AxisDirect Stock Trading, Demat, Brokerage and Reviews 2020


45.77% 394,240 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.

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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.

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

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 (AxisDirect 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.

 

Visit AxisDirect Trading Software Review for more detail.

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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.

Axis Securities Enquiry Form

AxisDirect Margin / Exposure

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

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

Visit AxisDirect Margin Review for more detail.


AxisDirect Ratings

Overall Rating Rated 2.1 stars 2.1/5
Fees Rated 2.1 stars 2.1/5
Brokerage Rated 1.8 stars 1.8/5
Usability Rated 2.7 stars 2.7/5
Customer Service Rated 2.2 stars 2.2/5
Research Capabilities Rated 2.8 stars 2.8/5

Based on 64 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 2020-21 394,240 77
BSE 2020-21 40,816 2
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

* 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.


113 Comments

Raman Kumar Bajaj
113. Raman Kumar Bajaj  Nov 3, 2020 00:53 I Like It. | Report Abuse Reply
Bokerage for delivery is very high.

Axis direct doesn't give details / Narrations of debit / credits made in linked bnk account

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Below Average
Overall Experience - Average
nayan deka
112. nayan deka  Oct 25, 2020 13:09 I Like It. | Report Abuse Reply
very high brokerage . very low intraday margin .


Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Below Average
VIJAY
111. VIJAY  Sep 18, 2020 12:30 I Like It. | Report Abuse Reply
Brokerage very high

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor
Nirajkumar Gupta
110. Nirajkumar Gupta  Aug 21, 2020 17:26 I Like It. | Report Abuse Reply
Overall Service of Axis Bank Demat Account is Very Poor.

Please donot open demat account in Axis bank
Dhiraj Talele
109. Dhiraj Talele  Aug 16, 2020 12:51 I Like It. | Report Abuse Reply
High brokerage

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
KOSHAL
108. KOSHAL  Aug 15, 2020 06:21 I Like It. | Report Abuse Reply
Worst site for share market

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Below Average
Overall Experience - Very Poor
Vinay
107. Vinay  Aug 4, 2020 19:27 I Like It. | Report Abuse Reply
Unusual charges debited , brokerage is also high compared to others

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
Abhijhit
106. Abhijhit  Aug 4, 2020 02:52 I Like It. | Report Abuse Reply
if you are charging High Brokerages then you should provide chart facility like zeroda to Upstox.
Paul
105. Paul  Aug 3, 2020 00:28 I Like It. | Report Abuse Reply
Platform is very slow and lot of bugs. Company is interested in auto debit of various charges. Not heeding to complaints of clients.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Below Average
Amol Vinayak Marathe
104. Amol Vinayak Marathe  Jul 27, 2020 13:20 I Like It. | Report Abuse Reply
Worst brokerage firm ever.
No care about the customer.
No call back .
Too much brokerage charges
So many times axis direct app facing challenges.
When we called customer care the caller suddenly disappeared they don't have manners to call back.
So many thing etc etc !!!
Guys! I have done biggest mistake to joined this brokerage firm.
I could join other discount broker ???

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Above Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
BITTU DUTTA
103. BITTU DUTTA  Aug 31, 2019 15:46 I Like It. | Report Abuse 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
MAMTA JHA
102. MAMTA JHA  Apr 3, 2020 20:48 I Like It. | Report Abuse Reply
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
No
101. No  Jun 9, 2020 20:58 I Like It. | Report Abuse Reply
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
Swati Kedia
100. Swati Kedia  Apr 20, 2020 02:40 I Like It. | Report Abuse Reply
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
deepak gajool
99. deepak gajool  Apr 9, 2020 22:36 I Like It. | Report Abuse Reply
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
JP
98. JP  Apr 9, 2020 15:27 I Like It. | Report Abuse Reply
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
PRASANNAKUMAR
97. PRASANNAKUMAR  Apr 2, 2020 13:07 I Like It. | Report Abuse Reply
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
Hitender
96. Hitender  Mar 3, 2020 17:50 I Like It. | Report Abuse Reply
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
PAUL THOMAS
95. PAUL THOMAS  Jan 15, 2020 10:19 I Like It. | Report Abuse Reply
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
Valliappan AN
94. Valliappan AN  Jan 7, 2020 20:50 I Like It. | Report Abuse Reply
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

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