Free Trading + Demat Account

AxisDirect Stock Trading, Demat, Brokerage and Reviews 2019


-7.65% 389,512 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.

Axis Direct Trade@20 plan is a discount brokerage plan. Customer pays flat fee brokerage of ₹20 per executed order for online Equity and Equity Derivatives. Note that a quarterly balance of ₹75,000 is required in the linked Axis Bank account to avail of this plan. The broker-assisted trades (i.e. call & trade) cost extra Rs 20 per order.

The Trade@20 comes with free access to AxisDirect website, Axis Direct Mobile App and Direct Trader (installable trading terminal) software.

AxisDirect Ratings

Overall Rating Rated 2.2 stars 2.2/5
Fees Rated 2.0 stars 2.0/5
Brokerage Rated 1.8 stars 1.8/5
Usability Rated 2.8 stars 2.8/5
Customer Service Rated 2.4 stars 2.4/5

Based on 49 Votes by AxisDirect Customers

Do you trade with AxisDirect? Rate AxisDirect

Information about AxisDirect account opening, AxisDirect open account, AxisDirect opening charges, AxisDirect account opening charges, AxisDirect account opening status, AxisDirect amc charges, AxisDirect account charges, AxisDirect account closure


AxisDirect's Trading Platforms

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

  1. 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.

  2. Swift Trade

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

  3. Mobile Trading

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

  4. 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.

Read AxisDirect Trading Software Review for info about AxisDirect platform, AxisDirect trading platform, AxisDirect trading software, AxisDirect trading demo, AxisDirect Demo, AxisDirect download, AxisDirect software download, AxisDirect software, AxisDirect stop loss, AxisDirect trading and AxisDirect trading account.

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AxisDirect Brokerage Charges 2019

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 offers 2 types of brokerage plans:

  1. Fixed Brokerage Plan
  2. Trade@20 Plan

Axis Default Fixed Brokerage Plan

In this plan, the brokerage is charged in % of the transaction. This plan is suitable for casual stock market investors and beginners. The brokerage charged in this plan is as below:

Trading SegmentBrokerage Charges
Equity Delivery0.50% (Each Leg)
Equity Intraday0.05% (Each Leg)
Equity Future0.05% (Each Leg)
Equity OptionsIntraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures0.05% (Each Leg)
Currency OptionsIntraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Commodity Futures0.03% (Each Leg)
Commodity Options₹50 per lot

Axis Trade@20 Brokerage Plan

Trading SegmentBrokerage Charges
Equity Delivery₹20 per executed order
Equity Intraday₹20 per executed order
Equity Future₹20 per executed order
Equity Options₹20 per executed order
Currency FuturesNot Applicable
Currency OptionsNot Applicable
Commodity FuturesNot Applicable
Commodity OptionsNot Applicable

AxisDirect Other Brokerage Charges (Hidden Fees)

  • Axis Direct Minimum Brokerage: ₹20 per trade
  • Call & Trade Service: ₹20 per call
  • Brokerage Plan Modification Charge: ₹500 per quarter
  • Trade@20 Plan maintenance charges for Non-Axis Bank customers: ₹250 per month
  • Payment Gateway Charges (For Non-Axis Bank Customers): ₹9 per transfer

Check out AxisDirect Brokerage Charges, Fees, AMC, Transaction Charges. Get detail about AxisDirect pricing, AxisDirect brokerage calculater, AxisDirect brokerage, AxisDirect plans, AxisDirect brokerage review, AxisDirect brokerage plans, AxisDirect fund transfer, AxisDirect intraday brokerage, AxisDirect charges, AxisDirect charge list, AxisDirect charges calculator, AxisDirect prepaid brokerage plans, AxisDirect yearly charges, AxisDirect fees, AxisDirect yearly maintenance charge, AxisDirect option brokerage and AxisDirect trading charges.

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AxisDirect Pros and Cons

AxisDirect Advantages

  • Axis Direct offers a 3-in-1 account. This includes Bank, Demat and Trading Account. This makes trading and investing very easy.
  • The trade@20 plan offers to trade at a flat rate of Rs 20 per trade. This is among the lowest brokerage. But it requires Rs 75000 Average quarterly balance in the bank account.
  • 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 Disadvantages

  • The trade@20 plan requires Rs 75000 Average quarterly balance in linked Axis bank account.
  • The Trade@20 plan is not available for currency and commodity trading.
  • The trade@20 plan is available for non-Axis bank customers at Rs 250 per month fee.
  • If Average quarterly balance requirement not met, a trading plan is changed automatically and Rs 500 is charged towards change in plan.
  • Very high brokerage rate if you do not take Trade@20 plan.

AxisDirect Exposure Margin

AxisDirect leverage for intraday, delivery, options, currency and commodities. Read AxisDirect exposure limit review.

SegmentExposure Margin
Equity Delivery100% (1x)
Equity IntradayUpto 10x
Equity Future100% (1x)
Equity Options100% (1x)
Currency Future100% (1x)
Currency Options100% (1x)
Commodity Future3x
Commodity Options100% (1x)

AxisDirect Complaints received at BSE/NSE

Number of customer complained against Axis Securities share broker. The Axis Securities consumer complaints provide the summary of grievance which went to exchange for resolution.

