Axis Direct is the brokerage arm of one of the biggest banks, Axis bank. Established in 2011 as a full-service broker, Axis Direct enjoys a lot of trust in the market because of its parent firm, Axis bank. Axis Direct has an active client base of 3,63,904 as of March 2024.
On Axis Direct Official Website
Updated: 29-05-2024 10:02:17 AM
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Account Opening Charges
Free
Account Maintenance Charges
₹ 790
Plan Charges
₹ 5,555
Call & Trade Charges
Free
Equity Delivery Brokerage
0.25%
Equity Intraday Brokerage
0.03%
Equity Futures Brokerage
0.03%
Equity Options Brokerage
₹ 10
Currency Futures Brokerage
0.03%
Currency Options Brokerage
₹ 10
Commodity Futures Brokerage
0.03%
Commodity Options Brokerage
₹ 10
Equity Delivery Margin
4x
Equity Intraday Margin
4x
Equity Futures Margin
4x
Equity Options Margin
4x
Currency Futures Margin
4x
Currency Options Margin
4x
Commodity Futures Margin
4x
Commodity Options Margin
4x
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Axis Direct offers financial services along with an array of research and analysis tools for trading. It promotes informed decision-making through market reports, stock recommendations and technical analysis tools. The major trading tools offered by Axis Direct are:
Direct Trade is a desktop-based trading platform that allows clients to place orders for various financial instruments such as stocks, mutual funds, and derivatives. Some of its key features include:
RING
A technologically advanced extension of Axis Direct, Ring enables a quick trading experience through its real-time scanning of over 25000 stock market instruments at once. It smoothens trading and investing with a refined Order and Risk Management system and the following features:
Axis Direct Swift Trade
A web-based trading platform, Axis Direct Swift Trade facilitates equity and options trading without the need for any installations. Some major features of Swift Trade include:
Available across various mobile devices, Axis Direct Mobile App provides traders the flexibility to trade with features such as:
CHARGES | DELIVERY | INTRADAY | FUTURES | OPTIONS |
Transaction Charges | 0.00325% – NSE | 0.00325% – NSE | 0.0019% – NSE | 0.05% – NSE |
Demat Transaction Charges | Sell-side, ₹ 18.5 per scrip | – | – | – |
Clearing Charges | – | – | 0.0002% – NSE | 0.005% – NSE |
GST | 18% on Brokerage + Transaction Charges | 18% on Brokerage + Transaction Charges | 18% on Brokerage + Transaction Charges | 18% on Brokerage + Transaction Charges |
STT | ₹ 100 per Lacs | Sell-side, ₹ 25 per Lacs | Sell-side, ₹ 10 per Lacs | Sell-side, ₹ 50 per Lacs |
SEBI Charges | ₹ 10 per crore | ₹ 10 per crore | ₹ 10 per crore | ₹ 10 per crore |
CHARGES | FUTURES | OPTIONS |
Transaction Charges | 0.0026% Non-Agri | – |
GST | 18% on Brokerage + Transaction Charges | 18% on Brokerage + Transaction Charges |
STT | Sell side, 0.01% – Non Agri | Sell side, 0.05% |
SEBI Charges | ₹ 10 per crore | ₹ 10 per crore |
CHARGES | FUTURES | OPTIONS |
Transaction Charges | 0.0009% – NSE 0.00022% – BSE |
0.04% – NSE 0.001% – BSE |
Clearing Charges | 0.0004% – NSE 0.0004% – BSE |
0.025% – NSE 0.025% – BSE |
GST | 18% on Brokerage + Transaction Charges | 18% on Brokerage + Transaction Charges |
STT | – | – |
SEBI Charges | ₹ 10 per crore | ₹ 10 per crore |