Axis Direct Review & Brokerage Charges

Axis Direct is of the few Full services brokers in India with 3-in-1 account. Lets have a detailed review of Axis Direct Demat Account, Axis Direct brokerage charges, Axis bank trading platforms & other features.

Axis Direct Customer Ratings & Review

Axis Direct Customer Ratings & Review

About Axis Direct

Axis Securities Limited is a subsidiary of Axis Bank. The Broker covers membership in NSE, BSE, MCX-SX, and Depository Participant with CDSL. The main stream business of the broker is to allow investing in Equities, MF, SIPs, IPOs, Derivatives, Bonds, NCDs, Exchange Traded Funds and Company Fixed Deposits.

Broker’s collaboration with the Bank, gives them platform for marketing of Axis Bank’s products offerings such as – Home and auto Loans, Personal Loans, Loan Against Property, Loan Against Shares and Loans for SME etc.

Axisdirect gives you facility of 3-in-1 – which is Axis Bank Savings Account, Axis Securities Trading Account and Axis Direct Demat Account.

Axis securities has network of 75 branches across India. They have a demo center as well to get an understanding of the various Axis Direct product. For easy customer care you can contact them through email, SMS, a visit to branches or using ‘Write to us’, which we find to be of great help for their clients.

Axis Direct provides quality research by the expertise of Enam. It also provides access to research providers like Reuters, The Screener and Recognia to help you make informed and wiser decisions. Axis direct offers NRI Trading Account as well to Invest in Equities, Initial Public Offerings, gold ETFs, Mutual Funds and Futures & Options.

Axis Securities Products & Services

List of Products & Services offered by Axis Securities

Axis Direct Products

  • Equity
  • Derivatives
  • Savings Account
  • Mutual Funds
  • SIPs
  • Bonds
  • NCDs
  • Exchange Traded Funds
  • Company Fixed Deposits
  • Loans
  • Gold ETFs

Axis Direct Services

  • Demat Account
  • Trading Account
  • 3-in-1 Account
  • Loan Against Shares
  • IPOs
  • NRI Services
  • Advisory Services
  • Research Reports
  • Customer Service – 24*7

Axis Direct Brokerage Charges & Fees

For online trading, Axis Direct has 2-plans to offer to its clients.

AxisDirect has two plan to offer to its clients.

Fixed Plan: Its .50% for equity trades is slightly less expensive than ICICI (.55%) while same as Kotak Securities, HDFC and SBI Securities (.50%).

Intraday is cheaper at .05% which is cheaper than ICICI, HDFC and at par with Kotak, Reliance and Religare. Future trade at .05% is also competitive.

Option Trade at Rs 100 per lot is slightly expensive than other full service broker

Variable Plan: This is a variable brokerage plan depending upon your trading volume requirement. The more is your volume of trade the lower the brokerage. Equity brokerage ranges from 0.60% to 0.20%. Option brokerage ranges from Rs 95 to Rs 65. Intraday and Future brokerage ranges from 0.05% to 0.03%.

AxisDirect Brokerage Charges for Delivery Trade

Monthly Volume (in Rs.)Brokerage Rate
Rs 0 to 3 lakh0.60%
Rs 3 to 10 lakh0.55%
Rs 10 to 25 lakh0.45%
Rs 25 to 75 lakh0.35%
Rs 75 lakh to 2 crore0.25%
Above 2 crore0.20%

Axis Direct Brokerage Charges for Intraday & Future Trade

Monthly Volume (in Rs.)Brokerage Rate
Rs 0 to 5 crore0.05%
Rs 5 to 10 crore0.04%
Rs 10 to 20 crore0.04%
Above Rs 20 crore0.03%

Axis Direct Brokerage Charges for Options Trade

Zero Rs. Option Trading – 1 paisa per lot options trading if squared off on the same day, Rs 10 per lot when carrying the position f/w.

  • Trading Account Opening Charges including Saving Account, Trading Account and Demat Account @ Rs 999 only
  • Trading Annual maintenance charges (AMC): Rs 0
  • Demat Account Opening Charges (One Time): Rs 0
  • Demat Account Annual Maintenance Charges (AMC): Rs 650 (Rs 0 for 1st year)

Axis Direct Brokerage Charges Fixed Brokerage Plan

Brokerage PlanFixed Brokerage Plan
Flat Fee NA
Equity Delivery0.50%
Equity Intraday0.05%
Equity Futures0.05%
Equity Options1 paisa per lot same day sq off or 10 rs per lot for carry f/w orders
Currency Futures0.05%
Currency OptionsRs 100 per lot
CommodityNA

Why Open Axis Direct Demat Account?

We recommend Axis Direct to our clients because of following reason:

  • 3 in 1 Account
  • NRI solution
  • Research, multiple platforms
  • Learning, orientation and Education Center
  • Track and trade in real time with Swift Trade
  • Competitive brokerage

Axis Direct Trading Platforms Review

Axis Securities offers Customized Screener, Candle stick Charting, Alert Engine, Watchlist, Stock Comparator to identify investment opportunities.

Axis direct offers all possible ways of trading like -terminal based, web based and mobile app based trading platform to its clients. But there is software usage charges that client has to bear to use the trading software like DirectTrade and SwiftTrade.

Axis Direct desktop based Trading Terminal: DIRECT Trade Review

This is fast trading EXE based installable application that can be easily downloaded. Features like fast execution of orders with real time monitoring, live streaming quotes, auto refreshing, multiple market watch, charting etc makes it highly attractive. This software can be used only after by paying Rs 2999 yearly or Rs 1599 half yearly, which we find to be too expensive.

Axis Direct Web based Trading Platform: Swift Trade Review

Real time quotes, multiple watch-lists, quick access to research reports, faster order executions and access to live intraday trading calls are few of the features of Swift Trade. This software can be used by paying Rs 299 quarterly which we find to be comfortable to user’s pocket.

Axis Direct Mobile App Trading Platform: Axis Direct Mobile App Review

AxisDirect Mobile App gives you precision to trade smartly on phone while you are on the go.

Axis Direct Slow connection Trading Platform: Axis Securities Lite Review

This is a lighter trading platform that can be used at a slower internet connection. Especially good for people on the move. For more detail review of mobile app and download please visit Axis Direct Mobile App.

Axis Direct Advantages / Disadvantages:

AxisDirect is a platform to promote all their products and offer trading in equity and Derivative segment. The Broker is backed up by the Bank which is also a plus and Broker also offer NRI Services. So overall a one stop solution for all your trading needs but at a cost higher than Discount Brokers.

Advantages

  • 3 in 1 account
  • Quality research
  • Powerful trading tools
  • Robust trading platforms

Disadvantages

  • Doesn’t offer services to trade in commodity and currency segment
  • You need to pay for Trading Platform usage
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