Axis Direct vs Fyers – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Axis Direct vs Fyers. Axis Direct is the only banking broker known to offer great deals to its clients like happy hour trading, free demat account & more. While Fyers is a non-banking and discount broker well known for its online trading and fast trading platforms and software. Let us check side by side comparison between Axis Direct & Fyers.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers. Axis Direct vs Fyers

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

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This Axis Direct & Fyers comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare Fyers & Axis Direct

Overview of Axis Direct & Fyers

Overview Axis Direct Fyers
Company Type Private Private
Broker Type Full Service Broker Discount Broker
Headquarters Mumbai, India Bangalore, Karnataka
Founder Arun Thukral Tejas Khoday, Shreyas Khodey & Yashas Khodey
Established Year 2011 2015

Axis Direct vs Fyers Customer Ratings Comparison

Customer Ratings Axis Direct Fyers
Experience 6.2/10 3.0/10
Products & Services 6.5/10 8.5/10
Brokerage Charges & Fees 6.2/10 5.9/10
Stock Research & Advisory 6.3/10 6.0/10
Trading Platforms 6.3/10 5.6/10
Overall Ratings 6.3/10 5.7/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 879 123

Axis Direct vs Fyers Demat Account Comparison

Demat Services Axis Direct Fyers
Depository Source CDSL & NSDL CDSL & NSDL
Account Opening Charges Rs.999 Free
Demat AMC Charges Rs.650 per annum 1st Year Free & Rs.300 per Annum
Trading AMC Charges Free Free
Margin Money Rs.25,000 Zero Margin
Offline to Online S R

Fyers vs Axis Direct Brokerage Charges Comparison

Brokerage Charge & Fees Axis Direct Fyers
Equity Delivery Trading 0.20% – 0.60% Free
Equity Intraday Trading 0.03% – 0.05% 0.01% or Rs.20 per Executed order
Commodity Options Trading NA 0.01% or Rs.20 per Executed order
Equity Futures Trading 0.03% – 0.05% 0.01% or Rs.20 per Executed order
Equity Options Trading Rs.10 per lot Rs.20 per executed order
Currency Futures Trading 0.03% – 0.05% 0.01% or Rs.20 per Executed order
Currency Options Trading Rs.10 per lot Rs.20 per executed order
Minimum Brokerage Percentage of Transaction Rs.20 per executed order
Demat AMC Charges Rs.650 per Annum Free for 1st year & Rs.300
Trading AMC Charges Free Free
Margin Money Rs.25,000 Zero Margin
Brokerage Calculator Axis Direct Brokerage Calculator Fyers Brokerage Calculator

Fyers & Axis Direct Other Charges Comparison

Other Charges Axis Direct Fyers
Transaction Charges 0.00325% of Total Turnover 0.00275% of Total Turnover
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare Fyers & Axis Direct Offers

Offers Axis Direct Fyers
Free Demat Account S R
Free Trading Account S R
Discount on Brokerage S R
Trading Happy Hours S S
Flexible Brokerage Plans R S
1 Month Brokerage Free S S
Holiday Offers S S
Referral Offers S S
Zero Brokerage for Loss Making Trades S S

Compare Services of Axis Direct vs Fyers

Services Axis Direct Fyers
Demat Services R R
Trading Services R R
3 in 1 Account R S
Intraday Services R R
IPO Services R R
Stock Recommendations R S
Robo Advisory S S
PMS R S
Trading Institution S S
Trading Exposure Upto 15x Upto 5X

Compare Fyers & Axis Direct Research & Advisory

Research & Advisory Axis Direct Fyers
Fundamental Reports R S
Research Reports R S
Company Reports R S
Annual Reports R S
Company Stock Review R S
Free Stock Tips S R
IPO Reports R S
Top Picks R S
Daily Market Review S S
Monthly Reports R S
Weekly Reports R S
Offline Advisory R S
Relationship Manager R S

Axis Direct vs Fyers Exposure/Leverage

Exposure / Leverage Axis Direct Fyers
Equity Delivery Upto 10x Upto 2X
Equity Intraday Upto 15x Upto 5X
Equity Futures Upto 12x Upto 4X
Equity Options Upto 12x Upto 5X
Currency Futures Upto 7x Upto 3X
Currency Options Upto 8x Upto 3X
Commodities NA Upto 3X
Margin Calculator Axis Direct Margin Calculator Fyers Margin Calculator

Axis Direct vs Fyers Product Comparison

Products Axis Direct Fyers
Equity Trading R R
Commodity Trading S R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex R S
Banking R S
SIP R R
Insurance R S

Axis Direct vs Fyers Trading Platform Comparison

Trading Platforms Axis Direct Fyers
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform R R
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R S
Easy Installation R R
Global Indices R R
Stock Tips R S
Personalized Advisory R S
Interactive Charts R R
Live Markets R R
SMS Alerts R S
Email Alerts R R
Multi Account Management R S

Axis Direct vs Fyers Customer Support

Customer Support Axis Direct Fyers
Dedicated Dealer R S
Offline Trading R S
Online Trading R R
24*7 Support R S
Email Support R R
Chat Support S S
Toll Free Number 1800 210 0808 S
Branches 186 No Branch

Axis Direct vs Fyers Customer Complaints

Complaints (Current Year) Axis Direct Fyers
Lodged in BSE 129 45
Resolved in BSE 115 40
Lodged in NSE 189 64
Resolved in NSE 165 58

Compare Axis Direct with other Brokers & Fyers with other Brokers


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