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AxisDirect Stock Trading, Demat, Brokerage and Reviews 2020

-35.54% 271,881 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	2.1/5
Fees	2.1/5
Brokerage	1.8/5
Usability	2.7/5
Customer Service	2.3/5
Research Capabilities	3.6/5

Based on 56 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.

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.

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.

AxisDirect Brokerage 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 offers 2 types of brokerage plans:

Fixed Brokerage Plan
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 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

Axis Trade@20 Brokerage Plan

Trading Segment	Brokerage 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 Futures	Not Applicable
Currency Options	Not Applicable
Commodity Futures	Not Applicable
Commodity Options	Not 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.

Segment	Exposure 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)

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	29,651	1
NSE	2019-20	271,881	37
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

* 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.

Read detail report about Axis Securities Complaints at BSE, NSE and MCX
Broker complaints in India - Year wise complaints received by exchange

99 Comments

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.

83. dinesh balaraj Jan 1, 2019 20:23

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

82. mitesh Sep 25, 2018 12:30

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

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

81. C p sahu Nov 22, 2018 15:36

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

80. Rk Nov 9, 2018 05:34

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

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
AxisDirect Vs SBI Securities	AxisDirect Vs Geojit	AxisDirect Vs Religare
AxisDirect Vs Edelweiss	AxisDirect Vs Reliance Securities	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 Trade Smart Online	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 RKSV

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