Axis Direct is a part of Axis group also know as an Axis Securities Ltd was founded in the year 2005. It is linking with Axis bank so they offer 3-in-1 account includes Saving bank account, Demat Account and Online account for Trading.
Its provide a solution for all Investment and trading needs like Equity, IPO, Derivatives, Mutual Fund, SIP, ETFs, NCDs, Bonds And Company FDs, Tax Planning.
It provides a high-end trading platform for online trading in IPO, Mutual Fund. One of the top 10 full-service stock Broker in India.
Key Features:
- Trading Platform is very good.
- Customer Learning Centers.
- 3 in 1 account for all financial need.
- Customer service support is awesome.
- Best Research ideas like investment, Trading, Mutual funds, SIP.
| Website. | www.axisdirect.co.in |
| Demat Account. | CSDL. |
| Trading Exchanges. | NSE,BSE,MCX-SX. |
| Broker Type. | Full-Service Broker. |
Axis Direct Account opening Charges.
| Trading Account. | NA. |
| Demat account. | Rs.999. |
| Commodity Account. | NA. |
| Trading Annual maintenance charges (AMC). | Rs.135 /Quarter. |
Axis Direct Brokerage Charges.
They offers 3 different types of brokerage plans to the customer. The customer can select a brokerage plan according to his / her trading volume.
Fixed plan:
- Subscription charges Rs.0 but Rs.999 has to be paid for account opening.
- This plan does not have any validity.
- 20 calls and trade free per month.
Investment Plus Plan:
- Subscription Fees Rs.1500 and Rs.0 for account opening.
- This plan comes with a 6-month validity.
- No Brokerage charges on Delivery Turnover up to Rs.3,00,000.
- All calls and Trade are free for 1 st Month.
Now or Never Plan:
- Rs.5555 for One-time subscription and it is validated for 10 years.
- 0 account opening changes.
- Up to Rs.12,00,000 brokerage free Delivery Turnover
- Free call & Trade for 1 year.
- This plan is best for investors with high amount.
Brokerage Charges After Free Delivery Turnover for all three plan.
| SEGMENT | BROKERAGE. |
| Equity Intraday | 0.05% on turnover. |
| Equity Delivery | 0.5 % on turnover. |
| Derivative Futures | 0.05% |
| Option Intraday | Rs. 0.01 per lot. |
| Options Carry Forward | Rs. 10 Per lot. |
Axis Direct Other Charges list.
- Call & Trade: After first 20 calls per month they charge Rs.20 per call.
- Rs.0 for a closing of the account.
- AMC only Rs. 650
- Rs. 100 for extra account statements.
- Minimum brokerage charges Rs.20 or 2.5% on trading value (Whichever is low)
Leverage or Margin.
| SEGMENT. | MARGINS. |
| Equity (Intraday). | Up to 10 times for Intraday. |
| Equity (Delivery). | using cover order 25 times. |
| Equity Futures. | No Leverage. |
| Equity Options. | No Leverage. |
| Currency Futures. | No Leverage. |
| Currency Options. | No Leverage. |
| Commodity. | NA. |
Platform or Software.
| Trading Platform or Software. | AxisDirect Trade |
| Web-based. | Axisdirect Lite, Swift Trade. |
| Mobile Application. | Axisdirect Mobile App |
AxisDirect Trade: This platform is a desktop base trading platform for the active online trader. Easy to place an order and real-time trade execution. Ask for the demo.
Key Features:
- Fund Transfer option enabled in the platform
- Live Chart with so many useful technical indicators.
- Research and Trading Ideas.
- Mutual Fund order placement.
AxisDirect Lite Web-based: It is a browser-based trading platform. No need to download and platform Just open the page submit your login details and ready to trade.
Key Features:
- log in from anywhere.
- Advanced features & Deep Research
- Online Trading available for all segments
- View Portfolio & Tools
AxisDirect Mobile App: This is a trading platform for a mobile user and it is for traders who can not use computers or laptops during their work. you can download it from google play store. Avg 4-star rating from more than 13000+ reviews.
Key Features:
- Track market movement in real time.
- Portfolio view.
- Notification on your investments
- Get real-time price.
