axis bank account

Account Maintenance Fees - Average (400+18%GST) yearly

Pledge of Shares: Worst, Very High Charges based on the % of shares value

Website Usability - Worst. I couldn't describe in words how bad the website

Customer Service - Okay (Long waiting)

Overall Experience - Below Average

Payout Request/Money Withdraw: Worst ,Non axis account holders need to call customer care for money withdrawal request

Advantage : Pledged shares can be used to for option selling / futures trading with out 50:50 collateral + cash requirement.

Trading Portal ease of use: Very difficult.

91. MONALISA KAR Sep 12, 2019 16:35

Very bad
Unnecessary debit from account

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

90. BITTU DUTTA Aug 31, 2019 14:46

AXIS SECURITIES CUSTOMERS SERVICES IS VERY POOR. PLEASE IMPROVE CUSTOMERS SERVICES...AND NO BRANCH FACILITIES.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Very Poor
Overall Experience - Average

89. Antony Merlin Francis Aug 18, 2019 13:08

IS THERE Axis Demat account validity ?

88. Gautam Sahu Apr 25, 2019 15:50

Very Very High Brokarage.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Average
Customer Service - Below Average
Overall Experience - Below Average

87. Vishal Gaikwad Apr 18, 2019 09:09

Before opening the Account Axis confirmed that option trading brokerage will be Rs. 0.01 for intraday.

But when trading deducting Rs. 20/lot brokerage for intraday.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

86. Heera Apr 13, 2019 20:40

Axis direct will deduct AMC twice in a year (885+885=1770) and even they don't send regular update on trading just says dp consolidated chargers and deduct hefty amount from us.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Excellent
Customer Service - Very Poor
Overall Experience - Very Poor

85. srinu Jan 26, 2019 20:52

I am not happy with the brokerage charges.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

84. Sikha Das Jan 9, 2019 12:10

Most 3rd class brokerage house. Charges are high. They will chop ur money silently from your account as Consolidated DP charges and you will not get any statement of this charge. Even it will not be mentioned in the contact note. Their Customer support will throuh the complain to DP Operation team and DP Operation team will through it to customer support. But nobody could be able to explain you about this consolidate dp charges and a proper statement of the deduction.
I would be happy if I could be able to through this dacoit people in the ocean. Till now I am going to close my account as early as possible.

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