AxisDirect Customer Complaints

Exchange Financial Year Number of Clients * Total Complaints **
BSE 2019-20 15,360 1
NSE 2019-20 389,512 3
BSE 2018-19 33,522 4
NSE 2018-19 421,771 24
BSE 2017-18 66,921 11
NSE 2017-18 404,769 35
BSE 2016-17 40,340 2
NSE 2016-17 259,006 32
BSE 2015-16 39,776 10
NSE 2015-16 184,325 29
BSE 2014-15 23,306 10
NSE 2014-15 120,292 24
BSE 2013-14 15,342 3
NSE 2013-14 77,333 16
BSE 2011-12 11,743 1
NSE 2011-12 11,901 3

* Number of active customers. As per SEBI guidelines each broker reports the detail of active clients to the exchange through unique client code (ucc) process every month.

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

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91 Comments

MONALISA KAR
91. MONALISA KAR  Sep 12, 2019 16:35 Reply
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
BITTU DUTTA
90. BITTU DUTTA  Aug 31, 2019 14:46 Reply
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
Antony Merlin Francis
89. Antony Merlin Francis  Aug 18, 2019 13:08 Reply
IS THERE Axis Demat account validity ?
Gautam Sahu
88. Gautam Sahu  Apr 25, 2019 15:50 Reply
Very Very High Brokarage.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Average
Customer Service - Below Average
Overall Experience - Below Average
Vishal Gaikwad
87. Vishal Gaikwad  Apr 18, 2019 09:09 Reply
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
Heera
86. Heera  Apr 13, 2019 20:40 Reply
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
srinu
85. srinu  Jan 26, 2019 20:52 Reply
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
Sikha Das
84. Sikha Das  Jan 9, 2019 12:10 Reply
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.
dinesh balaraj
83. dinesh balaraj  Jan 1, 2019 20:23 Reply
This axis direct has looted me by way of brokerage and charged me 1.35 lakhs as brokerage in 1 year i left what a LOOTER BANK!!!!!!!

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
mitesh
82. mitesh  Sep 25, 2018 12:30 Reply
at first i was informed that only 025% wil be charged for brokerage. but later on they have been charging me many hidden charges and trading gets very expensive. you loose money on your profits. will never recommend this junk to anyone.. i am closing my account from axis direct and shifting to another brokerage firm..mostly zerodha or 5paisa.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor
manivannan m
82.1. manivannan m  Dec 15, 2018 20:01
i am also desided demat a/c closing more brokerage & hiden charges dont rec your frnds & anyone
C p sahu
81. C p sahu  Nov 22, 2018 15:36 Reply
Brokerage for option carry forwarding is rs 10 per lot. But on option expiry day what is the existence of carry forwarding? Why they charged for expired option?

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Above Average
Overall Experience - Very Poor
Rk
80. Rk  Nov 9, 2018 05:34 Reply
If u buy share rs 100 that is allocated to you by 103 or 104.
If u going to sell 100 can able to get only 97 or 98.
Don't go with axis direct. If u trade with axis direct ur money directly go to axis direct only

Go with 5paisa they change 10 rs

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Pawan Kumar Aggarwal
79. Pawan Kumar Aggarwal  Oct 31, 2018 23:07 Reply
Mobile App is not good at all. Please give it a totally new outlook and make it easier to operate.

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Average
Kinjal Chauhan
78. Kinjal Chauhan  Jan 16, 2017 13:46 Reply
Very slow account opening process, no clarity with the staff.
Web site not even comparable to discount brokers but charges are of full service brokers.

Ratings:

Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
Nitin waghmare
78.1. Nitin waghmare  Oct 28, 2018 15:49
Call me madam
Ranjeeth
77. Ranjeeth  Oct 20, 2018 14:09 Reply
Brokering charges

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Average
Overall Experience - Very Poor
abdul
76. abdul  Sep 26, 2018 13:49 Reply
bought 20 share of 1236 each
sold on 1240.70 worst part is earned just rs 26
pathetic trade
no option to trade with stop loss i would have lost over rs 1200
but was i solt it this was first transaction and it will be my last transaction

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Very Poor
Harsh bhagtani
75. Harsh bhagtani  Sep 22, 2018 22:51 Reply
Never do trading with AXIS DIRECT trading platform. They are decoit. In FNO axis direct charge .05 to 1.50 rs in market prices. And customer never ever feel this until unless he check with every point.
I check my account first time and axis bank cheat me with around 55 k in my transaction.



Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Mahalingam Venkatasubramanian
74. Mahalingam Venkatasubramanian  Sep 14, 2018 16:30 Reply
1) Brokerage is too high and need to be reduced
2) Yearly maintenance fee / DP charges needs to reduced or eliminated
3) Axisdirect Web site needs to be improved to give more benefits to the users . (1) Mobile alerts required for market movements, news, notifications etc (2) option needed for sectorial analysis of stocks in the portfolio (3) option needed for the analysis of scripts based on holding period (4) option for fixing threshold limits for each scripts . whenever this limit is crossed mobile/desktop alert needed

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Above Average
vivek Kumar
73. vivek Kumar  Sep 14, 2018 11:47 Reply
Totally a fraud broker and specially in emargin
Don't go with it because you will lost your amount without notification and they will never reply on your question
abc
72. abc  Sep 10, 2018 11:42 Reply
brokerage to high. they never mention about fixed charges of 25rs.

Ratings:

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

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