- Multiple customized watch lists.
- Intraday charts.
Useful Services.
| Online Trade Reports. | YES. |
| Online PNL Reports. | YES. |
| Intraday Chart Facility. | 5 Days. |
| End of Day Chart Facility. | 5 Years. |
| 3 in 1 Account. | NO. |
| Instant Fund withdrawal. | NO. |
| Relationship Managers. | YES. |
Useful Details.
| Price (Broker Type). | Percentage-Based. |
| Headquarters City (Head Office). | Mumbai(Maharashtra). |
| Total Branches (Presence). | 75 Branches. |
| Research & Tips. | Yes, Research Provided. |
| Total Experience in Broking. | 10 Years of experience. |
| Year of Incorporation. | 2005. |
Client Info & NRI Account opining Regulations.
| Current Active Client Base? | More Than 90,000. |
| NRI Account Opening Allowed Or Not. | YES, It is Allowed. |
Wait! Looking for Best Demat Account
FREE Investing in Stocks & Mutual Funds with No 1 broker in India!!
+1 Crore Happy Customers
Zero Brokerage on Equity Delivery Trades
Flat ₹20 or 0.03% (whichever is lower) for Intraday and F&O
Trade with the best platforms and tools
Fund Transfers Service.
| Number of banks linked to account. | No Info |
| Mode of payment (Withdraw &Deposit). | Immediate payment service, NEFT. |
| Fund Payin processing time. | Immediate payment: instant, NEFT: same day |
| Fund Payout processed (Working Days). | 1 Day. |
Turnover & Other Charges.
| Equity (Cash & Delivery). | 0.00325% of Turnover. |
| Equity Futures. | 0.0019% of Turnover. |
| Equity Options. | 0.05% of Turnover. |
| Currency Futures. | 0.0019% |
| Currency Options. | 0.05% |
| Commodities. | No info |
| Dial & Trade charges. | Rs. 20 per executed order |
| DP Transaction charge. | 0.04% or Rs 19 per debit instruction whichever is higher. |
Support & Tools Available.
| Brokerage Calculator. | Not Available. |
| Margin Calculator. | Not Available. |
| Bracket orders & Trailing stoploss. | Not Available. |
| Cover order. | YES |
| User guide & remote end support. | YES |
Reports & Confirmation.
| Contract notes on Email. | Yes (Register Email ID). |
| Contract notes online. | Yes (Register Email ID). |
| Periodical statement on Email. | Yes (Register Email ID). |
| Trade confirmation on Email. | Yes (Register Email ID). |
| Trade confirmation on SMS. | Yes (Register Email ID). |
Additional Features.
| Charting (Intraday & EOD). | YES. |
| Coding or Backtesting (Algo Trading). | Not Available. |
| Referral program (Affiliate). | Not Available. |
| Training & Education. | Yes via financial learning center. |
| Online trading community. | Not Available. |
Customer Care.
| Contact Details. | RegisteredOffice. AxisHouse,8thFloor, WadiaInternationalCentre, P&urangBudhkarMarg, Worli,Mumbai-400025. Telephoneno.022-24252525. CorporateOffice. AxisSecuritiesLimited,UnitNo.2, PhoenixMarketCity15, LBSRoad,NearKamaniJunction, Kurla,Mumbai-400070. Timings:9amto5pm. |
| Call. | Customer Care. Resident Indian. 1800-210-0808. 022-61480808. NRI:- +91-22-61480809. |
| Email. | Resident Indian: [email protected] NRI: [email protected] |
| Complaints Or Grievances. | [email protected] |
Axis Direct Review & Ratings
On the scale of 5 (0 is worst & 5 is best). Below are the review & rating for Axis Direct.
| Summary | Ratings |
|---|---|
| Customer Experience | 4.5 / 5 |
| Trading Platform / Mobile APP | 4.9 / 5 |
| Services | 4.5 / 5 |
| Brokerage Charges | 5 / 5 |
| Fund Add / Withdrawal | 5 / 5 |
| Overall Rating | 4.5 / 5 |
| Star Rating | ★★★★★ |
| Review Counts | 320 |
More Useful Article
